MagpieBee
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I suspect it is the last part, and you guys have decided to abandon it, but there may well be a way you are getting around it (the limit does go up next year, and you do have a lot of funds).I'm hoping that our newest (lee) member hasn't pissed you off to start throwing things around like that. I thought I would ellieviate your FFP queries.
For about 5 years now our board of directors (GSE and now Mel Morris) have backed FFP consistently. We were one of the clubs in favour of its introduction and have defended it in the past to changes.
I admin that on the face of it, our transfer spending is massive. In fact, I don't think we've ever spent this much during 1 season in my lifetime. Our owner though, Mel Morris, has always said we are within FFP regulations st every fan forum. Indeed when the accounts are released in the past it's always backed it up. He is an astute business man so I'm pretty sure that any loopholes will be exploited. On top of this, we have the highest average attendance in the league, been on sky multiple times, have the biggest stadium sponsorship deal in the league and one of the highest commercial incomes. This drives additional revenue through the club that's being reinvested.
Now in case Mel has decided to sweep FFP aside and just take any hit or suffer an embargo, then I think we deserve everything we get by gambling to get to the premiership.
Edit: just wanted to add that most transfer fees now are spread over the lifetime of the contract of that player. Clubs budget on income and expenditure are now done to take this account. Bare in mind that we've spent hardly any money before this season on transfer fees (George Thorne the only one at about £2m)!then we have only a few contractual commitments for paying.
However, I'm pretty sure you guys mentioned last year you were only *just* going to pass, so I struggle to see how your finances would have improved by so much so quickly to be able to finance it without breaking the rules (though any sales in the summer window can be used to offset losses from the previous year, so perhaps you'll just pay for the transfer spending this year if you don't go up by selling a couple of the crown jewels, Hughes would pay off most of it in one go you'd think)
Anyway, if you don't go up and stick by the rules, then no harm done. I just struggle to see it at the moment.