Any idea Indeedido in monetary value how much,approximately?
Just taking the figures from the Published Accounts across the 3 seasons to June 2022.
Covid affects the calculation.
2022 + (2021+2020)/2 +2019
Profit Before Tax -£50.6m
Revaluation of Fixed Assets (unrealised) £2.7m
Depreciation of Fixed Assets £9.1m
Covid Allowance £7.5m
An estimate of Community Spend 3 years £3m
An estimate of Academy Spend 3 years £15m for a Cat A
Profit & Sustainability estimate therefore -£13.3m
FFP 3 year allowance pre investment -£15m.
Balance without investment +£1.7m
Bear in mind Group Undertakings have massively increased to cover real losses in any case.
Gibson has us FFP sweet.
I won't estimate our 2023 turnover, wage bill or other costs, but can't help but think they are all improved v 2022. Then there is the £20m plus injection of profit from sales of players above book value.
I am confident that Gibson could choose to invest in the squad for promotion from an FFP perspective. It is up to him.