Parish Questions FFP Compliance
Crystal Palace chairman Steve Parish has questioned Financial Fair Play compliance in the Premier League with the £1billion mark already broken in this summer's transfer window.
With that amount of spending only set to rise before the window slams shut at the end of August, Parish knows football has again gone to a new 'incredible' level of spending but speaking to BBC Five Live's Sportsweek show as quoted by the Croydon Advertiser Parish questioned whether or not FFP still existed given the levels of spending - because levels of revenue haven't risen the same way.
'The inflation in transfer fees and wages this transfer window has been simply incredible. There's this cliff edge of home grown players, people are struggling to fill the quota to get the number of players, it's an incredible market. Does it return to normal, have all the big guns gone first and the rest of us are now trying to bring some normality back to the market? I don't think so, it's like anything, if the most expensive house is more expensive, then the next one is more expensive and it drags everything up.'
Parish went on to say specifically about Financial Fair Play requirements.
'It's difficult to set budgets right now. What's returned to football are the big money owners, the win at all costs owners I like to call them, with almost bottomless pockets. I'd love to see how it all fits with Financial Fair Play, I just can't see how half of this fits, because the revenues of clubs haven't grown from last year.'
He quickly clarified.
'I'm not accusing people of anything, I just don't understand the numbers that some of the clubs are spending and how you can make that fit with Financial Fair Play. Are we enforcing it anymore? I haven't heard anything, I can't believe that everybody's adhering to it all over Europe. It was very much a Michel Platini thing, he chased people down on it and it feels like it's fallen by the wayside a little bit.'
FFP is certainly set to be a topic of conversation this year and it's easy to see why when you consider the size of the Neymar fee.