Purslow was instrumental in drawing up the FFP rules, wasn't he? I'd be absolutely astounded if we weren't working to the letter of the law (fella).
My take.Under Xia, I used to worry about FFP.Under NSWE, I don't.Hope this helps.
You'd be better off putting these questions to SHA and Molineux Mix.
Quote from: Lastfootstamper on June 07, 2021, 06:05:18 PMYou'd be better off putting these questions to SHA and Molineux Mix. The man to ask is Mr Popodopolous on OTIB. He seems to spend more time analysing our accounts than the whole of our Finance Dept.
Quote from: Lastfootstamper on June 07, 2021, 06:05:18 PMYou'd be better off putting these questions to SHA and Molineux Mix. It's pretty amazing to hear Wolves fans pointing at us and screaming FFP!Take a look closer to home, bitches.
Quote from: Dave P on June 07, 2021, 07:15:38 PMMy take.Under Xia, I used to worry about FFP.Under NSWE, I don't.Hope this helps.Not really Dave, no.We all know we're being better managed financially. I was hoping for a more sensible answer on where we stand with FFP and how much more we can spend before we would be in breach of the regulations. There's a finate amount we can spend over a 3 year period and we must be getting very close to it. We're just the sort of club they would like to make an example of so we can't just ignore it and say 'we're significantlu richer than yow.'
Where we stand is that our CEO was a key player in writing the regulations. If we're doing something it's because he knows that it's within the rules or covered by a loophole of some sort.On top of that even with the 2 years in 1 thing and writing off of some covid related debts I can't see FFP surviving as is because the impact is so broad that any sanctions would be open to legal challenge.
Quote from: paul_e on June 08, 2021, 09:11:28 AMWhere we stand is that our CEO was a key player in writing the regulations. If we're doing something it's because he knows that it's within the rules or covered by a loophole of some sort.On top of that even with the 2 years in 1 thing and writing off of some covid related debts I can't see FFP surviving as is because the impact is so broad that any sanctions would be open to legal challenge.and very few European clubs will be able to meet the existing criteria.So they may try to rewrite the rules and after the ESL debacle I think that they may find that extremely difficult.That is without Citeh flagrantly undermining the whole process.