FFP penalty v Relegation penalty.

Mr Irrelevant · **Joined:** Thu Aug 17, 2006 8:25 pm **Posts:** 22671

Has anyone calculated the difference? including KH's accountant?

ElvisC · **Joined:** Mon Aug 15, 2011 9:55 am **Posts:** 4504

How would we know? The last accounts are in fucking Roman Numerals...

offshorepoolie · **Joined:** Wed Oct 14, 2009 7:32 pm **Posts:** 6011

I liked the one where we had no debt and the next year we all of sudden had £12 000 000 of debt.. Coincidentally what Steve Gibsons puts in a year to HIS team .. ( doesn't ffp apply in the Championship?)

shilts · **Joined:** Tue Sep 03, 2013 9:32 pm **Posts:** 1573

offshorepoolie wrote:

I liked the one where we had no debt and the next year we all of sudden had £12 000 000 of debt.. Coincidentally what Steve Gibsons puts in a year to HIS team .. ( doesn't ffp apply in the Championship?)

Providing the money isn't a loan, it is classed as income and therefore can be used towards wages. In other words, they either have to gift it to the club or 'give' it in another way - eg sponsorship.

offshorepoolie · **Joined:** Wed Oct 14, 2009 7:32 pm **Posts:** 6011

Yes and that's the difference between Hodcroft and Gibson .. One is a football chairman the other doesn't give a rats arse

Fetish_Bob · **Posted:** Mon Oct 06, 2014 12:51 pm

Gibson is a fan Hodcroft is a businessman, thats the difference, when I win euro Millions we'll have a fan as chairman.....

tREE_wiTH_hAMStER · **Joined:** Sat May 19, 2007 11:00 am **Posts:** 20758

Chip Fireball wrote:

The cost of our Football League status was probably the £700,000 IOR got for Luke James.

Off topic but Posh fans aint happy and reckon they need a new striker as the current crop dont look like scoring.

offshorepoolie · **Joined:** Wed Oct 14, 2009 7:32 pm **Posts:** 6011

But it was strange until IOR had alledged financial issues this "loan" did not appear on the balance sheet.. Oh and it must be up to close on £14 000 000 or more if they still "loaning" the same amount on an annual basis..

FFP penalty v Relegation penalty.

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