bromtom
Well-Known Member/ Former F1 Driver Jos Verstappen
Up to FLDC 2017 accounts they’re quite away from £3pm losses. Without looking it’s mainly due to player sales. As I understand it after reading the FFP rules rather than listening to messages from my kettle, owners can invest in share capital to cover cash flow losses only. It doesn’t count as income for FFP purposes. Loan fees are treated as wages.
I think you may be correct. It is bollocks. See Aston Villa.
Every club should get an EFL accountancy team as part of being a registered EFL team and all on field matters should pass through them.
The Villa one really stuck in my craw, to go from skint we're selling everyone to now is absolute jumbo bollocks. The club is the club is the club, it shouldn't matter who the owner is. You still have to pay your credit card off if you move house, if you've got debt it should follow you until the FFP period starts again.
Powers that be are useless though so no-one will ever be held accountable, too scared of pissing off the big boys and them forming some breakaway euro super league or Premier League 2.