I did wonder about restraint of trade argument but I think the Dwain Chambers case probably sinks that. In practice the power of UEFA et al is limited and if a significant group of world clubs were to set up on their own(like the FA Premier League) then the continental federations would probably fold under the pressure.
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UEFA looking to introduce Financial Fair Play reform – Get French Football News
www.getfootballnewsfrance.com
RMC Sport report this evening that UEFA are looking to introduce new reforms to the Financial Fair Play rules.
European football’s governing body is said to want to show how essential FFP is as a tool to preserve continental football and that it helped several clubs survive the Covid-19 pandemic.
The aim, for UEFA, is to increase clubs’ control on their finances. Teams will be asked to improve their own equity. Should this be negative, they will need to improve it by 10% a year or face sanctions. The objective is to increase the responsibility of the shareholders, increase the solidity of their assets and make sure losses are covered by capital stock so as to avoid resorting to debt.
Among the new measures, clubs’ accounts would now be assessed for the current year rather than the previous one. Specifically, transfer fees, agent commission and wage bills would be monitored. Team will be able to invest according to a percentage of their turnover.
The deficit clubs are allowed to sustain over three years will be doubled from €30m to €60m as long as it is covered by the owner, so as to soften the financial blow of missing qualification for European competition.
The sanctions available to UEFA should clubs fail to comply will be the same as the system currently in place. This includes fines, player bans from the Champions League and squad list reductions, loss of points (from 2024 the Champions League will be a league table) or an outright exclusion from the competition.
The European Club Association, whose president is Paris Saint-Germain’s Nasser Al-Khelaifi, are in favour of the reform, even if certain details are still to be discussed. UEFA are likely to vote on the proposal during its executive committee meeting on May 10 and would come into play from July, with a grace period until 2024 before the new Champions League format.
Translation :UEFA looking to introduce Financial Fair Play reform – Get French Football News
RMC Sport report this evening that UEFA are looking to introduce new reforms to the Financial Fair Play rules.
European football’s governing body is said to want to show how essential FFP is as a tool to preserve continental football and that it helped several clubs survive the Covid-19 pandemic.
The aim, for UEFA, is to increase clubs’ control on their finances. Teams will be asked to improve their own equity. Should this be negative, they will need to improve it by 10% a year or face sanctions. The objective is to increase the responsibility of the shareholders, increase the solidity of their assets and make sure losses are covered by capital stock so as to avoid resorting to debt.
Among the new measures, clubs’ accounts would now be assessed for the current year rather than the previous one. Specifically, transfer fees, agent commission and wage bills would be monitored. Team will be able to invest according to a percentage of their turnover.
The deficit clubs are allowed to sustain over three years will be doubled from €30m to €60m as long as it is covered by the owner, so as to soften the financial blow of missing qualification for European competition.
The sanctions available to UEFA should clubs fail to comply will be the same as the system currently in place. This includes fines, player bans from the Champions League and squad list reductions, loss of points (from 2024 the Champions League will be a league table) or an outright exclusion from the competition.
The European Club Association, whose president is Paris Saint-Germain’s Nasser Al-Khelaifi, are in favour of the reform, even if certain details are still to be discussed. UEFA are likely to vote on the proposal during its executive committee meeting on May 10 and would come into play from July, with a grace period until 2024 before the new Champions League format.
When the pumped up fake plastic clubs break this rule, we will fine them and maybe kick them out of Europe.
The pumped up fake plastic clubs will then take us to court, employ 100 top lawyers, pay a gazillion quid for them, get our sanctions over ruled and there's fuck all we can do about it.
Good news is that this won't bother us at all. Bad news is that this literally won't help us out at all.
Most teams would be thrilled to have an additional 96 million lying around to spend and still meet the guidelines...
Why do all that when it’s cheaper to just bung UEFA officials?
#BrownEnvelopes
Sadly that’s true
Will take 3 years to implement new regs. 90 % in first year.
So ALMOST NO cost controls next year - pretty much only Everton may be affected by a 90% cost control.
And most clubs will be able to live within 80% (which I assume to be the limit in year 2).
Totally a sell out to the larger clubs.
But assuming Spurs revenues are circa £500m - £600m in a season unaffected by covid (which I think they could be) our rivals would be ManCity, ManU, Liverpool in revenue terms as even Chelsea and Woolwich couldn't compete (unless of course fake sponsorship deals come back). So from a Spurs pov we'd be fine in 3 years time with 70% ....
A Spurs spend of 70% will only happen if UEFA institutes a floor of 70%.
New Uefa regulations bring in 70% squad cost rule
Uefa introduces new financial regulations which will limit clubs' spending on wages, transfers and agents' fees to 70% of their revenue.
www.bbc.co.uk
Coming in pretty much as expected :
- Limit clubs' spending on wages, transfers and agents' fees to 70% of their revenue phased over 3 years, allowed to spend 90% of their income in 2023-24, reducing to 80% in 2024-25 and 70% a year later.
- Permitted losses over a three-year period have also risen from 30m euros (£24.98m) to 60m euros (£49.96m).
- The new rules will come into force in June and clubs will have three years to implement them.
On the face of it, a lot of clubs will have to trim their spending. Will massively cement us above the likes of Leicester and arguably give us a lot more parity with some of our peers who take massive losses (Chelsea, the Milan clubs, Juve).New Uefa regulations bring in 70% squad cost rule
Uefa introduces new financial regulations which will limit clubs' spending on wages, transfers and agents' fees to 70% of their revenue.
Coming in pretty much as expected :
- Limit clubs' spending on wages, transfers and agents' fees to 70% of their revenue phased over 3 years, allowed to spend 90% of their income in 2023-24, reducing to 80% in 2024-25 and 70% a year later.
- Permitted losses over a three-year period have also risen from 30m euros (£24.98m) to 60m euros (£49.96m).
- The new rules will come into force in June and clubs will have three years to implement them.
The idea is to limit clubs from holding a bench all on 300k a week, even the clubs with massive income will need to prioritise salary on starting players as they simply won't have enough wages to go around.
Spurs are the big winners purely based on timing, to get the maximum benefit from these changes requires generating the biggest increase in income, with Covid ending we are about to see our income growth rocket back up, far more than any other EPL club (assuming no dodgy sponsorship) as we are the only EPL club that has built a super stadium in the last decade.
It's interesting to see how the seemingly overpriced and unnecessary revamp and expansion of grounds - Camp Nou, Bernabeu, Stadio Della Roma all now make perfect sense with these new rules - lucky guess I suppose.
None of this really matters whilst Man City are flouncing around with the biggest revenue in the world (utterly fake and completely propped up by faux market value nonsensical state sponsored commercial contracts). The cartoon pricks can’t even sell out tickets for £30 whilst in a title race
Address that
Address that
separate thread for mancity discussing the evidence against them. Hopefully football authorities and CAS will deal with it properly this next time round.
Difficult to be sure as these figures showing just wages (to which needs to be added transfer costs and agent fees) as a % of revenue (with most revenue being reduced due to pandemic).
Next year's results should show rising revenues post pandemic, but the need to add in transfer costs and agent fees are bound to add to some (generally bigger ) clubs more than others.
I'd guess that any club in the top half of the graph should be looking to need to start to trim player wages/acquisition budgets and reduce agents fees when the 70% limit comes into force in 3 years time, but the 90% limit next season should only worry a handful of clubs like Everton.
New regs should help deter Newcastle spending on wages and transfer fees - just a problem with their 'sponsorship' income credibility
Spurs are not going to be affected - the last revenue was £362m reduced from £402m due to pandemic, but it wouldn't surprise me if the next revenues with crowds back in the stadium, a resumption of other commercial income streams and increased sponsorships etc are not £500m+ and we'll be within the 70% limit even in year 1.
UEFA were referring to fair market value in sponsorship and bringing in checks to validate. Fingers crossed as that will start to hamper City hugely. If there was no financial doping, I honestly think we would be the second most powerful club behind Man Utd
Liverpool have a lot of commercial income though some related party questions with it.
Nowhere near like City’s faux sponsorship. Still think Liverpool are poorly managed commercially compared to Man Utd
They've pretty much caught them (or as much as they can given the grounds etc). Would say they are better run on all fronts.