The big question is how many people they will accept for the training. The EPTA letter says something along the lines of:
"...out of those successfully completing the course, four will be picked as pilots for Flyjet..."
So, can we assume that after going through the initial selection and then parting with £22k for the TR you still aren't guaranteed a job.
Supposing they select 25 guys and gals for the type rating? This all turns into a nice little earner for EPTA/ATD... just my thoughts, of course!