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Daily Mirror
Daily Mirror
Sport
Ricky Charlesworth

Championship set for 'radical overhaul' to financial fair play rules and follow Uefa model

Financial fair play rules in the Championship could undergo a 'radical overhaul'.

At present, clubs in the second tier have a £39million threshold for losses over a three-year period. Exceeding this limit comes with punishments, including possible points deductions. Now, a report by the Telegraph claims that this method will be replaced by cost controls similar to Uefa's new plan to keep expenditure within 70 per cent of revenue.

It says talks are ongoing between the Premier League and English Football League (EFL), with both awaiting the Government's verdict on the Tracey Crouch review of regulation before making any changes. Rick Parry, chairman of the EFL, told the publication: "We're totally committed to both - better regulation, but provided it goes hand in hand with a rethink on distribution."

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