UEFA FFP investigation - CAS decision to be announced Monday, 13th July 9.30am BST

[King KdB of Belgium]

It all boils down to what I have been saying for years now, that is FFP should be scraped. In it's place there should be a new law, that is COP. this stands for CAN OWNERS PAY. UEFA should be able to ask questions of the owners of all participating clubs in UEFA comps.. That should the banks come calling, can the owners pay off some of the debt that the club has accrued, the owners have sufficient funds to pay at least 25% off the debt within a specified time limit. Let's say for arguments sake 4weeks from the moment the bank asks for the debt to be reduced the clubs owners can do this. If this is not possible then the club is banned from all European comps until the debt is reduce by 50%, or 2 seasons which ever comes first.

 

[Cobwebcat]

The only rule left for them soon will be investment is only allowed if your name isn't Manchester City F.C.

Name change to Manchester City 1894 incoming...... ;-)

 

[Henkeman]

The only rule left for them soon will be investment is only allowed if your name isn't Manchester City F.C.

Name change to Manchester City 2008 cos they have no history incoming...... ;-)

Fixed.

 

[SatOnTheWall]

How do you know that?

I don't. But it would explain why they are furiously backtracking better than any other explanation I can think of.

 

[berryblue]

If I owned a Printing company and was offered a lucrative contract which meant I would need to borrow 1 million pounds to purchase the necessary machinery to fulfill the said contract. Is there a law/ruling that would not allow me to borrow the money? UEFA/FA seem to think there is.

 

[blueparrot]

If I owned a Printing company and was offered a lucrative contract which meant I would need to borrow 1 million pounds to purchase the necessary machinery to fulfill the said contract. Is there a law/ruling that would not allow me to borrow the money? UEFA/FA seem to think there is.

There isn’t , but I think there should be rule that monitors where it comes from obviously a bank would want to see a business plan. Whereas if you lent the bsiness the money youself you would be in danger of bankrupting yourself and the business. So I can see a need for some control to protect clubs from bad owners. I dont know enough to say what that should be but it obviously isnt right if we fall foul of it and the Glazers can load a club with debt.

 

[denislawsbackheel]

Great band.
Got both their albums on vinyl.

There was a great documentary repeated a couple of years ago following them on tour in the 70s.
Driving up an empty A1 in an old transit.

 

[hertsblue]

Probably happen after City get fucked over.

Didn't they change the rules a few years ago when the Italian teams, notably AC Millan wanted to spend huge so they changed the rules to let them, but at the same time said the new rules do not apply to us due to us failing FFP previously

 

[Rolee]

There isn’t , but I think there should be rule that monitors where it comes from obviously a bank would want to see a business plan. Whereas if you lent the bsiness the money youself you would be in danger of bankrupting yourself and the business. So I can see a need for some control to protect clubs from bad owners. I dont know enough to say what that should be but it obviously isnt right if we fall foul of it and the Glazers can load a club with debt.

The control could be financial penalties to the owner for breaches rather than punishing the clubs themselves.

 

[blueparrot]

The control could be financial penalties to the owner for breaches rather than punishing the clubs themselves.

That would be very difficult without the courts, UEFA have no control over private individuals only over clubs competing in their competitions I’d have thought.