I thought we had to reveal how much we lost in 2013 in December. Has the announcement been made and I've missed it?
We've submitted our accounts for 2013/14 and I believe we should hear in the next couple of months what the FA think we should pay. But I'm sure they are probably trying to work out what they think they can get away with as they know we aren't going to pay the full amount. The premier league have already said the FL FFP is a joke and they won't support it, plus they have already changed FFP which means legally we have the right to challenge the old FFP and asked to be punished by the new FFP rules which are far less severe.
The amount we've paid SWP would probably just about cover any fine we get. By the end of his contract he'd have made 17.5 million from us, not bad for essentially just polishing the bench with your arse.
We are probably locked into some kind of bargaining with the Football League (don't think it has anything to do with the FA) including indemnity over potential future fines, because financially we are screwed for years.
Financially we'll be fine if we stay up this season, if not we'll likely have a transfer embargo and be stuck with what we've got, I just hope this time we've written in relegation clauses.
