What restrictions? Their commercial revenue allows them to spend pretty much as they please as long as they sell the odd player(usually at inflated costs).
It's like buying an ailing once great business that requires significant investment to get it back on track to be competitive.
I guess thats the advantage of good owners and a business plan.
A club that's run as badly if not worse than we are. They've sold their star midfield and best striker. I feel a lot happier seeing them, Luton and Sheffield United in the league this season.
Whilst I agree that P/S rules have been badly implemented and aren't fit for purpose, debt can be sustainable. If it wasn't people wouldn't be allowed to go on holiday whilst they had a mortgage.
Out of their hands now !? Didn’t they approve our spending / accounts over the last 2 years ? Backing away now … points deduction and incoming ???
The independent commission only gives the guilty/not guilty verdict, no? Surely they aren't able to issue the punishment too?
They can't it's down to the league. IF found guilty we'll get a slap on the wrist and a fine we have to pay off over a few years.
Yes, United can sustain it obviously. But my point was that debt in football on that level or anything approaching it can only be borne by a select few clubs and it provides them with the loophole and competitive edge they require to keep others out of a level where success is a possibility.
But Everton have almost the same level of debt Dave.
They have yet to add their "stadium expansion/change/regeneration" to their debt so surely they will be nearer 2 Bn by then? We are under 1bn by a small amount admittedly but we are under, arent we?