Quote:
Originally Posted by right-track
English football’s super-rich owners, including Roman Abramovich and Sheikh Mansour (Man. City), face drastic curbs on their influence under Uefa proposals.
Uefa sets out its detailed plans to force clubs towards break-even, allowing them to spend only what they earn.
Owners would be allowed to inject cash to cover losses for a transitional period, but the amounts will be restricted and closely monitored.
Over the initial three-year period of regulation up to and including 2015, owners would be allowed to cover losses totalling "45 million (about £40 million). The “acceptable deviation” from break-even would then fall to £30 million over three years and then less, with the amount to be determined.
In other words, an owner such as Sheikh Mansour would eventually be permitted to put less than ¤10 million a year into Manchester City on average, unless the money is spent on infrastructure or the youth team, which have no limits on investment. That compares with City’s most recent loss of £89.69 million. The Times
While all this sounds well and good I can't help but get the feeling, that once again, Michel Platini is bending over backwards in his attempts to curb the success of English clubs in European competitions.
It'll be interesting to see how his beloved Real Madrid (of which he is an honorary director) are effected.
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I greatly admired Platini as a player but since becoming president of UEFA his anti-English sentiments have become an issue and I think last season his sentiments or possible somebody else in UEFA, of not wanting another all English final, along with the disgrace in the refereeing decisions between Barcelona and Chelsea in the semis nothing short of a disgrace. My opinion of him is very low, especially now that he rubs shoulders with Real Madrid the most corrupt team in Spanish football, but none of this should be a surprise really, as he spent his time in Italy with Juventus the most corrupt team there, where it was commonly known that the inferior opposition was often bribed to give Juventus nice easy matches.