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Man United Fined €300,000 For Breaching Financial Fair Play Rules - Sports - Nairaland

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Man United Fined €300,000 For Breaching Financial Fair Play Rules by politicoNG: 2:19pm On Jul 14, 2023
Manchester United have expressed their disappointment after being fined €300,000 (£257k) by UEFA for breaching FFP rules.

United bosses have been punished for minor 'break even' deficits during the Covid-19 pandemic. The club insist the fine will not affect the transfer budget made available to manager Erik ten Hag.

A club statement said: "While disappointed by the outcome, Manchester United accepts this fine for what UEFA acknowledges to be a minor technical breach of its previous Financial Fair Play rules.

"This reflected a change in the way that UEFA adjusted for COVID-19 losses during the 2022 reporting period, which allowed us to recognise only €15m (£13m) of the €281m (£241m) of revenues lost due to the pandemic within the FFP calculation.


"Post pandemic, the clubs’ revenues have recovered strongly and are forecast to reach a record level in the current financial year.

"The club continues to support the enforcement of rules to promote financial fair play and sustainability across domestic and European football."

United sustained €47m (£40m) of Covid losses in 2022, on top of €234m (£200m) of pandemic-related losses between 2019 and 2021.

It was the most suffered by any club in the Premier League. And the minor breaches occurred when United bosses failed to recognise an unforeseen change in the way UEFA treated Covid losses.

United hoped UEFA would be more flexible and accept the club's oversight, but European football's governing body have decided to fine them instead.

Meanwhile, the Red Devils have issued a response to a viral video of Mason Mount being hounded to sign shirts outside his hotel. Mount claimed to have been targeted by autograph hunters for three straight days as he was he filmed returning to his temporary residence.

https://www.dailystar.co.uk/sport/football/man-utd-uefa-ffp-regulations-30468166

3 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by TemplarLandry: 2:21pm On Jul 14, 2023
This club keeps sinking into a cesspool since the departure of Sir Alex Ferguson.

I dedicate “Clown You When You're Down” by Tony Yayo to loyal Man U fans. It shall pass! 😊

8 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by princeemmma(m): 2:49pm On Jul 14, 2023
I knew this day would come

Make dem fine them, if they are found guilty they should be relegated

A useless club who is wanting to sit still on old glory


Mismanagement is one of the big issue with the team, the team should be sold for a successful financing

The glazers are selfish and does not have interest in football bt only how to many comes in

6 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by turmacs(f): 3:52pm On Jul 14, 2023
Gosh, how I wish rashford can come and breach my kitty like that and dole out a cool €300k, I really need that kind of money in this cold weather...To find Nigerian man wey get that kind money na war because most of them are lazy and broke, even when you find, dem no dey Sabi fûck cry

8 Likes 1 Share

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by sylve11: 3:53pm On Jul 14, 2023
As a fan of Manchester United, i am not worried about this news. Na turn by turn. cool

3 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by wittywriter: 3:53pm On Jul 14, 2023
Man U always in the news for the wrong reasons...Lolz



Wittyness
Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Iseoluwani: 3:53pm On Jul 14, 2023
Can't just one or two players sacrifice one week salary nah

2 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Chibuzoripob: 3:53pm On Jul 14, 2023
sad
Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Danzysky: 3:54pm On Jul 14, 2023


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1 Share

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Sonnobax15(m): 3:54pm On Jul 14, 2023
lipsrsealed
Manure United with their oJoro be like nyash and mess lipsrsealed. Two inseparable entities...

Any ways,blues for life tongue

8 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Almiron: 3:55pm On Jul 14, 2023
.

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by lekkan(m): 3:55pm On Jul 14, 2023
This Manchester United fine will favor me and my family

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by shielaAhmed: 3:55pm On Jul 14, 2023
K
Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by TheFreshVanilla: 3:56pm On Jul 14, 2023
A useless team.

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Teytey2(m): 3:56pm On Jul 14, 2023
Sonnobax15:
lipsrsealed
Manure United with their oJoro be like nyash and mess lipsrsealed. Two inseparable entities...

Any ways,blues for life tongue
I swear

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by GanagiBitrus: 3:58pm On Jul 14, 2023
Peanuts.

2 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Abuja91(m): 3:58pm On Jul 14, 2023
This one sweet me as a Chelsea fan🤣🤣

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by sofeo(m): 3:58pm On Jul 14, 2023
Alright
Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by ArewaNightmare: 3:58pm On Jul 14, 2023
grin corruption at it's peak

Why not serve them Juventus style 🤪 of oint deduction next season

They're setting bad precedence for people like MAN CITY

Las las na chikini fine Dem go fine

2 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by seunlayi(m): 3:58pm On Jul 14, 2023
Wao
Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by fredoooooo: 3:58pm On Jul 14, 2023
Na city be the target..
Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Belleful: 4:00pm On Jul 14, 2023
Man-united get only 65k to use sign players, UEFA com dey fine Dem join. Where Dem one see money pay? Wen dem still dey find moni to sign players. No b relegation Man U wan go like this so?

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Nobody: 4:01pm On Jul 14, 2023
Man U glory days are over

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by abobote: 4:01pm On Jul 14, 2023
TemplarLandry:
This club keeps sinking into a cesspool since the departure of Sir Alex Ferguson.

I dedicate “Clown You When You're Down” by Tony Yayo to loyal Man U fans. It shall pass! 😊
How does what you read there mean sinking.

Too much drug is not good for your body

4 Likes

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by Nobody: 4:01pm On Jul 14, 2023
don’t be foolish
MisterBanny:


I can lick ur plate if u want

1 Like

Re: Man United Fined €300,000 For Breaching Financial Fair Play Rules by nicho450(m): 4:01pm On Jul 14, 2023
princeemmma:
I knew this day would come

Make dem fine them, if they are found guilty they should be relegated

A useless club who is wanting to sit still on old glory


Mismanagement is one of the big issue with the team, the team should be sold for a successful financing

The glazers are selfish and does not have interest in football bt only how to many comes in



You sound angry over what does not concern you

2 Likes

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