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Correct. That gives the FL a month to review them and decide if anyone needs to go on the naughty step.

For the Albion, with depreciation of £4.5, Youth development costs of (a guess) of £2.5 m and other allowable expenses of probs £500k they could make accounting losses of £20m a season and still comply with FFP. I was teaching some SPIVS in the City recently, and one or two are involved in...

I think FFP is to 30 June, as that would tie into the opening of the transfer window. I'll do some checking.

Agreed, my error! Should have said May/June. No idea what Rotherham are up to though!

Most clubs have a financial year end of 31 May.

Nope, I'm saying gambling on losing £39 million in one year and then trying to break even for the next two years is not fine, it's dumb IMO.

No they didn't. However for 2015/16 allowable FFP losses are £13 million. I think they will probably by okay, but they did gamble on Bradley Johnson (£6m) Ince (£5m) Butterfield (£4m), Shackell (£3m) Weimann (£2.8m) Blackman (£2.5m) plus paying Darren Bent a decent wedge on his Bosman deal...

QPR's (very expensive, very aggressive) lawyers would argue otherwise though. Whatever happens, the lawyers will get rich.

I wouldn't spend all my money on lottery tickets, simply because one might win me a jackpot.

Elvis Manu? James Wilson? Only need a couple of expensive turkeys. It would be dumb to sign a £10 million player on a 2 year contract. We are already looking nervously at the Dale Stephens situation, and he signed a 3 1/2 year deal which has one year to go. To sign a player on a 2 year deal...

But it would be very dumb.

My understanding from sources close to the Football League (and NOT anything to do with the Albion), is that the QPR situation is ongoing and is regularly discussed at FL board meetings. The FL are however so scared of QPR's lawyers that the contents of the regular board discussions are not...

Not possible to have a points deduction given that the Premier League and Football League are completely separate bodies. Also, has been seen with the QPR situation, once the lawyers are involved things tend to drag on and on.

It's technically feasible to have a shit or bust approach in one season. But if you sign a few players for £10 million each, and incur losses in the region of £39 million in year 1, without achieving promotion then it would be almost impossible to achieve breakeven in years 2 and 3. This is...