CAS judgement: UEFA ban overturned, City exonerated (report out p603)

[Blueprint Blue]

Always have Loaded printed on the back of any City shirts I get

When on holiday you can smell the lemons around the pool when I wear one

Will get Exonerated on them for now

Ooh yes I like that, good shout. That would really set tongues wagging.

 

[Keeper!]

Thst smile at 4 seconds is priceless.

Wumiola.

His eyes look like he has been smoking a big fat one!!!

 

[Blueprint Blue]

Thst smile at 4 seconds is priceless.

Wumiola.

He really has gone to war with them hasn't he. A switch has been flicked and he's thought "fuck you all".

Get in there Pep!

 

[crazyg]

Surely burn them down.

Don't forget to smash their back doors in first.

 

[Stoned Rose]

When's the full decision out?

 

[Jesus H Gabz]

Thst smile at 4 seconds is priceless.

Wumiola.

That is the single funniest thing I’ve seen in this whole debacle, I’ve watched it 17 times & the wife is starting to get really p!ssed off! What an absolute legend Pep is, he knows exactly what he is doing, I’d implore any & every city fan to respond with this video when faced with a jealous, blinkered wum, there is no comeback

 

[BluessinceHydeRoad]

Under FFP UEFA tried to ban City for two years with a huge fine because they thought our owner had topped up one of our sponsor payments with £67.5m of his own money. But under FFP Barcelona are being allowed to borrow £800m from a US bank (interest of £75m a year) and put the entire club at risk by plunging it into huge debts. Nobody can possibly defend this system, apart from Javier Tebas, a fascist who is single-handedly destroying the reputation of Spanish football. The whole situation is beyond parody.

Spurs may well be in a similar position. They had the funding in place for their new stadium and a plan to pay off the debt. This could well have been ruined by the pandemic which has decimated revenue for this season and raised doubts as to whether it will recover fully in the foreseeable future. FFP means Spurs only have to pay the interest on the debt to be compliant, since even UEFA realised outlawing investment in stadia, academies etc would attract the ire of the courts almost immediately. But certain "big" clubs had plans for new stadia and anyway it would mire "smaller" rivals in debt, and the debt would be very real. So FFP will actually hit Spurs' recruitment of players for years to come and this is hardly unintended by the framers of FFP. Barcelona are in danger of becoming "collateral damage" but its hard to see what can be done about it since debt has to be repaid sometime. So Barca look to have completed the Holy Trinity - Manchester United, Spurs and Barcelona - of clubs in real danger. And Chelsea aren't a long way from joining them.

 

[BluessinceHydeRoad]

The sheikh could buy them and then close them down as there is only room for ONE Manchester club.

It's a dream but read TfEU and you'll find that would fall foul of the conditions laid down to permit prohibiting investment. Interesting to see the rags having to go to the ECJ to get a judgement.

 

[cookster]

No Martin Samuel. Gosh, that’s a surprise.

Not sure about the rest but Rory Smith used to write for a Dipper Fanzine.

I for one won't be watching.

 

[chesterbells]

Not sure about the rest but Rory Smith used to write for a Dipper Fanzine.

I for one won't be watching.

Yep and King who is listed as a NW reporter but actually seems to be Merseyside.

 

[HelloCity]

 

[bobbyowenquiff]

Good job investing in shopping malls is not against other sector rules then.
The way how things are going in USA malls may not be the wisest financial investment due to mounting debt however the Glazers are free to invest where they like and will quite rightly defend there right to use their own money as they like.

Except their whole empire is built on a mountain of debt. For example, according to their own website, the Glazers' retail property arm (First Allied Corporation) made sales of 30m dollars in its last reported figures (before Covid). It's not clear what profits they made, if any, on those sales.
Of course they hide their wealth in the Cayman Islands and pay virtually no tax on their profits from United so it is difficult to see their true worth. But what has been published are the huge dividends going out of United into the pockets of the Glazer family. At one stage they were under the investigation of the Inland Revenue but that inquiry seems to have been quietly dropped.
Of course non of this is getting any coverage in the media. There was a bit of scrutiny at the time of the Green and Gold campaign and some United fan bloggers have tried to find the truth. The story has just been ignored by the press and broadcasters in the UK.

 

[Gary James]

Thanks Gary. I recall reading that Davies was their owner for 25 years and he ran them at a loss every single year. Maybe you can confirm or clarify that.

I don't have their financials for every year of his ownership but the board were all employees of his brewery and there were lots of suspicion at times over the way the club was run. When he died the club found it difficult to survive and their average crowds were about 11,000 at one point in the early 1930s with some games attracting a little over 3,000 - lower than any of our league crowds at Maine Rd or the Etihad of course.

 

[oakiecokie]

What do you mean "if"?

It only gets used for peeing out of nowadays. ;)

 

[The Colonel]

I cant work out what you are saying there, you seem to have posted their views but where is your own comeback?

The point is how way of the mark and stubborn they are, it’s comical (to me anyway). My comebacks should be obvious, it’s not about me this.

 

[Mancity1980]

Don't forget to smash their back doors in first.

Steady Keith Lemon.

 

[Mancity1980]

Spurs may well be in a similar position. They had the funding in place for their new stadium and a plan to pay off the debt. This could well have been ruined by the pandemic which has decimated revenue for this season and raised doubts as to whether it will recover fully in the foreseeable future. FFP means Spurs only have to pay the interest on the debt to be compliant, since even UEFA realised outlawing investment in stadia, academies etc would attract the ire of the courts almost immediately. But certain "big" clubs had plans for new stadia and anyway it would mire "smaller" rivals in debt, and the debt would be very real. So FFP will actually hit Spurs' recruitment of players for years to come and this is hardly unintended by the framers of FFP. Barcelona are in danger of becoming "collateral damage" but its hard to see what can be done about it since debt has to be repaid sometime. So Barca look to have completed the Holy Trinity - Manchester United, Spurs and Barcelona - of clubs in real danger. And Chelsea aren't a long way from joining them.

Wow, that sounds like we are the only viable big club for the foreseeable future.

 

[Toffeedude]

So far Ancelotti is the only PL manager to have sent his congratulations on the result to City. I always liked him, I respect and admire him a great deal more now.

You can add the rest of us Toffee's to Carlo. Well done City.

Even better is you have wobbled a few heads of teams in red

 

[crazyg]

Steady Keith Lemon.

Merely quoting the standard advice on the "Off Topic" thread.

BTW. Who's Keith Lemon?

 

[SebastianBlue]

@bobbyowenquiff As we were saying...