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Financial Fair Play takes first big scalp

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In the European football aristocracy guide, few sit higher than Milan, even though performances in recent seasons are well down on their historical standards.  After giving new manager, Rino Gattuson, around €200m to spend last season, they qualified for this season’s Europa League group stage.

But therein lies the problem: you cannot just throw money at football these days and hope to pass Uefa’s Financial Fair Play (FFP) regulations.  Europe’s governing body yesterday banned Milan from European football for one year as a consequence.

The club indicated they would appeal, noting that new Chinese owners invested €88m in capital “not loans” and were on a firm financial footing.  This is true, but that one-off splurge on bling for our old pal Rino pushed them outside of the scope of FFP; the ban has been in the post for a year.

For Milan, this is humiliating and will cost them north of €10m, but it sends out an important signal to all.  Financial Fair Play has taken its first big scalp.

Stiliyan Petrov match worn Champions League shirt raffle

We have a very special raffle, running until tomorrow. The shirt Stiliyan Petrov wore in Celtic’s 0-0 draw with Bayern Munich during our 2003 Champions League campaign is available. You can buy a ticket for £1 here on ebay.  Stan signed the shirt.

All proceeds go to the Stiliyan Petrov Foundation to aid research into leukaemia and cancer treatments.  Stiliyan’s recover from leukaemia shows us just how far treatments have come, but as our own CQN community knows too well, more progress is needed.  The draw will be made at Woodside Hotel, Aberdour, where our CQN Open Golf Day evening events take place.

It will cost you £1, or £50 if you want 50, and you might win a great memento.

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  1. Just catching up from yesterday.

     

    TWISTS N TURNS on 28TH JUNE 2018 1:44 PM

     

    WELCOME HAME Sir

  2. Come on the Belgium.

     

     

    I dislike the EU Big Time.

     

     

    I actually like the English attitude this Time.

     

     

    Globalists should hang their heads in shame…. on a Celtic blog. :))

  3. Good Morning – Just back from 10 mile walk – not wasted by golf – hope everyone at Aberdour enjoys themselves.

     

    I see big Fraser is being punted by Southampton – just saying

  4. I’d be tempted if we were offered the kind of money rumoured for Boyata and Jozo.

     

     

    Sign Steven Caulker and one other CB to replace them

  5. timaloy29,

     

     

     

    Jozo is the Best defender there but his head is scrambled, IMO.

     

     

     

    The KM tackle is folklore, it seems like Jozo is now folklore.

     

     

    TT is a guid judge so far, hopefully President Trump will bring in another Anti Abortionist Judge.

     

     

    The Time will be short Though,

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