When we have discussed the potential impact of Uefa’s financial fair play rules on top clubs, we have often referred to Manchester City. But as a revitalised Blackburn Rovers aims for a place in European competitions, it too needs to get its financial house in order if it is not to fall foul of the new rules.
When we have discussed the potential impact of Uefa’s financial fair play rules on top clubs, we have often referred to Manchester City. But as a revitalised Blackburn Rovers aims for a place in European competitions, it too needs to get its financial house in order if it is not to fall foul of the new rules.
The last set of accounts for Rovers showed wages to be 80 per cent of turnover. Recent big name signings have undoubtedly pushed that figure up. The rules require clubs to spend no more than 70 per cent of their annual wages on turnover, as well as making only a small loss.
Admittedly, Blackburn’s wages figure is well short of the 107 per cent at Manchester City. It should also be possible to increase turnover through attracting more sponsorship and boosting attendances, goals that will be easier to achieve with greater success on the pitch. Nevertheless, action on the financial front will be needed sooner rather than later.