ALL POSTS TAGGED "Financial Fair Play" - Page 4
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English Football
/ 318 days agoEverton learns potential points deduction penalty in FFP case
Everton learned its potential penalty and points deduction should the Premier League and an independent commission find the Toffees guilty of breaching Financial Fair Play (FFP) rules. According to the Mirror, Premier League officials recommended the Toffees earn a 12-point slash for the violation. The Merseyside club currently sits 16th in the top-flight table with […]
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Burnley
/ 340 days agoLeeds, Leicester, Burnley inform Everton of massive lawsuit
Everton's potential ownership change has received yet another blow. The club's current owner, Farhad Moshiri, previously revealed an agreement to sell the team to American investors 777 Partners. However, there has since been a series of incidents that have put the deal in limbo. Several Premier League clubs reportedly raised concerns to the top flight […]
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English Football
/ 353 days agoPremier League clubs have concerns over Everton sale, says report
Farhad Moshiri's pending sale of Everton to 777 Partners may very well be under threat. The Merseyside club recently announced that Moshiri struck a deal to sell the team to the new American investment group. The agreement came after months of negotiations between the two sides. While a deal is in place, an official takeover […]
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Everton
/ 371 days agoEverton 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 […]
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Barcelona
/ 437 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 […]
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Financial Fair Play
/ 438 days agoMan 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 […]
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Everton
/ 464 days agoVerdict 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. […]
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Arsenal
/ 478 days agoMan City appeal charges because lawyer involved is Arsenal fan
Manchester City will reportedly appeal the current charges by the Premier League because of the person in charge of the disciplinary process. Previously, the Premier League charged the reigning English champions with 115 financial rule violations during a 14-year period. These wrongdoings occurred from 2009 through the current campaign. Nevertheless, The Times is reporting that […]
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Everton
/ 479 days agoEverton 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 […]
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Chelsea
/ 517 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 […]
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Financial Fair Play
/ 522 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 […]
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Everton
/ 526 days agoEverton 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 […]
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Everton
/ 533 days agoEverton 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 […]
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Leagues: EPL
/ 575 days agoGuardiola assures City he's staying despite FFP violations
Manchester City boss Pep Guardiola has made it clear that he's not leaving the club anytime soon, despite the alleged financial violations. The coach spoke on the team's recent legal issues for the first time on Friday. City is currently under investigation for allegedly breaking Financial Fair Play rules more than 100 times. Fines, Premier […]
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Financial Fair Play
/ 579 days agoMan 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 […]