J_Bow said:State of some fans, Wenger catching a right earful.
[video]http://www.youtube.com/watch?v=e7XKJSd4cpQ[/video]
Worth reposting, even only a few replies later.
J_Bow said:State of some fans, Wenger catching a right earful.
[video]http://www.youtube.com/watch?v=e7XKJSd4cpQ[/video]
Ghandi's Flip Flops said:Our friends at 'untold arsenal' getting there excuses in early about our financial position
<a class="postlink" href="http://untold-arsenal.com/archives/39332" onclick="window.open(this.href);return false;">http://untold-arsenal.com/archives/39332</a>
Man C, QPR, Leicester, Man U, Leeds… yes it is FFP season again.
'Manchester City claim to have reduced their annual loss to £23m for 2013-14 largely by increasing their income with Sheikh Mansour of Abu Dhabi investing £160m during 2013-14 – much of it spent on facilities that make it excluded from FFP.
But this has also in part been achieved by the formation of a parent company leaving a group of other related companies looking after different issues, including the identikit clubs in New York, Melbourne and Yokohama. This approach of separate companies all owned by the same shareholders charging each other for services is not unknown in business but it raises eyebrows, especially where the sums are large. Man City for example recently charged £10m to other parts of the group – which bolstered its income and ease FFP concerns.
Now this is ok if the activities are charged at market rates. But if not then these are a neat way around FFP. Man C charges the New York company money for services and NY pays up because it is not worried about FFP. Man C income is up, the loss is down, FFP is bypassed.
Of course I don’t have access to the accounts of all these companies so I make no allegation, I just report a concern that has been expressed to me by interested parties.'
"interested paries"malg said:Ghandi's Flip Flops said:Our friends at 'untold arsenal' getting there excuses in early about our financial position
<a class="postlink" href="http://untold-arsenal.com/archives/39332" onclick="window.open(this.href);return false;">http://untold-arsenal.com/archives/39332</a>
Man C, QPR, Leicester, Man U, Leeds… yes it is FFP season again.
'Manchester City claim to have reduced their annual loss to £23m for 2013-14 largely by increasing their income with Sheikh Mansour of Abu Dhabi investing £160m during 2013-14 – much of it spent on facilities that make it excluded from FFP.
But this has also in part been achieved by the formation of a parent company leaving a group of other related companies looking after different issues, including the identikit clubs in New York, Melbourne and Yokohama. This approach of separate companies all owned by the same shareholders charging each other for services is not unknown in business but it raises eyebrows, especially where the sums are large. Man City for example recently charged £10m to other parts of the group – which bolstered its income and ease FFP concerns.
Now this is ok if the activities are charged at market rates. But if not then these are a neat way around FFP. Man C charges the New York company money for services and NY pays up because it is not worried about FFP. Man C income is up, the loss is down, FFP is bypassed.
Of course I don’t have access to the accounts of all these companies so I make no allegation, I just report a concern that has been expressed to me by interested parties.'
Yeah, right.
Ghandi's Flip Flops said:Our friends at 'untold arsenal' getting there excuses in early about our financial position
<a class="postlink" href="http://untold-arsenal.com/archives/39332" onclick="window.open(this.href);return false;">http://untold-arsenal.com/archives/39332</a>
Man C, QPR, Leicester, Man U, Leeds… yes it is FFP season again.
'Manchester City claim to have reduced their annual loss to £23m for 2013-14 largely by increasing their income with Sheikh Mansour of Abu Dhabi investing £160m during 2013-14 – much of it spent on facilities that make it excluded from FFP.
But this has also in part been achieved by the formation of a parent company leaving a group of other related companies looking after different issues, including the identikit clubs in New York, Melbourne and Yokohama. This approach of separate companies all owned by the same shareholders charging each other for services is not unknown in business but it raises eyebrows, especially where the sums are large. Man City for example recently charged £10m to other parts of the group – which bolstered its income and ease FFP concerns.
Now this is ok if the activities are charged at market rates. But if not then these are a neat way around FFP. Man C charges the New York company money for services and NY pays up because it is not worried about FFP. Man C income is up, the loss is down, FFP is bypassed.
Of course I don’t have access to the accounts of all these companies so I make no allegation, I just report a concern that has been expressed to me by interested parties.'
Ghandi's Flip Flops said:Our friends at 'untold arsenal' getting there excuses in early about our financial position
<a class="postlink" href="http://untold-arsenal.com/archives/39332" onclick="window.open(this.href);return false;">http://untold-arsenal.com/archives/39332</a>
Man C, QPR, Leicester, Man U, Leeds… yes it is FFP season again.
'Manchester City claim to have reduced their annual loss to £23m for 2013-14 largely by increasing their income with Sheikh Mansour of Abu Dhabi investing £160m during 2013-14 – much of it spent on facilities that make it excluded from FFP.
But this has also in part been achieved by the formation of a parent company leaving a group of other related companies looking after different issues, including the identikit clubs in New York, Melbourne and Yokohama. This approach of separate companies all owned by the same shareholders charging each other for services is not unknown in business but it raises eyebrows, especially where the sums are large. Man City for example recently charged £10m to other parts of the group – which bolstered its income and ease FFP concerns.
Now this is ok if the activities are charged at market rates. But if not then these are a neat way around FFP. Man C charges the New York company money for services and NY pays up because it is not worried about FFP. Man C income is up, the loss is down, FFP is bypassed.
Of course I don’t have access to the accounts of all these companies so I make no allegation, I just report a concern that has been expressed to me by interested parties.'