I mean our spending isn’t done but this isn’t the reason. The club will likely bleed money on a month to month basis in cash flow terms.
also this facility will surely result in us patient interest to hsbc.
I think for Burnley; the concerns aren’t ffp. They are cash flow, iirc Burnley we’re bought using loans and likely with business plan which involved being in the premier league.
Your missing the point, ultimately if he sold the club for more than he put in plus what he paid he made a profit.
his investment created a return. I haven’t done the maths but in pretty sure it was profitable
Well, yea so people who trade with them in the future should worry (this was one of Bayern’s concerns). I’m also assuming it’s possible to cover such things with bespoke insurance contracts.
They are basically mortgaging future tv revenue as we speak. Also it’s perfectly normal for clubs to be owed or owe transfer fees given the nature of the agreements.
Also, for FFP purposes (EPL version) if you took out 500m to build a new stadium this wouldn’t reflect in your FFP calculation but would reflect in your overall debt.
It’s nuanced and unfortunately nuance and media are foes.
I think so too, but I also think we will have to overpay to get the players we need.
it’s difficult to judge it all, we aren’t very clear as far on how fast we are supposed to be progressing.