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Old 02-07-2009, 18:02   #1 (permalink)
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UEFA's financial fair play plan

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Clubs competing in the Champions League will have to ensure players' salaries and transfer fees are proportionate to their income under new plans from UEFA .

European football's ruling body said Thursday it wanted the measures, which would also cover the new Europa League, to be finalized in September.

UEFA president Michel Platini is aiming to curb excessive spending by clubs in order to maintain their long-term sustainability.

Platini wants the details to be agreed in August at a meeting of the Professional Football Strategy Council, which also features representatives of four European leagues and the players' union.

The Frenchman hopes the regulations that come out of that meeting will then be rubber-stamped by UEFA's executive committee in September, leading to their phased introduction over two or three years.

"The only club which did not have debts this season was Barcelona, while all others lived beyond their means," Platini said. "Especially shocking to soccer were actions by Real Madrid. In the future we will see to it that clubs have enough funds to finance the players. UEFA will be more active in this process."

Big-spending has come into sharp focus in recent weeks with Madrid buying three of the game's most sought-after players: world player of the year Cristiano Ronaldo, Brazil playmaker Kaka and France striker Karim Benzema.

Platini has singled out Ronaldo's record 80 million-pound ($131 million) move from Manchester United to Madrid.

"I don't understand how you can spend 90 million euros on a player," Platini told French sports daily L'Equipe on Thursday. "It bothers me."

Kaka joined Madrid for €65 million and the 21-year-old Benzema, who had four years remaining on his contract with Lyon, agreed a six-year deal with the nine-time European champions.

"I think there's something abnormal in this," Platini told the paper. "I don't like all this, and I like even less the fact that today contracts are signed only so they can better be broken."
http://msn.foxsports.com/soccer/stor...to-club-income
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Old 02-07-2009, 18:16   #2 (permalink)
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Platini is a complete ass-hole. And a hypocrite as well. He was always complaining about ManU and Chelsea paying enormous amounts for players... then Real does it and he said he was happy about Real's turn around... we all know Platini is a Real fan but he should have held his tongue. NOW... he comes out as says this... this just makes you look like an idiot as well, not that this is the only time you have ever done that! Platini and Blatter need to go. We need new blood in Fifa/Uefa... someone who actually knows about football today, not 100 years ago.
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Old 20-07-2009, 14:38   #3 (permalink)
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Platini Questions Real Madrid Transfer Policy

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The UEFA supremo has spoken exclusively to Goal.com about Los Merengues’ lavish project this summerMichel Platini was back in his hometown of Joeuf as the city celebrated its 100-year anniversary with a friendly between his two beloved clubs, AS Nancy and Juventus.

Following the match, which ended in a 1-1 draw, the French legend spoke exclusively to Goal.com France correspondent Arnaud Demmerle as he reopened the subject of Real Madrid’s romp in the transfer market.

“I am concerned by the inflation [in transfers] and it upsets me,” he said.

“I do not understand such policies at certain clubs. I find it hard to accept the idea that some people are ready to spend without counting, when they don't have the money to do so.

“Obviously, I’m referring to Real Madrid. But it doesn’t bother me if a club spend €40 million on a player as long as they have the funds.”

Platini then went on to talk about other serious on-field matters, including refereeing controversies and the '6+5' plan.

“When it comes to video refereeing, the problem is not technical but simply human,” he explained.

“To get out of this rut, we need more referees… not more cameras. As for the 6+5 project, we are currently working with the EU. But the plan is on track.”

Finally, in sharp contrast to the current atmosphere in Madrid, the former Les Bleus captain gave a glimpse of his humble beginnings in football.

He said, “I spent 11 years with AS Joeuf [youth team] until I was 17, working with people such as my father, Aldo. It changed our lives, it gave us a goal, an ideal, and a way of living thanks to football.

“At that time, there wasn’t anything else except football. There was little to no television, and there certainly wasn’t any internet."
Exclusive: Michel Platini Questions Real Madrid Transfer Policy - Goal.com
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Old 20-09-2009, 21:38   #4 (permalink)
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Michel Platini: Clubs Will Only Be Able To Spend What They Earn By 2012

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The chief of European football is keen to curb spending, and he remains against video technology...

UEFA president Michel Platini has warned big-spending clubs like Real Madrid and Manchester City that lavish spending policies will be ousted by 2012.

"From 2012, clubs will spend what they earn," Platini told La Gazzetta Dello Sport.

"I want to help clubs, not kill them. I think €93 million is excessive for a player. Will there be opposition? Maybe from liberal presidents who want to continue their business."

The Frenchman has also ruled out using video technology on the pitch to help match officials with uncertain decisions.

"You might as well be playing on the PlayStation," exclaimed the former Juventus man.
Michel Platini: Clubs Will Only Be Able To Spend What They Earn By 2012 - Goal.com
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Old 28-05-2010, 12:26   #5 (permalink)
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UEFA's financial fair play plan

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(Reuters) - Factbox on the financial fair play system approved by UEFA's Executive Committee on Thursday.

BACKGROUND

* The financial fair play (FFP) plan is designed to stop reckless spending by clubs and to stop rich benefactors from injecting large amounts of cash, a practice which distorts the transfer market and pushes players' wages to astronomical levels and has a knock-on effect as other clubs try to keep up.

* Clubs will instead have to live within their means by ensuring that their expenditure is not more than the revenue they generate through their activities.

* A UEFA report said this year that around 50 percent of top European clubs were losing money and 20 percent were producing serious deficits.

* Inspired by UEFA president Michel Platini, the plan has been two years in the making.


THE NEW RULES

*When the new rules are fully enforced, clubs will only be allowed to enter European competition if their generated revenues -- money from sources such as television rights, gate receipts, competition prize money and sponsorship -- is equal to or greater than their expenditure

* Clubs are also barred from owing money to other clubs, players, tax authorities and social service departments.
Continue reading: FACTBOX - UEFA's financial fair play plan | Reuters
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Old 28-05-2010, 14:02   #6 (permalink)
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good finally... Now if they don't cheat Bayern will be the Biggest club in the world ever
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Old 28-05-2010, 15:35   #7 (permalink)
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Revenues > Expenditures

I mean, it is also a business (football) so that is what all clubs should aim at right? Let me get this correctly, what about the clubs in financial crisis or debt? (Barcelona, Manchester United, Liverpool) Shouldn't they get their archs together and their accounts balanced, so that they could in fact spend like UEFA is asking them.

I'm just saying that for example Barcelona has $160 million deficit in their budget, they shouldn't be allowed to purchase someone like Villa (40 millions) if they know that even with their TV rights: they won't be able to cover the transfer fee + their deficit.
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Old 29-05-2010, 01:46   #8 (permalink)
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If we are talkin about debts, Man Utd, Real Madrid and Inter are in deep debt.
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Old 29-05-2010, 02:35   #9 (permalink)
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Oh man, they're all screwed!
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Old 29-05-2010, 10:57   #10 (permalink)
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When should these plans happen anyway??
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Old 29-05-2010, 19:59   #11 (permalink)
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Bayern welcomes Financial Fairplay scheme

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Old 30-05-2010, 04:34   #12 (permalink)
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Originally Posted by kala View Post
When should these plans happen anyway??
After a step-by-step introduction up to 2012, clubs will have to eliminate annual operating losses by the 2012-13 season.

I think it's an excellent idea. As Platini said, it's not to punish some teams, but to protect them. One of the few good ideas that Platini has had.
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Old 03-06-2010, 12:20   #13 (permalink)
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He said:"The only club which did not have debts this season was Barcelona, while all others lived beyond their means,". That's not true , Rosell confirmed that Barcelona are more than 500 milion in debts while still the buy new players.
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Old 03-06-2010, 14:36   #14 (permalink)
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Originally Posted by Vullkan View Post
He said:"The only club which did not have debts this season was Barcelona, while all others lived beyond their means,". That's not true , Rosell confirmed that Barcelona are more than 500 milion in debts while still the buy new players.
He says so because he is an As*h*le
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