Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Ted Hughes wrote:Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Unofficially they think they have but I doubt it's written in stone. Be interesting to see what would happen if a few phone calls are made to foreign ministers of certain countries where certain middle eastern countries have billions of Euros (or pounds for that matter) invested, asking them whether they are 'for' or 'against' them being allowed to invest money & whether they should think twice about doing so inthe future.
Lev Bronstein wrote:Ted Hughes wrote:Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Unofficially they think they have but I doubt it's written in stone. Be interesting to see what would happen if a few phone calls are made to foreign ministers of certain countries where certain middle eastern countries have billions of Euros (or pounds for that matter) invested, asking them whether they are 'for' or 'against' them being allowed to invest money & whether they should think twice about doing so inthe future.
I didn't think there was anything official. My thought is that if ADUG had bought a car factory intead of a football club there would've been none of this sort of thing.
Ted Hughes wrote:Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Unofficially they think they have but I doubt it's written in stone. Be interesting to see what would happen if a few phone calls are made to foreign ministers of certain countries where certain middle eastern countries have billions of Euros (or pounds for that matter) invested, asking them whether they are 'for' or 'against' them being allowed to invest money & whether they should think twice about doing so inthe future.
Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
mcfc1632 wrote:Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Groan - not this again after all that has been written....
No offence meant to you but I thought that it was clear to all by now that european regulations are not pertinent in this area - there will be no ''European court case'
Ted Hughes wrote:mcfc1632 wrote:Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Groan - not this again after all that has been written....
No offence meant to you but I thought that it was clear to all by now that european regulations are not pertinent in this area - there will be no ''European court case'
I don't understand how anyone can say this until they see exactly what case City's lawyers would bring up. If you're suggesting there are no European laws concerned with business restrictions whatsoever then I'd suggest you're wrong & if you're right, then City would take the case to the relevent court in the country where UEFA are based. A landlady has just had the PL/Sky for breakfast over restrictions on showing broadcasts from foreign sports channels in her pub for instance. Everyone thought that was exempt from such rulings.
mcfc1632 wrote:Ted Hughes wrote:mcfc1632 wrote:Lev Bronstein wrote:I would have thought that the FFP rules break European Competition Law. Can anyone tell me if UEFA have wrangled some sort of exception from the European Commission or whoever?
Groan - not this again after all that has been written....
No offence meant to you but I thought that it was clear to all by now that european regulations are not pertinent in this area - there will be no ''European court case'
I don't understand how anyone can say this until they see exactly what case City's lawyers would bring up. If you're suggesting there are no European laws concerned with business restrictions whatsoever then I'd suggest you're wrong & if you're right, then City would take the case to the relevent court in the country where UEFA are based. A landlady has just had the PL/Sky for breakfast over restrictions on showing broadcasts from foreign sports channels in her pub for instance. Everyone thought that was exempt from such rulings.
Ted – I do not want to get into a big debate on this but I will try to explain what I was hoping was generally understood.
There have been so many debates and threads on this and CITY fans (in the main) just seem determined to take great (and largely unwarranted) comfort in the fact that .....it is the Sheik... he will have top legal reps.... etc. I understand this – but it is a comfort blanket that is not largely fact based.
I see the reality as being that the CITY management team know that they have to comply with the regulations rather than assume that they can disregard them – in fact is this not obvious from all that has been done recently with our Ethiad deal etc – designed to inject / grow our revenue streams but structured in a way that clearly compares favourly with established benchmarks.
This is why I am personally gutted with the loss of Cook at this time. It is probable (IMO) that we need a few years of revenue increasing at a rate of 25-40% year on year for us to be ‘clear and gone’ – and this was the importance of Cook’s role – and why PR gaffes like the Uwe issue are not as important as some make out. He will have many initiatives on the go that will need to be picked up by new players.
But back to my view - I have done much commercial / procurement type work under European regs. Contracts with values that run into the £billions sometimes so I have a pretty good appreciation of the regs. But my comments are not just based on my experience - I have worked closely with legal professionals specialising in European law and when I have asked them (over a beer) about this subject they concur with my view....
This is a competition operating under regulations / rules etc:
1/ that have been set out in by the governing body in good time and following due consultation.
2/ in which the participants having willingly signed up to confirm their agreement to operate under the competition rules etc.
3/ and therefore for which there is simply nothing that would interest the European courts.
The position would be entirely different of course if these regulations were impacting our ability to take certain sponsorships etc - they are not – there is not some limitation here that will be placed upon our revenue. Great care has been taken by Uefa to design and introduce these rules to meet the risk of any challenge. They have had to after all satisfy the demands of the old elite that wish to stop more ‘sugar daddy’ scenarios that could take their place. From a personal view only I feel that CITY has been the test case against which the rules have been designed and tested.
When you consider all this ‘...the Sheik has the best professionals etc....’ stuff – well you should consider also that UeFA has access to top people as well and have been doing their preparation for years – they have been careful to avoid a clumsy implementation that could see any European law implications.
Whilst I hate the driving force of the FFP (which I see to be the self-serving interests of the old guard clubs) – people should take note of the preparation of UeFA – as only 1 example (FFS) it is none other than the ex Prime Minister of Belgium – Jean-Luc Dehaene who will head up Uefa's Club Financial Control Panel – do you think that he does not have access to experts in European law?? Do you not think that there has been much preparation of scenarios that have tested case law extensively??
Putting aside all the ‘opinions’ – the important thing is that the club have clearly decided to conform and not contest. All we are seeing for example with the Ethiad deal is bringing this into effect and the great news is that it will end up working in our favour
IF
We get our revenue on track and maintain it.....
AND
Get our on-field performance on track and maintain it....
I think that we will be the ‘last club through the door’ – I would be gutted if I was a fan of a PL club that might just be about to receive some similar sponsorship – and I would be concerned if I was a fan of Liverpool, Arsenal or Chelsea.
If we do get through the door we will stay there and our academy will be the best in the world meaning that we will have a continuous supply of top talent and not have to spend the big bucks – others will not have that capability – but there are only 4 places and with the scum and ourselves taking 2 – someone has to lose out.
We just need to get through the door through revenue growth over the next few years – then we use the rules to cement our position.
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