Gilluminati took on a new meaning this week with news that United’s former chief executive David Gill will be given the power to punish clubs that don’t abide by the new financial fair play rules that are being introduced.
The Mail notes:
Having stepped down from his post at Old Trafford at the end of last season to become a UEFA executive member, Gill has now been appointed chairman of the governing body’s extremely influential Club Licensing Committee.
The committee essentially decides which clubs are entitled to licences to play Champions League and Europa League football. This will become increasingly important as UEFA’s FFP rules shape the landscape of European football in the coming years.
Gill’s appointment will certainly raise eyebrows at clubs such as City and Chelsea who are currently striving to ensure their losses are no greater than the 845million (£38m) limit allowed by FFP across last and next season.
FFP may be United’s best chance of staying financially competitive with the likes of City and Chelsea who have an almost unlimited amount of money to throw at transfers. To be fair to the Noisy Neighbours, there seemed to be a slight shift in policy last season as the realisation that not all players can be bought- Robin Van Persie for one- made the club look towards more modest signings such as Jack Rodwell and Scott Sinclair.
This season City have already spent around £50 million while there’s talk of new Chelsea boss Jose Mourinho being handed a transfer kitty around the £100 million mark. United have always been able to make major signings when needs be but are unable to go toe-to-toe financially with their rich Premier League rivals, with Gill overseeing the new rules, maybe that will change.
Read more: http://www.dailymail.co.uk/sport/football/article-2343384/UEFA-David-Gill-power-punish-Manchester-Uniteds-rivals-like-Chelsea-Manchester-City.html#ixzz2WWsYrZsh
He did a great job at Utd didn’t he.There still £307m pounds in
You need to assertain the facts son……… Ill think you’ll find the Glazers might have something to do with that!
That was/is the Glazier’s that brought the debt, not Gill. You did a great job in school…..there, they’re, their…….work out which one you were supposed to use!
Jesus wept can’t you alt least get some things right. FFP articles allow 45million euros loss over the two season 2011-12 and 2012-13. not “845 million”