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Financial Fair Play


stacksbranning

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http://www.mirror.co.uk/sport/footba...erpool-1533554

Manchester United, Arsenal, Tottenham and Liverpool have submitted a written demand for UEFA's full financial fair play rules to be brought in to the Premier League.

According to the Daily Mail, a letter from the four top Premier League clubs has been sent to chief executive Richard Scudamore calling for full spending controls without wealthy owners at clubs like Manchester City and Chelsea being allowed to cover losses.

City and Chelsea are opposing any spending controls being brought in but it is likely the 20 clubs will agree on a compromise at their meeting next month, which will allow a fixed amount of losses to be covered by owners.

The letter from the four clubs, reproduced in the Daily Mail states: "Thank you for your continued work on the vital subject of Financial Regulation for the Premier League.

"However, we do not feel that the latest proposals go far enough to curb the inflationary spending which is putting so much pressure on clubs across the entire League.

"We
continue to believe that to be successful and have the best chance of gaining at least the 14 votes necessary, any proposals for Financial Regulation must include meaningful measures to restrict the owner funding of operating losses."

West Brom and Fulham also oppose any spending controls, while the remaining 12 favour some form of compromise solution.

 

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  • 1 year later...

 

Manchester City have been revealed as the best-paid team in world sport in a survey conducted by Sporting Intelligence and ESPN the Magazine.

City's first-team players earn on average $8.1 million (£5.3m) per year, putting them just ahead of two baseball teams, the New York Yankees and the Los Angeles Dodgers.
City's overall team payroll, of $202m, is the third highest, behind the Yankees and the Dodgers, who spent $241m on salaries, but the 2012 Premier League champions' average income is the highest.
 
It represents a 256% increase in salaries over the last five years at the Etihad Stadium, although the mean wage for a first-team player only rose 0.6% in the 2012-13 season.
Their biggest earners that year, when they were runners-up in the Premier League and the FA Cup and failed to get out of the Champions League group stages, included Carlos Tevez, Sergio Aguero, Mario Balotelli, David Silva and Yaya Toure.
 
The survey comes at a time when City's finances are under scrutiny amid reports they will fail UEFA's financial fair play (FFP) regulations, although the club are confident they will pass the test.
After City, the football clubs with the highest average salaries are Real Madrid and Barcelona, where players' incomes of $7.58m and $7.44m respectively put them fourth and fifth in the sporting world, while Bayern Munich are seventh.
 
Manchester United are the second Premier League club to feature on the list. They stood eighth after the average wage went up to $6.56m per year when they acquired Robin van Persie.
However, Chelsea dropped two places to 10th on the list after a 3% reduction in the average wage to $6.05m.
 
Arsenal, at $5.92m per player, were ranked 11th while the current league leaders Liverpool, at $5.17m, were only 20th.
Wigan, who won the FA Cup and were relegated last season, had the lowest average payroll of any Premier League club in 2012-13, with wages of $1.75m per player putting them 166th in the table.
 
The survey took into account 294 teams in seven sports, across 15 leagues and 12 countries, and covered 8,663 sportsmen who earned a total of $16.15 billion between them.
All figures for English, Spanish, Italian and German football clubs relate to the 2012-13 season.
 
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  • 3 weeks later...

Lawyer Jean-Louis Dupont has claimed that Uefa's Financial Fair Play regulations are against the law and feels European football's governing body will not achieve their objectives with the current rules.

The Belgian, who made a name for himself when defending Jean-Marc Bosman's right in what eventually led to the Bosman ruling in 1995, decided to challenge FFP at the European Commission back in May 2013 and he remains adamant that Uefa's plans don't comply with European law.

"The premise that you shouldn't spend more than you earn is a good idea, but Uefa's solution is not the answer. The public will love it, but you'd need an economic, political and legal analysis to explain why it's wrong. The system is inadequate and illegal under European law," Dupont told Le Parisien.

"The rules create a number of restrictions, like limiting investments and limiting transfers. Clubs will employ fewer players and will pay lower wages. It also affects the right of free movement of capital, workers and providing services.

"Uefa says football shouldn't be a contest of money, buy you can only laugh when you look at the teams that dominate the Champions League. These are the richest teams out there.

"Forcing clubs to balance their finances is interesting, but it doesn't achieve Uefa's purported objectives. This effectively forbids clubs to invest and blocks the development process. The rich clubs will continue to dominate. A rich investor can no longer take an average club and build it into a European force."

Uefa confirmed last week that nine clubs are to be investigated further over a possible failure to comply with Financial Fair Play guidelines, with Paris Saint-Germain and Manchester City believed to be among the aforementioned teams.

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50m fine for city

 

CL squad reduced to 21 players, 8 of which have to be locally trained.

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Lawyer Jean-Louis Dupont has claimed that Uefa's Financial Fair Play regulations are against the law and feels European football's governing body will not achieve their objectives with the current rules.

The Belgian, who made a name for himself when defending Jean-Marc Bosman's right in what eventually led to the Bosman ruling in 1995, decided to challenge FFP at the European Commission back in May 2013 and he remains adamant that Uefa's plans don't comply with European law.

"The premise that you shouldn't spend more than you earn is a good idea, but Uefa's solution is not the answer. The public will love it, but you'd need an economic, political and legal analysis to explain why it's wrong. The system is inadequate and illegal under European law," Dupont told Le Parisien.

"The rules create a number of restrictions, like limiting investments and limiting transfers. Clubs will employ fewer players and will pay lower wages. It also affects the right of free movement of capital, workers and providing services.

"Uefa says football shouldn't be a contest of money, buy you can only laugh when you look at the teams that dominate the Champions League. These are the richest teams out there.

"Forcing clubs to balance their finances is interesting, but it doesn't achieve Uefa's purported objectives. This effectively forbids clubs to invest and blocks the development process. The rich clubs will continue to dominate. A rich investor can no longer take an average club and build it into a European force."

Uefa confirmed last week that nine clubs are to be investigated further over a possible failure to comply with Financial Fair Play guidelines, with Paris Saint-Germain and Manchester City believed to be among the aforementioned teams.

 

 

Very good point

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Im just salty bruh

All that talent stock piling needs to be punished tbh

 

stockpiling that talent is a way around FFP, just look at the de Bruyne sale as an example

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  • 2 weeks later...

So much real talk.

As much as United are openly waiting eagerly for FFP to come into play I can't help but think its just a power move by the bigger clubs to keep the status quo in place.

It's totally ridiculous that at United and Arsenal you have owners who don't put money into their clubs at all and the fans have no love for sitting pretty and they're ok. Whilst at City you have a loved owner who has only put money in, being vilified by UEFA.

Football is eating itself, but hey. PSG & City are dibby dibby clubs who nobody will listen too.

I like nostalgia as much as anyone else but I can't say I dream of a return to watching United and Arsenal fighting for the league each season in a two horse race. With one other making an appearance in the debate every few years.

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The money clubs are fined is apparently withheld from their CL revenue and invested at grass roots level.

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Quinn makes some good points but it's pretty clear that UEFA are concerned about billionaire owners gradually turning the game into their own little competition in which the clubs able to afford bigger financial losses become the powerhouses. City have spent over £500 million net in 5 years comfortable with the knowledge that if it doesn't work out they can loan the player out, subsidise their wages and move on to the next like it never happened.

Quinn wants to give City credit for their recent transfer policy but were it not for FFP they wouldn't have been nowhere near as prudent because there would be no incentive to be.

Trying to compare Manchester Utd's sponsorship deals to City's is ludicrous, the former is one of the biggest sports brands in the world with a huge fanbase so it's only logical their sponsorship deals are substantially bigger.

Also the way he skimmed over the nature of their sponsorship deals as if it was just sour grapes from supporters of other clubs was a joke, these deals are completely bogus and nothing more than a way for the club yo get around FFP. They couldn't get anything close to the sponsorship deals they're getting from companies that weren't affiliated with the UAE.

I like the fact that City have invested in the local area and rejuvenated it in a way that the local authorities have failed to but it's a dangerous road to go down when you start factoring in things that extend beyond the game as a way of justifying a team breaking the rules. I'm sure that investment in facilities doesn't go against you in FFP anyway?

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Something definitley has to be done to curb/limit billionaire involvement but IMO this ruling is just a case of the big boys coming together and saying we have to stop any of these other clubs impacting upon the status quo. From a selfish point of view I should be all for it but if you were a supporter of a Stoke City or a West Ham, this is basically UEFA saying "The one way you guys were ever gonna be successful and a big deal is now gone"

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  • 3 months later...

Harry Redknapp: QPR boss critical of financial fair play rules

 

Harry Redknapp has criticised the Financial Fair Play system that could throw QPR's future into doubt if they are relegated from the top flight.
Chairman Tony Fernandes has indicated he would appeal against a fine from the Football League, which would be around £54m if losses for Rangers' promotion season matched the £65.4m in 2012-13.
If the club don't pay, the league can block entry to its competitions.
"Fair play would be everyone having £30m a year to spend," said Redknapp.

Rangers are expected to release their 2013-14 financial figures at some point before the end of November.
It has been argued relegated clubs are at greater risk of FFP penalties due to the huge wage costs associated with the Premier League.
QPR, who visit Manchester United on Sunday, were promoted to the top-flight after being relegated at the end of the 2012-13 season.
Their swift return to the top tier had the potential to cause the Football League (FL) difficulties as they could be left trying to collect fines from clubs who are no longer in their jurisdiction.
The FL governs the Championship, League One and League Two, as well as the Capital One Cup and Johnstone's Paint Trophy.
"To make it fair play we should be able to spend as much as Manchester United have spent before we play them on Sunday," added Redknapp on Friday.
"That would be fair play, wouldn't it?
"What is fair play because one club can spend £200m on a team and another might spend £8-10m on their team. That's not fair play really, is it?"
Meanwhile, Redknapp says he could sign a new contract with QPR on Friday or Saturday.
The 67-year-old former Tottenham manager has been in charge at Loftus Road since November 2012.
"Maybe today or tomorrow it will get done," said Redknapp.

 

 

 

 

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Gotta agree with him.

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