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Financial Results

Every year we depreciate the stadium, so the final figure will look like a loss (on paper).

We could not depreciate the stadium and pay a fat chunk of corporation tax instead if not doing so put us in profit.
So it'll probably be a good few years before we have a CT bill

Plus this part of the loss is not counted towards FFP so we are not close to falling foul of that.

Excellent news, as long as Levy is around I don't think we need to fear breaching FFP.
 
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