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

[Centurions]

Re: City & FFP (continued)

A quick question for those that are well up on FFP. Realistically, what could we afford to spend next year? If, for instance, we make £20 million profit, does that mean we can spend £50 million in total (which would put us a £30 million loss overall which is allowed)?

The reason why I ask is that will we ever be able to spend £70-£100 like Real for a truly world class player, or will doing so instantly put us in contravention of FFP for the following year?

Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.

The wage bill shouldn't be anywhere near £230m, that figure from 2012-2013 includes Mancini's payoff and all his backroom staff. Also next years will reflect the new Barcelona style wage structure.

 

[MeatHunterrr]

Re: City & FFP (continued)

A quick question for those that are well up on FFP. Realistically, what could we afford to spend next year? If, for instance, we make £20 million profit, does that mean we can spend £50 million in total (which would put us a £30 million loss overall which is allowed)?

The reason why I ask is that will we ever be able to spend £70-£100 like Real for a truly world class player, or will doing so instantly put us in contravention of FFP for the following year?

Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.

our wage bill will be less than £230m. probably under £200m in 2014-15 figures when they come next year. in 13-14 figures maybe just over £200m.

 

[BluessinceHydeRoad]

Re: City & FFP (continued)

If Soriano's revenue projections and the bluemoon wages projections are at all accurate we'll have reached the magical ratio - wages only 50% of turnover. It's simply not fair play - you shouldn't be allowed to win every domestic trophy, and the PL thrown in twice while you're getting your finances sorted out.

 

[Bodicoteblue]

Re: City & FFP (continued)

If Soriano's revenue projections and the bluemoon wages projections are at all accurate we'll have reached the magical ratio - wages only 50% of turnover. It's simply not fair play - you shouldn't be allowed to win every domestic trophy, and the PL thrown in twice while you're getting your finances sorted out.

There ought to be a law against it!

 

[Bluewonder]

Re: City & FFP (continued)

If Soriano's revenue projections and the bluemoon wages projections are at all accurate we'll have reached the magical ratio - wages only 50% of turnover. It's simply not fair play - you shouldn't be allowed to win every domestic trophy, and the PL thrown in twice while you're getting your finances sorted out.

Which will leave us with more surplus cash that every other English club. Of course Utd's revenue may well return to the top with CL money (if they qualify this time), but until then (and considering they have that debt to pay off) we should be able to outspend our competitors in the transfer market.

 

[gordondaviesmoustache]

Re: City & FFP (continued)

If Soriano's revenue projections and the bluemoon wages projections are at all accurate we'll have reached the magical ratio - wages only 50% of turnover. It's simply not fair play - you shouldn't be allowed to win every domestic trophy, and the PL thrown in twice while you're getting your finances sorted out.

I think some supporters of other clubs are going to be truly astonished at our figures in the next five years. I think the vast, vast majority of them haven't got a fucking scooby about what's coming.

 

[Bodicoteblue]

Re: City & FFP (continued)

You can still bet your bottom dollar that we will be called cheats.
Fans of other clubs will not look beyond the fact that we have a rich owner and will just assume that he has been pumping money into the club indiscriminately, or they will say that we couldn't have achieved this without some sort of financial chicanery.
I have already had this discussion with arse fans and there is no way they will believe anything other than that.
It's already been done to death in another thread , but I will be keen to see how this financial miracle is covered in the
"Popular media"
Not holding my breath for a favourable, or even fair , response

 

[stony]

Re: City & FFP (continued)

You can still bet your bottom dollar that we will be called cheats.
Fans of other clubs will not look beyond the fact that we have a rich owner and will just assume that he has been pumping money into the club indiscriminately, or they will say that we couldn't have achieved this without some sort of financial chicanery.
I have already had this discussion with arse fans and there is no way they will believe anything other than that.
It's already been done to death in another thread , but I will be keen to see how this financial miracle is covered in the
"Popular media"
Not holding my breath for a favourable, or even fair , response

Nothing surer. Liverpool fans on RAWK are convinced that Mansour buys thousands of tickets every home game just for FFP purposes.

 

[waspish]

Re: City & FFP (continued)

You can still bet your bottom dollar that we will be called cheats.
Fans of other clubs will not look beyond the fact that we have a rich owner and will just assume that he has been pumping money into the club indiscriminately, or they will say that we couldn't have achieved this without some sort of financial chicanery.
I have already had this discussion with arse fans and there is no way they will believe anything other than that.
It's already been done to death in another thread , but I will be keen to see how this financial miracle is covered in the
"Popular media"
Not holding my breath for a favourable, or even fair , response

Well just tell them with FFP they go through our books with a fine tooth comb with Gill looking over them so everything is above board

 

[LoveCity]

Re: City & FFP (continued)

You can still bet your bottom dollar that we will be called cheats.
Fans of other clubs will not look beyond the fact that we have a rich owner and will just assume that he has been pumping money into the club indiscriminately, or they will say that we couldn't have achieved this without some sort of financial chicanery.
I have already had this discussion with arse fans and there is no way they will believe anything other than that.
It's already been done to death in another thread , but I will be keen to see how this financial miracle is covered in the
"Popular media"
Not holding my breath for a favourable, or even fair , response

Nothing surer. Liverpool fans on RAWK are convinced that Mansour buys thousands of tickets every home game just for FFP purposes.

A rag I know, when I explain the empty seats on camera are season ticket holders no-showing, says something similar. He legitimately thinks Sheikh Mansour buys thousands of season tickets, while we have a waiting list of over 7,000. It's full-on indoctrination and nothing you say, no amount of logic you throw in their face, makes a difference.