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    Ex SD Chair Brian Lomax elected to UEFA financial control panel

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    Rickd
    Trust Admin

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    Ex SD Chair Brian Lomax elected to UEFA financial control panel Empty Ex SD Chair Brian Lomax elected to UEFA financial control panel

    Post by Rickd on Sat Nov 14, 2009 1:41 am

    Former SD Chair appointed to Key UEFA Committee

    Former SD Chair Brian Lomax has been appointed to UEFA's new Club financial control panel.

    Lomax recently stepped down after four years as chair of the organisation that advises fans on how to gain representation at board level at their clubs across the UK and Europe.

    SD Chief Executive Dave Boyle said of the appointment, "This committee is going to be one of the most important in European football, and for someone to be appointed from a background in the supporters' trust movement is a fantastic vote of confidence in the movement from UEFA, and underlines their real commitment to serious engagement with supporters in general."

    Lomax recently stepped down after four years as chair of the organisation that advises fans on how to gain representation at board level at their clubs across the UK and Europe - with groups in 14 countries across the Continent including Spain, Italy, Germany and Finland.

    According to the data collected by UEFA, 50% of the European clubs have losses and the huge spending on players produces constantly an inflationary effect with consequences on the whole club football movement. The implementation of FFP rules will aim to improve financial fairness and long term financial stability of club football - something that is a key a UEFA priority

    With the new FFP rules UEFA wants to:
    • Encourage clubs to compete with their revenues;
    • Decrease pressure on player's salaries and transfer fees and limit inflationary effect;
    • Encourage clubs' long term investments (infrastructure, youth) to the detriment of short term spending;
    • Protect the sustainability of European club football as a whole

    UEFA website for more on the work of the panel.
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    swinnow
    Youth
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    Ex SD Chair Brian Lomax elected to UEFA financial control panel Empty Re: Ex SD Chair Brian Lomax elected to UEFA financial control panel

    Post by swinnow on Tue Nov 17, 2009 8:52 am

    Heartening to see just how far the trust movement has come. The reason why we are here is because of Brian Lomax - he spoke at the first ever Trust meeting.

      Current date/time is Thu Sep 19, 2019 9:37 am