Dick Swiveller
Well-known member
- Sep 9, 2011
- 9,533
Think this is Ken Dodd's accountant.
On the subject of Brighton, there's a very interesting thread on NSC regarding FFP. Not so much for the partially debunked article linked to but the discussion about how they keep under the threshold by using whatever depreciation they need to on the stadium.
So their owner gifts them a £100m+ stadium and then they use that effectively as a slush fund to top up whatever they need to keep within FFP limits. Then their fans go around being sanctimonious about the spending of other clubs...
Since we now know FFP isn't an issue for them, I hope we sting them for GM.
Read more: http://www.bournemouth.vitalfootbal...asp?tid=78354&start=21&posts=22#ixzz4UbmzNMck
I'm no financial wizard but even I know that isn't how depreciation works.
On the subject of Brighton, there's a very interesting thread on NSC regarding FFP. Not so much for the partially debunked article linked to but the discussion about how they keep under the threshold by using whatever depreciation they need to on the stadium.
So their owner gifts them a £100m+ stadium and then they use that effectively as a slush fund to top up whatever they need to keep within FFP limits. Then their fans go around being sanctimonious about the spending of other clubs...
Since we now know FFP isn't an issue for them, I hope we sting them for GM.
Read more: http://www.bournemouth.vitalfootbal...asp?tid=78354&start=21&posts=22#ixzz4UbmzNMck
I'm no financial wizard but even I know that isn't how depreciation works.