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Financial Fair Play

milo said:
My understand is that the dodgy sponsorship is what PSG and City have fallen foul with and that UEFA valued them at half what they were officially worth.

The fine will have to be included in next year's accounts, so presumably it will count next year.

UEFA have always said that banning clubs from European competition was the final sanction. I think that this a pretty tough marker and could cause Liverpool to think twice because they would have been in breach this season, if they had qualified for Europe.
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Cheers. I think I heard there are some wage caps too. Not sure of the details though.
 
Where is the sense in fining us such a large amount of money? "You're so far from breaking even! Here, add another £50m to the deficit to make it more difficult and so we can fine you again next year"
 
SWP29 said:
Where is the sense in fining us such a large amount of money? "You're so far from breaking even! Here, add another £50m to the deficit to make it more difficult and so we can fine you again next year"
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You are right. They should have just chucked you out.
 
SWP29 said:
Where is the sense in fining us such a large amount of money? "You're so far from breaking even! Here, add another £50m to the deficit to make it more difficult and so we can fine you again next year"
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I'm sure they won't count this season's fine towards your total before they fine you again next year.
 
According to our information, the PSG, the spotlight on the issue of financial fair play, fell agree with UEFA on a moratorium provides four penalties.

In the crosshairs of UEFA about financial fair play, PSG know sanctions weekend. According to our information, the investigation chamber of the proceedings of the Club Financial Control (ICFC) has provided four: it will ask the club from the capital supervision of its payroll, the highest in Europe (240 million euros), which will no longer increase in sanctions. PSG will also limit its transfers: it may well pay 60 million euros to buy a star, but can not spend the money to one player without payroll increases.

Then, the PSG will absolutely sell before buy on the transfer market. There may register only 21 players in the Champions League, against 25 competitors. This will complicate the task of the Parisian training, because UEFA regulations state that eight of them are trained locally. Finally, it will be subject to a fine of 60 million euros over three years, it goes with the obligation to reduce its deficit to € 30 million by the end of next season. The level normally accepted by UEFA at the end of the 2014-2015 season is $ 45 million. A final agreement was reached with the PSG on these sanctions, which avoids see the file referred to the trial chamber of the ICFC. At the risk of his punishment worse.

http://www.lequipe.fr/Football/Actualites/Quatre-sanctions-pour-paris/462690

If they are being fined for pumping money into the club, sugar daddy style, it makes sense that some of that money is taken away from them.
 
SWP29 said:
Where is the sense in fining us such a large amount of money? "You're so far from breaking even! Here, add another £50m to the deficit to make it more difficult and so we can fine you again next year"
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Strange question...

This was a potential punishment known about years in advance and you failed to comply, this is not the time to play the victim.

The fine is not intended to help you in your current predicament, would be some punishment if that was the intention. But it sends a message to clubs like Liverpool that might have to comply next season, preventative effect. If the fine wasn't severe what would be the point?

The size of the fine might also be related to your attempt to circumvent the regulations. Although it's also very possible that it's a starting point in the negotiations that will be happen and that UEFA are starting this high as a strategy.

Has it been confirmed that this fine will be included in the deficit for next season?

Jordinho said:
According to our information, the PSG, the spotlight on the issue of financial fair play, fell agree with UEFA on a moratorium provides four penalties.

In the crosshairs of UEFA about financial fair play, PSG know sanctions weekend. According to our information, the investigation chamber of the proceedings of the Club Financial Control (ICFC) has provided four: it will ask the club from the capital supervision of its payroll, the highest in Europe (240 million euros), which will no longer increase in sanctions. PSG will also limit its transfers: it may well pay 60 million euros to buy a star, but can not spend the money to one player without payroll increases.

Then, the PSG will absolutely sell before buy on the transfer market. There may register only 21 players in the Champions League, against 25 competitors. This will complicate the task of the Parisian training, because UEFA regulations state that eight of them are trained locally. Finally, it will be subject to a fine of 60 million euros over three years, it goes with the obligation to reduce its deficit to € 30 million by the end of next season. The level normally accepted by UEFA at the end of the 2014-2015 season is $ 45 million. A final agreement was reached with the PSG on these sanctions, which avoids see the file referred to the trial chamber of the ICFC. At the risk of his punishment worse.

http://www.lequipe.fr/Football/Actualites/Quatre-sanctions-pour-paris/462690

If they are being fined for pumping money into the club, sugar daddy style, it makes sense that some of that money is taken away from them.
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That might open up some interesting avenues... With several clubs around the continent probably slightly scared by UEFA's sanctions if they hold up this could somewhat turn the market towards a buyers market.

If we're not happy with just having one Lamela we could add Pastore to our roster.

Or, much better, we could go for Marco Verratti. Might just be low enough profile that he's one they will let go?
 
Jurgen the German said:
I'll take notice when the ban these teams, not just fine them.
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They've always said that banning clubs from European competition was the ultimate sanction and there would be fines and other penalties first. I think that the action being talked about against Emirates Marketing Project and PSG is quite severe and likely to act as a deterrent. It will be interesting to see what will happen if a club continues to ignore the rules and posts losses in in excess of the limits for several seasons in succession.
 
SWP29 said:
Where is the sense in fining us such a large amount of money? "You're so far from breaking even! Here, add another £50m to the deficit to make it more difficult and so we can fine you again next year"
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Just dont have to enter the competition.
Everton would be happy to take your place.
 
Are they going to look in CFC's ridiculous deal with Gazprom, Gazprom being CFC's main european energy supplier
 
The dodgy thing is Gazprom became an official UEFA sponsor of the Champion's League around the same time they started sponsoring Chelsea.
 
Gazprom sponsor Schalke too and own Zenit St Petersburg.

I am sure that the value of the deal will have been looked at, over valued sponsorship deals is one of the things that PSG and Emirates Marketing Project have been pulled up for.
 
Modric THFC said:
The dodgy thing is Gazprom became an official UEFA sponsor of the Champion's League around the same time they started sponsoring Chelsea.
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And at the same time Chelsea won the Champions League, and when Russia won hosting of the world cup!.


It will be amazing if the £49m fine does need to be paid by City and not the Sheiks. Basically its a cull of 100m.. the fine and the shortfall from the right money value from the sponsorship that they now need to generate from legit areas.

So for a major sugar daddy.. am I right in thinking they can buy Utd.. spend 500m on players with massive sign on fees to reduce wages to 80k a man, then enter the champions league the year after.. with no fines coming.
 
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milo said:
My understand is that the dodgy sponsorship is what PSG and City have fallen foul with and that UEFA valued them at half what they were officially worth.

The fine will have to be included in next year's accounts, so presumably it will count next year.

UEFA have always said that banning clubs from European competition was the final sanction. I think that this a pretty tough marker and could cause Liverpool to think twice because they would have been in breach this season, if they had qualified for Europe.
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Surely not, I thought Liverpool done it the right way without spending millions they didn't earn?! Or is that just the narrative we'd been fed the last 4 months?
 
Sorry I don't see how fining Emirates Marketing Project and PSG is really a deterrent? After all they are spending this funny money to begin with, surely the Sheikh will just laugh off another 50m. Wake me up when they ban teams from competitions or give them a points deduction that's the only way anyone will take this seriosuly
 
clevelandspur said:
Sorry I don't see how fining Emirates Marketing Project and PSG is really a deterrent? After all they are spending this funny money to begin with, surely the Sheikh will just laugh off another 50m. Wake me up when they ban teams from competitions or give them a points deduction that's the only way anyone will take this seriosuly
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Let's not kid ourselves here, £50m isn't pocket lint for the Sheikh, Abramovich or even Jordan Belfort!
 
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