Court of Arbitration for Sport, it looks like. They've already confirmed they will appeal.Wow! I did not expect that. What is the appeals process here?
Cosign on this by a Spurs fan. What's the deal?What does an appeal entail? Like can they appeal and play next season or does it have to be done by a certain date?
...'cause there's an equivalent to the Champions League for an MLB team?Hey Rob Manfred? THIS is how you punish a team for cheating.
The League sends 4. It would be the 5th place team.Does England keep 4 spots and have the 5th place team go? Or does the fact that City finishes in the top 4 and is banned mean another spot goes elsewhere?
Only thing I've read is an opinion (Nathan A Clarke): UEFA would probably award the open place to qualifying...Does England keep 4 spots and have the 5th place team go? Or does the fact that City finishes in the top 4 and is banned mean another spot goes elsewhere?
And once again fans of American sports conflate clubs with franchises. Manfred quite literally works for the baseball owners....'cause there's an equivalent to the Champions League for an MLB team?
That would seem to go against UEFA precedent, and why piss off Premier League?Only thing I've read is an opinion (Nathan A Clarke): UEFA would probably award the open place to qualifying...
Sure, but it makes the race for 5th more interesting, and there's more teams involved in that.And once again fans of American sports conflate clubs with franchises. Manfred quite literally works for the baseball owners.
I think this makes the race for 4th less interesting.
I found the prospect of two out of three big clubs in England joining Arsenal on the sidelines next season fascinating. For Spurs and Chelsea, that could have led to some dramatic moves regarding their rosters (ManU farts out so much cash It’s yet to matter).Sure, but it makes the race for 5th more interesting, and there's more teams involved in that.
Yeah, this. There's obviously no way to know, but I wouldn't be surprised if UEFA went with a two-year ban in part because it gives CAS some room to cut back the penalty but not eliminate it.Yahoo had a story on this and it said the court hearing the appeal, while they have a history of lowering penalties, do not have a history of wiping out things that potentially cover multiple seasons--so they may lower it from 2 to 1, but their history suggests Man City is at least going to miss next season's UCL.
I think the accusation is they inflated the value of some sponsorships .. notably from companies owned by other family members (going on memory). They pushed club into the black .. thus allowing them to pass the FFP rules which are designed to prevent clubs from buying championships"deliberately misled Uefa so they could meet FFP rules requiring clubs to break even. "
So they lost money and tried to make it seem that they broke even? How does one do this in a multi milliondollarpoundleague? Why does UEFA care?
What am I missing?
And it would be great if they can bring this rule to MLB and NFL
yes, but the root of the issue is how the wage bill was calculated in the first few FFP windows and differences in interpretation about how contracts signed before 2010 should be counted. While the transfer of money among Mansour-related business probably broke FFP rules, the case is messy because UEFA’s initial rules were somewhat ambiguous and then they were revised during the early years of FFP in a way that raised the break even bar for City.I think the accusation is they inflated the value of some sponsorships .. notably from companies owned by other family members (going on memory). They pushed club into the black .. thus allowing them to pass the FFP rules which are designed to prevent clubs from buying championships
I have a ton of thoughts and feelings, but this is the one nearest and dearest.Hmmm, and there were rumors of Pep to Juventus, i just saw it as a sidebar story and never clicked the link. But if i was Juve i'd be all in on trying to get Pep.
There is little doubt that FFP is designed to lock in the status quo and protect the blue bloods.FFP is, more or less designed to prevent the rise of another City or Chelsea - fueled solely from the resources of some oil sheik.
When John Henry bought Liverpool he claimed one of the main motivations was FFP. He famously quipped “I’m no Oil Sheik” or words to that effect.There is little doubt that FFP is designed to lock in the status quo and protect the blue bloods.
I remember that. His group has done a remarkable job running Liverpool, but he did buy Liverpool and not Patrick Thistle. He could not lift a small club to Liverpool’s level while remaining revenue neutral.When John Henry bought Liverpool he claimed one of the main motivations was FFP. He famously quipped “I’m no Oil Sheik” or words to that effect.
I think he just meant he foresaw Liverpool being able to complete with the likes of City and ManuU etc because he thought there was a level playing field due to FFP .. he was, of course wrong. It has been more or less inafective.I remember that. His group has done a remarkable job running Liverpool, but he did buy Liverpool and not Patrick Thistle. He could not lift a small club to Liverpool’s level while remaining revenue neutral.
The true purpose of FFP was not to level the playing field, but to make it more difficult for the nouveau riche clubs to challenge old money clubs.I think he just meant he foresaw Liverpool being able to complete with the likes of City and ManuU etc because he thought there was a level playing field due to FFP .. he was, of course wrong. It has been more or less inafective.
View: https://twitter.com/natesilver538/status/1228473040637440001?s=21UCL chances with change over past 5 days
Liverpool 100% (-)
Leicester 98% (+7%)
Chelsea 65% (+17%)
Tottenham 43%( +25%)
Wolves 22% (+13%)
Man. United 21% (+14%)
Sheffield Utd 16% (+11%)
...
Man. City 0% (-99%)
This was the common complaint when fans of financially doped clubs wanted to cry about it, but it's really not true. There is unlimited spending on infrastructure, training facilities, etc. If you want to build a yo-yo club into a super club, you can do it within the rules; you can set up a global marketing arm, you can have a world-class academy, you can have a TV channel. What you can't do is go and buy players when you don't have the income to support paying them and when your ability to pay has nothing to do with your support in the marketplace.The true purpose of FFP was not to level the playing field, but to make it more difficult for the nouveau riche clubs to challenge old money clubs.
FSG also got a great deal on Liverpool. RBS forced Hicks to sell for basically the amount of debt the club had accrued (£300m purchase wiping out £285m debt). There wasn’t opening bidding to drive up the price.I remember that. His group has done a remarkable job running Liverpool, but he did buy Liverpool and not Patrick Thistle. He could not lift a small club to Liverpool’s level while remaining revenue neutral.
The allegation goes that when compiling City’s accounts for 2012-13, the club’s chief financial officer Jorge Chumillas wrote an internal e-mail stating that, due to the cost of sacking Roberto Mancini, “we will have a shortfall of £9.9 million in order to comply with UEFA FFP this season”. Ferran Soriano, the chief executive, is alleged to have replied that this problem could be overcome if City could be paid the contractually stated bonus from their sponsors for winning the FA Cup.
There was just one problem with this. City had lost the FA Cup final to Wigan Athletic.
According to Der Spiegel, a compromise was reached whereby various sponsors — the Abu Dhabi airline Etihad, the Abu Dhabi-based fund Aabar Investments and the Abu Dhabi department for culture and tourism — would have their payments adjusted so that the shortfall was covered. When Chumillas asked whether they would be allowed to change the date of sponsorship payments, Simon Pearce, a board member of City Football Group and a special adviser to the club’s chairman Khaldoon al-Mubarak, is alleged to have replied, “Of course. We can do what we want.”
Of course .. but FFP was completely new when Henry bought the club .. so it’s real effects would not have been obvious at the time. It seemed pretty obvious, after a couple of years at the helm that Henry & Co. we’re relative neophytes at running a football club. So it’s highly likely they didn’t do an in-depth analysis of the inner workings of FFP.The true purpose of FFP was not to level the playing field, but to make it more difficult for the nouveau riche clubs to challenge old money clubs.