Nyff 0 Posted February 1, 2011 Share Posted February 1, 2011 The new UEFA regulations have been mentioned in a few places alongside how this January transfer window has been a record-breaking one in terms of the sheer amount of money being spent. I know very very little about them, but I understand they look to force clubs to operate within their own means, i.e. to only be able to spend what they own? How will these regulations effect us? Will Ashley's cost cutting and investment actually benefit us for once? Link to comment Share on other sites More sharing options...
Monkeys Fist 43228 Posted February 1, 2011 Share Posted February 1, 2011 Call me a cynic, but Fat Cunt we simply use it as an excuse to invest even less in the team. (how do you invest less than fuck all , btw?) Link to comment Share on other sites More sharing options...
Rob W 0 Posted February 1, 2011 Share Posted February 1, 2011 TBF he has put in money - I think he's not willing to risk bankruptcy tho' just so we can compete at paying players £ 5 mm a year each Link to comment Share on other sites More sharing options...
Monkeys Fist 43228 Posted February 1, 2011 Share Posted February 1, 2011 Now is not the time to be reasoned and sensible Robert. Now is the time to burn lard effigies and send shit parcels. Link to comment Share on other sites More sharing options...
Nyff 0 Posted February 1, 2011 Author Share Posted February 1, 2011 What exactly do the new regulations entail? Link to comment Share on other sites More sharing options...
Monkeys Fist 43228 Posted February 1, 2011 Share Posted February 1, 2011 - Clubs could be banned from European competition from the 2014/15 season onwards if they do not comply with the new rules.- Clubs could be banned from European competition from the 2014/15 season onwards if they do not comply with the new rules. - The rules state clubs must break even over a three-year period - ie not repeatedly spend more than they earn. - Club owners will be allowed to put in up to 15million euro a year but only as equity, not a loan. This figure will then drop to 10million euro annually. - Clubs will be able to spend as much as they want on stadiums, training facilities and youth football. - UEFA will have a range of sanctions from warnings to a transfer ban to exclusion from European tournaments. - Across Europe, total club income in 2009 rose 4.8% to 11.7billion euros (£9.7billion) but expenditure was a 9.3% increase to 12.9billion euros (£10.7billion), making a 1.2billion euro (£1billion) deficit. - Most of the expenditure goes on player wages and one in three European clubs spent 70% or more of their income on salaries. - More than half of European clubs - 56% - ended 2009 in the red. - One in four clubs spent £6 for every £5 they earned. - A drop in transfer activity has reduced income by 5% to clubs in Scotland, France, Portugal and Holland. - English top-flight clubs are comfortably the richest in Europe with average revenue of 122million euros (£101million) - five times higher than Holland and Russia. Germany is second with average earnings of 86million euro (£71million). - Scottish top-flight clubs' average revenue in 2009 was 16m euro (£13.3million), the Republic of Ireland's 1.3m (£1.08m), Northern Ireland 0.7m (£580,000), Wales 0.3m (£250,000). - Clubs will be monitored if there are warning signs such as: recording a loss in any year; spending more than 70% of revenue on wages; having overdue football-related payments or tax debts; high level of debts. - As with a tax declaration, the onus is on the clubs to provide the correct information to UEFA and they will be subject to spot-checks and face sanctions if they do not do so. - National associations will initially grant the licences but UEFA will have spot-checks to make sure that the rules are being applied correctly. http://www.teamtalk.com/premier-league/665...fair-play-rules Link to comment Share on other sites More sharing options...
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