Crystal Palace chief questions top clubs’ FFP compliance

Michael Graham
Steve Parish: Has high hopes for Crystal Palace

Crystal Palace chairman Steve Parish says he cannot understand how some football clubs are adhering to financial fair play rules given the large hike in transfer fees this summer.

Numerous Premier League clubs have broken their transfer records this summer, with multi-million figures becoming the norm and fees regularly surpassing £20million.

Financial fair play is linked to the revenue of clubs and designed to limit losses and control spending.

Parish told BBC Five Live’s Sportsweek programme: “What’s returned to football are the big-money owners, the win-at-all-costs owners, almost bottomless pockets.

“I’d love to see how it all fits with financial fair play, by the way, because I just can’t see how half of this fits with that because the revenue of the clubs hasn’t grown this year.

“I’m not accusing people of anything. I just don’t understand the numbers for some of the clubs that they’re spending, that are being quoted and how you can make that fit over a period with financial fair play.”

Parish is interested to see how the remainder of the transfer window pans out, but does not expect “normality” to return between now and August 31.

“This transfer window has been simply incredible,” he added.

“We’ll see what happens in the next two weeks. Does it return to normal? Have all the big guns gone first and then the rest of us are going to try and create some normality in the market?

“I don’t think so. I think it’s like anything. If the most expensive house is more expensive, then then next one down is more expensive and it drags everything up, so it’s difficult to set budgets right now.”