Bluemoon Legends
Hi there fellow Football lover! Welcome to 606 Bluemoon Legends Forum. Have a good time and any problems, let me know.

Kindest regards
Leopold
Who is online?
In total there are 9 users online :: 1 Registered, 0 Hidden and 8 Guests

Topdawg

Most users ever online was 441 on Sun May 22, 2011 10:20 pm
Latest topics
» Independent article
Today at 8:53 am by Topdawg

» CITY vs Spuds -LIVE!!!!!
Yesterday at 8:52 pm by blueboy

» Phil Foden wins.....
Yesterday at 7:57 pm by blueboy

» Leicester away
Yesterday at 7:16 pm by blueboy

» Ashes cricket
Yesterday at 12:11 pm by Topdawg

» Park the bus song
Yesterday at 12:10 pm by Topdawg

» Kev or Jesse?
Yesterday at 12:07 pm by Topdawg

» Sunday supplement
Yesterday at 9:56 am by Topdawg

» Sterling attacked
Sat Dec 16, 2017 10:46 pm by Topdawg

» Silva’s absence
Sat Dec 16, 2017 9:57 pm by Topdawg

December 2017
MonTueWedThuFriSatSun
    123
45678910
11121314151617
18192021222324
25262728293031

Calendar Calendar


Could City sue UEFA?

View previous topic View next topic Go down

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."
avatar
shakencity

Posts : 7714
Age : 47
Location : Bury

Back to top Go down

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.
avatar
Strange Blue

Posts : 886

Back to top Go down

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.
avatar
Topdawg

Posts : 22755

Back to top Go down

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.
avatar
Strange Blue

Posts : 886

Back to top Go down

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
avatar
blisteringblue
Moderator

Posts : 4442
Location : Horwich

Back to top Go down

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.
avatar
Topdawg

Posts : 22755

Back to top Go down

Re: Could City sue UEFA?

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum