Liverpool made £50,000 on Balotelli’s first day

Barny 11/09/2014
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Merchandising magic: Liverpool CEO Ian Ayre talks at the SoccerEx convention.

The President of the Spanish league, Javier Tebas, ruled out the possibility of Real Madrid and Barcelona playing each other in a competitive match outside of Spain during a discussion at the SoccerEx convention in Manchester.

Meanwhile Liverpool CEO Ian Ayre said that Liverpool sold £50,000 worth of Mario Balotelli shirts.


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QPR could be refused future entry into Championship

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Major punishment: QPR must pay their potentially huge fine for breaching Financial Fair Play rules.

QPR could be refused future entry into England’s second tier, the Championship, if they fail to pay a potentially huge fine for breaching Financial Fair Play rules.

Rangers, who will soon release their financial results, won promotion to the Premier League last season but could still be hit with a massive penalty should their losses match the £65.4million (Dh387m) they recorded for 2012- 13.

That fine could be as much £54m (Dh319.5m), although chairman Tony Fernandes (above) has indicated he would appeal.

Yet should they suffer relegation again, the Football League has the right to refuse entry to their competitions, and chief executive, Shaun Harvey, said: “We are satisfied we still have the ability under our regulations to charge them for a breach of our rules whilst they were in membership.”

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Financial Fair Play fines to be shared amongst European clubs

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Big hit: Manchester City had to pay a huge fine for not towing the line when it came to FFP.

Manchester City's huge fine for breaching UEFA's financial fair play rules is to be shared out around the other clubs in the Champions League.

City were fined £50million (Dh300m) for the FFP breaches but will only have to pay around £20million (Dh118m) if they comply with the break-even rules in future seasons.

The first tranche of payments from City, Paris St Germain and Zenit St Petersburg will total £20million and will be split among the Champions League and Europa League clubs who did comply with the rules last season.

A similar sum will be distributed to clubs who comply with the FFP rules in this season's European competitions.

European Clubs' Association chairman Karl-Heinz Rummenigge said UEFA had agreed the fines should go to the other clubs.

He told a news conference in Geneva: "It was an agreement between UEFA and the clubs that it was money belonging to the clubs."

The clubs will have a chance to argue any changes to FFP rules at a meeting with UEFA on October 13.

UEFA president Michel Platini said in his speech to the ECA: "The framework for financial fair play must be dynamic, it must evolve constantly, which is why I have convened an important round table on the subject with your representatives at UEFA headquarters on 13 October.

"We will see whether any imperfections can be ironed out and whether there is room to further improve the system." 

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