bobbyowenquiff
Well-Known Member
Well he ran a club into the ground leaving scores of people out of pocket.I've met rocks with more brains than Simon Jordan. How he ran a football club I'll never know.
Well he ran a club into the ground leaving scores of people out of pocket.I've met rocks with more brains than Simon Jordan. How he ran a football club I'll never know.
Gary Neville is right. FFP is entirely the wrong way to assess and monitor financial stability. When people say it wasn't designed to stop investment by owners like Sheikh Mansour, that's EXACTLY what it does and appears to be designed to do. What it should be doing is making sure investment is responsible and sustainable. Just looking at the P&L account and adding back or subtracting a few miliion here and there simply doesn't come close to achieving that.
The classic example of FFP is that you can have a club that makes a great profit, say £30m, in one year, then the owner starts to run it irresponsibly and it just breaks even the next. Finally. in the third year, it makes a £30m loss. That club would pass FFP yet just a cursory glance at the trend of the bottom line should be ringing alarm bells.
sorry If already mentioned but @Karen got quoted lol
Is Tyler the ‘independent’ one on account of the fact that it might be Niall Quinn?Sir Alex Ferguson, Martin Tyler & Jamie Carragher.
Gary Neville is right. FFP is entirely the wrong way to assess and monitor financial stability. When people say it wasn't designed to stop investment by owners like Sheikh Mansour, that's EXACTLY what it does and appears to be designed to do. What it should be doing is making sure investment is responsible and sustainable. Just looking at the P&L account and adding back or subtracting a few miliion here and there simply doesn't come close to achieving that.
The classic example of FFP is that you can have a club that makes a great profit, say £30m, in one year, then the owner starts to run it irresponsibly and it just breaks even the next. Finally. in the third year, it makes a £30m loss. That club would pass FFP yet just a cursory glance at the trend of the bottom line should be ringing alarm bells.
No but it shows up FFP for the nonsense it is.I agree but that line of defence won’t help City at this stage or will it?
I've done 3 in the last 3 days. Bolt From The Blue is my usual home, I did Ian Cheeseman's Forever Blue on Sunday, where we mainly talked about home game issues but I did a 10-minute vlog beforehand on this, and I've just come off the Man City Show. All are always worth listening to.
It might help to reduce the negative tide in the media a bit. That would be good for our morale if nothing else.I agree but that line of defence won’t help City at this stage or will it?
"...The investigation will focus on several alleged violations of FFP that were recently made public in various media outlets" (UEFA statement 7 March 2019) was all the information given about the scope of the investigation, but it does say "several" violations and it does specify that that these charges arise out of media reports, almost certainly Der Spiegel. Stefan Borson argues that UEFA cannot reopen a case where the time limit has expired and I pray that he is right. The only thing that worries me is Chumillas's email. Conn's details of Khaldoon's membership of the executive council is not a cause for concern because he is not part of the ownership structure at City? And a "US aviation industry document" is nothing like authoritative enough on its own to call into question City's or Etihad's accounts. But can the Chumillas email be used as evidence that City misled the original investigation and that the investigation can be reopened? Would this amount to City "overstating sponsorship revenue" both in our accounts and the break even information even if the information in Chumillas's email could be proven to be accurate? Would the fact that the scope document appears to have been passed on to City only after the referral decision make any difference apart from suggesting a very flawed process?
I've done 3 in the last 3 days. Bolt From The Blue is my usual home, I did Ian Cheeseman's Forever Blue on Sunday, where we mainly talked about home game issues but I did a 10-minute vlog beforehand on this, and I've just come off the Man City Show. All are always worth listening to.
Jordan has been making one defamatory comment after another for months. I don't understand why we have not taken action against him. His comments have been broadcast and repeated online. It would be easy to stop him not least because it prejudices our chance of a fair hearing. He has told lie after lie. He can't prove any of it so would lose against any action we take.
How confident are you PB? The more I read, the more I think our appeal will fail or only result in a reduction in penalty rather than being thrown out
Adrian Durham (sp?) On talksport fully backing City earlier. Was good to hear. Slagging the rags and dippers off and getting to the true heart of FFP and it being about protecting the few at the expense of competition. Goughy agreeing.
Then Neville saying that?! Wow. For any of us who have been to the swamp and seen him goading us, the 4-3 game stands out for me where he was really being a dick to us...I couldn't have hated anyone more...but as a pundit I can only say he is a rare example of a great knowledge and assessment of the game and impartiality. Yes he hates us and loves the rags but he doesn't let that impact his opinion. I wouldn't be able to swallow my feelings towards the rags.
The fact Liverpool are doing well and we are the only team that could stop them, and he hates them more, probably softens his view mind.
It depends exactly what action and when they are alledging broke the rules. 5 year rule is exact days.They started the investigation just before the 5 years was up so they are OK on that front
Tell us more.Arsenal have the greatest history of any team in the world.
Historically they have had influence over the fa for more than a century and at one time were the fa.
Punishing clubs who won or threatened to win trophies
Historically the biggest cheating bastards in world football.
Their revenue is that, their cash reserves aren’t though. 90% of their revenue goes out to clubs for CL payments.A quick Google search shows UEFA revenue for was over 2 billion euros. They’ve got a few bob
“UEFA (Union of European Football Associations) total revenue 2004-2018. This statistic shows the total revenue of the UEFAfrom the 2004/05 season to the 2017/18 season. The season runs from July 1 to June 30 of the following year. The revenue of the 2017/18 season was 2.79 billion euros.”
City will not want this in the courts for 10 years for a variety of reasons. Not least as it will effect any potential negotiations of new sponsorship deals. Uncertainty is not a good thing
No but it shows up FFP for the nonsense it is.