Pablo ZZZ Peroni
Well-Known Member
- Joined
- 19 May 2014
- Messages
- 2,448
Absolutely. They made their own rules, they chose to adopt one that had a globally understood meaning. If they don't like the outcome, the remedy is to change the rules, not shift the goalposts.
FYI, they did change the rules in 2015. From UEFA site:
Under the updated regulations, any entity that, alone or in aggregate together with other entities which are linked to the same owner or government, represent more than 30% of the club's total revenues is automatically considered a related party.
Back in 14/15 our turnover was c£351k so if UAE commercial income >£105k (30%) it could still be treated as not a related party for the purpose of our accounts BUT treated as a related party for the FFP assessment and subject to FMV assessment.