Financial Fair Play - Premier League Clubs Playing

Financial Fair Play - Premier League Clubs Playing "Fair"?

In a nutshell, Financial Fair Play is chiefly concerned with improving the overall financial health of European club football. After its inception in 2011, clubs that qualified for any UEFA competition were required to prove that they did not have any overdue payables towards any other clubs, players, or authorities throughout the season. As of the 2013/14 season onwards, it was also a necessity for clubs to ensure that they complied with break-even requirements. Per assessment period, clubs can spend …
Europe: The Next Step in Southampton's Master Plan

Europe: The Next Step in Southampton's Master Plan

When the late Swiss businessman Markus Leibherr bought Southampton in 2009, it seemed like an investment that was fuelled by passion rather than business acumen. After all, having spent 98 days in administration (the equivalent of footballing bankruptcy), the footballing factory of England was only heading downwards with points deductions as well downsizing due to have an adverse effect. The club has since made phenomenal progress moving from League One to the top half of the famed Premier League. In …
Financial Fair Play And Its Consequences: A look at City & Chelsea

Financial Fair Play And Its Consequences: A look at City & Chelsea

Manchester City are due to be levied with a £50 million fine and a play registration limit in next year’s Champions League for their breach of Financial Fair Play rules. The fine can be paid over three years, so will not be a problem for a financial powerhouse such as City. The restriction of their Champions League squad is the sanction that is most likely to cause them some difficulty. Although City will no doubt appeal the sanctions, if they …