ALL POSTS TAGGED "Financial Fair Play - Page 2"

News
/ 773 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 […]

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/ 777 days agoPremier League clubs consider axing PSR in favor of luxury tax
Premier League officials are reportedly considering getting rid of financial restrictions now in place. Current Profit and Sustainability Rules (PSR) state that teams cannot exceed $133 million in losses over three years. The law has seen Everton and Nottingham Forest both receive points penalties throughout the current campaign. Other clubs, such as Chelsea and Newcastle, […]

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/ 777 days agoBrighton sets record profit as other EPL clubs fear FFP charges
Brighton has posted a post-tax profit of about $154 million for the 2022/23 financial year. The impressive figures are the highest profit of any club in Premier League history. Across the continent, only Barcelona ($378 million) previously recorded higher profits than the Seagulls. However, the Catalan club essentially did everything it could to increase revenue […]

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/ 781 days agoSerious trouble? Chelsea to sell captain to comply with FFP rules
As part of their plan to stabilize their Financial Fair Play status, Chelsea will be selling key players this summer. When the summer transfer window rolls around, the Blues will likely be among the most active Premier League teams. Their manager Mauricio Pochettino is in a rush to make a change, as he needs players […]

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/ 789 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 […]

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/ 790 days agoPremier League hits Leicester City with latest FFP charge
The Premier League charged Leicester City for breaching profitability and sustainability rules (PSR). The Foxes will now have to face the charges in front of an independent panel. This comes as the club currently features in the Championship after dropping from the top flight in May 2023. Nevertheless, officials claim that the East Midlands side […]

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/ 794 days agoNottingham Forest suffers four-point drop to fall into bottom three
The Premier League issued Nottingham Forest a points deduction on Monday that immediately sends the club into the relegation zone. The four-point slash comes as a result of Forest breaching the Profitability and Sustainability Rules (PSR) that protect financial fair play (FFP). Premier League authorities noted that Forest's losses came from exuberant spending upon the […]

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/ 804 days agoChelsea financial losses reach $115 million to flirt with FFP
Chelsea has become the latest Premier League side to report heavy losses for the most recent financial year. Everton has already been charged twice for breaching the league's profit and sustainability rules. The Toffees were docked six points and may soon face another penalty. Nottingham Forest was previously charged with similar violations as well. Aston […]

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/ 806 days agoPremier League to crack down on inflated sponsorship deals
Premier League clubs have long taken advantage of inflating sponsorship deals to provide more freedom in the transfer market. Oftentimes, clubs will look to companies connected to their owners for financial backing. These agreements have helped clubs like Manchester City or Newcastle benefit from having owners involved in different sectors. In doing so, their commercial […]

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/ 806 days agoAston Villa claims to be on track despite $151 million loss
Aston Villa has revealed a loss of just over $151 million for the 2022/23 financial year. This window began on June 1, 2022, and ended on May 31, 2023. The West Midlands club finished seventh during this particular year, up from 14th in the previous campaign. They also qualified for the Europa Conference League as […]

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/ 810 days agoLaLiga president says Barcelona should sell key stars for money
LaLiga president Javier Tebas has claimed that Barcelona will likely have to sell a few stars to ease spending concerns. The Catalan club has endured financial issues for at least a year now. League officials previously charged the team with Financial Fair Play (FFP) violations in January of 2023. Since then, Barca has been finding […]

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/ 811 days agoUS billionaire slams Premier League's FFP rules and Ligue 1
American billionaire John Textor has claimed that current Financial Fair Play (FFP) rules in English soccer are extremely flawed. The Crystal Palace majority owner even went as far as to say that the laws essentially stop clubs from challenging the Big Six. This list of top Premier League clubs includes Arsenal, Chelsea, Liverpool, the two […]

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/ 813 days agoNkunku has another injury as Chelsea faces early summer sell-off
Chelsea manager Mauricio Pochettino has revealed that Christopher Nkunku has suffered yet another injury. The French star previously arrived at the west London club in July for around $65 million from RB Leipzig. While the move was thought to be a fantastic signing, Nkunku has unfortunately dealt with a series of setbacks since the summer. […]

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/ 814 days agoNottingham Forest FFP charges appeal to begin next week
Nottingham Forest will begin the appeal process to the Premier League charging the club with violations of financial fair play. Currently, there is no punishment that Forest knows of, but the precedent has been set via Everton. Originally, the Premier League brandished a record-breaking 10-point deduction for the Toffees. On Monday, the Premier League lessened […]

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/ 815 days agoEverton points penalty reduced to six, additional charges loom
Everton received good news on Monday morning when the Premier League reduced its points penalty to just six. Previously, the league charged the Toffees with a 10-point deduction for violations of the profitability and sustainability (PSR) rules. Everton's net losses over three years exceeded the league's maximum of $134 million. As a result, the points […]