"I am convinced financial fair play 2.0 will be implemented soon," the former German international stressed in a recent interview. Rummenigge is expecting both the FIFA and the UEFA to close gaps in the current financial fair play rules. "I am convinced both will interfere to cool down the ...
Join BizNews editor Alec Hogg as he unpacks the biggest stories of the day. January 13th, 2025 Investec Champions Cup: Big week ahead for Sharks, Stormers South African teams battle for Investec Champions Cup playoff spots. January 13th, 2025 ...
UEFA allows for only a 30 million euros deficit and insists “Financial Fair Play has led to a steep change in the health of the finances in European club football”. “Seven years ago, European clubs had a cumulative debt of EUR 1.7 billion. Last year it was a profit of EUR 600 milli...
Performance While UK equities were volatile at times, falling 10% from the initial high point in April 2023 and then rising and falling over 6% twice more during the Company's financial year, better economic news, in particular on inflation, led the UK stock market, as measured by the FTSE...
United said in a statement: "The club remains committed to, and in compliance with, both the Premier League's Profit and Sustainability Rules and UEFA's Financial Fair Play Regulations." The results to the year ending 30 June did show a record annual revenue of £661.8m - underscoring t...
(FFP) regulations and are monitoring the situation closely.Last night Chelsea manager Jose Mourinho, who faces City tomorrow in the game of the season so far, accused some unnamed clubs of 'dodgy FFP'.He said: 'There are clubs that are following exactly the project of Financial Fair Play ...
1Non-GAAP adjusted net income and EPS are defined as GAAP net income and EPS adjusted to exclude the effect of stock-based compensation expense, amortization of intangibles, business transformation costs, transaction-related expenses, severance costs, impairment of goodwill, changes in fair value of...
Manchester City and Paris Saint Germain have both agreed to pay 60 million euros and reduce their squads for the Champions League next season as part of their punishment for violating Financial Fair Play rules, ina settlementannounced by UEFA on Friday. ...
Media Man and Gambling911 with a bush tucker bag full of Australian gambling, casino, poker, media and sports news. Fair winds... Queensland Banana Bender State: Pub Pokies And Online Pokies Becoming More Popular?... One armed bandits are maintaining their popularity in 'The Sunshine State'....
UEFA’s Financial Fair Play rules have proven to be one of sport’s most controversial and high profile regulatory initiatives. There has, consequently, been a considerable number of Financial Fair Play cases appealed before the Court of Arbitration for Sport. In turn, this has meant that Court...