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Started By
Message
Brussells court invalidates FFP
Posted on 6/23/15 at 2:07 pm
Posted on 6/23/15 at 2:07 pm
LINK
This post was edited on 6/23/15 at 3:16 pm
3
Posted on 6/23/15 at 2:09 pm to Draconian Sanctions
which means nothing 
DM ffs, post something more credible.
DM ffs, post something more credible.
This post was edited on 6/23/15 at 2:10 pm
Posted on 6/23/15 at 2:21 pm to Draconian Sanctions
DS, kindly please change your title to Brussels (saying Belgium makes this sound like it corresponds to the Belgian league).
This post was edited on 6/23/15 at 2:22 pm
Posted on 6/23/15 at 2:21 pm to StraightCashHomey21
quote:
Draconian Sanctions
quote:
SCH
quote:
FFP
Over/Under is set at 99.5 pages.
Posted on 6/23/15 at 2:23 pm to jackwoods4
Going with the over on this one, guys.
Posted on 6/23/15 at 2:38 pm to cwil177
Im not even going to get into with him.
Did FFP get it right all the way? No
But something needed to be done.
Did FFP get it right all the way? No
But something needed to be done.
Posted on 6/23/15 at 3:15 pm to StraightCashHomey21
quote:
But something needed to be done.
Something was done. Something illegal under EU law was done. Today's ruling is just the beginning.
This post was edited on 6/23/15 at 3:16 pm
Posted on 6/23/15 at 4:25 pm to Draconian Sanctions
It talks about Manchester City and PSG, but the real reason FFP is fricked is because it has pissed off the Russians. Putin is behind the scenes doing work. 
This post was edited on 6/23/15 at 4:26 pm
Posted on 6/23/15 at 5:13 pm to Mr Personality
FFP should be trying to prevent a situation exactly like Parma, not one like PSG or ManCity. If an owner wants to throw tons of money into a club but not amass debt for the club, they should be able to. It's the debt that makes the club toxic if/when the owner gets bored and the club is left to pick up the pieces.
Posted on 6/23/15 at 5:21 pm to TheRookbird
Those clubs actually do go in debt bc their operating cost are more than their revenue. But the owner just dumps more of their own money in the club to cover its losses. FFP is to promote being self sufficient. So clubs don't live beyond their means like Parma and many others that end up going bust.
This post was edited on 6/23/15 at 5:23 pm
Posted on 6/24/15 at 7:13 am to StraightCashHomey21
quote:
FFP is to promote being self sufficient.
Posted on 6/24/15 at 8:56 am to Draconian Sanctions
This thread title is misleading as frick btw
All the ruling did was for the time being stop expanding FFP rules on how much a club can go in the red each year to only 21 million pounds.
How about you read what you post.
All the ruling did was for the time being stop expanding FFP rules on how much a club can go in the red each year to only 21 million pounds.
How about you read what you post.
This post was edited on 6/24/15 at 9:00 am
Posted on 6/24/15 at 9:02 am to StraightCashHomey21
I did read it, I'm an attorney.
It blocked the implementation of the next phase of FFP, and referred the matter to the European Court of Justice.
This is the first step of what will be the ultimate extinguishment of an illegal cartel scheme. I'll title my threads however I see fit.
It blocked the implementation of the next phase of FFP, and referred the matter to the European Court of Justice.
This is the first step of what will be the ultimate extinguishment of an illegal cartel scheme. I'll title my threads however I see fit.
This post was edited on 6/24/15 at 9:04 am
Posted on 6/24/15 at 9:14 am to StraightCashHomey21
quote:
Those clubs actually do go in debt bc their operating cost are more than their revenue. But the owner just dumps more of their own money in the club to cover its losses. FFP is to promote being self sufficient.
While true, FFP still caps the amount of equity an owner can dump into their club. It's a little disingenuous to purport that FFP is about promoting self sufficiency. It's a veiled attempt at solidifying the European elites whose place is threatened by upstart clubs funded by billionaires. If it were just about promoting self sufficiency and preventing a Parma scenario, they would not cap how much an owner could cover.
This post was edited on 6/24/15 at 9:16 am
Posted on 6/24/15 at 9:18 am to TheRookbird
quote:
If it were just about promoting self sufficiency and preventing a Parma scenario
If it were about preventing a Parma scenario it might have actually, you know, prevented Parma from going under.
But it's never been about that and SCH knows it.
Posted on 6/24/15 at 9:35 am to Draconian Sanctions
quote:
If it were about preventing a Parma scenario it might have actually, you know, prevented Parma from going under.
To be fair, though, Parma's issues began well before the implementation of FFP.
Posted on 6/24/15 at 9:43 am to Draconian Sanctions
quote:
I did read it, I'm an attorney.
clearly you didn't
quote:
It blocked the implementation of the next phase of FFP, and referred the matter to the European Court of Justice.
This is the first step of what will be the ultimate extinguishment of an illegal cartel scheme. I'll title my threads however I see fit.
you sure about that
LINK
quote:
The case challenged plans to cut clubs' permitted losses from 45m euros (£32m) to 30m euros (£21.32m).
Uefa said it will appeal against the decision and continue implementing the new rules.
quote:
However, Uefa claimed the Belgian court was "incompetent" and insisted its appeal "automatically suspends the ruling of the lower court".
"It means that Uefa can proceed with the next phase of implementation of FFP," it said.
The governing body's statement added: "Uefa remains fully confident that FFP is entirely in line with EU law, and that the European Court will in due course simply confirm this to be the case."
So yes a misleading thread title
like I said it means nothing an FFP is still going on.
This post was edited on 6/24/15 at 9:45 am
Posted on 6/24/15 at 9:44 am to Draconian Sanctions
quote:
If it were about preventing a Parma scenario it might have actually, you know, prevented Parma from going under.
Now you are being straight up dishonest.
quote:
But it's never been about that and SCH knows it.
Im done with with conspiracy debates.
Posted on 6/24/15 at 9:53 am to StraightCashHomey21
quote:
Im done with with conspiracy debates.
it's more crony capitalism than conspiracy.
Posted on 6/24/15 at 9:56 am to StraightCashHomey21
quote:
However, Uefa claimed the Belgian court was "incompetent" and insisted its appeal "automatically suspends the ruling of the lower court".
Well if UEFA says it, it must be true
quote:
like I said it means nothing
Nigel Pearson would like a word
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