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 Geplaatst: 25-06-2019 07:29:09 Onderwerp: NYON, Switzerland -- Big-spending clubs Manchester City and |
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| NYON, Switzerland -- Big-spending clubs Manchester City and Paris Saint-Germain were fined 60 million euros ($82 million) by UEFA on Friday and ordered to limit their Champions League squads to 21 players next season for breaching the bodys financial fair play rules. Jeffery Simmons Jersey . In the first series of sanctions handed down by UEFA over its new regulations meant to curb over-spending by wealthy owners, nine clubs in all were handed punishments -- but those given to the Premier League winner and the French champion were by far the heaviest. City said it will accept the sanctions and will not appeal, but insisted that the club has a "fundamental disagreement" with UEFA about its "interpretations of the FFP regulations on players purchased before 2010." PSG also accepted the punishment "in spite of the tremendous handicap they represent in terms of the clubs ability to fully compete on an equal footing against Europes biggest teams." PSG also said in a statement that it "deplores the fact" that UEFA hasnt recognized "the full value" of its partnership with the Qatar Tourism Authority, which the governing body said was inflated. The fines given to City and PSG are the heaviest ever handed by out UEFA. However, UEFA said 40 million euros will be returned to the clubs if they fulfil their financial obligations over the next two years. Those obligations include limiting the deficits to 10 million euros in the financial year ending in 2015 for City, with PSG allowed a deficit of 30 million euros for that period before being obligated to break even by 2016. City said it expects to break even by the end of 2014. UEFA said both clubs have agreed to "significantly limit" their spending in the transfer market over the next two years. However, City said it is allowed to spend 60 million euros, plus whatever it earns for selling players, in this summers transfer window. It said the UEFA sanction "will have no material impact on the clubs planned transfer activity." The reduced Champions League squads may not have much of an impact either. Teams are ordinarily allowed 25-man squads for the competition, but few end up using that many. City and PSG both used 21 players on the field this past season -- not counting unused substitutes. "Our ambition to build one of the best and most competitive European Football clubs will not be undermined by these measures," said PSG president Nasser Al-Khelaifi. "We will continue to invest in developing a highly competitive team and will continue our investments in our stadium and training infrastructures while at the same time remaining, as we are today "debt free." The FFP rules require clubs who play in the Champions League and Europa League to balance their finances, and are meant to curb huge investments by owners and excessive spending on transfers. The sanctions were handed down five years after UEFA President Michel Platini launched the program to tackle "cheating" by overspending. No club was expelled from next seasons Champions League or Europa League, which had been billed as the harshest punishment available. The other clubs to have failed FFP were Galatasaray, Trabzonspor and Bursaspor from Turkey, Russian sides Zenit St Petersburg, Anzhi Makhachkala and Rubin Kazan, as well as Levski Sofia from Bulgaria. Those were handed fines ranging from 200,000 euros -- for Galatasaray, Trabzonspor, Levski and Bursaspor -- to 12 million euros for Zenit. UEFA was expected to rule against Man City and PSG, which far exceeded a limit of 45 million-euro losses over the first two seasons of very complex accounting rules for FFP assessment. Both clubs tried to balance their finances with inflated sponsorship deals linked to their owners in Abu Dhabi and Qatar, respectively. City was also scrutinized for booking tens of millions in revenue from selling image rights and consultancy fees to third parties. Critics of FFP say it was effectively manipulated during UEFAs lengthy consultation with clubs who saw an opportunity to lock out emerging rivals whose new, wealthy owners wanted to spend quickly to join the elite. Clubs such as Barcelona, Bayern Munich, Manchester United and Real Madrid, which have lucrative commercial deals worldwide, will all likely benefit from City and PSG now having to rein in their transfer strategy. Cheap Titans Jerseys . Bach, a 59-year-old German lawyer, was elected Tuesday as president of the International Olympic Committee. He succeeds Jacques Rogge, who stepped down after 12 years. Bach, the longtime favourite, defeated five candidates in a secret ballot for the most influential job in international sports, keeping the presidency in European hands. Cheap Titans Jerseys China . His stated reason for abruptly resigning as head coach of Canadas Olympic womens hockey team was he felt there were doubts about his ability to coach the team to Olympic gold in February. http://www.cheaptitansjerseyselite.com/ . The Mariners ace allowed just one hit over eight innings while striking out nine, and Robinson Cano backed him with a two-run homer as Seattle earned a 3-0 victory over the Cleveland Indians on Sunday.OAKLAND, Calif. -- Golden State made a move to fill an important role behind point guard Stephen Curry on the first day teams were allowed to speak with free agents. The Warriors and guard Shaun Livingston agreed to a three-year contract worth about $16 million Tuesday night, a person familiar with the deal said. The person spoke to The Associated Press on condition of anonymity because teams cant sign free agents until the NBAs moratorium ends July 10. "We intend to enter into a player contract with Shaun Livingston once the moratorium period ends," Warriors general manager Bob Myers confirmed in a statement. Per league rules, Myers could not comment further. Yahoo Sports first reported the agreement. The Warriors are hoping Livingston can bring some relief off the bench behind Curry, which proved problematic at times last season after Jarrett Jack left for Cleveland in free agency. Golden State started the season with Toney Douglas before trading him to Miami and acquiring Jordan Crawford and Steve Blake in separate trades. Crawford and Blake are not expected back. The 28-year-old Livingston averaged 8.3 points, 3.2 rebounds and 3.2 assists with Brooklyn last season. The veteran guuard started 54 games -- several when point guard Deron Williams was injured -- to help the Nets rebound from a horrific start and reach the second round of the playoffs. Amani Hooker Jersey. "Thank you Brooklyn for embracing me....," Livingston wrote on Twitter. "Golden State, excited to be part of the movement!!!" The 6-foot-7 Livingston is a big, versatile point guard that would seem to fit well in new coach Steve Kerrs system, which is predicated on ball movement and slashing. Livingston is known for his good instincts and strong post game, and his defence has improved throughout his career, which was nearly cut short by a severe knee injury. Livingstons days on the court seemed over when he tore three ligaments and dislocated his left kneecap with the Los Angeles Clippers in a game against Charlotte on Feb. 26, 2007. Livingston, who skipped college and was the No. 4 pick in the 2004 draft, missed an entire season and played in just 12 games with Oklahoma City and Miami when he returned in 2008-09. Livingston has worked his way back ever since, and he became a solid rotation regular for the Nets last season. 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