Guest Posted February 26, 2014 Report Share Posted February 26, 2014 Teams scrambling to get into the Premier League say unfair rules will harm their chances of promotion by deterring investment • Clubs make legal threat to Football LeagueThe Football League Championship's financial fair play rules, which have been threatened with a legal challenge by "several clubs" who have not identified themselves, were introduced in April 2012 to address the huge losses sustained by many clubs in a division most are desperate to escape. Gaining one of three precious promotion places, in a fierce competition of 24 clubs playing 46 league games, is customarily done by paying lucrative wages to attract the right players, which makes it difficult for allclubs to keep their spending under control.The "parachute payments" made by the Premier League to cushion the financial blow of relegation for its clubs, now up to £59m over four years, hugely more than the other Championship clubs receive from their TV deal, further inflate wages. Continue reading...View the full article Quote Link to comment Share on other sites More sharing options...
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