MCFC Glynn
Well-Known Member
- Joined
- 12 Jan 2009
- Messages
- 566
Dont know if its been posted but thought it might be usefull to a few of you.
Below is the Guidelines published by Uefa
http://www.uefa.com/MultimediaFiles/Download/uefaorg/Clublicensing/01/50/09/12/1500912_DOWNLOAD.pdf
Not read through the full 90 pages. just skimmed over the key bits. so lets hope this can help a few questions.
PAGE 76
g) Expenditure on youth development activities
Appropriate adjustment may be made such that youth development
expenses are excluded from the calculation of the break-even result.
Expenditure on youth development activities means expenditure by a club
that is directly attributable (i.e. would have been avoided if the club did not
undertake youth development activities) to activities to train, educate and
develop youth players involved in the youth development programme, net of
any income received by the club that is directly attributable to the youth
development programme. The break-even requirement allows a reporting
entity to exclude expenditure on youth development activities from relevant
expenses because the aim is to encourage investment and expenditure on
facilities and activities for the long-term benefit of the club.
So I think this means that any money that goes towards our youth structure/development would be discounted from the break even.
PAGE 77
h) Expenditure on community development activities
Appropriate adjustment may be made such that community development
expenses are excluded from the calculation of the break-even result.
Expenditure on community development activities means expenditure that is
directly attributable (i.e. would have been avoided if the club did not
undertake community development activities) to activities for the public
benefit to promote participation in sport and advance social development.
From what I gather this means any community work undertaken by the club. (which is alot as we are a community club) would be discounted from the breakeven sheet.
k) Expenses of non-football operations not related to the club
The expenses (and income – see part B(1)(k)) of non-football operations
which are clearly and exclusively not related to the activities, locations or
k) Income from non-football operations not related to the club
The income (and expenses – see part C(1)(k)) of non-football operations only
needs to be excluded from the calculation of relevant income if it is clearly
and exclusively not related to the activities, locations or brand of the football
club, in which case it must be excluded.
Examples of activities that may be reported in financial statements as nonfootball
operations but for the purposes of the calculation of relevant income
and expenses would not normally need to be adjusted include:
• Operations based at, or in close proximity to, a club’s stadium and
training facilities such as a hotel, restaurant, conference centre, business
premises (for rental), health-care centre, other sports teams; and
• Operations clearly using the name/brand of a club as part of their
operations.
brand of the football club may be excluded from the calculation of relevant
expenses.
If anyone can shed abit more light on this please feel free to take over.
Below is the Guidelines published by Uefa
http://www.uefa.com/MultimediaFiles/Download/uefaorg/Clublicensing/01/50/09/12/1500912_DOWNLOAD.pdf
Not read through the full 90 pages. just skimmed over the key bits. so lets hope this can help a few questions.
PAGE 76
g) Expenditure on youth development activities
Appropriate adjustment may be made such that youth development
expenses are excluded from the calculation of the break-even result.
Expenditure on youth development activities means expenditure by a club
that is directly attributable (i.e. would have been avoided if the club did not
undertake youth development activities) to activities to train, educate and
develop youth players involved in the youth development programme, net of
any income received by the club that is directly attributable to the youth
development programme. The break-even requirement allows a reporting
entity to exclude expenditure on youth development activities from relevant
expenses because the aim is to encourage investment and expenditure on
facilities and activities for the long-term benefit of the club.
So I think this means that any money that goes towards our youth structure/development would be discounted from the break even.
PAGE 77
h) Expenditure on community development activities
Appropriate adjustment may be made such that community development
expenses are excluded from the calculation of the break-even result.
Expenditure on community development activities means expenditure that is
directly attributable (i.e. would have been avoided if the club did not
undertake community development activities) to activities for the public
benefit to promote participation in sport and advance social development.
From what I gather this means any community work undertaken by the club. (which is alot as we are a community club) would be discounted from the breakeven sheet.
k) Expenses of non-football operations not related to the club
The expenses (and income – see part B(1)(k)) of non-football operations
which are clearly and exclusively not related to the activities, locations or
k) Income from non-football operations not related to the club
The income (and expenses – see part C(1)(k)) of non-football operations only
needs to be excluded from the calculation of relevant income if it is clearly
and exclusively not related to the activities, locations or brand of the football
club, in which case it must be excluded.
Examples of activities that may be reported in financial statements as nonfootball
operations but for the purposes of the calculation of relevant income
and expenses would not normally need to be adjusted include:
• Operations based at, or in close proximity to, a club’s stadium and
training facilities such as a hotel, restaurant, conference centre, business
premises (for rental), health-care centre, other sports teams; and
• Operations clearly using the name/brand of a club as part of their
operations.
brand of the football club may be excluded from the calculation of relevant
expenses.
If anyone can shed abit more light on this please feel free to take over.