I understand that and it's good news, but Roland used that as evidence to suggest the numbers in this summers budget were incorrect. He was wrong then
It created a share premium reserve and has no impact on the FFP whatsoever. It is just a mechanism for them to inject actual cash through what is called double entry.
He claimed it proved Staveley was lieing along with Howe and the journalists regarding the budget for the transfer window
@Rumsfield if it’s this quote then he is right. It was to get wedge in. It does not however have any link to the amount we spent. A pure and simple cash injection.
Excellent thanks ill now finish Roland off completely with some screenshots he made claiming the PIF had walked away
Roland is similar to me. Or should I say I was similar. I was pessimistic. But I have now seen the light. And I am also in a good place which means I trust them. 80m is what I believe they may spend and if they do then massive respect as they are on track with what they promised which was indeed 250m!
] WTF?! Chaos repeatedly posts these things about the amount being injected into the club as if it’s fixed. I pointed out that they injected another £40m to get a player bought. It’s hardly a quantum leap to suggest they could “inject” far more than the amount stated and covered in the press. They will say what they need to and do what they need to, I’m just done in with the constant screenshots of the same old articles which prove nothing. The only proof is the spend on 1st September.
They can and they will inject more and by the same methods. But it won’t be to buy players over and above FFP limitations which they have acknowledged as being in the region of 250m including infrastructure. Your not wrong in the sense of the method. But moving forward they have to be within FFP and that’s why it’s only going to be 250m in the short term max. All signings will need cash injected because Ashley left us with nil nada nothing.
