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UEFA Lift FFP Sanctions On Manchester City And PSG

Manchester City and PSG have had their restrictions on transfer spending and Champions League squad size lifted, Uefa has announced. Manchester City and PSG were sanctioned by UEFA last year to play in Champions League with only 21 players in the squad, four fewer than usual, and spending on new signings in last summer’s transfer window was capped at £49m as punishment for breaching FFP rules. The clubs also agreed that total wages last season’s Champions League squad must not exceed that of the 2013-14 season. Both, PSG and City were also fined £16.3m a year for three years totalling £49m but only the first year’s fine has been imposed. City’s and PSG’s settlement agreement with Uefa means they still have to hit targets they agreed with the European governing body for 2016 but Uefa’s club financial control body has announced the lifting of the restrictions for both the clubs. This news will be viewed by skeptics, who have argued that Uefa will […] Read more »

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UEFA Ease FFP Rules To Tempt Investors

UEFA has eased financial fair play rules on clubs in a bid to tempt investors after a tough three-year campaign to cut sky-high debt in the European game. With Gulf state-owned Manchester City and Paris Saint Germain still feeling the pain of sanctions ordered last year, UEFA’s executive eased the rules at a meeting in Prague on Monday. They will force clubs to give extra information on ownership, but will also start new voluntary financial revival plans to allow clubs to avoid sanctions and to spend on players if they have a “plausible and conservative” business plan. The new UEFA rules are clearly intended to attract investors and Europe’s top clubs welcomed the move. “The financial fair play rules are a very important tool for clubs to control their economic situation,” said European Clubs Association president Karl-Heinz Rummenigge of Bayern Munich. “Therefore, ECA calls on clubs to keep on supporting the financial fair play system and to work within the […] Read more »

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Inter sign Atletico Centre-Back Miranda, for a reported fee of €12.5 Million

After shrugging interest from Chelsea and Manchester United, Inter Milan have made another marquee summer signing in the form of Miranda. Hvaing tasted both Domestic and European success with Atletico Madrid, the Brazilian international seeks a new challenge, in the form of a new look Inter side that will aim for the very top, under Roberto Mancini Read more »

Group C - Brazil vs Colombia

“Argentina More Than Messi” Colombia’s Murillo Readies Himself For Quarterfinal Tie.

Colombia’s Inter Milan defender Jeison Murillo has warned his team-mates that FC Barcelona star Lionel Messi is not Argentina’s only threat ahead of their quarter-final clash in the Copa America. The defender who scored in the win over Brazil says that James Rodriguez and company must not underestimate the Argentina squad that consists of many talented players and not just Lionel Messi. The two nations will go head-to-head in the third last eight tie on Friday, June 26 in Viña del Mar. The winner of the clash will play the winner of Brazil – Paraguay game on Saturday. While Colombia will be hoping to win the of South American champions for just the second time in their history, Argentina are hoping to end a barren run of 22 years without a major international winner’s trophy. When asked about his thoughts of being up against Lionel Messi in the tie against Argentina, the 23 year old defender said: “It will be nice to be on […] Read more »