Financial Fair Play is going out the window then..

..the nu-money clubs have stamped their feet, filled some brown envelopes and got their way.

http://www.bbc.co.uk/sport/0/football/32784375

European football's governing body is preparing to relax the Financial Fair Play (FFP) rules it introduced in 2011 to stop clubs from overspending.
In an interview with French radio station RTL, Uefa president Michel Platini said FFP was "working well" but would be "eased" this summer.
This followed a report in Le Parisien newspaper on Sunday that said "significant changes" are on the table.
Manchester City and Paris St-Germain were fined last year for breaching FFP.

Platini is in Qatar's pocket isn't he. Can't imagine his overloads at PSG are too impressed with the goings on last summer.

New TV deal kicking, shit loads of cash to spend, course that bent @#%&! wants stupid money flying about

We'll be alright because we earn enough to spend the money to keep up with City, Chelsea and the Spanish clubs.

It's clubs like Spurs, Liverpool and Southampton who will suffer because they'll never be able to bridge that gap and get into the top 4.

Not sure it will benefit City. I think the relaxation discussed has meant new owners can spend quickly if they demonstrate that it will lead to them breaking even within a few years. Not sure how that fits with City going back to spending half a billion at the drop of a hat.

Could be some more leeway though which could help them. We'll see.

Originally Posted by S/Side.Red

Not sure it will benefit City. I think the relaxation discussed has meant new owners can spend quickly if they demonstrate that it will lead to them breaking even within a few years. Not sure how that fits with City going back to spending half a billion at the drop of a hat.

Could be some more leeway though which could help them. We'll see.

They can't abandon it completely, they have to balance it to somehow encourage investment as well though, rather than punish it.

Originally Posted by dunk

They can't abandon it completely, they have to balance it to somehow encourage investment as well though, rather than punish it.

Yeah, they can't go back to letting owners completely distort leagues, as PSG have done in France. It would be farcical and embarrassing for them to just rub out what they've put in place. I suspect the amendments will allow for more initial investment from new owners, but I'm not sure it will totally please the plastics, who obviously want to spend freely with no regard for ever breaking even.

Originally Posted by S/Side.Red

Yeah, they can't go back to letting owners completely distort leagues, as PSG have done in France. It would be farcical and embarrassing for them to just rub out what they've put in place. I suspect the amendments will allow for more initial investment from new owners, but I'm not sure it will totally please the plastics, who obviously want to spend freely with no regard for ever breaking even.

UEFA consulted the Commission throughout the process of setting up FFP. True the RCJ went against a similar situation re Bosman but there's a world of difference between what was in effect indentured servitude of EU citizens and what is in reality foreign billionaires distorting the European game with financial doping.

Platini voted for Qatar to host the world cup and hey presto, his son got a good job in Qatar soon after.

Originally Posted by waynes ear's

New TV deal kicking, shit loads of cash to spend, course that bent @#%&! wants stupid money flying about

bingo

+ lots of threats of legal action against FIFA

The proposed changes explained. Not really much help for City or PSG.

http://www.espnfc.com/blog/marcottis...antini-changes

Originally Posted by Grimson

The proposed changes explained. Not really much help for City or PSG.

http://www.espnfc.com/blog/marcottis...antini-changes

Good. @#%&!s.

Originally Posted by Grimson

The proposed changes explained. Not really much help for City or PSG.

http://www.espnfc.com/blog/marcottis...antini-changes

sounds good. every ramshackle club should have a swimming pool, after all.

http://www.manchestereveningnews.co....ending-9556532

Manchester City’s spending plans have been cast into doubt by the revelation that they do not qualify for a relaxation of Uefa restrictions.

The Blues are pursuing three major targets – Paul Pogba, Raheem Sterling and Kevin de Bruyne – which would cost them close to £150million.

But Uefa has announced that its relaxation of financial fair play (FFP) will NOT apply to clubs who have previously fallen foul of the rules.

That means City and Paris St Germain, the two highest profile clubs hit by the controversial rules last season, will not be eligible for the relaxation.

And the Blues will still be subject to the settlements they reluctantly agreed with Uefa last year, which included a restriction on transfer spending and wages for 2015-16.

Other clubs who have not been hit by financial fair play rules will be eligible, from next season, to enter into a voluntary agreement with Uefa. That would allow them a period of accelerated spending, as long as they stay within limits agreed with Uefa.

City are staying quiet at the moment on their situation with regards to FFP, although Uefa should announce in the next two to three weeks whether some current restrictions on the Blues will be lifted because they have met the terms of the settlement.

They have still not been given notice that they have passed the financial fair play test for 2013-14, which required them to limit their losses to £14.2million.

City actually posted a loss of £23m, but were confident that £16m of that was accounted for by the FFP fine, which does not count.

The settlement they agreed with Uefa also stipulated they must cut losses for last season to £7.1m – but the club has already said it is now profitable.

Last season City were also given a £49million cap on transfer spending and told that their wage bill could not rise.

That transfer limit was blamed by manager Manuel Pellegrini for City’s trophy-less season, after they were out-spent by top-four rivals Chelsea, Arsenal and United.

The Blues appear to have met that wage restriction by t#@&%! some big earners from their squad and also restructuring current deals so that performance bonuses – which do not count in FFP terms – play a bigger part.

Originally Posted by naes_sean

http://www.manchestereveningnews.co....ending-9556532

Journos have been saying this on the radio for the last few weeks and that the relaxations are mainly for new owners...i.e if somebody bought LFC they would be allowed to spend more than normal FFP limits, if they can prove that within 3 years it would improve/make sense for the club.

Originally Posted by naes_sean

http://www.manchestereveningnews.co....ending-9556532