• Home
  • Blogs
  • Daniel Geey
  • Football League Clubs have your say: Financial Fair Play is almost upon you

Football League Clubs have your say: Financial Fair Play is almost upon you

Football and money
Friday, 03 August 2012 By Daniel Geey

It has been reported recently that the Football League (FL) is to adopt its own set of Financial Fair Play (FFP) regulations. This follows on from UEFA's regulations which have effectively come into force this season. Various workshops were run over the summer for FL clubs to discuss what UEFA had done and to address a number of questions the FL clubs needed to consider when adopting its own set of the FFP rules.

An intention to bring the regulations into force was voted and agreed upon during the FL's annual summer 2011 AGM. This was followed up in December 2011 with the following press release:

"Owners and executives of Championship clubs re-affirmed their commitment to the principles of Financial Fair Play as a means for encouraging financial sustainability at club level. After further discussions about the practical implementation of Financial Fair Play, clubs agreed that the proposals should be finalised and taken forward to the next meeting of Championship clubs at Derby in February for final ratification. If approved, the new rules would take effect from the start of the 2012/13 season."

A few interesting issues take shape as a result of the FL's FFP announcement, and below are a number of talking points to consider.

Continue reading this article...

Register with your email and password
Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts.  Find out more here.

Related Articles

About the Author

Daniel Geey

Daniel Geey

Daniel is a Partner in the Sport Group.

Daniel’s practice focuses on helping clients in the sports sector, including rights holders, leagues, governing bodies, clubs, agencies, athletes, sports technology companies, broadcasters and financial institutions.

  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Leave a comment

Please login to leave a comment.

Courses

Legal Advisors

Upcoming Events

There are no up-coming events

Copyright © LawInSport Limited 2010 - 2021. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.