I can't see this mentioned on here but it's probably hidden in a Star Wars thread or Bruce out! http://www.bbc.co.uk/sport/0/football/35174477 Championship sides Bolton, Fulham and Nottingham Forest are under a transfer embargo for the rest of the season after breaching Football League rules in 2014-15. Fulham and Forest both exceeded Financial Fair Play limits of permitted maximum losses of £6m for a season. Bolton failed to submit their required accounts and are unable make transfers until they comply with FFP obligations. Premier League Bournemouth face a fine after also exceeding the permitted sum.
Premier League clubs can't have penalties imposed by the Football League, they can only get fined for breaching the rules they played under when they were in the Football League.
Jesus, what is the actual point? Pretty much then you can break the rules and if you get promoted you can escape with a fine you can pay from the PL petty cash you get?
It depends how much you break them by, QPR's owner had to write off £50m of his loan to the club to get out paying it to the Football League. Had he not done so, he'd have breached Premier League FFP rules and got fined again.
Ah so there is still PL FFP rules? Never really paid them much attention, in case that's not obvious. Still seems daft, Bournemouth should be suffering an embargo too. Guess thats what happens with a 2 tier system like we have though.
Cardiff have been placed under transfer embargo for the remainder of the transfer window for breaching financial fair play rules.
Derby must be cutting it fine - in transfer fees they've got a net spend of something like 26m this season alone. And with signing Bent, Weiman and the like, they must be on a ****load (by Championship equivalency) in wages. But as the Bournemouth example illustrates, break the rules and if you go up, just pay the fine.
£24.25m apparently, their owner is about to come into over £400m via the sale of his company, maybe he's going to bung a lot of cash in, you only fail FFP if you make losses, you can convert debt to equity to avoid the fines (as QPR's owners did to avoid their £50m fine).
In the first season after relegation you get to make a £35m bigger loss than everyone else, it's not until the second season after relegation that you have to worry about the FFP rules.
