ALL POSTS TAGGED "Financial Fair Play" - Page 2
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/ 157 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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/ 160 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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/ 169 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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/ 169 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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/ 173 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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/ 184 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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/ 186 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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/ 186 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 […]