#avfc just as food for thought as how important it was to move Ings on. In terms of amortisation he was with fees etc around £25m + 10% = 27.5m over 3 years so 9.1m a year plus 6.2m wages = 15.3m per year.
#avfc last year’s turnover was 182m + declared 36m in lost revenue in accounts = 228m. Therefore FFP will be that 70% of that can be spent on wages and amortisation. So approx £160m…..
#avfc that means that one player, Danny Ings was around 10% of our entire FFP budget!!! And wasn’t playing and didn’t feature in our plans.
#avfc moving him on for a fee was almost essential to free up FFP budget for anything we want to do this summer.
#avfc the idea of net spend is such a terrible metric and almost meaningless in this context. It only looks at one side of the equation and is largely irrelevant.
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