Radz has stated today that we have lost between £30m and £40m due to the virus and lockdown which would be massive for us if we had not won promotion. Thinking how bad things will be next season for Championship clubs and the rest of the EFL. Yes the EFL are relaxing FFFP rules which is going to bail out the cheating gits like Derby.... https://www.leeds-live.co.uk/sport/leeds-united/leeds-united-radrizzani-kit-sponsor-18655397
Surely a bit like you can't be retrospectively charged when the law changes you can't get a reprieve when it is relaxed?
Eric Derby, Villa, Wednesday and Birmingham all cheated in the last 2 financial years, not this latest one. Which means they should have all suffered points deductions ages ago for submitting fraudulent accounts is fraud) the EFL are lucky that Barnsley were not relegated as they threatened to take the EFL to court for not acting fast enough in the cases of Derby and Wednesday as a points deduction next season leaves them in in the Championship which means they are rewarded again for cheating. If Wigans appeal is upheld Barnsley are relegated...... villa have to be sanctioned by the Premier League so they have got away with it too. Relaxing FFFP Rules now means for this season just gone, not the frauds perpetrated one and two years ago Eric
Probably a bit of exaggeration from Radz there. We were forecast to have a turnover of £50-60 million for season 2019/20. It's therefore unlikely we'd have such a deficit from playing our last 5 home matches without fans.... about £13 million lost by my calculations and that's assuming everyone including Sky/sponsors/ST holders were refunded pro rata. Yes there will have been some lost income elsewhere and some extra costs for testing etc but it's far more likely his other business interests have suffered and he's getting the excuses in early.
According to David Ornstein the Leeds players will receive their deferred wage payments next month plus a small bonus to cover any interest lost. The players agreed to get £6k per week with the rest deferred for 3 months so that no staff would be laid off and all could stay on full pay throughout the lockdown
Fantastic, only rigt but Would hate to see them having to take on paper rounds to try make ends meet. Was reading through us golf results from last night and the money sports people in general are earning is bordering on disgusting. Suppose fair play to them if they can get it. Even throwing darts has its lucrative rewards
with Leeds looking at Sergio Romero from Man Utd I asked someone what wages he was on compared to David De Gea. Romero is on £60k per week and De Gea is on £350k per week. So a reserve keeper is earning £3.2m per year FFS and a dubious keeper is on £18.5m per year WTF Romero is also cheaper than Kiko
But unliked ordinary workers they get full amount plus interest. 80% is what i heard the general public were being paid. Fans said how loyal and generous the players were being saving others jobs. Turns out they get even nore cash so not hard to defer wages at all. Must have been terrible to exist on six grand a week. I on the other hand got nothing and had to get a tax return of a few hundred and blow my savings to survive. The players are not heroes they got a great deal.
I read in the weekends papers that Everton have taken out more loans (118M rings a bell), with something like 31M due to be paid back at the year end. I can only presume that loan interest counts under FFP. Still odd, talking about 'other' Prem league clubs!
Or he's including the £22 million spent on Meslier and Costa.or money lost on next year's sponsorship etc, already said the new 5year shirt deal is for much lower than first agreed.
