Insights, analysis and events

from Lagom Sports Compliance

Tracking the practical implications of EU 2024/1624, football governance developments, enforcement trends and the compliance issues that matter to clubs, agents and their counterparties.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

Agent fees, amortisation and the 70% trap: how transfer window decisions drive UEFA financial sustainability risk

Clubs spent a record USD 1.37 billion on agent fees in 2025. Every pound of that sum sits in the numerator of UEFA's Squad Cost Rule. Combined with wages and transfer amortisation -- the other two numerator components -- agent fees mean that a single active summer transfer window can move a club's squad cost ratio by several percentage points in the space of six weeks. This article explains precisely how that happens, why it matters, and what a compliance-aware transfer window strategy looks like.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

UEFA's escalating consequence model in practice: examining the Aston Villa June 2026 decision

Aston Villa's outcome from the UEFA CFCB monitoring cycle of 30 June 2026 is the most instructive single data point in European football's regulatory landscape this summer. It is the only English club to receive a significant breach finding under the Squad Cost Rule, the only English club to face a List A registration restriction for a UEFA competition, and -- at €22.5 million -- the largest conditional fine imposed on any English club in the current enforcement cycle. Used correctly, the Villa decision is a precise illustration of how UEFA's escalating consequence model actually functions. This article explains it.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

How UEFA financial sustainability rules interact with the IFR licensing regime: what English clubs in both frameworks need to know

English football clubs are the only clubs in the world simultaneously subject to UEFA's Club Financial Control Body monitoring and the Independent Football Regulator's operating licence regime. Two regulators, two financial sustainability frameworks, two sets of information requirements, two sets of deadlines -- with some objectives that reinforce each other and others that pull in different directions. This article maps the intersections, the tensions and the compliance implications of operating in both simultaneously.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

The UEFA CFCB settlement agreement: what it is, what it commits you to and why it is not a get-out

When Newcastle United and Juventus entered settlement agreements with UEFA's Club Financial Control Body in June 2026, some coverage framed the outcome as a deal struck, a fine agreed and a matter resolved. That framing misunderstands what a settlement agreement is. It is not a resolved matter. It is the beginning of a three-year compliance programme, with annual targets, public reporting obligations and escalating consequences, up to and including exclusion from UEFA competition, if those targets are not met.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

The UEFA Football Earnings Rule: what replaced FFP, how the three-year test works and why Newcastle fell foul of it

UEFA's Financial Fair Play rules are gone. In their place sits a more sophisticated, more demanding framework: the Football Earnings Rule, which assesses a club's financial sustainability across a rolling three-year period and permits aggregate losses of up to €60 million before triggering a significant breach. Newcastle United became the first English club to be sanctioned under the FER in the June 2026 enforcement cycle. This article explains what the rule requires, how it differs from FFP, and what clubs need to understand about managing their position across a three-year horizon.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

The UEFA Squad Cost Rule explained: what the 70% cap means, how it is calculated and why clubs breach it

Four Premier League clubs breached the UEFA Squad Cost Rule in the 2025 calendar year. The rule itself, a 70% cap on aggregate squad costs relative to relevant revenues, is deceptively simple in concept and genuinely complex in application. This guide explains precisely what it requires, how the ratio is calculated, what counts in the numerator and what does not, and what the consequences of a breach look like in practice.

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UEFA Club Licensing 2025 Jonathan Greenstein UEFA Club Licensing 2025 Jonathan Greenstein

UEFA financial sustainability regulations 2025: what the June 2026 enforcement round means for English football

On 30 June 2026, UEFA's Club Financial Control Body published the outcomes of its club monitoring process for the 2025/26 season. Fourteen clubs across European football were sanctioned. Four were from the Premier League. This is what happened, what it means and what clubs need to understand about the framework that produced these outcomes.

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