New York City FC already being drawn into Manchester City’s Financial Fair Play drama

Leave a comment

The potential for creative accounting between Manchester City and the club’s new teams in North America and Australia looked like an interesting Financial Fair Play (FFP) loophole, but with UEFA already looking at the relationship between the Citizens and its offshore subsidiaries with skepticism, that loophole may be smaller than originally thought. With New York City FC still 10 months from playing its first competitive game, the 2015 Major League Soccer expansion team is being drawn into its parent team’s FFP drama, with UEFA apparently scoffing at intellectual property licensing agreements between the two clubs.

Word of the scrutiny comes from The Guardian, whose Tuesday reporting indicating Manchester City was ready to fight UEFA sanctions set to be imposed or overspending. City’s case for compliance hinges in part on the legitimacy of some of its partner deals, three of which were identified as potentially specious:

Uefa’s accountants are believed to have concluded that Manchester City’s £350m 10-year deal with Abu Dhabi’s national airline Etihad and a series of licensing deals have been significantly overvalued.

… Manchester City said it had sold players’ image rights for £24.5m to a separate company and raised £22.45m from licensing intellectual property to “third parties” – widely believed to be new City franchises in New York and Melbourne.

The mere existence of a deal between Manchester City and its new clubs isn’t the problem. UEFA, however, will flag any deal that appears to be out of line with a reasonable market expectation. If the deal doesn’t pass their scrutiny, the income won’t count toward Financial Fair Play.

The term “intellectual property” is so broad, it screams potential abuse. Manchester City can send a business operations manual back stateside with Jason Kreis, value it at whatever they want, and write it off. Ultimately, no money goes outside the team’s bigger, multi-club umbrella, but in terms of the more limited UEFA portion of that picture, City can play its shell game and try to comply. Only now, it looks like UEFA’s Club Financial Control Body (CFCB) is going to take a long, hard look at the shells, making sure nothing slips from the table.

Regardless, any notion that City won’t try to use its MLS and A-League franchises to help with FFP may soon be dispelled. Clubs are going to great lengths to find new ways to maximize their potential expenditures under the rules. For some that means new commercial efforts in North American and Asia. For others, that means placing, developing, and selling increasing numbers of players. For Manchester City, that means teams in North American and Australia – teams they can not only use to loan out contracts but also do more creative things, like sell intellectual property.

 

UCL, LIVE: Tottenham vs. Real Madrid; Man City, Liverpool in action

Getty Images
Leave a comment

Three Premier League teams are in UEFA Champions League action on Tuesday and they are involved in some huge matches across Europe.

[ LIVE: Champions League scores ]

Tottenham Hotspur head to reigning European champions Real Madrid in Group H with both teams winning their opening two group games. Can Harry Kane and Co. stun the Santiago Bernabeu?

Manchester City host Napoli in Group F in what looks like a very tasty game in Group F and Liverpool head to Maribr in a must-win game in Group E after they drew their opening two matches.

Elsewhere, FC Porto’s trip to RB Leipzig looks set to be an intriguing clash in Group G.

Below is the full schedule for Tuesday’s games, which all kick off at 2:45 p.m. ET and you can follow all the action live by clicking on the link above.

[ MORE: Champions League standings


Tuesday’s UCL games

Group E
Spartak Moscow vs. Sevilla
Maribor vs. Liverpool

Group F
Man City vs. Napoli
Feyenoord vs. Shakthar Donetsk

Group G
RB Leipzig vs. FC Porto
Monaco vs. Besiktas

Group H
APOEL vs. Borussia Dortmund
Real Madrid vs. Tottenham Hotspur

Top 25 moments in Premier League history: 6-4

Getty Images
Leave a comment

To celebrate the 25th anniversary of the Premier League we thought it would be great to count down our top 25 moments from a quarter of a century of action.

[ VIDEO: Top 25 moments in PL history ]

Each week we will release our best moments and you can keep track of the full list here.

Below are numbers 6-4 as we enter the top five moments in PL history.


6 – Wayne Rooney‘s score a stunning first PL goal for Everton vs. Arsenal in 2002

5 – Man United fight back from 3-0 down v Tottenham in 2001

4 – Liverpool vs. Newcastle United battles in the mid 1990s

Heath, Smith sidelined with injuries for USWNT

Getty Images
Leave a comment

CHICAGO (AP) Forward Tobin Heath and defender Taylor Smith are sidelined with injuries that will keep them out of the U.S. women’s national team training camp in Louisiana ahead of two upcoming matches against South Korea.

Heath is nursing an ankle injury and Smith her shoulder. Both women were hurt in the NWSL championship match last Saturday, the U.S. Soccer Federation said Monday.

The Americans play Thursday at New Orleans and Sunday in Cary, North Carolina.

Neither player will be replaced on the roster and coach Jill Ellis will have 18 players dressed for each game.

Report: Sam Allardyce, Laurent Blanc want to be next USMNT boss

Getty Images
4 Comments

Yep, this is true.

Sam Allardyce has thrown his hat into the ring with the U.S. national team searching for a new manager, and so has former Paris Saint-Germain and France boss Laurent Blanc.

[ MORE: Latest USMNT news ]

According to ESPN, sources close to Allardyce say he is up for the USMNT challenge which would “enable him to impose a long-term strategy and secure a legacy in a nation regarded as a growing force.”

A report from France Football states that Blanc is also interested in replacing Bruce Arena, who resigned last week following the USA’s shock defeat at Trinidad and Tobago which saw them miss the 2018 World Cup in Russia.

Hmmm. After Jurgen Klinsmann’s time in charge of the USMNT, are the days of big name foreign managers over?

These are two relatively high-profile names with experience of managing national teams (in Allardyce’s case one game with England before The Telegraph sting scandal) but neither have experience of Major League Soccer or the unique challenges of CONCACAF.

Allardyce often talks fondly about his year spent with the Tampa Bay Rowdies in the NASL during his playing days and has used many techniques he picked up from the U.S. sporting realm in his lengthy coaching career which has spanned Premier League clubs Bolton, Newcastle, Blackburn, West Ham United, Sunderland and Crystal Palace.

Yet the scandal which cut his ill-fated time in charge of England short will likely raise eyebrows if he is to be considered for the U.S. job and his direct style of play is not to the taste of many purists out there.

When it comes to Blanc, his ultra-defensive style of play may turn off those in charge of U.S. Soccer too but there’s no doubting his record with a title win at Bordeaux in 2009 before he took France to the last eight of EURO 2012, and then led PSG to three-straight French titles from 2012-13, is impressive.

The fact that these two managers have reportedly thrown their hats into the ring suggests just how highly the job is regarded worldwide, even if U.S. Soccer fans believe the program is currently at an all-time low after the embarrassment of failing to qualify for the 2018 World Cup.

In his conference call with reporters last week U.S. Soccer Federation (USSF) president Sunil Gulati refused to rule out anybody for the USMNT job, stating that no specific profile (American, non-American coaches etc.) is preferred in their search for a new manager.

Many U.S. fans are hoping for a domestic manager to take charge with Peter Vermes, Ben Olsen and Jesse Marsch all mentioned with their vast knowledge of the U.S. national team and MLS setup.

Let’s wait and see what happens but after the Klinsmann era, one would suggest that USSF would be slightly hesitant to go overseas in their search for a new U.S. national team manager.