From what I read it isn't a given, it's speculation as the club hasn't released the accounts yet. Not saying it couldn't be an issue, just that it's not certain at the moment.

Having said which there's obviously something rotten about our finances as we've had two windows where we couldn't afford to buy players.

I would also add in Whelan to the potentially culpable people for this mess.

Just adds a little bit more spice to our visit to the Stadium of Light.

I think the story has a lot of momentum Nuneaton - it doesn’t look like a speculative piece. Two clubs have raised the issue of Leicesters finances allegedly and I think the failure to meet the £105m losses is probably a given. What it likely depends on now is how the PL would react if Leicester got promoted because that does present a potential loophole

But on this one I feel like there’s no smoke without fire when it comes to FFP. Everton and Forest news broke in much the same way to begin with

I’d add we are probably not the only club to face that scenario. Likely to be Leeds as well if they go up. But then again they were as badly run as we’ve been

Strangely enough I wasn't that concerned about whether Leeds face FFP punishment next year, although I suppose a points deduction for them would level the playing field a bit if we did face sanctions (having both been promoted of course, which is a scenario which may not happen).

There's not a lot we can do about it other than try and get out of the Championship, I suspect the financial stringency which has been displayed in the last couple of years is an attempt at least to stay within the rules.

On the longer term it just potentially highlights just how badly the football side of things have been run, and that is not likely to change anytime soon as the incumbent is likely to remain in place. Even if he were moved sideways would you have much belief that the present management would make an appropriate choice to replace him?

Absolutely right Nuneaton. I’m convinced that the only way this club will get back to being a sustainably run Premier League club is through new ownership.

People will say ‘be careful what you wish for’ and I understand that, but I’m seeing nothing that convinced me that Top and Rudkin have the expertise needed to navigate the club back to full health

What we need in the short term as you say is to get out of this division, avoid a points deduction and to survive. Only then can we start to think about foundations for long term success.

The problem we have is that Rudkin is convinced that we’re going to pass our way through this division and back into Europe with Maresca next season.

I think our finances are immensely controlled and our owners are perfect. What’s the problem?

Alas I joke. We clearly over stretched ourselves under Rodgers and the club and its full leadership structure is responsible for that. We gambled on staying in Europe and that gamble failed.

The lesson, never gamble. Grow sustainably like we had done in all the seasons prior to that successfully.

We’re now trying to recover and we can’t. We’re trying to flush through expensive flops that we over spent on and paid high wages to.

For me, the DoF needs to take the majority of the blame for this failed approach. He is responsible for the player investment strategy and he got it badly wrong. Rudkin has never received my praise despite my support of the owners.

Our owners would spend if they could, but we’ve goosed ourselves on FFP due to chasing the dream of Europe every year. That never works for a club of our size. Is Too to blame for being naive there, yes. There you go, I said it.

I still would like to see our owners remain but feel quite happy for Rudkin to be replaced and someone to come in and restricts the finances of the playing side of the club.

New ownership entirely? I’d entertain this if I felt that someone new could come in with the best interests of the club at heart alongside a business and profit vision. I’m very nervous that we’re more likely to end up with a bad owner than good. Better the devil you know and all that. But who knows. None of us really.

Welcome to the Dark Side Mersey!

Admin - I think someone has hacked Merseys account, can you please investigate?? This can’t be him

😂😂😂😂