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

Parisian said:
From freezing to cancellation. The Financial Fair Play (FFP) as we know it may have run its course after just over 10 years. As reported by Gazzetta dello Sport, UEFA will discuss a new system of rules for continental football tomorrow in a videoconference at the European Parliament, which will be very different from the one devised in 2010 by the Platini-Infantino duo.

The basic idea, according to the newspaper, will be the transition from the idea of "spending as much as you take in" to "spending as much as you need without wasting". In light of the need to change the system there are obviously the economic effects of the pandemic, with disastrous figures far more than 2008, and virtually no clubs in line with the parameters.

The new model will therefore focus on waste and exaggeration, because football is in crisis but players' salaries and commissions to agents are not decreasing.

One idea could be the introduction of a salary cap, disguised as a luxury tax to ensure compliance with European regulations: you buy a player, you pay a percentage to be distributed to the system. In addition, sporting sanctions could be reduced in favour of greater economic sanctions.

In any case, it is unlikely that UEFA would want to impose itself on clubs without dialogue. The crisis requires shared action, but it must be done quickly. Not everyone will be happy, but something has to be done to protect the system. Foreign leagues, such as the German and Spanish leagues, which have been implementing stricter rules for some time, are well aware of this.

In Italy, on the other hand, it will be necessary to intervene as hoped by president Gravina, who was the first to launch the idea of a salary cap. The UEFA work has already begun with the aim of achieving approval by the end of the year, with entry into force from 2022, and a period of gradual adaptation, a few years, before going full steam ahead and consolidating better than the previous system.
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This won't fly, rags, Madrid and Barca have enough clout to stop it and it may as well be targeted at them.
 
domalino said:
What does that even mean? European bans for wasting £85m on Harry Maguire?
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Manchester United went from being an Europa League spot contender to being an UCL spot contender following Maguire purchase. It is not wasting.

City on the other hand went from winning the league to losing it to Liverpool to win it again this year. I see no progression here, thus their spending could be listed as wasting.
MeatHunterrr said:
Nah, they cant have different rules for certain clubs. That would die at CAS very very fast.
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It will not be fair however it is implemented.

For example, the luxury tax on salary. If i think about PSG and the higher french taxes, would it mean that PSG would pay a luxury tax for paying the same net salary for a player but obviously an higher gross salary altogether ?
 
Been away for a couple of hours. Any other sources to this story, or is it just the original one?
 
The problem with non-cartel clubs spending was that it could, and did, deny the cartel clubs the disproportionate income from the CL thus nullifying their financial advantage over the rest of the clubs. Hence FFP.

By amending the rules so that clubs with "history" automatically qualify for the CL that problem will be solved. So no need for FFP.

With spiralling debt from reckless overspending on shit players, Covid and, in some cases, failure to qualify for the CL on merit (united and liverpool I'm looking at you), it all fits together rather nicely.
 
Without even seeing the new regulations I can guarantee it will help Juventus, Milan, Bayern, Real Madrid, Barcelona and our 3 red English friends and hinder City and Psg or anyone else who wants to invest.

It took us 10 years to beat them on FFP instead of trying to compete they run to Uefa and scweeam its not fair.
 
I've said it and said it and said it since the day FFP came in:

What kind of industry declines enormous funding from outside? What kind of arrogance and stupidity is behind that?

the money that The Sheikh or anybody else puts into City or any other club filters through the entire football world.

I guess it took a pandemic to show them that football is not infallible, like all other industries.
 
The one thing guaranteed from this is it will all be bollocks. The original concept of FFP with debt a material consideration was diluted. The various illogical, pathetic and self-preserving knee jerk amendments since FFP inception, including the changes to temporarily relax FFP rules and the very recent kite flying on credit for coefficients and past glories and restrictions on player movement between top clubs reinforces the view that there is no easy way out of the maze..... That is without consideration of radical equalisation across leagues, continents, currency, inflation differences and TV rights etc. The big boys won’t support this. I don’t even think it can work without the Euro Super Lge taking off. The NFL closed model works because the US is a single country and franchise ownership is established.

The pandemic has thrown an Andy Morrison size fox into the cartel hen house. The one club model, dependant on merchandising, season tickets and TV rights cannot cope with the economic headwinds. A new Chumps Lge format with (say) an additional £30m per year to each of the big history clubs is a sticking plaster.

We remain an unwelcome guest. But attempts to bar us from the club have failed. We seem to be in a better position than most and our multiple club model and land development strategy now looks like a master stroke. European footy is at a crossroads.

With the current bunch of influencers in charge I have no confidence that a decent solution will be found.

Ultimately the greedy bastards will end up eating themselves and making everything worse in the process of trying to protect what they currently have.
 
The piss is starting to boil.

If true, and FFP is dead, or allows more owner spending, City have destroyed FFP, UEFA, and their cartel clubs, sadly, with the help of the COVID pandemic.

Manchester City banned from CL for 2 seasons and fined 30 million euros | CAS - Ban lifted, fined 10 million

Apart from one of the people on the CAS panel who thought they were guilty. Yes, the lawyer selected by UEFA sided with them, the lawyer selected by City sided with City, and the one mutually agreed sided with City. That’s how the case was always likely to go. This is well worth a read...
www.redcafe.net www.redcafe.net
 
Didsbury Dave said:
I've said it and said it and said it since the day FFP came in:

What kind of industry declines enormous funding from outside? What kind of arrogance and stupidity is behind that?

the money that The Sheikh or anybody else puts into City or any other club filters through the entire football world.

I guess it took a pandemic to show them that football is not infallible, like all other industries.
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One controlled and regulated by a select few companies operating within that industry.
 
Didsbury Dave said:
I've said it and said it and said it since the day FFP came in:

What kind of industry declines enormous funding from outside? What kind of arrogance and stupidity is behind that?

the money that The Sheikh or anybody else puts into City or any other club filters through the entire football world.

I guess it took a pandemic to show them that football is not infallible, like all other industries.
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I am sure it would be illegal in any other business to stop investment, an utter disgrace that it is allowed to happen!
 
It doesn't matter who's reported it. It will happen. The football industry has had a gaping finance hole blown out of it which needs to be filled. They'll be fucking begging us to buy Messi, Haaland and everyone else this summer.
 
aguero93:20 said:
This won't fly, rags, Madrid and Barca have enough clout to stop it and it may as well be targeted at them.
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I disagree, I think this would be very much welcomed. Take Haaland as an example, under current rules Madrid and Barcelona are probably 7th or 8th in the queue. Bring in salary cap (luxury tax) and suddenly they're in the game. If everyone is offering the same terms it will come down to life on the pitch and off it.

Both these clubs have to be taking long looks at themselves to figure out how they got here, what they can do to get out of it and how they can avoid any repeat. This idea looks like a perfect solution for them and the other traditional big clubs.
 
Sometimes I wonder, in their rare moments of lucidity, whether the owners/investors of the clubs that aren't one of the chosen elite look back on their decision to side against us and regret it?

If I was them, and I watched, as the four clubs at the top that we decided to hand over absolute power decide that the golden chalace of European qualification is now out of reach forever, no matter how well we invest and play, to leave us languishing in a cycle of income and expendeture to never reach the heights, I would regret that we were on the wrong side of history.

And what was it all for? Absolutely nothing, because we beat them all anyway. So now, they've nothing to aim for, nowhere to go, and the "big bad enemy" won.

Bunch of cunts.
 
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