Manchester City FFP fine to be shared among other Champions League clubs

MARTYN ZIEGLER wrote:Manchester City's huge fine for breaching UEFA's financial fair play rules is to be shared out around the other clubs in the Champions League.

City were fined £50million for the FFP breaches but will only have to pay around £20million if they comply with the break-even rules in future seasons.

The first tranche of payments from City, Paris St Germain and Zenit St Petersburg will total £20million and will be split among the Champions League and Europa League clubs who did comply with the rules last season.

A similar sum will be distributed to clubs who comply with the FFP rules in this season's European competitions.

European Clubs' Association chairman Karl-Heinz Rummenigge said UEFA had agreed the fines should go to the other clubs.

He told a news conference in Geneva: "It was an agreement between UEFA and the clubs that it was money belonging to the clubs."

The clubs will have a chance to argue any changes to FFP rules at a meeting with UEFA on October 13.

UEFA president Michel Platini said in his speech to the ECA: "The framework for financial fair play must be dynamic, it must evolve constantly, which is why I have convened an important round table on the subject with your representatives at UEFA headquarters on 13 October.

"We will see whether any imperfections can be ironed out and whether there is room to further improve the system."

nasir6371 wrote:City giving £645,161 to every team CL, They better send us a Christmas card!

Really wished City would have challenged the FFP BS in court, in the business world this is call Protectionism by the big clubs against smaller ones.


City getting in the door before it was shut behind us, Sheikh Mansour

nasir6371 wrote:Fining a club £20/50 million for overspend is utter BS. Exclusion from CL/Europa, Squad restriction,  and/or Transfer ban are more effective than fining teams.

Currently FFP is used to stop smaller clubs from becoming bigger clubs and to keep the status quo.

Tomwin Lannister wrote:Instead of these obscure FFP laws that are disgraceful, how about setting all clubs a combined net spend and wage budget limit.

Tomwin Lannister wrote:Who said anything about limiting players wages?

I'm talking about a club total. So if you have an extra 30M p/a  left of wages you could give it all to some scrub if you really wanted to. Or you could bring in several players all taking a smaller chunk out of that

Peccadillo wrote:
I think a salary/transfer cap will become necessary unless a euro super league is created.

I found out the other day that AFL (Australian Football League) has something called "Veteran" status.

So if a player is at a club for X amount of years, they develop "veteran" status and become exempt from the salary cap. I think its a good rule. But then as a gooner, I would say that.

I'd be shocked to see it happen in football as there is too much money to be made from players slutting themselves out every season.

My point is I think there are plenty of measures you can make with salary/transfer caps to still enable plenty of freedom in the market.