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

[bluetonium]

Re: City & FFP (continued)

Does anyone else have the fear that UEFA will move the goalposts again?

Specifically, despite the fact our net spend is well under the figure they quote, our actual spend was just over, if you go off reported figures (which I admit and hope may not be the true spend figures anyway). What chance they will say it doesn't matter what we generated, if we went over the £49m in outgoing transfer fees to clubs and agents then we will be punished again?

Its pathetic I know, we can all see how well run our club is, how respectful it is of the local community and how solid the basis for the future is, but as we have seen UEFA are far from concerned with how well a club is run or how profitable it is, this is more to do with UEFA showing their feathers.

 

[Bodicoteblue]

Re: City & FFP (continued)

Does anyone else have the fear that UEFA will move the goalposts again?

Specifically, despite the fact our net spend is well under the figure they quote, our actual spend was just over, if you go off reported figures (which I admit and hope may not be the true spend figures anyway). What chance they will say it doesn't matter what we generated, if we went over the £49m in outgoing transfer fees to clubs and agents then we will be punished again?

Its pathetic I know, we can all see how well run our club is, how respectful it is of the local community and how solid the basis for the future is, but as we have seen UEFA are far from concerned with how well a club is run or how profitable it is, this is more to do with UEFA showing their feathers.

I think that course of action would be the quickest route to the courts and a very expensive case for uefa.
Funnily enough my predictive text thingy came up with "unfair " when I typed uefa!!!

 

[Bluewonder]

Re: City & FFP (continued)

Sorry if this has been mentioned, but do we have any idea what our revenue was for the 2013-2014 season?

I only ask because Soriano mentioned that it would be close to that of Bayern Munich, so I'm interested to see if he was right.

 

[Marvin]

Re: City & FFP (continued)

Sorry if this has been mentioned, but do we have any idea what our revenue was for the 2013-2014 season?

I only ask because Soriano mentioned that it would be close to that of Bayern Munich, so I'm interested to see if he was right.

Don't think this info is available yet although club insiders may well know.

 

[BlueAnorak]

Re: City & FFP (continued)

I believe the salary decreases aren't in favour of long term security.... it's in exchange for bigger performance bonuses.

Aguero's basic salary will probably have remained the same while his bonus has gone up each renewal. As bonus payments don't show up on the FFP valuation, I suspect Aguero's FFP cost to MCFC looks something like:
2011 Contract Amortisation = £39.6m / 4y = £9.9m a year. Wages = 170k pw * 52 = £8.84m pa. FFP total = £18.74m pa.
2013 Contract Amortisation = £19.8m / 5y = £3.96m a year. Wages = 170k pw * 52 = £8.84m pa. FFP total = £12.8m pa
2014 Contract Amortisation = £15.84m / 5y = £3.168m a year. Wages = 170k pw *52 == £8.84m pa. FFP total = £12.008m pa

Im pretty sure Silva's basic will actually have gone up a bit this time as his value to the team is unquantifiable. As such I suspect Silva's FFP cost to MCFC has changes as follows:
2010 Contract Amortisation = £25,3m / 4y = £6.325m a year. Wages = 80k pw * 52 = £4.160m pa. FFP total = £10,485m pa.
2012 Contract Amortisation = £12.65m / 5y = £2.53m a year. Wages = 120k pw * 52 = £6.240m pa. FFP total = 8,77m pa
2014 Contract Amortisation = £7.59m / 5y = £1.518m a year. Wages = 140k pw *52 = £7.28m pa. FFP total = £8.798m pa
Kompany's remaining transfer fee (£7.28m in 2008) will be pretty much zip by now but the £31m for is contract has to be taken as a yearly sum for FFP:
2014 = (£31m over 5 years) = £120k pw = £6.2m pa

So overall the value on the books goes down by about £10m (Nasri and Kolarov amortisation drops with a bang) but the spine of the team are tied down to long contracts.

Perhaps I'm misreading it (or am just being thick) but where does "2014 = (£31m over 10 years)" for Kompany come from?

Thats the value of his contract but it should be over 5 years
Apologies.

 

[Henkeman]

Re: City & FFP (continued)

Is it just me that every time I click go to first unread post it always defaults to three pages back?

 

[keith's curle]

Re: City & FFP (continued)

Is it just me that every time I click go to first unread post it always defaults to three pages back?

No, not just you, it just happened to me and I know its not the first time.
Has happened to me on other threads too I'm sure, and for a short while now.
I've been switching between computers so assumed that for some strange reason the site was struggling to keep track of my accouont.

I didn't pay good money for the platinum account to get this kind of shoddy service!

 

[Bluewonder]

Re: City & FFP (continued)

Sorry if this has been mentioned, but do we have any idea what our revenue was for the 2013-2014 season?

I only ask because Soriano mentioned that it would be close to that of Bayern Munich, so I'm interested to see if he was right.

Don't think this info is available yet although club insiders may well know.

Ah, fair enough. I guess I'll have to wait until the official accounts are released.

 

[stony]

Re: City & FFP (continued)

Is it just me that every time I click go to first unread post it always defaults to three pages back?

Not just you

<a class="postlink-local" href="http://forums.bluemoon-mcfc.co.uk/viewtopic.php?f=4&t=304736" onclick="window.open(this.href);return false;">viewtopic.php?f=4&t=304736</a>

Ric is aware and has his top people working on it.

 

[Henkeman]

Re: City & FFP (continued)

Is it just me that every time I click go to first unread post it always defaults to three pages back?

Not just you

<a class="postlink-local" href="http://forums.bluemoon-mcfc.co.uk/viewtopic.php?f=4&t=304736" onclick="window.open(this.href);return false;">viewtopic.php?f=4&t=304736</a>

Ric is aware and has his top people working on it.

Fair enough. Cheers.