| Norwich City FFP/PSR 07:46 - Nov 9 with 1116 views | LA_Tractor_Boy |
Hopefully someone with a better understanding than me can explain, but FFP/PSR rules state that Championship clubs can lose £41.5M over 3 years.
Looking at Kieran Maguire's spreadsheet on twitter, Norwich lost the following amounts after all the adjustments that I don't understand :
22/23 - £27.2M
23/24 - £14.3M
24/25 - £20.7M
As their total losses over 3 years exceeds the £41.5M limit, surely they are in deep sh*t even if they aren't relegated? |  | | |  |
| Norwich City FFP/PSR on 07:53 - Nov 9 with 1049 views | ArnieM |
They always seem to come ul smelling of roses though, dont they. I'd expect they'd blag their way out if it. |  |
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| Norwich City FFP/PSR on 08:00 - Nov 9 with 997 views | flykickingbybgunn |
Presumably that is why they were happy to take the flak over the sale of Nunez and also we can look forward to the cheap sale of Sargent in just over a month.
It is going to be a quality manager that can get a tune out of what remains. |  | | |
| Norwich City FFP/PSR on 08:03 - Nov 9 with 964 views | NthQldITFC |
| Norwich City FFP/PSR on 07:53 - Nov 9 by ArnieM |
They always seem to come ul smelling of roses though, dont they. I'd expect they'd blag their way out if it. |
Delia's frantically baking Cheesy Flaps for the bring and buy sales as we speak.
And doughnuts like Fanny's. |  |
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| Norwich City FFP/PSR on 08:09 - Nov 9 with 923 views | gtsb1966 |
Even if they get away with it they are going to struggle. They have spent millions on sub standard foreign players who they wont be able to shift for a profit. Sargent is now their profitable sale and he'll be gone in January or the end of the season at the latest. Their owner recently said there would be money in January but that window is like shopping at Harrods as we know. They wont go down imho but they're going to be in the championship for a while. They could appoint Pep as manager and they would still struggle. |  | | |
| Norwich City FFP/PSR on 08:13 - Nov 9 with 888 views | SuffolkPunchFC |
These are not the adjusted PSR losses, but the full account losses. I’m not sure if Norwich have ever reported their PSR position - as a club, we’re quite unusual including a PSR statement with the financial accounts. | | | |
| Norwich City FFP/PSR on 08:15 - Nov 9 with 873 views | FrimleyBlue |
apparently, in their last accounts they only paid £1 mill of the £8 mill interest payment due to the owner. that 11% interest on a £75 mill loan is hefty
£45 to £40 mill wage bill, that's still crazy high |  |
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| Norwich City FFP/PSR on 08:17 - Nov 9 with 860 views | tractordownsouth |
Some of that will presumably include FFP-exempt costs eg. academy, women's team, other infrastructure. For example, in our League One season we lost £18m but only £12m of that went on the FFP balance sheet. |  |
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| Norwich City FFP/PSR on 10:08 - Nov 9 with 399 views | Blue_Heath |
| Norwich City FFP/PSR on 08:09 - Nov 9 by gtsb1966 |
Even if they get away with it they are going to struggle. They have spent millions on sub standard foreign players who they wont be able to shift for a profit. Sargent is now their profitable sale and he'll be gone in January or the end of the season at the latest. Their owner recently said there would be money in January but that window is like shopping at Harrods as we know. They wont go down imho but they're going to be in the championship for a while. They could appoint Pep as manager and they would still struggle. |
Think I'd rather take Kvistgarden he seems to know where the net is.
Sargeant I know has great goal pedigree but I thought he was awful when we played them. | | | |
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