Home › Community › General Football › Is FFP 1 dead?
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10th November 2018 at 9:54 pm #28077
Could be but nobody knows.
Der Speigel? Bayern mouthpeace. Just like Marca is Real’s.
We’ll see!Back to the foofball. Already getting nervy!
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11th November 2018 at 7:02 pm #28102Are there any “independant organisations” if this is picked by UEFA, who no doubt pick up all the charges before passing them on with profit, just how independant are they???
If City are guilty then charges must be made but some clarity is needed on who is investigating who and who is picking up the bill. A tangled web_____________________________
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11th November 2018 at 7:11 pm #28104AnonymousWho do you expect to pay? Of course UEFA will have to pay if they want it, so will the PL of the FA if they ask for one too.
I would expect the leaked documents to be the basis of the questions asked, but, and I may be showing my nativity here, I would then expect honest answers given. It will be those answers which would go towards any case hearing – not the leaked documents- though if the answers given do not match the documents I would expect them checked for providence and, if proved to be true I would expect them to be accepted.
Not sure why anyone thinks HMRC are involved in fraud. Clearly they can only take the returns at face value unless they expect them to be falsified – which no one would. They are going to want to investigate to see if the hidden payments and payments from abroad for work done in this country has left them short.
Wikileaks documents have been used in plenty of court cases and I didn’t hear any hand wringing then.
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11th November 2018 at 7:25 pm #28105AnonymousOh, and Der Speigel are incredibly well respected. They are part of a fantastic coalition for investigative journalism. Bayern’s mouthpiece couldn’t be more ignorant.
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11th November 2018 at 8:38 pm #28106In a statement responding to the allegations made against City this week, a spokesman for the Premier League said: “The Premier League has a range of financial rules and disclosure obligations that apply to all clubs, and result in on-going monitoring of club finances.
“If we receive any substantiated material that suggests our rules may have been breached, or relevant information has not been disclosed, we will investigate and have a track record of doing so. These processes are confidential and we do not comment publicly unless there is anything substantial to say.”
“Earlier this week, FIFA president Gianni Infantino said he expected UEFA to look into any new evidence.
Sources suggest that FFP rules could be broken by City if adjustments are made to sponsorship deals that are reported to be funded by current owner Sheikh Mansour.
Deals include the £400m stadium sponsorship deal from Etihad Airways, which will not expire until 2021, and is one of the arrangements under suspicion following the reports. Der Spiegel allege that Mansour is funding the majority of that deal, and there are other contracts that are similarly organised, as well as separate deals for player marketing rights.”
We need to wait and see where it goes from here if anywhere.
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11th November 2018 at 9:16 pm #28111This whole thing is ultimately a power battle. The newly taken over clubs may have had to sign up to FFP but they were always going to perceive it as a way to limit their power.
In history, whenever you have an emerging power spreading into an established power, you are bound to have conflict and rules will be challenged in the power battle to better suit either one of the sides.
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11th November 2018 at 9:49 pm #28113Mikus, if you sign up to abide by the rules then you have to abide by the rules all perfectly summed up by Klopp imo.
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12th November 2018 at 1:27 am #28117Nine, not so much defending City, just observing the inevitably of such things. Surely City had to sign up to FFP or else they’d be chucked out of competitions? So they were never not going to sign up to it. And if you have an emerging power, and the rules of play don’t suit them, they’re going to bend them as much as possible, it’s just the nature of power. UEFA are contradicting themselves in any case. They want to control the money in football and stop big debts being racked up but at the same time have effectively encouraged clubs to spend big because big money means big salaries means big players which means big TV interest and revenues – which is in their interest.
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12th November 2018 at 9:24 am #28122Mikus, the whole purpose of FFP is to ensure Club’s spend within their own means based on the revenues they generate themselves thems the rules mate and their existence was the whole reason Fenway for instance bought Liverpool if any Club breaks those rules whether it be City or Chelsea they should be held to account and if proven they should be rightly punished.
Currently we’re just dealing in rumours and it’s up to UEFA to decide whether those rumours are worthy of investigation of not.
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12th November 2018 at 2:34 pm #28130Oh stop being a bunch of jealous Essex girls the lot of you,and just accept the facts.Man City and PSG now own our sexy bums,we are all their sexy bitches,lol!
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12th November 2018 at 2:50 pm #28131Just for banjo,lol
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13th November 2018 at 3:27 pm #28160Pre FFP there was £1.5 billion Club debt in 2011 now Club debt stands at £500m profit.
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15th November 2018 at 1:21 pm #28190AnonymousSo most clubs have followed FFP regulation well. It can only be called a success if it is employed across the board without some rich clubs giving back-handers to rid themselves of regulation. I’m not too comfortable with FFP’s £50m limit, for use of a better term but if we’re talking about Man city having hundreds of millions pumped in illegally then that’s taking the piss and it just needs to be dealt with.
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15th November 2018 at 1:31 pm #28191AnonymousMak – I’m not sure where this idea of backhanders to circumvent FFP has come from? No-one is alleging that occurred. The allegations, as yet unproven, revolve around a more deceptive form of cheating the rules, and City acting alone – not in conjunction with UEFA.
UEFA delegates met with City delegates to sort out a settlement as the FFP rules were breached, but, whilst-weak willed from UEFA, seems to be the extent of it.
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15th November 2018 at 2:36 pm #28192Mak, not sure where you’ve got £50m from the FFP 2 proposal is to limit Club’s to 100m Euros of net spend not sure where that proposal currently sits though.
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15th November 2018 at 3:31 pm #28193Believe it or not I am in favour of some sort of FFP but better financial regulation.
Eg
Limiting net spend
Limiting debt/equity relatonship and debt change
Limiting wage/turnover ratio with provisos
But if owners wish to invest in straightforward no strings equity to provide finance that should be acceptable.Variations round this.
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16th November 2018 at 3:56 am #28198Anonymous“Mak – I’m not sure where this idea of backhanders to circumvent FFP has come from? No-one is alleging that occurred. ”
It has been alleged that something dodgy has occurred. Let’s not split hairs just because the wording hasn’t been specific enough, yet.
Nine, I’m not up on FFP2 at all man, the £50m was the old limit? I mean, does it even matter that we be specific when you’re looking at a figures like £400m? That is also just one sponsorship deal also.
I can’t be arsed looking into any of this yet, maybe I will in time but I’m really just waiting it to develop. it’ll all come out soon enough, in glorious detail etc etc. One thing though is you don’t have a big leak scandal if there isn’t something seriously wrong going on.
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16th November 2018 at 6:53 am #28200Anonymous£50m is the current limit over 3 years. It does depend on exchange rates though, so I get that bit.
The dodgy behaviour allegations are all levelled at City, and not UEFA, in fact the articles made it clear that UEFA had no idea what City were up to with their deceptions. There really haven’t been any allegations of back handers.
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16th November 2018 at 6:57 am #28201AnonymousWhat we need to do is investigate the allegations, then enforce the rules as they are. No hidden payments to players, no off the books expenditure, no payments to managers via a 2nd club, no false sponsorship, no back dated deals.
Then we can see how that affects things and if the rules need tweaking then so be it. But it’s impossible to judge the effect of the rules if teams are cheating.
Until those involved, if proved, are banned from football it doesn’t matter if we have new rules as they will always cheat.
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16th November 2018 at 7:55 am #28203Alfie at the end of the day mate the clubs always get away with it. What’s a fine these days to these clubs. Absolutely nothing
Was it ac Milan who were banned from Europe then reinstated? Just kick them out
The man in the road could see there was something up as I think Milan bought about 11 players for a good few quid. Money they hadn’t previously been spending.
It’s like in politics over here in Ireland. We have had one corrupt banker go to jail while a host of others got away with bringing the Irish economy down. Sickens me that the wealthy get away with nearly everything while the normal joe soap pays his taxes
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