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  • "
    Super_Clarets wrote:
    Well, well, well. Would you just look what we have here....

    Financial Fair Play is here boys and girls. A vote has been put to the clubs in the Championship with regard to relaxing the sanctions applied to non-compliant clubs. That vote has been understandably unsuccessful and therefore the rules as agreed upon by all clubs back in 2012 will now come into force, with sanctions imposed as of December 2014.

    The clubs who objected to the rulings are Leicester City, QPR, Nottingham Forest and Blackburn Rovers, much to the frustration of the deluded one above who thinks every team in the country is run as poorly as his own. Leicester City are now a Premier League club, QPR could also join them via the play-off's which leaves Nottingham Forest and serial over-spenders Blackburn Rovers.

    The truth, as hard is it is for no-dads to accept, is that the VAST majority of clubs have been getting their house in order progressively since 2012 when the rules were agreed. The two year adjustment period was time enough for clubs to handle any extortionate contracts, reduce the wage bill, sell higher earners, and begin the process of concentrating on youth development. All essential to correct the wrongs that have occurred all too frequently in football over recent years. The basic premise being to only spend what you earn, why is this such an alien concept to some?

    Clubs like Burnley began making preparations for FFP almost immediately and took steps to reduce the squad size and the wage bill whilst securing their important players on reduced contracts where possible, Ross Wallace being one example of this. Other clubs such as Brighton have also had to cut their cloth accordingly, as have many others who have suffered in terms of league position as a result.

    I see there are plenty of teary eyed no-dads above who are finally coming to terms with what WILL happen to their club, along with the usual head-in-the-sand brigade who simply reject the notion that their "famous" club will be dealt with so harshly.

    The simple fact is that Blackburn Rovers WILL have to restructure on a massive scale to become compliant with the rules, this process will take many seasons to complete. The excesses of years gone by are now causing major problems for a small club with an average attendance of only 14k following relegation.

    This combined with ridiculous contracts being handed out, i.e., Dickson Etuhu £35,000 a week, 4 year contract, Jordan Rhodes, £40,000 a week, Leon Best, DJ Campbell, David Goodwillie, etc,. is why you will suffer the most.

    A saving of around £25million must be made to align with the maximum loss figures quoted for this season, and as JC states above this is just the tip of the iceberg when you consider the further £8million deficit due to the parachute payment reduction this season, and the cessation of parachute payments all together after the 2015 season.

    There is a whole lot of trouble heading for Blackburn Rovers and the sooner people accept it the less of a shock its going to be.
    Are we pretending that you have only just joined the converstation?
    No one is fooled by your multiple accounts dingle..."
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Blackburn Rovers wait on FFP rules after changes rejected

Shaun Harvey

Shaun Harvey

First published in Sport

FOUR proposed changes to Financial Fair Play regulations for Blackburn Rovers and their fellow Championship clubs have been rejected.

Several unnamed clubs have threatened legal action against the regulations, which could see Rovers hit with a transfer embargo in January, but efforts to agree changes have failed.

The legal threat and concern over the impact of the new £23million parachute payments for the three clubs relegated from the Premier League led Football League bosses to review the regulations.

But all four proposals – three of them related to boosting the level of losses and owner investment permitted – were defeated in a vote by the 24 Championship clubs.

The fourth proposal was for the rules to be imposed based on ‘real time’ financial figures instead of the existing retrospective system.

But it too failed to attract the necessary 75 per cent backing.

According to Football League chief executive Shaun Harvey, other alternatives would now be examined.

Harvey said: “While a majority of clubs did vote in favour of each of the four proposals, they did not achieve the 75 per cent support required.

”We will now continue the positive and collaborative dialogue we have had with Championship clubs on this issue to see if there is any appetite for alternative forms of change.”

Rovers will suffer a transfer embargo in January if they do meet the existing regulations.

Existing FFP regulations state that Championship clubs can make a maximum loss of £3m for the current 2013-14 campaign.

That figure rises to £8m if a club’s owner is willing to convert the additional £5m into shares in the club.

Anything above £3m or £8m will result in a transfer embargo which would come into force on January 1.

The existing regulations permit Championship clubs to lose £6m next season, 2014-15, but £3m of that must be covered by owner investment.

There were three proposals to increase that allowance to either £10m, £11.4m or £12.8m.

Premier League chief executive Richard Scudamore has also expressed serious concerns about the existing system, which is based on just one year, while controls over the top-flight clubs take into account three years’ figures and allow more owner investment.

The first sanctions against Championship clubs will be announced in December based on accounts for the current 2013-14 season.

The existing FFP regulations were agreed in April 2012 by the overwhelming majority of Championship clubs. At that time Rovers were playing in the Premier League and therefore did not have a vote.

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