12-27-2023, 08:23 PM
(12-27-2023, 08:16 PM)Topman Wrote: Sorry this all goes over head a bit. Is there any further developments at the moment, captain please? Anyone?
It means the club needs to prepare accounts (actual date up to say 30th November) and forecasted date to 30 june 2024. The accounts are to comprise the profit & loss accounts, balance sheets and cash flow forecasts.
The club also needs to prepare forecasted accounts to 30 June 2025. Again profit & loss account, balance sheet and cash flow forecasts
The EFL will then review the data and look at some scenarios if for example projected revenue from player sales doesn’t happen, if we can’t loan out players, if clubs don’t take up options on players currently out on loan, etc.