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.
Apr 18, 2015, 6:58 PM EDT
Not the ideal time for a pair of key players to go down in the same game, four days before a CL quarterfinal second leg.
Apr 18, 2015, 5:58 PM EDT
New week, same story, new teams on top, same old excitement — the Championship is truly amazing this year.
Apr 18, 2015, 5:00 PM EDT
It was an historic day for Messi, as Barca inch closer to the league tile. Elsewhere, Juve remind everyone Serie A is all theirs.
Apr 18, 2015, 4:42 PM EDT
A pair of Premier League matches are ready for your Sunday viewing pleasure, and take note that one features a different broadcast channel.
Apr 18, 2015, 4:20 PM EDT
Here’s what happened in Saturday’s five matches.
Apr 18, 2015, 4:14 PM EDT
Seventy-seven percent of this weekend’s Bundesliga results are in the books, and Germany is still waiting for its first upset.
Apr 18, 2015, 3:56 PM EDT
Manchester United captain Wayne Rooney felt his team did enough to top Chelsea at Stamford Bridge on Saturday, but the score line says otherwise.
Apr 18, 2015, 3:39 PM EDT
Van Gaal: “We played the best match of the season but in football you can lose.”
Apr 18, 2015, 2:36 PM EDT
Here’s what we learned from Chelsea’s narrow win over United.
Apr 18, 2015, 2:28 PM EDT
United stays third, one point behind second-place Arsenal.
Apr 18, 2015, 2:13 PM EDT
Arsenal had 71 percent possession as late as the 80th minute, but the score remained deadlocked at one.
Apr 18, 2015, 1:52 PM EDT
Have Saints’ faint top four hopes been all but ended?
Apr 18, 2015, 1:25 PM EDT
Hear what the Foxes’ boss had to say about Leicester’s big win.
Apr 18, 2015, 12:06 PM EDT
Potters stage second half comeback to stun Saints.
Apr 18, 2015, 11:59 AM EDT
Palace’s table charge is momentarily halted, as Alan Pardew’s boys sit 11th with 42 points.
Apr 18, 2015, 11:57 AM EDT
Toffees five unbeaten, send Clarets bottom of the table.
Apr 18, 2015, 11:53 AM EDT
Leicester is even with 17th place Hull on points and a single point behind Sunderland, with a match in hand on both.
Apr 18, 2015, 11:40 AM EDT
James Morrison had scored in the second minute for the Baggies’ first tally.
Apr 18, 2015, 11:34 AM EDT
It’s a big one, folks, with the two of the Premier League’s best tangling at Stamford Bridge.
Apr 18, 2015, 11:17 AM EDT
The FA has switched things around and will still give the kid a chance to walk onto the Wembley pitch before an upcoming England match.
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- Arsenal 2-1 Reading: Alexis helps Gunners clinch FA Cup final berth 0