FanchesterCity
Well-Known Member
Re: City & FFP (continued)
I've not looked for a while, but when I last did, I was absolutely convinced UEFA had lumped in wages and bonuses as the same thing, in order to prevent clubs pulling a stunt. If I'm right, the only advantage to City will be the simple truth of mitigating their risk of paying high wages and not getting success.
If I'm wrong, the 'bonus' must help them in other significant ways
ColinLee said:They'll have an apoplectic fit next December when the renegotiated wages will come into play, unless we win everything this season in which case the bonuses will kick in.FanchesterCity said:ColinLee said:The renegotiated contracts were (I think) exclusively done this Summer therefore won't appear until next year.
The staff movement (which is sensible given the structure of CFG) and Mancini and his backroom staff's pay off having already been paid from the previous years accounts form a large percentage of it.
Ah yes, I stand corrected, they were mostly this summer (as far as we know). But still, I'm sure we'll have reached the end of a wave of contracts too (as is normal every year). For me, the biggest factor is the percentage of revenue, which people misinterpret as a reduction in absolute terms, and not a relative one. 'City reduce wage costs' is the headline and the speculation is that it's all dodgy accounting!
I'm presuming the bonuses will be included in the wages and don't fall under some other heading?
I've not looked for a while, but when I last did, I was absolutely convinced UEFA had lumped in wages and bonuses as the same thing, in order to prevent clubs pulling a stunt. If I'm right, the only advantage to City will be the simple truth of mitigating their risk of paying high wages and not getting success.
If I'm wrong, the 'bonus' must help them in other significant ways