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

[SebastianBlue]

Would love to do that to Michael Owen.

Who wouldn’t?

Fairly sure Mrs. Owen would be head of the queue.

 

[Chappie]

So he knows the tea lady - mmmmm

Thats my mother you're talking about,leave it out

 

[SebastianBlue]

I thought the details were well known but here we go. Liverpool were on the brink of failing FFP and magicked up £50 million (some sources say £35 million) in 'stadium development expenses' for the Stanley Park Project which had already been abandoned years before. They offset this against their FFP losses and UEFA accepted it despite the sum involved being rather a lot for mowing the grass a few times and maybe getting an inital blueprint knocked up.

There's an article in the Telegraph from 2015 but you might have to sign up for a free trial to read it uninterrupted.

https://www.telegraph.co.uk/sport/f...xpected-to-escape-fine-for-breaching-FFP.html

As I said, people are losing their edge... ;-)

 

[come-on-barney]

Thats my mother you're talking about,leave it out

I bet she knows

 

[SkemBlue1]

FFP could be more effective if it took a more holistic (is it safe to use that word yet?) look at clubs' financial situations.

At the moment it just looks at the P&L account yet you could have two clubs with identical revenue and bottom lines but one has loads of cash in the bank and the other could be weighed down with debt and struggling to meet the repayments. Currently FFP sees those two as equal, whereas the reality is that the latter is far more at risk than the former.

That's the point exactly! As far as I am aware City have no debt and if the owners walked away they would need to sell to the highest bidder. United generate a greater turnover than us but are maintaining huge debt, just like Liverpool. Our owners have also developed a world class academy and invested heavily in the local area. Hopefully the academy will produce many more Fodens in the future.
Just a thought, who was the last team to win the League with all English players? Doubt it will happen again and we'd have missed the likes of Merlin anyway.

 

[Keeper!]

#JusticeForBerts

 

[patrickblue]

Can you sum up the Stanley Park instanced briefly? Not heard much about that.

Not surprised you haven't heard much about it. It was kept very quiet by the media.
Wonder why?

 

[Keeper!]

Not surprised you haven't heard much about it. It was kept very quiet by the media.
Wonder why?

You mean like Heysell and Hacking a competitors scouting database?

 

[Barcon]

You rang?

You refer to yourself as a Bert, do you not?

 

[SkemBlue1]

That's the point exactly! As far as I am aware City have no debt and if the owners walked away they would need to sell to the highest bidder. United generate a greater turnover than us but are maintaining huge debt, just like Liverpool. Our owners have also developed a world class academy and invested heavily in the local area. Hopefully the academy will produce many more Fodens in the future.
Just a thought, who was the last team to win the League with all English players? Doubt it will happen again and we'd have missed the likes of Merlin anyway.

FFP and fair? A player may choose to get 200K a week in a country where they pay less tax so that skews Financially Fair also.