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

[BluessinceHydeRoad]

Re: City & FFP (continued)

What interests me is that the takeover in 2008 was greeted with a mixture of sneering cynicism and outright scorn by supporters of other clubs (including those who write for newspapers!) and, after the initial tidal wave of relief, with scepticism and disbelief by many of our own fans. These feelings deepened when the Sheikh wrote his open letter to us all in September 2008, and explained exactly what his plans for City were. These were plans on the grand scale, not piddling little schemes and tricks dreamt up by a bunch of grocers. This was to be the application of corporate business to football.

Few actually switched off the Sony hi fis or their Panasonic TVs and put their cans of Coke down to rant on about corporate strategies and Sheikhs on their Apples. Few recognised it as such, preferring to see only a very wealthy grocer, richer than the others. "They'll never get any good players", "who'd want to play for a small club!" "they've no istry and tradition", "they'll never win anything" And then BBC Northwest joined in with, "Poor old City! All that money and UEFA won't let them spend any of it! It'll do City no good at all." Some of our own fans have feared the worst; all they could hope for was a super rich owner who would spend a fortune to build a Harlem Globetrotters team for us, win a few trophies and hopefully do it all again. Even now we have fans who are trying to dream up tricks and dodges to "get round" FFP. The Sheikh doesn't do tricks and dodges. He doesn't need to! He relies on sound, sensible business methods and long term planning with short-, medium- and long-term targets. All those things many of us profess to detest but which have given us those features of modern life we value most. They're not ruining football either: they're making City great.

So the pessimists had a nightmare in 2008 of City crumbling under massive debt, heading towards wind up with the Sheikh scarcely visible as his flowing robes retreat into the shelter of the setting sun, but what did the optimists dream? I was an optimist, and quite realistic in that I believed success on the field would take time. But I never foresaw anything like this: two PL titles in 3 years, 2nd and 3rd as well in the other two; the 6th(?) highest revenue in world football, a new training complex which sets the standard for the rest of the world and a ground increasing to 62 000 spectators which won't hold all those who want tickets! And we're only six years in! The Sheikh and the optimists have been justified all along the line. A statement so scornfully dismissive of UEFA that I believe City told them what they'd accept to save UEFA's face over FFP. And, you'd better believe it....."things will only get better."

 

[fbloke]

Re: City & FFP (continued)

You're starting to sound like me and my tipping point stuff mate.

No good will come of such positivity you know.

You have been warned.

 

[bluevengence]

Re: City & FFP (continued)

You're starting to sound like me and my tipping point stuff mate.

No good will come of such positivity you know.

You have been warned.

[bigimg]http://www.brilliantminds.co.uk/phpThumb.php?src=/userImages/blowyourowntrumpet.jpg&w=688&h=688&f=jpg&q=80[/bigimg]

 

[Shaelumstash]

Re: City & FFP (continued)

What interests me is that the takeover in 2008 was greeted with a mixture of sneering cynicism and outright scorn by supporters of other clubs (including those who write for newspapers!) and, after the initial tidal wave of relief, with scepticism and disbelief by many of our own fans. These feelings deepened when the Sheikh wrote his open letter to us all in September 2008, and explained exactly what his plans for City were. These were plans on the grand scale, not piddling little schemes and tricks dreamt up by a bunch of grocers. This was to be the application of corporate business to football.

Few actually switched off the Sony hi fis or their Panasonic TVs and put their cans of Coke down to rant on about corporate strategies and Sheikhs on their Apples. Few recognised it as such, preferring to see only a very wealthy grocer, richer than the others. "They'll never get any good players", "who'd want to play for a small club!" "they've no istry and tradition", "they'll never win anything" And then BBC Northwest joined in with, "Poor old City! All that money and UEFA won't let them spend any of it! It'll do City no good at all." Some of our own fans have feared the worst; all they could hope for was a super rich owner who would spend a fortune to build a Harlem Globetrotters team for us, win a few trophies and hopefully do it all again. Even now we have fans who are trying to dream up tricks and dodges to "get round" FFP. The Sheikh doesn't do tricks and dodges. He doesn't need to! He relies on sound, sensible business methods and long term planning with short-, medium- and long-term targets. All those things many of us profess to detest but which have given us those features of modern life we value most. They're not ruining football either: they're making City great.

So the pessimists had a nightmare in 2008 of City crumbling under massive debt, heading towards wind up with the Sheikh scarcely visible as his flowing robes retreat into the shelter of the setting sun, but what did the optimists dream? I was an optimist, and quite realistic in that I believed success on the field would take time. But I never foresaw anything like this: two PL titles in 3 years, 2nd and 3rd as well in the other two; the 6th(?) highest revenue in world football, a new training complex which sets the standard for the rest of the world and a ground increasing to 62 000 spectators which won't hold all those who want tickets! And we're only six years in! The Sheikh and the optimists have been justified all along the line. A statement so scornfully dismissive of UEFA that I believe City told them what they'd accept to save UEFA's face over FFP. And, you'd better believe it....."things will only get better."

Great post again Blue, it's refreshing to read someone so positive.

You're absolutely right to be so positive about the Sheikh's intentions, about the talent and acumen at the club. I also think the CFG and the potential revenue streams that creates are exciting, and potentially game changing.

The thing I am wary of, and no so positive about, is UEFA and their intentions. I have thought all along that FFP was designed specifically with City in mind, and the reasons for that have been discussed at length on these pages.

I read accounting and FFP experts on here tell me we would pass FFP no problem, others said we'd just fail but face no significant sanction. I was always more sceptical. If the rules were being applied honestly and fairly, I'm sure those same experts would have been correct, perhaps I was more sceptical about UEFA than them.

This is an organisation whose leader voted for a World Cup in a desert with 50 degree temperatures, no football infrastructure or history, in a country with a population of a similar size to Preston. A man who wildly celebrated scoring a penalty in a European Cup final while 50 people lay dying outside the stadium. An organisation that fines £7k for racism and £50m for not quite balancing the books.

When our accounts came out, I deliberately looked for what UEFA could possibly flag up. Straight away I noticed the Related Company Transactions for image rights and intellectual property. I posted on these pages within an hour of the accounts being published that I thought UEFA would flag it up, the experts told me there was nothing to worry about.

The result? UEFA did not allow those payment, resulting in a significant loss for us, and ultimately a £50m fine and transfer restrictions. This is not to say the experts on here were wrong, far from it. I am saying that they were probably right if the rules were applied fairly. My point is, UEFA aren't interested in what is fair. They are just interested in what is best for them, their biggest cash cow clubs, and in turn their sponsors.

I do not think the CFG model is a FFP dodge. I think it's a brilliant business model that could change world football, it is unprecedented. There is nothing in the existing rules to stop our agreement with Marinos and Nissan. But that doesn't mean there won't be rules and restrictions added in future.

I am on the exact same page as you in terms of the talent we have at the club / group, it's very exciting. My scepticism about the future has nothing to do with anything within our control. My concern is the level of corruption and politiking that goes on at UEFA, I have no confidence that they won't just keep moving the goal posts.

Of course we will keep adapting and coming up with new models like we have with CFA and the possible sponsorship opportunities there, the huge potential of sponsorship from CFG, we are constantly evolving. But can we evolve at a quicker rate than UEFA can to stop us? I certainly hope so, but only time will tell.

 

[gh_mcfc]

Re: City & FFP (continued)

Okay guys I have bitten the bullet and done the deed. I have become all European and decided I am no longer a Eurosceptie - Brussels here I come

I have filled in the mandate copied my EU passport and and sent it off to Msr Dupont.

I will be adding my name to his case along with a few more blues, a QPR fan, a standard Leige fan and a few PSG fans. This will then be submitted to the EU as a consumer issue along with the original case. A press release will be issued soon by JLP.

All the details are here . <a class="postlink" href="http://www.fairplayfc.org" onclick="window.open(this.href);return false;">http://www.fairplayfc.org</a> which I have set up and here <a class="postlink" href="https://www.facebook.com/fairplayforfans/posts/831243666886316" onclick="window.open(this.href);return false;">https://www.facebook.com/fairplayforfan ... 3666886316</a>

Clicks and support will help the case so get sharing and clicking. You can still join the case so pm me or read details on the site.

Please share with fans of other clubs who might care.

For Info ... (RBL) as far as I am aware without them commenting , the club are not against this happening :-)

 

[SilverFox2]

Re: City & FFP (continued)

You're starting to sound like me and my tipping point stuff mate.

No good will come of such positivity you know.

You have been warned.

Just thinking exactly that.
Only been a forum member a short while but even I recognise the evangelism.

Nothing wrong with that, keep it up otherwise ADUG may think they have done enough for MCFC.

 

[Mr Ed (The Stables)]

Re: City & FFP (continued)

Brilliant ^^^

x2

 

[@nimal]

Re: City & FFP (continued)

Okay guys I have bitten the bullet and done the deed. I have become all European and decided I am no longer a Eurosceptie - Brussels here I come

I have filled in the mandate copied my EU passport and and sent it off to Msr Dupont.

I will be adding my name to his case along with a few more blues, a QPR fan, a standard Leige fan and a few PSG fans. This will then be submitted to the EU as a consumer issue along with the original case. A press release will be issued soon by JLP.

All the details are here . <a class="postlink" href="http://www" onclick="window.open(this.href);return false;">http://www</a>. fairplayfc.org which I have set up and here <a class="postlink" href="https://www.facebook.com/fairplayforfans/posts/831243666886316" onclick="window.open(this.href);return false;">https://www.facebook.com/fairplayforfan ... 3666886316</a>

Clicks and support will help the case so get sharing and clicking. You can still join the case so pm me or read details on the site.

Please share with fans of other clubs who might care.

For Info ... (RBL) as far as I am aware without them commenting , the club are not against this happening :-)

Liked ✓

 

[BoyBlue_1985]

Re: City & FFP (continued)

All this strategising We should just tell the Twattini Cabal to fuck right off.

We did







They fined us for it

 

[Sir peace frog]

Re: City & FFP (continued)

What interests me is that the takeover in 2008 was greeted with a mixture of sneering cynicism and outright scorn by supporters of other clubs (including those who write for newspapers!) and, after the initial tidal wave of relief, with scepticism and disbelief by many of our own fans. These feelings deepened when the Sheikh wrote his open letter to us all in September 2008, and explained exactly what his plans for City were. These were plans on the grand scale, not piddling little schemes and tricks dreamt up by a bunch of grocers. This was to be the application of corporate business to football.

Few actually switched off the Sony hi fis or their Panasonic TVs and put their cans of Coke down to rant on about corporate strategies and Sheikhs on their Apples. Few recognised it as such, preferring to see only a very wealthy grocer, richer than the others. "They'll never get any good players", "who'd want to play for a small club!" "they've no istry and tradition", "they'll never win anything" And then BBC Northwest joined in with, "Poor old City! All that money and UEFA won't let them spend any of it! It'll do City no good at all." Some of our own fans have feared the worst; all they could hope for was a super rich owner who would spend a fortune to build a Harlem Globetrotters team for us, win a few trophies and hopefully do it all again. Even now we have fans who are trying to dream up tricks and dodges to "get round" FFP. The Sheikh doesn't do tricks and dodges. He doesn't need to! He relies on sound, sensible business methods and long term planning with short-, medium- and long-term targets. All those things many of us profess to detest but which have given us those features of modern life we value most. They're not ruining football either: they're making City great.

So the pessimists had a nightmare in 2008 of City crumbling under massive debt, heading towards wind up with the Sheikh scarcely visible as his flowing robes retreat into the shelter of the setting sun, but what did the optimists dream? I was an optimist, and quite realistic in that I believed success on the field would take time. But I never foresaw anything like this: two PL titles in 3 years, 2nd and 3rd as well in the other two; the 6th(?) highest revenue in world football, a new training complex which sets the standard for the rest of the world and a ground increasing to 62 000 spectators which won't hold all those who want tickets! And we're only six years in! The Sheikh and the optimists have been justified all along the line. A statement so scornfully dismissive of UEFA that I believe City told them what they'd accept to save UEFA's face over FFP. And, you'd better believe it....."things will only get better."

what a load of bollox,you must be a right happy clapper








:)