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Championship 2014/15 FFP Submissions

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1Championship 2014/15 FFP Submissions Empty Championship 2014/15 FFP Submissions Thu Dec 24, 2015 10:28 am

BoltonTillIDie

BoltonTillIDie
Nat Lofthouse
Nat Lofthouse

An initial analysis of Financial Fair Play submissions from clubs that played in the Sky Bet Championship last season has resulted in three clubs being subject to sanctions.

An initial analysis of Financial Fair Play submissions from clubs that played in the Sky Bet Championship last season has resulted in three clubs being subject to sanctions, under rules agreed with League clubs in April 2012. All three exceeded the maximum permitted deviation of £6m - consisting of a maximum adjusted loss of £3m plus a further maximum of £3m of shareholder investment.

Champions AFC Bournemouth will face a financial sanction to be finalised in due course, while Fulham and Nottingham Forest will be subject to an ‘FFP embargo’ for the remainder of the current campaign. Both clubs will have the opportunity to have their FFP embargo lifted at the end of the season by demonstrating that they have stayed within the maximum permitted deviation of £13m (£5m loss plus £8m shareholder investment) for the 2015/16 season.

A further club, Millwall, also exceeded the maximum permitted deviation but will not face any further sanction, in line with Championship FFP regulations, following the club’s relegation to League 1 as it was not deemed to have gained any significant advantage.

The Football League is currently in discussions with a number of other clubs over their FFP submissions and will confirm any further FFP embargoes, if any, in due course.

Bolton Wanderers did not submit an FFP return owing to the club’s ongoing financial difficulties. As a result, the club will not be permitted to sign any players until it has complied with its obligations under the Championship’s FFP regulations.

Sanctions for promoted clubs:

Any club exceeding the maximum permitted deviation that wins promotion to the Premier League will receive a fine equivalent to:

- 1% of the excess amount between £1 and £100,000
- 20% of the excess amount between £100,001 and £500,000
- 40% of the excess amount between £500,001 and £1,000,000
- 60% of the excess amount between £1,000,001 and £5,000,000
- 80% of the excess amount between £5,000,001 and £10,000,000
- 100% of any excess over £10,000,000

Sanctions for clubs remaining in the Championship:

Any Championship club that is subject to an FFP embargo during the 2015/16 season will be prohibited from registering any new professional players (permanent contract or loan) unless they have:

• 24 or fewer established players (players aged 21 or over that have made at least 5 starting appearances for the club).

Where clubs have fewer than 24 established players, they will only be permitted to sign players in the following circumstances (with the player in question being added to the club’s list of established players regardless of his age or previous playing experience):

• Where the employee costs of a player being signed are less than £600,000 per annum (or pro-rata if signed on a shorter contract).
Where clubs have 24 established players, they will be permitted to trade on a ‘one out, one in’ basis but only if the employee costs of the player coming in to the club are no more than whichever is the lower amount of:

• 75% of the equivalent costs of the player going out.
• Or a maximum of £600,000 per annum (or pro-rata if signed on shorter contract)

In addition:

• Clubs under an FFP embargo will not be permitted to pay (or commit to pay) transfer fees or compensation fees for professional players.
• Clubs under an FFP embargo will be permitted to sign a goalkeeper on an emergency basis (in line with existing regulations).
• Clubs under an FFP embargo will not be permitted to pay a loan fee to another club, they may only pay the player’s wage (or a contribution towards it).
• For incoming players, clubs can only pay Agents’ Fees as a benefit in kind to the player in question (as long as they do not exceed the £600,000 employee costs limit).
• Clubs under an FFP embargo may register players under the age of 21 for non-first team matches.

2016/17 onwards

Next season will see the introduction of a new set of ‘Profitability and Sustainability’ regulations that will deliver a consistent approach to Financial Fair Play for those clubs that move between the Premier League and Championship through promotion and relegation.

Championship clubs voted to change their FPP rules in November 2014 as part of wide-ranging negotiations with the top-flight about future solidarity arrangements that has contractually linked the finances of The Football League and Premier League for the first time since the formation of the latter in 1992.

The £13m limit for the 2015/16 season is in line with the losses permitted under the new regulations which will permit a maximum loss of £39m over a rolling 3 season timeframe (compared to an equivalent figure of £105m in the Premier League). A club that moves between the Premier League and Championship will be assessed in accordance with the permitted loss in the relevant divisions played in during the three-year period in question. For example, a club that had played two seasons in the Championship and one in the Premier League would have a maximum permitted loss of £61m, consisting of one season at £35m and two at £13m.

http://www.football-league.co.uk/news/article/2015/championship-financial-fair-play-2867176.aspx

2Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 10:36 am

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse

after reading that does that mean we can't even sign any loan players either now? There are a lot of exceptions but do we meet any of them?

3Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 11:38 am

Reebok Trotter

Reebok Trotter
Nat Lofthouse
Nat Lofthouse

I'm pretty sure the sanctions include loan players as well.  Crying or Very sad

4Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 11:49 am

luckyPeterpiper

luckyPeterpiper
Ivan Campo
Ivan Campo

I don't see how the club can possibly claim to be surprised or disappointed really. I mean we can't even pay our existing players without help from the PFA and we're the subject of a winding up order from HMRC so how the club could possibly believe they wouldn't be embargoed is beyond me.

5Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 11:50 am

Guest


Guest

Didn't forest loan Trotter of us while under embargo and blackburn spearing

6Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 11:54 am

luckyPeterpiper

luckyPeterpiper
Ivan Campo
Ivan Campo

We can send players out y2j, in fact we're encouraged to do so to balance the books. We can't bring in players for a fee or on a loan but I believe we can still sign free agents should any be daft enough to actually want to come to a place that can't pay its players as it is.

7Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 11:58 am

Guest


Guest

What j mean lpp is didnt blackburn and forrest while under embargo take spearing and trotter off us respectively?

8Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 12:00 pm

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse

y2johnny wrote:What j mean lpp is didnt blackburn and forrest while under embargo take spearing and trotter off us respectively?
 i think it will all depend on all the stipulations mentioned in the article, i certainly don't have a clue about whether we can or can't get any loan players in after reading it

9Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 12:01 pm

luckyPeterpiper

luckyPeterpiper
Ivan Campo
Ivan Campo

Ah, sorry, misunderstood you there. Yes, I think they did but I believe they had to get permission from the league to do so. I may be wrong here but I believe you're allowed to loan players provided you get permission from the league first and they're satisfied it won't make the violation of FFP any bigger. I wouldn't be surprised to find out we're still paying at least some of Trotter and Feeney's wages in order to make them possible.

10Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 12:29 pm

Copper Dragon

Copper Dragon
Ivan Campo
Ivan Campo

Anyone 'still' thinking that Bournemouth's story is a magical fairytale success?

11Championship 2014/15 FFP Submissions Empty Re: Championship 2014/15 FFP Submissions Thu Dec 24, 2015 12:33 pm

luckyPeterpiper

luckyPeterpiper
Ivan Campo
Ivan Campo

Copper Dragon wrote:Anyone 'still' thinking that Bournemouth's story is a magical fairytale success?
Absolutely Copper!  Smile

Everyone knows Bournemouth did it after they nabbed Doris the tea lady from us. She signed all their players for half a cup of tea and a broken digestive! Wink

The other half of the tea went to sign Eddie Howe as boss. Very Happy

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