Menu
International Football

UEFA's Financial Fair Play Rule Referred To European Court Of Justice

Lawyers who brought the case said that a legal complaint against UEFA's break-even rule Financial Fair Play "has been referred to the European Court of Justice (EJ)," according to Brian Homewood of REUTERS. Jean-Louis Dupont and Martin Hissel said in a statement the EJ will be asked if FFP "violates the following EU fundamental freedoms: free competition, free movement of capital and freedom to invest, free movement of workers and free movement of services." The statement added that the Court of First Instance "also granted an interim measure to prohibit European football's ruling body UEFA implementing a second phase of FFP." This would have reduced the permitted deficit for clubs from €45M ($50.22M) to €30M ($33M) (REUTERS, 6/23). The PA's Martyn Ziegler wrote the claimants include Man City supporters and Paris St. Germain fans "as well as Belgian agent Daniel Striani." Man City and PSG "were both sanctioned by UEFA last season for breaching the FFP rules, which state clubs in European competition must only spend what they earn, with some limited flexibility." UEFA "is preparing to make its own changes to the rules at an executive committee meeting in Prague next week and those amendments may fall in line with the court's interim ruling" (PA, 6/23).

SBJ Morning Buzzcast: May 17, 2024

Brazil's big win; Leonsis looks for scale; breaking down the big categories for Sports Business Awards and remembering Eddie Gossage

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

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/2015/06/24/International-Football/UEFA-FFP.aspx

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

https://www.sportsbusinessjournal.com/Global/Issues/2015/06/24/International-Football/UEFA-FFP.aspx

CLOSE