03 Sep 2015 14:56:25
Ed002,
If you would rather not get into this I understand.
The way it has been explained to me, rightly or wrongly is UEFA have the final say on a clubs budget. A club put forward a somewhat business model to UEFA not to dis-similar to that drawn up to a bank for a business loan. The clubs plans will include the commercial revenue going forward from sponsorships etc, recent successes' i.e UCL qualification assurances based on the last so many years, recent trophies won and a staggered value on players for future selling on purposes. The transfer budgets are then reviewed against that and UEFA give the nod if it is acceptable. Most large transfers are spread over 4-5 year payment terms so the plans are based on that.
Listen, if that is wrong mate then fair enough but a bit of clarity would be very much appreciated.
Thanks
{Ed002's Note - Absolutely not correct at all. Sorry. I suspect someone has misunderstood the "new money" investment rules to do with the relaxation of FFP for clubs who previously didn't have money, and have concocted this strange story. It doesn't apply to the likes of Liverpool in any case.
UEFA have no control over or interest in any of the budgets the club has. The clubs have guidance regarding FFP, and that is what they must meet.}
03 Sep 2015 16:49:28
I suspected it was nonsense but am grateful for you clarifying this. Thank you Ed002.