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

[BackgroundBlue]

Re: City & FFP (continued)

"If you wait by the river long enough, the bodies of your enemies will float by." ― Sun Tzu, The Art of War


(on my second G&T)

Be extremely subtle, even to the point of formlessness. Be extremely mysterious, even to the point of soundlessness.

(3rd G&T)

 

[BertTrautmann'sParachute]

Re: City & FFP (continued)

"If you wait by the river long enough, the bodies of your enemies will float by." ― Sun Tzu, The Art of War

And if it's the Mersey, they'll also be some shopping-trollies and the odd armchair.

 

[r.soleofsalford]

Re: City & FFP (continued)

"If you wait by the river long enough, the bodies of your enemies will float by." ― Sun Tzu, The Art of War


(on my second G&T)

i love that guy

 

[BluessinceHydeRoad]

Re: City & FFP (continued)

The "sustainability" or otherwise of United's debt is of little significance apart from the light it throws on the motives of UEFA and those supporting FFP. How does UEFA defend a set of regulations which allows a club which is more than its annual turnover in debt to spend some £150 million on players in one transfer window while club which is not 1p in debt and whose expenditure is covered by its owner is fined, has it's squad limited to 21 for the CL and has a ceiling on what it can spend on players set at less than 1/3 of what United eventually spent. It is nonsense to argue that United's revenues are large enough to sustain such debt levels indefinitely but that Sheikh Mansour's wealth is not sufficient to cover one season's overspend on players! In fact United found their debt uncomfortable enough to have reschedule it not long ago - rather like Leeds in 2001!

So what do you do to "persuade" a club in debt to devote its resources to debt repayment rather than a dash to buy players? Well, a limit on what can be spent on players seems stunningly appropriate, as does a limit on squad numbers. Where there's a will there's a way. Over to you Mr Gill.

 

[waspish]

Re: City & FFP (continued)

Thing with the debt the scum have if they don't qualify for the champs league for the next 3 season will they be in trouble? If NO the debt is serviceable..

 

[City Glory While Others Fade]

Re: City & FFP (continued)

Thing with the debt the scum have if they don't qualify for the champs league for the next 3 season will they be in trouble? If NO the debt is serviceable..

Surely any consideration as to the ability to service a debt from future earnings has to be based on what is guaranteed. FIFA would have to ignore future champs league revenue as this is dependent of on the pitch success, also any commercial deals with penalties for not playing champions league football would have to factored in.

If debt repayment is under consideration utd might have a problem if their payment is dependant on certain successes such as qualification for champions league.

 

[waspish]

Re: City & FFP (continued)

Thing with the debt the scum have if they don't qualify for the champs league for the next 3 season will they be in trouble? If NO the debt is serviceable..

Surely any consideration as to the ability to service a debt from future earnings has to be based on what is guaranteed. FIFA would have to ignore future champs league revenue as this is dependent of on the pitch success, also any commercial deals with penalties for not playing champions league football would have to factored in.

If debt repayment is under consideration utd might have a problem if their payment is dependant on certain successes such as qualification for champions league.

Agree but if they still are able to service the debt without meeting that criteria that in itself will show that there debt is serviceable.. The problem is now with ffp is that clubs who make champs league every season for 3/4 years are dependant on champs league money but if they drop out they will be in trouble meeting ffp it's a vicious circle and why ffp should be scrapped

 

[Newman Noggs]

Re: City & FFP (continued)

Thing with the debt the scum have if they don't qualify for the champs league for the next 3 season will they be in trouble? If NO the debt is serviceable..

Surely any consideration as to the ability to service a debt from future earnings has to be based on what is guaranteed. FIFA would have to ignore future champs league revenue as this is dependent of on the pitch success, also any commercial deals with penalties for not playing champions league football would have to factored in.

If debt repayment is under consideration utd might have a problem if their payment is dependant on certain successes such as qualification for champions league.

This is exactly where we became "the fox in the henhouse". Until we came along, the members of the cartel had arranged matters precisely in such a way that qualification for the Champions League was guaranteed. It was the whole point of the change to top four qualification. It is also why the reaction against us has been so vicious.

 

[jrb]

Re: City & FFP (continued)

Look at it like this.

It's a moral victory of sorts, so far.

The fact that UEFA, no doubt under pressure from City, PSG, other clubs affected by FFPR, and even other cartel clubs who don't have debt like Bayern, are even looking at this, and have gone public on it, is a positive.

I can imagine the cartel clubs that are in debt are totally against this review, and will fight any tweaks to FFPR that punish clubs who are in debt, regardless of their revenues.

The hunters have just become the hunted.

 

[80s Shorts]

Re: City & FFP (continued)

"If you wait by the river long enough, the bodies of your enemies will float by." ― Sun Tzu, The Art of War


(on my second G&T)

Be extremely subtle, even to the point of formlessness. Be extremely mysterious, even to the point of soundlessness.

(3rd G&T)