Clubs hoping to take part in the Champions or Europa Leagues must balance their football-related expenditure over a three-year period
This is the first season that counts towards the 2013/14 assessment but clubs will be allowed to make a loss of 45m euros (£39.4m) over the three years, falling to 30m euros from 2015/16.
It is not until 2018 that clubs have to bring their annual losses below £8.8m.
The ultimate sanction for any club that fails to comply with the FFP criteria is a ban from European competition.
So Manchester City will not be able to participate for quite some times. Think they predict a loss in the region of 125 million this season. Can't see them regain that - especially as they will not be allowed to play in Champions League even if they qualify.
The penalties for the lower leagues are yet to be confirmed, but it is expected this years losses will be factored in.
Some of the penalties that could be enforced are
- Not being allowed promotion (just like not being allowed european participation)
- Points deduction
- Fine equal to the excess loss
- Relegation
So Manchester City will not be able to participate for quite some times. Think they predict a loss in the region of 125 million this season. Can't see them regain that - especially as they will not be allowed to play in Champions League even if they qualify.
The penalties for the lower leagues are yet to be confirmed, but it is expected this years losses will be factored in.
Some of the penalties that could be enforced are
- Not being allowed promotion (just like not being allowed european participation)
- Points deduction
- Fine equal to the excess loss
- Relegation
Yes there 400 million pound deal with Ethiad Airways. On the radio last night commentating on City-Swansea the commentator said "I don't know if Sheik Mansour owns Ethiad Airways, but lets just say all the money comes from the same direction" or something along those lines.
QUOTE=Godiva;71156]So Manchester City will not be able to participate for quite some times. Think they predict a loss in the region of 125 million this season. Can't see them regain that - especially as they will not be allowed to play in Champions League even if they qualify.
The penalties for the lower leagues are yet to be confirmed, but it is expected this years losses will be factored in.
Some of the penalties that could be enforced are
- Not being allowed promotion (just like not being allowed european participation)
- Points deduction
- Fine equal to the excess loss
- Relegation[/QUOTE]
Man city have already exposed a huge loophole. Their owners company just sponsored the stadium for 600m over 5 years and the kit for 50m over 3yrs. Sponsorships are the key to this. The rules are severly flawed
Yeah said this before, The men with the money at man city will just stick an ad on the Man city website and pay like 100million a season or something. Not alot fifa can do about it either as it's income and whose to say what sponorship deals clubs are allowed to sign. Fifa should just bring in a wage cap of say 30k a week for players, thats the only way the finical side of the game is going to be sorted out in the long run.
[/QUOTE=Godiva;71156]So Manchester City will not be able to participate for quite some times. Think they predict a loss in the region of 125 million this season. Can't see them regain that - especially as they will not be allowed to play in Champions League even if they qualify.
The penalties for the lower leagues are yet to be confirmed, but it is expected this years losses will be factored in.
Some of the penalties that could be enforced are
- Not being allowed promotion (just like not being allowed european participation)
- Points deduction
- Fine equal to the excess loss
- Relegation[/QUOTE]
Man city have already exposed a huge loophole. Their owners company just sponsored the stadium for 600m over 5 years and the kit for 50m over 3yrs. Sponsorships are the key to this. The rules are severly flawed
Manchester City's sponsorship deal with Etihad Airways will be analysed by Uefa's financial fair play (FFP) boss.
The 71-year-old former Prime Minister of Belgium confirmed his panel would "benchmark" all deals to make sure they were "fair value". "If we see clubs that are looking for loopholes we will act," he said.
"It is not enough to say 'we've got a sponsorship contract and that's OK' if the contract is out of line."