PL charge City for alleged breaches of financial rules

BlueAnorak said:
FFP related...
UEFA have scuppered Real Madrid and Barcelona's plans. Borrowing against future revenue will soon be considered debt not revenue.
Telegraph Article...
Click to expand...

Barcelona fined 500K for "wrongly reporting" this as revenue apparently. Well, well. Not sure why Madrid haven't been, because they did the same. The article seems to suggest Madrid passed FFP as they made profits in other years to offset the losses, whereas Barcelona didn't, but wrong accounting is wrong accounting anyway, so it doesn't make much sense.
 
halfcenturyup said:
Barcelona fined 500K for "wrongly reporting" this as revenue apparently. Well, well. Not sure why Madrid haven't been, because they did the same. The article seems to suggest Madrid passed FFP as they made profits in other years to offset the losses, whereas Barcelona didn't, but wrong accounting is wrong accounting anyway, so it doesn't make much sense.
Click to expand...

Don’t think Gundo is even registered yet for Barcelona! What a tin pot cheating fcuking club they are!
 
FFP had one purpose, stop Manchester City, it failed. The owners and management at City were ahead of the curve and have set the blueprint on how to buy and manage a football club. The Rags and now Barcelona and Madrid have now fallen foul of the regulations they dreamt up to protect their cartel. The future is blue.
 
halfcenturyup said:
Barcelona fined 500K for "wrongly reporting" this as revenue apparently. Well, well. Not sure why Madrid haven't been, because they did the same. The article seems to suggest Madrid passed FFP as they made profits in other years to offset the losses, whereas Barcelona didn't, but wrong accounting is wrong accounting anyway, so it doesn't make much sense.
Click to expand...
it'll be time barred ;)
 
tweety said:
FFP had one purpose, stop Manchester City, it failed. The owners and management at City were ahead of the curve and have set the blueprint on how to buy and manage a football club. The Rags and now Barcelona and Madrid have now fallen foul of the regulations they dreamt up to protect their cartel. The future is blue.
Click to expand...

Yep and guess what when they fail they get a fine of pence
 
tweety said:
Is this now the end of the G14 cartel? UEFA seems to have grown a set of balls, I think that this is their payback for the breakaway league that they were desperate for. I think we've won.
Click to expand...

I think Real and Barcelona are the only 2 of the ESL clubs who haven't abandoned the idea.
UEFA really have no reason to support them, and influential German/French clubs won't be too bothered about them.
 
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