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.
Feb 28, 2015, 11:11 PM EST
18 teams in 13 games to wrap up the 2015 MLS preseason. Your one-stop shop for all the day’s action.
Feb 28, 2015, 9:29 PM EST
As they say, that ball stayed hit.
Feb 28, 2015, 8:55 PM EST
Forget the performance, all John Carver cares about is the three points. Sometimes that’s how it is.
Feb 28, 2015, 7:45 PM EST
Dyke’s frustrated at the resistance to even explore and experiment with technological aids, and he’s 100% right to be.
Feb 28, 2015, 6:27 PM EST
The top of the Championship is as tight as it’s ever been. With only three spots to come up, who’ll be in the Premier League next year?
Feb 28, 2015, 6:04 PM EST
Barcelona keep Spain’s title race close, while AC Milan just hope to finish inside Italy’s top-half.
Feb 28, 2015, 4:43 PM EST
Can Sherwood do the trick, or will his loud ways alienate a club hoping to avoid its first ever trip into the Championship?
Feb 28, 2015, 4:33 PM EST
The Real Madrid outcast scored his ninth, 10th, 11th and 12th goals of the season in pushing Rayo Vallecano into 10th place.
Feb 28, 2015, 4:18 PM EST
It’s goal No. 1 of many for TFC’s $30-million man. Credit to TFC’s other $35-million and $25-million men for the fancy build-up.
Feb 28, 2015, 3:45 PM EST
Both sides of Merseyside are in action against a pair of Top Three contenders as the Premier League sends up two great appetizers.
Feb 28, 2015, 3:11 PM EST
Bayern made 577 more passes than its opponents. That’s bonkers.
Feb 28, 2015, 2:20 PM EST
Koeman’s Saints have scored just once in their last five matches. Can they recover and remain in the top six?
Feb 28, 2015, 2:00 PM EST
Facey, 20, was the captain of Man City’s highly-touted Elite Development Squad and had been on trial with NYCFC since early January.
Feb 28, 2015, 1:30 PM EST
Recaps, analysis, videos and more from the six PL games on Saturday.
Feb 28, 2015, 12:52 PM EST
With an edge on Man City in the UCL and second place to Real Madrid in La Liga, Barca has a chance to do big things if it continues to click.
Feb 28, 2015, 12:33 PM EST
With RVP out injured and Falcao firing blanks, surely Rooney should remain up front…
Feb 28, 2015, 12:10 PM EST
The giant Englishman scored less than a minute after subbing on for Mame Diouf, and Stoke stayed in the top half.
Feb 28, 2015, 12:09 PM EST
Saints fire another blank, as Baggies break them down.
Feb 28, 2015, 12:03 PM EST
The three points moved Swansea ahead of West Ham for eight in the Premier League table.
Feb 28, 2015, 11:57 AM EST
Rooney’s double sees off a stubborn Sunderland side to cement United’s spot in the top four.
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