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Old 16-05-2014, 20:38   #8093
thenry
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Re: Football Season 2013/14 & Summer Window

Quote:
Oliver Kay ‏@OliverKayTimes
Breaking: Manchester City fined €60million and Champions League squad reduced to max 21 players for breaches of Uefa FFP regs #MCFC
7:52 PM - 16 May 2014
https://twitter.com/OliverKayTimes/s...77157749362689
The fine isn't high enough.

---------- Post added at 20:38 ---------- Previous post was at 19:55 ----------

http://www.uefa.org/MultimediaFiles/...0_DOWNLOAD.pdf

Quote:
In this regard, Manchester City undertakes to report a maximum break-even deficit of EUR 20 Mio. for the financial year ending in 2014 and a maximum break-even deficit of EUR 10 Mio. for the financial year ending in 2015. In this context certain commercial partnerships were subject to examination. In order to avoid dispute and for the avoidance of doubt, Manchester City has agreed that for the period of the settlement it will not seek to improve the financial terms of two second tier commercial partnerships.
commercials examination? how did they examine them?

Quote:
Furthermore Manchester City agrees that revenues from the sale of assets within their group structure will not be included in future break-even calculations.
thats a decent sanction.

Quote:
Manchester City accepts that employee benefit expenses cannot be increased during the next two financial periods (2015 & 2016). If Manchester City meets the annual break-even requirements outlined above, this spending limit will be removed for the 2016 financial period.
i wonder what other perks they had in store for employees

Quote:
Manchester City accepts that for the duration of the settlement it will be subject to a limitation on the number of players that it may include on the “A” list for the purposes of participation in UEFA competitions. Specifically, for season 2014/15 Manchester City may only register a potential maximum of 21 players on the “A” list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations. If MC manages to comply with the annual break-even target the club shall be released from the restriction as regards the registration of players in UEFA club competitions for the 2015/16 season.
Quote:
Manchester City agrees to significantly limit spending in the transfer market for seasons 2014/2015 and 2015/2016. Manchester City further accepts a calculated limitation on the number of new registrations it may include within their “A” List for the purposes of participation in UEFA competitions. This calculation is based on the clubs net transfer position in each respective registration period covered by this agreement.
Quote:
Manchester City agrees to pay a total amount of EUR 60 Mio. which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2013/14. Of this EUR 60 Mio. an amount of EUR 40 Mio. will be withheld conditionally and will be returned to Manchester City if the club fulfills the operational and financial measures agreed with the UEFA CFCB.
so its time for Man City to put the thinking hat on but i do reckon they, Man City haven't been tested as much as they should have been. may be im being too biased.
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