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Old 12-21-2012, 09:43 AM   #321
Bagor
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Nothing for them to be worried about as long as they pay their bills. That suspension is harsh though and good to see Malaga aren't going to roll over.

Quote:
'Malaga Club de Futbol wishes to communicate its total disagreement with today's UEFA decision,' the statement read.
'The measures taken against the club are absolutely disproportionate and unjustified given the club's situation. We consider that the club is being punished unfairly and used as a 'Turk's head' example to others.'
'Given the total and absolute indignation and consternation on the part of the club, Malaga CF wishes to state that it will work energetically and without rest to achieve justice, using all available necessary means.
'Malaga CF wishes to add that it does not understand, and considers totally incomprehensible and abusive, that after having received this judgement it must now wait an unknown period of time to know the evidence upon which it was taken.'
The statement went on to refute claims that it was unable to pay its own players and keep up with debt repayments to other clubs.
http://www.dailymail.co.uk/sport/foo...pay-debts.html


The test of UEFA's gonads will be how Platini senior's UEFA deal with Platini junior's PSG. If they can do anything at all.

Quote:
How to beat Financial Fair Play

Paris Saint-Germain have secured a huge deal with the Qatar Tourism Authority that will bring the Ligue 1 leaders more than €150 million over each of the next four seasons.
The agreement with the QTA, a body linked to the Qatari state that is aimed at promoting tourism in the Arab state, was revealed to French football’s financial watchdog, the DNCG, on Tuesday, Le Parisien reports. It is not a sponsorship agreement per se but a “vast publicity campaign intended to promote the image of Qatar”, the paper adds.

Retroactive for 2012, it will boost PSG’s coffers by €150 million for the current campaign, increasing progressively to a minimum of €200 million in its final season, 2015-2016. To put that figure into context €200 million is the entire annual revenue for a club like Liverpool – the 9th biggest earners in world football last year.

Let’s be honest, though, Qatar does needs some promotion. Just 60,514 hardy souls went on holiday to the Arab state (that’s the same number travelling to the Emirate each year that attend the Emirates stadium every two weeks) in 2012. Of those a mere 10,456 came from Europe. It’s reasonable to assume that perhaps a thousand or so came from France. So, there’s definitely scope for improvement. With a few hundred million euros spent on promotion, you can imagine that figure rising to, ooh, let me see, I’d say at least 2,000 a year. In terms of money spent on attracting tourists, this could be the worst promotional idea since Hoover offered free flights on every vacuum cleaner sale.

When you consider that London, which attracts about 15 million tourists each year, operates on a budget of just £11.7 million, you realise how implausible the idea that Qatar is really spending that money to promote tourism to its country.
No, this has nothing to do with promoting Qatar tourism and everything to do with creative accountancy.
http://www.worldsoccer.com/247/world...-december-2012


Quote:
ONE of the experts behind Uefa’s financial fair play (FFP) rules has warned that the credibility of European football’s governing body rests on its response to Paris Saint-Germain’s new €700m (£570m) four-year deal with the Qatar Tourism Authority QTA.

PSG will receive €150m (£122m) this season rising to €200m (£163m) in 2015-16 from QTA, which, like the club’s owners the Qatar Investment Authority (QIA), is an arm of the Gulf state. The deal does not include shirt sponsorship or stadium naming rights, but will help promote Qatar, according to newspaper Le Parisien.
The deal promises to prevent big-spending PSG from breaking European rules outlawing losses of more than €45m (£37m) for 2011-13. But David Lampitt, who was part of an expert group that helped develop Uefa’s FFP framework, believes it will pose a stern challenge to the body’s determination to take a hard line.

“It looks like a pretty astounding deal that certainly stretches credibility. Whether it undermines FFP or not rests with Uefa and how they deal with it,” Lampitt, now chief executive of Supporters Direct, told City A.M. “From the point of view of other clubs, in France or England, it’s important that Uefa is seen to be acting with credibility in these issues.

“I don’t think it’s unexpected but when you look at the historic value of sponsorship deals for Paris Saint-Germain and the French league you’ll find this is hugely out of kilter.”

FFP rules are aimed at ensuring clubs spend only what they generate and Uefa insists it will not let clubs artificially boost income through deals with related companies.

PSG’s contract with QTA dwarfs even Abu Dhabi-backed Manchester City’s £400m, 10-year sponsorship agreement with state airline Etihad, which also prompted questions.
http://www.cityam.com/sport/psg-new-...efa-ffp-expert
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