Quote: -------------------------------------------------------------------------------- Appropriate regulations have been put in place. The UEFA Club Financial Control Panel ̢̢̮ââ¬Å¡Ã¬Ã¢â∠â chaired by former Belgian Prime Minister Jean-Luc Dehaene ̢̢̮ââ¬Å¡Ã¬Ã¢â∠â has been set up to monitor and ensure that clubs across UEFA’s member association adhere to the financial fair play requirements included in the regulations. The concept will be implemented over 2010, 2011 and 2012. Fair play criteria will become mandatory from the beginning of the 2013/14, when the Club Financial Control Panel can start pronouncing sanctions against clubs based on financial statements from the 2011/12 and 2012/13 reporting periods, Under the financial fair play concept and the regulations, clubs will be encouraged to operate on the basis of their own revenues and not spend more than their income. Clubs should also settle their liabilities with players, authorities and other clubs in a punctual manner. In addition, they will have to provide information about future financial planning. The result should be a more disciplined approach by clubs towards their finances. Long-term investment favouring youth development and improvement of club installations should take precedence over short-term speculative spending. Sponsored Links Mr Platini underlined that the European Club Association, grouping major European clubs, had asked for the financial fair play rules to be put in place. "The clubs therefore know perfectly well what they will have to face from now on," he explained. "We have had years of anarchy before, and there was a need to put proper rules in place." --------------------------------------------------------------------------------
Sorry steeve but that quote even says: "Under the financial fair play concept and the regulations, clubs will be encouraged to operate on the basis of their own revenues and not spend more than their income". Man Utd have never spent more than they have coming in.
Dont worry Berbnanide z, when youre club goes broke and gets forced into administration then liquidation, You can always start supporting FC United Of Manchester or Manchester City. No need to thank me for planning ahead.
Yes bro i do blud, me nd my fam bros were chillin tlkin bout untd init nd we both sed dat untd will get shankd nd the untd fans will spport the fc untd or man c, while arsenal will show tht they R sik bruv.
Man Utd have never spent more than they have coming in. rubbish didnt you JUST break even after seeling diving donkey to madrid
Hey bra, i've been where you are bra, ya know bra, jesus saved me bra, i need to wear a bra bra, you've got kids bra, lay off the ice an look after them bra, we'll help ya bra.
We only broke even because of the money spent paying off the Glazer's loans. We spend less on players wages and transfers than we have coming in so the UEFA rules won't affect us. Sorry!
the only thing the red tops have right on their paper is the date. theyre also reporting that fabregas said to the ref "how much are everton paying you"...you believe that too?
I never said i believed what they said, i just asked how do you know their not right on atleast 1 occasion? such as rooneys wages? P.S - Nice doggie.
thank you. according to fergie, rooney signed the contract that was already on the table before the whole saga kicked off. i cant for the life of me see that being 250,000 k, not jumping from 100,000. it's apparently 160,000 a week, still extortionate and still pretty ****ing disgraceful mind you.
I know I go against the general consensus, but I think the Mancs at least have the occasional justification for getting in our collective faces. They have and do actually achieve success, albeit with more than a little help from match officials. The spuds on the other hand are just a bunch of deluded 3rd rate chavs. A pack of classless mongrels wearing fake tans. If it weren't for the tanning salons they would all be albinoes after having spent so many decades in our shadow!!!