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  1. #1
    Thailand Expat harrybarracuda's Avatar
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    Why Manchester Dhabi are ruining football

    The author makes a good point. These scum that are pouring their stolen money into their toys to buy trophies are going to ruin the game. They should be kicked out of all competitions so they can play each other for their silly European Super League Cup/Plate/Bowl/Shield/Trophy.

    Manchester City decision leaves Financial Fair Play dead in the water


    The news that Manchester City have escaped punishment for the most serious charge against them comes at a huge cost to UEFA. They cannot be taken seriously and Financial Fair Play is in tatters, writes Michael da Silva.

    This should prove to be a watershed moment for the runaway train that is European football's finances. It should be the moment that an alternative to UEFA is founded and a hard salary cap introduced, bringing it closer to the model of most professional US sports. In reality though, it's just another win for those with the deepest pockets in a game that has been permanently disfigured by greed and corruption.


    The Court of Arbitration for Sport (CAS) claimed they couldn't investigate City's alleged impropriety as it dates back more than five years. UEFA were only prompted to investigate after German newspaper Der Spiegel published leaked emails and documents in November 2018, but it was already up to five years after the alleged infringements between 2012 and 2016. What took UEFA so long to investigate a breach of their own rules and why did it only happen after a media investigation?


    CAS have promised a full report of their judgment "in a few days" which could shed more light on a landmark decision that will only embolden the owners of Paris Saint-Germain, Chelsea and the prospective Saudi owners of Newcastle United, among others. Emboldened to behave as they please at the expense of the greater good of the game, this decision is a dark day for football.


    The claim against City was that they embellished sponsorship receipts from Abu Dhabi-based companies to disguise what was actually equity funding - a clear contravention of Article 56 of UEFA's Club Licensing and Financial Fair Play (FFP) regulations. Of course, in theory, this is a big 'no no' in UEFA's handbook. But that handbook has proved to be more of a pamphlet, as UEFA's rules have been found to be achingly inadequate.


    City were banned from the Champions League for two seasons and fined €30 million by UEFA, but there was always a feeling that City would get away with it. With Pep Guardiola yet to sign an extension to his contract which ends in 2021 and top players like Kevin de Bruyne open that they might be forced to leave if City weren't in the Champions League, the stakes couldn't have been higher for the Manchester City project.


    When FFP was introduced back in 2011, it promised to herald a new era that would protect clubs from debt and force them to live within their means, preventing reckless investment from dubious external backers - Russian oligarchs, American venture-capitalists and oil-rich states with questionable track records on corruption and human rights.


    Instead, it's proved to be a protectionist racket that has created an environment that has encouraged just that. UEFA has overreached and is now unable to implement its own rules.


    It's a hugely embarrassing episode, and one that seems likely to result in further or even complete deregulation of the sport, which would in turn clear the path for a European Super League.


    UEFA has lost appeals against AC Milan and Paris Saint-Germain before, but the City case has pushed them further than ever. While it's impossible to make a judgement on the full extent of the decision until CAS publishes its full ruling in the coming days, it's clear that this is a big win for individuals and states who want to instrumentalize football to launder their geopolitical reputations.


    Yet more clubs will be stripped of their souls and used as pawns in bigger political games in the truest sign yet that FFP is a completely inadequate system implemented by a failed organization.


    Football deserves better and its fans do too — but UEFA has lost control.
    Opinion: Manchester City decision leaves Financial Fair Play dead in the water | Sports| German football and major international sports news | DW | 13.07.2020

  2. #2
    The Dentist English Noodles's Avatar
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    Good. Now just get those business titles signed over to the Sauds and let's get some investment in to Newcastle Arabia....

  3. #3
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by English Noodles View Post
    Good. Now just get those business titles signed over to the Sauds and let's get some investment in to Newcastle Arabia....
    They should start by demolishing that eyesore of a stadium.

  4. #4
    RIP
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    Treble this season and quad again next season.


    Artical was probably written by a gooner

  5. #5
    Thailand Expat helge's Avatar
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    They are not Football Clubs.

    They are football businesses. No local players; maybe a handfull of english players with a scot or irishman thrown in for keeping the bench warm...

    Leaves me cold to watch a chinese penis enlarger meet an arab ditto.

    Go Wimbledon

    Rant over

  6. #6
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    Quote Originally Posted by helge View Post
    Leaves me cold to watch a chinese penis enlarger meet an arab ditto.


    helge is back!

  7. #7
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    Why just pick on the Abdabs? The game is awash with filthy lucre from Russian oligarchs and the odd Thai corruptomogul too. You even had some American Jewish sporting tycoon sniffing around a Premier League franchise, dunno if they bought. About the only ones that can't afford an EPL franchise these days are the Poms.

    Strange though that horse racing doesn't get under the microscope much- it's pretty much owned by Abdabs.

  8. #8
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by sabang View Post
    horse racing
    One suspects Lizze's legal adviser has suggested "Some would not be amused".

  9. #9
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by sabang View Post
    Why just pick on the Abdabs? The game is awash with filthy lucre from Russian oligarchs and the odd Thai corruptomogul too. You even had some American Jewish sporting tycoon sniffing around a Premier League franchise, dunno if they bought. About the only ones that can't afford an EPL franchise these days are the Poms.

    Strange though that horse racing doesn't get under the microscope much- it's pretty much owned by Abdabs.
    Since FFP has been applied, none of the oligarchs or anyone else has been ringing their brother to pour disproportionate amounts of money into their club under the guise of "sponsorship".

    How the fuck you think this has anything to do with horse racing is anyone's guess.

  10. #10
    Hangin' Around cyrille's Avatar
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    Court ruling shows Premier League still investigating Manchester City over FFP

    Manchester City have lost a ruling by the court of appeal, which confirms that the Premier League is continuing to investigate the champions for alleged breaches of financial fair play, with one of the judges stating part of the club’s argument was “entirely fanciful”.

    City’s legal team did not want it reported that it was challenging the jurisdiction of Premier League arbitrators to investigate the case and that it was also fighting a request to disclose documents and information to the panel.

    In March 2019 the Premier League said it was investigating City, as Uefa had already done. As with European football’s governing body, the league was interested in leaks to the German publication Der Spiegel that claimed the breach of rules.

    Last summer the court of arbitration for sport overturned City’s two‑season Champions League ban from Uefa, saying that “most of the alleged breaches were either not established or time-barred”.

    This, though, has not deterred the Premier League as the ruling on Tuesday underlines. City had lodged the appeal after a high‑court judge ruled against the club with regard to the reporting of its dispute with the governing body.

    The three-judge court of appeal dismissed City’s argument. One of these, Sir Julian Flaux, the chancellor of the high court, said: “The suggestion that press interest and speculation might disrupt the investigation or the arbitration, where both are being conducted by experienced professionals, is entirely fanciful. Likewise the suggestion that press comment and speculation following publication might damage the club’s relations with commercial partners was unconvincing.

    “As Lord Justice Males [one of the other two judges] said during the course of argument, any potential commercial partner with whom the club might enter a contract would be bound to conduct due diligence, which would reveal the existence of the investigation and the dispute.”

    As the arbitration was public knowledge the club’s argument that it cannot have a fair hearing was also dismissed. “[This] would seem to be a non-lawyer’s interpretation of the allegation of apparent bias,” Sir Julian said.

    City strongly deny any wrongdoing regarding financial fair play. The Premier League supported the club’s argument regarding confidentiality but with the caveat that the league in the future “should be free to rely on and disclose the Merits Judgment in other arbitration proceedings against other member clubs”.

    However, the court ruled this was actually a counterproductive argument. “It is difficult to envisage a more eloquent demonstration as to why publication of the Merits Judgment is in the public interest,” Sir Julian said.

    Lord Justice Males noted the time that had elapsed since the Premier League launched its investigation. “This is an investigation which commenced in December 2018. It is surprising, and a matter of legitimate public concern, that so little progress has been made after two and a half years – during which, it may be noted, the club has twice been crowned as Premier League champions,” he said.

    City released a statement saying: “We respect the decision of the court of appeal regarding the arbitration matter. The decision relates to ongoing proceedings and we are obviously not in a position to provide comment until those proceedings are complete.”

    The Premier League declined to comment.

    Court ruling shows Premier League still investigating Manchester City over FFP | Manchester City | The Guardian

  11. #11
    Thailand Expat VocalNeal's Avatar
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    Quote Originally Posted by sabang View Post

    Strange though that horse racing doesn't get under the microscope much- it's pretty much owned by Abdabs.
    All the horses are Arabian?

  12. #12
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    Yes, actually. All racehorses anyway.


    Fortunately for their research, thoroughbred breeding records are, well, thorough, and all modern thoroughbreds can trace their paternal lineages back to one of three stallions: Byerly Turk, which lived in the 1680s; Darley Arabian, born in 1704; and Goldolphin Arabian, born in 1729.
    Thoroughbred Racehorses Get Speed from Just a Few Ancestors | Live Science

  13. #13
    Thailand Expat harrybarracuda's Avatar
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    Don't expect any let up, the money laundering continues....

    Man City Owners Secure $650 Million Loan To Grow Global Football Business
    Man City Owners Secure $650 Million Loan To Grow Global Football Business - Sports Illustrated Manchester City News, Analysis and More

  14. #14
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Don't expect any let up, the money laundering continues....
    And there won't be. Let's face it. Professional sports franchises are owned and operated by rich folks seeking to maximize their investments. Expansion of the sport's market is a sure way to achieve it.

  15. #15
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Norton View Post
    And there won't be. Let's face it. Professional sports franchises are owned and operated by rich folks seeking to maximize their investments. Expansion of the sport's market is a sure way to achieve it.
    But for Shaikh yerbooty it's about how much money he can squirrel out of the UAE coffers...

  16. #16
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    He does own it. OK, 'They'.

  17. #17
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by sabang View Post
    He does own it. OK, 'They'.
    For now.

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