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Good list of one-off costs...the club site says we've effectively taken the hit on a whole load of stuff prior to FFP kicking in, so this makes sense.

Ah ha...that will explain things. Thanks

It's interesting that (a) Poyet received a massive increase in playing budget for the 2012/13 season (football costs increased from £14.8m to £20.9m - 41% increase; (b) we are led to believe that Oscar's budget this year is slightly higher. Yet, at the same time, we are on course to reduce the...

Well, Paul Barber has said we're on course to meet the permitted max loss of £8m in 2013/14, so something has gone right!

Hence the long term plan, which is to develop the academy and bring players through the Development Squad.

Repayments of the loan wouldn't appear in the P&L account anyway, even if the club had paid him back £100m.