City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

[gordondaviesmoustache]

Re: City & FFP (continued)

UEFA spokesman summarises today's discussions.........

During full and frank discussions.... potential enhancements to the system were also discussed with the debate covering such diverse issues as owners' investment, club debt, ossification, the fair value of related-party transactions, differing financial and legal circumstances in different countries and the perceived advantage of clubs not in European competition the previous season

Ossification is an interesting one.

 

[BlueAnorak]

Re: City & FFP (continued)

Haven't Sap software just sponsored Bayern Munich?

Let's hope it does Stop All Production (SAP) for Bayern.

Don't know why anyone would buy SAP - it's so expensive and costs a fortune to support.

 

[Hamann Pineapple]

Re: City & FFP (continued)

UEFA spokesman summarises today's discussions.........

During full and frank discussions.... potential enhancements to the system were also discussed with the debate covering such diverse issues as owners' investment, club debt, ossification, the fair value of related-party transactions, differing financial and legal circumstances in different countries and the perceived advantage of clubs not in European competition the previous season

Ossification is an interesting one.

Well they are on the bones of their arse

 

[squirtyflower]

Re: City & FFP (continued)

UEFA spokesman summarises today's discussions.........

During full and frank discussions.... potential enhancements to the system were also discussed with the debate covering such diverse issues as owners' investment, club debt, ossification, the fair value of related-party transactions, differing financial and legal circumstances in different countries and the perceived advantage of clubs not in European competition the previous season

Ossification is an interesting one.

it's why we have FFP

 

[gordondaviesmoustache]

Re: City & FFP (continued)

UEFA spokesman summarises today's discussions.........

Ossification is an interesting one.

Well they are on the bones of their arse

You can be quite humerus when you put your mind to it, HP.

 

[grim up north]

Re: City & FFP (continued)

Haven't Sap software just sponsored Bayern Munich?

Let's hope it does Stop All Production (SAP) for Bayern.

Don't know why anyone would buy SAP - it's so expensive and costs a fortune to support.

Have heard the Sheik has a bob or two behind him

 

[jrb]

Re: City & FFP (continued)

From ITV.

Manchester City have told UEFA chiefs that wealthy benefactors should not be penalised under financial fair play rules for investing heavily in clubs.

City and Paris St Germain were each fined £49million for FFP rule breaches last season - and both clubs sent senior figures to a meeting chaired by UEFA president Michel Platini on Monday in Nyon, Switzerland, to discuss any changes to the rules.

City chief executive Ferran Soriano attended the meeting, as did PSG chairman Nasser Al-Khelaifi and it is understood both stressed their belief that sustainable investment should be permitted.

No decisions were taken at the meeting, which also discussed whether large debts carried by clubs such as Manchester United and Real Madrid should also be tackled more strongly by FFP rules. Currently, only the interest on those debts is viewed as part of the FFP calculation.

European clubs also called on UEFA to close the loophole that has allowed some teams - including Liverpool, Monaco and Roma - to qualify for this season's Champions League without submitting accounts because they were not involved in European football last season.

UEFA president Michel Platini said: "We have succeeded in reducing the cumulative losses of European clubs and in stabilising European football's finances. We must now work together to ensure that clubs can grow and prosper in the future - and today's discussions were an encouraging step in that direction."

UEFA said in a statement: "During full and frank discussions.... potential enhancements to the system were also discussed with the debate covering such diverse issues as owners' investment, club debt, ossification, the fair value of related-party transactions, differing financial and legal circumstances in different countries and the perceived advantage of clubs not in European competition the previous season."

 

[BlueAnorak]

Re: City & FFP (continued)

UEFA spokesman summarises today's discussions.........

During full and frank discussions.... potential enhancements to the system were also discussed with the debate covering such diverse issues as owners' investment, club debt, ossification, the fair value of related-party transactions, differing financial and legal circumstances in different countries and the perceived advantage of clubs not in European competition the previous season

Ossification is an interesting one.

Ossification (non-medical definition) = The process of becoming rigid or inflexible in habits, attitudes, opinions, etc.:

i.e. In UEFA's case: The creation of a cartel of serial unchanging champions League qualifiers, a champions league draw that pulls out similar fixtures every year.

 

[gordondaviesmoustache]

Re: City & FFP (continued)

UEFA spokesman summarises today's discussions.........

Ossification is an interesting one.

Ossification (non-medical definition) = The process of becoming rigid or inflexible in habits, attitudes, opinions, etc.:

i.e. In UEFA's case: The creation of a cartel of serial unchanging champions League qualifiers, a champions league draw that pulls out similar fixtures every year.

That's precisely why I found its use interesting.

 

[cibaman]

Re: City & FFP (continued)

Ossification is an interesting one.

Ossification (non-medical definition) = The process of becoming rigid or inflexible in habits, attitudes, opinions, etc.:

i.e. In UEFA's case: The creation of a cartel of serial unchanging champions League qualifiers, a champions league draw that pulls out similar fixtures every year.

That's precisely why I found its use interesting.

I think they're referring to the need to avoid ossification, not being too rigid in their rules, For example, not being restricted by accepted definitions of related party transactions. Or having sufficient flexibility to allow a team finishing 7th to play in the competition in certain circumstances.