Loss? What loss?

comment by What would Stuart Pearce do? (U3126) posted 32 minutes ago
Arouna

What has Platini got to do with Uefa's Financial Control body?

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Hey, if he has nothing to do with it then I would expect PSG to be out......

Have a feeling that PSG have shot themselves in the foot as the deal appears to be artificially inflated.

The Qatar tourist authority's accounts (benefactor) evidence that they could not financially afford to sponsor PSG to the amounts they have been.

If the deal was restructured (to a lesser amount) PSG would fail the break even rule anyway.

Have a feeling that PSG have shot themselves in the foot as the deal appears to be artificially inflated.

The Qatar tourist authority's accounts (benefactor) evidence that they could not financially afford to sponsor PSG to the amounts they have been.

If the deal was restructured (to a lesser amount) PSG would fail the break even rule anyway.

The point is, people can pay what they like to sponsor somebody.
To suddenly start deciding how much people are allowed to sponsor, or who is allowed to sponsor, is not workable.
How far do they investigate sponsorship? what if its not a related party but its a , you sponsor my club for x amount and I will do x amount of business with you away from football? How can they control that?
Its just a farce. FFP was a braindead idea that UEFA seem intent on stumbling along with.
Watch what happens if they TRY and kick out a big name....they wont

What has Platini got to do with Uefa's Financial Control body?



Michel Platini warns European clubs he will take them to court to force through Financial Fair Play
Michel Platini, Uefa’s president, has issued a powerful message to those European clubs who do not balance their books that he will see them first around the negotiating table and then, if no agreement is reached, he will see them in court.

So he proposes to sit round a table and if no agreement is reached, he will see them in court?
why the need for an agreement if the parameters are clear?
sounds to me like its a "make your donation" and off you pop!
No chance on this planet that platini will oversee PSG getting thrown out of europe...no chance at all

lucas leiva

I think you have misunderstood the transaction (PSG) somewhat.

The Qatar Tourist Authority did not (and could not) generate enough revenue to sponsor PSG to a fraction of the deal that was brokered.

Uefa are investigating where the money came from as it certainly wasn't from the Qatar Tourist Authority as per the PSG accounts.

Platini has no remit within Uefa's Financial Control body.

The Qatar Tourist Authority did not (and could not) generate enough revenue to sponsor PSG to a fraction of the deal that was brokered.


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Can the government not help the tourist board in this case? Plus they wouldn't be the first organisation to invest money they dont generate to be able to increase revenue.

Arouna

If that had been the case PSG would have had to declare it at the time (government supplement) which they did not.

PSG also alleged that the Qatar Tourist Authority were not affiliated with their owners (thus trying to circumvent the Related Party Transaction FFP requirements) which has also been proven to be false.

Also forgot to mention that the deal was agreed in the 2012 season but in PSG's returns it was backdated a year prior to it being signed.

comment by What would Stuart Pearce do? (U3126) posted 1 hour, 47 minutes ago
Arouna

If that had been the case PSG would have had to declare it at the time (government supplement) which they did not.

PSG also alleged that the Qatar Tourist Authority were not affiliated with their owners (thus trying to circumvent the Related Party Transaction FFP requirements) which has also been proven to be false


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I am not saying that it is the case, but have you never seen a company invest money it doesnt have to try and generate extra income? All UEFA are doing is protecting the large/established clubs and with Platini not liking the power/wealth of the PL.

Arouna

Can’t understand why some keep flogging this ‘Platini’ and anti PL nonsense which undoubtedly has been fuelled by some ill-informed journalists.

FFP sanctions are not issued by Uefa. Uefa outsourced all investgations/punishments to an independent body (led by former heads of the European court - the top court in Europe). This is to protect Uefa from potential legal action and also evidence their impartiality.

If FFP was in anyway biased or prejudiced (by Uefa)why have Uefa allowed the investigation/punishments to be determined independently?

The PSG Qatari (sp) deal is not that complicated. I am no accountant but can see the attempted PSG cover up. Forbes did a piece on it a while back if you want to source it.