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UEFA confident over FFP

UEFA are confident that Europe's wealthiest clubs will not be allowed to break the rules when the new Financial Fair Play system comes into force at the start of the 2013/14 season.

Last Updated: 11/04/13 at 07:11 Post Comment

European clubs will be obliged to break even, within discretion of £4.3million over three years, although initially owners will be allowed to cover losses of up to £13m a year.

Manchester City and Paris St Germain are two clubs who will need to keep a firm control on their finances.

Both have huge sponsorship deals with companies closely associated with their owners.

City currently have a £400m deal with Etihad airline, closely linked to its Abu Dhabi-based owner, while Qatar-owned PSG have recently announced a £125m-a-year deal with the Qatar Tourist Authority.

UEFA have published its annual benchmark report which warns two English clubs - understood to be Manchester City and Chelsea - are among 46 across 22 European nations who could fall foul of its financial rules based on 2009-2011 figures.

UEFA general secretary Gianni Infantino said: "We have a regulation which speaks about fair value of deals and the fact that a related party cannot just inject money into a club directly or indirectly."

Infantino insisted the financial measures were not targeted at England, and recommended that the Premier League adopt similar rules which are on the agenda for their meeting this Thursday.

He added: "It has been perceived by some as a sort of anti-English thing but absolutely not.

"It is just a good common sense rule that everyone of us is implementing at home If you earn 1,000 euros you can't spend 1,200.

"We can only encourage the Premier League as we encourage each league and association. I think it's very positive.

"We are very happy that the Football League has already introduced financial fair play."

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may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

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Please Stop Telling Us What To Think

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ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

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s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

redbornandbred
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