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A Treatise on FFP and Football Finance

The 2011/12 football season is revolutionary in more ways than one. Not only are we seeing the rise of the next great Manchester United team under the stewardship of Sir Alex Ferguson, and not only is Joey “Nietzche” Barton now the captain of QPR, but this season represents the first in which football clubs finances come under the scrutiny of the much talked about UEFA Financial Fair Play Regulations (FFPR).

As you’d expect, FFPR is a subject that has thus far caused much discussion, controversy and confusion. Based on my jaunts to the pub and yonder, many good folk appear to understand what the general rules are (that, financially, clubs have to break-even), but beyond that their knowledge has been clouded by ignorant reporting and wishful thinking. Many City fans would have you believe that because of United’s Glazer induced debt, we have no chance of complying with FFPR, and many United fans would have you believe that, due to mass transfer expenditure by the Lottery Winners (City) in recent years, the Gorton Globetrotters too have little chance of complying with said regulation.

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