11-05-2018, 21:45
(11-05-2018, 17:31)Ska\dForLife-WBA Wrote:(11-05-2018, 17:02)Beefy 1965 Wrote: So if Wolves who haven't been in the premier for 8 years get around FFP when paying out 53 million in transfers ?
They stuck two fingers up at FFP and gambled they'd get promoted straight away, because the Football League has no power to punish Premier League teams for FFP violation.
A few teams have done this and managed promotion, Wolves being the latest and QPR the first. When the accounts for this season are published by Wolves, if they broke the 39m barrier then they will be assessed a punishment but this punishment cannot come into effect until they are relegated back to the FL and then it is applied. This is what happened to QPR who had a 49m fine from the EFL waiting for them when they got relegated, I think that they eventually settled for less than 10m.
Our owner has talked about the options we have with regards to FFP and the option to just ignore it is definitely one that clubs in the Championship will consider because of the rewards promotion brings, but its a hug e risk if you don't get promoted as at the very least you will be under a year long transfer embargo as Forest saw and that just stalls the club completely and will see you fighting against relegation most of the time. So far our owner has said he intends to stay within the FFP rules, hence why we are now having to cut our cloth accordingly for a season or two before trying again.