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.
Jul 29, 2014, 8:35 AM EDT
Borussia Dortmund star turns down new deal, alerts European giants.
Jul 29, 2014, 7:51 AM EDT
England youngster told he’s “not fit enough” and ordered to train on his own by van Gaal. Ouch.
Jul 29, 2014, 12:37 AM EDT
Sounders’ tendency to collapse resurfaces during the Galaxy’s biggest win of the season.
Jul 28, 2014, 11:07 PM EDT
A terrible move could get worse if Chelsea can’t move the Spanish striker.
Jul 28, 2014, 10:13 PM EDT
Belgian international intends to stay at White Hart Lane, with a new, five-year deal on the table.
Jul 28, 2014, 9:17 PM EDT
Napoli, Borussia Dortmund linked to the potential United castoffs.
Jul 28, 2014, 8:22 PM EDT
Colombian international expected to play Saturday against Valencia.
Jul 28, 2014, 7:37 PM EDT
Time in the NASL will give the 24-year-old needed minutes.
Jul 28, 2014, 6:48 PM EDT
Brazilian’s injury testing United’s depth on the right side.
Jul 28, 2014, 5:54 PM EDT
U.S. international’s knee surgery will sideline him for “several weeks.”
Jul 28, 2014, 4:57 PM EDT
Two Saints look to follow their former manager to North London.
Jul 28, 2014, 4:03 PM EDT
Timber’s game-winning goal in Montréal separated him from a tight field.
Jul 28, 2014, 3:20 PM EDT
After two on-pitch selfie’s occur with players over the weekend, security needs to be stepped up.
Jul 28, 2014, 2:50 PM EDT
Could Neymar represent Brazil at the 2016 Olympics in Rio?
Jul 28, 2014, 2:20 PM EDT
Besic, 21, has signed a five-year deal with the Toffees.
Jul 28, 2014, 1:43 PM EDT
Bale smashes in an absolute beauty from distance. Check it out, here.
Jul 28, 2014, 12:58 PM EDT
After selling over $170 million of talent so far this summer, what are Saints playing at?
Jul 28, 2014, 11:52 AM EDT
Boyd out after injury in Queens Park Rangers friendly.
Jul 28, 2014, 11:25 AM EDT
He may be one of the best soccer players the planet has ever seen, but Messi is not above the law.
Jul 28, 2014, 10:51 AM EDT
Arsenal splash the cash to sign 19-year-old Southampton academy graduate.
- Manchester United’s Luke Shaw trains on his own, told he’s “not fit enough” 0
- MLS Snapshot: Seattle Sounders 0-3 LA Galaxy 1
- Premier, Champions League quotas leave Mourinho desperate to sell Torres 2
- Van Gaal, Manchester United ready to move on from Fellaini, Kagawa 0
- Radamel Falcao on track to return at weekend’s Emirates Cup 0
- PST’s Major League Soccer Player of the Week: Portland’s Diego Valeri 0