Proposed new uefa financial rules

fez

fez

fez

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I understand that there is a vast array of ways that english and foreign clubs are run however is it not up to the club to manage this. The new legislation they are trying to pass will mean that you must break even to enter the champions or europa league and from what they are saying, spending will be cut drastically.

http://www.bbc.co.uk/blogs/davidbond/2010/05/its_financial_fair_play_stupid.html

I cant help but feel that those with the power in european football havnt liked the fact that english clubs have done so well for the last 5 or so years. If everyone had a much lower pay packet, very little to spend every year then who are all the best players likely to go to?

You can have sun, sea, sand and beautiful women in spain or you can come to england to play. The only real advantage we have over a lot of clubs is that we can spend more. I just cant see this being a stellar idea, what do you lot think?
 
You are confusing success on the field and success on the balance sheets. They are not the same thing. I think it's good thing personally before the poverty gap widens and financial bullying on the transfer market (points at Man City) which over inflates players value thus forcing smaller clubs to delve deeper into their pockets in order to survive.
 
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I'm in complete support of this new ruling to be honest.

Although I'm probably just biased from Scottish teams being unable to afford anyone ;)
 
Correct.

The club who'll most benefit from this change is Arsenal. They've got massive turnover and a very balanced book.

I'm in favour of the changes, though I fear that clubs like Manchester United, Liverpool and Real Madrid will get creative with their books to get around the rules.
 
This is excellent and will shape the future. Chelsea, City and Liverpool will all have major problems. Apparently Arsenal would be accepted if these rules were implemented today, and Man Utd won't have too much bother either

UEFA have already said that they will not allow any bending of the rules e.g. Sponsorships from rich sugar daddys etc.

This could save football from the mess it's becoming
 
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Tunney said:
Correct.

The club who'll most benefit from this change is Arsenal. They've got massive turnover and a very balanced book.

I'm in favour of the changes, though I fear that clubs like Manchester United, Liverpool and Real Madrid will get creative with their books to get around the rules.
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the club ownership is in debt...but as a trading concern we make a cash profit each year...?

how would we need to get creative to get around this?

2010: reports annual profits of £48.2m.
 
Last year Man Utd would have lost something like 60m if it wasn't for the sale of Ronaldo. They can't sell 80m of players every year
 
I was gonna start a thread on this, but wasn't sure if anyone else would care to post lol, so I'm glad someone got here already!

As an Arsenal fan, my initial reaction from what I think I understand of the rules, is that this is a good thing. I’m sure everyone else has sympathy for Pompey fans, and no-one wants to see it happen again (I didn’t see too many people saying they wanted the Scousers to go bust in the Liverpool Administration chat we were having).
So perhaps, and I don’t say this lightly, this is the first sensible thing Platini has done!! I usually think all of his decisions are twattish though, so I sensed something was awry and thought about this some more:

Arsenal have always relied on self-generated funds so it shouldn't be too bad for us; these changes will neuter the huge spending power of clubs with billionaire owners, and won’t overtly affect clubs that spend conservatively within their means. Obviously if you’re a Man City or Chelsea fan, this is not good news! (However the way this is being phased in over 3 seasons means we will still see ridiculous spending this summer.)


The problem with levelling the playing field in this way, is that the measures UEFA have taken to try and ensure equality are not wide-ranging enough. This might stop the sugar daddies, but this doesn’t inhibit clubs like Barcelona and Real Madrid who turnover huge amounts of money. The way they negotiate their TV right deals means they get double the money that the top Premier League sides get. They have lower taxes on high earners in Spain, and the Euro is stronger than the pound at the moment. This is not to mention the fact that Real Madrid make a killing from the land they own, I’ve no idea whether the non-football income that these clubs generate will be exempt from the limitations imposed. I suspect it won’t. The richer clubs, and those with sugar daddies will be immediately looking at alternative revenue streams, and the disparity will continue in earnest. If you want to impose equality it must be all or nothing! Not this kind of limp-wristed halfway house.

I expect this move to massively favour the Spanish teams, and to a lesser extent the rest of the Europe too, particularly those clubs who are used to operating in the Champions League on restricted budgets. So sorry Mr Platini, I was wrong, you’re still a French-biased, anti-English ****.
 
google "platini anti-english" - 14,000 results :D

the man himself had to deny that's he's anti-english! which is, as it goes, a fairly good indication he's anti english! :p

He's always moaning about us. Blatter too, you're right, though Blatter I suspect wants us to get the WC in 2018, so he has been curiously pro-English in recent soundbytes that I've heard.
 
goonerfan said:
I expect this move to massively favour the Spanish teams, and to a lesser extent the rest of the Europe too, particularly those clubs who are used to operating in the Champions League on restricted budgets. So sorry Mr Platini, I was wrong, you’re still a French-biased, anti-English ****.
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The rules don't favour Spain, they favour Barcelona and Real Madrid. The rest of Spanish football is bankrupt. Real Mallorca only missed out on Champions League football on the last day of the season and they entered administration last week.
 
ah true, Valencia have had financial woes for years too, despite being one of the better teams... you're right, it does just favour the big two in spanish football, and they look set to remain the dominant forces in European football for as long as these restrictions are in place. Which kind of ruins their league as much as it ruins European competition.

Longer term though, with there being lower tax on the players' wages in Europe, and the Euro being the stronger currency, the strength of the various European leagues is only going to grow vs. The Premier League. I do worry that this is the heyday for English football, and that it is only going to decline from here.
 
Most profitable club in the EPL...Arsenal.

Clubs that made the biggest loss in the EPL are Chelsea, Liverpool and Man City so no great surprise there...all i remember from what they said on SSN is that Man City lost £93mill and Arsenal made £46mill i think.

Was surprised that Utd made a £20mill profit from last season...probably due to the sale of Ronaldo last summer....Spuds were in 2nd place with £33mill profit...
 
Tunney said:
The club who'll most benefit from this change is Arsenal. They've got massive turnover and a very balanced book.

I'm in favour of the changes, though I fear that clubs like Manchester United, Liverpool and Real Madrid will get creative with their books to get around the rules.
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Actually United would stand above Arsenal on this one, they have the largest revenues in the Premier League and the third largest in the world (and even then only behind the largely skewed revenues of the two La Liga sides). Who stands to lose are Man City and Chelski or any other club that relies on owners or any other such 'external' revenue sources.

Spawn said:
Most profitable club in the EPL...Arsenal.

[...]

Was surprised that Utd made a £20mill profit from last season...probably due to the sale of Ronaldo last summer...
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Maybe after debt servicing and a deficit in player sales the yearly figure went down to that, but I've seen quarterly reports that had huge profit margins for United. As above, they have the best money-generating abilities in the Premiership and would stand to gain most from this ruling (I know this must hurt the balance-sheet Gooners, but take it easy ;)).
 
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jakeke said:
Last year Man Utd would have lost something like 60m if it wasn't for the sale of Ronaldo. They can't sell 80m of players every year
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The PIKs are exempt from the UEFA ruling so it leaves Man Utd in a pretty safe position financially. They have the largest turnover of any club so are sitting pretty as long as they keep the PIK payments off of their interest payment balance sheet.

Chelsea are the most indebted club as their holding company owe over £700m to Abramovich. (allegedly it was written off, but that has been found to be untrue)

http://uk.eurosport.yahoo.com/19052010/58/premier-league-chelsea-owe-abramovich-726m.html
 
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Yeah, in my post above I said both Man Utd and Arsenal will be fine, Chelsea are in major trouble though and it's completely possible that they won't be allowed to play in Europe in 5 years.
 
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