Financial Fair Play

[camspur]

Re: OT Uefa warns clubs about meeting financial fair play rules

So, you are saying that nothing should be done as nothing can be done?

No, what he's saying is all that will be done will be to teams that don't matter to UEFA. The likes of RM, Barca, Chelsea won't be hit but Steau Bucharest will be as they aren't a cashcow club.

 

[parklane1]

Re: OT Uefa warns clubs about meeting financial fair play rules

£££££££££££

Note to self. Must admit I am wrong whenever parklane 1 says so

Is there any story anywhere that backs up your claim or is it once again just guesswork on your part, maybe you would be better off not making stuff up if you can not back it up.

 

[Rorschach]

Re: OT Uefa warns clubs about meeting financial fair play rules

It great that UEFA are trying to do something. But this does have a bit of a feeling of protecting the rich. In the end you will need to break even. So the bigger clubs with the bigger stadiums with the bigger fan base get in the champions league. The prize money is worth over 10 times that of any other competition. This means that all the teams in the champions league can afford to buy the better and more expensive players. This in turn keeps them in the champions league to repeat the cycle again.

I know that its awful for teams to get there money men but at least it does change the status quo. There are very very few teams like us that have got to the position they are and are financially very well run. Look at the premier league and the same old teams are their or their about.

All this will do is make the sport very American with everything being sponsored so clubs can get more money. Twenty five years ago we did not have a shirt sponsor, now we have a video game sponsor what the hell!!!! Soon our posts and bar will be sponsored with a big sponsor in the six yard box and the centre circle.

'New money' teams like City and Chelsea have skipped the queue. Yes they are a change to the usual 'big teams' but they have not earned the right to be there. Their rich daddies just paid for it.

The way I see it is that clubs like Spurs and Arsenal should have been that much closer to the top of the table if these oiligarchs hadn't come along and distorted football's financial landscape. Every 5th place we had would have been a CL place and we would have got there by organically growing the club and learning from our mistakes along the way. Years of pain and inching forward as a club should have been rewarded, but instead the carbon circle clubs skipped by us and gave us the finger on the way past.

There are many big big clubs that are no longer at the sharp end of the table if you go back far enough, and actually even recently enough with Liverpool and Leeds as prime examples. Massive fanbase and CL revenue has not saved them from the mismanagement which has them in the also ran category. I would prefer for Spurs to compete on a playing field where your the size of the fan base determines the size of the club. If you want to be a bigger club then grow your support and the financial benefits that come with that.

The lesson to other clubs has to be run yourself properly and you'll get your rewards and not find yourself a rich benefactor.

I do agree that there has to be more redistribution of wealth but that's a different discussion.

 

[Jurgen the German]

Re: OT Uefa warns clubs about meeting financial fair play rules

Is there any story anywhere that backs up your claim or is it once again just guesswork on your part, maybe you would be better off not making stuff up if you can not back it up.

It's called an opinion, I didn't say it was a fact. I believe that UEFA chose to hold the final in London again because of the enormous revenue it generated the last time. The cheapest tickets for the 2011 final were £176 with a £26 admin fee chucked in for good measure.

http://m.guardian.co.uk/football/20...eague-final-wembley?cat=football&type=article

 

[parklane1]

Re: OT Uefa warns clubs about meeting financial fair play rules

It's called an opinion, I didn't say it was a fact. I believe that UEFA chose to hold the final in London again because of the enormous revenue it generated the last time. The cheapest tickets for the 2011 final were £176 with a £26 admin fee chucked in for good measure.

http://m.guardian.co.uk/football/20...eague-final-wembley?cat=football&type=article

Thank you for that as i had not seen it, however i still do not see anything that says they will make more money from Wembley then any other big ground elsewere.

 

[mudshark]

Re: OT Uefa warns clubs about meeting financial fair play rules

It could just be a case of successful lobbying by the FA, although by its very nature, lobbying generally has an element of quid pro quo. Quid with a capital Q, no doubt.

 

[jts1882]

Re: OT Uefa warns clubs about meeting financial fair play rules

Thank you for that as i had not seen it, however i still do not see anything that says they will make more money from Wembley then any other big ground elsewere.

Unless the stadium or City pay UEFA for a visit, I can't see anywhere in Europe matching what Wembley can produce from ticket revenues. Football prices in England are far higher than anywhere else in Europe and London more than in the rest of the country. Tickets at a club like Fulham are several times more expensive than tickets for European giants like Bayern, Real, Barcelona and the Italian trio. People in London are used to paying premium prices for any football match so will be willing to pay a lot for a European final. A 3-4 fold premium for a CL final final ticket won't stop Wembley selling out. If they charged the same in Spain or Germany the premiums would be 10-15 fold and the protests would be far louder.

So I'd expect UEFA to visit London as often as possible. Given the likely protests I doubt it will be every two years, but they will find any decent excuse, e.g. the FA's 150th anniversary.

 

[Jordinho]

Re: OT Uefa warns clubs about meeting financial fair play rules

Emirates Marketing Project should be thrown out of the Champions League, says Borussia Dortmund chief executive

Borussia Dortmund's chief executive, Hans-Joachim Watzke, has suggested Emirates Marketing Project should be excluded from the Champions League because of excessive 'back-door- funding' received as a result of being sponsored by companies controlled by the club's owner.

Ahead of tonight's Champions League showdown between the German and English champions, Watzke criticised Roberto Mancini's side's dependence on Sheik Mansour's fortune.

Dortmund pride themselves on adhering to stringent rules regarding the club's spending limits, and are big supporters of Uefa's financial fair play rules which have been laid out to limit all team's expenditures.

Uefa have made it clear that the punishment for not following their guildeines will be dismissal from Europe's elite competition and Watzke has thrown his support behind this sanction.

"Uefa must find the thin line between sponsorship and excessive backdoor funding - they must show strength to expel big clubs," said Watzke.

"No tycoon should be allowed to pump crazy money into a club with sponsorship from five companies he controls. If that happens, financial fair play will fail.

"The fact is that the Bundesliga has caught up considerably, thanks to their sound banking practices. This will eventually be expressed by results."

http://www.telegraph.co.uk/sport/football/teams/manchester-city/9584125/Manchester-City-should-be-thrown-out-of-the-Champions-League-says-Borussia-Dortmund-chief-executive.html

 

[WookieD]

Re: OT Uefa warns clubs about meeting financial fair play rules

Fair play to him.

 

[metalgear]

Re: OT Uefa warns clubs about meeting financial fair play rules

nail on head - uefa has no strength.
how are the guys are uefa voted in ? by the clubs playing in the CL?

 

[Park Lane James]

Re: OT Uefa warns clubs about meeting financial fair play rules

You've got to admire those that run clubs in the Budesliga, and the German FA themselves - the holy grail of modern football. City shouldn't even be in the Champions League, they would have got nowhere near if it wasn't for financial doping. ****s.

 

[scaramanga]

Re: OT Uefa warns clubs about meeting financial fair play rules

Whilst I agree with the sentiment, surely this is all Ferguson-type press games.

He builds up beating City as an impossible task so that if they lose he can say that it's not a level playing field. If they win, then their team's done the impossible.

 

[jts1882]

Re: OT Uefa warns clubs about meeting financial fair play rules

The German clubs get huge sponsorship deals so its a bit funny to hear one complain about unfair sponsorship. Despite having the second largest average attendance, they get almost three times as much revenue from sponsorship. Dortmund rely more on sponsorship than any other big club and get more in total than City, Chelsea, Arsenal or Spurs.

Commercial revenue contributed the most to Dortmund’s increase – up €18m (30%) to €78.7m (£71.1m). More significantly, this represented 57% of the club’s total revenues, the highest proportion of any Money League club. The club’s long-term marketing agreement with Sportfive provides the platform for strong commercial performance, which includes recently extended deals with shirt sponsor Evonik Industries and stadium naming rights holder Signal Iduna (both until 2015/16). These deals generate a reported €9m (£8.1m) and €4m (£3.6m) per season respectively.

http://www.deloitte.com/view/en_GB/.../40f1403d87145310VgnVCM2000001b56f00aRCRD.htm

 

[P.D.]

Re: OT Uefa warns clubs about meeting financial fair play rules

But thats different from your owner sponsoring you for whatever he likes. This is a proper commercial agreement.

But I'm sure Dortmund ran up massive debts themselves around 10 years ago and they have only just recovered from that.

 

[jts1882]

Re: OT Uefa warns clubs about meeting financial fair play rules

Emirates Marketing Project are English Champions and have an incredible squad of players. On what basis are the sponsorships not proper commercial arrangements?

I'd agree they probably are higher than they could get elsewhere, but probably not that much higher. They are much higher than City had a few years ago, but then again they have a much better squad and play much better football.

Its going to be virtually impossible for UEFA to prove that these aren't proper arrangements.

 

[jts1882]

Re: OT Uefa warns clubs about meeting financial fair play rules

nail on head - uefa has no strength.
how are the guys are uefa voted in ? by the clubs playing in the CL?

No, by delegates from each national federation. That's why Platini changed things to make it easier for clubs from smaller nations to qualify for the CL. Likewise at FIFA Blatter appealing to all the small football nations in Africa, Asia, Oceania and the Caribbean. Lots of votes for available in return for relatively small handouts.

For UEFA this is balanced by the power of the big clubs. UEFA needs them playing in the CL and has to keep them happy and stop a breakaway superleague.

 

[Jordinho]

Re: OT Uefa warns clubs about meeting financial fair play rules

Sky Sports News @SkySportsNews

BREAKING NEWS: Premier League working towards its own system of financial fair play regulations for next season

 

[Jordinho]

Re: O/T Financial Fair Play

Wigan owner Dave Whelan believes Premier League clubs will vote for a new break-even rule on Thursday.

Under plans which could be introduced next season, clubs would not be allowed to spend more cash than they generate.

Whelan told BBC Sport: "I think the clubs will say break-even is something they want. We could definitely see it."

The rule would mark a major change for the league, with champions Emirates Marketing Project, for example, having made a £197m loss in their latest set of results.

Premier League clubs made cumulative losses of £361m in 2010-11, the most recent season for which there are complete financial results.

Representatives of the 20 top-flight teams will discuss the issue of financial regulation at one of their regular "shareholder meetings" in London on Thursday.

With 14 clubs needed to vote in favour of the proposals for them to pass, Whelan says Fulham are the only club opposed to any kind of new rules being brought in.

"This break-even rule will stop clubs getting into the red," he said. "There's nothing worse than seeing a club like Portsmouth getting into financial trouble - or Rangers, who are such a big and powerful club.

"I don't think Fulham want anything at all to do with it but generally it is accepted it's a very good rule. If it's passed on Thursday I think it's going to be a very good thing for football."

There could still be some flexibility permitted under any potential change, with wealthy owners allowed to put additional money in.

Uefa will introduce its own financial fair play rules next season,
permitting clubs to make only set losses in the first three seasons. Failure to comply would result in exclusion from either the Champions League or Europa League.

Whelan believes the penalties should be severe if a break-even rule is introduced in the Premier League.

"We've got to say 'if you agree with this, you've got to abide by the rules'," he said. "If you don't break even, you get relegated or get a 10-, 15-, 20-point deduction."

A new £3bn television deal comes into force in the Premier League next season, up 70% on the existing arrangement. The chairmen are eager to ensure the extra money is not swallowed up by increased player wages.

Premier League clubs spent almost £1.6bn on wages in 2010-11, constituting 70% of their income. Only once in the 20 seasons of
the Premier League - 2004-05 - have wages fallen year-on-year.

Emirates Marketing Project spent 114% of their income on wages in 2010-11, Aston Villa 103%, and Chelsea 84%.

Another proposal is the introduction of a wage cap, pegging a club's salary bill to a maximum percentage increase year-on-year. Sunderland have pushed hard for this, but Whelan is not in favour.

"We control ourselves and don't pay what we can't afford," he said.

"I don't think they will go along with a wage cap, I can't see them getting a majority to put in too many controls.

"I say to players, get what you can while you can but be sensible and give respect to the club you play for."

Wigan reported a profit in earnings before interest, tax and other associated costs in their latest set of financial figures and Whelan expects them to be able to easily comply with a break-even rule.

"This doesn't come as any shock or surprise to a club like West Brom or Wigan, which are very carefully, well-run clubs," he said.

www.bbc.co.uk/sport/0/football/20319573

 

[Rorschach]

Re: O/T Financial Fair Play

Wigan owner Dave Whelan believes Premier League clubs will vote for a new break-even rule on Thursday.

Under plans which could be introduced next season, clubs would not be allowed to spend more cash than they generate.

Whelan told BBC Sport: "I think the clubs will say break-even is something they want. We could definitely see it."

The rule would mark a major change for the league, with champions Emirates Marketing Project, for example, having made a £197m loss in their latest set of results.

Premier League clubs made cumulative losses of £361m in 2010-11, the most recent season for which there are complete financial results.

Representatives of the 20 top-flight teams will discuss the issue of financial regulation at one of their regular "shareholder meetings" in London on Thursday.

With 14 clubs needed to vote in favour of the proposals for them to pass, Whelan says Fulham are the only club opposed to any kind of new rules being brought in.

"This break-even rule will stop clubs getting into the red," he said. "There's nothing worse than seeing a club like Portsmouth getting into financial trouble - or Rangers, who are such a big and powerful club.

"I don't think Fulham want anything at all to do with it but generally it is accepted it's a very good rule. If it's passed on Thursday I think it's going to be a very good thing for football."

There could still be some flexibility permitted under any potential change, with wealthy owners allowed to put additional money in.

Uefa will introduce its own financial fair play rules next season,
permitting clubs to make only set losses in the first three seasons. Failure to comply would result in exclusion from either the Champions League or Europa League.

Whelan believes the penalties should be severe if a break-even rule is introduced in the Premier League.

"We've got to say 'if you agree with this, you've got to abide by the rules'," he said. "If you don't break even, you get relegated or get a 10-, 15-, 20-point deduction."

A new £3bn television deal comes into force in the Premier League next season, up 70% on the existing arrangement. The chairmen are eager to ensure the extra money is not swallowed up by increased player wages.

Premier League clubs spent almost £1.6bn on wages in 2010-11, constituting 70% of their income. Only once in the 20 seasons of
the Premier League - 2004-05 - have wages fallen year-on-year.

Emirates Marketing Project spent 114% of their income on wages in 2010-11, Aston Villa 103%, and Chelsea 84%.

Another proposal is the introduction of a wage cap, pegging a club's salary bill to a maximum percentage increase year-on-year. Sunderland have pushed hard for this, but Whelan is not in favour.

"We control ourselves and don't pay what we can't afford," he said.

"I don't think they will go along with a wage cap, I can't see them getting a majority to put in too many controls.

"I say to players, get what you can while you can but be sensible and give respect to the club you play for."

Wigan reported a profit in earnings before interest, tax and other associated costs in their latest set of financial figures and Whelan expects them to be able to easily comply with a break-even rule.

"This doesn't come as any shock or surprise to a club like West Brom or Wigan, which are very carefully, well-run clubs," he said.

www.bbc.co.uk/sport/0/football/20319573

So no change then.

 

[THFC6061]

Re: O/T Financial Fair Play

Emirates Marketing Project spent 114% of their income on wages in 2010-11, Aston Villa 103%, and Chelsea 84%.

UEFA/FIFA Guidelines recommend that no club spend more than 70% of its total income on player's wages.

I suggest that any club spending more than this be fined the exact amount of the overspend and be prohibited from competing in international tournaments (e.g. the UEFA Champions League & UEFA Europa League).