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

[laserblue]

You’d imagine the Mail, the Grauniad, the WhatsApp group and UEFA will be all over this story from February, with an enquiry and disciplinary proceedings to follow………..Not holding my breath as there seems to be no Arab angle, no City angle and it does involve one of the ’history boys’.

https://www.fcbarcelona.com/en/news/2468760/delivery-to-the-provincial-prosecutors-office-of-the-conclusions-of-the-forensic-investigation/amp#amp_tf=From %1$s&aoh=16540174251743&referrer=https://www.google.com

 

[Brewster's millions]

I used to be surprised that no club looked at our model with CFG and thought "there's a good idea" and copied it. Looking at those figures then not one of them could afford it.

CFG took out a $650mn loan in July last year, so it is an extremely expensive business.

 

[Elbow beards]

It's like an old bloke who bought a big house 50 years ago and is still paying a crippling mortgage off, sneering at a young lad who bought a bigger and better house outright, bitching that it's just not right.

 

[waspish]

CFG took out a $650mn loan in July last year, so it is an extremely expensive business.

And has to be paid back in 2027

 

[give it to gordon]

Isnt it about time ffp was scrapped.

I dont understand how it can be wrong if I buy a business to invest in but get told I can only invest so much by other businesses that are in so much debt.

It cant be legal ?

 

[feedmpenzaandhewillscore]

Isnt it about time ffp was scrapped.

I dont understand how it can be wrong if I buy a business to invest in but get told I can only invest so much by other businesses that are in so much debt.

It cant be legal ?

It was never right in the first place and only reason it was brought in was to stop City. Did it stop the likes of Bolton and Bury going into administration? Did it stop Barcelona going into financial oblivion, no it didn’t. They will dream up something next to go after us with yet.

 

[JGL07]

It was never right in the first place and only reason it was brought in was to stop City. Did it stop the likes of Bolton and Bury going into administration? Did it stop Barcelona going into financial oblivion, no it didn’t. They will dream up something next to go after us with yet.

The problem with FFP is that it’s focus is entirely on profits and losses and says nothing about debts or sustainability.

To move from the situation of a mid table team to a challenger for honours requires very large investment in the playing squad. This will always mean short term losses until the investment starts to bring results.

City were faced with this issue after the takeover. Newcastle will no doubt experience much the same. FFP as constituted is simply a means of preventing competition. For years the old big four in English football dominated by scooping up the Championd league places each year and using the cash generated to outspend anyone else.

FFP was there to stop other teams from challenging the big four. It also had the effect of protecting the other teams from competition from the Championship. In the 1960s through to the 1980s, teams such as Ipswich, City, and Forest were promoted and quickly won League titles. Not any more.

Teams being promoted often are faced with the choice of not spending a lot and sinking back down immediately (Norwich, Fulham, Watford) or else overspending to stay up and then sinking even further as a consequence (Bradford City, Hull, etc.).

The operation of FFP enables owners to take over clubs (effectively for nothing) by loading the purchase price on to debts. This happened at United and since then at Burnley and other teams.

Meanwhile, City have been vilified for using a sustainable business model and reinvesting profits back into the playing squad rather than paying the owners large sums.

 

[hertsblue]

View attachment 45870

Exactly, not seen the latest debt figures with only 4 clubs inc us Debt Free anywhere in the media. Same as PL FFP where they quietly removed the wage increase cap at the time the Rags spent heavily and had lots of large contracts to renew. Stank to hell that did but again no media looked into it

 

[WRicko]

I used to be surprised that no club looked at our model with CFG and thought "there's a good idea" and copied it. Looking at those figures then not one of them could afford it.

That’s not entirely true

 

[The Light Was Yellow Sir]

Looks like Franco is after us again…
Launched a complaint to UEFA about PSG, Juventus and City, ‘ruining the ecosystem of football and not letting Spanish teams sign good players. I say Spanish teams, obviously I mean the La Liga presidents team, Real Madrid.

”When it comes to Manchester City, Tebas wants to know how the Premier League club could secure the transfer of Borussia Dortmund’s Erling Haaland since the entourage was asking for a hefty commission”.

https://psgtalk.com/2022/06/report-...les-complaints-against-psg-man-city-juventus/

https://football-italia.net/tebas-includes-juventus-and-man-city-in-complaint-sent-to-uefa/