MX23RW : Thursday, December 12 09:51:38| >> :120:10743:10743:

Bournemouth facing fine, escape embargo

Bournemouth will be fined by the Football League for a breach of Financial Fair Play rules during the 2014-15 campaign.

Bournemouth have been informed that they will be fined for a breach of the Football League's Financial Fair Play rules.

According to the Football League's official website, in gaining promotion to the Premier League during the 2014-15 campaign, the Cherries exceeded the maximum permitted deviation of £6m.

However, they will only be hit with a financial punishment, rather than a transfer embargo.

"Champions AFC Bournemouth will face a financial sanction to be finalised in due course," read a Football League statement.

Meanwhile, a statement on Bournemouth's official website added: "AFC Bournemouth is fully aware of the Football League's proposed financial sanction relating to Financial Fair Play and is currently engaged in positive dialogue with the Football League to reach a satisfactory outcome.

"The club will update supporters when an outcome has been reached and will not be making any further comment at this moment in time."

Fulham, Nottingham Forest and Millwall have also been hit with similar punishments.

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