Apr 30, 2014, 1:18 PM EDT
Leave it to our friends at Soccerly to do the math on the impending trouble for at least Manchester City and Paris Saint-Germain for violating UEFA’s Financial Fair Play policy.
The report says heavy fines and a potential wage cap could be headed the way of violators, the latter a much bigger concern than the former. And it seems the clubs have had some very crafty ways to conceal just how much debt was involved.
UEFA had already said they don’t expect bans from competition.
City accumulated deficits of £97.9 million ($164.6 million) in 2012 and £51.6 million ($85.7 million) last year, but were able to write off some sums spent on facilities, youth development and a number of other items. Both Qatari-owned PSG and Abu Dhabi-owned City have a number of sponsorship deals related to their owners which the CFCB had to determine were of fair market value. PSG effectively wiped out its annual losses of 130 million euros ($180.1 million) by announcing a back-dated sponsorship deal with the Qatar Tourism Authority worth up to 200 million euros ($277.1 million) a year.
Oct 20, 2014, 4:56 PM EDT
Manchester United came from behind twice but still must settle for a disappointing result away from home.
Oct 20, 2014, 4:35 PM EDT
19-year-old Lazio striker Keita Balde Diao somehow walked away from what looks to be a major accident. His Lamborghini, however, didn’t.
Oct 20, 2014, 3:20 PM EDT
Unruly fans will cost Wales and Galatasary as UEFA continues to crack down on off-the-pitch incidents.
Oct 20, 2014, 2:35 PM EDT
The yearly tournament organizes five-a-side matches for people that are homeless or living in extreme poverty.
Oct 20, 2014, 1:30 PM EDT
Liverpool, Everton and Swansea City are just a few of the Premier League clubs reportedly looking to sign the Marseille winger.
Oct 20, 2014, 12:37 PM EDT
With transfer rumors swirling, the Arsenal forward made it clear that he is #AlwaysAGunner.
Oct 20, 2014, 11:51 AM EDT
Amidst the Ebola outbreak, South Africa has ruled out hosting the continent’s premier tournament should Morocco back out.
Oct 20, 2014, 11:00 AM EDT
Sad news out of India as a young player died after injuring his spinal cord during a celebration.
Oct 20, 2014, 10:15 AM EDT
Ahmed Musa stirred the pot ahead of his club’s Champions League clash this week, calling out City’s form.
Oct 20, 2014, 9:30 AM EDT
Watch the Baggies take on Manchester United today, live at 3:00 p.m. ET on NBCSN.
Oct 20, 2014, 8:40 AM EDT
The Chelsea backup is teaching his replacement how to stay safe from head injuries, which have affected both keepers.
Oct 20, 2014, 8:00 AM EDT
PST’s Lead Writer and Editor takes an in-depth look at the PL during Week 8.
Oct 20, 2014, 7:43 AM EDT
In a game that saw both sides reduced to ten men, the Crystal Palace manager believes the referee could have done better.
Oct 19, 2014, 11:38 PM EDT
The Dutch midfielder scored off two ridiculous strikes to lead Galatasary over rivals Fenerbahce.
Oct 19, 2014, 11:05 PM EDT
The Sounders came from 2-0 down to steal a draw in Los Angeles at Landon Donovan’s final regular season home game.
Oct 19, 2014, 10:13 PM EDT
Werder Bremen became the first team without a shot in a Bundesliga game as Bayern continues to cruise.
Oct 19, 2014, 9:09 PM EDT
The Argentinian forward is scoring goals at a blistering pace for Manchester City. Could he be the most lethal striker in Europe?
Oct 19, 2014, 8:15 PM EDT
Catch up on all of this weekend’s action from Spain and Italy’s top flights.
Oct 19, 2014, 7:07 PM EDT
After an ugly 8-0 thrashing at Southampton, Vito Mannone said he will try to pay back fans who travelled to the game.
Oct 19, 2014, 6:15 PM EDT
The American international responded to Jurgen Klinsmann’s recent criticism of his return to the MLS.
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