This study aims to analyze the implementation of UEFA Financial Fair Play (FFP) to European football clubs. Research is conducted based on Arsenal and Manchester United football clubs financial statements for 2010-2012. The study uses financial simulation to test whether the two England-based club are able to meet the UEFA FFP rules. Analyses were also conducted on the financial performance ratios of both clubs and their effects on the implementation of the UEFA FFP. The result is the two clubs can meet the standard provisions for the implementation of UEFA FFP. In the assessment of financial performance, Arsenal have a slightly better financial ratios than Manchester United. Performance aspects of profitability and solvency became an issue in the implementation of UEFA's FFP, related with debt holdings and high salaries that owned by both clubs.
This paper discusses the potential risks and dangers associated with the oil and gas industry. This industry is essential for meeting energy needs and generating foreign exchange income, but it also poses significant risks, such as accidents, fires, explosions, and environmental contamination. Neglected work and safety procedures can result in catastrophic economic losses and have far-reaching effects on society and the environment. The study describes three significant accidents in the industry that were caused by internal and external factors. In order to comprehend the causes of these incidents, this study suggests three risk analysis techniques: Failure Mode and Effect Analysis, Fault Tree Analysis, and Hazard and Operability Study. The paper asserts that by employing these methods, incident data can be obtained to enhance security and reduce the likelihood of future accidents. Overall, this study emphasizes the significance of safety measures, environmental management, and total quality management in the oil and gas industry in order to avoid fatal outcomes and environmental impacts.
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