Financial Fair Play - Page 3

Everton

/ 824 days ago

Everton transfer window hindered by financial fair play concerns

Everton's lack of summer transfer activity was reportedly due to Financial Fair Play (FFP) issues. After years of unchecked spending under Farhad Moshiri, the Merseyside club are now paying the price. According to a report by Mail Sport, the Merseyside club allegedly breached the financial rules last season. An independent commission will supposedly review the […]

Chelsea

/ 852 days ago

Todd Boehly looking to raise $500m to help Chelsea recover

Chelsea owners are reportedly open to receiving investment from outside parties in an effort to recover financially from their spending binge. After UK sanctions against Roman Abramovich were lifted last year, Chelsea were sold to Clearlake Capital for $3.2 billion. When new chairman Todd Boehly arrived, he wasted no time establishing his brand on the […]

Barcelona

/ 890 days ago

Barcelona to benefit from tweaks in LaLiga FFP rules

Barcelona is set to be handed a transfer boost thanks to LaLiga changing FFP rules. The Spanish top flight has tweaked its Financial Fair Play laws to allow clubs to spend more money. These alterations are effective immediately and may help clubs like Barca sign targets without fears of a financial backlash. According to a […]

Financial Fair Play

/ 891 days ago

Man United transfer war chest limited by FFP, says report

Manchester United will reportedly have to be careful with their spending this summer to stay in line with FFP measures. According to ESPN, the Red Devils are set to purchase new players, but overall spending will be limited. The club needs multiple reinforcements after qualifying for the Champions League last season. United's 2023 first-quarter financial […]

Everton

/ 917 days ago

Verdict on Everton FFP violations may take 4 years to complete

Everton may not know the verdict of its alleged breach of Financial Fair Play, or FFP, rules for another four years. News initially surfaced of the charges back in March. However, while fellow Premier League clubs had hoped for a quick resolution to the issue, it seems as if everyone will have to remain patient. […]

Everton

/ 932 days ago

Everton face being sued for $375m if it avoids relegation

The Everton financial situation could be greatly affected whether it is relegated from the Premier League or not as there is a chance it is being sued for hefty sums. Reports out of England claim clubs surrounding the Toffees in the table would sue the Merseyside team should it avoid relegation. Everton picked up charges […]

Everton

/ 963 days ago

Everton’s rivals pushing for club to get points deduction

Everton’s relegation rivals are pushing the Premier League to take action against the Merseyside club, according to a report by The Athletic. Earlier last month, the Premier League reported the Toffees to an Independent Commission for allegedly breaching Financial Play Rules. The Premier League’s rules permit losses up to £105million over a three-year cycle; however, […]

Chelsea

/ 970 days ago

Chelsea accumulate $1billion+ loss but claim FFP compliance

Chelsea recently became the first club to accumulate losses of over $1 billion. Many financial experts think Chelsea's sudden loss of revenue was because of British government sanctions put on previous owner Roman Abramovich, which hurt ticket sales, contract negotiations, and more. Chelsea post huge loss The operating loss, valued at $292 million, puts them […]

Financial Fair Play

/ 975 days ago

Reading deducted 6 points in Championship due to FFP breach

The English Football League docked Championship side Reading six points after an FFP breach. The governing body issued the penalty after the club failed to obey certain budgetary restrictions. Reading faced warnings about the financial issue regarding EFL's profitability and sustainability rules. The Royals have been in trouble with the EFL for a few years […]

UEFA to help Juventus in investigation if they quit Super League

European soccer's governing body is reportedly ready to extend an olive branch to Juventus. The Italian giants saw 15 Serie A points docked this season as a result of financial irregularities. Their entire board resigned while the investigation took place. Along with the points deduction, UEFA are also considering banning the Bianconeri from European competitions […]

Everton

/ 978 days ago

Everton could go out of existence if relegated

Everton's financial troubles seem to be getting worse by the day. An auditor's report produced in March stated that the Merseyside club was facing possible sanctions for breaching Financial Fair Play rules. Then on Friday news surfaced that the Toffees could even receive a Premier League points deduction. Now, auditors claim that relegation would threaten […]

Everton

/ 979 days ago

Everton may face points deduction for FFP breach

Everton could be facing a points deduction for breaking Premier League's financial rules. Current laws in place state that English top flight teams can't post losses exceeding $128 million over a three-year period. Everton, however, have recorded a $421 million deficit during this timeframe. This is more than three times the loss limit. The Premier […]

Everton

/ 986 days ago

Everton facing alleged breach of Financial Fair Play rules

Everton is under the microscope of an independent commission regarding a violation of the Premier League's financial fair play rules. The Premier League claims that the breach in financial rules occurred during the 2021/22 campaign. Those rules state clubs are allowed to lose a maximum of $128 million over a three-year span. These Profitability and […]

Financial Fair Play

/ 1032 days ago

Man City allegedly broke financial rules more than 100 times

The Premier League has charged Manchester City with breaking the financial rules set in place more than 100 times. The five-year investigation reviewed breaches that occurred over a time span from 2009/10 to 2017/18. According to the Premier League, Manchester City broke the rules in the sense that the club failed to provide the league […]

Chelsea

/ 1045 days ago

UEFA to close FFP loophole due to Chelsea long-term deals

UEFA looks set to make changes to their Financial Fair Play rules. The governing body of the sport in Europe has allowed teams to spread out transfer fees on players over the duration of their full contract with their new club. However, new tweaks to the rule will reportedly limit this duration to five years. […]