Vital Football

Latest Watford FC News

Championship clubs vote in favor of FFP

Championship clubs vote in favor of FFP

Championship clubs have today voted in favor of the Financial Fair Play model and will adopt the system as of the 2014/15 campaign.

The system, pioneered by UEFA in order to tackle the ever-increasing debt in football, will prohibit losses of over £6m.

Club's will be allowed to make a loss of £6m initially, with that figure being steadily cut down to £3m ahead for the 2014/15 season.

Any club that fails to adhere to these financial guidelines will be liable to face a fine from the Football League or a transfer embargo.

The new rules will also outlaw a club's owner loaning the club working capital when required.

Football League chairman Greg Clarke told BBC Sport: 'They will begin to lay the foundations for a league of financially self-sustaining football clubs.'

Money invested in infrastructure will not be counted in the club's losses, for example money spent on stadium or youth development.

League One and Two clubs will not adopt the model as yet but will continue to impose restriction on the proportion of turnover which can be spent on wages.



Click here to join in the debate on the club forum.

Writer:Tom Bodell
Date:Wednesday April 25 2012
Time: 1:53PM

Login to post a comment

Recent Watford Articles

Hughes Ready For Premier League Challenge

Will Hughes got a first taste on involvement for Watford on Tuesday when the summer signing from Derby was given a run out in the victory over Viktoria Plzen in Austria.

31 Named For Watford Austrian Training Camp

Watford's pre-season got underway with a defeat at AFC Wimbledon on Saturday and now the Hornets have now gone off to Austria for a training camp - Marco Silva has named a 31 man squad.

Silva Not Too Disappointed At AFC Wimbledon Loss

Marco Silva made a losing start at Watford following a defeat at AFC Wimbledon on Saturday - he was of course disappointed but not too down as he's put it into perspective.

Chalobah In Permanently From Chelsea

Watford have signed Chalobah from Chelsea. He returns after a previous loan spell, having also had temporary spells at Nottingham Forest, Middlesbrough, Burnley, Reading & Napoli.

Archived Vital Watford Articles

Vital Watford articles from

Site Journalists

Write for Vital Watford
Write For Vital Watford
Apply Here

Current Poll (see more polls)

Will Marco Silva FINALLY be the one for the Pozzo
Suggested By:
Yes, showed at Hull what he can do70%
No, too inexperienced0%
Maybe, but too early to say23%
Hmm, will the Pozzo's EVER be happy?7%
ScoopDragon Premier League Network Sites
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Watford Results (view all)

Vital Members League Table

RankNamePoints
1.Daniel Smith13
2.mikedrury1
Write for Vital Football