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Henry calls on UEFA to act against clubs ignoring FFP rules


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  • 4 months later...

http://www.telegraph.co.uk/sport/football/teams/liverpool/11114984/Liverpool-could-face-FFP-penalty-as-Champions-League-qualification-opens-them-up-to-scrutiny.html

 

Telegraph.co.uk

 

FOOTBALL

Liverpool could face FFP penalty as Champions League qualification opens them up to scrutiny

 

Liverpool could face FFP penalty as Champions League qualification opens them up to scrutiny

In the spotlight: Liverpool face possibility of being punished, if found guilty of breaking FFP rules

Picture: GETTY IMAGES

 

 

 

 

 

By Telegraph Sport

7:18AM BST 23 Sep 2014

Uefa guidelines stipulate that teams who qualify for Champions League or Europa League, and therefore come under microscope of FFP, must limit losses to an agreed amount

 

Liverpool could be at risk of having nearly £7 million in Champions League prize money withheld as Uefa investigates whether or not the club has breached Financial Pair Play regulations.

 

Due to Liverpool's absence from either of last season's European cup competitions - the Champions League and Europa League - they were not required to submit acounts for the 2011-12 and 2012-13 seasons. However, having now qualified for Europe's premier club competition, they are now subject to FFP.

 

Uefa guidelines stipulate that the teams who qualify, and therefore come under the microscope of FFP, must limit their losses to an agreed amount. For the likes of Manchester City, Chelsea and Arsenal, who were present in last season's Champions League, that figure was £35.4m over two seasons.

 

Man City and French giants PSG were the two most high-profile teams who exceeded this amount and were penalised heavily.

 

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Andrea Traverso, head of Club Licensing and Financial Fair Play at Uefa, told The Times: "As soon as a club qualifies [for a Uefa competition], it enters the scope of Financial Fair Play. So they have to immediately submit all the information to Uefa."

 

Over the summer, Liverpool, and the other sides not involved in Uefa competition, submitted their accounts for the past two seasons and they showed significant enough losses to potentially be among clubs referred to the Club Financial Control Body (CFCB).

 

Uefa has not confirmed which clubs will be deemed "at risk". Last season it was 76 but, ultimately, only nine were sanctioned. And this season "at risk" clubs could have the first instalment of their Champions League prize money held back while they are investigated.

 

- Liverpool could play Gerrard and Rossiter in Capital One Cup

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Be interesting to know where the 50m will go.  Hopefully to grassroots or junior football but i kind of doubt it.

 

 

 Its to be distributed among the clubs who complied with FFP last year including the Manc's Real Madrid and Chelsea. 

 

 If the FFP was being true to its stated objective which is to prevent the likes of H&G types from bankrupting clubs then the money should go into a reserve bailout fund to help clubs like Rangers etc transition to new ownership. Instead as is true of many things its really all about protecting the status quo.

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haha tragic, after no marks city and chelsea shamelessly buying football despite having zero herritage or fans , just with billions of oil blood money to artificially over inflate the market and almost kill competition, Liverpool having a net spend of £36 million one year is going to get them in trouble.?

the telegraph 'could' go fuck a sparrow.

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