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

aguero93:20 said:
They take out huge salaries now instead. They also hold 100% of the voting shares so can approve whatever they want for board salaries.
Click to expand...
£20M/year in "management fees" last time I looked. I'm sure the rags are benefiting from their sage like advice.
 
aguero93:20 said:
The senior players at the B teams are the ones happy to stay around and guide younger players, the others don't get offered contracts or are released. Delefeou is the only player I can think of that's moved straight from the B team to a major club (Everton).
Click to expand...

I don't see it as any great advantage in the transfer market. So the advantage would have to come from players actually used.

It would be an advantage if all these clubs' 'B' teams produced the majority of their first team stars, but if you look at the 'top' teams, abroad, the advantage is in the squad players which the 'B' teams mainly produce, & there is nothing stopping clubs in this country from promoting a stronger 'B' team league & putting more emphasis on it, apart from they can't be arsed enough to do it, at the moment.

I very much doubt that even comes into UEFA's thinking. It does however, make City's 'football group' much more difficult to manage.

And that will be the absolute first thing on David Gill's mind, to sell to the cartel, because the other clubs are unwilling to invest enough to match it & it threatens Utd's long term 'global' exaposure, which will be the case with many of the other cartel members.
 
Neville Kneville said:
I don't see it as any great advantage in the transfer market. So the advantage would have to come from players actually used.

It would be an advantage if all these clubs' 'B' teams produced the majority of their first team stars, but if you look at the 'top' teams, abroad, the advantage is in the squad players which the 'B' teams mainly produce, & there is nothing stopping clubs in this country from promoting a stronger 'B' team league & putting more emphasis on it, apart from they can't be arsed enough to do it, at the moment.

I very much doubt that even comes into UEFA's thinking. It does however, make City's 'football group' much more difficult to manage.

And that will be the absolute first thing on David Gill's mind, to sell to the cartel, because the other clubs are unwilling to invest enough to match it & it threatens Utd's long term 'global' exaposure, which will be the case with many of the other cartel members.
Click to expand...
That's the whole point though, ourselves and Chelsea need the loan market as nobody else is bothered.
 
Neville Kneville said:
How exactly is it anti PL compared to 'anti' any other league ?
Click to expand...
1. PL clubs' income is higher, but it stops to be an advantage if you're not allowed to spend.
2. Bayern and Madrid have a luxury of signing talents from their leagues for peanuts (Lewandowski, Goretzka, Asensio, Ceballos, Theo etc.) as the competition for players is (almost) absent.
3. The pool of domestic young talent in France, Germany and Spain is much better than English one.
 
This could actually end up shooting clubs in Europe in the foot. Many of them depend on PL clubs raiding them for players to get a big payout (think Monaco). If the PL clubs are restricted in their spend then the 'trickle down' of the PL money could disappear.

Be careful what you wish for....
 
Andrew___K said:
1. PL clubs' income is higher, but it stops to be an advantage if you're not allowed to spend.
2. Bayern and Madrid have a luxury of signing talents from their leagues for peanuts (Lewandowski, Goretzka, Asensio, Ceballos, Theo etc.) as the competition for players is (almost) absent.
3. The pool of domestic young talent in France, Germany and Spain is much better than English one.
Click to expand...

The first one is the only one that really is a limitation on the PL.
 
Andrew___K said:
1. PL clubs' income is higher, but it stops to be an advantage if you're not allowed to spend.
2. Bayern and Madrid have a luxury of signing talents from their leagues for peanuts (Lewandowski, Goretzka, Asensio, Ceballos, Theo etc.) as the competition for players is (almost) absent.
3. The pool of domestic young talent in France, Germany and Spain is much better than English one.
Click to expand...

1) It means Aston Villa, Leeds & Wolves, if promoted, have the same transfer spending power as Real Madrid.

2) There are only so many players Real Madrid or Bayern Munich can sign.

3) Aston Villa, Wolves & Leeds would be playing in a league where many of europe's players want to be.

4) If it became important for clubs here to produce their own players, they would very quickly, improve & start doing it.

5) With the popularity & spending power of Premier League clubs, see how far UEFA would get, by pissing off Manchester Utd, Manchester City, Chelsea, Arsenal & Liverpool (as well as PSG & several other big clubs abroad)

6) Hence it won't exist in that form. It will be a refined version, designed to hamper City & help the cartel, which includes several Premier League clubs in particular Utd, Arse & Liverpool who will help try to tailor it to shit on us.
 
@Prestwich_Blue given we were cutting it fine last season in terms of making a small profit and we appear to be spending a small fortune this window, how much d you think we've reduced our amortisation down by in extending the contracts of KDB, Dinho and Otta?

(or does it not really matter as we sold a load of players in the summer 2017 after the accounting period already released had finished.)
 
Last edited by a moderator:
My understanding very roughly as I don't know if half years are important, de Bruyne was 55M on a 6 year deal (wikipedia). Amortisation is therefore about 9M a year.
2 years amortisation makes that a book value of 37M, now spread over 6 more years, so 6M and a bit a year on the accounts
Saving of about 3M/year.
Fernandinho's will be pretty small, I'd think, as the contract was almost up.

It appears to be a fairly minor effect overall. Assuming transfermarkt figures are reasonable (222M gross purchase), and guessing at 5 year average, that amortises to 45M a year on the books for this season's purchases alone. To that, there is 85M sales income.
 
Listening to Talkshite discussing it yesterday.
Nice of them to single us and PSG out as likely to be most affected by any change in FFP.
They obviously think its 2009 and have ignored our income currently.
Listening to them discuss our likely drop out of the top 20 in DeLoittes rich League was fucking hillarious
 
Kinkys Left Foot said:
Listening to Talkshite discussing it yesterday.
Nice of them to single us and PSG out as likely to be most affected by any change in FFP.
They obviously think its 2009 and have ignored our income currently.
Listening to them discuss our likely drop out of the top 20 in DeLoittes rich League was fucking hillarious
Click to expand...

I'm sure some time ago on here someone pointed out we even made that top 20 when Pearce was our fucking manager! So how they can think we'd drop out of it now is beyond me!
 
SWP's back said:
@Prestwich_Blue given we were cutting it fine last season in terms of making a small profit and we appear to be spending a small fortune this window, how much d you think we've reduced our amortisation down by in extending the contracts of KDB, Dinho and Otta?

(or does it not really matter as we sold a load of players in the summer 2017 after the accounting period already released had finished.)
Click to expand...
Well it matters but don't forget that our wages are double the amount of amortisation so selling players ornot renewing their contracts effectively frees up cash, as does extending contracts. One on its own may not make much difference but extending 5 or 6 will make a difference. That would be equivalent to taking something like 4 senior players off the wage bill.

Also the proft from selling players like Iheanacho, where we had little or no purchase cost, goes straight onto the bottom line. We probably generated something like £50-60m transfer profit alone last summer, which will be reflected in the accounts to June 2018.
 
The easiest way to put an end to the constant wrangling over FFP is for all transfers to have a 10% levy imposed on them and collected by UEFA. This money could then be used [ostensibly] to improve facilities throughout Europe whether this be at grass roots level or as grants towards the improvements of old or dangerous stadia, or even as direct intervention into struggling clubs such as Blackburn and Blackpool, clubs where supporters have been bled dry by owners who have no qualms about destroying a club and it's heritage just for personal gain. This will never happen of course, but the self interest of UEFA executives seeing a pile of money coming in, and with expenses guaranteed, would see many a blind eye being turned towards ever rising transfer fees.
 
Did Striani (the Bosman lawyer) give up on his legal challenge to FFP? I think the ECJ said they wouldn't adjudicate because the Belgian court hadn't really looked at it (the Belgian court knew it would go to the ECJ so just tried to refer it to them upfront).
 
I don't know why anyone gets wound up by 'Financial Fair Play' or even bothers mentioning it.

Any lawyer or someone with a knowledge of how business law operates is that it is fundamentally anti-competitive. Football clubs are operated as businesses. The fact the head of La Liga has verbal diarrhoea and claims rivals are cheating would be enough to disturb many lawyers.

The UK banned mandatory fee scales decades ago. The EU has the OJEU on procurement which ensures all applicants get a fair shot. Football fans don't understand it. Some clubs could quite successfully challenge it in the courts but this would make them an enemy of the 'football elite' which is an uncomfortable place to be. So pragmatism is the order of the day.

I suspect Dupont, Striani et al gave up because the UEFA FFP regulations were so watered down it was pointless spending money and time on it in court any further.
 
Last edited:
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top