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.
Sep 19, 2014, 12:06 AM EDT
Win U.S. Open Cup on Tuesday. Drop a few bars in New York on Thursday. You know: #JustClintDempseyThings.
Sep 18, 2014, 11:32 PM EDT
Sporting took a big step toward getting out of Group 2 thanks to its Spanish winger.
Sep 18, 2014, 10:50 PM EDT
Awkward bounces made a disorganized El Tri look awful and the high-powered USWNT look pedestrian in a 4-0 decision on Thursday night.
Sep 18, 2014, 9:22 PM EDT
Users decided to make the new art’s white space into a plus, ditching the high brow concept in favor of more appealing products.
Sep 18, 2014, 8:20 PM EDT
NBCSN’s first of three weekend broadcasts takes place tomorrow night at Rio Tinto Stadium.
Sep 18, 2014, 7:41 PM EDT
It’s 14 years off, but The FA is still planning to make a push.
Sep 18, 2014, 6:15 PM EDT
Roberto Martinez makes an impressive European debut, while Mauricio Pochettino sees him team go without a shot on target.
Sep 18, 2014, 4:25 PM EDT
MLS has admitted failure before. Today’s new art may prove to be another idea the league should cast off.
Sep 18, 2014, 3:09 PM EDT
With Week four in the books, here’s how the PL teams stack up in our rankings of power.
Sep 18, 2014, 2:27 PM EDT
What are people saying about Major League Soccer’s new look?
Sep 18, 2014, 1:45 PM EDT
Wenger: “I was so close to signing Cristiano Ronaldo.”
Sep 18, 2014, 1:09 PM EDT
After just four wins from 20 games, Fulham’s owner has seen enough from Magath.
Sep 18, 2014, 12:37 PM EDT
Rodgers’ side have had an up and down start to the season. Is it the sign of things to come?
Sep 18, 2014, 11:33 AM EDT
Here’s what lies in store for Everton and Tottenham as Thursday night soccer begins.
Sep 18, 2014, 11:00 AM EDT
Parmigiani watches worth over $25,000 dished out by Brazilian federation to FIFA’s exec. members must be returned.
Sep 18, 2014, 10:18 AM EDT
Gunners need reinforcements in defense, so who are they making a move for?
Sep 18, 2014, 9:35 AM EDT
Norwegian boss let go after just 9 wins in 30 games in charge of the Bluebirds.
Sep 18, 2014, 8:56 AM EDT
Star striker struggling with persistent hamstring problem ahead of Manchester City clash.
Sep 18, 2014, 8:19 AM EDT
What do you guys think of the brand new MLS logo?
Sep 18, 2014, 7:40 AM EDT
Klinsmann’s men move up after Czech Republic win. See where they’re ranked in the top 20.
- Sloppy USWNT 4-0 win over Mexico adds fuel to turf conversation fire 0
- Europe League roundup: Everton big winners at home; Spurs left with draw on the road 0
- It’s not too late for Major League Soccer to turn away from its new logo 18
- Premier League Power Rankings: Red Devils and Villans on the up 1
- PHOTO: MLS unveils new logo. What do you think? 24
- US move up one place in latest FIFA rankings; Wales the big winners 0