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FFP or whatever it is called today.

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  • cross it Dave
    Silver Seat
    • Sep 2009
    • 3790

    #1

    FFP or whatever it is called today.

    FellowR’s please indulge me, would the following be legal, I may be going bonkers, but….

    As an example, If some mad rich tycoon wanted to invest £40 million in our beloved club, would it be legal and above board to designate 4 seats in W12 at £10 million each as season tickets, this rich mad tycoon buys them and we get the proceeds, then at some convenient juncture he becomes legally involved with club at board level.

    Please feel free to pull this to ribbons….but in a nice way, after all it is Sunday.




    I have supported Rangers for 55 seasons, since March 1969.
  • davieqpr
    Silver Seat
    • Mar 2011
    • 2803

    #2
    Basic answer ,no. The EFL have closed the loophole of overvaluing assets after the Pride Park fiasco.
    But that doesn't stop the buzz this morning.

    Comment

    • SheepRanger
      Administrator
      • Apr 2018
      • 8341

      #3
      I think that was the basis of the Man City investigation - an OTT sponsorship by Eithad Airways. Even their shareholders protested that it wasnt value for money for the company.

      Comment

      • cross it Dave
        Silver Seat
        • Sep 2009
        • 3790

        #4
        Originally posted by davieqpr
        Basic answer ,no. The EFL have closed the loophole of overvaluing assets after the Pride Park fiasco.
        But that doesn't stop the buzz this morning.
        it certainly doesn’t, but thanks for the answer.
        I have supported Rangers for 55 seasons, since March 1969.

        Comment

        • Isleworth116
          Bronze Seat
          • Jul 2020
          • 679

          #5
          Newcastle did it



          Comment

          • davieqpr
            Silver Seat
            • Mar 2011
            • 2803

            #6
            Premiership where they don't care where the money comes from.

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