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What To Do With FFP Fine

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Duncan Disordely

Player Valuation: £35m
Definitely NOT this.. http://www.liverpoolecho.co.uk/sport/football/football-news/manchester-citys-ffp-fine-shared-7746216

Manchester City's FFP fine to be shared out among Champions League rivals

Liverpool, Chelsea and Arsenal could benefit from the £50m fine City paid for breaching UEFA's rules

Manchester City's huge fine for breaching UEFA's financial fair play rules is to be shared out around the other clubs in the Champions League.

City were fined £50million for the FFP breaches but will only have to pay around £20million if they comply with the break-even rules in future seasons.

The first tranche of payments from City, Paris St Germain and Zenit St Petersburg will total £20million and will be split among the Champions League and Europa League clubs who did comply with the rules last season.

A similar sum will be distributed to clubs who comply with the FFP rules in this season's European competitions.

European Clubs' Association chairman Karl-Heinz Rummenigge said UEFA had agreed the fines should go to the other clubs.

He told a news conference in Geneva: "It was an agreement between UEFA and the clubs that it was money belonging to the clubs."

The clubs will have a chance to argue any changes to FFP rules at a meeting with UEFA on October 13.

UEFA president Michel Platini said in his speech to the ECA: "The framework for financial fair play must be dynamic, it must evolve constantly, which is why I have convened an important round table on the subject with your representatives at UEFA headquarters on 13 October.

"We will see whether any imperfections can be ironed out and whether there is room to further improve the system."
So the Champions league clubs look after themselves and the rich get richer.

Surely they could use that money for much better means than that. Investment in grass roots football across Europe for a start.
 

Seems to me like they're helping themselves avoid FFP sanctions by taking the money themselves, and that then give them a (further) competitive advantage (££££) in their domestic leagues. For not spending money they didn't have.
 


National stadium in Birmingham?
Former players trust?
Centre of excellence in the north of England?
Digging clubs out of the financial mess that ITV digital left them with?
 

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