Skip to main content

"If you want some accessible but informative insight into football then I suggest you couldn't do better than the Political Economy of Football website, which is not only intelligible but comes with the added bonus of being written by Addicks fan Wyn Grant."
Ben Hayes - Charlton Athletic programme

Financial Fair Play (FFP)

Share/Save

Big shirt sponsorship deal for Chelsea

Chelsea have secured the second biggest shirt sponsorship deal in English football history.   They have agreed a contract worth £40m a year with the Yokohama Rubber Company to start next season.  The club regards it as another important step towards being self-financing and compliant with financial fair play rules.

The strange tale of the club on top of a car park

As far as I know, only one European club has its stadium built on top of a car park: Monaco's Stade Louise. Of course, space is at a premium in the densely populated principality with its very rich inhabitants.   The principality's royal family is an endless source of fascination for celebrity magazines.   If it was a Hollwyood film, you would think it was pure fiction.  

Manchester City parent company investigated

The complex structure of Manchester City's parent company in Abu Dhabi, the City Football Group (CFG), is being investigated by Uefa.   In the context of financial fair play (FFP) rules, Uefa is interested in how losses are divided up between the parent company and its subsidiaries.

Three clubs get transfer embargoes

Three Championship clubs have been placed under transfer embargoes until June under the Football League's financial fair play rules: Blackburn Rovers, Leeds United and Nottingham Forest.  They will then have the opportunity to have the embargoes lifted if they can show that they have stayed within the rules.

QPR ready to take Football League to court

The Football League is now examining the accounts submitted by Championship clubs to see if they exceeded the allowable loss limit of £8m (some expenditure is excluded such as youth development).   The League is expected to announce its findings in the next few weeks to ensure that any appeals can be held before the transfer window opens on January 1st.

'Financial sustainability' at Manchester City

Manchester City have claimed that they have achieved 'financial sustainability' after reporting much reduced losses of £23m for 2013-14.   That figure includes the £16m financial fair play penalty deducted from Champions League payments due to the club.   If it had not been this deduction, the club would have been close to break even.   They expect to break even next year.   In 2011-12 and 2012-13 they made losses of £148.5m.

Spanish court strikes blow at financial fair play

We have argued for some time that financial fair play (FFP) rules at the European and domestic level are open to legal challenge.   In an order of November 17th the Spanish Commercial Court has struck a blow at the rules of La Liga on FFP.

La Liga had penalised Getafe by preventing them from playing Pedro León.   They argued that by doing so it would have exceeded the total amount of money it could pay to players under the Spanish FFP rules. The Court was asked for an interim measure to allow him to play.

Could Championship sides be 'priced out of promotion'?

Ipswich Town boss Mick McCarthy has complained that teams like his could be 'priced out of promotion' by the recent dilution of the Football League's Financial Fair Play (FFP) rules.   The current Ipswich squad was assembled at a total cost of £10,000 in transfer fees.

Football League dilutes financial fair play regulations

The Football League has substantially diluted its financial fair play regulations.  According to some estimates, clubs will now be able to make losses of £15m-£17m a year, compared with a previously agreed figure of £5m, plus £3m in the form of equity.

How firm are the foundations of Bournemouth's success?

Bournemouth are enjoying unprecedented success.  They are in the quarter finals of the league cup for the first time and two points off the top of the Championship.

But how firm are the financial foundations of their success?   The club is owned by Russian Maxim Victorovich Demin.  He has a petrochemical company registered in Germany and a mansion in nearby Sandbanks.

He bought  halft he club for a reported £850,000 in 2011 and the other half in 2013.   The club almost went out of existence in 2008 with debts of about £4m and a 17-point penalty.