Spanish court strikes blow at financial fair play

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We have argued for some time that financial fair play (FFP) rules at the European and domestic level are open to legal challenge.   In an order of November 17th the Spanish Commercial Court has struck a blow at the rules of La Liga on FFP.

La Liga had penalised Getafe by preventing them from playing Pedro León.   They argued that by doing so it would have exceeded the total amount of money it could pay to players under the Spanish FFP rules. The Court was asked for an interim measure to allow him to play.

Bury involved in high interest loan

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Journalist David Conn is a past master at ferreting out worrying financial developments and in football and has written an interesting in depth article about developments at Bury FC.

Bury have always struggled in the shadow of the two big Manchester clubs and their last set of accounts showed a £724,688 loss on income of £2.7m.    Property developer Stewart Day had to step in to settle their latest financial crisis.