The financial consequences of Covid19 were obviously unexpected, and weren't limited to France. Generally speaking though, the DNCG ensures French clubs don't amass large debts and/or spend money they don't have, or that can't be covered by ownership.
Yeah, but was thinking about the Mediapro mess and how the domestic broadcasting rights were sold for half the money later.
PSG couldn't finish "The Project" over the last 9 years and they hired some near-retired professors (Messi, Ramos) to do it for them.
The financial consequences of Covid19 were obviously unexpected, and weren't limited to France. Generally speaking though, the DNCG ensures French clubs don't amass large debts and/or spend money they don't have, or that can't be covered by ownership.
I'm sure there's a Latin term for the logical fallacy of using present circumstances to prove the validity of past statements but can't think of it right now.
Was trying to force Barca and Madrid to sign the CVC's deal in an attempt to end any hope for the Super League.Propositional fallacy _ affirming the consequent I think...
The thing I still don't get is if both the EPL and Ligue 1 (other leagues I dunno) could scrap FPP due to Covid. Why is La Liga penalizing itself by being so strict with the clubs, and if really insisting on upholding current 70% regulation, why not give the clubs better means of meeting that figure
(such as replacing already registered players (ie. Umtiti, Couti, Busi, Pjanic, Bob, Araujo...) with the new crop. A good case could be made for it given the exceptional circumstances.
or is it a case of the legislators being too slow to react and amend the rules?
aye que no puedo entender eso
Was trying to force Barca and Madrid to sign the CVC's deal in an attempt to end any hope for the Super League.
So the 124m loss PSG had from the 19/20 season was footed by PSG itself without any money from the Qataris or the DNCG made an exception to let the owners cover it?
Tebas joined the Executive Committee of Uefa this year so is hardlining the interests of Uefa against the SuperLeague space through LaLiga.
Barcelona and Madrid are going to be indirectly punished until they submit basically.
Tebas has completely abandoned his opposition to the PSG spending and LaLiga losing Messi stance since taking up this position.
No idea. Just to note that was not the reason, that was what I think was the reason as to why LL did ease up this season (they did last season).
With a salary cap of ?671 million in 2019-20, they had the highest wage cap in La Liga. It was ?347 million the previous year. The amount for the upcoming season has yet to be determined, although it is expected to be in the range of ?160 million. That implies that in 2021-22, the team will only be able to spend around a quarter of the money they had two seasons ago on salaries and transfer costs. To sign Messi, FC Barcelona needed to save well over $200 million in salary during the summer offseason. The Blaugrana were nowhere near that sum due to limited sales and a lack of players willing to take a wage reduction, and the club and player realized on Aug. 5 that the signing could not take place under the conditions.
Surprisingly, La Liga revealed on Wednesday that CVC would invest 2.7 billion euros (?2.3 billion) in the league in exchange for 10% of its earnings and a 10% interest in most of its operations, with 90% of the money going to clubs. However, Barcelona joined Real Madrid in rejecting a planned multibillion-dollar investment and revenue-sharing arrangement between La Liga and private equity group CVC on Thursday. According to projections based on La Liga's revenue-sharing rules, Barcelona would receive a cash inflow of almost $300 million, with 15% of it going to player signings. Accepting the arrangement would have entailed the clubs financially committing themselves to La Liga for decades to come, thereby putting their Super League dreams on hold.