The new financial fair play rules (Question)

I was sifting through this article and spotted a quote from Sheffield United chairman Kevin McCabe:

"The last two seasons have cost about £15m, with a high wage bill and less revenue," he told BBC Radio Sheffield.

"With the new financial fair play rules we are going to have to work with a lower budget next season."

He added: "Unless we get the wage bill down next season then we'll face financial penalties."

This made me think, is that all that is given if you break the rules? A financial penalty?

Lets say City were over it by £100million and they were fined £5million ... surely that's something they'd accept as a consequence. As I've said, I've not really had any sort of look at the rules in depth so maybe I've completely misunderstood the concept but, if it's like I see it, then surely the rule isn't going to really bother any of the big clubs?

Maybe points deductions/competition bans need to be imposed?

Definitely Jela in the way you've quoted that. Surprised you didn't minimise the writing as well


Welcome back mate

Forest are shit

Rafael Benitez wrote:Forest are shit

Forest are shit

Forest wrote:

Rafael Benitez wrote:Forest are shit

Forest are shit

Forest wrote:Definitely Jela in the way you've quoted that. Surprised you didn't minimise the writing as well


Welcome back mate

Oh my god, I thought we were past this? I don't know who/what this is. Yes, it was funny at first but now you're going way over the top. I came here for a bit of discussion, now I'm debating whether to stay.

WTF

0#LeaveIt

The Terrier wrote:I was sifting through this article and spotted a quote from Sheffield United chairman Kevin McCabe:

"The last two seasons have cost about £15m, with a high wage bill and less revenue," he told BBC Radio Sheffield.

"With the new financial fair play rules we are going to have to work with a lower budget next season."

He added: "Unless we get the wage bill down next season then we'll face financial penalties."

This made me think, is that all that is given if you break the rules? A financial penalty?

Lets say City were over it by £100million and they were fined £5million ... surely that's something they'd accept as a consequence. As I've said, I've not really had any sort of look at the rules in depth so maybe I've completely misunderstood the concept but, if it's like I see it, then surely the rule isn't going to really bother any of the big clubs?

Maybe points deductions/competition bans need to be imposed?

By City do you mean Manchester City?

no, he means Leicester city, they are known to spend £100m every summer

if you dont meet the fair play rules you are also not allowed in European competition i believe

The Terrier wrote:

Forest wrote:Definitely Jela in the way you've quoted that. Surprised you didn't minimise the writing as well


Welcome back mate

Oh my god, I thought we were past this? I don't know who/what this is. Yes, it was funny at first but now you're going way over the top. I came here for a bit of discussion, now I'm debating whether to stay.

So Jela. The Terrier. Quality mate.

ofcourse its a former member, if he was a actual new member they would have left, not openly argue whether to stay or not lmao

The Terrier wrote:I was sifting through this article and spotted a quote from Sheffield United chairman Kevin McCabe:

"The last two seasons have cost about £15m, with a high wage bill and less revenue," he told BBC Radio Sheffield.

"With the new financial fair play rules we are going to have to work with a lower budget next season."

He added: "Unless we get the wage bill down next season then we'll face financial penalties."

This made me think, is that all that is given if you break the rules? A financial penalty?

Lets say City were over it by £100million and they were fined £5million ... surely that's something they'd accept as a consequence. As I've said, I've not really had any sort of look at the rules in depth so maybe I've completely misunderstood the concept but, if it's like I see it, then surely the rule isn't going to really bother any of the big clubs?

Maybe points deductions/competition bans need to be imposed?

Maybe that is just the first punishment. If they don't correct it, you get banned from European competitions (which will make your revenues go down even more).

Trent wrote:

The Terrier wrote:I was sifting through this article and spotted a quote from Sheffield United chairman Kevin McCabe:



This made me think, is that all that is given if you break the rules? A financial penalty?

Lets say City were over it by £100million and they were fined £5million ... surely that's something they'd accept as a consequence. As I've said, I've not really had any sort of look at the rules in depth so maybe I've completely misunderstood the concept but, if it's like I see it, then surely the rule isn't going to really bother any of the big clubs?

Maybe points deductions/competition bans need to be imposed?

By City do you mean Manchester City?

Seriously?