How The New Financial Fair Play Affects YOUR Club! | Explained
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- čas přidán 14. 05. 2022
- In our latest Euro Football Daily Explained, we are looking at the changes UEFA has made to Financial Fair Play. The new updated rules, called Financial Sustainability and Club Licensing Regulations (FSR), are scheduled to take hold in June 2022.
UEFA claims FSR will help clubs combat the modern pressures that football faces today, after the pandemic shattered revenue streams across the continent. They have also given more independence to clubs looking to loosen the purse strings.
But what was wrong with FFP? Did it do enough to challenge clubs like PSG and Manchester City? And will FSR be widely accepted by the football community? Watch on to find out!
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FFP has always been a failure since PSG and City found loopholes to beat it. It benefits the big clubs and screws over the small clubs.
And ubs like man utd found loopholes though Pilling massive debts on the club.
@@mancuniangamecat8288 that was before FFP
@@thepolticalone961 utd are currently in 500 million pounds of debt, they made profits by not paying off debt, loophole.
@@mancuniangamecat8288 haha 😂
The debt Man Utd is on is due the glazers who leveraged the club to buy it first place & utd consistently make the most revenue out of any English club & always in top 3 for revenue generated among Europe
I'm not sure about PSG but I know that man city sponsored their own team (Etihad is state owned) which gave them liberty to basically pump as much money as they wanted into the club
Still the same as rich will get richer and poor will stay poor.
Wait are we still talking about football?
FFP was made to promote the English Premier League - PERIOD.
Will QPR still have the biggest fine in sporting history? Yes. Farce
Their fine didn’t even dent the promotion and parachute payments they received for getting into the prem (by cheating). That’s the farce
@@jackbrownio3 just isn’t true at all we’ve been financially crippled ever since
@@agolotl they got 100mil for getting into the prem by cheating. I think they can cry in their Ferraris
FFP was easy to get around. Firstly, even if you didn't want to buy players yet, a billionaire owner could pay millions to improve the academy and scouting and training facilities, I think that includes the coaches themselves, so you could just hire the best instantly. You could then start buying young players to be in you academy, maybe for as little as nothing in many cases. Then you wait 10 years and you'll start getting first team players from the academy, and you supplement with a few smart signings because you have a good scouting department.
FFP is to make sure clubs stay sustainable. Your method of investing is a very sensible way to invest and build a club.
@@JustinFC_FIFA agreed, but technically not sustainable for a few years. Assume you spend a few 100 million on the academy and facilities, if FFP accounted for academy and facilities, you'd be maybe 2-300 million in red, but you're only allowed to be like 30 million.
So that's why FFP is pretty easy to work around if you have the money and instead of throwing money at players, build facilities and buy youth players.
@@jonahthrane812 does your analysis assume that football academy is entire owned by the club while its expenses are not controlled by the club? Cause that does not make financial sense to me.
FFP has always been about trying to protect the status quo of the already elite. Teams like Derby, Bury, Macclesfield still go bust due to the failure to stop smaller clubs overspending, whilst clubs that gain new money aren’t allowed to spend their cash and catch up to the big boys
They are allowed to do so..Man City and PSG spent their way to the top, broke the FFP, but bribed UEFA and got away with it anyway
Yeah, by punishing AC Milan and allow PiSsG and Shitty to continue to break FFP as long as they gladly pay the fines to UEFA.
That’s only part of the problem… buying players for £100-£300m means the average priced player becomes overinflated and destroying sustainability
FFP was made to promote the English Premier League - PERIOD. Ajax or Juve have no chance to win the UCL this way.
I’m not interested in long contacts, whether a clubs got a new owner, profits or any other excuse. They should make it simple. You are not allowed to spend more that 300 million in a season period. Then they would be no loopholes.
FFP was made to promote the English Premier League - PERIOD.
How convenient for Man City. It waits before Newcastle can spend big money. In order for someone to challenge City and make the Premier League more exciting we need another club who has a rich owner that can spend a tonne more.
YAWN
The Chairman at Leeds United was to blame in that case but he is now a leading figure in the Championship governing body. Why isn’t he banned from being involved in football ever again?
This will kill off the lower leagues. The fact UEFA also now has a conferance league shows that UEFA are transitioning to a UEFA pan European super league pyramid with all national leagues being crippled.
FFP was made to promote the English Premier League - PERIOD. Ajax or Juve have no chance to win the UCL this way.
@@halfvolley11 i like it more youth and less out of control spending for big wages on big players
A salary cap like in the NFL is a must
Not a hard cap but a cap of some sort they can’t allow these oil clubs to throw their money around
FFP was made to promote the English Premier League - PERIOD. Ajax or Juve have no chance to win the UCL this way.
So PSG helped draft these rules…nothing will change
Only counts in England look at state of Barca and CO
Very good
The new ffp cost control start from 1 january 2023?its sure?
Man utd, Barcelona Real Madrid and other clubs with massive debts made a mockery of FFP. Just look at Barcelona now its come back to bite them on the arse.
It is not about the debt but about a club's ability to service that debt. The Manchester United debt is due to the Glazers buying the club with almost entirely borrowed money and then placing that debt on the club when it should have been a personal debt. United makes money, but the owners found a way to essentially buy the club for nothing.
Real Madrid & UTD are not in financial stress or in "actual" debt (state of insolvency and bankruptcy). Real Madrid spending was on the stadium, similar to Liverpool, Spurs, etc. Barca have are currently insolvent (their short term obligations are more than their current assets). They needed a €500M bail out to stay afloat which increases their liability even further. This means that Barca are at a stage where they cannot meet La Liga financial rules and they definitely won't meet UEFA new rules.
Accountants stay up all night trying to think of ways around financial regulations, and be it FFP or, FSR, or LBW, these new rules will be the same!! EUFA is primarily concerned about overly-leveraged clubs, because such clubs, were they to go bankrupt, could leave EUFA and players owed money, and that's all EUFA care about in terms of protecting. When it comes to state owned i.e sportswashing clubs, EUFA won't care what they spend because they know the clubs can't go bust, and if there are any debtors those debtors can claim against the state owner. So these rules will always benefit the clubs with the richest owners.
affect*
This guarantees already big clubs will continue to dominate. Bundesliga.
So how come Manchester United are allowed to be half a billion in debt?
*Affect
Yes man city and psg will definitely care
We don't 🤣🤣🤣
FFP was made to promote the English Premier League - PERIOD. Ajax or Juve have no chance to win the UCL this way.
FFP is the biggest joke in football. I think all clubs should just ignore it because clubs like Man City and psg just ignore it
While clubs like City and PSG makes uefa rules looks like joke.
Always city, its the club's with massive debts that are the problem.
And will continue to make a joke of financial regulations. BS sponsorship income will not be curtailed, so City, PSG and Newcastle will have unlimited supplies of money to do as they please because the people running the UAE, Qatar and Saudi Arabia will increasingly run club football in all the jurisdictions in which they operate. UEFA already bailed out the moment they were challenged on sponsorships that weren't market conform, according to UEFA by a factor of 40. Club football will become increasingly the play thing of Middle East governments with an unlimited supply to oil money. City will prove that again in the next transfer window and we'll see Newcastle replicate that over the next 3 to 5 years as they build up to becoming a super power.
@@gustaaf1892ffp will not affect city PSG anymore because they make absolute fourturnes now as 2 of the biggest clubs as the world Alos FFP is a anti-competive measure
@@jayjaymackay1095 City makes a fortune out of bogus sponsorships organised and paid for by its owners. That is the only reason they are making money, so stop kidding yourself.
@@gustaaf1892 is that illegal?
FFP is utterly for the rich clubs. New rules will be too. Money has ruined the game
One question: What about oil club, specially city
One question: Did you know that oil money stopped in 2015?
@@ununseptium7961 No its hasn't. It is disguised as BS sponsorship money that can be increased any time City is in need for some more money to buy whoever they want.
@@ununseptium7961 one question: your club spent 1.5b in 5 years to have 0 UCL trophies, how dumb does that make you feel?
@@Freestyle80 I have a Phd in chemistry. I don't feel dumb at all. We just won our 10th trophy since the oil money stopped coming in. Cry harder!
@@ununseptium796170 % transfer cap wages and agent frees 😂 bye halland none will afford them anymore
2:25 The Rangers Fc played in the Final of the Europa League this Season despite the fact they have posted £52.8m in losses over the past 3 Years (£79.2m over the past 5 years) whilst injecting a further £74.87m in Internal Investment over the same period. That’s a grand total of £154m (€180m)in losses in 5 years and £126m (€148m) in Combined Losses in the last 3 years.
Further to that Rangers have lost approximately £180m (€211m) in the last Decade without posting a single penny in profit.
Unsurprisingly however both UEFA and the Scottish FA haven’t batted an eyelid.
The Scottish SFA you see don’t adhere to FFP in Europe.
Only one Club continues to benefit from this.
Can you guess who?
Found the dirty fenian. Did you get these numbers from the daily rhebel or did you just pull them out of your ass?
FFP was made to promote the English Premier League - PERIOD. Ajax or Juve have no chance to win the UCL this way.
Words. Just words
In how much depth is man United in?
0, not our debt it's the glazers
@@jhaych Ohk so do they take money out of us to pay their depth?
@@jhaych you sure do not know what you are talking about, the glazers bought United using debt
@@jhaych wrong its the clubs debt, the glazers landed the debt on the club, personally the glazers dont owe a penny of the money used to buy united even though they borrowed it all
@@Exalted_Wolfe I understand how it works and what it is, however, it's their debt they landed onto, the club, not debt ran up by the club, hence why we hate them
3:00 yes but no.
It kinda solved a problem nobody cared about (if I'm a PSG fan I don't care if my president has to run out of money to buy me Neymar, it's his money not mine) but created a way bigger prolem in killing some clubs
Serie A was won 9 years in a row by Juve because the old lady was lucky enough to be on a good moment of its reconstruction whislt Inter and Milan were in a bad one and were killed by it (Juventus started from scratch 3 years prior, the Milan clubs had to deal with the old stars leaving)
financial fair play its just bullsh it they make nothin
First
Ethics would crush the owners, emirates and oligarcs are villains in other parts of the system, but not in Sports. STRANGE