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Showing posts with the label FFP

Financial Fair Play – is it a level playing field?

I'm delighted to welcome back Stu Radnedge to the pages of The Exiled Robin to analyse the potential impact of the forthcoming Financial Fair Play regulations in light of City's latest jaw-droppingly large annual loss and the redirection clearly signalled from the top. Over to Stu...  The £14.4m loss recorded by Bristol City , in the financial year ending May 31 st 2012, was described by our Chairman as reflecting “a disappointing and difficult year for the club” and he went onto explain that it “illustrates how much work is required… to comply with the new Financial Fair Play (FFP) regulations”. So what is FFP? Basically my interpretation is it will ensure football clubs are run more like a business – a good, solid business.   A business that can make a loss, but only up to a specified amount. It applies to all three leagues (Championship, League One and Two), although the first will adopt a “ breakeven approach ” according to the football league’s website, whic...