May 6, 2014, 10:27 PM EST
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.
Jan 27, 2015, 11:01 PM EST
Already it feels like Montreal has a major chance to be the winner in this deal, and that’s before they do anything with the allocation money.
Jan 27, 2015, 10:05 PM EST
It certainly wasn’t the wildest of days for the transfer rumor mill, but Manchester United, Southampton and Crystal Palace all said hello.
Jan 27, 2015, 9:12 PM EST
Surely Brendan Rodgers wouldn’t have been surprised to see Diego Costa’s temper flare up, but it didn’t make him any more understanding.
Jan 27, 2015, 8:32 PM EST
An ESPN FC report regarding Gedion Zelalem’s U.S. eligibility looks alarming, but is it a cause for concern?
Jan 27, 2015, 7:17 PM EST
He’s heinous. He’s prolific. He’s the Luis Suarez of 2015. And he’s making this season worth watching and hating. Unless you’re a Chelsea supporter.
Jan 27, 2015, 6:21 PM EST
Liverpool was the superior team in the first 45 minutes, but couldn’t find the finishing touch.
Jan 27, 2015, 5:17 PM EST
The Blues won 1-0 on the match and 2-1 on aggregate to move on the League Cup final versus Wednesday’s winner of Spurs and Sheffield United.
Jan 27, 2015, 4:12 PM EST
Six of eight knockout round slots are filled for the 2015 Africa Cup of Nations, and a couple well-known names are going home.
Jan 27, 2015, 3:00 PM EST
The Socceroos reached the AFC final for just the second-time in their history.
Jan 27, 2015, 2:20 PM EST
Yedlin flies halfway around the world to link up with USMNT after joining Tottenham in January.
Jan 27, 2015, 1:40 PM EST
Brazilian skipper aims to help Brazil win elusive Olympic gold medal on home soil.
Jan 27, 2015, 12:57 PM EST
Spaniard set to miss at least six months after rupturing anterior cruciate ligament.
Jan 27, 2015, 12:19 PM EST
Monster trade sees cash, players and allocation order’s dished out as USMNT midfielder could be heading home.
Jan 27, 2015, 11:10 AM EST
Wembley final on the line: Premier League giants clash at the Bridge while Spurs head to third-tier Blades.
Jan 27, 2015, 10:15 AM EST
Are the Citizens heading to the Big Apple?
Jan 27, 2015, 9:20 AM EST
Madrid say they have “responded diligently” to requests from world soccer’s governing body.
Jan 27, 2015, 8:30 AM EST
As Sterling continues to stall on a new deal, will Chelsea tempt the youngster with a move back to London?
Jan 27, 2015, 7:36 AM EST
Casillas declares his intention to play in the USA one day. When will that be?
Jan 26, 2015, 9:45 PM EST
Hope Solo’s punishment for repeated alcohol-related incidents could extend much further than her initial 30-day suspension.
Jan 26, 2015, 8:22 PM EST
3-4 months on the sidelines means a massive hole to fill to start the 2015 season.
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