Uefa plans tough action on financial fair play

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Post by RealGunner Wed Sep 07, 2011 4:46 pm

Uefa will withhold prize money and issue transfer bans on clubs failing to meet the new financial fair play rules.

The ultimate sanction remains a ban from European competition but Uefa told the European Club Association (ECA) it wanted other penalties at its disposal.

"It's good Uefa are thinking penalties that fit the crime better than the usual sporting sanctions," Inter Milan chief executive Ernesto Paolillo said.

"This will give the push that some clubs need."

"Football clubs understand rules, it's what we're used to, so we wanted to hear more about the penalties," Paolillo added.

Alarmed about the amount of debt carried by Europe's leading clubs, and the fact that only 20% of them turn a profit, Uefa president Michel Platini is determined to encourage a more sustainable business model.

The rules, designed to ensure clubs live within their means over a rolling three-year period, do not come into full effect until the 2013-14 season but this campaign is the first that "counts" towards the initial assessment by the governing body's FFP panel.

That panel is headed by the former Prime Minister of Belgium Jean-Luc Dehaene, who spoke exclusively to the BBC last month about his hopes for the new system.

Andrea Traverso is the most senior Uefa official involved in the implementation of FFP and it was he who came to the ECA's general assembly in Geneva on Monday to outline the range of possible sanctions.

ECA chairman Karl-Heinz Rummenigge said the organisation's 201 members fully support the initiative and look forward to working out any kinks during the "soft implementation" stage of the next two years.

"Always buying, buying, buying isn't rational," added Rummenigge, who is also chief executive of Bundesliga giants Bayern Munich.

"We unanimously signed up to FFP in 2009 and we are ready for it now. The ECA will help clubs meet the criteria, it's an obligation."

As so often in football, the fixture list has thrown up an intriguing Champions League contest between Rummenigge's Bayern and Manchester City, the free-spending Premier League team that has provoked so much FFP-related debate.

City have been transformed in the three years since they were bought by Abu Dhabi royalty and many observers have wondered how their lavish spending could possibly meet Uefa's new criteria for balanced books.

Even Rummenigge said last season that it seemed unlikely a club that was losing £120m-plus a year could comply with FFP unless they had "a trick up their sleeves".

So when City announced a greatly improved sponsorship deal with Abu Dhabi-based Etihad Airways in July - a shirt and stadium naming rights package worth in the region of £350m over 10 years - it seemed they had found this "trick".

But City's Etihad deal has attracted considerable comment from some of the club's Premier League rivals, particularly Arsenal and Liverpool, both of whom are fellow ECA members.

Rummenigge, however, refused to be drawn on the issue in Geneva on Tuesday, saying only that links between the clubs were healthy following the sale of Jerome Boateng to the German team this summer and "it was not up to us" to decide on the fairness of any other club's commercial deals.

Bayern host City at their Allianz Arena on 27 September.

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Post by Art Morte Wed Sep 07, 2011 5:05 pm

Thumbs up

I just hope UEFA won't hesitate to ban clubs from Champions and Europe Leagues. Withholding prize money doesn't really matter to sugar daddy clubs. Transfer ban, on the other hand, sounds like a good punishment for breaking FFP rules.
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Post by Raptorgunner Wed Sep 07, 2011 5:18 pm

RealGunner wrote:Uefa will withhold prize money and issue transfer bans on clubs failing to meet the new financial fair play rules.

The ultimate sanction remains a ban from European competition but Uefa told the European Club Association (ECA) it wanted other penalties at its disposal.

"It's good Uefa are thinking penalties that fit the crime better than the usual sporting sanctions," Inter Milan chief executive Ernesto Paolillo said.

"This will give the push that some clubs need."

"Football clubs understand rules, it's what we're used to, so we wanted to hear more about the penalties," Paolillo added.

Alarmed about the amount of debt carried by Europe's leading clubs, and the fact that only 20% of them turn a profit, Uefa president Michel Platini is determined to encourage a more sustainable business model.

The rules, designed to ensure clubs live within their means over a rolling three-year period, do not come into full effect until the 2013-14 season but this campaign is the first that "counts" towards the initial assessment by the governing body's FFP panel.

That panel is headed by the former Prime Minister of Belgium Jean-Luc Dehaene, who spoke exclusively to the BBC last month about his hopes for the new system.

Andrea Traverso is the most senior Uefa official involved in the implementation of FFP and it was he who came to the ECA's general assembly in Geneva on Monday to outline the range of possible sanctions.

ECA chairman Karl-Heinz Rummenigge said the organisation's 201 members fully support the initiative and look forward to working out any kinks during the "soft implementation" stage of the next two years.

"Always buying, buying, buying isn't rational," added Rummenigge, who is also chief executive of Bundesliga giants Bayern Munich.

"We unanimously signed up to FFP in 2009 and we are ready for it now. The ECA will help clubs meet the criteria, it's an obligation."

As so often in football, the fixture list has thrown up an intriguing Champions League contest between Rummenigge's Bayern and Manchester City, the free-spending Premier League team that has provoked so much FFP-related debate.

City have been transformed in the three years since they were bought by Abu Dhabi royalty and many observers have wondered how their lavish spending could possibly meet Uefa's new criteria for balanced books.

Even Rummenigge said last season that it seemed unlikely a club that was losing £120m-plus a year could comply with FFP unless they had "a trick up their sleeves".

So when City announced a greatly improved sponsorship deal with Abu Dhabi-based Etihad Airways in July - a shirt and stadium naming rights package worth in the region of £350m over 10 years - it seemed they had found this "trick".

But City's Etihad deal has attracted considerable comment from some of the club's Premier League rivals, particularly Arsenal and Liverpool, both of whom are fellow ECA members.

Rummenigge, however, refused to be drawn on the issue in Geneva on Tuesday, saying only that links between the clubs were healthy following the sale of Jerome Boateng to the German team this summer and "it was not up to us" to decide on the fairness of any other club's commercial deals.

Bayern host City at their Allianz Arena on 27 September.

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Post by Tomwin Lannister Wed Sep 07, 2011 5:20 pm

Good. I dislike clubs reaching top levels with money they don't have. Also, overspending despite making little profit is something that needs cut.
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Post by Sushi Master Wed Sep 07, 2011 5:34 pm

Awesome if it's actually applied someday, total shit if not because my clubs are self run business with no sugar daddies in sight.
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Post by ChollaVille Wed Sep 07, 2011 5:59 pm

This will lead to Euro Superleague... without UEFA.
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Post by Raptorgunner Wed Sep 07, 2011 6:01 pm

ChollaVille wrote:This will lead to Euro Superleague... without UEFA.

Cant see it happening.
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Post by Ganso Wed Sep 07, 2011 6:05 pm

too late,City has already built a super team :facepalm:
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Post by the xcx Wed Sep 07, 2011 6:08 pm

Ganso wrote:too late,City has already built a super team Uefa plans tough action on financial fair play 1625187496
u mad brah?
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Post by Arsenalfaithfull Wed Sep 07, 2011 7:17 pm

The richer teams will will find ways to finance their clubs through loop holes. I am not big on Salary cap either. The surplus from one teams income will go towards helping another team that is "poor"- going with NHL style. I would rather see the "spend what you are able to generate" rule come in action.


Last edited by Arsenalfaithfull on Wed Sep 07, 2011 7:18 pm; edited 1 time in total
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Post by the xcx Wed Sep 07, 2011 7:18 pm

Thats not a problem for Arsenal, because they never spend.
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Post by Adit Wed Sep 07, 2011 7:22 pm

A better investing owner is a sugar daddy,there is not a big difference btw them.

See madrid ,barca and bayern .They are ran by their own fans.

Fan running clubs>>>>>>>Clubs with owners smoking
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Post by Tomwin Lannister Wed Sep 07, 2011 7:23 pm

Clubs that are ran like businesses should benefit opposed to clubs who rely on limitless cash or are a business in masses of debt. It's just simple. Salary caps I like because it's getting stupendous. It has to end somewhere. Also, money should not influence a top players decision as much as it does nowadays.
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Post by Arsenalfaithfull Wed Sep 07, 2011 7:27 pm

Any one from Toronto should be able to back me up when I say salary cap is a flawed concept (The Leafs supporting the entire NHL financially but failing to make the playoffs). Might as well change the name to Socialist football league.
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