Stoke City CEO thinks FFP rules should be changed
2 December 2019
Stoke City's CEO, Tony Scholes, finds the Financial Fair Play rules objectionable.
The club's owners are willing to invest but the rules prohibit them from doing so.
FFP rules dictate that a Championship club may not post cumulative losses exceeding £39 million over a three-year period.
Recently, Stoke City reported a pre-tax loss of more than £30 million.
Stoke City's CEO, Tony Scholes, thinks that the rules of Financial Fair Play were poorly conceived, and he feels they are overly restrictive.
The Coates family, who took over ownership in 2006, are willing to make substantial investments to get the Potters back to the Premier League, but they are unable to do what is needed because of the limitations imposed upon them by the rules.
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