Browsing Archive: December, 2012

Paris St-Germain attempt to circumvent FFP rules

Posted by Ed Thompson on Friday, December 21, 2012,

French newspaper Le Parisien reported that Paris St-Germain have signed a huge sponsorship deal with the Qatar Tourist Authority. The four-year deal is said to be worth E150m this season, rising to E200m in the final year of the arrangement.  The deal is also reported to be back-dated so that the club will receive the full E150m this season, even though deal has only just been announced.

PSG are 100% owned by the Qatar Sports Initiative (QSI), which is in turn owned by the Qatar Investment Aut...


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Manchester City's 2011/12 accounts - the Devil is in the detail

Posted by Ed Thompson on Sunday, December 16, 2012,

Back in May, I published a projection on whether Manchester City were on track to meet the FFP criteria. Now that the club’s financial results for last season have been released, it seems a good time to revisit the original projection and look again at the club's FFP challenge.

On Friday, City officially announced a loss of £99.7m for the season 2011/12. Interestingly, many journalists were not impressed that the figures were released late on a Friday afternoon in an apparent, though fairly...


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