The Esk
Player Valuation: £70m
We could in theory buy over 100 mil worth of players and not have adverse effects of FFP then?
surely if we spend alot we could balance the books by sponsorship;/rev player sales etc//
also isn't ffp over 3 years? surely we would be in europe by then and have increased income
isn't that why we looking to appoint people on financial side eg BP man and Dein etc? @The Esk or am i guessing in the dark here
Cumulative losses are examined over rolling 3 year periods (£105 million over three years). Cost control measures (no increase in salaries above £7 million without a corresponding increase in non broadcasting revenues) is annual.
Director appointments are more to do with group financing - stadium, commercial sponsorship - player trading and cost control regulations are relatively simple to manage.