FFP

[john e]

It’s like Y2K all over again
Panic then sod all happens (hopefully)

[Crown Hill]

Yep and every time a podcast or radio show wheels out a supposed finance expert it’s obvious that they know no more than anybody else and all their answers are based on guesswork and caveats!

[PaulWinch again]

It’s like Y2K all over again
Panic then sod all happens (hopefully)

Well yeah, I suppose you can stretch that analogy. Wasn’t part of the reason the Y2K panic didn’t materialise the fact that lots of prep work was done to mitigate its impact. It’s similar here.

[cdbearsfan]

It isn't entirely true. A nuclear bomb went off in Stoke, but nobody noticed.

[Bosco81]

How do bonuses get counted in the accounts ?

If we had qualified for the Champions League again would the bonuses paid to players/staff be counted in 24/25 accounts ? If so, does that mean our accounts this year (24/25) are in better condition because we didn't qualify ?

[john2710]

Soon the PSR deadline will have passed. Either we'll be accused of cheating via sales of players or by selling the women's team or naming rights.

Or if we don't have any PSR issues, it won't be mentioned again until next year.

[OCD]

Or if we don't have any PSR issues, it won't be mentioned again until next year.

Not sure about that. We'll be past the deadline but it's normally around January when we find out whether we've breached the rules or not and what the punishment would be.

[Rigadon]

Wait, so this could bore on until next January?

[PaulWinch again]

I suspect our lack of activity (actively selling) is a good indicator.

[DrGonzo]

Absolutely, and no incomings before July 1st could indeed mean there are no issues as long as we don't spend in this period.

[paul_e]

Wait, so this could bore on until next January?

No, that's hte old assessment process. Now they've changed it so the noise in January is about the on-going season.

[Somniloquism]

Absolutely, and no incomings before July 1st could indeed mean there are no issues as long as we don't spend in this period.

Most of the deals being announced by others are based on 1st July expenditure. I would have thought there might have been some more solid incoming talk by now. Afterall the 1st is Tuesday.

[AV82EC]

Absolutely, and no incomings before July 1st could indeed mean there are no issues as long as we don't spend in this period.

Most of the deals being announced by others are based on 1st July expenditure. I would have thought there might have been some more solid incoming talk by now. Afterall the 1st is Tuesday.

I think that’s because we didn’t get CL. I’d imagine the club are probably looking at what the likelihood is for Turnover in the coming financial year with EL rather than CL and maybe having to adjust some thinking based on that. I don’t think we’re in any sort of PSR trouble at all this year but we just need to be careful next year.

[paul_e]

Absolutely, and no incomings before July 1st could indeed mean there are no issues as long as we don't spend in this period.

Most of the deals being announced by others are based on 1st July expenditure. I would have thought there might have been some more solid incoming talk by now. Afterall the 1st is Tuesday.

I think that’s because we didn’t get CL. I’d imagine the club are probably looking at what the likelihood is for Turnover in the coming financial year with EL rather than CL and maybe having to adjust some thinking based on that. I don’t think we’re in any sort of PSR trouble at all this year but we just need to be careful next year.

not for PSR, we have a huge loss dropping off the calculations on tuesday. Everything comes down to the wage bill now.

[Rigadon]

Wait, so this could bore on until next January?

No, that's hte old assessment process. Now they've changed it so the noise in January is about the on-going season.

Thank fuck for that!  It's so tedious - like the VAR of football accounting. Joyless.