FFP RULES IN THE DOCK!

by Bewar3them00n Thu Jun 20, 2013 7:12 pm

Bosman Lawyer Takes Complaint on UEFA Finance Rules to Court

A player agent today filed a complaint at a Belgian court about European soccer finance rules that aim to stop teams such as Paris Saint Germain and Manchester City spending more than their income.

Daniel Striani, who also lodged a complaint with the European Commission on May 6, said European soccer governing body UEFA’s rules infringe European Union competition law and the right to free movement of workers, service and capital, according to a statement distributed by the office of his lawyer Jean-Louis Dupont.

In a landmark case, Dupont successfully overturned rules on player transfers in 1995 on behalf of Belgian player Jean-Marc Bosman.

Striani’s complaint today was filed at the Court of First Instance in Brussels, the statement said. He argues the so-called Financial Fair Play rules would decrease the income of agents by reducing the number of players that clubs hire, and reducing player salaries.

Nyon, Switzerland-based UEFA said in a May 6 statement the rules aim to guarantee the “long-term” stability of European soccer and are in line with EU law.

Under the breakeven rule, clubs with a loss of more than 5 million euros ($6.6 million) last season or this season risk exclusion from next season’s Champions League and Europa League, the continent’s top club competitions. Clubs can have a loss of up to 45 million euros a season if shareholders cover the loss. The UEFA regulations don’t apply to domestic championships.

Manchester City, the 2012 English champion, is owned by Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi and French league champion Paris Saint-Germain is controlled by the Qatar Investment Authority.

by **leopold** Fri Jun 21, 2013 10:41 am

Hang on a tick...

Clubs can have a loss of up to 45 million euros a season if shareholders cover the loss.

But doesn't Sheikh Mansour hold all the shares? And as the majority shareholder, doesn't this mean he can cover the losses? So why the hell do they have this arbitrary limit of €45 million? It's almost as though they've picked this number as it covers the arses of the bigger spending big clubs...

by **Topdawg** Fri Jun 21, 2013 10:44 am

I thought it was a loss of 45 over 3 seasons. Don't know what to believe anymore.

by **leopold** Fri Jun 21, 2013 10:53 am

If Striani has his way, it'll all get overturned and we can go out and spend BILLIONS! Muah ha ha ha ha ha ha ha haaaaa!

Sorry, I appear to have briefly slipped into evil there.

by **Topdawg** Fri Jun 21, 2013 11:21 am

If UEFA loses the case, could we then sue them for costing us the title last season (rather than blame Bobby or transfers)?

by **leopold** Fri Jun 21, 2013 11:26 am

Yes, I believe we could. And we could add in our poor showing in the CL as well, on the basis we'd have progressed further in that competition if we'd been allowed to spend. We can call it loss of earnings and it'd run to tens of millions.

And with the money, we can buy Cavani outright!

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FFP RULES IN THE DOCK!

FFP RULES IN THE DOCK!

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