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Financial Fair Play: Brighton hope for Football League clampdown



cloud

Well-known member
Jun 12, 2011
3,028
Here, there and everywhere
http://www.bbc.co.uk/sport/0/football/24024109

Brighton & Hove Albion head of football operations David Burke hopes the Football League will clamp down heavily on those clubs who fail to abide by the new Financial Fair Play rules.

Championship clubs are permitted to make a loss of £8m this season, according to rules approved by member clubs last year, with those who fail to comply set to face sanctions from the League.

"We at Brighton have been planning and working hard to get in line with FFP," Burke told BBC Sussex.

"There are a number of clubs that we know already will not be within the financial limits.

"We hope the Football League will be really strong with the transfer embargos and the fines, or taxes, are imposed properly.

"The idea is that these clubs will be penalised."

The Seagulls have undergone extensive cost-cutting in order to fall into line with the new system, which is aimed at controlling spending.

Clubs which fail to meet Financial Fair Play regulations will be subject to a transfer embargo until they lodge fresh financial information which demonstrates they meet the regulations.

If a club is promoted to the Premier League but breaches the regulations, they will have to pay a 'Fair Play Tax' on their excess, ranging from 1% to 100%, which will then be distributed between Championship teams who comply with the rules.

Financial Fair Play & Championship clubs
Championship clubs voted in proposals aimed at controlling spending in April 2012
Championship clubs must reduce losses season-on-season to a maximum of £5m (£3m can be funded by shareholders) by 2015-16

Season 2013-14: Permitted allowance of £8m (£5m can be funded by shareholders)

Season 2014-15: Permitted allowance of £6m (£3m can be funded by shareholders)

Season 2015-16: Permitted allowance of £5m (£3m can be funded by shareholders)

Championship sanctions start in 2014-15 season

Clubs remaining in the Championship who fail to comply will be subject to a transfer embargo in the January 2015 window until they can demonstrate that they meet the Financial Fair Play regulations.

Clubs winning promotion to the Premier League who breached the rules will be required to pay a 'Fair Play Tax' on the excess by which the club failed to fulfil the Fair Play requirement.

The 'tax' will range from 1% of the excess up to £100,000 to 100% on anything over £10m.

Any proceeds will be distributed equally amongst clubs that have complied with the Financial Fair Play regulations for the season in question.

"We know the ins and outs of every part of it and we have had to save about £3m in total across the club," Burke added.

"That has meant a huge effort from the club to reduce costs. It has enabled us to hit this first year with a player budget which is the same as last year.

"We at Brighton have been diligent and planned meticulously for this event so that we are in a strong position.

"The true impact won't be known until everybody posts their results in November 2014.

"We can then see who was within the financial limits."

However Burke believes other clubs may be pushing the boundaries of the Football League's rules.

"I don't know the finances of the other clubs but those clubs that appear to be spending a lot of money play a dangerous game," he said.

"They put their club at risk.

"The whole point of Financial Fair Play is to try and make it a more even playing field, which is questionable, but to also ensure we don't have a situation like at Portsmouth where lots of creditors aren't getting paid and clubs are on the brink of going out of business.

"The rules are good as it stops that type of accounting at clubs.

"My experience of the transfer window is that practically every club hasn't bought players and is trying to get rid of players - hence why the wages are coming down and there is a glut of players, especially midfielders.

"One or two are playing with the rules. Maybe historically they spent too much in the past and are still struggling to get their wage bill down, or because they want to take the gamble of spending as much as they can now [to try and get promotion].

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"If they don't go up this season I think they will find themselves in a lot of trouble."

Brighton fans have seen ticket prices and some other costs increase following their move to the Amex Stadium as chief executive Paul Barber aims to increase commercial income, but Burke has called on supporters to "trust the club".

"The club is there for the long-run and stable," Burke said.

"Everything the chairman [Tony Bloom], the board and Paul Barber does has a long-term plan for the football club.

"Successful businesses are run on targets and at Brighton that foundation is in place.

"Whether we get in the Premier League this year or two, three or four years' time, that is the aim.

"Everything we do is to strive to get into the Premier League but we are constrained now by Financial Fair Play.

"Even if Tony wanted to lose more than £8m of his own money next year he can't do it as it takes us over the ceiling.

"You can't do it unless you want to take on the fines or the transfer embargo.

"Next season we will have to save money again and the season after."
 




seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,690
Crap Town
By the time the accounts are published it might be too late to get promotion the honest way with 14 or 15 clubs receiving parachute payments.
 


Publius Ovidius

Well-known member
Jul 5, 2003
45,919
at home
Good for us.

Leading by example whilst everyone else tries to avoid it.

Perhaps we will be promoted by default as all the other teams are very bad men
 










Leighgull

New member
Dec 27, 2012
2,377
The odds still favour the gamble though. If I was Forest or one of the others pushing the limits the size of prize for promotion is still worth it. Especially if you know your main competitors are working with far fewer resources in the transfer market.
 



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