ALL POSTS TAGGED "Financial Fair Play"
News
/ 66 days agoWhat are Manchester City's 115 most serious alleged breaches?
Manchester City's hearing that will determine whether the club broke the Premier League's financial rules began this week. In total, 115 broken Premier League financial rules charges have been leveled against Manchester City. In what many have called the sport's trial of the century, it's expected to take roughly ten weeks before a decision can […]
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/ 70 days agoManchester City to begin hearing on 115 charges next week
Manchester City's hearing regarding their 115 financial charges is finally set to start. According to Sky Sports, the Premier League will begin presenting its case against the club on Monday, Sep. 16. While the case is nearly underway, soccer fans should not expect a verdict soon. The process will begin in the coming days, but […]
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/ 78 days agoLeicester avoids PSR penalty thanks to relegation loophole
Leicester City has successfully won its appeal after previously being charged with a penalty for breaching profit and sustainability rules (PSR). Premier League officials originally charged the Foxes for exceeding the three-year loss limit of about $137 million. Leicester recorded combined losses of nearly $170 million ending in the financial year of 2022/23. In the […]
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/ 99 days agoChelsea financial breaches may yield points penalty, transfer ban
Chelsea will soon learn its fate regarding an investigation into financial breaches under previous ownership. Roman Abramovich purchased the Blues in 2003 and remained in place until being forced out in 2022. Under the Russian oligarch's control, Chelsea became a force in English soccer thanks to heavy spending. The West London club collected five of […]
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/ 139 days agoBrighton mock Everton and other clubs in latest PSR remarks
Tony Bloom, the owner of Brighton, has openly criticized the excessive spending habits of some Premier League clubs, including Everton. Brighton has a disciplined transfer policy that has given it a reputation as savvy in the transfer market. Thus, Bloom has expressed concern about the growing trend of clubs facing point deductions due to financial […]
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/ 142 days agoPremier League clubs continue to splash cash despite PSR issues
Premier League clubs are seemingly not pumping the brakes on spending in the summer transfer period, and the record is under threat. This is even though several English top-flight teams are dealing with problems regarding profit and sustainability rules (PSR). These laws currently prevent clubs from exceeding $133 million in losses over three years. Everton, […]
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/ 151 days agoCity face darker clouds: Hacker plots to prove 115 FFP breaches
New information from the hacker responsible for the 'Football Leaks' controversy has cast a deeper shade on Manchester City's reign as Premier League champions. Rui Pinto has handed over five hard drives filled with millions of documents to French and German authorities. These documents, Pinto claims, contain information that could be of "criminal relevancy" against […]
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/ 155 days agoChelsea's financial issues could hinder transfer links
Chelsea is apparently looking for more economical options in their quest to complete a transfer for a new center forward. The Blues previously revamped their entire squad, including their strikers, within the last two years. The West London side signed Nicolas Jackson from Villarreal last summer to lead their front line. Jackson, despite costing the […]
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/ 168 days agoSix Premier League clubs must sell players to avoid PSR breaches
At least six Premier League clubs reportedly have to make significant player sales before the end of the month. While the English top fight is currently in the offseason, the 2023/24 financial year does not end until June 30th. All Premier League clubs must adhere to the current profit and sustainability rules (PSR) in place. […]
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/ 170 days agoMan City lawsuit against Premier League may impact 115 charges
Manchester City has launched an unprecedented lawsuit against the Premier League. According to The Times, the reigning champions are claiming that the division's current Associate Party Transaction (APT) rules are unlawful. City officials even say that they are victims of discrimination. As a result, the club is seeking monetary damages from Premier League officials. APT […]
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/ 196 days agoAston Villa, Chelsea may face UEFA ban due to FFP issues
Aston Villa and Chelsea could very well find it difficult to comply with UEFA's financial rules next season. The governing body's law, of course, only affects clubs that qualify for European competitions. Villa has already booked a place in at least the Europa League for the 2024/25 campaign, but they also remain in the driver's […]
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/ 198 days agoNottingham Forest appeal rejected: What it means for relegation
The Premier League denied an appeal from Nottingham Forest that now upholds the side's four-point deduction. The club's financial records indicated it exceeded its loss limit in its first season back in the Premier League. Nottingham Forest was only permitted to lose $77 million, per the Premier League's regulations. However, major spending amounted to $318 […]
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/ 201 days agoScapegoat? Barca to make major sale to avoid FFP restrictions
Knowing how well Spain did at Euro 2020, you can see why Pedri has been among the best Barcelona midfielders. He moved from Las Palmas to Barcelona in 2020 and has been a big part of the recent Catalans' revival. But, in a way, he messed up his future by playing in two events in […]
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/ 210 days agoPremier League to vote on new FFP rules in huge blow to Big Six
Monday, the Premier League teams will discuss "game-changing" financial fair play, or FFP, rules that might introduce a strict pay ceiling, or "anchoring." Also, introducing squad cost limitations is a part of the league's effort to revamp its financial fair play regulations. Clubs in the Premier League have already decided to implement squad spending limitations […]
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/ 227 days agoEverton picks up a second points deduction for FFP violation
Once again, Everton faces a points deduction that puts more strain on the club's chances of survival in the Premier League. Earlier in the campaign, the Toffees suffered a six-point drop after violating the league's Profitability and Sustainability (PSR) rules. Now, the Premier League has deducted a further two points from Everton's tally. With eight […]