Football League confirms Club has passed FFP
- HTAFC receives notice of FFP compliance
- Clubs allowed to lose £6m in 2014/15
- Terriers not subject to transfer restrictions in 2016
Huddersfield Town has received confirmation from the Football League that it has complied with Financial Fair Play rules during the 2014/15 season.
Accordingly the Club will not be subject to any sanctions and will be free to operate without transfer restrictions in 2016.
Financial Fair Play regulations in the Sky Bet Championship gave clubs a maximum Permitted Losses of £6m - consisting of a maximum adjusted operating loss of £3m plus a further maximum of £3m of shareholder investment - during the 2014/15 playing season.
“The Football League has confirmed the Club fulfilled the Financial Fair Play requirement last season,” Town’s Chief Executive Nigel Clibbens told htafc.com.
“We can focus on improving our position without the disruption and damage caused by external constraints and restrictions over our transfer activity.”
Following a change to Football League rules, Permitted Losses for the 2015/16 season increased to £13m.