It just seems utterly ridiculous that again we are actually showing a positive balance on transfer fees while manure again are in the red. Surely they are failing FFP because they are losing every window
Their commercial revenues are huge in comparison.
As you know i loathe them with everything i am but recently i hear a pretty good analogy on a POD cast that explained it.
Imagine you have a mortgage for £1,000,000 and the payments each month to the bank are £3000.
You are in debt for the next 25 years to the bank for £1,000,000
If you earn £5000 per month then you can easily service the payments.
The Glasiers borrowed from the bank and use their earnings to pay the repayments - each time they fuck up with another "next big thing" on huge wages - they just get a bigger loan to pay it off but the debt to the bank only rises a small amount each time as it is over a long period.
The very very rich rarely use their own money for anything but instead borrow