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.
Jul 24, 2014, 2:50 PM EDT
Limited to just 16 matches last year after his big transfer from Liverpool to West Ham, Carroll is battling another ailment this season.
Jul 24, 2014, 2:09 PM EDT
The rags-to-riches defender steps away from the pitch, at least as a player, while reflecting on his career journey from North America to Europe and back.
Jul 24, 2014, 1:46 PM EDT
Herrera chats exclusively to PST: “If we are a humble team and we work hard, we will achieve our objectives and we will win trophies.”
Jul 24, 2014, 1:26 PM EDT
His dad played for El Tri, but California-born Fernando Arce Jr says his U-20 bow with the States makes him an American player “forever”
Jul 24, 2014, 1:00 PM EDT
Aston Villa, Manchester United and Manchester City all cruised, while Spurs had to find a late winner after coughing up a two-goal lead.
Jul 24, 2014, 12:47 PM EDT
What about the Premier League? Bundesliga? Serie A?
Jul 24, 2014, 12:15 PM EDT
Goran Milanovic is hoping the former American prodigy chooses to revitalize his career with FK Jagodina in the Serbian top flight.
Jul 24, 2014, 12:00 PM EDT
One of the best stories is United States men’s soccer history is about to move past the “playing career” chapter.
Jul 24, 2014, 11:47 AM EDT
How big of a deal is the Chelsea legend signing for New York City FC? It’s up there.
Jul 24, 2014, 11:14 AM EDT
Lampard: “I want to test myself, carry on challenging myself, I want to be that leader and that person on and off the pitch that can make things happen for this club.”
Jul 24, 2014, 10:51 AM EDT
The 36-year-old becomes New York City FC’s fourth player.
Jul 24, 2014, 10:25 AM EDT
The Manchester United boss proves that even Premier League training sessions sometimes echo your experiences on a youth travel team.
Jul 24, 2014, 10:09 AM EDT
The Reds striker spends some time with the NBCSN broadcast crew during Liverpool and AS Roma’s ‘Football at Fenway’
Jul 24, 2014, 9:29 AM EDT
The Ecuadorian star winger, 24, joins Gylfi Sigurdsson and Bafetimbi Gomis as players to beef up Garry Monk’s attack
Sporting Club announces plans for $75 million “soccer village” for US Soccer National Training Center
Jul 24, 2014, 9:01 AM EDT
Well, this sounds nice…
Jul 24, 2014, 8:23 AM EDT
The growing mess in Israel carried over onto the soccer fields of Austria, where Maccabi Haifa played a preseason friendly against Lille.
Jul 24, 2014, 7:45 AM EDT
Almost 90,000 fans in Los Angeles watched Manchester United put an old-fashioned punking on their hosts. And then both sides reacted.
Jul 23, 2014, 11:27 PM EDT
Surely one of these clubs enjoyed the sweeter side of this deal and here we set out to see who it was.
Jul 23, 2014, 10:40 PM EDT
Despite starting only 12 Premier League matches last year, James Milner has decided to remain at Manchester City and fight for his place.
Jul 23, 2014, 10:00 PM EDT
Catch the San Jose Earthquakes and Chicago Fire live on NBCSN and online via Live Extra tonight at 10:30pm ET.
- EXCLUSIVE: Manchester United’s new signing Ander Herrera focused on success 0
- Serbian boss: Freddy Adu sought by Europa, UCL clubs in Serbia, Cyprus 0
- Frank Lampard delighted to sign for New York City FC, start MLS adventure 0
- Official: Frank Lampard unveiled as New York City FC’s latest signing 3
- Sporting Club announces plans for $75 million “soccer village” for US Soccer National Training Center 8
- “Embarrassed” in LA, thrilled in Manchester: Reactions to 7-0 beatdown 23