May 6, 2014, 10:27 PM EDT
Time is running out for teams clubs in violation of UEFA’s Financial Fair Play (FFP) to accept their settlement offers – the suggested punishment the organization’s Club Financial Control Body (CFCB) has made to each of the nine offenders. Without that agreement, the teams’ cases go to a panel of judges (Adjudicatory Chamber), where a group of financial experts can impose more severe punishments.
Paris Saint-Germain, along with seven other clubs outside Europe’s big four leagues (England, Germany, Italy, Spain) appear ready to accept their punishments, but whereas teams from smaller league face sanction in proportion to their relatively minor offenses, PSG and City will serve as examples for the rest of Europe. According to reports, the clubs’ punishments include an $83.6 million fine (payable over three years), a Champions League roster reduction from 25 to 21 players, and a salary cap tying the roster’s wages to their current levels.
For Manchester City, a club that contends it is in compliance with FFP, the punishment’s too much. According to tonight’s reporting from The Guardian, the club is “furious” at being lumped in with the Parisians.
There is a feeling in Abu Dhabi and the Etihad that Manchester City have been unfairly targeted but sources close to the Uefa process insist the size of the punishment fits the crime. Under the rules … clubs are allowed losses of €45m over the 2011-12 and 2012-13 seasons.
Although Manchester City lost £153m over the two seasons in question, club insiders have repeatedly insisted that the ability to write off the value of contracts signed before 2010 when the rules were unveiled, as well as write down investments in youth development and infrastructure, allowed them to narrowly comply.
UEFA obviously disagrees, with the some of the club’s overvalued partner deals appearantly failing to pass CFCB scrutiny:
Uefa’s accountants are believed to have concluded that Manchester City’s £350m 10-year deal with Abu Dhabi’s national airline Etihad and a series of licensing deals have been significantly overvalued.
In light of such agreements, UEFA is ready to hand down its punishment, one that’s complicated by Champions League’s homegrown player rule. The competition sets aside eight spots on each roster for “home grown” players. If City’s limit is reduced to 21, only 13 players brought in from outside the club could be registered.
The Guardian goes into much more detail, including a paragraph on how New York City FC and City’s A-League team have become involved. We’ll get to that in our next post. For now, City is at least considering challenging the sanction. If the Adjudicatory Chamber doesn’t provide recourse, the club could take this to the Court of Arbitration for Sport.
Oct 31, 2014, 12:13 AM EDT
After FC Dallas and the New York Red Bulls defeated their opponents in the first two games of the MLS playoffs, the postseason picture exists in its beginning stages.
Oct 30, 2014, 11:37 PM EDT
Robbie Keane stands ready to play for his international side right after the LA Galaxy’s playoff contests vs. Real Salt Lake.
Oct 30, 2014, 10:20 PM EDT
Final: New York Red Bulls 2, Sporting KC 1
Oct 30, 2014, 9:38 PM EDT
Men in Blazers preview Round 10, most notably the Manchester derby.
Oct 30, 2014, 8:36 PM EDT
Fernando Torres, expanding on his decision to leave Chelsea on loan, says he wanted to “feel important.”
Oct 30, 2014, 7:21 PM EDT
West Ham boss Sam Allardyce is happy for the recent triumphs of criticized Newcastle manager Alan Pardew.
Oct 30, 2014, 6:35 PM EDT
Manchester United forward Wayne Rooney will be available in the upcoming Manchester derby following his three-match suspension.
Oct 30, 2014, 5:56 PM EDT
Action taken against alleged racist actions in the Scottish Premiership.
Oct 30, 2014, 4:44 PM EDT
Sturridge on injury woes: “Maybe it’s my body type, maybe it’s hereditary.”
Oct 30, 2014, 3:40 PM EDT
A young Messi was eyed by Juventus in 2005, says Russia manager Frank Capello.
Oct 30, 2014, 3:12 PM EDT
How has the soccer world (via Twitter) responded to the news? With a mixture of interest and humor.
Oct 30, 2014, 2:49 PM EDT
In what will be called “Los Angeles Football Club” as it goes through its branding, MLS has announced that L.A. has officially been awarded another team.
Oct 30, 2014, 2:25 PM EDT
So who do you have tonight: the Red Bulls or the champs?
Oct 30, 2014, 1:35 PM EDT
Mike Prindiville and Joe Prince-Wright join Jenna Corrado to discuss the Manchester Derby between Manchester United and Manchester City.
Oct 30, 2014, 12:38 PM EDT
Like Steve McQueen in “Papillon,” only nattily-attired, the Newcastle United manager just seems to be constantly yelling out, “Hey… I’m still here.”
Oct 30, 2014, 12:09 PM EDT
He’s being linked with Swansea City, though club chairman Huw Jenkins said while the club is entertaining investors, any specific names would be “pure speculation.”
Oct 30, 2014, 11:15 AM EDT
The proposed moves would leave only 10 days prep time before the World Cup began, and would also alter the UEFA Champions League schedule.
Oct 30, 2014, 10:40 AM EDT
What do you think? Mean-spirited to the public or just a decent Candid Camera-style prank?
Oct 30, 2014, 9:51 AM EDT
“I’ve got 30 and 34-year-olds in my locker room in tears because we feel it’s been unfairly taken away from us,” said coach Carl Robinson.
Oct 30, 2014, 9:02 AM EDT
And it’s claimed that Arsenal boss Arsene Wenger will sign a veteran back from Juventus, bucking his trends of signing attackers and youth.
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