Will financial fair play survive Man City's victory over UEFA?

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Manchester City's success in having a two-season ban from European competitions overturned by the Court of Arbitration for Sport has raised serious questions over the future of UEFA's financial fair play system.

AFP Sport looks at the origins of FFP, how it has changed European football finances over the past decade and what the future holds.Financial Fair Play was first implemented by European football's governing body UEFA in 2011 to try and combat soaring debts in the game.

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.Has it worked?UEFA's latest benchmarking report, which analyses the finances of more than 700 top-flight clubs across the continent, found clubs made a combined overall profit of 140 million euros in 2018. In the three years prior to FFP's implementation, combined losses were more than five billion euros.

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. "I truly believe FFP is gone," said Tottenham manager Jose Mourinho."New owners will have this feeling the circus opened the door so let's go and enjoy it."

CAS's summary of its reasoning for lifting City's suspension said the allegations were"either not established or time-barred".

 

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