Our owners are suing the Italian helicopter company that manufactured the aircraft that the late Chairman died in for £2.15 billion - the largest Fatal Accident claim in English Legal History ...
No details of whether this is just the family or partly the football club in terms of the legal action - but one of the elements within the claim is 'loss of earnings' ...
Now the conspiracist in me is raising an eyebrow - if any 'loss of earnings' is deemed to be for the football club and the claim is successful ... it is likely that the sums received would get apportioned across each accounting period from the date of the accident until the date of settlement... and whilst compensation of that size would normally be categorised as '
exceptional income' in each accounting period - the fact that it would represent 'loss of earnings' could potentially bring it within 'exceptional
operating income' ... and therefore within FFP/PSR offsetable income...