FFP rules compel clubs to limit losses for the 2011-12 and 2012-13 - TopicsExpress



          

FFP rules compel clubs to limit losses for the 2011-12 and 2012-13 seasons combined to £37million, with a ban from European competitions the severest theoretical punishment. City last week announced losses for 2012-13 of £51.6m, meaning they have lost £149.5m over two years. They can perhaps ‘exempt’ as much as £110m of those losses to meet FFP requirements. But they face accusations their losses are artificially low after earning cash from ‘intellectual property’ sales to related companies. UEFA sources have confirmed this will be investigated to see if it is ‘real’ income. Amended small print in the 2014 UEFA FFP rulebook, just published, includes two key changes; one allowing clubs to ‘plea bargain’ punishments for overspending, and another that allows other clubs to challenge those plea bargains if they feel the outcomes negatively affect them. Read more: dailymail.co.uk/sport/football/article-2550222/Rivals-ganging-ban-City-Liverpool-Chelsea-Arsenal-test-Champions-League-ruling-Financial-Fair-Play.html#ixzz2sANujS9W Follow us: @MailOnline on Twitter | DailyMail on Facebook
Posted on: Sun, 02 Feb 2014 12:19:03 +0000

Trending Topics



Recently Viewed Topics




© 2015