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Football League Financial Fair Play kicks off in time for the 2012-13 Championship season. There are no sanctions for breaching the regulations in the 12/13 and 13/14 seasons. Come the 14/15 season, a club that is in breach of the regulations will face sanctions. It can be fined (if the club is in the Premier League at the time of the decision) or be subject to a transfer ban (if the club remains in the Championship at the time of the decision).
A calculation table of fines has been published to enable clubs to understand the potential size of the penalty. Clubs who comply with the regulations will receive a share of any fines imposed on non-compliant clubs.
Please feel free to get in touch with Daniel should you or your club have any questions concerning the regulations.