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

Re: City & FFP (continued)

jrb said:
The really interesting bit is, if true, "a lot of clubs have complained." :-)
It was always going to happen with the supporter owned clubs once they realised the impact it would have.
 
Re: City & FFP (continued)

I'm no cynic said:
jrb said:
The really interesting bit is, if true, "a lot of clubs have complained." :-)
And a select few didn't. And that's the problem.

That maybe true, but the pressure from other clubs hindered by FFPR is already starting to surface. Resentment is a powerful tool. And It will only grow. Once it becomes the majority of clubs, UEFA will have to act. The fact that PSG have gone public on it, speaks for itself.
 
Re: City & FFP (continued)

jrb said:
I'm no cynic said:
jrb said:
The really interesting bit is, if true, "a lot of clubs have complained." :-)
And a select few didn't. And that's the problem.

That maybe true, but the pressure from other clubs hindered by FFPR is already starting to surface. Resentment is a powerful tool. And It will only grow. Once it becomes the majority of clubs, UEFA will have to act. The fact that PSG have gone public on it, speaks for itself.
That's a good point. We already know that 'unofficially' Aston Villa are up for sale and that Randy Lerner is disgruntled over the affect that FFP has on attracting a buyer. Once reality kicks in and other owners get to realize they are each stuck with an unsalable business, the entire games business standing will plummet, investment will dry up and we will regress to the dark days of pre-Premier League.
 
Re: City & FFP (continued)

JoeMercer'sWay said:
I even heard Arsenal fans complaining about it earlier, I think the blatant nature of how everyone apart from United's spending has been regulated this summer has irked a lot of people.

I'm sure UEFA will no doubt be pleased with MUFC in that they show that high spending is not banned but simply restricted to those who have obeyed their skewed rules.

Wouldn't be surprised if they issued a 'wildcard' invitation to them for CL as a reward for being so prudent in providing for 'rainy day' spending by attracting such a massive income.
 
Re: City & FFP (continued)

I'm no cynic said:
jrb said:
I'm no cynic said:
And a select few didn't. And that's the problem.

That maybe true, but the pressure from other clubs hindered by FFPR is already starting to surface. Resentment is a powerful tool. And It will only grow. Once it becomes the majority of clubs, UEFA will have to act. The fact that PSG have gone public on it, speaks for itself.
That's a good point. We already know that 'unofficially' Aston Villa are up for sale and that Randy Lerner is disgruntled over the affect that FFP has on attracting a buyer. Once reality kicks in and other owners get to realize they are each stuck with an unsalable business, the entire games business standing will plummet, investment will dry up and we will regress to the dark days of pre-Premier League.

It would be interesting if Lerner could construct a written conversation with a potential buyer who declines to proceed with a bid citing FFPR as a reason.
 
Re: City & FFP (continued)

Just to be clear FFP was not on the agenda when Sheikh Mansour bought City in 2008

A review of club finances was undertaken in 2008/2009 and reported to UEFA in September 2009. Originally the concern was clubs in debt (to avoid another Portsmouth) but when it was clear that this would also affect G14 clubs it was amended to what we know to do i.e. those with the highest turnover can spend the most

Should Utd fail to get into CL within the next 2 years they will have huge issues. The sponsorship deals will reduce the recent shirt deal has a penalty clause in it and their commercial revenue will slow as less and less of the worldwide glory hunters will not want to be associated with failure and will change their allegiance. They have a large amount of debt and huge wages without success that could become a heady recipe for problems

City on the other hand have huge scope being a new "elite" club will appeal to new and different sponsors as we wont have the same Taint as the more established clubs and continued success will bring more and more worldwide fans on board enabling the commercial division to sell City to new markets
 
Re: City & FFP (continued)

chesterguy said:
Just to be clear FFP was not on the agenda when Sheikh Mansour bought City in 2008

A review of club finances was undertaken in 2008/2009 and reported to UEFA in September 2009. Originally the concern was clubs in debt (to avoid another Portsmouth) but when it was clear that this would also affect G14 clubs it was amended to what we know to do i.e. those with the highest turnover can spend the most

Should Utd fail to get into CL within the next 2 years they will have huge issues. The sponsorship deals will reduce the recent shirt deal has a penalty clause in it and their commercial revenue will slow as less and less of the worldwide glory hunters will not want to be associated with failure and will change their allegiance. They have a large amount of debt and huge wages without success that could become a heady recipe for problems

City on the other hand have huge scope being a new "elite" club will appeal to new and different sponsors as we wont have the same Taint as the more established clubs and continued success will bring more and more worldwide fans on board enabling the commercial division to sell City to new markets

Whilst maybe not actually in force at that time is it not true that ADUG would have been fully aware of its imminent appearance at the time of purchase?

<a class="postlink-local" href="http://forums.bluemoon-mcfc.co.uk/viewtopic.php?f=1&t=300980&start=10340" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=300980&start=10340</a>

Also, I note with interest today's feature in the MEN that at least gives some reality to the plight of MUFC.

<a class="postlink" href="http://www.manchestereveningnews.co.uk/sport/manchester-united-follow-model-new-7713582" onclick="window.open(this.href);return false;">http://www.manchestereveningnews.co.uk/ ... ew-7713582</a>
 
Re: City & FFP (continued)

SilverFox2 said:
chesterguy said:
Just to be clear FFP was not on the agenda when Sheikh Mansour bought City in 2008

A review of club finances was undertaken in 2008/2009 and reported to UEFA in September 2009. Originally the concern was clubs in debt (to avoid another Portsmouth) but when it was clear that this would also affect G14 clubs it was amended to what we know to do i.e. those with the highest turnover can spend the most

Should Utd fail to get into CL within the next 2 years they will have huge issues. The sponsorship deals will reduce the recent shirt deal has a penalty clause in it and their commercial revenue will slow as less and less of the worldwide glory hunters will not want to be associated with failure and will change their allegiance. They have a large amount of debt and huge wages without success that could become a heady recipe for problems

City on the other hand have huge scope being a new "elite" club will appeal to new and different sponsors as we wont have the same Taint as the more established clubs and continued success will bring more and more worldwide fans on board enabling the commercial division to sell City to new markets

Whilst maybe not actually in force at that time is it not true that ADUG would have been fully aware of its imminent appearance at the time of purchase?

<a class="postlink-local" href="http://forums.bluemoon-mcfc.co.uk/viewtopic.php?f=1&t=300980&start=10340" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=300980&start=10340</a>

Also, I note with interest today's feature in the MEN that at least gives some reality to the plight of MUFC.

<a class="postlink" href="http://www.manchestereveningnews.co.uk/sport/manchester-united-follow-model-new-7713582" onclick="window.open(this.href);return false;">http://www.manchestereveningnews.co.uk/ ... ew-7713582</a>
As a side issue, I'm not well up on what goes on at the swamp, but who exactly are the shirt sponsors there? This article displays two and I know AON had it all last year, but here we also have Chevvy and I can't see AON being too happy at that.

rags@confused.com
 
Re: City & FFP (continued)

I'm no cynic said:
SilverFox2 said:
chesterguy said:
Just to be clear FFP was not on the agenda when Sheikh Mansour bought City in 2008

A review of club finances was undertaken in 2008/2009 and reported to UEFA in September 2009. Originally the concern was clubs in debt (to avoid another Portsmouth) but when it was clear that this would also affect G14 clubs it was amended to what we know to do i.e. those with the highest turnover can spend the most

Should Utd fail to get into CL within the next 2 years they will have huge issues. The sponsorship deals will reduce the recent shirt deal has a penalty clause in it and their commercial revenue will slow as less and less of the worldwide glory hunters will not want to be associated with failure and will change their allegiance. They have a large amount of debt and huge wages without success that could become a heady recipe for problems

City on the other hand have huge scope being a new "elite" club will appeal to new and different sponsors as we wont have the same Taint as the more established clubs and continued success will bring more and more worldwide fans on board enabling the commercial division to sell City to new markets

Whilst maybe not actually in force at that time is it not true that ADUG would have been fully aware of its imminent appearance at the time of purchase?

<a class="postlink-local" href="http://forums.bluemoon-mcfc.co.uk/viewtopic.php?f=1&t=300980&start=10340" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=300980&start=10340</a>

Also, I note with interest today's feature in the MEN that at least gives some reality to the plight of MUFC.

<a class="postlink" href="http://www.manchestereveningnews.co.uk/sport/manchester-united-follow-model-new-7713582" onclick="window.open(this.href);return false;">http://www.manchestereveningnews.co.uk/ ... ew-7713582</a>
As a side issue, I'm not well up on what goes on at the swamp, but who exactly are the shirt sponsors there? This article displays two and I know AON had it all last year, but here we also have Chevvy and I can't see AON being too happy at that.

rags@confused.com

I believe, last season, AON were the kit sponsor for ALL kit, first team shirts, training kit, everything. This season Chevrolet have taken over as first team kit sponsor, but AON is now the sponsor of the training kits etc. It's what makes the extortionate value of the Chevrolet deal so unpalatable, and why the guy who negotiated (a word I use, well, wrongly given the price paid!) the deal was promptly fired after the bosses realised what he'd tied them into. Chevrolet are paying far, far more than AON did for the whole shebang, and only getting some of the shebang!
 
Re: City & FFP (continued)

Matty said:
I'm no cynic said:
SilverFox2 said:
Whilst maybe not actually in force at that time is it not true that ADUG would have been fully aware of its imminent appearance at the time of purchase?

<a class="postlink-local" href="http://forums.bluemoon-mcfc.co.uk/viewtopic.php?f=1&t=300980&start=10340" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=300980&start=10340</a>

Also, I note with interest today's feature in the MEN that at least gives some reality to the plight of MUFC.

<a class="postlink" href="http://www.manchestereveningnews.co.uk/sport/manchester-united-follow-model-new-7713582" onclick="window.open(this.href);return false;">http://www.manchestereveningnews.co.uk/ ... ew-7713582</a>
As a side issue, I'm not well up on what goes on at the swamp, but who exactly are the shirt sponsors there? This article displays two and I know AON had it all last year, but here we also have Chevvy and I can't see AON being too happy at that.

rags@confused.com

I believe, last season, AON were the kit sponsor for ALL kit, first team shirts, training kit, everything. This season Chevrolet have taken over as first team kit sponsor, but AON is now the sponsor of the training kits etc. It's what makes the extortionate value of the Chevrolet deal so unpalatable, and why the guy who negotiated (a word I use, well, wrongly given the price paid!) the deal was promptly fired after the bosses realised what he'd tied them into. Chevrolet are paying far, far more than AON did for the whole shebang, and only getting some of the shebang!

it's the problem when you have rags in global organisations, we need some blues to sneak us some big deals.
 

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