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

[LoveCity]

Re: City & FFP (continued)

That annoying twonk Ben Rumsby, who I begrudgingly admit has been right on a fair few FFP matters, says the fine is going to be divided and given to our rival Premier League clubs. Although if we meet the sanctions and get most back as the club expects, it'd give them only £138,000 each. But it's still an insult, considering we've done NOTHING wrong.

It's depressing how UEFA blatantly want to stop us and City can do nothing about it except take the slap on the wrist for now. And with Dupont's challenge failing, there is nothing to stop it continuing.

I hope a fire engulfs UEFA HQ, tbh. Corrupt megalomaniacs.

Did the DuPont challenge fail!? I must have missed that, what happened??? Any links???

Here: <a class="postlink" href="http://uk.reuters.com/article/2014/05/20/uk-soccer-europe-ffp-idUKKBN0E01ZW20140520" onclick="window.open(this.href);return false;">http://uk.reuters.com/article/2014/05/2 ... ZW20140520</a>

He's still challenging it in a Belgium court apparently, but looks like the big one has been thrown out???

 

[Mr Ed (The Stables)]

Re: City & FFP (continued)

That annoying twonk Ben Rumsby, who I begrudgingly admit has been right on a fair few FFP matters, says the fine is going to be divided and given to our rival Premier League clubs. Although if we meet the sanctions and get most back as the club expects, it'd give them only £138,000 each. But it's still an insult, considering we've done NOTHING wrong.

It's depressing how UEFA blatantly want to stop us and City can do nothing about it except take the slap on the wrist for now. And with Dupont's challenge failing, there is nothing to stop it continuing.

I hope a fire engulfs UEFA HQ, tbh. Corrupt megalomaniacs.

Did the DuPont challenge fail!? I must have missed that, what happened??? Any links???

<a class="postlink" href="http://www.theguardian.com/football/2014/may/20/uefa-defeats-financial-fair-play-challenge" onclick="window.open(this.href);return false;">http://www.theguardian.com/football/201 ... -challenge</a>


Uefa defeats legal challenge to financial fair play rules
• EC ruling declares there is no case to answer
• Uefa had consulted heavily with EC on rules



Uefa has defeated a legal challenge to its financial fair play rules, which have been upheld by the European Commission. The rules, which require clubs to move towards financially breaking even and have recently been enforced for the first time, were challenged last year by Daniel Striani, a players’ agent registered in Belgium.

Striani, represented by a Belgian lawyer, Jean-Louis Dupont, argued that the regulations would restrict investment in clubs, lock in the power of big clubs by preventing others indulging in huge spending and dampen down players’ wage and transfer fee inflation.

In a letter sent to Striani, copied to Uefa, the EC rejected the complaint, saying it does not intend to investigate it any further. It argued that the financial fair play rules apply to clubs, not to players’ agents, and therefore Striani has no legitimate interest in complaining about them.

The EC said Striani’s complaint that FFP would decrease transfer activity had not been further substantiated and it had received no other complaints at all in almost four years since the rules were introduced. No club has made a complaint to the EC, which noted that it was widely consulted about the rules before they were passed. The clubs’ organisations and leagues represented at Uefa unanimously supported the rules being introduced.

The EC response, which allows Striani four weeks to submit observations before becoming final, comes as Uefa has concluded settlements with eight clubs, including the Premier League champions Manchester City, found to have breached the financial fair play rules this year. City agreed reluctantly on 16 May to a maximum €60m sanction over three years, restriction to 21 players in next season’s Champions League squad and to maintain wages at their present level.

Uefa consulted extensively with the EC about the workability within European law of its rules, which it says are aimed at helping clubs not to overspend and to be financially healthier. . A spokesman said: “Uefa is very pleased that this decision by the European Commission upholds all aspects of the financial fair play regulations.”

Dupont also brought the case in a Belgian court so it is yet possible it will proceed. He could not be reached for comment.

 

[Joe Hart's Dandruff]

Re: City & FFP (continued)

Whole thing is a corrupt mess, from the top down. Sickening.

 

[lancs blue]

Re: City & FFP (continued)

The European Commission is essentially a political body, it was the European Court of Justice that made the historic Bosman ruling. If Dupont is to pursue it through the courts that's where he will have to eventually win his case.

 

[Prestwich_Blue]

Re: City & FFP (continued)

David Conn ‏@david_conn 1m
The European Commission has said it is rejecting the legal challenge to Uefa's Financial Fair Play rules - effectively upholding the rules.

Jake Cohen ‏@JakeFCohen 3m
On news that European Commission rejected FFP challenge, important to note that EC can be overruled by courts + process will be a long one

Jake Cohen is right. It wasn't a legal challenge but a procedural one. There's nothing to stop him going to court now but that could take 5 years.

 

[BlueMo']

Re: City & FFP (continued)

I think Khaldoons comments have put all this shit to bed. It's legalised extortion and we won't be "pinched" again.
All the young kids now supporting the likes of Newcastle, Everton, Villa can forget about their dreams ever coming true like mine did.
FFP has seen to that surely. Corrupt as fuck. It's a fuckin' cartel and no other business would tolerate it.

 

[vintiz]

Re: City & FFP (continued)

Why don't you just let his performances and the man speak for himself?

Every Summer we get this from his so-called agent. Yaya is just trying to be nice to everyone. Ignore it

I know this is in the wrong thread but why doesn't he just tell his agent to shut the fuck up?
It'd go a long way to maintaining Yaya's reputation.

I would suggest it is very much related to FFP. Yaya is a great player, but he has enough money to feed a good chunk of the Ivory Coast, and his wealth will now be meaningless. Like any great player, it's now all about honours and for him it will be the Champions League, the World Cup, and ACON. With a powerful 25 man squad, we would have had every chance of bringing the C/L to this country, but UEFA have now sabotaged that dream and I am sure that his agent is now sounding out Europe's finest where he might feel this need is better satisfied before he retires. At 31, time is not on his side.

Wtf are you talking about ? Yaya has won the champs league with barca already !

 

[Matty]

Re: City & FFP (continued)

David Conn ‏@david_conn 1m
The European Commission has said it is rejecting the legal challenge to Uefa's Financial Fair Play rules - effectively upholding the rules.

Jake Cohen ‏@JakeFCohen 3m
On news that European Commission rejected FFP challenge, important to note that EC can be overruled by courts + process will be a long one

Jake Cohen is right. It wasn't a legal challenge but a procedural one. There's nothing to stop him going to court now but that could take 5 years.

Reading the EC's response they are basically saying that it would need a football club to challenge the FFP regulations rather than an individual. Unfortunately that seems unlikely to happen as the club in question would need to have deep pockets, a willingness to enter into a lengthy legal battle, and care little about the potential for negative press.

 

[pavelsrnicek]

Re: City & FFP (continued)

That annoying twonk Ben Rumsby, who I begrudgingly admit has been right on a fair few FFP matters, says the fine is going to be divided and given to our rival Premier League clubs. Although if we meet the sanctions and get most back as the club expects, it'd give them only £138,000 each. But it's still an insult, considering we've done NOTHING wrong.

It's depressing how UEFA blatantly want to stop us and City can do nothing about it except take the slap on the wrist for now. And with Dupont's challenge failing, there is nothing to stop it continuing.

I hope a fire engulfs UEFA HQ, tbh. Corrupt megalomaniacs.

Did the DuPont challenge fail!? I must have missed that, what happened??? Any links???

Here: <a class="postlink" href="http://uk.reuters.com/article/2014/05/20/uk-soccer-europe-ffp-idUKKBN0E01ZW20140520" onclick="window.open(this.href);return false;">http://uk.reuters.com/article/2014/05/2 ... ZW20140520</a>

He's still challenging it in a Belgium court apparently, but looks like the big one has been thrown out???

He can challenge that and it could ultimately be sent forward to the European Court of Justice, where I believe the "right" decision would come from. The European Commission is more like a Cabinet of Europe and as such is open to lobbying, politicking and cronyism. Ultimately the Bosman decision came from the ECJ not the Commission. Most of the important EU Law developments have come from the ECJ as it in effect defines how legislation and policy are compatible or otherwise with EU law. For want of a better phrase it tests the "constitutionality" of national legislation, policy and practices as against the various EU treaties, Regulations and ECJ decisions.

 

[6one]

Re: City & FFP (continued)

Pretty sure the challenge has been thrown out because he doesn't have a "legitimate interest" rather than actually decided on the legality of FFP.