So essentially the financial penalty for breaking the rules is only getting £20-30m from the CL next year instead of £30-40m.
The second one of these is not as bad as it sounds as the wage restrictions don't apply to "performance-based bonuses ". So basically that restriction means almost nothing in reality as does the 50mil fine which when spread over a number of years won't hurt them at all really....maximum losses of €20m in 2014 and €10m in 2015, to cap their wage bill at current levels for the next two seasons
If they comply with the rules from now on. And if you ignore the CL squad limit as a punishment for some reason.
The MCFC Champions League squad for the 2014-15 competition will be limited to 21 players. In 2013-14 the club registered 23 players for the competition and used 21.
http://www.mcfc.co.uk/News/Club-news/2014/May/Club-statement-16-May
There are a few other restrictions too
The second one of these is not as bad as it sounds as the wage restrictions don't apply to "performance-based bonuses ". So basically that restriction means almost nothing in reality as does the 50mil fine which when spread over a number of years won't hurt them at all really.
It's the maximum losses one I find the most interesting and probably the one which they are most likely to **** up on. If they are not contesting the sponsorship thing does this not mean their revenue going forward is also significantly impacted and in turn their chance of generating a loss that much higher? Any financial gurus out there that could explain the implications of this.
It's a limited punishment as they will be allowed about the same size quad as that they used this season.
City made this point themselves when announcing their agreement:
Way I read it they need to find a new sponsor to cover the loss of the dodgy sponsor or infact make up the difference from what UEFA feel was the right figure that sponsor should be valued at.
That gap could be filled by the new money from the EPL rights this year.
Not sure if they still need to reduce there overall spending though. I hope so.
bit of a tangent but who are UEFA to decide what's a reasonable value for a sponsorship deal?
perhaps they can sort our cpo for the new stadium as well
that's not the way it works though is it, city's sponsorship deal (and SCBC and palace), is worth what someone is willing to pay for it
Emirates Marketing Project's punishment is a ****ing joke. They've knowlingly broken the rules despite years of being able to avoid doing so - just ban the ****s from the CL.
With the extreme financial inequality and the constant diving, football really is a **** sport (aside from the game itself...)
It does seem that UEFA are more serious than many feared. However, what they have done is raise the drawbridge and allowed a few late-comers to jump the gap.
What it looks like ensuring is that we won't be overtaken by other clubs taking the sugar-daddy route like Chelsea and City. What it also ensures that we won't get that route either. It seems inherently unfair that say Lewis or Usmanov can't now spend their money the way Abramovich and Mansour have. The way the rules have been implemented have allowed new entrants to buy their way in, which rather takes the fairness out of financial fair play.
I don't think that will help. For FFP the income from the sponsor was cut to market value for a club their size and that market value was generous.
No way a non-related party will sponsor them for that much.
I thought I read that the dodgy sponsorship was something like 100m a year and that the market rate for a club like City should be nearer 50m a year. So you could argue that City just makes that sponsorship 50m or 60m, the market rate, then because the cash injection of some 40m from the EPL rights this year then that black hole would have been filled, therefore from next year, they will pass.
But are they reducing the big deficit spend every year. I don't know what that figure is!
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