Gordyola
Well-Known Member
Rags have been fined 300,000 euros (£257,000) by Uefa for a "minor" breach of Financial Fair Play (FFP) rules.A billion in debt, still overspending on players and not once breached FFP… I see the PL once again doing a great job.
They were one of a number of clubs sanctioned by Uefa under FFP rules in place between 2019 and 2022.
United said they were "disappointed by the outcome".
However, they added the club accepted the fine "for what Uefa acknowledges to be a minor technical breach of its previous Financial Fair Play rules".
In explaining the reason for the punishment, United continued that "this reflected a change in the way that Uefa adjusted for Covid-19 losses during the 2022 reporting period, which allowed us to recognise only 15m euros of the 281m euros of revenues lost due to the pandemic within the FFP calculation".
Notice that it was only "minor technical breach"
They managed to pass PL FFP because they were given an couple of unprecedented allowances once for Covid and they other for their owners costs of selling to Scruffy Jim
You might ask how with the accounts showing losses for sometime that they pass FFP, well they have worked a fiddle that the first UK company in their ownership structure doesnt make the loss his of course doesnt attract the attention of the media