Hastings gull
Well-known member
- Nov 23, 2013
- 4,635
Good Evening to you, fellow Albion nuts,
I wonder if someone would be so good as to advise me, in words of less than two syllables, exactly what is meant by FFP. I/we hear it all the time, but, not being terribly clued up with regard to finance, I am really not sure what is involved. Is there a restriction on how much can be spent on players? Does the building of a new stadium and training centre impact on what can be spent on the team?
On a slightly different tack, though still to do with finance -how are we in so much debt, allegedly, as I am sure I saw a figure of 8 million. Is this because TB is being paid back a chunk each year. Before we started at Falmer, I am sure that I read that we needed 12.000 to break even, and of course we are well above that. Yes, there are overheads, but I assume that they knew this.
Go easy on me, as I won't understand financial clap-trap, so please keep it simple.
I thank any respondents in anticipation of their help.
Great result today - perhaps a Championship team at home in the fifth round and if we win that , then a "plum" draw in the quarter finals -at home of course!!
I wonder if someone would be so good as to advise me, in words of less than two syllables, exactly what is meant by FFP. I/we hear it all the time, but, not being terribly clued up with regard to finance, I am really not sure what is involved. Is there a restriction on how much can be spent on players? Does the building of a new stadium and training centre impact on what can be spent on the team?
On a slightly different tack, though still to do with finance -how are we in so much debt, allegedly, as I am sure I saw a figure of 8 million. Is this because TB is being paid back a chunk each year. Before we started at Falmer, I am sure that I read that we needed 12.000 to break even, and of course we are well above that. Yes, there are overheads, but I assume that they knew this.
Go easy on me, as I won't understand financial clap-trap, so please keep it simple.
I thank any respondents in anticipation of their help.
Great result today - perhaps a Championship team at home in the fifth round and if we win that , then a "plum" draw in the quarter finals -at home of course!!
