by Nameless »
14 Jan 2021 13:50
Sutekh Nameless From Despair To Where? Whats crazy is that 5 years ago, they had one of the lowest wage bills as a percentage of revenue in the Championship.
Where has all the dodgy money from the sale of the ground gone ?
It’s not as if Rooney is sucking huge sums out of the club, his wages are paid by Red7 aren’t they ?
If Red7 are paying his wages, wouldn’t that mean any club could get a business (or any third party come to that) to “sponsor” a player to the tune of some or all of that player’s contracted wage? Is that a way round FFP?
It’s not a way ‘round’ FFP. Surely it’s just BAU. Clubs look to get income from a variety of sources and that income offsets expenditure to work out if you are FFP compliant. You sponsor the shirts, buy naming rights to the ground, buy a pitchside billboard, sponsor a player.....
where it might be an issue would be if the ‘sponsor’ actually directly paid the wages and the player was employed by them but allowed to play for the club. I think that is illegal (third party ownership ?). If the sponsor gives the club £1 million a season and the player earns £1 million a season there is no problem.
