Exclusive: Millwall chairman backs Financial Fair Play change

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MILLWALL have been spared a series of transfer embargoes after changes to Financial Fair Play were voted through.

A 75% majority of Championship clubs agreed for rules on spending to be relaxed at an emergency meeting last week.

From next season, clubs in the second tier will be allowed to lose £13million-a-year – a whopping increase from £5m.



And that is good news for the Lions, chairman John Berylson has told the Southwark News.

Berylson said: "If the rules had stayed the same we absolutely would have been above the limit for several seasons. We would have been dead.

"This change takes us from being in violation of the rules to being out of violation. We'll be on an even keel."



The old regulations still apply for the remainder of this season, meaning Millwall's plans for the January transfer window won't be affected.

And the club will almost certainly be placed under a one-off embargo in a year's time because of the current £10.2m playing budget.

"It's likely we'll lose one transfer window," Berylson confirmed, "but after that we won't be penalised."

In the future, Berylson will have the option to spend "real money" on new players – but first he and manager Ian Holloway want to reduce the size of the squad.

"I'm not going to start losing £13m just because I can," he added.

"We have a lot of players on the payroll who aren't playing – that's millions of pounds tied up.

"Our budget is about £10m at the moment but I think we could make less stretch further next year by having a more efficient squad.

"That would leave all sorts of possibilities open because Ollie would then have room to sign somebody for real money – a ten or 15-goal striker.

"It means we can go for it once – and I can live with that. If we identify somebody that we really need, we will be able to go and get them."

Previously, bigger crowds at The Den were needed to increase Holloway's budget – and Berylson regularly appealed for more fans to come to games.

"I still need the fans but we’ve been at a huge disadvantage," he said. "We have great fans but not enough of them.

"The Cardiff and Blackburn managers both said that the passion of our fans is enormous, even though we don't get big crowds.

"A lot of clubs in the Championship get twice as many fans going to games but they're quiet, whereas our fans do a lot for the team.

"So changing the rules is a good move and gets us in line with how they do things in the Premier League."e

Alex Aldridge

(@accordingtoaldo)

25 thoughts on “Exclusive: Millwall chairman backs Financial Fair Play change

  • November 13, 2014 at 12:37
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    If we're still in the second tier next season!

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    • November 13, 2014 at 18:15
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      @TheBermondseyBomber: bit worried that the most ambitious talk is of signing a 10-15 goal striker , let's not push the boat out eh ?

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      • November 13, 2014 at 19:48
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        @southstandview: 5 years ago 20 goals strikers got the same attention, now 10-15 is deemed good

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  • November 13, 2014 at 13:19
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    With so many players contracts coming to an end at the end of this season, it gives Holloway the chance to get rid of big time charlies who are thieving a wage from the club... reducing the wage budget by Millions which will allow us to spend decent money on good players!

    The majority of the players who Holloway have brought in (Webster, Upson, Williams, Briggs, Gregory) are mainly for the future of the club so we don't have to keep signing loads of players each season when the others get too old, plus our youth will be playing a bigger part next season.

    I'm properly excited about getting this season over with, still in the championship, playing great football and really pushing on next season with hungry, young players while spending a lot less on wages and buying decent players!!

    The future is bright, the future is blue & white!!

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    • November 13, 2014 at 13:56
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      @Bradders: Yes, I'm with you on this one, Bradders!

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    • November 13, 2014 at 15:04
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      @Bradders: the only thing that bovvers me is that i dont think you can trust olly with tbe extra dosh.you name his good buys but were in this mess cos of all the other expensive unfit players he's brought in.DJC the hof to name just 2.

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      • November 13, 2014 at 15:49
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        @Jim28: The Hoff was brought in to do a job on a contract until the end of the season, he done that job and helped us stay in the championship.

        I'd like to hear what expensive unfit players he signed... who are still here?? Lomas signed players who are still unfit to play and aren't effective.... Bailey, Chaplow, Hoyte and Byfield!! DJC and Simeon Jackson were pony, but they are not here now and left at the end of last season!!

        His long term signings have all been particularly good.

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      • November 13, 2014 at 19:46
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        @Jim28: gotta say Jim I thought the Hoff was good for us whilst we had him. Ollie has had any long term signings I can think of that haven't worked out. Martinez has been unlucky with injury but isn't he on a short term deal anyway?

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  • November 13, 2014 at 13:47
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    Good thinking Batman...it makes real sense

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  • November 13, 2014 at 14:08
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    I like the part about efficiency, if Ollie's had his hands tied and there's a chance to loosen it up then that's a great thing. Good attractive football should get the turn styles ticking over and generate much needed revenue for the club. But yeh, look at the squad, trim the fat and get this show on the road. Sounds good.

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    • November 14, 2014 at 07:17
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      @grassgrower:
      To be fair, our current attendances match our results and it is ONLY results which will change that. And even if we were challenging the top 6 we'd still only get about 13k at home most weeks, history doesn't lie it's always been the same.

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  • November 13, 2014 at 14:52
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    I've always said that running a championship club needed more then the stupid exstraints placed upon most clubs in this league..this league has got bigger in talent & profile ..

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  • November 13, 2014 at 15:49
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    It doesn't matter how much money we have to spend if we don't get in the right players for us. Go back 10 years and tell me the best player we signed? Our transfer policy seems to be gamble and see what happens and more often than not we end up rejects that no one else wanted. I was genuinely excited when we signed Lee Gregory cause it seemed as though we beat off a lot of competition to sign a 20 goal plus striker which we have been in need of since Morison went to Norwich. For some reason all of our transfer targets are made public which then alerts every club in the country that there is someone to sign.

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    • November 13, 2014 at 16:12
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      @Jimmy Abdous Hip: I agree, unfortunately though every club knows what the others are up to.... Halifax would have touted Lee Gregory about to get the best possible deal for the club.

      For instance when we tout Hoyte about and Iceland, Aldi come knocking, we try and get the best deal possible so contact M&S and Waitrose to see if they want a bit of him as well....

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  • November 13, 2014 at 16:10
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    Sounds good.

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  • November 13, 2014 at 16:29
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    This is good news to me.
    Otherwise that FFP was going to give us no chance of growing.
    A smaller squad is definately the right way forward as John Berylson rightly says.
    As said above we need to survive this season and that will free up some serious funds for a rebuild plus some extra funds from the chairman if Holloway wants a particular player for a fee.
    I know he is not helping his cause but I hope we can all get behind the manager and team and help them survive this season. I 'd take fourth from bottom right now as would most I expect. This is a transitional season and we just need to survive it.
    I know there are problems with the manager but I am enjoying the type of football that we play and I really want him to be here next season and to get his own players in. He is passionate like us and just as barmy probably but I think given time he could take us on to bigger and better things.

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  • November 13, 2014 at 16:47
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    This FFP is a load of c**p , how can it be fair , when 3 teams from the premiership come into the Championship with parachute payments to the tune of millions compared to the rest of the championship , well apart from the previous 3 if they dont get promoted straight away & as i believe they also get another payment , so as a league its a laugh to suggest FFP in the Championship.

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    • November 13, 2014 at 17:12
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      @Jingles: there's more then 3 on parachute payments.reading and wigan are in the 2nd season of there payments.so straight away there's 5...then you got the likes of derby who will get big gates.simply cos there the only team in derbyshire..it should never of been brought in for the top english league

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      • November 13, 2014 at 20:19
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        @Jim28: they also spend this earache payments on new squad members. The whole point of it is to protect clubs that come down with Prem squads on Prem contracts. They should be forced to spend that money on maintaining existing contracts only, not funding additional player acquisitions after they have been relegated.

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      • November 14, 2014 at 07:20
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        @Jim28:
        Agree with the point, although Chesterfield is in Derbyshire too.

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      • November 14, 2014 at 16:56
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        @Jim28: totally agree Jim , how can it be fair , as you say this season 5 teams receiving milllions from what is basically a sugar daddy source , however the rest of the league can have their hands tied, you can look forward to saying that the 3 teams that come down have to be favs to go straight back up again

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  • November 13, 2014 at 20:34
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    Likely to lose a transfer window?!!!!

    Devastating news for all over the hill, injury plagued players everywhere.

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  • November 13, 2014 at 22:52
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    This is great news! It's about time we got a break - makes a nice change to getting a kick up the b*ll*cks from every angle! Onwards and upwards - just got to get through this season. COYL.

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  • November 14, 2014 at 21:41
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    Reading between the lines does this now mean we have a real possibility of signing Jimmy Bullard when he returns from the jungle ?

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  • November 15, 2014 at 10:27
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    You can talk about the ffp & what effects it has on our club all day long but if the fans can't be bothered to get off there a*** & get down to the den then we will never be able to sign the players we want.

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