Heard a lot recently about clubs not sticking to financial fair play. So looked into the rules a bit. The new rules mean championship clubs are only permitted to lose £39m over a 3 year period. If a club goes up to the premiership they can lose £35m a year! So we are competing against clubs willing to lose £13m a year, or more, in the hope of getting to the premiership, without any penalty from the league....!! Whole thing is ********. Nothing fair about it. The more the game has it's soul and heart ripped out the more I love and support our club and those in charge. Doubt anyone's bothered, but thought for those wondering it may be interesting what the rule is.
If league tables were based on a points per pound spent ratio, we'd be p!ssing t'Championship! (I found it interesting, by the way)
Enlighten me and please tell how much the other two leagues are allowed . Would love to know how much the blunts can through at it.
Totally different. In league 1 and 2 it is a percentage of turnover you can spend on wages (salary cost management protocol). In league 1 you can spend 60% of turnover on wages.
I'm always bothered by this. How the authorities can be happy with the situation is beyond me. It ruins the whole competition.
How the fck can any club in the Premier League justify losing £35 million a year with the Sky money coming in? Absolutely mind-boggling!
They're happy because more money being spent means better players who raise the standard of the league. This then makes their 'product' worth more to sell in tv rights. Sent from my iPhone using Tapatalk
What makes it even worse, is if a club goes over the overspending limits, but go up to the Premier League, then no action can be taken against them. In recent times Leicester, Bournemouth and QPR have all broken the limits and gone up. Maybe the League should put in place a rule that prohibits promotion if the limits are broken... Sent from my iPhone using Tapatalk
They lost £10m in 2014-15, £25m in 2015-16 but reckon they will only lose £4m this season. I'll remain sceptical.
The Football League started talking about that but the Premier League soon started blackmailling them with the withdrawal of "Solidarity Payments".
It is a joke, yes. It would almost be better not to have it rather than the FA maintaining some illusion of 'fairness'. And that's before the fact that if you disregard and gamble your way to the premiership, the fine for breaking FFP is a fraction of the financial rewards of promotion to the Premier. See, for example, Bournemouth, fined a whopping 7.6 million of their gigantic promotion kitty: http://www.skysports.com/football/n...-6m-after-breaching-financial-fair-play-rules
Am I right in thinking that they don't even have to pay that until they are relegated back to the football League? There was some noises being made about QPR being kicked out of the league because they refused to pay their FFP fine after they were relegated a few years ago. Again though, the toothless F.A. did sweet F.A. about it..
I'm not sure that's true though. Are we thinking that capping the amount being spent would mean that all decent players went abroad? I can't see it. I'd say a competitive league with close battles being decided on merit rather than chequebook makes their product worth more.
Can I ask is that £39 million in the third year or is it divisible by three and they get wacked every year. Sure bbc reported that Brighton were £29 million in debt for last year(one year!)