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

Forest in breach of FFP rules

Nottingham Forest look likely to be hit with sanctions under the Football League's Financial Fair Play rules.  They may have exceeded their maximum permitted losses of £8m for the 2013-14 season.

Accounts for the period have yet to be published, but they reported a £14m loss in 2012-13.  Billy Davies, their former manager, spent £7m on players last term.

Uefa urged not to penalise wealthy benefactors

Uefa have been urged by Manchester City not to penalise wealthy benefactors under their financial fair play (FFP) rules.   The meeting with Uefa president Michel Platini was also attended by Paris Saint Germain who, along with City, have received the heaviest penalties so far under the FFP rules.

Dupont ups financial fair play challenge

Jean Louis-Dupont was the Belgian lawyer who won the Bosman case which transformed football.  More recently, he has been taking on Uefa's financial fair play (FFP) rules.

The argument he is putting forward, which we think has some credence, is that by limiting investment FFP is violating European competition law and that the exemptions Uefa may call upon do not apply.  A range of plaintiffs have joined the action including football agents and the Manchester City supporters club.

Uefa may target United and Real debt

Uefa is considering changes in its financial fair play regulations which would target the amount of debt accumulated by clubs.   This would hit Manchester United and Real Madrid in particular.

Chelsea could play at Twickers

Chelsea have held preliminary conversations with the Rugby Football Union about playing for a season at Twickenham while Stamford Bridge is redeveloped.   If nothing else, it would be convenient for Chelsea players who favour living in Cobham.

Chelsea have long wanted to increase capacity at Stamford Bridge from 41,800 to 60,000 to rival the gate revenues of Arsenal and Manchester United, as well as providing more corporate facilities.   This would make it easier for them to comply with financial fair play regulations.

Liverpool may face FFP sanctions

Liverpool may pay a penalty for their return to the Champions League in the form of financial fair play sanctions.   They are expecting £7m in prize money next month, but the payment would be withheld if they are referred to Uefa's Club Financial Control Body.  

Harry gives it large

No surprise there, but this time Harry Redknapp is unhappy about financial fair play rules as they affect Queens Park Rangers.

He argued: 'To make it fair play we should be able to spend as much as Manchester United spent.  That would be fair?  Fair play would be everybody having £30 million or whatever to spend on the team.  You have seven teams at the top on another planet.'

Where should FFP fine money go?

It has been argued that as many as half of the clubs in the Championship could fall foul of the new financial fair play regulations, although figure is on the high side given the legitimate deductions that can be made from losses such as for youth development.

Clubs like Charlton are lobbying for a share of any fines imposed.   Their chief executive Katrien Meire estimates that they could receive £2m from a share of any fine on QPR.

QPR fine threat

QPR face future exclusion from the Football League if they do not pay a financial fair play fine which could be as much as £40m.   They would then have to play in the Football Conference.

QPR chairman Tony Fernandes has vowed to fight any fine, which does seem disproportionate.  He may have grounds for doing so as there are question marks about the compatbility of the rules with competition law.

Are Hull City now bigger than Juventus?

Hull is a city I enjoy visiting, but it hardly matches Turin.  Juventus have won the Italian title thirty times and have been European champions twice.   Not so long ago Hull were languishing in the fourth division.  Yet in the summer transfer window Hull, determined to stay in the Premier League, spent more than Juventus.