AC Milan & FFP - Update p10

Like some have said it’s debt that ffp should of been keen on stopping! It’s all well and good that clubs can make the minimum payments to a loan but the rags got lucky if they don’t make the champs league a few more times they would of been in deep shit.
 
SWP's back said:
Yes, Elliot Management will do very well out this.

Think of it like a mortgage, you have £100k in cash and buy a house worth £200k with half of the funds coming from a mortgage lender. If you fail to keep up your payments, you lose the house and deposit/equity you had in it and the mortgage company ends up owning the entire thing.

It's been a very costly error for Li Yonghong as it's cost him 500m Euros in equity, which appears to be far more than he was actually worth as industry insiders believe his equity stake was actually highly leveraged back in China anyway.

Great article on it in the FT:

https://www.ft.com/content/bbc841e0-8689-11e8-96dd-fa565ec55929
Click to expand...

That's not true. They sell the house you keep the difference
 
house-of-cards.jpg
 
Bigger picture is AC Milan took FFP regulations to "proper" court and won. That's a good thing. We need more clubs challenging their penalties instead of just taking it on the chin. The whole thing will likely fall apart.
 
just shows what you can do if you stand up to uefa and the FFP con they use to stop manchester city at all cost

we just did nothing and let them walk all over us with a big fine and squad reduction and did what we was told and went away with our tails between out legs?? but the truth is the rules will not stand up in court and its down to stopping a club and players applying there trade
 
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