>Championship clubs are locked in battle over proposed new spending rules, ahead of a crunch EFL meeting on Friday.
>Leeds, Hull City, Stoke, West Brom, Swansea and Cardiff are understood to be leading the charge to ease restrictions on spending amid growing anger over the Premier League’s failure to agree a ‘New Deal’.
>A number of Championship clubs are also in danger of breaching profitability and sustainability rules and it is argued that scrapping the current financial controls is the only option to avoid a future crisis.
>One of the preferred proposals is to mirror Uefa’s newly introduced 70 per cent squad ratio for the 2025-26 season, though sources claim other alternatives will be discussed.
>Senior Championship officials will meet in the Cotswolds on Friday to discuss what is now a very hot issue, with a two-thirds majority required from the 24 clubs to trigger a vote.
>Hull City’s vice-chairman Tan Kesler is set to join the Football League’s three-person board, replacing former Millwall chief executive Steve Kavanagh, and is understood to be a prominent figure in the debate.
>Sources have claimed that tension is growing between clubs in the league over the future of financial controls, with some arguing that lifting limits on spending could threaten a repeat of Derby’s flirtation with oblivion two years ago.
>These latest plans are seen as hugely significant, and allowing clubs to spend 70 per cent of their revenue on wages, transfers and agent fees would follow a recent move by Uefa if it was agreed by the majority.
>The Premier League and EFL has so far failed to agree the ‘New Deal’ on funding, despite frequent meetings to thrash out a resolution.
>In a statement in March, the EFL said it was “clearly disappointed at their repeated failure to put forward any new funding offer for EFL clubs that would have significant benefits for the entire football pyramid.
>“The EFL has repeatedly said that financial redistribution coupled with enhanced cost controls are needed to help achieve its over-riding objective of making EFL clubs financially sustainable and competitive, so that they can continue to serve their supporters and communities long into the future, no matter what level of the pyramid they play in.”
>It is understood there could be a vote on bringing in new regulations at the Premier League’s annual general meeting this week, but many Championship clubs are sceptical.
Sidsagentleman on
How ridiculous 🙄 change the rules so the clubs who are flirting with the rules get away with it – of course that’s how it works
Derby rightly went through the mill and barely survived – dont you love (not) how rules get changed to suit
mmm790 on
Unless you come up with a way of enforcing punishments on clubs that get promoted any financial regulations in the Championship are useless and will just encourage reckless owners to carry on gambling their club’s future on getting promotion and running away from the enforcement of the EFL.
The problems that clubs like ourselves and Derby have faced are owners gambling everything on getting promoted, and when that doesn’t pay off the owner loses interest and the club falls in on itself. I won’t hold my breathe, but the best way of protecting clubs would be convincing the PL to apply penalties on clubs that break EFL rules, as well as sharing more of the money down the pyramid to lessen the financial gap between the PL and EFL (But let’s be honest, that’s never going to happen)
Final_Consequence_11 on
I guarantee, this will all end in tears.
It might not be now, it might be in 20 years.
But the more and more “allowances” you ask for, the more unsustainble clubs are.
Reality is, transfer wages and wages are waaaaayyyy to high for clubs to support, unless bankrolled.
InspektD on
If they’re fucking about with the rules and allowing clubs to risk financial ruin, then they should make all owners place a rolling year’s projected wages and tax bill in escrow as some sort of show of commitment, and ultimately a short-to medium term safeguard.
PotsnBats on
It’s an absolute disgrace the EFL won’t let us piss away £30m on achieving 16th (again).
F8RGE on
What on earth are we going to be spending, chocolate coins?
BuenasVibras on
Oh no we got beat with this stick a few times you’re not allowed to get away with it now!
LUFC_shitpost on
Don’t agree with the proposal of 70% because clubs like Luton and Ipswich would never be able to compete with Leeds, Sunderland, Boro etc. However, it’s fair to say the rules in the current format are unsustainable too; there was no way Leicester could have fielded a competitive team and not broke the rules. Everything in football finance is broken; parachute payments, losses allowed, hyper inflated wages and agent fees, TV money distribution. I’m just happy I’m not the one in charge of making the decisions. Perhaps all teams can spend 70% on wages, fees and transfers of the team with the highest revenue the previous season would be more fair? Also, fuck the prem clubs, specifically West Ham, Aston Villa, Wolves, Nottingham Forest, Crystal Palace and Bournemouth, who have all been in the EFL or flirted with relegation in the last 10 years and voted against the deal in March.
mike_l195 on
If an owner is willing to put the money up front for a player and all his wages/costs then I don’t see an issue with that. But the keeping that separate to the 70% rule. That way, a rich owner could splash the cash but it’s done in a way that doesn’t impact the long-term financial stability.
downfallndirtydeeds on
I like this proposal
This is totally fair and definitely won’t entrench existing structural barriers against smaller clubs
10/10 no notes. If UEFA are doing it it can’t be anything other than to benefit the spirit of the game
HoldMyAppleJuice on
Leicester should never have been allowed out of the league
LoonyTatts on
Clubs who depend 20k plus a week on players deserve to go bust in the championship
Pietojulek on
All this greedy mess all over the EFL is going to force me to watch cricket instead. 😩
AWr1ght98 on
Obviously we’d probably would benefit massively from this as would other clubs with massive followings but flip side is you open the gap between us and your smaller teams.
The biggest issue for me is the gap between the premier league (and parachute payment) teams is getting bigger and bigger and something does need to be done about that
Nobbylufc on
Easy way to fix football, no limits too spending but all clubs must turn a profit and have fan representatives on the board.
All transfers paid in full at the time of purchase.
So a club like Luton may have 40 mil in the bank from Pl and parachute payments they’d be very competitive
16 Comments
>Championship clubs are locked in battle over proposed new spending rules, ahead of a crunch EFL meeting on Friday.
>Leeds, Hull City, Stoke, West Brom, Swansea and Cardiff are understood to be leading the charge to ease restrictions on spending amid growing anger over the Premier League’s failure to agree a ‘New Deal’.
>A number of Championship clubs are also in danger of breaching profitability and sustainability rules and it is argued that scrapping the current financial controls is the only option to avoid a future crisis.
>One of the preferred proposals is to mirror Uefa’s newly introduced 70 per cent squad ratio for the 2025-26 season, though sources claim other alternatives will be discussed.
>Senior Championship officials will meet in the Cotswolds on Friday to discuss what is now a very hot issue, with a two-thirds majority required from the 24 clubs to trigger a vote.
>Hull City’s vice-chairman Tan Kesler is set to join the Football League’s three-person board, replacing former Millwall chief executive Steve Kavanagh, and is understood to be a prominent figure in the debate.
>Sources have claimed that tension is growing between clubs in the league over the future of financial controls, with some arguing that lifting limits on spending could threaten a repeat of Derby’s flirtation with oblivion two years ago.
>These latest plans are seen as hugely significant, and allowing clubs to spend 70 per cent of their revenue on wages, transfers and agent fees would follow a recent move by Uefa if it was agreed by the majority.
>The Premier League and EFL has so far failed to agree the ‘New Deal’ on funding, despite frequent meetings to thrash out a resolution.
>In a statement in March, the EFL said it was “clearly disappointed at their repeated failure to put forward any new funding offer for EFL clubs that would have significant benefits for the entire football pyramid.
>“The EFL has repeatedly said that financial redistribution coupled with enhanced cost controls are needed to help achieve its over-riding objective of making EFL clubs financially sustainable and competitive, so that they can continue to serve their supporters and communities long into the future, no matter what level of the pyramid they play in.”
>It is understood there could be a vote on bringing in new regulations at the Premier League’s annual general meeting this week, but many Championship clubs are sceptical.
How ridiculous 🙄 change the rules so the clubs who are flirting with the rules get away with it – of course that’s how it works
Derby rightly went through the mill and barely survived – dont you love (not) how rules get changed to suit
Unless you come up with a way of enforcing punishments on clubs that get promoted any financial regulations in the Championship are useless and will just encourage reckless owners to carry on gambling their club’s future on getting promotion and running away from the enforcement of the EFL.
The problems that clubs like ourselves and Derby have faced are owners gambling everything on getting promoted, and when that doesn’t pay off the owner loses interest and the club falls in on itself. I won’t hold my breathe, but the best way of protecting clubs would be convincing the PL to apply penalties on clubs that break EFL rules, as well as sharing more of the money down the pyramid to lessen the financial gap between the PL and EFL (But let’s be honest, that’s never going to happen)
I guarantee, this will all end in tears.
It might not be now, it might be in 20 years.
But the more and more “allowances” you ask for, the more unsustainble clubs are.
Reality is, transfer wages and wages are waaaaayyyy to high for clubs to support, unless bankrolled.
If they’re fucking about with the rules and allowing clubs to risk financial ruin, then they should make all owners place a rolling year’s projected wages and tax bill in escrow as some sort of show of commitment, and ultimately a short-to medium term safeguard.
It’s an absolute disgrace the EFL won’t let us piss away £30m on achieving 16th (again).
What on earth are we going to be spending, chocolate coins?
Oh no we got beat with this stick a few times you’re not allowed to get away with it now!
Don’t agree with the proposal of 70% because clubs like Luton and Ipswich would never be able to compete with Leeds, Sunderland, Boro etc. However, it’s fair to say the rules in the current format are unsustainable too; there was no way Leicester could have fielded a competitive team and not broke the rules. Everything in football finance is broken; parachute payments, losses allowed, hyper inflated wages and agent fees, TV money distribution. I’m just happy I’m not the one in charge of making the decisions. Perhaps all teams can spend 70% on wages, fees and transfers of the team with the highest revenue the previous season would be more fair? Also, fuck the prem clubs, specifically West Ham, Aston Villa, Wolves, Nottingham Forest, Crystal Palace and Bournemouth, who have all been in the EFL or flirted with relegation in the last 10 years and voted against the deal in March.
If an owner is willing to put the money up front for a player and all his wages/costs then I don’t see an issue with that. But the keeping that separate to the 70% rule. That way, a rich owner could splash the cash but it’s done in a way that doesn’t impact the long-term financial stability.
I like this proposal
This is totally fair and definitely won’t entrench existing structural barriers against smaller clubs
10/10 no notes. If UEFA are doing it it can’t be anything other than to benefit the spirit of the game
Leicester should never have been allowed out of the league
Clubs who depend 20k plus a week on players deserve to go bust in the championship
All this greedy mess all over the EFL is going to force me to watch cricket instead. 😩
Obviously we’d probably would benefit massively from this as would other clubs with massive followings but flip side is you open the gap between us and your smaller teams.
The biggest issue for me is the gap between the premier league (and parachute payment) teams is getting bigger and bigger and something does need to be done about that
Easy way to fix football, no limits too spending but all clubs must turn a profit and have fan representatives on the board.
All transfers paid in full at the time of purchase.
So a club like Luton may have 40 mil in the bank from Pl and parachute payments they’d be very competitive