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

[Ducado]

Re: City & FFP (continued)

The disappointment from rival fans is palpable bless em

 

[Centurions]

Re: City & FFP (continued)

For anyone still wondering about possible appeals against our "punishments" (the quotes are just to wind up lurking bitters :) ) this is from the official UEFA website :- http://www.uefa.org/protecting-the-...-financial-fair-play/news/newsid=2116154.html

On Friday 16 May, settlement agreements were concluded with nine clubs who had not fulfilled the break-even requirements of the UEFA Financial Fair Play (FFP) Regulations. In relation to the provisions in the settlements concerning the number of players to be included in the A list for the 2014/15 UEFA club competitions, the UEFA Emergency Panel, meeting in Lisbon on Friday 23 May, already confirmed the relevant principles, which are as follows:

• Should a club be entitled to register a maximum number of 21 players on the A list, the minimum number of places exclusively reserved for 'locally trained players' shall be five instead of eight, of which a maximum of four shall be 'association-trained'; and

• Should a club be entitled to register a maximum number of 22 players on the A list, the minimum number of places exclusively reserved for 'locally trained players' shall be six instead of eight, of which a maximum of four shall be 'association-trained'.

All nine clubs which have signed settlement agreements will be subject to ongoing monitoring, and any case of non-compliance with the terms of their agreement will be automatically referred to the Club Financial Control Body (CFCB) Adjudicatory Chamber as per Article 15(4) of the Procedural Rules governing the CFCB.

UEFA also confirms that no reviews were requested of the settlement agreements, either by directly affected parties or by the chairman of the CFCB.

 

[Centurions]

Re: City & FFP (continued)

The only remaining query regarding the sanctions are City's interpretations of this from UEFA :-

Manchester City agrees to significantly limit spending in the transfer market for
seasons 2014/2015 and 2015/2016. Manchester City further accepts a calculated
limitation on the number of new registrations it may include within their “A” List
for the purposes of participation in UEFA competitions. This calculation is based
on the clubs net transfer position in each respective registration period covered by
this agreement.

Whereas we say :-

The nature of conditions that will result in the lifting of sanctions means that the Club expects to be operating without sanction or restriction at the commencement of the 2015-16 season.

Importantly all non-financial sanctions agreed to would have been complied with as a natural course of the Club’s planned business operations.

Then again would a £49 million transfer restriction affect us next season either? Presuming say a £36 million outlay this summer on Sagna/Fernando/Benatia (ignoring any incoming fees), next summer short of losing anyone we shouldn't need any reinforcement and hopefully will have some options from the youth ranks.

 

[M18CTID]

Re: City & FFP (continued)

ragcafe similarly p-o'ed
<a class="postlink" href="http://www.redcafe.net/threads/manchester-city-facing-financial-fair-play-sanctions.388686/page-42" onclick="window.open(this.href);return false;">http://www.redcafe.net/threads/manchest ... 86/page-42</a>

Not sure why United fans are getting their knickers in a twist over there - this doesn't affect them whatsoever as they're not even in Europe next season!

 

[Centurions]

Re: City & FFP (continued)

ragcafe similarly p-o'ed
<a class="postlink" href="http://www.redcafe.net/threads/manchester-city-facing-financial-fair-play-sanctions.388686/page-42" onclick="window.open(this.href);return false;">http://www.redcafe.net/threads/manchest ... 86/page-42</a>

Not sure why United fans are getting their knickers in a twist over there - this doesn't affect them whatsoever as they're not even in Europe next season!

Given their options of focusing on the train wreck that is their own club or gazing with jealous eyes on what we're doing do you really blame them?

 

[I'm no cynic but...]

Re: City & FFP (continued)

A serious question...

What happens to the agents fees in calculations? If a deal goes through at £20m and the agent lands himself a fee of, say, £5m, then is it £25m for FFP purposes, or is it still £20m?

 

[Centurions]

Re: City & FFP (continued)

A serious question...

What happens to the agents fees in calculations? If a deal goes through at £20m and the agent lands himself a fee of, say, £5m, then is it £25m for FFP purposes, or is it still £20m?

£20m I'd have thought.

 

[CityStu]

Re: City & FFP (continued)

A serious question...

What happens to the agents fees in calculations? If a deal goes through at £20m and the agent lands himself a fee of, say, £5m, then is it £25m for FFP purposes, or is it still £20m?

I'd imagine that the transfer fee of £20m would be the one to count against our spending limit. The agent's fee would still count towards FFP though, just as other expenditure.

 

[BlueAnorak]

Re: City & FFP (continued)

The false sense of entitlement shown by the usual suspects is breathtaking.

 

[JoeMercer'sWay]

Re: City & FFP (continued)

A serious question...

What happens to the agents fees in calculations? If a deal goes through at £20m and the agent lands himself a fee of, say, £5m, then is it £25m for FFP purposes, or is it still £20m?

I would assume it would go into contracts and sections like that, as it's negotiated with the player, not with the club.