Today, news broke that Manchester City’s two-year Champions League ban has been overturned by the Court or Arbitration for Sport.
It was decided that they did not disguise equity funding but failed to co-operate with UEFA, meaning the punishment is only a £10m fine.
That’s a £10m fine for years of systematic, proven cheating – revealed by a whistleblower who is currently in Portuguese jail.
Liverpool have played by the rules of FFP for ten years. We spend what we can afford. We release truthful figures. This decision is an absolute farce and if UEFA have an ounce of credibility, they’ll scrap FFP.
It clearly doesn’t mean anything and will now no longer be any kind of deterrent for teams looking to break it.
Below is the reaction from Reds online. What an absolute joke.
Manchester City have won their CAS appeal. Club did not disguise equity funding, but failed to co-operate with Uefa authorities. Ban lifted, £10m fine pic.twitter.com/w6TopvnTkl
— Melissa Reddy (@MelissaReddy_) July 13, 2020
FFP doesn't exist, if you are rich enough you can do whatever you want
— * (@SirLeonP) July 13, 2020
The death of FFP. We've been playing by the rules for ten years under FSG, and for what?! Complete farce. May as well just scrap it now.
— Empire of the Kop (@empireofthekop) July 13, 2020
Cheat all you like, cook your books, sponsor yourselves, have all your family's businesses involved, make it all up as you go along, cos if you're found out you can just appeal to somewhere else and pay for it to go away.
Sound. Football's dead.
— J19MY HELL (@PlayersTrombone) July 13, 2020
Can anyone tell me what’s the point of FFP? Doesn’t make any sense.
— Karl (@KarlThyer) July 13, 2020
FFP in the mud.
— Sam McGuire (@SamMcGuire90) July 13, 2020
So what the point of financial fair play (FFP). If you got good lawyers you get away with it TWICE, I know they been fined but the fine are nothing to them.
— Kevin Mcclennon (@kevmacca10) July 13, 2020
Btw, this means City don’t have a free run at the league next season.. soo probs comes in handy for us.
— Kai (@TheKopSings) July 13, 2020
There is literally no point in FFP now tho is there
— Owen (@OwenPainting15) July 13, 2020