Just thinking, how are clubs getting away with flouting it? Piggy Wednesday and United, Wigan, Reading, Derby... Is it all just BS this FFP? I mean Barnsley could easily cheat, spend over their means and do what Luton have done with no punishment? Just a thought like
Nah mate they'd make an example of us as a warning to other small clubs of limited means not to try and break into the big boys club....
How about we only overspend by say, £50m, as that's one of the precedents? I just imagine what could've been if we'd thrown silly money at our squad in January 2017, or broke the bank for a proven striker this season.
Then you have Stoke with the owners "writing off" a £120m debt, QPR with 25m, Bristol City 29m, Sheffield United 18.25m, Wednesday with 50m. Just makes me laugh when these so called big clubs call us tinpot when we're operating in profit and they're basically penniless. When it comes to selling our star players we should be holding all the cards
Plenty of clubs are getting away with it though, through barely disguised money laundering tactics- self-sponsorship, buying rights, buying their grounds off themselves , using offshore companies in places that don’t require published accounts. The game is corrupted beyond repair by money. Abramovich was the classic example- steal a state run Russian oil company from the country with the tacit support of the leaders through bribes and sports wash their money through a football club. He was deemed fit and proper and everyone looked the other way until finally it took a Russian invasion of another country by his mates to bring him down.
The English Football League Championship and League One, have different financial regulations that clubs must adhere to. The Championship employs Financial Fair Play (FFP) rules, while League One uses Salary Cost Management Protocol (SCMP). The Championship's FFP rules restrict clubs from making a loss of more than £39 million over three years. The primary intention here is to discourage clubs from spending beyond their means, leading to financial instability. This system looks at overall profit and loss, not individual income streams, so money can be injected into the club from any source, including owners, sponsorships, or ticket sales. However, it must all add up to within the permitted loss limit over the three-year period. On the other hand, the League One SCMP regulations stipulate that clubs can only spend up to 60% (more after initial relegation) of their turnover on player wages. It's a stricter control on spending and focuses on wages specifically, instead of overall loss. Therefore, injecting money directly into a League One club will not necessarily allow for greater expenditure on players. The extra funds would need to increase the club's turnover, and in turn, the amount that can be spent on wages.
