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.
Aug 27, 2014, 11:35 PM EDT
“I play a lot of Football Manager,” Gomis said.
Aug 27, 2014, 11:00 PM EDT
Reports indicate Chelsea striker Diego Costa has suffered a hamstring injury that will keep him out of the side for four to six weeks.
Aug 27, 2014, 10:24 PM EDT
Cameroon striker Samuel Eto’o has announced his retirement from international football.
Aug 27, 2014, 9:36 PM EDT
The BBC is reporting that Calum Chambers, Danny Rose and Fabian Delph are all set for England call-ups.
Aug 27, 2014, 8:45 PM EDT
Lazio is most interested in the American’s services but the recent injury casts doubt on the likelihood of a transfer.
Aug 27, 2014, 7:55 PM EDT
QPR and Aston Villa followed Manchester United’s lead in crashing out of the League Cup to clubs from the Football League.
Aug 27, 2014, 7:02 PM EDT
Ludogorets defender Cosmin Moti took the gloves and saved two penalties to help his side advance to the Champions League group stage.
Aug 27, 2014, 6:07 PM EDT
Let’s take a look at five more clubs and how they will wheel and deal before the window slams shut.
Aug 27, 2014, 5:43 PM EDT
The loss of Giroud skyrockets the possibility of Wenger soon moving to sign another pure striker.
Aug 27, 2014, 4:30 PM EDT
Reports across Europe claim that Xabi Alonso has reached an agreement with Bayern Munich.
Aug 27, 2014, 3:40 PM EDT
“The hardest thing is knowing when to say goodbye,” Xabi Alonso said.
Aug 27, 2014, 2:47 PM EDT
Balotelli aims big as new Liverpool signing speaks out.
Aug 27, 2014, 2:20 PM EDT
Guardiola gives Muller a piece of his mind during Bayern’s open practice session.
Aug 27, 2014, 1:47 PM EDT
Fazio heads to White Hart Lane on four-year deal from Sevilla.
Aug 27, 2014, 1:14 PM EDT
As conflict continues between Israel, Hamas, UEFA has stepped in to postpone qualifier.
Aug 27, 2014, 12:32 PM EDT
Following United’s embarrassing 4-0 defeat to a third-tier team, the UK media have not been kind.
Aug 27, 2014, 12:01 PM EDT
Soccer in Sin City… why not? Stadium deal gets over next hurdle, hinges on MLS team heading to Nevada.
Aug 27, 2014, 11:22 AM EDT
All the latest transfer gossip, right here.
Aug 27, 2014, 9:42 AM EDT
After Oliver Giroud’s bad injury, will Arsenal spend big to bring in Cavani?
Aug 27, 2014, 9:12 AM EDT
Have your say on where van Gaal’s side will finish this campaign.
- Report: Diego Costa could be out four to six weeks with hamstring injury 0
- Transfer needs – Everton, Hull, Leicester, Liverpool, Manchester City 1
- Olivier Giroud undergoes ankle surgery, out 3-4 months for Arsenal 0
- $410 million Las Vegas soccer stadium deal closer; next stop, Major League Soccer… 13
- Report: Arsenal bid $82 million for Edinson Cavani. Remy, Falcao, Welbeck linked 9
- Confirmed: Neil Warnock takes over at Crystal Palace; what will he bring? 0