Well it is always the case that if a club loses money, the owner likely needs a plan to cover it (not that they always have one). Of course, asking for that plan after three years of spending is a little late because the money is gone and, quite likely, there are contractual commitments that will keep the losses going. If FFP was even useful by it’s own corrupt terms, it would be fundamentally forward-looking and you would try to prevent clubs from buying the horse, not asking how they plan on meeting the loan payments after it’s bolted.
One assume the NFFC ownership is aware of all the rules and if the losses fall into that region, the assurances will be forthcoming and compliant. But yes, the allowance only exists to the extent that Marinakis is able to cover it.
We don’t know what his plan is for the club. He has spent a lot already. He could probably, now, sell the club and get it all back. The price of pushing on is high, and significant even by Marinakis standards. He’s a shipping magnate, not a petro-state. Does he want to spend aggressively to try and increase his exit value? Does he want to own a sustainable PL club? Is he willing to risk a material portion of his net worth to chase dreams?
