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

[BigOscar]

Re: City & FFP (continued)

I love that the entire thing is openly about how some owners don't want to invest anymore, so it's about how to allow them to not invest without losing out to those willing to do so. They repeatedly admit this, with a straight face. It's mental

 

[nowantads]

Re: City & FFP (continued)

"It's about us and especially about Platini to convince these persons (mcfc&psg?) to walk alongside to this path and not to try to go their own way."

"don't challenge ffp or you can get out of champions league" (self-reg between clubs) ? As a club manchester city doesn't challenge the ffp does it? Or does he want us to say gushing praises about ffp?

 

[LoveCity]

Re: City & FFP (continued)

Talks today but no specifics yet...

tariq panja ‏@tariqpanja 2 minutes ago
UEFA says club reps, including from PSG and Man City, met Platini today in FFP discussion. Talks were ``full and frank''.

tariq panja ‏@tariqpanja 1 minute ago
Clubs discussions at UEFA on FFP included talks on `fair value related transactions'- City and PSG both targeted by UEFA on this issue

tariq panja ‏@tariqpanja 54 seconds ago
FFP discussions also included debate about possible advantages to clubs like Liverpool and Monaco who didn't play in Europe season before

 

[MeatHunterrr]

Re: City & FFP (continued)

will these talks lead to something eventually?

 

[BluessinceHydeRoad]

Re: City & FFP (continued)

Rummenigge trying to justify the existence of FFP.


Rummenigge: Clubs must work together on FFP

Bayern Munich president Karl-Heinz Rummenigge wants to see European clubs work together to ensure Financial Fair Play (FFP) is adhered to.

A host of clubs have been investigated by UEFA in recent months after possible breaches of FFP regulations, including Liverpool, Inter and Roma.

Manchester City and Paris Saint-Germain, meanwhile, were both fined and hit with sanctions by the governing body in May for breaches of the regulations.

Rummenigge believes fines and sanctions are not the right way forward, though, and says self-regulation between the clubs is the best way for FFP to be implemented.

"Basically I'm not a friend of penalties as there are many examples in politics that show sanctions are not getting the intended results," he told Goal.

"I'm a person who likes to convince. We've got a meeting at UEFA in Geneva on which the president of PSG and the chairman of Man City will participate, and also clubs will participate who have well implemented the guidelines of FFP.

"At the end of the day we need to create a community. We're all in the same boat and we need to row together for the benefit of football.

"I can remember a conversation with [UEFA president Michel] Platini and me with Roman Abramovich, the owner of Chelsea and he uttered very positive [words] about FFP. He had to spend hundreds of millions of euros every year to equalise the deficits of the club and to keep the balance sheets in good conditions.

"That cannot be in the interest of an investor.

"We heard the same from Silvio Berlusconi, owner of Milan, and Massimo Moratti, former owner of Inter.

"Actually I've heard nobody commenting negative about FFP.

"It's about us and especially about Platini to convince these persons to walk alongside to this path and not to try to go their own way."

Read more at <a class="postlink" href="http://www.fourfourtwo.com/news/clubs-must-work-together-implement-ffp-rummenigge#UTqBFHIJDKiPyQqi.99" onclick="window.open(this.href);return false;">http://www.fourfourtwo.com/news/clubs-m ... KiPyQqi.99</a>

Brilliant, FB. I've seen hundreds of attempts at satire on Bluemoon since I joined, but none comes within miles of this one. Truly excellent. The only problem is that I became aware about half way through that it was a send up - not even Rummenigge would be stupid enough to be so transparent.

 

[BillyShears]

Re: City & FFP (continued)

Talks today but no specifics yet...

tariq panja ‏@tariqpanja 2 minutes ago
UEFA says club reps, including from PSG and Man City, met Platini today in FFP discussion. Talks were ``full and frank''.

tariq panja ‏@tariqpanja 1 minute ago
Clubs discussions at UEFA on FFP included talks on `fair value related transactions'- City and PSG both targeted by UEFA on this issue

tariq panja ‏@tariqpanja 54 seconds ago
FFP discussions also included debate about possible advantages to clubs like Liverpool and Monaco who didn't play in Europe season before

If I were to hazard a guess I'd say that the "related transactions" will have been high on both PSG and City's agenda. Both within football, and in the advertising world in general, it's difficult not to avoid the high visibility campaigns of companies related to AD, Qatar, Dubai, etc. It's part of the Emirate business model, to use their financial power to out market their rivals and provide a superior product.

Arsenal did a shirt sponsorship deal with Emirates two years ago worth 150 million over 5 years. For UEFA to suggest then that a deal with Etihad based around similar ballpark figures isn't acceptable to them simply because Etihad is an AD based airline is a nonsense. It's effectively punishing Sheikh Mansour for being a successful business man who can have his business's work for each other in different ways. The visibility which Etihad gets from City has a market value which Etihad decide based on how successful they think City will be. It's not a value which UEFA should be deciding based on FFP.

 

[Newman Noggs]

Re: City & FFP (continued)

Talks today but no specifics yet...

tariq panja ‏@tariqpanja 54 seconds ago
FFP discussions also included debate about possible advantages to clubs like Liverpool and Monaco who didn't play in Europe season before

And what would that mean ? An acknowledgement that without Champions League income you can't get into the Champions League without breaking the regulations therefore an allowance in terms of lossses ? and wouldn't that benefit other clubs currently out of the CL. Clubs like the rags to pick a random example ?

 

[OB1]

Re: City & FFP (continued)

I don't like it up here can someone put me back in my stable FFS........lol

Managed to get a nice bit of info over the weekend. City, the campus and all of the CFG are in the process of consolidating all of the I.C.T. syatems (a massive undertaking given the dozens of different systems used across CFG). This will form part of a pretty big sponsorship agreement with the software company involved. I won't specifically name the company except to say they are a German giant.

Come on, don't be a sap, tell us who it is.

 

[chris85mcfc]

Re: City & FFP (continued)

I don't like it up here can someone put me back in my stable FFS........lol

Managed to get a nice bit of info over the weekend. City, the campus and all of the CFG are in the process of consolidating all of the I.C.T. syatems (a massive undertaking given the dozens of different systems used across CFG). This will form part of a pretty big sponsorship agreement with the software company involved. I won't specifically name the company except to say they are a German giant.

Come on, don't be a sap, tell us who it is.

Yea come on, don't be Such A Prick :)

 

[BluessinceHydeRoad]

Re: City & FFP (continued)

Talks today but no specifics yet...

tariq panja ‏@tariqpanja 2 minutes ago
UEFA says club reps, including from PSG and Man City, met Platini today in FFP discussion. Talks were ``full and frank''.

tariq panja ‏@tariqpanja 1 minute ago
Clubs discussions at UEFA on FFP included talks on `fair value related transactions'- City and PSG both targeted by UEFA on this issue

tariq panja ‏@tariqpanja 54 seconds ago
FFP discussions also included debate about possible advantages to clubs like Liverpool and Monaco who didn't play in Europe season before

If I were to hazard a guess I'd say that the "related transactions" will have been high on both PSG and City's agenda. Both within football, and in the advertising world in general, it's difficult not to avoid the high visibility campaigns of companies related to AD, Qatar, Dubai, etc. It's part of the Emirate business model, to use their financial power to out market their rivals and provide a superior product.

Arsenal did a shirt sponsorship deal with Emirates two years ago worth 150 million over 5 years. For UEFA to suggest then that a deal with Etihad based around similar ballpark figures isn't acceptable to them simply because Etihad is an AD based airline is a nonsense. It's effectively punishing Sheikh Mansour for being a successful business man who can have his business's work for each other in different ways. The visibility which Etihad gets from City has a market value which Etihad decide based on how successful they think City will be. It's not a value which UEFA should be deciding based on FFP.

Is it not something which could land UEFA in court with a multi-million dollar damages suit? If UEFA told Chevrolet that their deal with United was overvalued would their reply not be along the lines that that was for them to decide because they didn't want to identify their cars with a brand which was a mid table joke getting nothing but bad publicity, but with a club which had invested Chevrolet money to become a football powerhouse.... Similarly Etihad aren't motivated by a desire to give City a few bob, but by using Abu Dhabi money to associate club and company with a football superpower - and this leads them to set the limit on their investment. If they just wante to chuck a few bob into football they might as well sponsor Accrington Stanley.