City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
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FantasyIreland
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Re: City & FFP (continued)
Liverpool could be at risk of having nearly £7 million in Champions League prize money withheld as Uefa investigates whether or not the club has breached Financial Pair Play regulations.
Due to Liverpool's absence from either of last season's European cup competitions - the Champions League and Europa League - they were not required to submit acounts for the 2011-12 and 2012-13 seasons. However, having now qualified for Europe's premier club competition, they are now subject to FFP.
Uefa guidelines stipulate that the teams who qualify, and therefore come under the microscope of FFP, must limit their losses to an agreed amount. For the likes of Manchester City, Chelsea and Arsenal, who were present in last season's Champions League, that figure was £35.4m over two seasons.
Man City and French giants PSG were the two most high-profile teams who exceeded this amount and were penalised heavily.
Andrea Traverso, head of Club Licensing and Financial Fair Play at Uefa, told The Times: "As soon as a club qualifies [for a Uefa competition], it enters the scope of Financial Fair Play. So they have to immediately submit all the information to Uefa."
Uefa has not confirmed which clubs will be deemed "at risk". Last season it was 76 but, ultimately, only nine were sanctioned. And this season "at risk" clubs could have the first instalment of their Champions League prize money held back while they are investigated
bluesoup said:
Liverpool could be at risk of having nearly £7 million in Champions League prize money withheld as Uefa investigates whether or not the club has breached Financial Pair Play regulations.
Due to Liverpool's absence from either of last season's European cup competitions - the Champions League and Europa League - they were not required to submit acounts for the 2011-12 and 2012-13 seasons. However, having now qualified for Europe's premier club competition, they are now subject to FFP.
Uefa guidelines stipulate that the teams who qualify, and therefore come under the microscope of FFP, must limit their losses to an agreed amount. For the likes of Manchester City, Chelsea and Arsenal, who were present in last season's Champions League, that figure was £35.4m over two seasons.
Man City and French giants PSG were the two most high-profile teams who exceeded this amount and were penalised heavily.
Andrea Traverso, head of Club Licensing and Financial Fair Play at Uefa, told The Times: "As soon as a club qualifies [for a Uefa competition], it enters the scope of Financial Fair Play. So they have to immediately submit all the information to Uefa."
Uefa has not confirmed which clubs will be deemed "at risk". Last season it was 76 but, ultimately, only nine were sanctioned. And this season "at risk" clubs could have the first instalment of their Champions League prize money held back while they are investigated
FantasyIreland
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Re: City & FFP (continued)
I'll load em......;-)
gordondaviesmoustache said:FantasyIreland said:
Too obvious, I know, but I couldn't resist.
I'll load em......;-)
tolmie's hairdoo
Well-Known Member
Re: City & FFP (continued)
The bomb is about to drop.
There must also be a reason why City feel so emboldened to brief we are balls out for Barkley.
[video]http://www.youtube.com/watch?v=oMAJ69DpSws[/video]
The bomb is about to drop.
There must also be a reason why City feel so emboldened to brief we are balls out for Barkley.
[video]http://www.youtube.com/watch?v=oMAJ69DpSws[/video]
Re: City & FFP (continued)
To be fair a lot in the press were critical of our punishment, even the ones that seemed to relish the idea of FFP beforehand. More and more are now seeing the light.
I presume Liverpool are being assesed on just the two seasons (10/11 & 11/12). Can't see them being allowed the pre 2010 wage exemption and as such they should fail by a fair bit. Whether or not they pass the next one will depend on whether or not they've been granted the pre June 2010 exemption or not.
To be fair a lot in the press were critical of our punishment, even the ones that seemed to relish the idea of FFP beforehand. More and more are now seeing the light.
I presume Liverpool are being assesed on just the two seasons (10/11 & 11/12). Can't see them being allowed the pre 2010 wage exemption and as such they should fail by a fair bit. Whether or not they pass the next one will depend on whether or not they've been granted the pre June 2010 exemption or not.
the talisman
Well-Known Member
Re: City & FFP (continued)
"Balls out for Barkley"?
Can't we just give him a rousing round of applause?
tolmie's hairdoo said:
"Balls out for Barkley"?
Can't we just give him a rousing round of applause?
tolmie's hairdoo
Well-Known Member
Re: City & FFP (continued)
Special talent clause, sadly;)
the talisman said:
Special talent clause, sadly;)
gordondaviesmoustache
Well-Known Member
Re: City & FFP (continued)
January?tolmie's hairdoo said:
crystal_mais
Well-Known Member
Re: City & FFP (continued)
how big a bomb we talking here TH?
giz a bit more pal :)
tolmie's hairdoo said:
how big a bomb we talking here TH?
giz a bit more pal :)