INEOS react to suggestion Man Utd could be banned from Champions League

UEFA are putting plans in place to make sure that teams don't end up barred from European comPetitions in the event of multi-club ownership, 90min understands.

The issue has returned to prominence as a result of Sir Jim Ratcliffe's impending purchase of a 25% stake in Manchester United through his firm, INEOS, which already owns high-flying Ligue 1 side OGC Nice and Swiss club Lausanne-Sport, among other sporting ventures.

Given that Nice are one point behind Ligue 1 leaders Paris Saint-Germain and on course to qualify for the Champions League, concern has been raised over existing regulations that could theoretically scupper INEOS with Manchester United also gunning for European qualification.

UEFA's Champions League regulations state that no club in any UEFA comPetition may: "hold or deal in the securities or shares of any other club participating in a UEFA club comPetition, be a member of any other club participating in a UEFA club comPetition, be involved in any capacity whatsoever in the management, administration and/or sporting performance of any other club participating in a UEFA club comPetition or have any power whatsoever in the management, administration and/or sporting performance of any other club participating in a UEFA club comPetition."

UEFA previously investigated the links between RB Leipzig and Red Bull Salzburg in 2017 when both clubs were due to compete in the Champions League. It was noted the "unusually high" level of transfer activity between them and similarities in "visual identity". Ultimately, however, European football's governing body ruled both clubs were sufficiently independent and they even went on to face each other in the 2018/19 Europa League group stage.

90min understands that INEOS do not intend to give up Nice or Lausanne and are not concerned about a potential conflict with UEFA when the stake in Manchester United is official. Their plan is also not to go fully into multi-club ownership model seen elsewhere. INEOS have already been in contact with UEFA officials and have had assurances there won't be any major issues moving forward.

UEFA are aware that, without adapting regulations to stop clubs being punished, this could be something that continues to crop up as ownership groups become more common. City Football Group own or hold varying stakes in 13 clubs globally - including Manchester City, and five in Europe alone. One of those is Girona, who currently lead La Liga.

READ THE LATEST CHAMPIONS LEAGUE NEWS, PREVIEWS & RATINGS HERE

feed

Comments

Post a Comment

Popular posts from this blog

Famous 'Sycamore Gap tree' in northern England found cut down overnight; 16-year-old arrested

Image
Authorities in England have arrest ed a 16-year- old boy after one of the most famous trees in the world was cut down overnight Thursday. Authorities in England have arrest ed a 16-year- old boy after one of the most famous trees in the world was cut down overnight Thursday. The "Sycamore Gap tree," also sometimes known as the "Robin Hood tree," was found deliberately cut down early Thursday, according to officials. "Northumberland National Park Authority can confirm that sadly, the famous tree at Sycamore Gap has come down over night ," the park wrote in a statement. "We have reason to believe it has been deliberately felled." A rose lies near Sycamore Gap tree that was felled, in Northumberland, Britain, Sept. 28, 2023. Lee Smith/Reuters A picture taken on June 4, 2023, shows the Sycamore Gap tree along Hadrian's Wall near Hexham, northern England. One of the UK's most photographed trees, located next to the Roman-era Hadrian's W...
Read more

Donations by top 50 US donors fell again in 2023, sliding to $12B − Mike Bloomberg, Phil and Penny Knight, and Michael and Susan Dell led the list of biggest givers

The top 50 American individuals and couples who gave or pledged the most to charity in 2023 committed US$12 billion to foundations, universities, hospitals and more. That total was 28% below an inflation-adjusted $16.5 billion in 2022, according to the Chronicle of Philanthropy’s latest annual tally of these donations. The Conversation U.S. asked David Campbell, Angela R. Logan and Michael Moody, three scholars of philanthropy, to assess the significance of these gifts and to consider what they indicate about the state of charitable giving in the United States. What trends stand out overall? David Campbell: As was the case in 2022, more than one-third of these big gifts – $4.4 billion – went to donors’ personal foundations. Another $764.3 million flowed into donor-advised funds. Also known as DAFs, these charitable savings accounts make it possible for donors to reserve assets such as cash, stocks and bonds for future charitable gifts. That’s not necessarily a bad thing, ...
Read more

Celtics vs Nuggets 3/7 Same Game Parlay Picks at +520 odds | Pickswise

Tonight we may very well be seeing an NBA Finals preview. The Boston Celtics have been the clear cream of the crop in the Eastern Conference and have dominated the conference. With the likes of the 76ers dealing with key injuries and the Milwaukee Bucks still establishing their identity, they will be favorites to progress in the playoffs. The Nuggets are not far off the conference lead themselves and have a playoff proven team. Both teams will know they could see each other for their final game of the 2023-2024 season, which should make tonight’s matchup intriguing. You can check out all of our NBA picks for today’s Game s, but for now let’s jump into my Celtics vs Nuggets Same Game Parlay. Nuggets ML (-104) Jokic 10+ assists (+125) Jokic over 12.5 rebounds (+100) NBA parlay odds: +520 Denver Nuggets ML over Boston Celtics (-104) Both teams are coming into this game after a loss, with the home side having a much more urgent need to bounce right back. The Nuggets are just a g...
Read more