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

Interesting and well written article about the proposed FFP changes @ UEFA. They are moving to tighten the regs on a lot of the issues that we ran rings around UEFA at CAS on, re limitations and sharing of documents to CAS rather than them etc.

Good news for us (imo) is that the new make-up of the regs appears to show that they are finally seeing that limitation and break even periods are not the best way to regulate finances in football, and they are moving more towards transfer fees and wage regulation. Admittedly with all the different EU laws it’ll be hard for them to do/implement.

Reads to me as UEFA actually pushing back on the clubs that fucked them with the SL, and are actually now looking to implement regs that legitimately safeguard ALL clubs in their competitions rather than the old guard:

https://t.co/0VVB1PI00d
 
Citizen Green said:
Interesting and well written article about the proposed FFP changes @ UEFA. They are moving to tighten the regs on a lot of the issues that we ran rings around UEFA at CAS on, re limitations and sharing of documents to CAS rather than them etc.

Good news for us (imo) is that the new make-up of the regs appears to show that they are finally seeing that limitation and break even periods are not the best way to regulate finances in football, and they are moving more towards transfer fees and wage regulation. Admittedly with all the different EU laws it’ll be hard for them to do/implement.

Reads to me as UEFA actually pushing back on the clubs that fucked them with the SL, and are actually now looking to implement regs that legitimately safeguard ALL clubs in their competitions rather than the old guard:

https://t.co/0VVB1PI00d
Click to expand...

Very interesting, thanks. I wonder which club will be the first to have the new procedures applied to it.

Still no mention of tackling debt in the proposed new regulations I see.
 
New regulations, lets toothcomb Citys accounts first. Just in case we missed anything the previous thousand times. We know the red tops accounting is perfect so we neednt bother them.
 
Newman Noggs said:
Very interesting, thanks. I wonder which club will be the first to have the new procedures applied to it.

Still no mention of tackling debt in the proposed new regulations I see.
Click to expand...
Football clubs and governing bodies see no problem with debt. They think of it like me or you taking out a mortgage, we don’t see ourselves as £250k in debt, we just see that we have a mortgage… football clubs don’t think of themselves as £250m in debt, they just see it as a sum of money they took out to move forward as a club and something they just need to pay with their revenue, just like any other outgoings. Governing bodies don’t seem to see a problem with owners coming in and putting their debts onto profitable football clubs to service their debts.

It seems like madness to me and you, but there is just such a blasé attitude to it in football.

This is where the problem lies. Club like Barcelona have gone years just thinking debt is fine, but now they’re in a right old mess because banks actually do see a problem with debt.

The governing bodies need to punish all clubs in debt because it’s them who have ruined and will further ruin the game!
 
Last edited by a moderator:
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Citizen Green said:
Interesting and well written article about the proposed FFP changes @ UEFA. They are moving to tighten the regs on a lot of the issues that we ran rings around UEFA at CAS on, re limitations and sharing of documents to CAS rather than them etc.

Good news for us (imo) is that the new make-up of the regs appears to show that they are finally seeing that limitation and break even periods are not the best way to regulate finances in football, and they are moving more towards transfer fees and wage regulation. Admittedly with all the different EU laws it’ll be hard for them to do/implement.

Reads to me as UEFA actually pushing back on the clubs that fucked them with the SL, and are actually now looking to implement regs that legitimately safeguard ALL clubs in their competitions rather than the old guard:

https://t.co/0VVB1PI00d
Click to expand...
Nah, just another Uefa fudge.
 
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