FFP facing legal challenge (updated pg 12)

[Shaelumstash]

Re: Wall St Journal Article on FFP

I'd like to buy that man a pint.

And who will challenge these rules so that they can be, or could be overturned?

No one will, and I include ourselves in that. Why would we? Think about it, we are inside pissing out now just like Chelsea and the Sh1te . This ruling insures the investment of our lovely owner.

Well because since we started curbing our spending to prepare for FFP we're 15 points behind in the league! I don't think our lovely owner is particularly concerned about turning a profit for CIty as a stand alone business. He bought us as a vehicle to raise the awareness and profile of Abu Dhabi and it's companies. Finishing 3rd or 4th isn't going to do a very good job of that, he wants to finish 1st, that's why we voted against the FFP rules being brought in to the Premier League.

 

[fbloke]

Re: Wall St Journal Article on FFP

A very good cover letter by Jean-Louis Dupont, a member of the legal team who brought about the Bosman ruling. Now will City, PSG, Anzhi or anyone bite and get him to work on dismantling these rules? I suspect we'll quietly hope someone else like the fearless Russians, who continue to spit in the face of FFP, will do it for us.

From what I understand of EU law any EU citizen or business can ask for an investigation into such business practices.

 

[TCIB]

Re: Wall St Journal Article on FFP

A very good cover letter by Jean-Louis Dupont, a member of the legal team who brought about the Bosman ruling. Now will City, PSG, Anzhi or anyone bite and get him to work on dismantling these rules? I suspect we'll quietly hope someone else like the fearless Russians, who continue to spit in the face of FFP, will do it for us.

From what I understand of EU law any EU citizen of business can ask for an investigation into such business practices.

So if i was say a director and owner of a chemical engineering firm i could trigger this ? :D

 

[fbloke]

Re: Wall St Journal Article on FFP

A very good cover letter by Jean-Louis Dupont, a member of the legal team who brought about the Bosman ruling. Now will City, PSG, Anzhi or anyone bite and get him to work on dismantling these rules? I suspect we'll quietly hope someone else like the fearless Russians, who continue to spit in the face of FFP, will do it for us.

From what I understand of EU law any EU citizen of business can ask for an investigation into such business practices.

So if i was say a director and owner of a chemical engineering firm i could trigger this ? :D

You're an EU citizen aren't you? ;-)

 

[gordondaviesmoustache]

Re: Wall St Journal Article on FFP

From what I understand of EU law any EU citizen of business can ask for an investigation into such business practices.

So if i was say a director and owner of a chemical engineering firm i could trigger this ? :D

You're an EU citizen aren't you? ;-)

I'm not entirely sure if TCIB is even a citizen of Earth tbh ;-)

 

[Shaelumstash]

Re: Wall St Journal Article on FFP

From what I understand of EU law any EU citizen of business can ask for an investigation into such business practices.

So if i was say a director and owner of a chemical engineering firm i could trigger this ? :D

You're an EU citizen aren't you? ;-)

Yeh but the EU aren't going to pay for the investigation to be done on your behalf, simply because you're a "European citizen". Imagine the chaos if any European law could be challenged by any European citizen at absolutely no cost to the individual, it would be anarchy. I'm sure the law can be challenged by anyone, but it would cost an absolute fortune.

 

[Lancet Fluke]

Re: Wall St Journal Article on FFP

A very good cover letter by Jean-Louis Dupont, a member of the legal team who brought about the Bosman ruling. Now will City, PSG, Anzhi or anyone bite and get him to work on dismantling these rules? I suspect we'll quietly hope someone else like the fearless Russians, who continue to spit in the face of FFP, will do it for us.

From what I understand of EU law any EU citizen of business can ask for an investigation into such business practices.

So if i was say a director and owner of a chemical engineering firm i could trigger this ? :D

What about if someone owned a carpet shop?

 

[fbloke]

Re: Wall St Journal Article on FFP

So if i was say a director and owner of a chemical engineering firm i could trigger this ? :D

You're an EU citizen aren't you? ;-)

Yeh but the EU aren't going to pay for the investigation to be done on your behalf, simply because you're a "European citizen". Imagine the chaos if any European law could be challenged by any European citizen at absolutely no cost to the individual, it would be anarchy. I'm sure the law can be challenged by anyone, but it would cost an absolute fortune.

Its not a case of challenging an EU law its asking the EU/EC to investigate anti-competetive practices that harm your rights as an EU citizen.

 

[Shaelumstash]

Re: Wall St Journal Article on FFP

You're an EU citizen aren't you? ;-)

Yeh but the EU aren't going to pay for the investigation to be done on your behalf, simply because you're a "European citizen". Imagine the chaos if any European law could be challenged by any European citizen at absolutely no cost to the individual, it would be anarchy. I'm sure the law can be challenged by anyone, but it would cost an absolute fortune.

Its not a case of challenging an EU law its asking the EU/EC to investigate anti-competetive practices that harm your rights as an EU citizen.

OK, so how do you propose "asking the EU/EC to investigate"? By sending "them" a friendly email / Tweet?!

The only way this could be challenged is if you employed a law firm to put together a case that clearly demonstrated the FFP regs were "anti-competetive practices that harm your rights as an EU citizen."

If the evidence was strong enough, an EU court may then open an investigation, but it would cost tens of thousands of Euro's in legal fee's to even get to that stage.

 

[Mikeegrini]

Re: Wall St Journal Article on FFP

And who will challenge these rules so that they can be, or could be overturned?

No one will, and I include ourselves in that. Why would we? Think about it, we are inside pissing out now just like Chelsea and the Sh1te . This ruling insures the investment of our lovely owner.

Well because since we started curbing our spending to prepare for FFP we're 15 points behind in the league! I don't think our lovely owner is particularly concerned about turning a profit for CIty as a stand alone business. He bought us as a vehicle to raise the awareness and profile of Abu Dhabi and it's companies. Finishing 3rd or 4th isn't going to do a very good job of that, he wants to finish 1st, that's why we voted against the FFP rules being brought in to the Premier League.

I'd agree about turning a profit, it's not a requirement, but just competing against and ruffling the feathers of the so called elite has done its job in raising the profile of Abu Dhabi and as more success comes our way, and I'm very sure much, much more will come, it will continue to do so. If FFP hadn't been invented then maybe spending would be different. IMO it just means total dominance will take a little longer. The days of ostentatious Arab splashing of the cash has to some extent gone. I wouldn't be surprised if a more organic route to the pinnacle of football is more desirable to the Sheik. It would help silence some of the rhetoric against us. Does the Sheik want to be the best? Of course. Can we do it within FFP? I'd say so.

As for our position I still think we will finish second this year and win the cup, not ideal of course but with the success of the last couple of years I still think we are in front of target if (including this year) trophies are combined.
If, as is speculated, our losses are down to £50 mill for the coming years end accounts I can see a big spend again this summer and us still piss FFP.