FFP rules mean that - because we don't sell 100,000 shirts a year in South Korea - that our revenues are much lower than the team around us.
PSR makes no consideration of capital. It's based around comparing revenue to expenditure. And investments/sponsorships from parent companies aren't income.
sounds like the commercial director and mens team need to do better if equity injections dont allow greater spending? it seems like nufc is open to a shareholder loan since the rules changed
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PSR makes no consideration of capital. It's based around comparing revenue to expenditure. And investments/sponsorships from parent companies aren't income.