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

FanchesterCity said:
They claim we are still under 'some' restrictions for 2016 - but haven't said what.
Everything they say and do is vague. Whatever happened to be transparent about things?

For the large part, they seem to be saying we're in the clear though, I just don't like little loose ends not being tied up.
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well Harris has tweeted


city not in the clear completely as still will be subject to strict FFP monitoring & must meet break-even targets next yr
 
moomba said:
People making out like we've got away with it. We've met all the terms of our settlement so not really a big deal at all.

But pleased UEFA havent moved the goalposts again.
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Quite so. Anyone thinking it's a retreat by UEFA is wrong. They set conditions and we met them. Even UEFA wouldn't have dared move the goalposts under those circumstances. They know they'd have been up in court if they had done.

I said at the time this was a win-win situation, even though it may not have seemed like it. UEFA got to look tough in imposing the first set of sanctions but weren't able to be as tough as they perhaps wanted to be. We took a hit but that was of relatively little impact in the wider scheme of things.
 
moomba said:
People making out like we've got away with it. We've met all the terms of our settlement so not really a big deal at all.

But pleased UEFA havent moved the goalposts again.
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That's always going to be the case. When we failed FFP (regardless of reason), many opposition fans and clubs thought we'd been caught 'fiddling', now we're deemed to be on track, we've fiddled that too. Any Middle East sponsorship deal is some 'scam' too.
Haters gonna hate.
M18CTID said:
Tin hat on - it's actually a good forum overall with some decent posters. Obviously a fair smattering of clowns as well. Not unlike this place actually.
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You're right there. Almost all forums of a large size or similar. Only RAWK (imo) stands out as particularly bad, and that's because the policing / moderation on there is draconian and everybody has to toe the party line. Red Cafe isn't really that bad, they're just the old enemy!
 
waspish said:
well Harris has tweeted


city not in the clear completely as still will be subject to strict FFP monitoring & must meet break-even targets next yr
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The BBC article didn't get that detailed, only that UEFA had said we were in the clear (but then adding this little 2016 caveat).
I still wish they'd just spell things out, then nobody's in any doubt.

It's hard to know if that means we have specific targets (purely for us), or if those targets are the same generic ones everybody else has to meet too. If it's the former, why? if it's the latter, why mention it? (not you, the media)
 
waspish said:
well Harris has tweeted


city not in the clear completely as still will be subject to strict FFP monitoring & must meet break-even targets next yr
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Whats the difference between strict monitoring and normal monitoring?
 
I seem to recall strict monitoring was 6 monthly, but not certain on that.
Could just be for emphasis too, to make UEFA sound like they're still in charge.
 
I presume it's the latter although i'm not sure we don't still get special treatment having previously failed their shitty rules on a 6 monthly basis as was previously the case whilst under sanction. I don't see why we should now that we are no longer under sanction.
In which case they (Harris) mentioned it because they are twats!
 
JoeMercer'sWay said:
Anyway I think shit's going to hit the fan, UEFA banned Dynamo Moskva for four years from UEFA Competition because of breach the break-even limit, they revalued a sponsorship deal to give them losses of E250m, so I think there's going to be some backlash.
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Whilst Juventus make a Champions League final, having been previously convicted of actual match fixing!
Seems that investment's a horrific thing, but the odd bit of blatant corruption's just a bit naughty
 
From the Caf ;)

"Such a flawed concept anyway, it's stupid to stop a rich owner from spending his own money on new players. I'm all for stopping clubs spending money they haven't got, but if an investor is bankrolling everything then what's the problem.

It's not like the guy at City is there for the short term, you only have to see what he has done and how much he has invested to know he has the clubs best interests at heart. They won the lottery let them do what they want, we can still compete with them, especially that it now seems we have lost Fergie's obsession with shopping in the bargain bin."
 
M18CTID said:
From the Caf ;)

"Such a flawed concept anyway, it's stupid to stop a rich owner from spending his own money on new players. I'm all for stopping clubs spending money they haven't got, but if an investor is bankrolling everything then what's the problem.

It's not like the guy at City is there for the short term, you only have to see what he has done and how much he has invested to know he has the clubs best interests at heart. They won the lottery let them do what they want, we can still compete with them, especially that it now seems we have lost Fergie's obsession with shopping in the bargain bin."
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He can not be a rag. Never in a million years...
 
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