FFP Rules

[shortagain]

Does anyone know enough about the FFP calculation rules to advise if a proviso is made for interest charges against Chelsea's debt, estimated at £950M, (MUFC pay about 9% on theirs) which is then included in the calculation for their P&L accounts on which FFP is judged. It is listed in their accounts as interest free loans, but if they were paying commercial rates on these loans, they would breach FFP every year. We get penalised for doing deals with friends, with a reduction being made to our income streams.

I'm sure Jose is just trying to wind us up, but he is a fcuking hypocrite all the same

[gmercer1]

FFP does not apply to anyone but us.

[Mikhail Chigorin]

FFP does not apply to anyone but us.

A perfect definition.

[Beefymcfc]

Maureen complained after spending nearly 100 million English pounds, ironic really.

[Mikhail Chigorin]

Maureen complained after spending nearly 100 million English pounds, ironic really.

He must have been viewing his own posterior in a mirror, because he has a bare-faced cheek.

[Socrates]

Does anyone know enough about the FFP calculation rules to advise if a proviso is made for interest charges against Chelsea's debt, estimated at £950M, (MUFC pay about 9% on theirs) which is then included in the calculation for their P&L accounts on which FFP is judged. It is listed in their accounts as interest free loans, but if they were paying commercial rates on these loans, they would breach FFP every year. We get penalised for doing deals with friends, with a reduction being made to our income streams.

I'm sure Jose is just trying to wind us up, but he is a fcuking hypocrite all the same

Of course it doesn't and of course it should. They wouldn't be allowed to run up new debt to fund first team spending, other than that they are unaffected.

[blues2win]

Bloody good point about interest free loans.

[simon12]

Don't know if any of you are aware of this. Apologies if you already do..

https://www.facebook.com/fairplayforfans?fref=nf