FFP talks are 'ongoing'

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FFP talks are 'ongoing'

Postby john@staustell » Tue May 13, 2014 4:19 pm

http://www.squamishchief.com/sports/nat ... -1.1058976

TURIN, Italy - UEFA general secretary Gianni Infantino says talks are ongoing with nine clubs to agree on sanctions for breaking Financial Fair Play rules.Infantino insists UEFA is "still quite well on track" to reach settlements, 11 days after confirming that nine investigations were open.Premier League winner Manchester City and French champion Paris Saint-Germain reportedly face fines of tens of millions of euros (dollars) for overspending on player transfer and wages since 2011.A UEFA investigations panel reportedly wants to limit both clubs' squad sizes in next season's Champions League.English media reports suggest Man City's case is the toughest to resolve.Infantino says he is "not worried or anxious or concerned" about apparent delays before next season, with potential appeals ahead -
Last edited by john@staustell on Tue May 13, 2014 4:56 pm, edited 1 time in total.
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Re: FFP talks are 'on track'

Postby john@staustell » Tue May 13, 2014 4:55 pm

http://www.manchestereveningnews.co.uk/ ... ng-7115383

European governing body UEFA is not concerned by a perceived delay in adjudicating over Manchester City's breach of financial fair play regulations.

The newly-crowned Barclays Premier League champions were understood to be the only one of nine clubs facing action to have failed to reach agreement over the sanctions put forward by UEFA's club financial control board (CFCB).

It was thought a deadline had been passed and decisions could be announced early this week but UEFA's general secretary Gianni Infantino has indicated that the process is still ongoing.

Infantino, speaking at a press conference following a meeting of UEFA's executive committee in Turin, refused to put a timescale on the matter, other than expressing hope it is concluded before the start of next season.

He brushed off suggestions that a delay was allowing clubs to talk themselves out of sanctions or that it was an attempt to reach compromises that would ensure the matter did not end up in court.

City were thought to be facing a 60million euro (£49.3million) fine over three years, having the size of next season's Champions League squad cut from 25 to 21, with a wage freeze on that squad.

Eight of that squad would also have to be home-grown and there would also be some restrictions in the number of new players being able to be registered for European competition.

Infantino said: "The fact that decisions are not taken the moment when the media expect they are taken, or think they are taken, means simply that the procedure is not concluded.

"From that point of view, I think what we had to communicate was that there are still nine clubs involved in the investigations with the investigatory chamber. This is still the case.

"When they either reach a settlement, or reach a conclusion that there is no settlement, then this will be published.

"I think in terms of deadlines it is still quite well on track, so I am not worried or anxious, or concerned - it is a process.

"It is normal that in legal proceedings time has to be taken to analyse everything in detailed ways.

"We are aiming at having a clear picture on what will happen before the start of the next competitions."
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Re: FFP talks are 'ongoing'

Postby Hutch's Shoulder » Tue May 13, 2014 5:21 pm

"We are aiming at having a clear picture on what will happen before the start of the next competitions."

Sounds like a good idea......
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Re: FFP talks are 'ongoing'

Postby john@staustell » Tue May 13, 2014 5:56 pm

Hutch's Shoulder wrote:"We are aiming at having a clear picture on what will happen before the start of the next competitions."

Sounds like a good idea......


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Re: FFP talks are 'ongoing'

Postby stevefromdonny » Tue May 13, 2014 6:28 pm

how many deadlines are they going to have
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Re: FFP talks are 'ongoing'

Postby Benjay » Tue May 13, 2014 6:52 pm

There will soon be a deadline for the deadline.
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