That's easy. The review will determine their deal to be at fair value. They are no long-term threat.Be interesting to see how it impacts Leicester?
Shirts and stadium sponsored by their owners' company King Power.
The interest of a global deal to a potential sponsor would be that they pay lower for a global deal than they would for multiple deals in individual markets, so I don't see these new rules as a threat to our share of CFG sponsorship deals. Don't forget, the rules don't ban associated deals, they just say they will be assessed at fair value.That would be grossly unfair. For example at present CFG clubs are Champions in the USA and England. A joint deal might be very attractive to a sponsor which has big markets in the US and here. The whole point of City's global model is we can leverage bigger deals because we have a footprint all over the world. At the same time we can reduce our costs by sharing staffing and service costs etc etc.
This is the way all successful international corporations operate. There is nothing to stop any other football club owners from using a similar business model. It is fundamentally wrong that any of our commercial rivals should have a say in how we allocate our sponsorship revenues. This is just the latest in a long line of corrupt moves to try and undermine our football club and, as usual, it is being led by the usual suspects.
They will "take into account" FMV assessments provided by the redshirts and declare them fine.That's easy. The review will determine their deal to be at fair value. They are no long-term threat.
The interest of a global deal to a potential sponsor would be that they pay lower for a global deal than they would for multiple deals in individual markets, so I don't see these new rules as a threat to our share of CFG sponsorship deals. Don't forget, the rules don't ban associated deals, they just say they will be assessed at fair value.
Also, the PL has no jurisdiction over the CFG, so they would be told to get stuffed in any request for sensitive commercial information and if they pushed it, they would lose.
Lastly, the new rules say the PL can take into account FMV assessments provided by the club. It would be very brave, and stupid, of them to come up with a different number for our share of a global deal if ours was truly independent, especially as they have listed all the elements to be taken into account in FMV, so we can completely mirror their approach.
Especially if they call their businesses Related Party UAE and Related Party SA.Will mention it again.
Newcastle and City need to get around a table and get the Saudi’s to Sponsor City via Aramco give us the biggest deal based on recent performance/record and ADUG gives them our current deal with Etihad.
no one will be sponsored by “related parties”. And if they winge and moan this has racism and jealousy written all over it and ripe for a civil court case as to why saudis can’t sponsor city and ADUG can’t sponsor Newcastle.
they won’t have any flipping leg to stand on.
Khaldoon can drop the mic and walk off the stage….
I've not read the article so may be wrong, but isn't this just a draft proposal and no one has voted on anything yet? Are you thinking of the temporary block on Newcastle's sponsorships where we abstained and so 18 voted in favour?So 18 clubs voted in favour of this nonsense. American owned redshirts plus Spurs are 4 in total. Chelsea sails on a raft of Abramovich loans. Thus, 13 clubs have voted to hamstring themselves in the event of being taken over by a multimillionaire. Why?
We could but the preferred business model is City to stand on its own feet, after initial investment period. This make good business sense keeping us professional and making CFG an attractive proposition to clubs, i.e. City not a drain on resources.Not sure why Newcastle (us and psg too) don't just get our owners to pump cash in as loans in perpetuity? Uefa and the pl have no issue with debt apparently, and isn't this pretty much what abramnovich does at Chelsea?
They would try to call such a deal associated. Wording of the regs has massive wriggle room.Will mention it again.
Newcastle and City need to get around a table and get the Saudi’s to Sponsor City via Aramco give us the biggest deal based on recent performance/record and ADUG gives them our current deal with Etihad.
no one will be sponsored by “related parties”. And if they winge and moan this has racism and jealousy written all over it and ripe for a civil court case as to why saudis can’t sponsor city and ADUG can’t sponsor Newcastle.
they won’t have any flipping leg to stand on.
Khaldoon can drop the mic and walk off the stage….
Not nearly enough!Say Amazon want to pay us 200m a year for an shirt deal is that fine?
Not nearly enough!
Would be assessed for fair value. Would it pass? Hmmm...
I am assuming that the new rules will mirror UEFA. Any transaction over 30% of turnover is automatically deemed related. (But only if associated?)So they going assesses none related sponsors then?
Yes, but hard if there are a shortage of comparablesIs there a legal definition of "at arms length".
I am assuming that the new rules will mirror UEFA. Any transaction over 30% of turnover is automatically deemed related. (But only if associated?)
Until PL issue a full set of final rules we are all guessing a bit.
If you are City, related parties include anyone you once had a coffee with. If you are a red shirt, there are no related parties.Aren’t Related parties only from the country our owner is from seeing he is royalty?
Say Amazon want to pay us 200m a year for an shirt deal is that fine?
Surely by now we all realize that the need for rules is to allow UEFA and PL to expect strict adherence by City whilst choosing to ignore conformity by others.lets open up all the football clubs accounts and put them on the table and let see what's going on and make them public ? if football clubs keep saying the fans are the main people at the football clubs then show us the accounts to prove it
is it only manchester city that the books are closely monitored and reviewed by UEFA and the premier league and media ? like many already have said united and the so called elite books are never in question