Summary: In this article; the following issue is that England Championship clubs making losses of more than £6m will be fined millions of pounds or put under a transfer embargo from the 2014-15 season. It is said that Three of the 24 clubs voted against new regulations to limit investment from owners and curb total spending.
The changes will also prevent owners from funding their clubs through loans.
Clubs promoted to the Premier League that fail to adhere to the amendments must pay a fair-play tax on their losses, ranging from 1% on the first £100,000 to 100% on anything over £10m. Clubs relegated to the Championship will not be subject to sanctions in their first season as long as they have met their financial obligations under Premier League regulations.They would, however, have to pay the fair-play tax if they did not comply with the new regulations and got promoted. The new regulations are based on Uefa'sbreak-even model of Financial Fair Play and come after the Football League's research revealed the 72 clubs of the Championship, League One and League Two are on course to accumulate £2bn of debt.
Link: http://www.bbc.co.uk/sport/0/football/17841566
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