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Radrizzani Comments On Whether Leeds Will Use FFP Loophole After Derby Broadside

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Leeds United owner and Chairman Andrea Radrizzani took full advantage the other day to send a broadside back at Derby County with Spygate grudges well ingrained and the dig concerned their use of a Financial Fair Play loophole to avoid sanctions.

Derby have sold Pride Park to their owners, and he is now leasing the ground back to them, but for financial purposes that wipes out a significant chunk of their growing debt and I believe it put them into profit when it came to the final year of the FFP calculation that was undertaken last March.

It’s believed that Aston Villa and Sheffield Wednesday are potentially preparing to do this themselves, but Radrizzani feels it’s not ‘ethically correct’ and he’s ruled out that we would also take advantage of the loophole.

There were a few topics covered, including Marcelo Bielsa’s future but I’ll limit this to his words on the Stadium deal.

“I think to whether a shortcut to go around the financial fair play regulation is not ethically correct. It might be correct and allowed by the rules according to what had been reported by the chairmen of the league but at the same time it’s not ethically correct. Because I was fined for sending in February a scout, a coach to watch a training session at Derby County. I think this is also not ethically correct as well or even more. So I let the people judge. The fact was we paid the fine because it wasn’t ethically correct according to the FA and EFL.”

Radrizzani went on to deny it was a response to Spygate or our recent Play-Off defeat to them, and stated that in his mind it wasn’t a fair playing field because not all clubs could take advantage of the loophole and that in itself created an unfair advantage.

“They all need to be clear in what they’re allowed to do. Not every team is able to sell the stadium to a sister company or the sponsors on the shirt to a sister company. If this is possible fine, but then we need to know some teams are penalised by the fact that they cannot do the same activity. We cannot sell the stadium to another sister company, even if we could, I wouldn’t do it because of ethics.”

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