February 22, 2020
Uefa’s desire to encourage long‑term investment instead of relying on increasing debt is working
Liverpool’s rejuvenation shows clubs should be thankful for FFP | David Conn
In the days after Manchester City were found to have seriously breached Uefa’s financial fair play rules by overstating their sponsorships from Abu Dhabi companies, some of the ensuing discussion rapidly diverted from that guilty finding to questioning the merits of FFP itself. Approved by Uefa in the 2009 season after years of wondering how to drag European football from overspending on players’ wages, FFP has since transformed top division clubs’ finances overall, and was introduced by the Premier League in 2013.
City’s impatient ambitions after the great fortune of the 2008 takeover by Sheikh Mansour of the Abu Dhabi ruling family were based on him bankrolling mega-spending, rather than the FFP principle that clubs should not spend more than they make in revenues and not rely on owner funding. Mansour’s executives were adversarially hostile to FFP and threatened to sue Uefa in 2014 as its club financial control body (CFCB) assessed City’s deficit at around €180m, far greater than the €45m allowable then.
Related Stories
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Nikki and Brie Bella take us inside their closets, talk pregnancy style | Page Six Celebrity News
April 01, 2020
Is ‘Bigger’ better? BET+ sex scene review | Page Six Celebrity News
April 01, 2020
Are Tyler Cameron and Hannah Brown dating? TikToks hints at romance | Page Six Celebrity News
March 27, 2020
'Ozark' Star Julia Garner Dishes on Season 3 and More
April 02, 2020
'Tiger King': Joe Exotic's Fourth Husband Dillon Speaks Out
April 01, 2020
'The Bachelor' Star Colton Underwood Opens Up About Covid-19 Diagnosis on Variety Live
March 31, 2020
Drew Barrymore's Funny Attempt at Staircase Challenge | E! News
April 02, 2020
Kim Kardashian Shuts Down Thoughts of Baby No. 5 | E! News
April 02, 2020
John Mayer Breaks Silence on Ex Jessica Simpson's Memoir | E! News
April 02, 2020
Andrew Yang Says Coronavirus Triggered Racism Against Asians | TMZ
April 02, 2020
Daymond John Issues Dire Warning to Retailers Reeling from Pandemic | TMZ
April 02, 2020
Amazon Delivery Driver Caught Peeing in Homeowner's Driveway | TMZ
April 02, 2020
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians


Latest sport results, news, videos, interviews and comments
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k tudKp5Vhs3k iwWHibhssSo kQr0XHPbICM 5NeCb7JxaRk u5xQKdNqazE 56CdjlzJqSA kw7uFRs-Az0 xNv0JZWLV7w
Copyright © 2020 Feedimo. All Rights Reserved.