Oyston backs FFP introduction

Blackpool chairman Karl Oyston has backed the Financial Fair Play rules that will come into effect in the Championship next season.

Last Updated: 14/06/13 at 17:09 Post Comment

Karl Oyston: The Blackpool chairman has backed the FFP rules that will come into

Karl Oyston: The Blackpool chairman has backed the FFP rules that will come into

The forthcoming campaign will see second-tier clubs limited to the amount of losses they can make, with anyone losing £4million or more being hit with a transfer embargo or substantial fine.

Championship clubs amassed a net debt of £0.9billion last season and Oyston has voiced his support for the new structure.

"It's difficult for a player who has been used to earning five, six or seven thousand a week to be told the only offers available are for three, four or five thousand," he told The Blackpool Gazette.

"It's going to be difficult for a lot of those players to take a step back in their income but that's what's happening.

"At the moment players and agents aren't quite grasping that and are finding it difficult to accept. That isn't just at this football club, it's everywhere. It's not a club's choice to tighten things - it's now a regulatory necessity. Quite rightly it has been enforced.

"For far too long, people have run their businesses horrifically badly. These new regulations are the punishment for this, even for those of us who didn't run our businesses in that way."

Related News

Most Commented

Readers' Comments

N

ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

medina_sod
Allardyce leaves West Ham

I

thought exactly this when the Match of the Day pundits were peddling this line. Is it really not okay for fans of a club to have some ambition these days then?

damoceltic
Bored Of Big Sam? It's Your Right...

H

ow magnanimous off him - to leave if he's asked to by the owners? What's the alternative, bunker down in his office claiming squatter's rights if FSG want rid?

feed the bear
Rodgers: I'll go if owners want

Footer 365

FA chairman Greg Dyke says Sepp Blatter "has to go".

Football Association chairman Greg Dyke insists that "Sepp Blatter has to go as FIFA president".

Jack Warner has been arrested and bailed in Trinidad

Jack Warner has been arrested and will be released on bail in Trinidad and Tobago as part of the FIFA investigation.

FIFA president Sepp Blatter welcomes US investigations

FIFA president Sepp Blatter has issued a statement welcoming investigations by US and Swiss authorities

Mail Box

Vidic Is Part Of United's 'Budget XI'

We have post-2000 budget XIs on behalf of Manchester United, Liverpool, Chelsea and Spurs. Plus gaelic football, FIFA, more awards and the majesty of Il Fenomeno...

Europa League: Hardly The AIA Cup

A Spurs fan definitely isn't bothered his side aren't in the Europa League final tonight. Also, a warning about Michael Laudrup, and how to build a team with less than £20m.

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company