How do the new FFP rules help any club compete with those receiving parachute payments? - in fact they appear to do the exact opposite! ???
All the new rules seem to do is make the total parachute payment payable over three years instead of four, (no mention of the payments being reduced in...
Don't think those figures are correct either - the 3 and the 5 are the wrong way round.
Season 13/14 - allowable loss is £3m plus up to an additional £5m if covered by an equity purchase.
Under current rules if a club loses £15 million over 3 years £6 million of that has to be funded by equity purchase and the club's debt increase by £9 million.
If I understand it correctly under the new rules there doesn't have to be any equity purchase and debt increases by £15 million
No...