Quote Originally Posted by Enoch Mort View Post
I understand from Keith that he has prepared an analysis but is awaiting confirmation from the club that the embargo that he abides by annually can now be put aside.
Keith will be able to clarify things, but I'm surprised and a bit concerned that we lost so much during a season where our spending appeared to be pretty modest, we had a parachute payment to fall back on and our wage bill dropped.

Given the size of the loss, the perception that we have "pushed the boat out" more this season and the dreadful attendances for a team that are automatic promotion contenders so late in the season, you would have thought that we are on for a bigger loss in 17/18 than in 16/17 and, if that is the case, then it would take us over the cumulative £38 million loss figure for three years which constitute a breach of FFP regulations. To avoid having breached the regulations in those circumstances, we would have had to have made a decent profit in 15/16 - I've not got the figures to hand at the moment, but I'm fairly sure that was not the case.