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Started By
Message
re: Facing multiple legal challenges, UEFA set to ease FFP restrictions
Posted on 5/18/15 at 1:57 pm to StraightCashHomey21
Posted on 5/18/15 at 1:57 pm to StraightCashHomey21
quote:
The free market also let Liverpool become hours away from going into administration
quote:
In May 2010, accounts were released showing the holding company of the club to be £350m in debt (due to leveraged takeover)
Not what we're talking about at all
It really just comes off like you support this particular aspect of FFP (that is people injecting their own cash but not putting debt on the club) solely because you're an ManU fan and you a) know that this challenges your clubs hegemony and b)because your rival has an owner that can and will finance large transfers with their own wealth. You keep talking about these past examples but they were all situations that either a) weren't really addressed by FFP in the first place or b) will still be illegal even after this latest revision of the policy.
This post was edited on 5/18/15 at 2:01 pm
Posted on 5/18/15 at 2:33 pm to Draconian Sanctions
The take over was only part of it, another part was wages the club could not sustain when the owners didn't want to pay them.
Just ask the Liverpool fans on this board.
Just ask the Liverpool fans on this board.
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