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

Heidenreich said:
UEFA made a mess with FFP and now they realize it. For years they tried to punish PSG and City while their main enemies Barcelona and Madrid were planning a backstabbing.

FFP allowed the big clubs to act like an Cartel and gain supremacy against lower Team Clubs. Without FFP more big clubs would emerge and the discussion about a Super League wouldn't even be there.

UEFA deserves this now
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The irony is that Platini's original vision for FFP was centred around debt control. If Barca and the other cartel clubs hadn't been so vehemently against that, they (Barca) wouldn't have been allowed to get themselves into this current state
 
Heidenreich said:
UEFA made a mess with FFP and now they realize it. For years they tried to punish PSG and City while their main enemies Barcelona and Madrid were planning a backstabbing.

FFP allowed the big clubs to act like an Cartel and gain supremacy against lower Team Clubs. Without FFP more big clubs would emerge and the discussion about a Super League wouldn't even be there.

UEFA deserves this now
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Totally agree they made there beds know they have to lay on them "karma is a bitch."
 
It's actually quite incredible that while they were getting very angry with City for "reckless spending / breaking FFP / distorting the transfer market / etc" ... at the same time, behind the scenes, clubs like Barca were running up billion-pound debts.

A billion pounds !!!

Although apparently that is all City's fault too, for some reason.
 
Blue Theatre said:
It's actually quite incredible that while they were getting very angry with City for "reckless spending / breaking FFP / distorting the transfer market / etc" ... at the same time, behind the scenes, clubs like Barca were running up billion-pound debts.

A billion pounds !!!

Although apparently that is all City's fault too, for some reason.
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Behind the scenes?
In full view and with full support of the UEFA authorities, the media and the local football associations such as La Liga’s Foghorn Leghorn.
 
I think its about to become dead.

I dont even know when is the next check of the accounts. They said its changing to a 3 year period then due to covid they said they will check last two seasons in one.

Wolves got some punishment handed to them and some squad limitation in 2020 summer, didnt they.

Even if someone very much in the red I think due to covid they could not really do much.

PSG probably has the inside info on this from Ceferin and that allows them to do their business without worry. Certainly they positioned themselves more clever way than Soriano with all this Super League thing and now they have their top man very close to Rummennigge/Ceferin who seem to be now the big bosses.

FFP with current rules is not fit for purpose. Still you cannot underestimate the lobby power of clubs who created this shit in the first place, they still hate the idea of City, PSG spending big every summer while they cannot or choose not to due owners taking away profits etc.

at least its good for us there is a break between Uefa and Agnelli, Perez, Laporta who did hold huge power before it.
 
Damanino said:
I think its about to become dead.

I dont even know when is the next check of the accounts. They said its changing to a 3 year period then due to covid they said they will check last two seasons in one.

Wolves got some punishment handed to them and some squad limitation in 2020 summer, didnt they.

Even if someone very much in the red I think due to covid they could not really do much.

PSG probably has the inside info on this from Ceferin and that allows them to do their business without worry. Certainly they positioned themselves more clever way than Soriano with all this Super League thing and now they have their top man very close to Rummennigge/Ceferin who seem to be now the big bosses.

FFP with current rules is not fit for purpose. Still you cannot underestimate the lobby power of clubs who created this shit in the first place, they still hate the idea of City, PSG spending big every summer while they cannot or choose not to due owners taking away profits etc.

at least its good for us there is a break between Uefa and Agnelli, Perez, Laporta who did hold huge power before it.
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Since PSG takeover, I think City spent as much as them if not more.
 
sd33 said:

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Bayern’s disproportionate revenue and capacity to tap up the best internal talent has killed the Bundesliga - Schalke and Hamburg are playing in the second division there, while Dortmund seem to take pride in being a feeder club for Europe’s serious clubs. His proposed 50% salary cap would simply consolidate their domestic monopoly while still being able to compete with the continental elite.

I’m actually in favour of some form of strict regulation, but not something designed to exclusively neutralise the new money while restoring the previous elite; agree an annual spend that we can all adhere to, then let the best recruitment, coaching and academy development prevail.
 
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sd33 said:

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This view has to be respected, Rummenigge is a man of absolute integrity.

Suppose just for fairness, we could also point out he speaks for a club whose President served a jail sentence for tax evasion of 28m euros, then upon his release was automatically voted unopposed back into his position at that club.

Then Rummenigge himself who was given two watches worth up to 84k euros by a ‘mystery’ friend on a trip to Qatar after they had been awarded the World Cup, who then didn’t declare the ‘gifts’ upon his return to Germany and received a 250k euro fine, also no problem for Bayern Munich, so a club with officials who can be fully trusted and whose integrity on financial matters should not be questioned…

In addition, always worth mentioning their three main sponsors own 25% of Bayern between them, Adidas, Audi and Allianz, so three of their main sources of income own a quarter of that above suspicion paragon of virtue which is Bayern Munich, something that for some strange reason is very rarely mentioned when they are instructing other clubs on how they should be run.

Please, more advice from criminals with convictions of fraud on how fully audited football clubs should be run.
 
SilvaisSkyBlue said:
This view has to be respected, Rummenigge is a man of absolute integrity.

Suppose just for fairness, we could also point out he speaks for a club whose President served a jail sentence for tax evasion of 28m euros, then upon his release was automatically voted unopposed back into his position at that club.

Then Rummenigge himself who was given two watches worth up to 84k euros by a ‘mystery’ friend on a trip to Qatar after they had been awarded the World Cup, who then didn’t declare the ‘gifts’ upon his return to Germany and received a 250k euro fine, also no problem for Bayern Munich, so a club with officials who can be fully trusted and whose integrity on financial matters should not be questioned…

In addition, always worth mentioning their three main sponsors own 25% of Bayern between them, Adidas, Audi and Allianz, so three of their main sources of income own a quarter of that above suspicion paragon of virtue which is Bayern Munich, something that for some strange reason is very rarely mentioned when they are instructing other clubs on how they should be run.

Please, more advice from criminals with convictions of fraud on how fully audited football clubs should be run.
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Don't forget while Franz Beckenbauer was Bayern President he made a 10 million swiss franc bribe to get Germany the 2006 world cup and only escaped prison because of the statute of limitations.

AND leaks showed he received €4.5m in bribes himself for voting for the Russia World Cup.
 
Long Slow Goodbye said:
Bayern’s disproportionate revenue and capacity to tap up the best internal talent has killed the Bundesliga - Schalke and Hamburg are playing in the second division there, while Dortmund seem to take pride in being a feeder club for Europe’s serious clubs. His proposed 50% salary cap would simply consolidate their domestic monopoly while still being able to compete with the continental elite.

I’m actually in favour of some form of strict regulation, but not something designed to exclusively neutralise the new money while restoring the previous elite; agree an annual spend that we can all adhere to, then let the best recruitment, coaching and academy development prevail.
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I don't agree with the annual spend idea at all. It destroys the possibility of different strategies and of long term investment.
If you regulate the P&L, you harm competition and solve nothing.
The balance sheet is the place for regulation. Debt is what has damaged Barca etc.
 
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