roydo
in memoriam - 1965-2024
So if the losses haven’t stopped we will be subject to a penalty? Are any other clubs due a penalty? People make these claims but all we see is further expenditure and further losses throughout the premier league.
Its a 3 year rolling period mate, with all sorts of stuff allowed to contribute to "losses". For us, we needed to have last years accounting loss reduced, to avoid a sanction, hence the Richy sale being done on the 31st July, to lob that £50m in last years accounts.
So, if we continue in a similar vein for the next 3 years, we could be in trouble. Cos we cant use covid, Richy, and the loss of USM twice. Thats why many think Moshiri will sell once BMD is done. PL existence hence, is a bit important.
The slate does not get wiped clean after a sale, but some stuff (dont ask me what) kinda gets reset.