22 Aug 2013 19:26:42
I don't really understand these new FFP rules that have come in!
I understand that you have to keep to a set percentage of turnover!
Wednesday will be on the low side in this league on turnover despite big support! Wednesdays ticket pricing will be among the cheaper ones and along with lack of premier league money we are likely to have a poor team compared to many in the championship! Owners can't put money in to bridge the gap of premier money so we will be stuck with a lower turnover hence a lower wage bill! Any new owners will be in same boat as Mandaric! Very depressing I think! Hope we stay
up again but for how long!
In my book we can't ever progress!
I think that kills off any excitement for me!
All we are trying to do is get an OK striker like Lita and that is becoming a financial problem!
I reckon Brad city, peterboro and Wolverhampton will get promoted and I hope we can stay up! {Ed003's Note - Owners can put extra money in, £6m this year £5m next and then £4m the year after and staying at that amount thereafter.}
Op here thanks Ed!
So many people interpret the FFP
in different ways so you get 5 or 6
different views on this! {Ed001's Note - the owners can also pump money into the club's infrastructure (if they choose), such as stadium, training ground, merchandising and youth academy, without it affecting the budget.}
That sort of money does not compete with parachute payments so it will be difficult. In long term Wednesday stock will rise as we do have more fans and more money coming in than most.