{"id":20,"date":"2023-12-14T21:48:36","date_gmt":"2023-12-14T21:48:36","guid":{"rendered":"https:\/\/journalists.org.uk\/anna-hynes\/?p=20"},"modified":"2023-12-15T15:07:01","modified_gmt":"2023-12-15T15:07:01","slug":"finance-in-football-summer-spending-season-and-beyond","status":"publish","type":"post","link":"https:\/\/journalists.org.uk\/anna-hynes\/2023\/12\/14\/finance-in-football-summer-spending-season-and-beyond\/","title":{"rendered":"Finance in Football: Summer Spending Season and beyond"},"content":{"rendered":"\n<p><a href=\"https:\/\/journalists.org.uk\/anna-hynes\/2023\/11\/16\/get-in-the-game-football-explained-following-national-sports-day\/\">Financial Fair Play <\/a>(FFP) is a concept that&#8217;s been implemented since 2011, but is a massive topic in the world of football currently. UEFA introduced FFP as a regulator to promote financial stability and fairness within European club football, aiming to prevent clubs from overspending.<\/p>\n\n\n\n<p>This season, we saw Everton charged with breaking FFP rules, dropping 10 points in the Premier League. It was revealed they had overspent by \u00a319.5 million.<\/p>\n\n\n\n<p>The Premier League released a <a href=\"https:\/\/www.independent.co.uk\/sport\/football\/everton-points-deduction-premier-league-ffp-financial-fair-play-b2449122.html\">statement<\/a>: \u201cAn independent commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Premier League\u2019s Profitability and Sustainability Rules (PSRs).&#8221;<\/p>\n\n\n\n<p>Everton released a <a href=\"http:\/\/Everton responded in a club statement that said: \u201cEverton Football Club is both shocked and disappointed by the ruling of the Premier League\u2019s commission.\">club statement<\/a>: \u201cEverton Football Club is both shocked and disappointed by the ruling of the Premier League\u2019s commission.&#8221;<\/p>\n\n\n\n<p>Following this, many fans took to Twitter to express their frustration.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Chelsea, breaching FIFA rules: Transfer Ban.<br><br>Manchester City, 115 breaches: Nothing. <br><br>Everton, 1 FFP Breach: 10 point deduction.<br><br>Tell me it\u2019s not corrupt.<\/p>&mdash; Everton Extra (@Everton_Extra) <a href=\"https:\/\/twitter.com\/Everton_Extra\/status\/1725492529464762568?ref_src=twsrc%5Etfw\">November 17, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Thomas Mather, a lifelong Everton fan, stated, &#8220;I don&#8217;t think it&#8217;s fair. Why are we being punished, yet bigger teams like Manchester City get away with a lot worse? If we have to take the 10-point reduction for one rule break, I hope City receives an equivalent punishment, but for each of their 115.&#8221;<\/p>\n\n\n\n<p>Football finance expert Kieran Maguire told <a href=\"https:\/\/www.footballinsider247.com\/nuclear-kieran-maguire-chelsea-and-man-city-could-easily-end-up-with-a-30-point-deduction\/\">Football Insider<\/a>: &#8220;Relegation is a possible punishment&#8221; if City and Chelsea are found guilty of breaking FFP rules.<\/p>\n\n\n\n<p>Clubs such as Newcastle have stuck to FFP rules, leaving space for them in the January transfer market.<\/p>\n\n\n\n<p>Hanna Spier, a Newcastle United fan, stated, &#8220;I think it&#8217;s only fair that all clubs abide by the rules. If every club got away with spending as much as they wanted&#8230;it would create an uneven playing field. Clubs such as Newcastle have recently become successful while sticking to the rules&#8221;.<\/p>\n\n\n\n<p>Hanna added, &#8220;It makes football entertaining. No one wants to watch the same top clubs buying the most expensive players and winning all the time; people like to root for underdogs.&#8221;<\/p>\n\n\n\n<p>It has <a href=\"https:\/\/www.footballinsider247.com\/sources-liverpool-lead-push-for-man-city-to-face-swift-premier-league-crackdown\/\">been revealed<\/a> that current league leaders Liverpool are pushing for City to face their FFP verdict. Liverpool lost out on a Champions League spot last year, with City taking home the Premier League title. Manchester United have also pushed for City&#8217;s investigation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"828\" height=\"465\" src=\"https:\/\/journalists.org.uk\/anna-hynes\/wp-content\/uploads\/sites\/23019\/2023\/12\/IMG_9314-1.jpg\" alt=\"\" class=\"wp-image-164\" srcset=\"https:\/\/journalists.org.uk\/anna-hynes\/wp-content\/uploads\/sites\/23019\/2023\/12\/IMG_9314-1.jpg 828w, https:\/\/journalists.org.uk\/anna-hynes\/wp-content\/uploads\/sites\/23019\/2023\/12\/IMG_9314-1-300x168.jpg 300w, https:\/\/journalists.org.uk\/anna-hynes\/wp-content\/uploads\/sites\/23019\/2023\/12\/IMG_9314-1-768x431.jpg 768w\" sizes=\"auto, (max-width: 828px) 100vw, 828px\" \/><\/figure>\n\n\n\n<p class=\"has-small-font-size\">Liverpool&#8217;s stadium, Anfield. Image credit: Anna Hynes<\/p>\n\n\n\n<p>The FFP&#8217;s aim of fairness must be remembered. As Everton received a punishment for their rule break, all clubs must be investigated to ensure they are sticking to FFP rules.<\/p>\n\n\n\n<p>With most clubs doing so, any breaches should be punished. This not only ensures fairness in the league but also discourages clubs from making similar rule breaks in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial Fair Play (FFP) is a concept that&#8217;s been implemented since 2011, but is a massive topic in the world of football currently. UEFA introduced FFP as a regulator to promote financial stability and fairness within European club football, aiming to prevent clubs from overspending. This season, we saw Everton charged with breaking FFP rules, [&hellip;]<\/p>\n","protected":false},"author":116,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":12,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-20","post","type-post","status-publish","format-standard","hentry","category-behind-the-scenes"],"_links":{"self":[{"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/users\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/comments?post=20"}],"version-history":[{"count":0,"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/posts\/20\/revisions"}],"wp:attachment":[{"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/media?parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/categories?post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journalists.org.uk\/anna-hynes\/wp-json\/wp\/v2\/tags?post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}