The declaration of Michel Platini, President of UEFA, saying it is “not at all sure that the PSG respects the financial fair play” no shortage of reviving questions about specific ascension of the Parisian club in the hierarchy-of-financial European football now 5 th of Deloitte in 2013 when he was only 10 th in 2012, and not rated (beyond the 20 th site) in 2011. More fundamentally, it examines the perverse effects of this device has priori virtuous clubs in ascent phase in the European hierarchy are they not unfairly penalized under the baronies longstanding
The “silly rules” financial fair play / h4>
There are almost 2 years, Richard Olivier, President of DNCG denounced the rules of financial fair play by calling it “silly” on the pretext that they are extremely unfavorable to clubs “that arrive. ” A reason, he recalled that Chelsea spent a few years, € 1.5 billion which enabled him to move into the top 10 of European football. With the rules on financial fair play, it would be impossible today to find a club like ascension (Chelsea was 2 th English division and again in 1988-1989 ranged between 11 th and 14 th in the Premier League between 1990-1991 and 1995-1996). The route from Manchester City is quite similar. More than 700 million euros spent by Sheikh Mansour helped the “second” club Manchester to get out of the anonymity it stagnated (in 1988-1989, the club was in 3 rd Division and swayed in the soft underbelly of the Premier League until 2008-2009).
Freeze in marble powerful list
In the same vein, the Spanish authorities sponge debts of the great Spanish clubs in the 1990s (and especially Real Madrid) and persevered in unfair competition until very recently (in 2011, Real Madrid has agreed a land exchange with the city of Madrid in preposterous conditions: field exchanged was estimated at 22 million euros in exchange for the benefit of the club, while he was valued at € 595 000 in 1998) . The current position of Real Madrid is the result of abnormal and unfair circumstances, but the financial fair play crystallizes acquired positions and prevents staff turnover: European football is being frozen in marble caste of his “big” .
In the spirit
, PSG transgressing
financial fair play desired by Michel Platini is yet a virtuous device: revenue clubs must not exceed their spending over 5 million for 2 consecutive seasons, tolerance increased to 45 million per year if shareholders are able to cover excess expenditure (reduced tolerance to € 30 million from the season 2015-2016). And clubs can theoretically no longer engage in the recruitment of players revenues (window, TV rights, merchandising, advertising contracts) would not cover. In the case of Paris SG, even if the letter of the law would be respected (or considered), it is obvious that his mind would be violated: the “only” € 9 million deficit are achieved through the “miraculous” contract of € 200 million with the Qatar Tourism Authority.
Defects yesterday paying more than virtue
In summary, what has been done Roman Abramovich Chelsea and Sheikh Mansour Manchester City could be banned Nasser Al-Khelaifi in Paris and Dmitri Rybolovlev in Monaco. As, moreover, the provisions of financial fair play apply only to expenditure and current and non-debt receipts, the great Spanish and Italian clubs have little to worry about in spite of their past behavior of cicadas irresponsible . If the implementation of the financial fair play seems inherently a good thing, it does not fail to arouse a form of bitterness in French clubs: their virtue (relative) the last fifteen years, largely due to the action of DNCG, is now proving to be a handicap in the struggle for a world market share. English clubs, Spanish and Italian, inveterate thieves, have left their crumbs …
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Vices and virtues of financial fair play
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