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Tag: FFP

Man City face Premier League scrutiny with threat of action over any secret FFP deals

November 12 – The English Premier League says it will act if any of its rules have been broken following the recent financial fair play allegations levelled at Middle East-owned Manchester City.

Read more …

Finance

PSG go on the attack turning to CAS with appeal against renewed UEFA probe

PSG dreams

By Andrew Warshaw

November 6 – In a landmark case that is potentially pivotal to UEFA’s efforts to force clubs to balance their books or suffer the consequences, Paris St Germain’s ongoing dispute with European football’s governing body over financial fair play is going all the way to the Court of Arbitration for Sport (CAS).

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Finance

Man City under fire for flouting FFP rules and alleged deception of UEFA

November 6 – More damaging allegations about financial impropriety have emerged from Germany’s Der Spiegel news magazine, this time pointing the finger squarely at Manchester City in the first of a four-part instalment about the club’s activities.

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Europe

UEFA bans Rubin Kazan from European club comps for breaking FFP rules, again

October 19 – UEFA’s get-tough policy on financial fair play has snared one of Russia’s best-known clubs, with Rubin Kazan banned for a season after they were found to have broken spending rules.

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Finance

PSG back in front of UEFA’s FFP police after ‘financial doping’ allegations

September 25 – UEFA has confirmed it is stepping up its investigation into Paris Saint-Germain’s potential breach of financial fair play rules, rekindling the threat of the Qatari-owned club being thrown out of Europe.

Read more …

Finance

European clubs show €600m profit on revenue of €20.1bn

money and football

September 10 – European football’s top-division clubs made a profit for the first time on record in 2017 totalling €600 million as the effects of financial fair play kicked in.

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Finance

AC Milan could reach deal new deal with UEFA to satisfy past  FFP rule breaking

AC Milan

September 3 – The rollercoaster financial and ownership ride of AC Milan’s progress into this Europa League under the club’s new management group looks to be taking a further positive step for the club.

Read more …

Europe

Ceferin confirms no PSG sanctions imminent and any Neymar deal unaffected

November 29 – UEFA president Aleksander Ceferin has swept aside rumours of an impending further sanction on Paris St Germain before the end of the European transfer window on Friday.

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Finance

The cost of going up: Bournemouth settle FFP promotion year breach with £4.75m

July 6 – Bournemouth, about to enter their fourth season in the Premier League, have finally settled with the English Football League (EFL) over a breach of financial fair play (FFP) rules when they were in the Championship in 2014/15.

Read more …

Finance

UEFA investigation puts PSG back under FFP microscope

PSG dreams

By Andrew Warshaw

July 4 – UEFA are to re-open their investigation into big-spending Paris St Germain, rekindling the threat of the Qatari-owned club being thrown out of Europe.

Read more …

Finance

UEFA hands AC Milan one-year European ban as club battles with financial stability

AC Milan

June 28 – Any suggestion that UEFA only imposes hard-hitting sanctions on smaller clubs for breaching financial fair rules has been well and truly dashed by the announcement of a one-season European ban on Italian giants AC Milan.

Read more …

Finance

Caught between Rocco and a hard place. AC Milan financial future in the balance

AC Milan fans

June 27 – With AC Milan expecting to hear their fate this week over whether UEFA will sanction them with a ban from European football for breaking financial fair play rules, the club’s Chinese owner Yonghong Li appears to have walked away from a deal with US billionaire Rocco Commisso.

Read more …

Finance

AC Milan bail out? US Ricketts family step up to the plate with buyout interest

June 25 – The saga of the ownership and funding of debt-ridden Serie A club AC Milan has taken another turn with a potential new owner emerging in the shape of the Ricketts family from the US who own the Chicago Cubs Major League Baseball team.

Read more …

Finance

PSG clear FFP probe but need to raise €60m from player sales to meet 2018 audit

By Paul Nicholson

June 14 – Big spending Paris St. Germain have passed UEFA’s financial fair play (FFP) investigation for 2015, 2016 and 2017 but the club remains under the microscope for 2018 and could be forced to raise to €60 million through player sales to meet the regulations to avoid further scrutiny.

Read more …

Finance

Li scrambles to add new investor at AC Milan as UEFA financial police close in

June 5 –  The financial crisis that has hit Yonghong Li’s ownership of AC Milan has seen the Chinese owner reportedly in secret emergency meetings in Italy attempting to refinance the club’s debt and potentially bring in new ownership partners.

Read more …

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