UEFA FFP investigation - CAS decision to be announced Monday, 13th July 9.30am BST

[gordondaviesmoustache]

I bought Fanny Wipe PLC’s entire UK stock yesterday, and told them to produce much more. Much, much more

 

[gordondaviesmoustache]

It's all Marvin's fault.

Clearly you are!

 

[Fordyboy46]

I bought Superdrug's entire stock in Kingston yesterday, and told them to order more. Much more

I'm in Chesterfield very soon to get some.

 

[M18CTID]

I think that's a little harsh. The revised FFP will have come in after Henry's comments. I suspect he was given assurances which proved to be of water.
The throwaway paragraph about him that was quoted by @citytillidie is just padding out of context.

True but I think it was still short-sighted for him to think that FFP in it’s original form would be around forever or that first time offences would be punished with the harshest of penalties. With the regs being newly introduced, there were always going to intended and unintended consequences as a result.

 

[Marvin]

Clearly you are!

No I am not. Far more bothered about other matters but if people post something about me, I'll respond. Be rude not to

 

[gordondaviesmoustache]

No I am not. Far more bothered about other matters but if people post something about me, I'll respond. Be rude not to

Responding connotes a degree of being bothered!

 

[MillionMilesAway]

True but I think it was still short-sighted for him to think that FFP in it’s original form would be around forever or that first time offences would be punished with the harshest of penalties. With the regs being newly introduced, there were always going to intended and unintended consequences as a result.

Fair point.
I don't think he's an idiot though and was probably given some assurances which proved hollow. Whether by the PL or other parties, I suspect he's a bit irritated.

On another Liverpool-related note, Klopp's comments in the press conference when asked about the UEFA etc ivnestigations were pretty well-judged.

 

[George Hannah]

I object to the word flaunting as well. It should be flouting.

flouncing?

 

[aguero93:20]

David Conn yesterday (Irish Times) has a piece saying the most serious allegation for UEFA is the diguised sponsorship claim that the Sheikh was funding Etihad's sponsorship (and presumably others).

David Conn needs to research his pieces better. If the deals were assessed as fair value then it doesn't matter.

 

[The Colonel]

I’ve told David I think he’s barking up the wrong tree on this. UEFA state in their Q&A on FFP that it’s fine for an owner or related party to sponsor a club as long as that transaction is at fair value when assessed against the market. Etihad is fair value and UEFA agreed it was when they looked at it in 2014. It doesn’t matter who paid the money therefore.

(It was the Abu Dhabi Executive Council by the way).

I’m glad you’re here.

 

[MillionMilesAway]

David Conn needs to research his pieces better. If the deals were assessed as fair value then it doesn't matter.

@Prestwich_Blue likes this comment.

 

[Prestwich_Blue]

Thanks. So ADUG and ADEC are mostly independent but presumably cooperative?
And any additional funding to pay the Etihad sponsorship came from ADEC?

That’s my understanding based on a document I’ve seen but I have to stress again that it doesn’t matter one bit where the funding came from if the transaction is fair value.

 

[George Hannah]

I bought Superdrug's entire stock in Kingston yesterday, and told them to order more. Much more

I suppose they were pre-loved as is your taste in female sanitary items..

 

[MillionMilesAway]

That’s my understanding based on a document I’ve seen but I have to stress again that it doesn’t matter one bit where the funding came from if the transaction is fair value.

Sure, was just clarifying how the groups fit together.

 

[Plays By Sense Of Smell]

Lots of panicking going on.
David Conn has reported that the CFCB (the UEFA body that runs FFP) we’re unwilling to investigate city, but were pushed into it by other forces within UEFA.
Like any large political body, there are entities within it with different agendas. UEFA is no different.
IMO the outcome will be something along the lines of...
“ UEFA have investigated the claims but have found that they do not raise anything significant over what was already disclosed to UEFA at the time.
Given that City have since improved year on year to a position of financial stability, which is the essence of FFP, no further sanctions will be levied.
There are certain technical accounting issues that City have agreed to regularise in future”
Blah blah.

Sounds like the CPS and SFO rolled into one.

 

[aguero93:20]

@Prestwich_Blue likes this comment.

Ha :)
The most serious allegation (depending on timing, structure and value) is the Zuculini one and I'd be far more worried about having broken FIFA's regulations on TPO than any FFP consequences.

 

[MCC]

I think what's needed is a Delia Smith style rallying of the troops by a half cut Khaldoon on the pitch before the match later.

UEFA....... FA...... Premier League....... FIFA...... Let's be having you!!

 

[M18CTID]

Fair point.
I don't think he's an idiot though and was probably given some assurances which proved hollow. Whether by the PL or other parties, I suspect he's a bit irritated.

On another Liverpool-related note, Klopp's comments in the press conference when asked about the UEFA etc ivnestigations were pretty well-judged.

Yeah, idiot or fuckwit is OTT (putting everything to one side, Liverpool are clearly a well run club since he took control) but I’ve got a bee in my bonnet about his “losing bid” comments when the Etihad deal was signed plus I wouldn’t be surprised if he is driving some of this, and that would be a huge story in itself if it was proven. Naive would be a more apt description regarding the FFP comments back in 2010.

Agree about Klopp’s comments.

 

[George Hannah]

I’m glad you’re here.

So are Der Spiegel, Duncan Castles and any number of City hating hacks.

 

[Prestwich_Blue]

Sure, was just clarifying how the groups fit together.

I’m not sure what point you’re trying to make. One is a private investment company and the other runs a country. If you take the most cynical view possible on this then ADUG is little more than a front for the EC in order to disguise their involvement and separate it by using a private individual.