New allegations have come to light regarding Everton and Nottingham Forest. The current regulations were voted on and approved in February 2013.
The rule of ‘fair play‘The financial (fair play) of the Premier League is under suspicion for having become outdated, without taking into account inflation or the change in football’s paradigm, and for the implications it is having on the competition, after the new accusations that have emerged to the light on the Everton and the Nottingham Forest.
The current regulations were voted and approved in February 2013, more than a decade ago, and allow clubs to present losses worth 105 million pounds (about USD 133 million) over three years. If this limit is exceeded, clubs could face economic or sporting sanctions, as happened to Everton, the first team affected by this rule.
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The ‘Toffees’ lost USD 124.5 million in the 2021-22 season and were deducted ten points, the biggest penalty in the 32 years of Premier, above the nine points that Portsmouth lost due to declaring bankruptcy in 2010.
Now Everton is once again in the spotlight, due to the losses of the last four seasons, the same case as Nottingham Forest, both accused of financial irregularities by the Premier in a new case opened this week. Before April 8, an independent commission will have to decide the punishment, if they are guilty.
Wolverhampton Wanderers also confirmed, through their coach, that if they had not gotten rid of players like Matheus Nunes in the summer, whom they sold for £60 million to City, they would have also had problems complying with the regulations.
Added to this is the ongoing investigation into Chelsea, for falsifying accounts to avoid financial fair play, and the 115 accusations that weigh on Manchester City and for which a trial date is already known, although the president of the Premier, Richard Masters, assured that it is confidential.
It was the Premier clubs themselves that approved the current fair play rules in 2013, the problem is that these have become outdated.
In a decade, it is indisputable that the football scene has been transformed and that a signing cannot be measured in the same terms in 2013 as in 2023.
As an example, the most expensive signings of the 2012-2013 season were Eden Hazard, for whom Chelsea paid 35 million to Lille, Oscar, from Internacional to Chelsea for 30 million and Robin Van Persie, for whom Manchester United paid 30 million. million to Arsenal. Last summer, alone Moisés Caicedo He was worth 120 million in his move from Brighton & Hove Albion to Chelsea.
Football has increased its spending power, mainly due to television rights. The agreement between 2007-2008 and 2010-2011 was valued at 1,000 million pounds, the last one signed, between 2025 and 2029, went up to 6,700 million. However, the ‘fair play’ limit has been maintained.
In a country where inflation In a decade it has shot up 33%, the Premier League has put reform aside.
“If the limits of financial fair play had been aligned with inflation in football since 2013, clubs should be able to lose £218m over three years,” said football economist Kieran Maguire, one of the most reputable in the United Kingdom.
With that figure, Everton would not have been sanctioned for its accounts for the 2021-2022 season. In turn, the ‘Toffees’ can do little about the rule, since they voted in its favor in 2013.
Given the current situation, with three clubs accused of breaking the rules, perhaps it is time for the teams to raise their voices and try to reform legislation that only widens the differences between the biggest and the smallest. Without the possibility of investing more, clubs that are trying to reach the elite, such as Unai Emery’s Aston Villa, may remain halfway.
2024-01-19 02:01:58
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