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Reply | And breathe... - Simon Dorset's annual deep dive into the accounts
at 19:49 27 Feb 2025
It is an increased allowance due to inflation. £2.5m
It currently applies only to this season (24/25) which will, or course, remain in the FFP calculation for the following two season. It would hardly be a shock if it became permanent. |
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Reply | And breathe... - Simon Dorset's annual deep dive into the accounts
at 14:23 27 Feb 2025
The disallowable costs comprise expenditure on infrastructure projects, depreciation of fixed assets, youth development, community schemes and women’s football
The opening of the training facility (a fixed asset) has seen a measurable rise in depreciation, and the cost of the academy has risen. Whether this is genuine or having the academy and first team sharing facility has blurred the edges is open to interpretation. |
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Reply | And breathe... - Simon Dorset's annual deep dive into the accounts
at 13:00 27 Feb 2025
We did Myke.
Our losses, after allowances, were £37,705,000, we were allowed to lose, £39,000,000. We snuck under by £1,295,000.
Never in doubt..... |
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Reply | And breathe... - Simon Dorset's annual deep dive into the accounts
at 23:11 26 Feb 2025
Leicester extended their accounting period and so straddled two seasons. Perfectly acceptable in the business world, but only allowed due to badly written FFP regulations. I'm sure the regs used to say that for clubs whose accounting periods didn't end in May, June of July, they had to prepare FFP returned to 30th June. |
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Reply | And for my next trick – Fans Forum
at 15:56 1 Oct 2024
Rather pointless blanking of the FFP question considering it is detailed in the accounts.
The non-current liabilities in the May 2023 accounts show:
Greater than 1 year
FFP Settlement £8,500 (k)
So after last season's payment of £1.7m the club had paid half of the fine.
Edit: I got my years confused! [Post edited 1 Oct 2024 16:43]
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Reply | Madsen signs
at 07:01 24 Aug 2024
It is an additional allowance for FFP purposes only, definitely not income. |
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Reply | Madsen signs
at 18:01 23 Aug 2024
Don't forget that, apart from our player purchases being amortised across the length of their contracts, this season (and supposedly only this season) there is a £2.5m cost of living allowance we can reduce our outgoings for FFP by. This sort of replaces the £2.5m Covid add back which is dropping out of our FFP reporting period this season. [Post edited 23 Aug 2024 18:25]
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Reply | Everton points deduction reduced
at 07:34 19 Mar 2024
The PL don’t have a sliding scale like there is the the EFL. Up until Everton they hadn't even given the punishment a thought. Forest breached the FFP upper limit by £34.5m!
The punishment was 3 points for breaching, a further 3 points because it was a big breach, but with 2 points deducted for good behaviour (admitting the beach and helping with the investigation process).
A breach of that scale would be hit with 12 points in the EFL before any aggravated circumstances or mitigation. [Post edited 19 Mar 2024 8:29]
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Reply | Boro Refection
at 11:42 10 Mar 2024
Exactly this.
Whichever of their defenders who made that excellent tackle on Smyth after he had rounded Dieng as good as won the match for them. |
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Reply | ffp
at 12:35 7 Mar 2024
We could, but you but you’d not get a good price for any players as it would scream firesale. Anyway, all the noises coming out of the club suggest that we don’t need to. |
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Reply | ffp
at 08:33 7 Mar 2024
The transfer window opens on June 14th. Leicester had already moved their end of their financial year back to 30th June, so they have time to sell someone.
They have a player out on loan at Bologna with an agreed fee. That may be enough to save them. |
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Reply | ffp
at 07:55 7 Mar 2024
I think what is being said is the Leicester are forecasted to breach this season, but have found a loop hole meaning that they don't have to adhere to an imposed business plan. |
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Reply | Always crashing in the same car – Column
at 18:43 23 Feb 2024
I'm just quoting the regulations.
My interpretation would be that if we breached this season, it couldn't be definitely determined until our financial year was over (May 31st) regardless of any FFI, so any points deduction would be next season. Make sense? |
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Reply | Always crashing in the same car – Column
at 08:38 23 Feb 2024
Sadly not.
That would be treated as Deferred Income and allocate to the appropriate season's accounts. It would help cash flow if there was an issue with that though. |
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