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What happened to Financial Fair Play

We haven’t heard a lot about Financial Fair Play in recent years and there is a reason for it.

In 2016 Premier League clubs have voted to continue their Short-Term Cost Control (STCC) rules; their name for Financial Fair play.  The updated rules came into effect from the 2016/17 season and apply for a three-year duration.

Clubs are able to increase their wage spending by £7m each season from 2016/17 to 2018/19 (an increase from the £4m a season during the old TV deal). Clubs can exceed this £7m cap if they generate increased revenue from commercial income, player trading and Match Day income called Club Own Revenue Uplift called (CORU).  

West Ham has generated significant CORU since its move to the London Stadium allowing it to go way beyond the £7m per year increase. The last published accounts for 2016/2017 show a wage bill of £95m but Karren Brady revealed in a newspaper article that the wage bill topped £105m last season.

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For this coming season, West Ham can spend £7m on top of that £105m plus any extra revenue they have generated.

Despite Felipe Anderson becoming the third player to earn over £100,000 per week West Ham will easily comply with Premier League STCC rules (FFP) for this coming season.

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

One comment on “What happened to Financial Fair Play

  1. thanks Sean i dont know much about ffp in fact i know nothting
    but that has helped alot
    but would be surprised if the board fell into that trap

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