gaudinho's stolen car said:
Prestwich_Blue said:
David Conn does a review of all PL club's accounts about this time of year. It's not anti-City in any way, just completely factual and is one of the key feature articles for those of us interested in football finance. I can assure you that while David may have concerns over the nature of modern day football (which are mostly well-founded) as a City fan he is pretty happy with things.
We did make a record loss but most journalists haven't really got the nous to understand that it's our accelerated spending that has caused this. We will have a much higher wage bill until we get the players out that are surplus to requirements and the squad settles down. Plus amortisation will be high for a couple of years until the large number of players we've brought in in the last 3 years either leave or sign new contracts.
Then there's the other factor that most don't get which is the commercial power that our owner has. It's now seen as wise for any company that wants to do serious business in Abu Dhabi or with ADIA controlled businesses, to do some commercial sponsorhip deal with us to oil the wheels. There is going to be a lot of wailing and gnashing of teeth over the next couple of years among those who claim we won't meet FFP.
I'm not sure why you back Conn so vehemently PB, he drags us down.
I don't always agree with him but I know him and understand where he's coming from. I am also largely in agreement with him over many football issues. If you want to understand what has shaped his outlook, I'd highly recommend his book "The Beautiful Game?".
There's no inconsistency or agenda. He's a City fan through and through but also questions the role of money in the game and what both he and I see as the lack of will among those responsible for running the game to ensure that this issue doesn't ruin the sport. But that's not City's problem as I see it. I am firmly of the belief that FFP shouldn't be protecting the owners like Glazer against owners like ours.