Finance Expert reacts to potential FFP changes with Everton in spotlight
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Everton...
Dan Plumley has insisted that the life of the Premier League could be made much easier with real-time monitoring of Financial Fair Play rules as changes have been mooted.
The Finance Expert did admit though that no real punishment has been passed out for breaches, with Everton one of the latest clubs under the spotlight.
It is said that the Premier League could step in much earlier to apply punishments if these changes were applied as part of the independent regulator, which could be vital in the long run.
“That is certainly one of the reasons to have real-time monitoring,” he exclusively told Goodison News.
“If you were going to do it, you’d need to monitor it in real-time. It gives the league authority to step in earlier rather than looking back retrospectively and applying punishment.
Subscribe to Football Insider TV now
“For me, it’s a positive if you’re going to monitor clubs in real-time, it’s resource intensive but vital. Again, that’s one thing that would improve the system, but we’ve seen, what we perceive to be breaches in the past that have gone unpunished so it’s one thing having those regulations and punishments there, but it’s another thing actually going through with them.
“This is something that should make the Premier League’s life easier in that regard.
“We’ve not seen City, Everton was rumbling along last year, Burnley and Leeds were going to complain and it all just goes away so we’re yet to see any real Premier League punishment from FFP.”
After Leeds and Burnley threatened action at the end of the 2021-2022 season, it came to light that Everton had been in regular contact with the Premier League over their losses.
That is smart management really, and it ensured that no action was taken with the accounts going back to the COVID-19 seasons when finances were hit.
This is certainly one to watch in the future though, with the club’s finances not exactly getting better any time soon.