NEWS
Thursday June 18 2020
UEFA ease FFP regulations

As expected, UEFA have relaxed Financial Fair Play regulations in the wake of the COVID-19 pandemic, postponing the break-even assessment until next year.

It was evident that the crisis and three-month lockdown, not to mention resuming the season behind closed doors, had a huge effect on the finances of even Europe’s top football clubs.

With the very real risk of sides going bankrupt or unable to prove their financial stability, UEFA took some off the pressure off by easing the FFP rules.

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Friday May 8 2020
Scaroni: 'Milan move with Gazidis'

Paolo Scaroni has explained how Milan are moving forward with Ivan Gazidis, assured that ‘mistakes are behind us’ and claimed ‘FFP will change’.

Some fans are unhappy with Gazidis, blaming him for Zvonimir Boban’s exit after it emerged he had held talks with German coach Ralf Rangnick.

However, Scaroni made it clear the former Arsenal man - in his role as CEO - had a big role to play for Milan.

“Ivan Gazidis, a professional from the world of football, was welcome here,” he told Olympialex.

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Friday March 20 2020
UEFA revisit FFP regulations?

The future of European football is at stake and UEFA will have some important decisions to make regarding the Financial Fair Play regulations.

UEFA introduced FFP to prevent clubs from spending beyond their means and to avoid having a host of elite clubs carrying unsustainable levels of debt. As the world is currently dealing with a non-football related emergency, the total losses limit of €30m might have to change when football resumes.

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NEWS
Wednesday February 19 2020
Guardiola: 'I won't leave Man City'

Pep Guardiola has shot down reports he is preparing a summer move to Juventus after Manchester City’s European ban. “This is my club and I will be here, no matter what.”

When news emerged that Manchester City had been given a two-season ban from European competition as a result of Financial Fair Play violations, it was reported that Juve were ready to swoop for the tactician.

Guardiola spoke to BBC Sport after their 2-0 Premier League victory over West Ham United this evening.

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NEWS
Friday February 14 2020
Man City banned from Champions League

UEFA announced they have banned Manchester City from Europe for the next two seasons and fined them €30m for Financial Fair Play violations.

This is the latest step in UEFA’s attempts to clamp down on flagrant violations of the FFP rules and will act as a warning to other clubs.

Whereas Milan were excluded from European competition in the 2019/20 season, that was an agreement reached between the club and UEFA to resolve years of mismanagement and start again with a clean slate.

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Wednesday January 15 2020
Report: Juventus in FFP danger

According to RMC Sport, Juventus are at risk of breaching Financial Fair Play parameters, as their payroll to total revenue ratio is at 71 per cent.

The calculations were made based on a leaked copy of the KPMG financial report on the eight major European league champions, showing Juve are the only ones running at a loss.

The report also suggests “the net results for the 2019-20 season will also be revised negatively.”

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Saturday October 26 2019
Maldini: 'Milan wrong to talk targets'

Paolo Maldini accepts Milan “made a mistake by talking about objectives. We were banned from Europe" because they inherited a club €126m in the red.

The technical director has been giving interviews with Sky Sport Italia, released throughout the weekend, shining a light on the situation at San Siro.

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Thursday October 17 2019
Expert: 'Milan could be preparing sale'

Financial expert Luca Pagni suggests Milan’s record €145.9m losses are part of Elliott Management strategy to ‘clear’ the decks for a sale.

Eyebrows were raised when the club announced the balance sheet for the 2018-19 season had them running at an unprecedented loss.

However, the directors are not concerned and so MilanNews.it asked La Repubblica newspapers economic correspondent Pagni to explain the situation.

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Friday September 20 2019
Zhang wants 'more flexible' FFP

Steven Zhang says he would like Financial Fair Play to be “more flexible” and that a new stadium is key to Inter’s growth.

Inter were finally freed of FFP restrictions in May - three years after Suning Group’s takeover - and Zhang believes the current system is making life difficult for new owners.

“Since I arrived here the problem has been to understand how Financial Fair Play works,” he said at the seminar ‘Financial Fair Play – does it matter?’, SempreInter.com reports.

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Thursday September 19 2019
Agnelli: 'More FFP transparency'

Juventus President Andrea Agnelli said “something has to change” in UEFA investigation of Financial Fair Play. “We want more transparency” and faster results.

The Bianconeri patron and Inter President Steven Zhang were speaking at a panel at the prestigious Bocconi university in Milan, titled ‘Financial Fair Play: does it matter?’

“When you think about the health of a club, you consider its economic prospects,” said Agnelli.

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