2022-23 Accounts now published

[tforturton]

£11m loss, down from £29m the previous year.

If I'm reading this right, we lost £29m in 21-22, and then £11m in 22-23. So in two years, we lost £40m.
Doesn't that breach the League's FFP limits? Isn't the limit £39m over three years?
Does that mean we have to make £1m profit next year? Anyone know?

[JumpersforGoalposts]

If I'm reading this right, we lost £29m in 21-22, and then £11m in 22-23. So in two years, we lost £40m.
Doesn't that breach the League's FFP limits? Isn't the limit £39m over three years?
Does that mean we have to make £1m profit next year? Anyone know?

£40million loss before any "permitted development" spending, e.g. investment in academy and training infrastructure.
The limit is £39million over a 3 year period excluding "permitted development" spending, but in essence you are correct that the 2024 forecast included in the current FFP submission probably needs to be around break even.