PL charge City for alleged breaches of financial rules

[halfcenturyup]

But couldn't that be possibly counterbalanced by spending nothing on transfers over that period?

That could be £70m - £100m per season not including player sales, increased sponsorship, stadium & merchandising revenue, more money for a higher league finish & any prize monies accrued.

Actual cash outlay on transfers in doesn't come into the P/L in year one, so doesn't affect FFP. If Chelsea spend a billion in one year it is the amortisation of that amount, 200 million a year, plus wages, say the same again, that shows in the FFP calculation. Even if they spend nothing for the next four years, the FFP costs will stay at 200+200 for the five years.

What they have to do is increase revenue to cover it: new sponsorships, more rewarding competitions and profit on player sales.

As @projectriver says, they were likely trying your approach, happy to take a fine. That was blown out of the water by the Everton judgment and now they are panicking. United too, to a lesser extent. Shame.

Unless I misunderstood your point.

 

[halfcenturyup]

Chelsea are in a bit of a pickle :)

First, the PL investigation for the concealment 2012-2019 as reported by Ziegler in the Times and reported by Chelsea.

Second, over and above that there was the additional concealment stuff reported by the Guardian from the Cyprus Confidential cache.

Then there are the current problems with the likely large breach for 23/24 if Swiss Ramble and projectriver are right of a £100mil+ plus breach. Both are trusted with their info albeit both say they will have a clearer picture after they see the final figures for 22/23. And of course Chelsea could reduce the scale of the breach for 23/24 if they get sales through this month or if they conjure up additional income from somewhere in what remains the last few months of 23/24.

Also, of course, it fucks them further if they don't make Champions League this year for big £££ in 24/25.

They aren't in a pickle. They are fucked. I said it twelve months ago, and six. I don't know what they were thinking.

 

[mancboy]

As much as i dont like to give this **** clicks, its well worth listening to his youtube channel for his comments on this today. Totally misses the point.

this figure couldnt find the point if there was a sign in front of his face with the point written on it

 

[citizen_maine]

They aren't in a pickle. They are fucked. I said it twelve months ago, and six. I don't know what they were thinking.

I guess they thought they'd 'only' get a fine

 

[halfcenturyup]

Chelsea are in a bit of a pickle :)

First, the PL investigation for the concealment 2012-2019 as reported by Ziegler in the Times and reported by Chelsea.

Second, over and above that there was the additional concealment stuff reported by the Guardian from the Cyprus Confidential cache.

Then there are the current problems with the likely large breach for 23/24 if Swiss Ramble and projectriver are right of a £100mil+ plus breach. Both are trusted with their info albeit both say they will have a clearer picture after they see the final figures for 22/23. And of course Chelsea could reduce the scale of the breach for 23/24 if they get sales through this month or if they conjure up additional income from somewhere in what remains the last few months of 23/24.

Also, of course, it fucks them further if they don't make Champions League this year for big £££ in 24/25.

Oh, I just had a thought. Do they have to comply with UEFA FFP to play in the CWC? I know, different association, but they are representing UEFA?

 

[Dribble]

Actual cash outlay on transfers in doesn't come into the P/L in year one, so doesn't affect FFP. If Chelsea spend a billion in one year it is the amortisation of that amount, 200 million a year, plus wages, say the same again, that shows in the FFP calculation. Even if they spend nothing for the next four years, the FFP costs will stay at 200+200 for the five years.

What they have to do is increase revenue to cover it: new sponsorships, more rewarding competitions and profit on player sales.

As @projectriver says, they were likely trying your approach, happy to take a fine. That was blown out of the water by the Everton judgment and now they are panicking. United too, to a lesser extent. Shame.

Unless I misunderstood your point.

You kind of understood my point, but I wasn't talking a bonkers £1bn outlay like Chelsea, more like £300m - £400m amortised over 5 years, £80m per season?

 

[citizen_maine]

Oh, I just had a thought. Do they have to comply with UEFA FFP to play in the CWC? I know, different association, but they are representing UEFA?

Good point. They only qualify for it as recent CL winners

 

[citizen_maine]

You kind of understood my point, but I wasn't talking a bonkers £1bn outlay like Chelsea, more like £300m - £400m amortised over 5 years, £80m per season?

It would depend how badly they breached the break even figure, and how the independent review viewed their attempts to comply

 

[halfcenturyup]

You kind of understood my point, but I wasn't talking a bonkers £1bn outlay like Chelsea, more like £300m - £400m amortised over 5 years, £80m per season?

Is fine, as long as revenue goes up to cover it, but again the FFP costs will be fixed at +80 for each of the next five years, plus probably another 80 for wages. So revenue would have to go up by 160 to cover it. And not one-off revenue either, recurring revenue to cover each of the next five years' costs, even if they invest nothing more for the next five years.

 

[halfcenturyup]

Good point. They only qualify for it as recent CL winners

Be hilarious if they get 40 million from FIFA for participating but then get fined 40 million by UEFA for breaching UEFA FFP :D

 

[johnnytapia]

I think the last time I saw Roger Cook on TV, he was getting into a spot of bother with the Triads in Manchester!

Ha ha great shout. He infiltrated every gang / scheme, including the IRA. Well and truly rumbled by our oriental friends. He had a Chinese bloke go undercover and the bloke was “outed” very very quickly.,They broke every bone in both his feet. Remember the programme showing the bloke in fucking agony in Princess Street. Hobbling around , screaming

 

[willipp]

Is fine, as long as revenue goes up to cover it, but again the FFP costs will be fixed at +80 for each of the next five years, plus probably another 80 for wages. So revenue would have to go up by 160 to cover it. And not one-off revenue either, recurring revenue to cover each of the next five years' costs, even if they invest nothing more for the next five years.

And surely thats the hard part. For 4/5 years they are always playing catch up on ammortised contracts. They spent fuck all for years so haven't got big contracts dropping off their accounts yet will want to keep spending year on year. So 80 million per year this year isn't offset by 50/60 million dropping off next year, it will just keep going up and up sharply until some of their initial spending starts to drop of their books. They will very quickly end up in a big pile of FFP poop.

 

[Petetheblu]

I'd probably arrest with hypoxia laughing.

But could you imagine the venomous piss boiling, the absolute umbrella burning spittle we'd endure, if Chelsea were docked points and City were handed the 2014 Premiership title and that feckin Champions League trophy the cnuts won when they beat us in the final...!!

Oh my lord the FALL OUT, I've get sacked from work for being on twitter to much. Could you imagine the plastic red shite!

Saying that, the tears would probably melt the ice caps and we'd all die a month or so later....

But what a MONTH..I'd take it and I'm fully in!!


***NAH fook that!! Just checked and it means that Spurs would win a title too, and there's something completely and fundamentally wrong with Spurs winning silverware.

Yeah, looks like the planet survives for now....

At least until the FFP findings!..hahaha.

 

[ganganvince]

I'd probably arrest with hypoxia laughing.

But could you imagine the venomous piss boiling, the absolute umbrella burning spittle we'd endure, if Chelsea were docked points and City were handed the 2014 Premiership title and that feckin Champions League trophy the cnuts won when they beat us in the final...!!

Oh my lord the FALL OUT, I've get sacked from work for being on twitter to much. Could you imagine the plastic red shite!

Saying that, the tears would probably melt the ice caps and we'd all die a month or so later....

But what a MONTH..I'd take it and I'm fully in!!


***NAH fook that!! Just checked and it means that Spurs would win a title too, and there's something completely and fundamentally wrong with Spurs winning silverware.

Yeah, looks like the planet survives for now....

At least until the FFP findings!..hahaha.

Fucking Reading

 

[city2]

It’s amazing how many loop holes that exist in all these investigations, there is only 1 loop hole I want closing and the aforementioned club disbanded and all trophies handed back and that is if your more than 700m in debt you have a months notice to settle or your gone, wiped from the history books. Now that I could handle.

 

[Petetheblu]

It’s amazing how many loop holes that exist in all these investigations, there is only 1 loop hole I want closing and the aforementioned club disbanded and all trophies handed back and that is if your more than 700m in debt you have a months notice to settle or your gone, wiped from the history books. Now that I could handle.

Gosh NO!! Who would those plastic unwashed fecks support then...

Sorry City2, we can't take the risk!!

School boy error, go back to the drawing board....

 

[dadnlad]

I guess they thought they'd 'only' get a fine

there still a chance of that as Gill rewrites the rule book

 

[bluemanchester]

Blimey, X/Twitter is on fire today.

The prime cum guzzler has spoken as well. I might am.

Blimey, X/Twitter is on fire today.

The prime cum guzzler has spoken as well. I might crack a beer open at 11 am.

It's been an enjoyable day on bluemoon and although I am nearly 5 hours late to your party and my first today, here's to the boiling piss.
Cheers M

 

[waspish]

Newcastle got to the CL with mostly mid-top table players. That's a decision individual players would have to make, so it couldn't be blanketly applied I'd imagine.

The point is if better players earned Newcastle a higher league finish (minus a 20 point deduction), the following season they'd have a far stronger squad & would be starting from zero like everyone else.

The point is it's not sustainable look at Leicester won the league now in championship!

Only way to stay at the top is finish top 6 minimum get better sponsors and keep getting top 6 push for top four! Unless you have a manager like pep and Klopp you need to be lucky!

 

[manimanc]

Is this table legit?


Point deductions aplenty.
I'm guessing Khaldoon has said to the Premier league if you want to take us down then you take everyone else down.
Fuck me the national league will look amazing next season.