Takeover

[Pragmatist]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp.

Whether you want a separate company owning the training facilities is another matter....

Put FFP to one side, the fact is that in simple cash flow terms we’d be paying out rent to a third party for something that we already currently own, which increases our annual outgoings.  A bit like selling your mortgage-free house and having to pay out rent instead.

Nothing wrong with a Sake & Leaseback. Just ask Woolwirths or MFI 

There is for a football club with their stadiums!  Less so for other facilities obviously