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

[SilverFox2]

Sure they wern`t Greeks and plates ?? ;)

Good point.

Perhaps my recollection of this incident was a little distorted by several ouzos and the bar staff insisting I had a plastic cup the next day.

Hahaha.Where were you holidaying at the time mate ?

Rhodes, in fact most of them were extremely friendly but at the time I found that educating them to understand that MCFC were the team they should get to know rather than an historical memory of a past generation in Salford.

Edit
Regarding FFP, I wonder what effect the Swiss change to the way they are treating Sports Organisations will affect both UEFA and FIFA ?
The Garcia challenge to the corruption report findings has been dismissed by Blatter despite the USA lawyer being appointed by Blatter to carry it out.
Blatter seems to be behaving just like the G14 in carrying on as normal despite change about to overtake him (I believe it will be April next year).

Perhaps I expect too much from the Swiss legal system but something has stimulated them to substitute legal indifference for legal change and direct targeting.

 

[tolmie's hairdoo]

S04 Russia is wholly reliant on imports they only export oil.

The oil squeeze is seriously killing their economy.

The U.A.E, Saudi Arabia, The USA. A very clever plan to bring Russia to heel.

Seemingly to also apply the pressure on Iran/Syria, who have always had Russian support?

Let's see how much left that fucker Abramovich has managed to salt away before Putin decides to sacrifice his ally.

Shows you how much Sheikh Mansour and his like are really worth, willing to take a pinch of such magnitude in the short term.

 

[Sir peace frog]

S04 Russia is wholly reliant on imports they only export oil.

The oil squeeze is seriously killing their economy.

The U.A.E, Saudi Arabia, The USA. A very clever plan to bring Russia to heel.

Seemingly to also apply the pressure on Iran/Syria, who have always had Russian support?

Let's see how much left that fucker Abramovich has managed to salt away before Putin decides to sacrifice his ally.

Shows you how much Sheikh Mansour and his like are really worth, willing to take a pinch of such magnitude in the short term.

oi get on the transfer forum and sort some videos out(highlight of the transfer window)

 

[mancity dan]

Any chance we can get this back on track? ;)

 

[BillyShears]

Any chance we can get this back on track? ;)

Sure ... I just posted this in the transfer forum but think it belongs in here too. As far as I'm can tell, we are under no financial constraints in terms of what we can and can't spend this January. By UEFA/City's own words the sanctions imposed upon us were as such:

The Club’s expenditure on new players for the upcoming summer transfer window, on top of income from players it might sell, will be limited to 60m euros. This will have no material impact on the Club’s planned transfer activity.

The wage bill of the whole club (playing and non-playing staff) for 2014-15 will need to remain at the same level as that of 2013-14 season. It is important to note that additional bonuses for performances can be paid outside this number. Importantly, in reality, the existing MCFC business plan sees a natural decline in that wage bill.

So effectively we can again spend what we like in terms of the fee for a player. Wages are a bit more tricky but I'd assume that the latest set of accounts had Negredo's wages in there and Nastasic's. Negredo is gone now, and if we can rid ourselves of Nasty too that's practically 150k a week we can pay someone without increasing the wage bill.

 

[chris85mcfc]

Interesting MA

I don't think anyone has a definitive answer, it all seems a bit vague

We certainly could do with having a little bit to spend in January :)

 

[BillyShears]

Interesting MA

I don't think anyone has a definitive answer, it all seems a bit vague

We certainly could do with having a little bit to spend in January :)

Personally I think part of the process right now for City, and it's reinforced by Pellegrini in press conferences, is to continue to tow the party line that we have sanctions imposed upon us. However whilst the world seems to think those are based around what we can spend, I reckon they're just the limits we have in terms of foreign players we can register for the CL, and the wage cap.

It also makes sense if you look at the sale of Negredo. In the summer if we'd tried to replace him we would have had a limit on what we could spend (maybe that killed the Falcao deal) - however by leaving it alone until now it affords us much more freedom as we were well within the net spend limit for the summer, and therefore should be operating without a net spend sanction this Jan.

 

[stony]

Any chance we can get this back on track? ;)

Sure ... I just posted this in the transfer forum but think it belongs in here too. As far as I'm can tell, we are under no financial constraints in terms of what we can and can't spend this January. By UEFA/City's own words the sanctions imposed upon us were as such:

The Club’s expenditure on new players for the upcoming summer transfer window, on top of income from players it might sell, will be limited to 60m euros. This will have no material impact on the Club’s planned transfer activity.

The wage bill of the whole club (playing and non-playing staff) for 2014-15 will need to remain at the same level as that of 2013-14 season. It is important to note that additional bonuses for performances can be paid outside this number. Importantly, in reality, the existing MCFC business plan sees a natural decline in that wage bill.

So effectively we can again spend what we like in terms of the fee for a player. Wages are a bit more tricky but I'd assume that the latest set of accounts had Negredo's wages in there and Nastasic's. Negredo is gone now, and if we can rid ourselves of Nasty too that's practically 150k a week we can pay someone without increasing the wage bill.

I never knew the bit about the wage bill. So even if we had attracted new sponsors worth hundreds of millions and showed a healthy profit, they still put that in place to stop us spending. Proof if any were needed that those sanctions were nothing to do with fair play or sustainability and everything to do with stopping us.

 

[Prestwich_Blue]

The Club’s expenditure on new players for the upcoming summer transfer window, on top of income from players it might sell, will be limited to 60m euros. This will have no material impact on the Club’s planned transfer activity.

So effectively we can again spend what we like in terms of the fee for a player.

Here's what the UEFA statement said about the transfer budget restriction:

Manchester City agrees to significantly limit spending in the transfer market for seasons 2014/2015 and 2015/2016.
Manchester City further accepts a calculated limitation on the number of new registrations it may include within their “A” List for the purposes of participation in UEFA competitions. This calculation is based on the clubs net transfer position in each respective registration period covered by this agreement.

I read that as we have a restriction on each registration period (summer and winter) whereas the City statement only mentioned a net €60m in the summer. So the implication is that we have some restriction in place for the January window, which could be part of that €60m, another €60m or a different figure altogether. So, for example, UEFA could have said a net €60m in the summer and €40m in January, possibly with anything we didn't spend in summer carried over. Or it could be that we can only spend what we didn't spend in the summer.

So I'm not as confident as you that there is no restriction in place in January.

 

[Victoria-bahs]

So my Reading of the last comment... we can spend what we want so long as the player is not part of our CL squad... as we cannot have any other player in the limited euro squad ( without takining one out) we can spend what we like?