City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

jrb said:
But clubs will still be allowed to pay a player 500k a week like the Rags to attract them. £26mill a year.
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Tbh that shouldn't be an issue now will be for 19/20 season we should be set then with 2 incomings a year assume 1 of those from academy and offset 10 or so academy prospects leaving on a fee to offset 1 purchase its certainly achievable.
 
Madness! So unfair on so many clubs.. forget city and PSG. We have tons of players we can sell for big money and raise the funds for big transfers. It totally disadvantages all the other clubs in the prem who might want to cos they’ve barely got any assets. It also encourages Chelsea to do what they do and have 1000 players on loan everywhere.. therefore allowing them to sell them all and have much bigger net spends.

If we just started giving more youth players serious chances at our first time we could get in a better cycle of spending where we don’t need to spend like that
 
East Level 2 said:
Is this to disadvantage PL clubs as we enjoy such ridiculous TV income compared to foreign leagues?
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It’s hard to see how it would pan out. I suspect premier league clubs would have a hole burning in their pocket with all the tv revenue. So the money would to go contracts rather than transfer fees. The big players abroad would then run their contracts down, leave for barely anything and get the most ridiculous wages you can imagine here..
 
Very misguided to lump us in with PSG, city is run differently. The establishment will be affected by this more than city anyway, the plastic mob down the road for example!
 
Wante to post Emma Robert's pinch GIF but this safer for work will have to do...

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All this will achieve is to take money out of the game, it will restrict the movement of players unless they are out of contract.

As such we will see an increase in the number of free transfers, it will result in the players getting all the money instead of the clubs.
 
razman said:



Specially aimed at us and PSG

the old clubs + UEFA can't bear to see us flourish under pep. PSG don't care either way...they will just spend
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None of the Serie A or Premier League clubs will vote for that, neither will PSG, neither will any club hoping for investment. In any case, they pushed their luck with the first incarnation and a lot of the original supporters (Arsenal, Milan etc) were hurt by it.
 
That's the rags goosed then. Aren't they planning on bringing in griezeman, bale, ronaldo, kane and courtois for next season? Unless it's a straight swap with Jones and fellaini and smalling and shaw,
Is this legit or a wind up?
 
Theengelbert said:
Madness! So unfair on so many clubs.. forget city and PSG. We have tons of players we can sell for big money and raise the funds for big transfers. It totally disadvantages all the other clubs in the prem who might want to cos they’ve barely got any assets. It also encourages Chelsea to do what they do and have 1000 players on loan everywhere.. therefore allowing them to sell them all and have much bigger net spends.

If we just started giving more youth players serious chances at our first time we could get in a better cycle of spending where we don’t need to spend like that
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Actually the article refers to limiting number of registrations which would stop Chelsea doing what they're doing and would really hurt CFG. Don't see how limiting the number of young players a club can develop would be defensible as a 'financial safeguard' though.
 
Jazzman said:
Is this why the rags and barca are so busy spending these days?
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Fishy isn't it? Article reckons Madrid are backing it as well, if that's the case they're fairly dense and Perez isn't dense. They might have some big outgoings lined up, but those could well fall through under these rules.
 
This will affect pretty much all the usual big spenders.

Both City and United would have failed this last summer.
 
cadds92 said:
This will affect pretty much all the usual big spenders.

Both City and United would have failed this last summer.
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City, Rags, Everton, PSG, Milan, Inter(?), Liverpool (summer 18), Arsenal will have to go over that at some stage soon, as will Chelsea. This won't get enough support from the ECA or the G14 and even if it does, it's detrimental to youth development and a blatant attempt to artificially regulate a free market that would be disastrous.
 
crazyg said:
Will that include agent's fees, or will they be hidden elsewhere in the accounts/Cayman islands?
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That's exactly where the money will end up going mate, agents getting huge fees from buying clubs to force their players fees down either by running the contract down or seriously agitating for moves.
 
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