ALL POSTS TAGGED "FFP - Page 2"

News
/ 619 days agoFight fire with fire: Forest appeal against points deduction
As expected, Nottingham Forest is going to appeal the points deduction that subtracted four points from the club's Premier League point total. The English top flight ruled that Forest violated the Profitability and Sustainability Rules in its first season back in the Premier League. According to financial analysis from the league, Forest was $44 million […]

News
/ 622 days agoCity and Chelsea braced for maximum fine for FFP breaches
There is a strong chance that Chelsea and Manchester City will get harsher fines than Everton and Nottingham Forest next season. Since its implementation, Financial Fair Play has been a heated subject in English football. Two teams have already faced point deductions for FFP violations in the 23/24 season. The criteria used to determine the […]

Leagues: EPL
/ 670 days agoErik ten Hag unhappy with Manchester United for peculiar reason
Manchester United passed up a chance to sign a center forward this month, denying Erik ten Hag a much-needed addition to his field. The Dutchman's side may be lacking in terms of a central striker after they were unable to add any players during the January transfer window. Due in large part to FFP restrictions, […]

English Football
/ 677 days agoPremier League chief criticized for ‘small clubs’ comment
Premier League CEO Richard Masters is in hot water after referring to Everton and Nottingham Forest as 'small clubs.' The exec made the comment in front of a sports committee during a recent meeting. Both English top flight teams were recently charged with violating Financial Fair Play (FFP) rules. Committee member Damian Green initially asked […]

Everton
/ 689 days agoEverton and Nottingham Forest charged with FFP violations
In a new development, the Premier League has charged both Everton and Nottingham Forest with FFP violations. If guilty, both clubs could face a hefty points deduction. For Everton, it'll be the second points deduction this season after being deducted 10 points for a previous FFP violation. Both clubs have two weeks to appeal against […]

Americans Abroad
/ 712 days ago777 Partners move one step closer to buying Everton
777 Partners has cleared a massive hurdle in their attempt to purchase a majority stake in Everton. The investment firm previously agreed to buy 94% of the club from current owner Farhad Moshiri back in September. The deal, however, hit several snags in the following months. Multiple red flags quickly popped up regarding the financial […]

Business of Soccer
/ 735 days agoPremier League sets date for Man City trial on 115 FFP charges
Manchester City has finally learned when they will officially stand trial for their record financial charges from the Premier League. Mail Sport claims that the reigning European champions are set to face an independent panel in late fall of 2024. The exact date for the trial is not yet known. According to the news outlet, […]

Chelsea
/ 747 days agoMan City and Chelsea could both be relegated for FFP violations
Chelsea and Man City most likely paid very close attention to the news regarding Everton's FFP penalty on Friday. The Toffees were handed a deduction of 10 points for violating Financial Fair Play (FFP) laws. It is the harshest punishment ever for a Premier League club. As a result of the deduction, Everton now sits […]

Barcelona
/ 760 days agoBarcelona receive response on appeal about FFP rule violations
After being fined $536,000 for financial misreporting, Barcelona appealed to UEFA's financial committee, and they have received a response. Just like the past years, the Catalan giants have been experiencing some turmoil off the field. The regulatory body of European soccer informed them of their FFP violation in July of this year. Not only did […]

Crystal Palace
/ 775 days agoPremier League chairman proposes salary cap
European soccer, with its rich history and devoted fan base, shines as a pinnacle of sporting excellence. Yet, the sport's immense popularity brings about a unique set of challenges, particularly concerning financial disparities among clubs. Broadly speaking, in the world of sports, the relentless pursuit of excellence and victory is frequently accompanied by lavish spending. […]

Leagues: EPL
/ 817 days agoMany shell companies are behind EPL shirt sponsorship deals
According to an in-depth study by the Financial Times, many gambling sponsors seen in the Premier League come from shell companies. This essentially means that these companies only truly exist on paper. Teams such as Newcastle, Watford, and Leicester City have reportedly received funds from such sponsors. The Premier League announced back in April that […]

Barcelona
/ 890 days agoBarcelona 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 […]

Chelsea
/ 970 days agoChelsea 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 agoReading 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 […]

Everton
/ 978 days agoEverton 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 […]