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I think it came into play a year or so ago, there is a period of grace so that clubs can sort themselves out. L1 and L2 are ahead of the Championship but I think next season is when it all begins to matter, then if teams fail, the following season they'll be liable to be hit with sanctions.

Reading can outspend us because of parachute payments, it's not a reflection on the Albion that we couldn't afford him, FFP would have prevented it.