PL charge City for alleged breaches of financial rules

[Dribble]

Bring the division 2 PSR rules into the premier

What are they?

 

[york away to this!]

but but Henry Winter said this morning we cant have owners spending 1 billion then ditching the club
now i know money shrinking but who would invest a billion then wank off

If I had that much to fritter away, I would certainly think about it...

 

[KS55]

but but Henry Winter said this morning we cant have owners spending 1 billion then ditching the club
now i know money shrinking but who would invest a billion then walk off

The good sheik will be bored soon apparently.

 

[waspish]

What are they?

From 1 hour 17 mins in, Neville explains it well because his team is in that league!

 

[Mr Fraser]

As already mentioned, stadium infrastructure costs are not deducted from revenues for FFP purposes, so it doesn't matter how they are funded.

Thought dippers had £50m Stanley Park feasibility costs included for ffp?

 

[halfcenturyup]

Thought dippers had £50m Stanley Park feasibility costs included for ffp?

The "costs" weren't included in FFP expenses (like all infrastructure costs) so their losses went down. If that makes sense?

 

[JGL07]

But that means that being bailed out by the UK government allows them to finance player expenditure with money that should have been used by themselves on stadium development

There isn't a pups chance of the Rags getting any Government funding for their 'Wembley of the North' plan.

For starters, the goverment is strapped for cash and under pressure to deliver unfunded tax cuts. So who in their right mind would give cash to a one of the richest football clubs in the world who are owned by a billionaire tax exile and a dubious US family.

Can you image the odium that would come from supporters of the likes of Arsenal, Spurs, Everton, etc. who have built or are building brand new stadiums without any state hand outs? Much the same for teams like Newcastle, Liverpool, City, who have spent or are spending millions on stadium expansions. Governments don't give cash to lose votes.

Sure, the government will give encouragement and Burnham may work with them on such a project but no cash will be forthcoming.

 

[Silva61]

There isn't a pups chance of the Rags getting any Government funding for their 'Wembley of the North' plan.

For starters, the goverment is strapped for cash and under pressure to deliver unfunded tax cuts. So who in their right mind would give cash to a one of the richest football clubs in the world who are owned by a billionaire tax exile and a dubious US family.

Can you image the odium that would come from supporters of the likes of Arsenal, Spurs, Everton, etc. who have built or are building brand new stadiums without any state hand outs? Much the same for teams like Newcastle, Liverpool, City, who have spent or are spending millions on stadium expansions. Governments don't give cash to lose votes.

Sure, the government will give encouragement and Burnham may work with them on such a project but no cash will be forthcoming.

Ahh yes, but you didn't take into account they are a national treasure .

 

[halfcenturyup]

There isn't a pups chance of the Rags getting any Government funding for their 'Wembley of the North' plan.

For starters, the goverment is strapped for cash and under pressure to deliver unfunded tax cuts. So who in their right mind would give cash to a one of the richest football clubs in the world who are owned by a billionaire tax exile and a dubious US family.

Can you image the odium that would come from supporters of the likes of Arsenal, Spurs, Everton, etc. who have built or are building brand new stadiums without any state hand outs? Much the same for teams like Newcastle, Liverpool, City, who have spent or are spending millions on stadium expansions. Governments don't give cash to lose votes.

Sure, the government will give encouragement and Burnham may work with them on such a project but no cash will be forthcoming.

Don't underestimate the power of a sizable donation .....

 

[mancboy]

Ahh yes, but you didn't take into account they are a national treasure .

So was jimmy saville at one point, things changd

 

[bennyboy]

There isn't a pups chance of the Rags getting any Government funding for their 'Wembley of the North' plan.

For starters, the goverment is strapped for cash and under pressure to deliver unfunded tax cuts. So who in their right mind would give cash to a one of the richest football clubs in the world who are owned by a billionaire tax exile and a dubious US family.

Can you image the odium that would come from supporters of the likes of Arsenal, Spurs, Everton, etc. who have built or are building brand new stadiums without any state hand outs? Much the same for teams like Newcastle, Liverpool, City, who have spent or are spending millions on stadium expansions. Governments don't give cash to lose votes.

Sure, the government will give encouragement and Burnham may work with them on such a project but no cash will be forthcoming.

The main reason is it is wrong.So no doubt it will get pushed through.

 

[tolmie's hairdoo]

Not thick, but nowhere near as intelligent as he thinks he is. Being opinionated can mask a great deal - as you're aware.

I hear you, brother ;)

 

[WRicko]

I was thinking earlier about this "fair and market value" comment, as i understand it lets assume we sign a deal for £50 million but the PL say it should only be £25 million then we dont lose the money coming in, it just means there will be an adjustment to reduce the difference.

So how does it work if the Rags get government funding towards a new stadium? Surely and club who has developed their own stadium at their own cost would have a valid claim against the "fair and market value".

Your over complicating things government fund for stadium won’t affect anything

 

[BeerIsTheBest]

Don't underestimate the power of a sizable donation .....

Taxpayer cash may be forthcoming to fund some changes to the rail infrastructure or transport or whatever but personally I can’t see any cash being given to actually upgrade the stadium.
For one; I read that a ‘can‘ the gvmt is kicking down the road is the need to refurbish the Houses of Parliament. The need is desperate and a paltry £20b is needed to do the job properly. The rail network is failing, HS2 still needs its truncated resolution, power generation plant is desperately needed, the motorway network is a basket case in places. There is a menu of gvmt infrastructure spend projects like hospitals (remember the new 20?..), schools, and the promises to keep on Northern rail infrastructure etc etc before a bailout is gifted to a multimillionaire tax dodger.
The country is financially bankrupt.
in my view if the swamp is redeveloped/rebuilt funding will come from private investment with associated debt with the payback to investors coming from the housing that’s created.
Burnhams just seeking an angle to help the development of greater Mcr. He’s a chancer and it would be wise for him to remember that a decent percentage of the folk he represents hate, or could not give a shit about the scum.
If you want a view on Coe read about his interest a few years back in the plans for the redevelopment of Chelsea stadium. In similar vein Scruffy Jim is using the playbook he used when he was interested in buying 50% of Barcelona.
Burnham, Coe, Scruffy Jim, Neville et al - just a club of charlatans.

 

[terraloon]

But that means that being bailed out by the UK government allows them to finance player expenditure with money that should have been used by themselves on stadium development

You have many valid and yes justified gripes but sorry this potentially isn’t one that City or WHU come to that would get an sympathy

City already made alternative suggestions as far back as 2012 & the G14 Cartel Clubs fucked us off.

There's now a growing realisation that these rules are fucked & will only work for those at the top.

What's lacking, & would put the cat amongst the FFP/PSR pigeons is a fully thought-through football finance alternative. Surely this has got to be better than us being like sitting ducks waiting for our enemies to conjure up more ways to crush us?

The G14 ( which ironically was in the end 18 clubs) was disbanded around 2008.
We Chelsea were invited to join but declined . It’s quite amusing because this pressure group which only included three team from England ( Utd, Liverpool & Arsenal ) were the ones who first floated a Super League

 

[halfcenturyup]

You have many valid and yes justified gripes but sorry this potentially isn’t one that City or WHU come to that would get an sympathy

You don't think there is a difference between clubs being asked to take over stadia that were being built anyway for national sports events as a way to mitigate the cost and provide a lasting community benefit, on the one hand, and a club asking for government funds to develop a brand new stadium for itself, on the other?

Sounds a little like sour grapes to me, which is unusual for you.

 

[Pontypool Blue]

but but Henry Winter said this morning we cant have owners spending 1 billion then ditching the club
now i know money shrinking but who would invest a billion then walk off

I'm hoping that is exactly what Scruffy Jim will do within the next 18 months, when reality bites and he realises what we already know - you can't polish a turd!

 

[terraloon]

You don't think there is a difference between clubs being asked to take over a stadium that were being built anyway for national sports events as a way to mitigate the cost and provide a lasting community benefit, on the one hand, and a club asking for government funds to develop a brand new stadium for itself, on the other?

Sounds a little like sour grapes to me, which is unusual for you.

It’s worth re reading the post to which I responded.Its not the issue with getting value out of a stadium built for other purposes it was the OP suggesting any grant would be wrong if it facilitated extra spending on player.

Of course seeing a stadium used long terms makes sense but both Cities and West Ham’s stadiums are assets that cost taxpayers ( local and National ) significant funds to build and both the clubs I mention like most clubs generate vast sums for the local communities but not having to fund in full a rebuild is a benefit

 

[Gone for a Burton]

Billionaire Yank owner
Billionaire Shareholder

NO PUBLIC TAX MONEY

NHS Hospitals
Trans Pennine Railways
Illegal immigration control
Legal immigration
reduction
Manchester Metro & integrated transport

Yewnytid,Glazers & scruffy Jim are tax exiles, and rat has used government (public) tax grants on several occasions to build factory's at someone else's expense.

The fact that Yewnytid have chosen NOT to invest in their crumbling swamp or surrounding area is NO justification for using public tax funds to build a new one for them.

KILL this slippery idea NOW before it gains any momentum.

The task force is an ID line up of disreputable chancers & oppotunists, none of who live in Manchester.

NO PUBLIC TAX MONEY !!

 

[Gorton_Tubster]

It’s worth re reading the post to which I responded.Its not the issue with getting value out of a stadium built for other purposes it was the OP suggesting any grant would be wrong if it facilitated extra spending on player.

Of course seeing a stadium used long terms makes sense but both Cities and West Ham’s stadiums are assets that cost taxpayers ( local and National ) significant funds to build and both the clubs I mention like most clubs generate vast sums for the local communities but not having to fund in full a rebuild is a benefit

Tbh I thought someone had to move into the stadiums or they become decrepid and fall down. And I didn't hear of utd or any other club going for them at the time.

So instead of that, if City right now were to ask for public money to move into a new stadium we all know what the answer would be. Even if we were still in Maine Road. Everyone would be shocked at multi billionaires asking for public money. The media would spin it against us.

And right now the media are being fed what to say by ratcliff and the utd corporate machine so that the country would come to accept that this is the right thing to do.