I'll take a punt and say that we'll have added 35m to operating expenses (player amortisation & higher wages) and the better TV deal will lift revenue up by about 25m.

So I'm saying we must be on course for revenue and open of 130m.

But this isn't my domain so hopefully someone else can make a more educated guess.

If I have it right then surely a major sale or 2 will be in the offing this summer.

PS thanks for linking to the document

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Well we know the net outlay of the summer window was 12 (cos they say so) and the net outlay of the Jan window was circa 36 if media reporting is vaguely accurate.

So let's say 48m and maybe 15m in net wage growth. I just don't know how the transfer fees would be amortised.

BTW I'm not that bothered by profit or loss. More FFP compliance and how big the pressure will be -- if at all -- to flog Wilf

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The net outlay of 12 won't be in accounting terms.

Say Benteke was signed for £28 on a four year deal. That will be a cost of £7m a year for the next four years (plus wages etc)

Bolasie's cost was probably fully amortised so the whole of his sale price can be brought into profit.

FFP will be based on profitability so the more profits shown the better off we will be in FFP terms and if we flog Wilf I doubt whether it will be in order to make more profit but it will be because of pressure from the player to go or else in the unlikely event that Sam doesn't want him any more

It's quite complicated but clubs can increase their wage cap if they generate increased revenue from commercial income, player trading and Match Day income so all profits from selling players will help

Full explanation here [Link]

Summer outlay of £50m plus January outlay of c. £30m. Assuming all have 4 year contracts would mean increasing amortisation by £20m pa (although January purchases will only have 6 months in the next year accounts).

Similarly the above purchases will probably see wages increase by c. £300k a week (at a guess) less the reduction for those let go (Jedi, Bolasie, Hangeland etc), so say net increase of £200k a week = £10.4m (again January purchases will only have 6 month impact).

Broadcasting revenue increase will depend upon where we finish. £78m in last year so finishing 16th would see an increase of c. £27m to £105m.

We would book the majority of the £40m income from last summer sales into next years account.

So we could see an accounting profit increase of up to £40m on that basis.

But it is very hard to get right

"It's almost like a moral decision. Except not really cos noone is going to find out," Jez, Peep Show

Interesting explanation, thank you. However the link about FFP that Midlands Eagle posted up said that ``clubs will be able to increase their wage spend by £7m each season from 2016/17 to 2018/19''. Surely we've gone way above that? And do wages mean just wages, or does it mean wages PLUS amortization of transfer fees? Cos if it were the latter...

(Assuming some random geezer of the internet is right, which may be an insane thing to do -- but the website does seem genuine and intelligent).

Rudi -- the accounts that were posted didn't paint a picture of a very profitable season. What am I misunderstanding (not being snarky or clever, genuinely interested but lacking the knowledge myself)?

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