Guest Posted November 2, 2014 Share Posted November 2, 2014 It looks like the article rates the likelihood based on the losses in the previous accounts which I think is a pretty fundamental mistake. Our last set of accounts included an £11m impairment write down against our playing squad and I doubt we'd be the only club to take this approach to bring costs forward into 2012/13. So I think that the analysis presents an overly pessimistic view. Costs associated with the recent change in management may put us on the naughty boys list, but as stated above, prior to this Gartside did have confidence that an embargo could be avoided. Think it will be close either way but mandating one in one out isn't a million miles form our self imposed transfer policy in the last window, so it's hardly a disaster. The exit of DF will fall into this years accounts. The accounts being submitted will be to 30.06.14 (I think) Quote Link to comment Share on other sites More sharing options...
RoadRunnerFan Posted November 2, 2014 Share Posted November 2, 2014 Fair point BD but according to the article the rules do allow you to provide interim information based on this year to have the ban lifted. The cost impact of the managerial change is likely to weaken any such application. Quote Link to comment Share on other sites More sharing options...
pato Posted November 3, 2014 Share Posted November 3, 2014 Both Man City and Monaco have paid extensive fines for the FFP which went into a fund for all the clubs who qualified for the European cup because it was really underfunded in the first place pah Quote Link to comment Share on other sites More sharing options...
SalfordOriginal Posted November 3, 2014 Share Posted November 3, 2014 Good article by that loveable Hammer in the daily mail today about the impact FFP has had on the German league. Quote Link to comment Share on other sites More sharing options...
little whitt Posted November 3, 2014 Share Posted November 3, 2014 It looks like the article rates the likelihood based on the losses in the previous accounts which I think is a pretty fundamental mistake. Our last set of accounts included an £11m impairment write down against our playing squad CAUSE THEY WENT TO DOG SHIT Costs associated with the recent change in management may put us on the naughty boys list, but as stated above, prior to this Gartside did have confidence that an embargo could be avoided. Think it will be close either way but mandating one in one out isn't a million miles form our self imposed transfer policy in the last window, so it's hardly a disaster. Quote Link to comment Share on other sites More sharing options...
RoadRunnerFan Posted November 5, 2014 Share Posted November 5, 2014 That's a fair point well made Whitt. Quote Link to comment Share on other sites More sharing options...
Members burnden Posted November 6, 2014 Members Share Posted November 6, 2014 http://www.football-league.co.uk/news/article/2014/20141106-championship-financial-fair-play-rules-rg-2066799.aspx Quote Link to comment Share on other sites More sharing options...
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