Why Man. City should be banned (defenses (The Premier League has a…
Why Man. City should be banned
not the first time they have broken financial rules for the champions league
in 2014, they broke the rules as the team agreed to pay a conditional £49m fine as well as accepting restrictions on the size of its squad for European play and incoming transfers.
have had inflated sponsorships since 2011
Arsenal manager Arsène Wenger said: the financial fair play is to have a chance, the sponsorship has to be at the market price. It cannot be doubled, tripled or quadrupled because that means it is better that we don't do it and we leave everybody free. That can be defended as well, but if they bring the rules in they have to be respected."
how would you feel
The UEFA Financial Fair Play Regulations (FFP) were established to prevent professional football clubs spending more than they earn in the pursuit of success and in doing so getting into financial problems which might threaten their long-term survival.
players could try to have their contracts nullified based on the club’s gross misconduct
best player: Aguero could leave and club would let him leave
how they broke the rules
The most damming allegation was that a holding company, Abu Dhabi United Group (ADUG), owned by Sheikh Mansour bin Zayed al Nahyan, a billionaire brother of the ruler of the United Arab Emirates, funneled money to City sponsors based in Abu Dhabi who then rerouted the money to Manchester City as sponsorship.
of falsely inflating sponsorship revenues when making submissions as part of the Financial Fair Play (FFP) compliance process;
The most damming allegation was that a holding company, Abu Dhabi United Group (ADUG), owned by Sheikh Mansour bin Zayed al Nahyan, a billionaire brother of the ruler of the United Arab Emirates, funneled money to City sponsors based in Abu Dhabi who then rerouted the money to Manchester City as sponsorshi
of breaching regulations by failing to cooperate in the investigation of the case by the Club Financial Control Body (CFCB).
Based on the second charge, it can be presumed that Uefa believes that City failed to comply with the investigators requests.
UEFA used hacked material to find Manchester City guilty. We don’t know that and it is very doubtful that Uefa did.
The Premier League has a different form of FFP. However, the same sets of financial statements provided to Uefa would have been provided to the Football Association and the Premier League.
The Premier League regulations have gone through a couple of iterations but a core component has been restricting wage increases. Some of the permitted increases have been tied to any increase in self-generated increases (that doesn’t include Premier League TV money.)
If Manchester City has perpetrated an accounting fraud then they will also be in contravention of Premier League FFP regulations and subject to other league-specific sanctions.
for bucking the rules. Just as in life, you may not like the laws of the land, but as a citizen, you are obliged to follow the laws.
Nobody forced Manchester City to play in the Champions League and nobody forced the team to cash the cheques from Uefa. Manchester City knew the rules and it worth remembering that the charge does not relate to failing to meet FFP requirements but rather the fraudulent submission of documents and failing to cooperate with the investigation.
Again, City signed on as a free and willing participant in the Champions League.
Premier league voted on these rules and Man City agreed to them aswel