Dan Kennett may be quite clever in manipulating statistics and then presenting his findings as facts. If you have studied Marketing Research then you would understand that such actions are fatally flawed.
As far as I am aware, Mr Kennet is not a chartered accountant and has no experience in the presentation of corporate financial information. Therefore this statement that LFC only have a £10 million flex under FFP is just laughable. In fact such statements are only designed to create worry in the minds of the average supporter.
Now, I am not a chartered accountant so I will hazard the guess that if Liverpool wanted to spend in excess of £10 million, they would have absolutely no problems in doing so and either revamping their accounts or taking any aprobation (unlikely) that UEFA may wish to make.
As far as I am aware, Mr Kennet is not a chartered accountant and has no experience in the presentation of corporate financial information. Therefore this statement that LFC only have a £10 million flex under FFP is just laughable. In fact such statements are only designed to create worry in the minds of the average supporter.
Now, I am not a chartered accountant so I will hazard the guess that if Liverpool wanted to spend in excess of £10 million, they would have absolutely no problems in doing so and either revamping their accounts or taking any aprobation (unlikely) that UEFA may wish to make.
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