A Club Financial Control Panel has been set up to monitor and ensure that clubs adhere to the financial fair play requirements - and in May 2010, the UEFA Executive Committee approved the UEFA Club Licensing and Fair Play Regulations - which have the support of all stakeholders in European football. Financial fair play measures will be implemented over a three-year period, with the break-even assessment covering the financial years ending 2012 and 2013 assessed during 2013/14, and starting with the assessment by the Club Financial Control Panel of all transfer and employee payables in the summer of 2011.
Fairly easy to understand I would have thought guy. "Here's the rules; abide by them"... "Don't take the chance of being disqualified."
the owners have already said that they will only spend what we earn, so I think hopes of them pumping money into the squad are very optimistic.
Indeed s@int; F.S.G., it would seem, are working within the rules as set out by U.E.F.A. - i.e. spend what you earn.
If they pump their "own money" into transfers they run the risk of Liverpool F.C. being disqualified from European competition (which is after all, the Holy Grail for so many of us). They have never hidden the fact that they would abide by the rules. They have never tried to deceive. Whilst others (particularly City, when you look at how Chelsea have curtailed net spend recently) might want to run that risk F.S.G. have made it clear we won't. I believe that's both fair and easily understood.
Optimism doesn't really come into it... not if one professes to be a 'realist', that is.
I understand peoples concerns about FSG spending since their takeover but in their defence i have to admit they have not put any monies from players sales onto bank interest payments,thats a bonus.
Lets put the spotlight on their net spend in the summer and how they back the King in the new season & what developments they will announce on our New stadium or a Anfield refurbishment.
'Realistically', as fans, that's all we can do Shabs.
For all the stick Ayres, for example, has received of late, he has been able to boost our coffers and supplement the all important income. As you and others have pointed out F.S.G. have, in return, promised to put any monies earned back into the team.
So far they've honoured that commitment. This Summer, I believe, we'll see a substantial transfer kitty (my best guess, as I've 'said' before, is circa £60m plus player sales)... it may not be their "own money" but the truth is they have never tried to hide that fact.
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