YorkshireRoyal99HoundYorkshireRoyal99
But if it's costing us more than we can afford, then it's not running the club properly.
It's all well and good wanting fantastic facilities, category one academies etc, but if you can't afford it, you don't do it. Basically the first rule of business management.
Not necessarily if it’s properly investing to be more successful in the future
Don’t think academy costs are counted anyway are they? It at least some exemptions for it
Just taken this from the BBC page from back in 2019.
"Money spent on stadiums, training facilities, youth development or community projects is exempt."
Now whether that means just investment to improve your facilities or just the academy/training facilities in general, I don't know, I've always assumed it was an investment to making them better, rather than the upkeep of them.
If it is the latter, it only muddies the water further about, what else are we spending money on to be so far over the FFP limits previously? If all training/academy facilities etc are exempt, how have we lost £138m worth of accumulated losses over three seasons? Transfer fees and wages will make up a big proportion I'm sure, but what is the rest made up of?
Because we were historically pissing money up the wall.
For two seasons straight, only about 2 years ago our wage bill was 200% of income. Excluding everything else that's a two year loss of about £40m on its own.
At the same time we were throwing around multi million transfer fees.
Selling off every asset we owned so we could rent it back from the owner.