S04
Well-Known Member
PrestwichPeteMcfc said:
It will be adjusted..
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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
It will be adjusted..
Prestwich_Blue
Well-Known Member
Correct. The outstanding value of the contract will be re-apportioned over the length of the new contract.S04 said:PrestwichPeteMcfc said:Quick question, apologies if it's already been answered:
Are transfer fees amortised only over the length of the initial contract, or is the annual amortisation adjusted (reduced) when a contract is extended?
It will be adjusted..
bluechampion7891
Well-Known Member
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<a class="postlink" href="http://www.goal.com/en/news/745/fifa/2014/12/29/7472922/financial-fair-play-prevents-new-investment-in-football-ac-milan-?ICID=HP_TS_4" onclick="window.open(this.href);return false;">http://www.goal.com/en/news/745/fifa/20 ... ID=HP_TS_4</a>
so one of the instigators of FFP bitten by it. if only the rags and the german rags turn up like this in the end
By Paul Macdonald at the Dubai International Sports Conference
AC Milan sporting director Umberto Gandini believes that current Financial Fair Play (FFP) regulations prevent new investment in football clubs.
Speaking at the International Sports Conference in Dubai, the Italian stated his belief that FFP maintains the status quo of the established European sides and doesn’t provide equal conditions of competition.
Gandini is also the vice-chairman of the European Club Association (ECA), an independent body that represents the interests of teams in European competitions, one that is also heavily involved in the decision-making process when implementing new directives.
FFP has been the subject of intense scrutiny recently, with Jose Mourinho branding the current set-up a "contradiction", and Gandini feels that the situation requires reassessment.
The Italian said: "Financial Fair Play has brought some control and common sense into the administration of football clubs in Europe.
"It has been a success in terms of producing a reduction in the overall losses in European football.
"On the other hand, there is a crystallisation [of the top clubs] and we now have significant investors waiting to come into the game but they are prevented from doing so by FFP.
"There are currently five or six major clubs in Europe but what Uefa should be aiming for is to have 20 major clubs."
Also speaking at the conference, Uefa General Secretary Gianni Infantino defended FFP, countering: "It is important to look to the future. What FFP has done is make sure that when you manage a club you have to do so in a certain way.
"There was a period of austerity and now we should look to the next stage - and that is growth. There can still be 20 major clubs and not just in England but major European clubs too. We just have to be brave."
Infantino also showed frustration when asked to comment on the ongoing controversy surrounding the decision to award Qatar the 2022 World Cup, stating his desire for clarity on the subject of Michael Garcia's report on corruption within Fifa.
He added: “The vote [to award Qatar the tournament] took place four years ago, and people are still talking about it. Either there is something in it, or there is nothing. The sooner everything is out and everything is clear, it will be better.
“We are a little bit fed up.”
so one of the instigators of FFP bitten by it. if only the rags and the german rags turn up like this in the end
Bluewonder
Well-Known Member
- Joined
- 24 Jun 2013
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- 3,586
Re: City & FFP (continued)
What a total hypocrite. I hope they succumb to a lengthy period of absolute mediocrity.
bluechampion7891 said:http://www.goal.com/en/news/745/fifa/2014/12/29/7472922/financial-fair-play-prevents-new-investment-in-football-ac-milan-?ICID=HP_TS_4
By Paul Macdonald at the Dubai International Sports Conference
AC Milan sporting director Umberto Gandini believes that current Financial Fair Play (FFP) regulations prevent new investment in football clubs.
Speaking at the International Sports Conference in Dubai, the Italian stated his belief that FFP maintains the status quo of the established European sides and doesn’t provide equal conditions of competition.
Gandini is also the vice-chairman of the European Club Association (ECA), an independent body that represents the interests of teams in European competitions, one that is also heavily involved in the decision-making process when implementing new directives.
FFP has been the subject of intense scrutiny recently, with Jose Mourinho branding the current set-up a "contradiction", and Gandini feels that the situation requires reassessment.
The Italian said: "Financial Fair Play has brought some control and common sense into the administration of football clubs in Europe.
"It has been a success in terms of producing a reduction in the overall losses in European football.
"On the other hand, there is a crystallisation [of the top clubs] and we now have significant investors waiting to come into the game but they are prevented from doing so by FFP.
"There are currently five or six major clubs in Europe but what Uefa should be aiming for is to have 20 major clubs."
Also speaking at the conference, Uefa General Secretary Gianni Infantino defended FFP, countering: "It is important to look to the future. What FFP has done is make sure that when you manage a club you have to do so in a certain way.
"There was a period of austerity and now we should look to the next stage - and that is growth. There can still be 20 major clubs and not just in England but major European clubs too. We just have to be brave."
Infantino also showed frustration when asked to comment on the ongoing controversy surrounding the decision to award Qatar the 2022 World Cup, stating his desire for clarity on the subject of Michael Garcia's report on corruption within Fifa.
He added: “The vote [to award Qatar the tournament] took place four years ago, and people are still talking about it. Either there is something in it, or there is nothing. The sooner everything is out and everything is clear, it will be better.
“We are a little bit fed up.”
so one of the instigators of FFP bitten by it. if only the rags and the german rags turn up like this in the end
What a total hypocrite. I hope they succumb to a lengthy period of absolute mediocrity.
Re: City & FFP (continued)
Whilst it's funny to see some of the early proponents of FFP now realising that the legislation adversely affects them, Gandini could be a useful ally in the fight against it.
For a while, us and PSG stood almost alone, but opposition is growing with Chelsea and now AC adding their dissent. Journalists are also increasingly critical of it, with the penny finally dropping that it serves to protect the hegemony of certain clubs. It's going to be interesting to see what happens to FFP in 2015.
Whilst it's funny to see some of the early proponents of FFP now realising that the legislation adversely affects them, Gandini could be a useful ally in the fight against it.
For a while, us and PSG stood almost alone, but opposition is growing with Chelsea and now AC adding their dissent. Journalists are also increasingly critical of it, with the penny finally dropping that it serves to protect the hegemony of certain clubs. It's going to be interesting to see what happens to FFP in 2015.
Re: City & FFP (continued)
So now we have had our hands tied behind our backs for the last few years and we are coming out of beating ffp, the tide is turning as the penny has just dropped! Fucking hypocrites the players we've missed out on the disgraceful fine, I say fcuk em
So now we have had our hands tied behind our backs for the last few years and we are coming out of beating ffp, the tide is turning as the penny has just dropped! Fucking hypocrites the players we've missed out on the disgraceful fine, I say fcuk em
Salford_Blue
Well-Known Member
If FFP is eventually outed to be the farce we know it is, can City get the fine money back or possibly sue?
Is this why we so meekly agreed to it, knowing that we would bite them on the backside in the ensuing months?
Food for thought.
Is this why we so meekly agreed to it, knowing that we would bite them on the backside in the ensuing months?
Food for thought.
Re: City & FFP (continued)
I don't think FFP will be "thrown out" as such, it will be just be redrafted to allow for greater investment, as long as it's secured in some way.
As such, it will probably prevent us from reclaiming the fine which is a shame - it would've been nice demanding our money back from the clubs who undeservedly took it in the first place.
Think us suing UEFA is highly unlikely too. It would cause us more problems than it would solve.
As Khaldoon said at the time, I think we reluctantly took the "pinch" knowing that it wasn't going to be an issue for us moving forward. Obviously any change or relaxation of the rules regarding investment would benefit us, but we're sitting pretty as it is. Either way, we win.
Ironically, FFP in it's current form is probably to our benefit in that it cements our position at the top table as we got in before the doors were slammed shut. As a football fan though, I hope it does get thrown out or majorly redrafted as it's shit for fans of most other clubs knowing that they will forever stagnate in mediocrity as things stand.
I don't think FFP will be "thrown out" as such, it will be just be redrafted to allow for greater investment, as long as it's secured in some way.
As such, it will probably prevent us from reclaiming the fine which is a shame - it would've been nice demanding our money back from the clubs who undeservedly took it in the first place.
Think us suing UEFA is highly unlikely too. It would cause us more problems than it would solve.
As Khaldoon said at the time, I think we reluctantly took the "pinch" knowing that it wasn't going to be an issue for us moving forward. Obviously any change or relaxation of the rules regarding investment would benefit us, but we're sitting pretty as it is. Either way, we win.
Ironically, FFP in it's current form is probably to our benefit in that it cements our position at the top table as we got in before the doors were slammed shut. As a football fan though, I hope it does get thrown out or majorly redrafted as it's shit for fans of most other clubs knowing that they will forever stagnate in mediocrity as things stand.
Prestwich_Blue
Well-Known Member
The journos didn't come out against FFP because they had a conversion on the road to Damascus or sudden fit of conscience. They were briefed against it, possibly by us (which I assume we've been doing for a while without much success), more probably by other influential clubs.
If it was introduced (by those same clubs) to keep us at bay, it's failed and now they realise they've trapped themselves. The rags have spent loads but they've lost income and have only made profits because of tax credits, not real money. They can't use those for FFP. Liverpool are fucked completely and Arsenal don't have the muscle. Even Chelsea have to rely on selling players at inflated values to keep pace. So now FFP is bad but if they loosen the rules then we'll take advantage just the same.
If it was introduced (by those same clubs) to keep us at bay, it's failed and now they realise they've trapped themselves. The rags have spent loads but they've lost income and have only made profits because of tax credits, not real money. They can't use those for FFP. Liverpool are fucked completely and Arsenal don't have the muscle. Even Chelsea have to rely on selling players at inflated values to keep pace. So now FFP is bad but if they loosen the rules then we'll take advantage just the same.
oakiecokie
Well-Known Member
Prestwich_Blue said:The journos didn't come out against FFP because they had a conversion on the road to Damascus or sudden fit of conscience. They were briefed against it, possibly by us (which I assume we've been doing for a while without much success), more probably by other influential clubs.
If it was introduced (by those same clubs) to keep us at bay, it's failed and now they realise they've trapped themselves. The rags have spent loads but they've lost income and have only made profits because of tax credits, not real money. They can't use those for FFP. Liverpool are fucked completely and Arsenal don't have the muscle. Even Chelsea have to rely on selling players at inflated values to keep pace. So now FFP is bad but if they loosen the rules then we'll take advantage just the same.
I do love it when you talk dirty, Col.