This is a genuine question mate. I know we have money to spend this Summer, but with FFP can we spend big? I was under the impression that before we could spend we would need to get rid of a load of our deadwood first who are on big wages, and that's probably easier said than done.
I'm probably not the best person to ask that really mate.
From my understanding we came very close to a 3 year limit last year (though we have increased sponsorship by £6m and had the £30m injection). However if we repeated the last years account this year, it's hard to see how we avoid going over the limits on losses. The elephant in the room is going to be new Shirt and sleeve sponsorship which could also bring more money in.
Reading between the lines it seems wages have stayed the same. Gana's sale would have brought in £25m profit, and bookman and Vlasic at around £30milion profit between them, maybe £40m profit with Onyekuru leaving.
So with those sales at potentially £65m profit showing and maybe sponsorship up perhaps £25million we might be ok. However we did pay out for a fair few players again, which will weigh us down.
It seems the club are being quite open and working with UEFA quite openly. I suspect they will point out they are trying to comply, a lot of the losses are down to having to continually rotate managers and factors out of our control. In the first instance I could imagine a warning would be given with assurances we would be looking to rectify the situation.
In the broader picture most of the problems are limited with a big sale every year or 2. I do wonder if one of Holgate, Calvert Lewin or Richarlinson goes. I think it just gives us a lot of flexibility. It also probably allows us to show UEFA we are going into profit for this season so we have learnt our lesson. All of these things do also get impacted upon by whether we qualify for Europe too. If we don't then the urgency to comply is probably a bit less as UEFA won't ask as many questions. If we do it's a concern, but potentially £20m + from EL or up to £100m from CL makes a massive difference.
FFP are a set of quite flawed rules which there are ways of maximising. One of them is to sell big players quite regularly. I don't think we will do this, but if we sold Richarlinson for say £110m and Calvert Lewin for £90m. That would probably allow us to spend around £600m in fees that same year. Or consecutive years of £300m and we would be fine for FFP. We would be fine for probably 5 years (as 2 years would be profitable still, and it would take a further 3 years after to show the loss). I do wonder if such sacrifices, as a smaller level will be considered.