PL charge City for alleged breaches of financial rules

football is a mess and the greed of the 3 red tops +1 look set on destroy our game.

These clubs that are being charged arent in a financial mess. It is ridiculous that you can huge debt fail the UEFA ffp but still pass the pl ffp

How can football allow rags to be nearly a billion in debt, a stadium that is falling down, roof leaks like a sieve, cant even put a big screen in the swamp, rags want the tax payers to pay for a new stadium. All this is ok under ffp it's a fucking joke.

Why other clubs are now waking up to it is beyond me, it was obvious want was the plan was. But still these clubs bang on 'what about City'. Bloody hell we arent the bad guys it's the 3 red tops +1 who are the bad guys.
 
I'm Blue said:
I'm beginning to wonder if this shit show is now being done internationally.
Masters and the rest of his shit cunts have backed themselves into a corner with seemingly no way out.
That is unless the independent regulator takes it out of their hands and then the PL can say "well we tried but it was taken out of our hands"
Saving face in the process.
As it stands it doesn't look like they could run a bath.
The whole thing is a mess and they are destroying the PL from within.
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Maybe that’s their intention destroy it and a new format/league pops up ..
 
bluenova said:
But the idea isn't to encourage losses - it's to accept that they may occur, but to try and minimise them.

It makes sense for it to be higher when the rules are introduced, as clubs will have contracts with players, outstanding transfer fees etc.

Increasing the amounts involved would suggest that losses are fine.

To put the £213m that Kieran Maguire mentions in context; while it's not enough to help any club compete with the top Premier League clubs, it's still a significant amount to lose. There are only twenty football clubs in the World with yearly revenues higher than that figure.
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It’s £71 per season. A tiny amount. The cost of a decent midfielder.
 
gordondaviesmoustache said:
I never said the idea was to encourage losses, that would (somehow) be even more absurd than the current rules.

I was merely responding to what you said (whilst citing logic) namely that the idea of the rules is for clubs not to make losses, when the rules expressly allow losses. If the idea was for clubs not to make losses, then that it surely (and logically) what the rules would provide for.

The idea is plainly to limit losses, and that limited losses are actually ‘fine’ in certain circumstances - and on that basis it is logical and warranted to increase those allowable losses to reflect inflationary changes in wages and transfer fees etc... especially given the period involved, namely 11 years.
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But it's not logical. If a club declares a loss of £125m in year t-2, breaks even in t-1, and then reports a £15m profit in t-0, they'll in theory fail PSR as their aggregate losses are £110m. If those figures were reversed, so they report a £10m profit in t-2, break even in t-1, then report a £125m loss in t-0, they're clearly in a worse situation than in the first scenario, despite reporting exactly the same aggregate losses. What happened 3 years ago has little or no bearing on the current situation or future prospects.

As an example, as at May 2008, our aggregate losses over 2006-2008 were £25m. We'd have easily passed PSR. Yet on July 1st 2008 we couldn't pay the £15m due for the previous summer's transfers, and were days away from going into administration.

There is simply no way you could describe a system of financial regulation that supposedly encourages sustainability, but would allow that to happen, as 'logical'.
 
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give it to gordon said:
football is a mess and the greed of the 3 red tops +1 look set on destroy our game.

These clubs that are being charged arent in a financial mess. It is ridiculous that you can huge debt fail the UEFA ffp but still pass the pl ffp

How can football allow rags to be nearly a billion in debt, a stadium that is falling down, roof leaks like a sieve, cant even put a big screen in the swamp, rags want the tax payers to pay for a new stadium. All this is ok under ffp it's a fucking joke.

Why other clubs are now waking up to it is beyond me, it was obvious want was the plan was. But still these clubs bang on 'what about City'. Bloody hell we arent the bad guys it's the 3 red tops +1 who are the bad guys.
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We are the club that used to be ‘normal’ until we won the lotto then our ‘friends’ decided to become consumed with jealousy and hate.

So although they may not like the red clubs, they never hated them to this extent and accepted their historical position as the natural order but with city it’s a different type of hate that has lost a sense of decency.

The hate is wrapped in jealously that’s why it is rampant. Imagine your mate won the lottery, next things he is driving around in a fancy car with a big new house and a sexy baldy under his arm. Instead of moving away, he is on the tele 24/7 winning.

Anyway, the rules are on the rocks:

Everton who are pricks
Forest okish
Leicester taking the fight to court is welcome.

All the while, rags owe a billion and have already avoided scrutiny with the yanky murdering folk already buried their indiscretions under a fake build.

Who’s next? Tell you who it won’t be? The mighty fucking blues -:)
 
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gordondaviesmoustache said:
The two aren’t mutually exclusive and in my estimation he is unquestionably useless.

Firstly, he was picked after others were appointed and subsequently inexplicably resiled from taking the role. That is very telling imo, given the profile and responsibility attached to the job. Being offered a such a job then walking away is highly unusual. For it to happen more than once, truly exceptional. This demonstrates that he wasn’t objectively the ‘best’ candidate and also that he was likely prepared to operate in a way the others weren’t - but that doesn’t stop him being useless.

Secondly, he has spectacularly miscalculated with regards to these charges against City and has placed the PL in a wholly unnecessary and invidious position. This demonstrates extremely poor judgement and lack of vision, both loudly proclaiming his uselessness.

Thirdly is the wider way the financial rules are currently playing out within the most successful sporting brand in human history, on his watch. He is presiding over a farce in relation to financial restrictions within the most commercially successful sporting product on the planet. That is actually absurd and further underlines his uselessness.

Fourthly, I’ve seen and heard him talk. A conspicuously unimpressive and uncharismatic man. Not someone who I think is remotely suited to a role that is palpably considerably above his talents.

In short, he is a useless ****.
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Surely they must take a vote in their boardrooms to proceed ?, what the fuck is Manu fan Alisson fucking Brittain doing over this shambles. You ld never believe were European Champions,thank god we've adopted a legend like Pep into our family, his tears at the end of the Villa game meant the world to me.
 
bluenova said:
I'm not arguing for PSR, but I thought the argument for not uprating with inflation was that they didn't want clubs losing money.
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The problem with fixed limits like that is that it will prevent any challenge to the existing order. No updating for inflation will make it harder and harder for any team to break into the elite group.

For many years, United, Liverpool, Arsenal, and Chelsea locked out the top four. That gave them access to European money and they were barely challenged without any spending restrictions in place. Over a long period they locked out the top four apart from when Everton edged Liverpool out. The rules were changed to put Liverpool back the in CL and Everton fell in the payoff round.

It was only when challenges from Spurs, City, (and later Newcastle) came in to that four that the established G14 clubs came up with FFP. It is now being used by the US owned clubs to ensure they can make money and stifle competition. Newcastle are being hidebound by FFP. Villa will probably be prevented from mounting a serious fight.

Such limits will prevent much challenge to the biggest clubs and destroy any real competition. I am sure that once these charges are dismissed, City will be happy with FFP.

That doesn’t make it right.
 
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