The Implementation of UEFA Financial Fair Play: An Analysis of Financial Performance of Manchester United

This study is aimed at analyzing the implementation of UEFA Financial Fair Play (FFP) in European football club namely Manchester United, a prominent club from England. This implementation is reflected on the club's financial statements of the year 2010, 2011, 2012, and 2013. The analyzes were conducted on the club's financial statements and the simulation result of the implementation of the UEFA FFP break-even in accordance with the conditions set by the UEFA. The analyses were also conducted on the club's financial performance ratios related to the implementation of the UEFA FFP. The result shows that Manchester United could meet the standards in the provision of UEFA implementation of the UEFA FFP. The performance of the profitability and solvency aspects need to be considered in the implementation of the UEFA FFP regarding to the high salaries and debt owned by Manchester United. An investment in football club is quite profitable, but the risk of debt owned is large too.