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CHAMPIONSHIP CLUBS COMPLY WITH FFP

1 January 2017

Albion have complied with FFP rules.


An initial review of the 2015/16 Sky Bet Championship FFP submissions indicates that all clubs met the ‘Fair Play Requirement’ introduced under the competition rules in 2012.

Brighton & Hove Albion confirmed that the club had complied with FFP rules when the annual accounts were published earlier this month, and the EFL have now confirmed 22 of 24 clubs have shown they have complied - with two submissions still outstanding.

It would mean for the first time since the FFP regulations were agreed by all league clubs, that no team from the Championship (who provided a submission) will exceed the maximum permitted deviation, which was set last season at £13m (£5m loss plus £8m shareholder investment).

Failure to meet the deviation limits has previously resulted in clubs facing financial sanctions or an FFP embargo.

Promoted clubs Burnley, Middlesbrough and Hull City all stayed within the fair play regulations whilst two of the sides relegated to Sky Bet League One – MK Dons and Charlton Athletic – also met the requirement.

However, Bolton Wanderers - also relegated to League One – have not submitted a 2015/16 FFP return or audited accounts and as a result will remain under FFP embargo.

One other Championship club (Nottingham Forest) is still to submit a copy of its audited accounts and failure to do so will result in an FFP embargo from January 1, 2017.

However, their FFP return does suggest that they would meet the Fair Play requirement. Once the audited accounts are submitted, any FFP embargo would be lifted.

FINANCIAL FAIR PLAY 2016/17

This season sees the implementation 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 FFP 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 EFL 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 (compared to an equivalent figure of £105m in the Premier League) over a rolling three season timeframe measured from March 2017.

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.

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