Completely agree - we get CL and it will be 550/600M the following year. 4th is pivotable for so many reasons, if we can hold Goons/Chelsea at arms length it only creates stress for them. For the first time in my adult life, I think we have a chance of winning the league in the next ten years (I know Poch worked wonders but never looked forward thinking we can win it)
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Completely agree - we get CL and it will be 550/600M the following year. 4th is pivotable for so many reasons, if we can hold Goons/Chelsea at arms length it only creates stress for them. For the first time in my adult life, I think we have a chance of winning the league in the next ten years (I know Poch worked wonders but never looked forward thinking we can win it)
8M behind on revenue last year despite Utd being fucking appalling. Football wise no brainer…… but Liverpool will drop off at some point. Their signings have been incredible and that won’t last forever. I remember SAF saying signings are 50/50
Would be good. But UEFA have had rules in place for probably a decade which they do not appear to have been able to enforce.
Financial fair play: all you need to know
What is financial fair play? How does it work? What is it trying to achieve and why does UEFA believe it will improve the overall financial health of European club football? Find out here.
www.uefa.com
5) Are owners allowed to inject money into their club as they like or through sponsorship?
If a club's owner injects money into the club through a sponsorship deal with a company to which he is related, then UEFA's competent bodies will investigate and, if necessary, adapt the calculations of the break-even result for the sponsorship revenues to the level which is appropriate ('fair value') according to market prices.
Under the updated regulations, any entity that, alone or in aggregate together with other entities which are linked to the same owner or government, represent more than 30% of the club's total revenues is automatically considered a related party.
That's meant to be the case for years, it was in the last version of ffp
UEFA Executive Committee approves new financial sustainability regulations
Executive Committee approves first major reform since 2010.
www.uefa.com
BTW the regulations are now called 'Financial Sustainability regulations' - so the notion of 'fairness' has gone, its now more focussed on football clubs not going bust.
Am I being cynical in thinking UEFA will be less inclined to evaluate the 'fair value' of some commercial sponsorship contracts, and more just interested in the money/revenue being received - even though the phrase ' requirements to ensure the fair value of transactions,' is included ?
I don't know if we can saw for sure if they were actually inclined at any point in time to seriously look at the "fair value" of sponsorships. I think it actually looks worse to establish rules and not really enforce them rather than just forgetting about them altogether.
Big problem is to evaluate the real commercial value of commercial sponsorship values - I think UEFA had several 'experts' who submitted evidence that certain 'related party contracts' were worth a couple of million rather than the tens of millions claimed - but not sure if UEFA chickened out or CAS in accepting the huge (10 fold + ) difference in valuation ?
At Top of European Soccer, Fears That Rules Don’t Apply to All
When the Paris St.-Germain president avoided punishment in a UEFA investigation, some worried that his power and his friendships were producing special treatment.
At Top of European Soccer, Fears That Rules Don’t Apply to All
When the Paris St.-Germain president avoided punishment in a UEFA investigation, some worried that his power and his friendships were producing special treatment.
Oh no, what will state owned PSG do now they've been fined a whole £8.6m?
Fuck, that's like fining one of us about 50p.
PSG one of eight clubs fined for Uefa rule breaches
Fuck, that's like fining one of us about 50p.
PSG one of eight clubs fined for Uefa rule breaches
Ambrabitch sponsored the training bibs for £100m a year. cuntWould be good. But UEFA have had rules in place for probably a decade which they do not appear to have been able to enforce.
Financial fair play: all you need to know
What is financial fair play? How does it work? What is it trying to achieve and why does UEFA believe it will improve the overall financial health of European club football? Find out here.www.uefa.com
5) Are owners allowed to inject money into their club as they like or through sponsorship?
If a club's owner injects money into the club through a sponsorship deal with a company to which he is related, then UEFA's competent bodies will investigate and, if necessary, adapt the calculations of the break-even result for the sponsorship revenues to the level which is appropriate ('fair value') according to market prices.
Under the updated regulations, any entity that, alone or in aggregate together with other entities which are linked to the same owner or government, represent more than 30% of the club's total revenues is automatically considered a related party.
YESWould be good. But UEFA have had rules in place for probably a decade which they do not appear to have been able to enforce.
Financial fair play: all you need to know
What is financial fair play? How does it work? What is it trying to achieve and why does UEFA believe it will improve the overall financial health of European club football? Find out here.www.uefa.com
5) Are owners allowed to inject money into their club as they like or through sponsorship?
If a club's owner injects money into the club through a sponsorship deal with a company to which he is related, then UEFA's competent bodies will investigate and, if necessary, adapt the calculations of the break-even result for the sponsorship revenues to the level which is appropriate ('fair value') according to market prices.
Under the updated regulations, any entity that, alone or in aggregate together with other entities which are linked to the same owner or government, represent more than 30% of the club's total revenues is automatically considered a related party.
UEFA announced on Friday that eight teams will be fined for failing to meet their break-even requirements, with Monaco (€0.3m), Marseille (€0.3m), Besiktas (€0.6m), AC Milan (€2m), Juventus (€3.5m), Inter (€4m), Roma (€5m) and PSG (€10m) ordered to either pay up immediately or have these sums deducted from their prize pool from this season.
Further breaches would see each respective side charged again, with PSG handed the biggest punishment of another €55m payment if they don't break even.
Surprisingly, UEFA found that sides from England and Spain all met their criteria and would not be punished. However, they insisted that 19 clubs - Borussia Dortmund, Chelsea, Barcelona, Basel, Union Berlin, Fenerbahce, Feyenoord, Leicester City, Manchester City, Lyon, Rangers, Real Betis, Royal Antwerp, Sevilla, Lazio, Napoli, Trabzonspor, Wolfsburg and West Ham United - have been placed on a watchlist as they either only scraped their requirements or 'benefited from historical positive break-even results'.
These 19 clubs have been informed that they will not be given such leeway when their 2023 financial year results are analysed.
Oh boy, however will these clubs recover!
Who knew UEFA were bi-lingual. English and Bollocks in the same sentence. Impressive
UEFA announced on Friday that eight teams will be fined for failing to meet their break-even requirements, with Monaco (€0.3m), Marseille (€0.3m), Besiktas (€0.6m), AC Milan (€2m), Juventus (€3.5m), Inter (€4m), Roma (€5m) and PSG (€10m) ordered to either pay up immediately or have these sums deducted from their prize pool from this season.
Further breaches would see each respective side charged again, with PSG handed the biggest punishment of another €55m payment if they don't break even.
Surprisingly, UEFA found that sides from England and Spain all met their criteria and would not be punished. However, they insisted that 19 clubs - Borussia Dortmund, Chelsea, Barcelona, Basel, Union Berlin, Fenerbahce, Feyenoord, Leicester City, Manchester City, Lyon, Rangers, Real Betis, Royal Antwerp, Sevilla, Lazio, Napoli, Trabzonspor, Wolfsburg and West Ham United - have been placed on a watchlist as they either only scraped their requirements or 'benefited from historical positive break-even results'.
These 19 clubs have been informed that they will not be given such leeway when their 2023 financial year results are analysed.
Giving the option of paying now or having prize pool money deducted w/o an additional penalty/late fee seems extremely lenient for a punishment.
Yeah but the UEFA christmas party is going to be incredible. I hear there's going to be at least ten chocolate fountains this year.
It’s about the equivalent of sitting on the naughty step . Waste of time
UEFA announced on Friday that eight teams will be fined for failing to meet their break-even requirements, with Monaco (€0.3m), Marseille (€0.3m), Besiktas (€0.6m), AC Milan (€2m), Juventus (€3.5m), Inter (€4m), Roma (€5m) and PSG (€10m) ordered to either pay up immediately or have these sums deducted from their prize pool from this season.
Further breaches would see each respective side charged again, with PSG handed the biggest punishment of another €55m payment if they don't break even.
Surprisingly, UEFA found that sides from England and Spain all met their criteria and would not be punished. However, they insisted that 19 clubs - Borussia Dortmund, Chelsea, Barcelona, Basel, Union Berlin, Fenerbahce, Feyenoord, Leicester City, Manchester City, Lyon, Rangers, Real Betis, Royal Antwerp, Sevilla, Lazio, Napoli, Trabzonspor, Wolfsburg and West Ham United - have been placed on a watchlist as they either only scraped their requirements or 'benefited from historical positive break-even results'.
These 19 clubs have been informed that they will not be given such leeway when their 2023 financial year results are analysed.
That's definitely the perception.
I wonder if the reality is that many of these continental clubs (save the juiced PSG) are really struggling post-pandemic shutdowns.