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Could City sue UEFA?

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Could City sue UEFA?

Post by shakencity on Fri Apr 21, 2017 6:55 pm

UEFA to refund Man City 40m euros over Financial Fair Play turnaround
  

Manchester City will have 40m euros (£33.4m) refunded after UEFA confirmed the club had complied with sanctions imposed for breaching Financial Fair Play rules.
City were hit with a 60m euros fine, transfer restrictions and forced to name a smaller Champions League squad than usual after being found guilty of breaching the European governing body's regulations in 2014.
Two thirds of the 60m euros (then £49m) fine, however, was to be surrendered on the condition it could be returned if all operational and financial measures insisted upon by UEFA were met.
Additional criteria City agreed to meet included limiting annual losses to set amounts each year with the purpose of moving towards break-even figures.
This has now been achieved with City even recording profit in the past two financial years.
French side Paris Saint-Germain, who fell foul of regulations in the same year, have also fulfilled their requirements.
A statement from UEFA read: "Manchester City FC (England) and Paris Saint-Germain (France), whose settlement agreements were signed back in May 2014, have fully complied with all the requirements and overall objective of their agreements. Consequently, they have exited the settlement regime."
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shakencity

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Re: Could City sue UEFA?

Post by Strange Blue on Fri Apr 21, 2017 7:11 pm

I think they could, but I dont think anyone wants to rock the boat.
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Re: Could City sue UEFA?

Post by Topdawg on Fri Apr 21, 2017 7:27 pm

For what? Some of the time was suspended and now they've complied, the suspended fine is lifted.
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Re: Could City sue UEFA?

Post by Strange Blue on Fri Apr 21, 2017 7:47 pm

Topdawg wrote:For what? Some of the time was suspended and now they've complied, the suspended fine is lifted.

The whole core of the Financial Fair Play rules is legaly flawed. It would be a long & difficult process to go down that route & the clubs involved would be mindful of (1) bad publicity & (2) the knowledge that they could ride through it & turn a profit at the end anyway.
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Re: Could City sue UEFA?

Post by blisteringblue on Sat Apr 22, 2017 11:07 am

I think UEFA shit themselves when we hired the legal team that implemented it in the first place.   It really did collapse like a house of cards after that.   It does still hack me off that we were pretty much the ONLY team to suffer under FFP though.  Ie the first team to break into the Golden Trough  Mad
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Re: Could City sue UEFA?

Post by Topdawg on Sat Apr 22, 2017 11:48 am

UEFA didn't care really because our top brass rolled over and got their tummy tickled. The initial huge fine had an amount (I think £40M) that would be returned if we got our accounts in order. We did and it has.
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