Latest news with #FFP
BBC News
a day ago
- Business
- BBC News
Summer transfer window
The Ask Me Anything team have been going through your questions - and several were about the summer transfer window. When does the transfer window open? The summer 2025 transfer window is, unusually, split into two will initially open on Sunday, 1 June and close nine days later. The early window allows teams participating in the Club World Cup the chance to sign players before the tournament window will reopen on Monday, 16 June, before closing on Monday, 1 September at 19:00 BST for Premier League, EFL and Scottish Premiership clubs. How do PSR and FFP work? Uefa's Financial Fair Play (FFP) and the Premier League's Profit and Sustainability Rules (PSR) are financial regulations intended to make clubs is designed to prevent clubs that compete in European competitions from not spending more than they earn, while PSR demands clubs operate within their financial means and avoid excessive League clubs can lose up to £105m over a three-year period and may be deducted points if they go over that has become common practice in football for clubs to amortise (spread out) the transfer fee they pay for any new example, if a new player is signed for £80m on a four-year contract, amortisation means that fee is listed as £20m per year for four years in the accounts. Spreading costs that way allows clubs to abide by FFP and PSR rules more could allow them to spend more money on new players in a single window, because as far the financial records show, the full cost of the transfer fees they agree to pay isn't counted until further down the players automatically have very low amortised values, because little or no transfer fee was paid for them in the first place. Whatever price they are then sold for can be counted as almost 'pure profit' in the - in particular - have used this rule to allow them to keep spending by selling academy prospects including Mason Mount, Conor Gallagher and Lewis Hall for fees. What's the sporting director's role in transfers? A club's sporting director will tend to have a long-term vision, while the head coach will be thinking more short sporting director should ensure potential signings fit in with the club's playing style and culture. They will do that through months of planning and meetings with the head coach and club owners, chair or chief sporting director will work with the recruitment team to scout players and will be at heart of negotiations for a transfer - they will usually be responsible for contacting the selling club and player's manage continuity of transfers and signings, a sporting director tends to be at the club longer than first-team coaches and is usually responsible for planning. How do transfer requests work? There is no standardised, formal way in which players are obliged to submit transfer most common method is for a player's agency to draft a legal document - including confirmation a player wishes to breach the terms of their employment, the reasons behind the request, and the player's signature - and send it to the sporting director, chairman or CEO of a transfer requests can also take other forms. For example, a player or somebody acting on their behalf may inform a manager at a training ground, could give an interview to the press, or might post on social media to make sure the wider football community is fully aware of what they want.A club is under no obligation to accept any transfer a transfer request can lead to significant financial penalties for a player. Formally asking to leave while employed by a club constitutes a breach of contract, and could mean a player is no longer entitled to contractual bonuses like signing-on fees and loyalty article is the latest from BBC Sport's Ask Me Anything team. Thanks to Keith in Sussex and Farewell in South Africa for the questions! What is Ask Me Anything? Ask Me Anything is a service dedicated to answering your want to reward your time by telling you things you do not know and reminding you of things you team will find out everything you need to know and be able to call upon a network of contacts including our experts and will be answering your questions from the heart of the BBC Sport newsroom, and going behind the scenes at some of the world's biggest sporting coverage will span the BBC Sport website, app, social media and YouTube accounts, plus BBC TV and radio. More questions answered... VAR - your questions answeredMatch of the Day - your questions answeredWhen are the 2025-26 Premier League fixtures released?
Scottish Sun
3 days ago
- Business
- Scottish Sun
Football finance expert explains what Rangers takeover will mean in practice – and how it will end ‘civil war' at Ibrox
Will they sell naming rights to Ibrox? MONEY TALKS Football finance expert explains what Rangers takeover will mean in practice – and how it will end 'civil war' at Ibrox ONE of football's leading finance experts has broken down how the Rangers takeover will look in practice. The new American regime, led by Andrew Cavenagh and 49ers Enterprises, officially took control of the Glasgow club today. Advertisement 2 New Rangers boardroom leader Andrew Cavenagh, with ex-chairman John Gilligan Credit: PA 2 Football finance expert Kieran Maguire has been speaking about the takeover The group has pledged to invest £20m immediately, as Gers look to close the gap on rivals Celtic. Cavenagh will assume the role of chairman with Paraag Marathe also joining the board as vice-chairman. But several questions still remain. What impact will Financial Fair Play (FFP) have? Advertisement Will naming rights to Ibrox be put up for sale? Will the new owners look to make a quick buck? Footie finance guru Kieran Maguire has answered some of those questions. Speaking to the Scottish Sun, Maguire said it's unlikely the US consortium view Rangers as a vehicle for a quick return on their investment. Advertisement He said: "I don't think they are looking for a short-term financial return and it's highly unlikely they'd make one based on historic figures. "They certainly need to monetise Ibrox but it will be a costly investment." What next for Rangers after American takeover is confirmed? Maguire also played down the impact of FFP. But he pointed to the most recent figures that showed Rangers were operating at a loss and insisted that must be sorted ASAP. Advertisement And he thinks fresh faces on the board should end the years of civil WAR that have engulfed the Ibrox club. "FFP is less of an issue than the club losing money and they need to address that first," he said. "They have some big hitters and experienced people joining though. "It's important to cease the civil war that restricted the club to an extent in the last few years and having majority owners in control can address that." Advertisement Of course, for most Rangers fans, the only thing that matters is beating Celtic. The initial £20m injection will go some way to helping with that. "For Rangers it's huge because you now have an indication they're going to be putting £20m of working capital into the club," Maguire said in another interview with STV. "If I was a Rangers fan, I think I would be very pleased. Advertisement "This deal has been flagged, but it is now over the line. "The fact there is now additional cash coming into the club at a time they are looking to recruit a manager and for the summer can be taken as positives. "At the same time, they have a lot of work to do because being second in the Scottish Premiership is nowhere as far as fans of Rangers and Celtic are concerned." Maguire added: "Celtic have surged ahead on and off the pitch, so it's a mammoth task." Advertisement And what of the rumours of Ibrox possibly being renamed to generate income? "Naming rights tend to be over-hyped, unless for brand new stadiums. "Most people use traditional names." Keep up to date with ALL the latest news and transfers at the Scottish Sun football page
The Sun
3 days ago
- Business
- The Sun
MFL confident of smooth, problem free 2025/26 Super League season
THE 2025/2026 Super League season is expected to run smoothly without financial issues following the tightening of the Financial Fair Play (FFP) system by the Malaysia Football League (MFL). MFL President Datuk Ab Ghani Hassan said the implementation of new financial monitoring software through the FFP system will have a significant impact in ensuring that only financially stable teams are eligible to compete. 'We control it through FFP. Previously it was usually six months but now it's three months, we will constantly monitor. But as I said from the beginning, declare your budget. 'That is important, and God willing, I am confident and believe it can be done, there will be no problems (for the 2025/2026 season),' he said after a joint meeting with the State Football Associations (FA) & a meeting with Football Clubs (FC) at Wisma FAM, here, today. According to him, financial monitoring is no longer done periodically as before, but continuously and in real-time through the newly introduced FFP system. Commenting on the issue of signing up to 15 foreign players in one team, which could ensnare clubs in a financial crisis, he explained that each team will be monitored based on their actual capabilities. 'If you can only afford five, then take five. Don't follow your desires. We will advise and control. What's important is that they must honestly declare their budget from the start. We don't want to repeat the same episode every year,' he said. MFL previously announced that they would standardize the player registration limit to 30 for all clubs, including those competing in the AFC Champions League Elite (ACLE) and AFC Champions League 2 (ACL2). Previously, ACLE and ACL2 clubs were allowed to register 34 players, while other clubs only 32 players. The same meeting also agreed to allow all clubs to register a maximum of 15 foreign players, with a quota of nine players on the field (including substitutes) consisting of four open, one Asian, and two ASEAN players. The Malaysia League now has a new look with the full implementation of FFP, which limits club salary expenditure to a maximum of 80 percent of their annual budget for the 2025-2026 season.
The Sun
3 days ago
- Business
- The Sun
MFL confident of a smooth and problem free 2025/2026 Super League season
THE 2025/2026 Super League season is expected to run smoothly without financial issues following the tightening of the Financial Fair Play (FFP) system by the Malaysia Football League (MFL). MFL President Datuk Ab Ghani Hassan said the implementation of new financial monitoring software through the FFP system will have a significant impact in ensuring that only financially stable teams are eligible to compete. 'We control it through FFP. Previously it was usually six months but now it's three months, we will constantly monitor. But as I said from the beginning, declare your budget. 'That is important, and God willing, I am confident and believe it can be done, there will be no problems (for the 2025/2026 season),' he said after a joint meeting with the State Football Associations (FA) & a meeting with Football Clubs (FC) at Wisma FAM, here, today. According to him, financial monitoring is no longer done periodically as before, but continuously and in real-time through the newly introduced FFP system. Commenting on the issue of signing up to 15 foreign players in one team, which could ensnare clubs in a financial crisis, he explained that each team will be monitored based on their actual capabilities. 'If you can only afford five, then take five. Don't follow your desires. We will advise and control. What's important is that they must honestly declare their budget from the start. We don't want to repeat the same episode every year,' he said. MFL previously announced that they would standardize the player registration limit to 30 for all clubs, including those competing in the AFC Champions League Elite (ACLE) and AFC Champions League 2 (ACL2). Previously, ACLE and ACL2 clubs were allowed to register 34 players, while other clubs only 32 players. The same meeting also agreed to allow all clubs to register a maximum of 15 foreign players, with a quota of nine players on the field (including substitutes) consisting of four open, one Asian, and two ASEAN players. The Malaysia League now has a new look with the full implementation of FFP, which limits club salary expenditure to a maximum of 80 percent of their annual budget for the 2025-2026 season.
Daily Mirror
3 days ago
- Business
- Daily Mirror
Man City chief sends message to fans waiting for verdict on 130 charges hearing
Manchester City and the Premier League are still waiting for the independent commission's verdict on the 130 charges the club face over the alleged breaking of financial fair play rules Manchester City chairman Khaldoon Al Mubarak has urged fans to remain patient with the club still waiting on the verdict of the 130 charges they face. The Premier League charged City back in February 2023. The club were accused of breaking financial fair play rules over a nine-year period, which started in 2009 and went on until 2018. They have also been charged with failing to co-operate with Premier League investigations into their finances. The Premier League allege City failed to provide accurate financial information. It is also alleged that City they didn't fully disclose the financial remunerations that were made to one of their managers over a four-year period. City are also accused of failing to comply with UEFA's FFP rules over a five-year period. For their part, the club deny all the charges and a 10-week trial was heard by an independent panel earlier this year. A verdict was originally expected in Spring 2025, but there is still no sign of it being published. Al Mubarak has now reiterated that supporters need to stay patient while the wait continues. He told City's club website: 'Well, I suppose the only thing I can say is we still don't have a ruling. Once there's a ruling, I'll be able to speak about it. Until then we just have to be patient, and it'll come, and we will talk about it, I promise you, once we have the ruling.' With the charges hanging over the club, they endured a difficult season, finishing third in the Premier League. It is just the second time in Pep Guardiola's career that his team has finished outside the top two of their division. City also failed to win a major trophy, though their third-place finish did ensure qualification for the Champions League. Al Mubarak has insisted City have learned their lessons and expects the club to be active players in the summer transfer market. 'I can tell you today, we have clearly identified who exactly are the targets, in what positions, and we have our clear number one option, our clear number two option,' he added. 'And we'll go about our business, and it will be very clear, very swift. Our objective is to try to be ready with the new squad for the Club World Cup. We will be back. This season is a season that's now behind us. Today is a new day. "We start working and preparing for next season. And by the way, we've been doing that since January. And we will take all the good things and the not so good things from this season and learn from it and improve from it and get better. 'And I can assure you, this Club will do everything possible to come back to the standards that we know we all can achieve and that we know, we will achieve. Because really, if there's one thing I'd like right now, it's to turn that page from last season and just immediately start focusing on next season.'
