Bastia fury over debt ‘lies’ as owner says club will stay in Ligue 1

bastia

By Mark Baber
July 2 – With France’s Direction Nationale du Contrôle de Gestion (DNCG) having declared that Corsican club Sporting Club de Bastia should be relegated to League 2 on financial grounds, irrespective of having finished 12th in the Ligue 1 last season, the club today reacted angrily to reports the sale of Ryad Boudebouz would be insufficient to see the decision reversed.

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CONCACAF brings in specialist to review operations

CONCACAF logo

By Paul Nicholson
July 1 – CONCACAF has called in management consultancy Alvarez & Marsal to review its finances and operations. The confederation that was rocked by the arrest of its president Jeffrey Webb and vice president Eduardo Li, has moved swiftly to establish a review of its procedures already having installed a ‘Special Committee’ of its three senior north American federation presidents to stabilise the organisation.

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UEFA tweaks FFP to allow clubs to invest new cash

UEFA3

By Andrew Warshaw
June 30 – UEFA’s tweaked financial fair play rules come into effect tomorrow with the organisation re-iterating the system has been a success despite the highly-publicised legal challenge from Belgium which threatens to undermine years’ of painstaking work to ensure clubs balance their books.

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