The Everton Forum • Re: Jarrad Branthwaite
FFP is an on-paper regulation which can seriously affect the actual finances of the business itself.I mean it's beyond ridiculous isn't it. Selling under market value to the teams who have little to ever worry about ffp wise.
Ffp could actually drive a team into administration. It does nothing to stop you getting into a mess and then when you're there it drives you further into it with loss of prize money and being unable to sell playing assets for their worth.
To adhere to it, it forces the business to sell assets at a discounted value in order to meet an arbitrary P&L limit, which ordinarily it probably wouldn't have to do if the P&L limit had not been there.
So you are absolutely right, it not only puts the business in a worse financial position, but it means the club's playing staff and assets are negatively impacted in a way that affects competitiveness.
Statistics: Posted by Gary1878 — Mon Jun 17, 2024 9:23 am