JSP Proud to Support the Football Business Awards 2014

JSP was extremely proud to be involved in the Football Business Awards 2014, especially as we were able to help the FBA team launch a brand new category for this year.

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Sir Bobby Charlton took the top prize of Global Football Ambassador at the Football Business Awards on Thursday evening (6th November). Sir-Bobby-Charlton-Bruce-Buck The winners of the 2014 Football Business Awards were announced at Stamford Bridge in front of an audience of sports stars and key business people. The most influential and game-changing brands, sponsors, clubs and off-pitch talent claimed their title as the best in the football industry. Sir Bobby received the award both for his outstanding contribution to the game but also for his extensive humanitarian work, primarily through his charity, Find A Better Way. Simon Burton, Director of the Football Business Awards, said: “Sir Bobby Charlton embodies everything that is good about football’s power to impact positively on people’s lives. He was a gentleman on the pitch and continues to be so off it, using the voice he earned through football to inform and inspire people for an amazing cause.” Find A Better Way was inspired after Sir Bobby visited a minefield in Cambodia, witnessing first-hand the damage caused by landmines in current and former areas of conflict. Consequently the charity is now a major funding body for research at several leading UK universities, including research into engineering biological replacement limbs. Find A Better Way also raises funds for education and victims recovery projects. categories spanning, technology, hospitality and fan engagement were recognised on the night. The winners were: • Notts County Football Club — Best Club Marketing Campaign • Perform, at St. George’s Park — Best Business Serving Football (up to £2m turnover) • ADI UK — Best Business Serving Football (over £2m turnover) • Chelsea Football Club — Best Football Club Hospitality • Firstkind Ltd with West Ham United — Best / Most Innovative Use of Technology (club specific) • FIFA- Best / Most Innovative Use of Technology (non-club specific) • Sporting Memories Network — Best Football Community Scheme • Tottenham Hotspur Football Club — Best Corporate Social Responsibility Scheme • Manchester City Football Club — Best Match Day Experience • Everton Football Club — Best Football App • Royal Berkshire Conference Centre, Madejski Stadium, Reading — Best Non-match Day Use of Venue • Brabners LLP — Best Professional Service Business Serving Football • Queens Park Rangers Football Club — Best Fan Engagement by Club • Football Foundation / Barclays Spaces for Sport — Sponsorship / Partnership of the Year • Ivan Gazidis, Arsenal Football Club — fcBusiness CEO of the Year — The Premier League • Sam Rush, Derby County Football Club — fcBusiness CEO of the Year — The Championship • Robbie Cowling, Colchester United Football Club — fcBusiness CEO of the Year — League One • Russ Green, Hartlepool United Football Club — fcBusiness CEO of the Year — League Two • Steve Brown, St. Johnstone Football Club — fcBusiness CEO of the Year — The Scottish Premiership • Sir Bobby Charlton — Global Football Ambassador • Peter Kenyon — Outstanding Contribution Award  

Sport Price Study reveals that a Barcelona and Bayern Munich season ticket is cheaper than any of England’s 92 professional clubs!

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The fourth annual BBC Sport Price of Football study showed that Arsenal followers are paying more than three times more than their counterparts at Premier League champions Manchester City who remain the cheapest club to watch for a season in the English top flight and almost10 times more than Barcelona and Bayern Munich

The survey found that Arsenal were the most expensive club in Europe to watch via a season ticket, the price of which ranges from £1,014 to £2,013. Their cheapest season ticket costs more than the most expensive equivalent at every other Premier League club apart from Chelsea (£1,250) and Tottenham Hotspur (£1,895).

Barcelona fans can get a season ticket for as little as £103.38, with Bayern not far behind at £109.65. That is cheaper than any of England’s 92 professional clubs, where prices start at £150 – at Charlton Athletic. City’s cheapest season-ticket is £299.

Published three months after supporters demonstrated against the spiralling cost of attending matches in England for the second successive summer, the survey found it to have risen by almost twice the rate of inflation since it began in 2011, with fans of Premier League clubs now paying almost four times the amount for a season ticket compared to supporters in Germany.

The study found that the average price of the cheapest match-day ticket across all four divisions was £21.49, up 13 per cent since 2011, compared to a 6.8 per cent increase in the cost of living. Compared to 12 months ago, the cheapest match-day tickets were up 4.4 per cent, from £20.58 to £21.49, more than treble the current rate of inflation, which is 1.2 per cent. The average Premier League season ticket now costs £508, compared to £138 in the Bundesliga.

The cheapest match-day ticket in the Premier League has risen by 15.8 per cent, 31.7 per cent in League One and 19 per cent in League Two. Only in the Championship has it dropped – by 3.2 per cent. Arsenal have dropped their most expensive match-day ticket from £126 last year to £97.

Chelsea have the highest-priced cheapest match-day ticket of all the Premier League clubs – prices at Stamford Bridge begin at £50.

Derby County and Sheffield Wednesday both boast £10 match-day tickets – the cheapest in English football and only matched by Southport in the Conference.

The survey exposed the region patterns in price variations, with London the most expensive city to watch Premier League football.

However, Charlton emerged as having the cheapest season ticket in the top four divisions in England, with only Conference side Eastleigh (£105) cheaper.

The average price of the cheapest match-day ticket in Scotland’s top flight, meanwhile, was shown to have increased by almost eight per cent since 2011 – from £18.92 to £20.42.

Peterhead charge £90 for their cheapest season ticket – cheaper than anywhere else in the top four divisions of Scottish football and cheaper than the top five divisions in England. The Scottish League One side also charge the least for a match-day ticket, at £6. The most expensive season ticket is sold by Celtic, at £600.

The study also reveals the cost of merchandise and food and drink in English football. In the Premier League, the two Manchester clubs – United and City – charge the most for an adult replica shirt, £55, with Hull City boasting the cheapest jersey at £39.99. Conference club Barnet charge £49.90 for an adult shirt – more expensive than the price charged by 11 Premier League clubs.

In Scotland, Celtic’s adult shirt is most expensive at £53. The cheapest is £30 at Brechin and Alloa.

The Conference is also the home of British football’s most expensive pie, Kidderminster Harriers’ award-winning £4.50 offering. Championship club Brighton & Hove Albion are the next most expensive at £4.10.

In the Premier League, City, Southampton and Crystal Palace have the most expensive pie at £4. In Scotland, at £1.20, the cheapest pies are at Forfar and Queen’s Park. Scottish Championship side Livingston sell the most expensive pie, charging £2.50.

Manchester United, Liverpool and Southampton have the most expensive cups of tea at £2.50. The cheapest can be bought at Conference club Braintree for 80p.

Burnley and Manchester City have the cheapest tea in the Premier League at £1.80. In Scotland, League Two side Elgin City charge just 60p for a cup of tea, the cheapest of the clubs contacted in the top four divisions of Scottish football.

The most expensive cup of tea in the top four divisions of Scottish football can be bought at Celtic, Dundee, Dundee United, Hibernian and Inverness at £2.20.

JSP helps raise awareness for the British Association for Sustainable Sport.

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Cardiff’s Millennium Stadium is the venue when BASIS hosts its Annual Sustainable Sport Conference on Tuesday 21st October 20014.

The meeting will bring together people from professional and community sport including governing bodies, clubs and venues along with policy makers, academics and others. The common thread is the desire to implement sustainable development principles into the way venues run their organisations to reduce environmental impacts, enhance the local surrounding communities and reduce the costs of operations.

Guest speakers include:

Omar Mitchell (National Hockey League) will speak about their ground breaking sustainability assessment of the NHL.

Libi Jardine (Resource Efficient Scotland) will speak about sustainability at the Glasgow 2014 Commonwealth Games.

Andrea Collins (Lecturer at Cardiff University) will present assessments of the environmental impacts of major sport events in the UK, including the FA Cup Final, RBS 6 Nations, and UK stages of the 2007 Tour de France.

The event will be concluded by a number of breakout sessions lead by sports industry leaders from Sport England, the Institute of Groundsmanship, the European Healthy Stadia Network, National Union of Students/British University and College Sport among others. Topics include sustainability in community, professional and university sports, energy use in sports venues, driving sustainability in your supply chain and sports turf management.

To find out more details and to book your place : http://basis.org.uk/conference-2014/

JSP- Looking forward to attending Soccerex once again

Rugby World Cup 2015- A Year to Go!

The Glasgow Games, Best ever Yet!

Glasgow-Fireworks_2995247bThe Glasgow 2014 Commonwealth Games came to an end on Sunday night with the Closing Ceremony marking the finale of the competition – deemed the ‘best ever’ by Commonwealth Games Federation President Prince Imran.
‘The Commonwealth Games are known as the Friendly Games,’ he said.

‘These have been more than that, they have truly been the peoples’ Games. Glasgow, it is a job well done, you have delivered the best Games ever.’
The closing ceremony, last night, ended the Glasgow 2014 campaign after 11 days of action across 17 sports, with hosts Scotland finishing fourth overall with a record haul of 19 golds and a best-ever tally of 53 medals.
England topped the medal table for the first time in 28 years, Wales surpassed their target of 27 and Northern Ireland reaped their largest tally since the Games was last in Scotland in 1986.
The Commonwealth Flag was also passed to Gold Coast to mark the transition to the next edition of the Games in 2018.
The jamboree ended with a Closing Ceremony opened by Glaswegian singer Lulu and closed by Scottish singer-songwriter Dougie MacLean.
In between were athletes emerging from tents, speeches, a presentation from the Gold Coast organisers and Kylie Minogue.
Finally, following a mass rendition of Auld Lang Syne, Scotland bid farewell to Glasgow 2014. The Games were then officially declared closed by the Earl of Wessex, Prince Edward, vice-patron of the CGF.
Mike Hooper, chief executive of the Commonwealth Games Federation concluded: ‘Yesterday, the rain came down, but the spirit of these Games endured.’
‘Each medallist who returns to their community will get a heroes welcome, and encourage others to have a go – to pursue their dreams.’
‘This is one of the most powerful elements of sport – the ability to inspire our youth– and we have seen fantastic role models in action across these 11 days in Glasgow.’

2014 Common Wealth Games Opens by putting Children First

Commonwealth Games 2014Glasgow and Scotland welcomed the world with an Opening Ceremony that featured celebrities from around the world alongside thousands of local talent in Celtic Park on Wednesday evening.
The ceremony featured more than 1,300 volunteer cast members, ranging from eight to 85 years old and representing every local authority in Scotland, and was inspired by ‘a desire to put people and communities at the heart of the Ceremony’, according to Glasgow 2014.
The evening featured appearances from Rod Stewart and Amy Macdonald who appeared with hundreds of Glaswegians as backing singers, as well as Susan Boyle alongside South African soprano Pumeza, comedian Karen Dunbar, signer John Barrowman and Nicola Benedetti accompanied by the Big Noise Orchestra and Eric Whittacre and his Virtual Youth Choir.
For the first time, the Opening Ceremony also included a call to action for the audience, the athletes and the Commonwealth to Put Children First.
In a break from tradition the teams were welcomed by their region rather than in alphabetical order as part of a UNICEF campaign woven into the night’s proceedings.
Hosts of the last Games in Delhi, India were the first into the arena representing Asia, followed by the teams from Oceania, Africa, the Caribbean, the Americas and Europe.
In between each of the regions making their entrance a special video was broadcast on the huge screen running the length of the South Stand, which featured stars such as Sir Chris Hoy, Sachin Tendulkar, Colin Jackson and Sir Alex Ferguson.
The videos highlighted the work been done by UNICEF projects in each of the six regions of the Commonwealth, and Hoy and Scottish actor James McAvoy called on the watching millions to pick up their phone and text a donation, with UNICEF revealing that over £2.5 million had been raised from UK donations alone by the time the Ceremony drew to a close.
Meanwhile, the Queen’s Baton made its way on its final leg of the journey helped by adventurer Mark Beaumont, UNICEF friend from Jamaica, Jennica Stirling, and finally Sir Chris Hoy.
Her Majesty the Queen read her message which has travelled 190,000 kms since 9th October last year, traversing the Commonwealth until finally coming home.
Lord Smith of Kelvin, chairman of the Glasgow 2014 Organising Committee, said: ‘This was the moment we had been waiting for since the bid was accepted in 2007. This Opening Ceremony promised many things – including showing Glasgow as a generous host – and I think we can say that we did just that.’
‘There were so many touches that just said “we are Glasgow and we are proud to welcome you in” – from the voices of 71 of my fellow Glaswegians announcing the arrival of the athletes, to the moment where we witnessed community groups performing side by side with international talent. Glasgow promised to put on a show and put on a show we did, setting the scene for the next 11 days of competition and the best Games ever.’
HRH Prince Imran, President of the Commonwealth Games Federation added: ‘It was a memorable opening ceremony but the highlight for me is always the arrival of the athletes from the 71 nations and territories of the Commonwealth. They will be the stars of the show over the next 11 days of outstanding competition. They all looked delighted to be here in Glasgow and excited about what lies ahead.’

The Financial Chasm between Premier League & Football League Clubs

The football revenue of the top 92 clubs in English football reached almost £3.2 billion (Premier League 2.525bn) according to the 23rd Annual Review of Football Finance from the Sports Business Group at Deloitte. Dan Jones, Partner, commented:

Once again the global appeal of the Premier League has continued to drive commercial revenue growth, particularly at the highest ranked Premier League clubs. Matchday revenue also increased by 6% with fewer unsold seats at Premier League games than ever before.

Matchday spending success coincides with the top 92 English clubs investing £211m in stadiums and facilities in 2012/13, the highest amount of capital investment since 2006.

The 2012/13 season was a particularly bleak year for the finances of Championship clubs. A revenue reduction of £39m was compounded by a £40m increase in wage costs, leading to record operating losses of £241m. Pre-tax losses also increased by £170m, equivalent to an additional £7m per club, to £323m.

Adam Bull, Senior Consultant in the Sports Business Group at Deloitte, commented:

The 2012/13 wages to revenue ratio for Championship clubs of 106% is the highest ever recorded by an English division and is clearly unsustainable without ongoing owner support. The introduction of the Championship Financial Fair Play Rules was widely seen, and advocated by the clubs who voted it in, as a necessary step to change clubs’ behaviour. The severity of the punishments applied to those who have not complied with the rules in the 2013/14 season and the eventual result of efforts to change the rules, will determine the extent to which they present an effective deterrent to widespread overspending.

Jones also noted that the Premier League clubs will receive another significant increase in revenue in 2013/14: “We estimate that Premier League clubs’ revenue will have increased by almost 30% to £3.2 billion in 2013/14. This growth will be driven by the revenue from the first season of the Premier League’s new broadcast deals and further commercial revenue growth at the biggest clubs.”

However, the overall Premier League clubs’ wages to revenue ratio reaching a record high of 71%, which led to the aggregate operating profit falling by £2m to £82m, an operating margin of just 3% of revenue. However, 13 of the Premier League clubs made an operating profit in 2012/13.

Other key findings of the Deloitte Annual Review of Football Finance 2014 include:

  • The total European football market grew to a record £17.1 billion (€19.9 billion) in 2012/13;
  • Premier League clubs generated the highest revenue (£2.5 billion) of any league in Europe in 2012/13, followed by Germany (£1.7 billion), Spain (£1.6 billion), Italy (£1.4 billion), and France (£1.1 billion);
  • The Bundesliga remained Europe’s most profitable league with operating profits of £226m, followed by the Premier League, with operating profits of £82m;
  • Average league capacity utilisation at Premier League clubs of 96% in 2013/14 was the highest level recorded in Premier League history and the 17th consecutive season above 90%;
  • Capital investment by clubs across the top four divisions since the Premier League began has now exceeded £3.5 billion;
  • Net debt in respect of Premier League clubs was £2.5 billion, an increase of £139m (6%) on 2012;
  • The Government’s tax take from the top 92 professional football clubs was around £1.3 billion in 2012/13.

Of the £2.5 billion net debt in the Premier League, almost two thirds (£1.6 billion) is in the form of non-interest bearing ‘soft loans’ of which over 90% related to four clubs – Chelsea (£984m), Newcastle United (£266m), Queens Park Rangers (£166m) and Aston Villa (£72m).

Brazil World Cup 2014- Starts Today Ready or Not!?

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The countdown clocks have clicked down towards zero. The air force is on alert. Navy frigates patrol the coastline and an army of 147,000 police and soldiers has been mobilised. Roads usually choked with traffic are emptying of cars. Schools have been closed. Offices are finishing early. Hundreds of millions of TV sets are being tuned in to the same event.

By 5pm today, Brazil should finally be ready for the moment this football-obsessed nation has been dreaming of – and dreading – for the past seven years: the kickoff of the World Cup finals.

The biggest, costliest and arguably most controversial tournament in the sport’s history will get under way at the Itaquerão stadium with a star-studded ceremony and a match between the host nation and Croatia.

But all is not well in the global football family. Parting with protocol, the host president, Dilma Rousseff, and Fifa head, Sepp Blatter, will not give a speech because they fear a repeat of last year’s Confederations Cup opening when their words were drowned out by jeers and whistles.

While Pitbull, Claudia Leitte and Jennifer Lopez perform the official song, We are One, demonstrators on the streets are planning to chant a discordant message about inequality, forced evictions and overspending on the $11.5bn event.

And as Neymar, Paulinho, Hulk, Fred and their compatriots file through the stadium tunnel in São Paulo, workers in other host cities are still wrestling with the final touches on construction projects that are chronically late, over budget and fatally ill managed. Fifa, though, has declared all 12 venues ready and once the football starts, it will hope that attention shifts to the pitch rather than the streets.

This tournament has the potential to be both the greatest and the worst in the history of the sport. Brazil is arguably the most football-obsessed nation on Earth, with the most successful record in World Cup history and a reputation as a party capital. But this tournament is more than usually heavy with political significance, coming as it does in the midst of a crisis of confidence in the way that both Brazil and global football are run.

Earlier this week, Blatter came under attack at the Fifa congress for presiding over an organisation mired in corruption scandals, deeply unpopular with the global public and struggling to explain how Qatar was awarded the 2022 tournament – a decision that the president now acknowledges was a “mistake”. The host nation too is deep in a funk that shows no sign of abating, even as Rousseff prepares for a re-election bid in October. The economy is in the doldrums, opinion polls suggest 72% of the electorate is dissatisfied with the government, and the authorities have failed to mollify a protest movement that brought more than a million people on to the streets during the Confederations Cup.

“There has never been a World Cup so important in Brazil’s history,” said Euclides de Freitas Couto, professor of social sciences at the Federal University of São João del-Rei-Brasil. “The extensive politicisation of the tournament has triggered a popular backlash against the football team. This is unheard of.”

Recent protests have been far smaller than the million-plus crowds that marched in 50 cities last year, but some have been violent and disruptive. Earlier this week, São Paulo was the scene of teargas volleys, street fires and dire traffic congestion during a subway workers’ strike that was timed to embarrass the authorities into concessions before the World Cup.

Graffiti in many cities asks “Copa pra quem?” (“Who is this cup for?”) and several giant murals have appeared in recent weeks depicting the suffering caused by the tournament. At least three groups of protesters are calling for a new round of anti-World Cup demonstrations on Thursday. One planned for Copacabana beach is publicised by the image of black-masked protesters holding a banner reading “Fifa Killers Fuck Off. Long Live Favela Riots”.

Rousseff has hinted darkly at a pre-election conspiracy against her. To ensure minimal disruption, the authorities will mount an $850m operation to guard the perimeters of the stadiums and ensure the safety of the teams. The World Cup is now considered so perilous and important that the air force will send 24 Super Tucano counter-insurgency planes, three radar aircraft and 11 helicopters to ward off any threat from the skies. Navy vessels are patrolling the coast – part of a deployment of four frigates, one corvette, 21 launches and 13,000 personnel mobilised to defend the tournament. Wars have been fought with smaller displays of force.

But this is only a fraction of the outlay on this World Cup. Spending so far is estimated at $11.5bn – a sum bigger than the GDP of a quarter of the world’s countries. Most of that money has been poured into concrete and steel – new and upgraded stadiums and transport infrastructure. The government promised no public money would be used to build arenas, but close to $3bn ended up coming from the taxpayer’s purse after delays and overspending prompted government intervention.

Odebrecht – the biggest construction firm in Brazil and a major contributor to Rousseff’s Workers party – looks to be among the major financial beneficiaries of the tournament. Fifa is also expecting a boost, with $4bn income from ticket sales, sponsorship and broadcasting rights. At Fifa’s insistence, this will be tax exempt. Brazil’s inland revenue estimates the loss to government coffers at about $242million, even as host cities fall deeper into debt to pay for stadiums and infrastructure.

Anti-poverty activists are now campaigning to ensure that this is the last World Cup where Fifa can shift so much of the burden on to the host nation.

“This is a clear example of how the eradication of poverty and inequality is a political decision. The World Cup tax exemptions hinder the achievement of a successful future for Latin America and the Caribbean,” said Christian Aid.

Even now, builders are labouring to finish the external areas at several sites and the Itaquerão stadium was so late that it has yet to stage a full-scale test event. The opening match will be the first time the venue will be used to its full 61,606 capacity. At the Arena Amazonia, where England will play their opening game against Italy on Saturday, workers are still asphalting the ground outside the stadium, fitting doors and fixing power cables in the changing room. The newly laid pitch is already showing signs of degradation.

But despite these concerns, excitement is building. An influx of visiting fans and players has injected a much needed buzz to the host nation. Foreign languages are increasingly heard in the bars of Rio, pasty skin is more evident on the beach, and a cosmopolitan festival vibe is descending on the streets. More Brazilian flags are appearing in windows and on cars, though not nearly as many as during previous World Cups.

First-timers at the tournament are impressed. “It’s just starting to hit home this week. Come to the country and you start to feel the buzz. It’s increasing each day,” said the England midfielder Adam Lallana on a visit to the Rocinha favela.

Brazil’s mood-making football columnist Juca Kfouri entered into the spirit with a piece headed Butterflies in my stomach. “As the games approach, on the eve of each of them, we’re overtaken by qualms, the exaggerated respect, the risk of embarrassment, the fear of pain, of humiliation. That is inevitable,” he writes.

Much will now depend on the home team’s performance. A victory in the opening match could further lift spirits. If – one month and 64 games from now – Brazil can emerge as victors, this tournament may yet be seen as a success. But the alternative could lead to more than just disappointment, according to Marcos Guterman, author of Football Explains Brazil.

“If Brazil gets eliminated from the tournament before the final, I predict big problems,” he says. “The World Cup is a measurement of our capacity, on and off the field. For years everyone’s been saying, ‘We’re going to give the cup of cups and that this will show we’re capable,’ but now that the cup is actually happening, there have been so many problems in the planning – so many delays, promised projects not happening, public transportation works that haven’t even started, incomplete stadiums – if Brazil does not make is to the final I have no doubt that all these problems will be exacerbated. They will seem much worse.”

Diogo Barbosa, a fan in Rio, said: “I will watch the games and I will support my team, but there are more important things to watch – like the course the protests will take, the image Brazil will leave, and whether the effect of hosting will be positive for Brazil … If you mix up everything that’s happened, it’s likely that Brazil will grow from this situation, if not in money, [then] in spirit.”

Another fan, Michel Silva, said: “I’m not so excited, not like I was for the cup in 2002. I hope the team does well, but I don’t agree with the high investments that the federal government made in the stadiums. Brazil has a huge deficit in the areas of healthcare, education and urban transport.” But there is excitement too: “We’ve got a well-oiled team, the stadiums are ready and urban transport is good. It’s just joyous,” said a fan, Silas Lima.

Joyce Rocha, a football player, said: “People are less excited this year because of what’s happening in the country, but Brazil has always been like this. With or without the Cup, education and health care has always been terrible because the politicians put all the money in their own pockets. But I’m going to support our team with the same force as always. What else can we do but cheer?” Geography teacher Wesley Lima Rios said and his seven-months pregnant wife will drive three hours to see a match. “It’s a once-in-a-lifetime opportunity,” he said. “People were a bit wary due to the negative campaign that has been done against the Cup, mainly in the mainstream media … But the perception is starting to change on the eve of the Cup. Now it is getting going.”

Veteran fans acknowledge how fickle support has been in the past. Thiago Santos, 77, remembers the misery of Brazil’s defeat in the 1950 final at the Maracanã and the unease that many felt about supporting the 1970 team during the dictatorship. But he said moods change along with results. “We always live in a crisis, but the football comes along and we forget everything.”

Article Written by Jonathan Watts and shared from Guardian today on line. Photograph :  Paul Hanna/Reuters

Manchester City & Paris Saint-Germain Face Fines & Restrictions from UEFA

Premier League and Lique 1 title-chasers Manchester City and Paris Saint-Germain are facing fines of €60m (£49.2m) and restrictions to their next Champions League squads after falling foul of UEFA’s Financial Fair Play (FFP) regulations.

Reports across Europe have said both teams will face a squad reduction of 21 players, down from 25 and that the City will appeal.

If that is the case, City’s appeal will be handed to a panel who will make a non-negotiable decision.

It is expected that the fines will be payable over three years and that a final decision will be made at the start of next week at the latest.

PSG have agreed on four sanctions, after UEFA ruled that the £165m ($280.3m) deal between the French champions and the Qatar Tourism Authority should be valued at only half that amount.

The Ligue 1 leaders will also only be able to spend £50m ($84.9m) in the transfer market and they are forbidden to increase their payroll, which is already £197.2m ($335m), the highest in Europe.