Menu
Finance

Free-Spending European Football Clubs Closely Watch Challenge to FFP

Big-spending clubs opposed to UEFA's Financial Fair Play regulations "were dealt an unexpected boost" Monday when "an official challenge to the rules was lodged at the European Commission," according to Ian Herbert of the London TELEGRAPH. The complaint, lodged by Belgium-registered agent Daniel Striani, "will force the Commission to mount a painstaking assessment of whether the UEFA President Michel Platini's FFP regime is an illegal restriction on his potential income." The Striani case "does have potential to derail a system central to Platini's vision for the game." Striani "is represented by the lawyer Jean Louis-Dupont." Legal specialists believe that "it may take five years for Striani's case to be dealt with." But European clubs, including Man City and Chelsea, "will be watching with great interest a legal case which will be based in part on the assertion that FFP is unfair" because it preserves the existing dominance of clubs like ManU and Arsenal "by preventing newcomers to run-up losses while they break in." Dupont first revealed last month that he believed FFP, which has demanded clubs entering European competitions move toward break-even since '11, "was anti-competitive and open to legal challenge" (INDEPENDENT, 5/7).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/05/08/Finance/UEFA-FFP.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/05/08/Finance/UEFA-FFP.aspx

CLOSE