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

Re: City & FFP (continued)

UlsterCitizen said:
So will Liverpool fail next year and will their punishment be more severe than ours as its the second year of compliance
They need to turn a £55m profit this season to meet the break even requirement. They lost £50m last season, that's a £105m swing without money from European Football to help. Their owners also need to forgive the money they've lent the club and clear any other debts out of their own pockets.
Hence John W(anker). Henry's recent uncharacteristic silence on City and FFP.
 
Re: City & FFP (continued)

Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
 
Re: City & FFP (continued)

'London: Big-spending Manchester City and Paris St-Germain have been given the chance to settle breaches of Uefa’s financial fair play (FFP) rules that will leave them free to play in next season’s Champions League.
Uefa’s club financial control board has offered settlement deals in recent weeks to teams deemed to have broken rules designed to rein in reckless spending and make football more stable economically.
The panel will meet on Thursday to consider responses by the fewer than 20 teams affected and its decisions will be announced over the next few days, a source close to the process said.
The likely sanctions range from a reprimand to a fine or a cap on squad size for European competition for next season.

Uefa has the power to ban teams from European competition if their losses exceed its limits, but is expected to shy away from imposing that heaviest punishment at this stage.
If the sanctions are not tough enough, rival clubs are likely to complain that offenders are being let off with a slap on the wrist and that the much-vaunted process has been a sham.
Clubs that fail to agree a settlement at this stage will have their cases settled by an adjudicatory panel.
Having spent heavily to compete with the best teams in Europe in recent seasons, Manchester City and PSG appeared most at risk of falling foul of the rules.
Uefa spokesperson David Farrelly declined to comment on the reports at this stage.
City and PSG were unavailable for comment.
In February, Uefa secretary-general Gianni Infantino said 76 European clubs out of 237 originally assessed had been asked to submit additional information about their finances ahead of the new rules, which come into full effect next season.
The headline numbers limit club losses to €45 million (Dh228.81 million) over the past two seasons, but there are various exemptions for spending on youth development, stadium infrastructure and older contracts.'

Slightly more balanced but then again what would you expect from Gulf News?
 
Re: City & FFP (continued)

i8therags said:
Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
 
Re: City & FFP (continued)

aguero93:20 said:
i8therags said:
Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
Don't the winners get a bigger slice of subesequent Champions League payments?

And then there's indirect impact on Commerical Deals of being Champions

if Man Utd can rake in the mega-deals that they have reportdely done (Nike and Chevrolet) then we can too
 
Re: City & FFP (continued)

Marvin said:
aguero93:20 said:
i8therags said:
Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
Don't the winners get a bigger slice of subsequent Champions League payments?

And then there's indirect impact on Commerical Deals of being Champions

if Man Utd can rake in the mega-deals that they have reportdely done (Nike and Chevrolet) then we can too
That's the key word, the most vital year of any monitoring period for ourselves, Pool and Chelski is this current season, in which we get the highest cut of CL and pool get none. The indirect effects (not talking about bonuses with current sponsors) won't be felt until later seasons.
 
Re: City & FFP (continued)

aguero93:20 said:
i8therags said:
Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
Cheers for that. So sponsors are the key area for investment. Winning the league,stadium expansion,youth development and popularity overseas is key. Hate to say it but the rags are the blueprint for us eventually. If we can match a sizeable chunk of them but have no debt then we are onto a winner.
 
Re: City & FFP (continued)

Marvin said:
aguero93:20 said:
i8therags said:
Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
Don't the winners get a bigger slice of subesequent Champions League payments?

And then there's indirect impact on Commerical Deals of being Champions

if Man Utd can rake in the mega-deals that they have reportdely done (Nike and Chevrolet) then we can too

No we cant re the deals as they are a much bigger brand than us. They sell more everything than we do. We can probably never get to there size unless they fall to bits.

Chelsea have been winning stuff left right and centre for years and still are nowhere near the size of the rags.

Just look at Liverpool, shite for years and still millions of Asians chose them to support every year
 
Re: City & FFP (continued)

one thing sticks out.

In hardly any of these reports about City and PSG, do the writers add, City's operating loss has come down from £197mill, to £97mill, and currently stands at £50mill, in the space of 2 seasons. And City will make an operating profit within the next two seasons. Not only that, they never mention we are part of a small minority of clubs who are actually debt free, compared to the likes of Liverpool, United, Madrid, Barcelona, etc.
 
Re: City & FFP (continued)

BoyBlue_1985 said:
Marvin said:
aguero93:20 said:
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
Don't the winners get a bigger slice of subesequent Champions League payments?

And then there's indirect impact on Commerical Deals of being Champions

if Man Utd can rake in the mega-deals that they have reportdely done (Nike and Chevrolet) then we can too

No we cant re the deals as they are a much bigger brand than us. They sell more everything than we do. We can probably never get to there size unless they fall to bits.

Chelsea have been winning stuff left right and centre for years and still are nowhere near the size of the rags.

Just look at Liverpool, shite for years and still millions of Asians chose them to support every year
Chelsea have seemingly never tried to grow their commercial revenue like we have and are still at 60% or so of the Rags turnover. We've already overtaken Chelsea. It'll take a while but Ferran had Barca right up Madrid and their Galacticos arses by the time he left Barca and that was without the exposure we are hoping to get from MHFC, NYCFC and any other clubs we set up in CFG abroad.
 
Re: City & FFP (continued)

Going forward we still have to be careful, be as sucessful on pitch as we can especially in CL too, I dont exactly know how it will be next time...

Will it be 11-12, 12-13,13-14 season calculated together next time and all losses cannot be more than 45m €?

I know now its only 11-12,12-13 they look at together. But how is next period? Will they forget anything thats was done 11-12, 12-13, or they still will be calculated with just add the current season to it?

If it's like this than they we really need a breakeven or even profit to not fail it again next time.

Well we will be helped with new tv deals PL/CL at least.
 
Re: City & FFP (continued)

jrb said:
one thing sticks out.

In hardly any of these reports about City and PSG, do the writers add, City's operating loss has come down from £197mill, to £97mill, and currently stands at £50mill, in the space of 2 seasons. And City will make an operating profit within the next two seasons. Not only that, they never mention we are part of a small minority of clubs who are actually debt free, compared to the likes of Liverpool, United, Madrid, Barcelona, etc.
Agenda. Plain and Simple, they don't want to report positively in any way about our finances with the exception of Martin Samuels and Stuart Brennan seemingly.
(hope pidge is lurking (: )

-- Tue Apr 29, 2014 12:12 pm --

Jacks77 said:
Going forward we still have to be careful, be as sucessful on pitch as we can especially in CL too, I dont exactly know how it will be next time...

Will it be 11-12, 12-13,13-14 season calculated together next time and all losses cannot be more than 45m €?

I know now its only 11-12,12-13 they look at together. But how is next period? Will they forget anything thats was done 11-12, 12-13, or they still will be calculated with just add the current season to it?

If it's like this than they we really need a breakeven or even profit to not fail it again next time.

Well we will be helped with new tv deals PL/CL at least.
New TV deals, extra champions league money, falling wage bills and amortization costs and no Mancini & Staff payoff this year, plus a few extra commercial deals will see us over the line, don't stress about it mate.<br /><br />-- Tue Apr 29, 2014 12:13 pm --<br /><br />
i8therags said:
aguero93:20 said:
i8therags said:
Need to win this league more than ever now IMO. Getting our hands on that prize money may help someway.
Fuck all difference in Prize money mate, here's an estimate based on reports of the BT deal and last year:
1st: £101.4m
2nd: £100.2m
3rd: £97.1m
Denying Candlepool of whatever sponsor's bonuses they get for winning the league could have a much bigger impact, as well as collecting our own, for the next monitoring period.
Cheers for that. So sponsors are the key area for investment. Winning the league,stadium expansion,youth development and popularity overseas is key. Hate to say it but the rags are the blueprint for us eventually. If we can match a sizeable chunk of them but have no debt then we are onto a winner.
Spot on. Plus the Academy will hopefully turn out a few stars too ;)
 
Re: City & FFP (continued)

jrb said:
one thing sticks out.

In hardly any of these reports about City and PSG, do the writers add, City's operating loss has come down from £197mill, to £97mill, and currently stands at £50mill, in the space of 2 seasons. And City will make an operating profit within the next two seasons. Not only that, they never mention we are part of a small minority of clubs who are actually debt free, compared to the likes of Liverpool, United, Madrid, Barcelona, etc.
it is indeed a cruel twist - but for our enemies in the fatherland this is just another opportunity they have manufactured (like Black Wednesday) to give the UK a taste of the steel boot. The storm gathers.
 
Re: City & FFP (continued)

Personally I'm waiting until actual facts are released rather than rely on the media who seem determined to hang, draw and quarter us.

I think I'm right in saying that the pre 2010 contracts allowance is only applied if we fail FFPR? In which case the media would be correct in stating we failed FFPR but then we are allowed to apply the exceptions and effectively pass it with no actual punishment due? Would this be the reason we're "under investigation" having "failed"?
 
Re: City & FFP (continued)

ColinLee said:
Personally I'm waiting until actual facts are released rather than rely on the media who seem determined to hang, draw and quarter us.

I think I'm right in saying that the pre 2010 contracts allowance is only applied if we fail FFPR? In which case the media would be correct in stating we failed FFPR but then we are allowed to apply the exceptions and effectively pass it with no actual punishment due? Would this be the reason we're "under investigation" having "failed"?
Yep, pre-2010 exemption clause is only taken into account for:
-Clubs who have breached the 45m limit
-Clubs who show a trend towards break even in their accounts from 2011/12 to 12/13 (decreased losses)
-Clubs who have complied with debt/payables limits
Anyone who complies with all 3 of the above IIRC.
 
Re: City & FFP (continued)

aguero93:20 said:
ColinLee said:
Personally I'm waiting until actual facts are released rather than rely on the media who seem determined to hang, draw and quarter us.

I think I'm right in saying that the pre 2010 contracts allowance is only applied if we fail FFPR? In which case the media would be correct in stating we failed FFPR but then we are allowed to apply the exceptions and effectively pass it with no actual punishment due? Would this be the reason we're "under investigation" having "failed"?
Yep, pre-2010 exemption clause is only taken into account for:
-Clubs who have breached the 45m limit
-Clubs who show a trend towards break even in their accounts from 2011/12 to 12/13 (decreased losses)
-Clubs who have complied with debt/payables limits
Anyone who complies with all 3 of the above IIRC.

So no sanctions whatsoever then?
 
Re: City & FFP (continued)

I can't wat until that player and his agent win their case in the courts against FFP.UEFA are going to be left with huge egg on their faces and possible legal challenges to any sanctions they impose now,agreed or not.
 
Re: City & FFP (continued)

Let's put it this way.

Regardless of what United earn in sponsorship deals.

The are £360mill worse of than us, and are still going to have to pay out £100's mill before their debt has been cleared. And because of Moyes, and no CL football next season, they will start from a minus £50mill base.(finishing 7th in the PL, no CL football, pay outs for Moyes & his coaching staff)

On top of that they will have no choice but to sign 4 or 5 players expensive players, who will be on top wages, if they really want to try and win the title, as well as get into the CL next season. Vidic, Evra, Ferdinand(?), etc, are all going.(that though will clear some wages off their books)

City on the other hand will get more PL prize money, will get CL prize money, we'll sign 2 , maybe 3, players at the most, will be getting rid of some of our biggest wage earners, etc.

As others have stated, if we win the title that should attract more sponsors, as well as perhaps get more money out of our current sponsors. Also, we will get extra revenue from the new training academy opening this year. (Can anyone clarify if the training academy come under the Etihad sponsorship deal or not?) That aside, the new bridge will bring us some sponsorship revenue.(see the planning application) Then there is the stadium expansion, which will add a further 12,000 seats. 6,000 by 2015, and the another 6000 by 2016/17. More importantly, the corporate sections around the stadium are going to be expanded, which will bring in some serious money on matchdays.

Let's ride the FFPR Tsunami for one or two more seasons, and then we will see clear water. :-)
 
Re: City & FFP (continued)

The Flash said:
aguero93:20 said:
ColinLee said:
Personally I'm waiting until actual facts are released rather than rely on the media who seem determined to hang, draw and quarter us.

I think I'm right in saying that the pre 2010 contracts allowance is only applied if we fail FFPR? In which case the media would be correct in stating we failed FFPR but then we are allowed to apply the exceptions and effectively pass it with no actual punishment due? Would this be the reason we're "under investigation" having "failed"?
Yep, pre-2010 exemption clause is only taken into account for:
-Clubs who have breached the 45m limit
-Clubs who show a trend towards break even in their accounts from 2011/12 to 12/13 (decreased losses)
-Clubs who have complied with debt/payables limits
Anyone who complies with all 3 of the above IIRC.

So no sanctions whatsoever then?
Well if we make it inside the 45m mark after the pre-2010 exemption has been applied then the most they can do IIRC is warn us over future conduct and since we're very quickly heading towards break-even that will probably go something along the lines of:
CFCB "Are you going to pass next year and the year after?"
MCFC "Yes"
CFCB "OK then"
It really would be complete madness for UEFA to try anything else if we have reasonable grounds to say that we've complied with their regulations and that we will continue to do so in future. Especially since the CAS have shedloads of previous history for throwing any decision/sanction by UEFA that they have felt to be Frivolous/Biased/Illegal out at the first time of asking and in double quick time.
 

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