In regards to your first paragraph. Yes. Infrastructure in general doesn't count towards FFP. Apparently. However, why have ourselves and other clubs done the same thing? It can only be to change our FFP situations so that we can spend more money. So, that quite clearly is a contradiction. But...
Nothing has been outlined in terms of longer term strategy but I imagine that he would transfer it back if we were promoted. He isn't a horrible owner, he's just misguided and inexperienced and gets very emotional with decision making. It seems culturally he doesn't quite get Sheffielders...
That's right!
In our accounts Hillsborough transferred to Dejphon Chansiris other company and suddenly in the accounts the value went up from £38M in 2018 to £60M in 2019 (from memory). It was a loophole at the time but because other teams complained they've since clamped down on it.
It's because FFP is always a 3 year analysis. I believe the main thing the EFL are reviewing is actually the sale of our stadium. A transaction where our owner sold Hillsborough to another holding company he owns. I believe in our accounts, which we were late to release, we back dated this sale...
Of course there's many in our fanbase that feel hurt and that we've been picked on but being honest I think we probably deserve some sort of punishment for overspending. It is in the FFP rules afterall. Our chairman is fighting the EFL on all fronts though and is aiming to sue them. It's a bit...
Haha brilliant comments. At least most teams can see who the shithouses in Sheffield are! Be great having your lot back at Hillsborough too.
In terms of our potential deduction. I think most of our fans kind of feel we have only ourselves to blame. Instead of adhering to FFP we went out and...
From a Wednesday fan. Not posted on here for years, since you signed the legendary Reda Johnson I believe.
Nice to see you guys back though, seems like its been a long hard slog. I have kept an eye on you and the issues your club has faced. I hope it's a positive swing now.
Hopefully we...