November 7 – English second tier clubs have agreed a new set of Financial Fair Play regulations to be implemented from the start of the 2016/17 season.
The new rules will restrict a club’s losses to an aggregate £39 million (averaging £13 million a season) over three seasons.
The difference with the new rules is that clubs will have their financial performance monitored over three seasons rather than the current one, falling into line with the Premier League.
In the meantime the existing Championship FFP rules will remain for the current and 2015-16 campaigns. This season losses of no more than £3 million are permitted, but up to £6 million with owner investment. Next season the figures will be £2 million, up to £13 million with owner investment. Clubs who fail to meet existing FFP rules face a transfer embargo.
Any club that moves between the Premier League and Championship in a three-season period would be assessed on the permitted maximum loss per season of £35 million in the Premier League and £13m in the Championship.
The new set of rules will in future be known as the ‘Profitability and Sustainability’ regulations.
Meanwhile, a vote between clubs in Leagues One and Two over the introduction of artificial pitches was tied, meaning the proposals were not approved. In what the Football League called an ‘unprecedented’ result, 34 clubs voted in favour and 34 against, with four abstentions.
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