Manchester City aren't the only big spenders, says Guardiola

Ross Houston
July 15, 2020

My opinion about FFP doesn't change, like my opinion on VAR.

"After this ruling, it is hard to see any way in which the future of the Financial Fair Play policies can be workable".

Clubs can lose up to 30 million euros ($34 million, £27 million) across a three-year accounting period if at least 25 million euros is covered by the owner.

Investments in stadiums, training facilities, youth development and women's football are not included in the calculations as UEFA want to encourage spending in those areas.

"Yesterday was a good day for football because we play with the same rules of FFP as all the clubs in Europe".

But the German believes any demise of FFP, which has helped bring down debt across the European game, would be bad for football. "It shows that all that people said about the club was not true", he said.

I have one more year.

Talking to BBC Radio 5 Live, Distin said: "In terms of players, they have got some of the best players in the country, and in the world, and possibly not playing Champions League football for those players would have been very hard. But hopefully now we can go and do what they did a year ago by winning the Champions League, and put all our eggs into that basket now".

However, FFP's detractors believe it is a self-serving system for traditional giants such as Barcelona, Real Madrid, Bayern Munich and Manchester United to protect their position as the clubs with the greatest spending power.

Those clubs can count on their legacy as worldwide brands with huge fanbases to drive merchandising and sponsorship revenue.

The case put forward against City by UEFA was that they deliberately inflated the value of income from sponsors with links to the Abu Dhabi United Group, which is also owned by City owner Sheikh Mansour, to comply with FFP.

The breach of FFP was flagged by UEFA previous year only for CAS to overturn the decision in a strikingly similar manner to City's this week.

City were punished by UEFA in February over "serious breaches" of FFP regulations but immediately contested the ban. "I don't like doubts", he said. So let's open the door and let people enjoy and don't pay and come in and come out and stay inside for the clown show, come back out because they don't like the horse's show, and there's no control and enjoy freely'.

"This year was always going to be tough, and I felt in some games we've just thrown points away", he added.

On Monday, the Court of Arbitration for Sport (CAS) removed the suspension UEFA had handed to City - and reduced their initial €30m fine to €10m (£8.96m) - after finding "most of the alleged breaches reported were either not established or time-barred".

Liverpool, like all Premier League clubs, are suffering from not having any fans in stands for the time being.

"The message is clear: go spend what you like, and any punishment - if it happens at all - will be a long time coming".

"If they want to talk, I'm here", Guardiola told Sky Sports News.

"That would lead to a "World League".

Other reports by iNewsToday