damicky
🐀 Remy The Rat 🐀
- Mar 22, 2019
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- AFL Club
- Richmond
A-League All Stars up 5-0 vs Newcastle 75 mins in. Irankunda with an instant assist right off the bench.
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A-League All Stars up 5-0 vs Newcastle 75 mins in. Irankunda with an instant assist right off the bench.
Now that's special. We're lucky to have a comp as good as the A League here. CCM are gonna be massive next season.
A few clubs having to work through their mutual ownerships for the European competitions. Uefa rules restrict the influence any organisation can have over more than one club in the same competition.
Ineos owns a 27.7% stake in Man United and are in control of the club's football operations. They also own Nice. Both clubs have qualified for the Europa League. Nice finished higher so United face being demoted to the Conference League.
Manchester City and Girona are both part of the City Football Group and have qualified for next season's Champions League.
Article 5 says only if there is a shareholder majority by the same owner there is an issue
UEFA Documents
documents.uefa.com
Ineos need to restructure.
- No individual or legal entity may have control or influence over more than one club participating in a UEFA club competition, such control or influence being defined in this context as:
- holding a majority of the shareholders’ voting rights;
- having the right to appoint or remove a majority of the members of the administrative, management or supervisory body of the club;
- being a shareholder and alone controlling a majority of the shareholders’ voting rights pursuant to an agreement entered into with other shareholders of the club; or
- being able to exercise by any means a decisive influence in the decision-making of the club.
They own 25% of Utd only so don't see an issue here. 2/3/4 were not a problem for the RB clubs, won't be an issue for Utd/Nice.
It's not just about share ownership. As part of his deal with the Glazers Ratcliffe took full control of football operations at United. For example, he has the final say about hiring the manager, sporting director and executives. If Ineos retains control at Nice then it would breach the rules.
The share ownership is the main issue.
At the end of the day the Glazers have delegated football stuff to INEOS but still have the absolute final say. They have to with 75% of shares.
Ineos and CFG have some convincing to do at UEFA. Options are restructure (they've spoken about CFG selling shares in Girona or handing control to a blind trust run by UEFA (ha, as ****ing if).
Or one of the sides (Girona and United) drops down to the next tier comp.
It's control of football operations, not necessarily control of the company.
I think its a bit more structured than that.True. But they can just say on paper they (Glazers) have the final say and that should settle it. RB clubs probably came up with something similar when both were in the same comp.