Podcast: Financial Fair Play in Football
In SportingLinks’ first podcast, Linklaters’ finance and dispute resolution experts and Thomas Horton of 3 Hare Court discuss the financial fair play regulations of UEFA club competitions and the English Football League. We take a look at how these regulations apply to clubs, recent changes to such regulations, their impact on how football clubs finance themselves and what the future holds.
- Mark Warren (Moderator) – Linklaters, Managing Associate, Banking, Amsterdam
- Jason Shardlow-Wrest – Linklaters, Managing Associate, Dispute Resolution, London
- Kalin Ivanov – Linklaters, Associate, Banking, Frankfurt
- Thomas Horton – 3 Hare Court Chambers, Barrister, founder of the website Football Law
UEFA – Financial Fair Play Regulations
- How does FFP work?
- What is the FFP enforcement process and what trends have we seen in enforcement?
- What does the future hold for FFP?
- What adjustments have been made to FFP for Covid-19?
EFL Championship – Profitability And Sustainability Rules (P&S)
- How does P&S work?
- What is the P&S enforcement process?
- What has been the impact of P&S on EFL football?
Considerations in Loan and Sponsorship Agreements and Transfers
- How are related party transactions treated under financial fair play regulations?
- What factors are there to consider in relation to loans and other external financing?
- How are player purchases and player sales treated differently under accounting rules?
EFL League 1 and EFL League 2 – Salary Cap
- How does the Salary Cap work?
- What is the Salary Cap enforcement process?
- What could be the impact of the Salary Cap on EFL football going forwards?
- What has been the initial response to the Salary Cap being introduced in the EFL?
- Introduction (00:00-01:37)
- UEFA – Financial Fair Play Regulations (01:38-18:10)
- EFL Championship – Profitability And Sustainability Rules (P&S) (18:11-31:48)
- Considerations in Loan and Sponsorship Agreements and Transfers (31:49-42:03)
- EFL League 1 and EFL League 2 – Salary Cap (42:04-1:02:08)
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