As has been discussed on here, it will be interesting to see on what issues we have fallen foul of FFP rules. We have always been told by our CEO since we were relegated that we were working within a budget to keep us below the requirements. We haven't massively over spent on transfers over the 2 seasons (apart from McCormack). The only thing I can think of is payments to sacked managers and falling gates may have had an effect.
Most of the accountants in football seem to come from corporate finance (e.g. the people who arrange mergers & acquisitions) rather than from compliance. I think this is reflected in the spiralling costs and the fact that a major business like Fulham can even be close to failing FFP. As I said before, if we fail FFP then Ali Mac should be fired. Absolutely unacceptable.
