Published on July 1st, 2015 | by Daniel Cheeseman0
City & PSG deemed ‘ineligible’ for UEFA’s new FFP rules
MCFC Supporters Club and PSG supporters have somewhat accomplished their goal in that clubs are now allowed to have a greater spending power, but the problem is that none of these changes will immediately benefit their clubs.
In a statement released by Jean-Louis Dupont (the Belgian lawyer who is representing us in court) yesterday, he starts by saying that he is pleased that the “crucial measure” has been taken to “allow a degree of over-spending”, and that it’s “Good to know that UEFA has finally updated its software”, but later on reveals that he is “puzzled” by the fact that not all clubs will immediately benefit from the adopted amendments.
For those who don’t know, City were punished with a hefty fine, squad restriction and caps on transfer spending and wages last season for not complying with the rules of Financial Fair Play, but the fact that UEFA are now doing a complete u-turn on these rules gives Mr. Dupont undoubted proof that the “EFA is therefore fully confessing that the previous version of the rule was excessive and therefore illegal under competition law.” and so is “absolutely discriminatory” towards his clients.
We’ll keep you updated with how this story progresses in the coming days and weeks, but in the meantime you can check out the full statement submitted by Jean-Louis Dupont by clicking here.
Also, be sure to check out our interview with the Belgian lawyer during a Supporters Club branch meeting: