Financial fair play rules

[LOOPYHOOP]

Something that's been worrying me is how the financial fair play rules will effect us in the transfer market in future.Will it effect us that much?Not really sure of the in's and out's of it.Could somebody shed some light on the situation?

[Will M]

Currently only UEFA and the football league impose sanctions for over spending, but the Premier League are convening to discuss plans to impose sanctions on member clubs now. Possibly having salary caps also. Read more on that here.

There is a website that is explains financial fair play here.

In laymans terms, if you spend more than the club makes then you will receive a sanction depending on how far into the red you go. But if that were us, currently all that would happen is a ban from European competition. If we're relegated it means we lose a % of our earnings from the Championship.

We will have to see what the result of the PL summit is really, there is more information in other threads on the forum if you would like to see what other people think on the subject too.

[LOOPYHOOP]

Thank's will,much appreciated!

[Will M]

No problem mate, lots of attention for us in the media. Got everyone worried about the future of the club, I'm hoping they don't impose really tough sanctions, like point bans for overspending.

I think this is why all clubs had such frantic spending during this transfer window. Every club seemed to get in at least 4 players, and a few had nearly as many in as we did.

[Del]

Ways round it with sponsorship deals. Eg one of TF's or Mittals companies could sponsor the stadium or toilets or turnstiles for £10m a season.

[W12_Ranger]

There are always loop holes to expose, I wouldn't worry we have some smart business men at the club

[dave58]

Ways round it with sponsorship deals. Eg one of TF's or Mittals companies could sponsor the stadium or toilets or turnstiles for £10m a season.

OH yes as in Etihad Stadium, Etihad shirt sponsership

[Del]

I've not read up anything specific on this, but would assume at the end of the day its about how much revenue a club generates, so if the club has wealthy backers, as in our case, and they want to make it flourish, they will find ways to legitimately inject funds.

I think what they are trying to avoid is a situation where a club has owners who aren't technically that wealthy and borrow loads against the club to buy players way beyond their means, meaning if they come into trouble, the club could go under.