EalingBlue2
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Re: City & FFP (continued)
On the contrary we could easily blow 100m without much thought as long as our cash flow allowsChippy_boy said:kupest said:Italian Manc said:City restrictions to be lifted
Manchester City will see their spending restrictions lifted by UEFA bosses after turning a transfer profit this summer.
The Citizens, who spent their entire cap of £49.9m bringing in the likes of Fernando, Eliaquim Mangala and Willy Caballero, were still able to balance their books in style.
Valencia agreed to pay the Premier League champions a £2m loan fee for striker Alvaro Negredo on deadline day, with a cast-iron guarantee of a further £23m to complete the purchase.
City will also pick up around £4.8m in total for a similar arrangement they struck with Fiorentina for defender Micah Richards. They were also able to sell young Welsh midfielder Emyr Hughes to Wigan for £3.5m.
It means City, who had previously sold Jack Rodwell, Gareth Barry and Javi Garcia for a combined £25m, will actually show a player trading profit of £9m.
UEFA chiefs slapped a two-year spending cap on the Manchester outfit for breaching their Financial Fair Play rules but with the promise the second year would be lifted if they toed the line.
<a class="postlink" href="http://www.sportinastorm.com/mobile//Premier-League/Manchester-City/City-restrictions-to-be-lifted/X1Y47Z1800013" onclick="window.open(this.href);return false;">http://www.sportinastorm.com/mobile//Pr ... 47Z1800013</a>
Yup, I don't expect the sanctions to be on us for the second year since we are complying with everything. We should be fine next summer.
Fine in that we won't have these extra restrictions, but we will still be restricted by FFP normal requirements. It's not like we can just blow £100m and not worry about it.