iSportconnect Hosts Successful FFP Masterclass
October 25, 2013
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iSportconnect and Field Fisher Waterhouse hosted a thoroughly successful Financial Fair Play (FFP) Masterclass on Thursday evening, in front of a room full of esteemed delegates.
The inaugural iSportconnect Masterclass event, hosted at the Field Fisher Waterhouse offices in Tower Hill, featured a panel of Javed Khan, the Financial Director (FD) of the Premier League, Nick Craig, the Director of Legal Affairs for The Football League and Daniel Geey, lawyer for Field Fisher Waterhouse and a specialist in advising clubs on financial regulations.
Khan started the evening with a presentation on the Premier League’s FFP rules, before Craig and Geey outlined the regulations in The Football League and UEFA respectively, highlighting to delegates the crucial details, the differences and the similarities in the rules.
A Q&A session was held afterwards, allowing those in attendance to discuss the detail of FFP, how the various codes will operate and what the consequences might be. As everyone is getting used to having FFP rules there was much debate around definitions, possible sanctions and how clubs cope with moving between leagues, or entering UEFA competitions, and therefore coming under multiple sets of rules.
Attendees included top Financial Directors from across the Premier League, The Football League, Premiership Rugby and Euroleague Basketball.
Michael Cunnah, iSportconnect Chairman, commented on the first Masterclass: “I am very pleased with the outcome of iSportconnect’s first Masterclass event. Our panellists gave a great account of what is involved and we quickly got down to the detail of FFP. This is such an evolving subject that I am pleased that we have tackled it and I’m sure that we will have similar events in the future to see how FFP is developing.”
Panellist and Field Fisher Waterhouse lawyer, Daniel Geey, added: “I have advised clubs regarding FFP regulations for some time and it is a fascinating issue that will be central to the sport, both in the immediate future and for years to come. It’s been clear, particularly in the media, that FFP is still a subject of some confusion and I think the Masterclass allows all involved to understand the regulations with real clarity.”
The FFP Masterclass is only the first in a series of events being held by iSportconnect. Keep an eye on iSportconnect.com for the next Masterclass.
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