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

[City1974]

Re: City & FFP (continued)

Over the past 2 years Liverpool have lost £ 50 million each year
http://www.telegraph.co.uk/sport/football/teams/liverpool/10674861/Liverpool-announce-loss-of-nearly-50m-in-latest-annual-club-accounts.html


.

When are UEFA giving Liverpool their slap on the wrist?

Liverpool although in the Champions League this season will only have to pass FFP next spring\summer if they qualify for Europe again, and that check will be for the their accounts for this season ahead only. Thus as long as they do not make such a loss for this season they will not get punished next year by Ueafa.

Interestingly Chelsea made huge losses for many years and even for the year up to the end of 2013, but then magically made a profit of £ 1 million to avoid FFP. This year they have been lucky getting £ 40 million for Luiz, £ 34 million for Mata and £ 27 million for Lukaku that has allowed them to buy Costa £ 32 million) , Fabregas (£ 30 million) , Filipe Luis (£ 20 million), Remy (£ 10.5 million), Matic (£ 21 million) and Zouma (£ 12.5 million). Unless they sell Hazard they will not have that option next summer of spending big again.
http://www.bbc.co.uk/sport/0/football/25564078

The Premier League and Football League (at least to Championship level) also now have FFP which I think comes into effect at the end of this season. Thus how will the likes of QPR fair ?

 

[BluessinceHydeRoad]

Re: City & FFP (continued)

All these jokes are buggin' me - I hope my BP hasn't gone through the roof>

 

[Ray78]

Re: City & FFP (continued)

Derv.

 

[bluevengence]

Re: City & FFP (continued)

I tried to fill my car with petrol this morning at my local service station, but I couldn't. It's just been completely refurbished by the owners with the blessing of the Union of European Petroleum Associations (UEPA), so that it's invested a fortune in new pumps, a new shop and payment facilities so that it's far easier to use than any of it's rivals, there's no queuing and the petrol is 5p per litre cheaper. Trouble is it's had to close down because it hasn't got any petrol - UEPA won't let it spend more than last year's turnover on petrol or it's fined 60 million euros and banned forever from selling petrol if it does it again - and it's up to its spending limit now because it's so popular and has spent so much on petrol.

A crude analogy ;-)

Thought it was quite slick myself but then I have refined tastes...

So they have them over a barrel then

 

[Prestwich_Blue]

Re: City & FFP (continued)

A crude analogy ;-)

Thought it was quite slick myself but then I have refined tastes...

So they have them over a barrel then

Some of these puns could be more refined in my opinion.

 

[crazyg]

Re: City & FFP (continued)

All these restrictions.

Diesel go if we're in profit.

 

[Prestwich_Blue]

Re: City & FFP (continued)

Over the past 2 years Liverpool have lost £ 50 million each year
http://www.telegraph.co.uk/sport/football/teams/liverpool/10674861/Liverpool-announce-loss-of-nearly-50m-in-latest-annual-club-accounts.html


.

When are UEFA giving Liverpool their slap on the wrist?

Liverpool although in the Champions League this season will only have to pass FFP next spring\summer if they qualify for Europe again, and that check will be for the their accounts for this season ahead only. Thus as long as they do not make such a loss for this season they will not get punished next year by Uefa.

Liverpool's situation is slightly more complicated than that. They have been somewhat lucky as they would almost certainly have failed FFP on their last 2 financial year's results. They had losses close to £100m and shouldn't have been able to offset their 2011/12 wages as they incurred a bigger loss in 2013 than they did in 2012.

However they have apparently been assessed and my understanding is that any team in their position that did fail, have to submit the next set of accounts next month.

They'll still be over the limit I'd imagine, assuming they broke even in 2014. However they can then look at using the 2011/12 wages.

The key question will be whether they need to show an improvement over 3 seasons (which they can't) or just over 2 seasons (which I expect they will). If the latter then they'll still have failed, strictly speaking, but won't be sanctioned.

 

[Damanino]

Re: City & FFP (continued)

Arsenal income for 2013-2014: around 300m pounds. About 55m more than last time coming from commercial growth, good FA-cup run and new tv money from Sky/BT.
Their wage bill for 13-14 season was 166m pounds.

<a class="postlink" href="http://www.arsenal.com/news/news-archive/20140919/arsenal-announce-full-year-profits" onclick="window.open(this.href);return false;">http://www.arsenal.com/news/news-archiv ... ar-profits</a>

Hopefully soon City make the numbers public too.

 

[mancity dan]

Re: City & FFP (continued)

Arsenal income for 2013-2014: around 300m pounds. About 55m more than last time coming from commercial growth, good FA-cup run and new tv money from Sky/BT.
Their wage bill for 13-14 season was 166m pounds.

<a class="postlink" href="http://www.arsenal.com/news/news-archive/20140919/arsenal-announce-full-year-profits" onclick="window.open(this.href);return false;">http://www.arsenal.com/news/news-archiv ... ar-profits</a>

Hopefully soon City make the numbers public too.

Think we will be waiting to November at the earliest.

 

[mcfcphil]

Re: City & FFP (continued)

Thought it was quite slick myself but then I have refined tastes...

So they have them over a barrel then

Some of these puns could be more refined in my opinion.

If they don't lift the restrictions there will be blood