Yeah I get you. I think he’s guilty of speaking as if his opinions are fact and also making the assumption that Moshiri / the club actually care about FFP / the PLs financial regulations, as well as ignoring the fact that there are probably lots of things the club knows that we don’t (eg maybe they know FFP isn’t even gonna matter for the next couple of seasons).
But he’s not wrong when he says that, based on the financial regulations as we currently know and understand them, we are definitely falling foul of them at present. I mean the PL permits a loss of £105m over 3 years. Didn’t we post a loss of £112m last year alone? And we’re probably going to post another loss this year. Moshiri ploughing more money in doesn’t help that as it’s not revenue.
The way I see it, at least one of these things has to be true:
1. The club are absolutely banking on us getting Europe this season with the hope this will massively boost revenues (including improved commercial deals)
2. The club don’t give a shiny one about the financial regulations and are willing to pay any fine that eventually comes their way
3. The club have green light from the PL / UEFA to spend at will without repercussions given COVID
4. The club are planning for the sale of a huge asset next summer for £100m+ (eg Richarlison)
Having said all this, I’m just made up to see Moshiri backing Ancelotti. I’ll leave it to them to sort out the financials of it all.