11 Aug 2023 21:14:20
Hi edds are villa in any danger of ffp few people on here think we are wonder if you know anything?
{Ed001's Note - not as far as I am aware. It is very complicated though.}
12 Aug 2023 08:50:15
Not sure how FFP works to be honest, but what I do know is that you can’t as a business continue to run at a loss. At the moment 4 clubs are running with losses at over a quarter of a billion pounds, Chelsea lead the way at £552 million, followed by Everton at circa £350 million we then come next somewhere in the region of £280 million. Our income is I think around £180 million per annum if in the simplest of terms FFP is about not living beyond your means over a 3 year cycle, then it seems to me that we either need to generate significant new income streams which I know is qualifying for Europe will help with, or we are going to have to generate income through sales of one or two of our stars. Am I right or am I missing something?
12 Aug 2023 14:15:01
We made a profit last year though