WW2? NCFC amongst the few doing ok on Financial Fair Play rules

For those that missed it, this morning's Today programme (User Posted Link had some bloke* on it talking about clubs losing money on transfer fees (?1.2bn!) but he also added that only 4 Premier League clubs last year met all of the FFP rules:

Arsenal, Swansea, Norwich and one other that he forgot.

Given that Swansea and us were in the bottom 3 on the salary charts too, it does beg the question of how these rules will ever be enforced properly without massive upheaval of the status quo. Call me a cynic, but...

*Stephen Clapham of 'Behind the Balance Sheet'. If anyone has a spare ?750 then the report is here: User Posted Link

Posted By: CWC, Feb 25, 12:16:49