Frank Clark’s Tash
Jack Burkitt
So if we did indeed sell Vellios say to Olympiakos does that mean we could do some FFP tinkering?
We 'sell' him for some fanciful fee like £10m which goes towards our FFP calculations, but at the end of the day it's not real money as as we have the same owners. Paying themselves is just shuffling figures around on a spreadsheet/tax return. The upshot though is that we suddenly have a lot more wriggle room when it comes to other signings where FFP is concerned as our balance sheet says we're £10m better off.
That's assuming the Greek leagues don't have the same ridiculous rules that we have over here of course.
How did it work for Watford when they were in this league? Although I think they may have gone up before the system came in.
We 'sell' him for some fanciful fee like £10m which goes towards our FFP calculations, but at the end of the day it's not real money as as we have the same owners. Paying themselves is just shuffling figures around on a spreadsheet/tax return. The upshot though is that we suddenly have a lot more wriggle room when it comes to other signings where FFP is concerned as our balance sheet says we're £10m better off.
That's assuming the Greek leagues don't have the same ridiculous rules that we have over here of course.
How did it work for Watford when they were in this league? Although I think they may have gone up before the system came in.