Surely it would depend on the contract? If the contract says that you will follow a set of rules, and if you spend more than the amount specified, you agree to pay the FL x amount. It's irrelevant whether you're still in the 'club', you signed a contract that says you owe people money.
I don't...
If you joined a club (say a gym) and didn't pay your fees, and then left the club, the club can still chase you for the fees you should have paid. Legally, you owe them the money, regardless of whether you want to go back.
The accounts don't need to go to companies house or to HMRC straight...
The FL are allowed to have rules. To be in the league, your club would have to agree to those rules. If those rules are that you can be fined if you spend too much, then you can be fined according to those rules, regardless of the fact that you're no longer in the league. You will have signed to...
I'm not sure why that should matter, it's a fine for what they did when in the FL. If that's not the case, the FL should just make club put there accounts in earlier.
I don't believe it really NEEDED ratification. The clubs would be fined for what they did when in the football league, so the fact that they're now in the PL doesn't change anything from a legal perspective. The FL just want to keep the PL happy.
One issue is that they've changed the rules since the clubs voted. The fines were supposed to go to clubs that are following the rules, and now they don't, which is ridiculous IMO.
Financial Fair Play is a poor choice of words. It's not at all fair. If the intention was to stop clubs going...
Not all chairmen want to spend big to win, a lot of them would like a more stable model across the leagues, so many of them would (and did) vote for such a system.
Part of the problem is that owners lend the clubs money and gamble on reaching the PL. If they fail, the owners asset strip the club to pay themselves back, and leave the club without anything.
The reasons that's not the case with Brighton, is that the owner hasn't paid a small sum to take on a...