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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
Hamann Pineapple
Well-Known Member
dom said:Sorry... your point is .... ?
Our 'arry throws in the phrase 'Anti man City bias' ...... and that's enough for you ???????
I realise from my post it is not clear he is taking the piss but it is you that has missed my point dom
Project said:Rob Harris is another one. Sly bastard.
Ooops !!!
Sorry... on the sauce all day. and really not well focussed there !!!!!
Rob (whoever you are ... maybe 'Whispering Bob' from the OGWT )... my great grovellings are offered !!
So what was HM doing throwing those tweets into the mix?
Toranaga sama
Well-Known Member
- Joined
- 23 Jun 2012
- Messages
- 191
FFS, It's Mark Ogden now.
http://www.telegraph.co.uk/sport/fo...r-City-finances-under-scrutiny-from-Uefa.html
Manchester City's finances are facing renewed Uefa scrutiny after it emerged that the complex structure of its City Football Group parent company is being investigated.
The Premier League champions, who were fined £16million and forced to play with a reduced Champions League squad by Uefa last year for breaking Financial Fair Play regulations, have endured accusations of duplicity in recent days over the contractual situation of Frank Lampard, who will spend the rest of the season at the Etihad Stadium after initially appearing only to be on loan from New York City FC until the end of December.
After proclaiming Lampard’s arrival last August as a loan, the club has now confirmed that the 36-year-old actually signed a year-long City contract, despite fans in New York and Manchester being led to believe that the midfielder had signed for the newly-formed MLS franchise, which is also controlled by CFG.
While the Premier League and City claim that no rules were broken in relation to Lampard, Uefa’s probe into the finances of CFG could lead to further FFP-related sanctions if evidence can be found to prove that the formation of subsidiary companies allowed the club to under-report losses in their 2013-14 accounts.
Two subsidiary companies – City Football Marketing Ltd and City Football Services Ltd – incurred costs, including wages, of £36.7million in the year to the end of May 2014, posting combined losses of £25.9million in that period.
A City spokesperson said: "The examination of the Club's structure and subsidiary companies is a scheduled and routine part of the UEFA monitoring process."
City, who believe themselves to be on course to meet Uefa’s FFP target this financial year having halved losses to £23million, increased their transfer spending on Sunday by agreeing a deal worth up to £28million for Swansea forward Wilfried Bony.
The arrival of Bony takes City’s spending during the winter and summer windows to £83million, with the full fee for Porto defender Eliaquim Mangala now being confirmed as £42million, rather than the £32m reported by the club at the time of his arrival.
http://www.telegraph.co.uk/sport/fo...r-City-finances-under-scrutiny-from-Uefa.html
Manchester City's finances are facing renewed Uefa scrutiny after it emerged that the complex structure of its City Football Group parent company is being investigated.
The Premier League champions, who were fined £16million and forced to play with a reduced Champions League squad by Uefa last year for breaking Financial Fair Play regulations, have endured accusations of duplicity in recent days over the contractual situation of Frank Lampard, who will spend the rest of the season at the Etihad Stadium after initially appearing only to be on loan from New York City FC until the end of December.
After proclaiming Lampard’s arrival last August as a loan, the club has now confirmed that the 36-year-old actually signed a year-long City contract, despite fans in New York and Manchester being led to believe that the midfielder had signed for the newly-formed MLS franchise, which is also controlled by CFG.
While the Premier League and City claim that no rules were broken in relation to Lampard, Uefa’s probe into the finances of CFG could lead to further FFP-related sanctions if evidence can be found to prove that the formation of subsidiary companies allowed the club to under-report losses in their 2013-14 accounts.
Two subsidiary companies – City Football Marketing Ltd and City Football Services Ltd – incurred costs, including wages, of £36.7million in the year to the end of May 2014, posting combined losses of £25.9million in that period.
A City spokesperson said: "The examination of the Club's structure and subsidiary companies is a scheduled and routine part of the UEFA monitoring process."
City, who believe themselves to be on course to meet Uefa’s FFP target this financial year having halved losses to £23million, increased their transfer spending on Sunday by agreeing a deal worth up to £28million for Swansea forward Wilfried Bony.
The arrival of Bony takes City’s spending during the winter and summer windows to £83million, with the full fee for Porto defender Eliaquim Mangala now being confirmed as £42million, rather than the £32m reported by the club at the time of his arrival.
Blue Haze
Well-Known Member
have endured accusations of duplicity in recent days over the contractual situation of Frank Lampard,
Who accused of us duplicity, Mark?
If you're going to say something, say it you fucking coward. Don't attribute it to a ghost.
gordondaviesmoustache
Well-Known Member
He's a spineless ****.Blue Haze said:have endured accusations of duplicity in recent days over the contractual situation of Frank Lampard,
Who accused of us duplicity, Mark?
If you're going to say something, say it you fucking coward. Don't attribute it to a ghost.
SilverFox2
Well-Known Member
I think we must expect that newspapers generally will milk this story with little regard for the truth.
They are in the business of selling their potential lies and will highjack any story to do so.
Their motto is and always will be to never let the truth get in the way of a good story.
They hope for litigation to increase circulation with their provocation. I am not saying that the journos who produce the rubbish are not anti City merely that they have a hypocritical paper owners who want circulation at any cost so will allow these biased journos to spout old news as new, theory and downright lies to one end, selling papers.
Long term I think the whole of these newspaper owners will find that our owner has a long memory rather than a short temper (as Joe Mercer once famously said).
They may find that his connections may find a much more devious way to harm their reputation than fanning the flame of their need to sell papers.
Strange that Mr Murdoch (of Times and Sun fame) should have minimum exposure for tweeting that muslims generally are responsible for the terrible events in France a couple of days ago.
Just shows how frightened each of the so called competing newspapers are of each other to expose fellow owners from the hyperbole that celebs and CFG are receiving ?
They are in the business of selling their potential lies and will highjack any story to do so.
Their motto is and always will be to never let the truth get in the way of a good story.
They hope for litigation to increase circulation with their provocation. I am not saying that the journos who produce the rubbish are not anti City merely that they have a hypocritical paper owners who want circulation at any cost so will allow these biased journos to spout old news as new, theory and downright lies to one end, selling papers.
Long term I think the whole of these newspaper owners will find that our owner has a long memory rather than a short temper (as Joe Mercer once famously said).
They may find that his connections may find a much more devious way to harm their reputation than fanning the flame of their need to sell papers.
Strange that Mr Murdoch (of Times and Sun fame) should have minimum exposure for tweeting that muslims generally are responsible for the terrible events in France a couple of days ago.
Just shows how frightened each of the so called competing newspapers are of each other to expose fellow owners from the hyperbole that celebs and CFG are receiving ?
oakiecokie
Well-Known Member
mashiur09 said:FFS, It's Mark Ogden now.
http://www.telegraph.co.uk/sport/fo...r-City-finances-under-scrutiny-from-Uefa.html
Manchester City's finances are facing renewed Uefa scrutiny after it emerged that the complex structure of its City Football Group parent company is being investigated.
The Premier League champions, who were fined £16million and forced to play with a reduced Champions League squad by Uefa last year for breaking Financial Fair Play regulations, have endured accusations of duplicity in recent days over the contractual situation of Frank Lampard, who will spend the rest of the season at the Etihad Stadium after initially appearing only to be on loan from New York City FC until the end of December.
After proclaiming Lampard’s arrival last August as a loan, the club has now confirmed that the 36-year-old actually signed a year-long City contract, despite fans in New York and Manchester being led to believe that the midfielder had signed for the newly-formed MLS franchise, which is also controlled by CFG.
While the Premier League and City claim that no rules were broken in relation to Lampard, Uefa’s probe into the finances of CFG could lead to further FFP-related sanctions if evidence can be found to prove that the formation of subsidiary companies allowed the club to under-report losses in their 2013-14 accounts.
Two subsidiary companies – City Football Marketing Ltd and City Football Services Ltd – incurred costs, including wages, of £36.7million in the year to the end of May 2014, posting combined losses of £25.9million in that period.
A City spokesperson said: "The examination of the Club's structure and subsidiary companies is a scheduled and routine part of the UEFA monitoring process."
City, who believe themselves to be on course to meet Uefa’s FFP target this financial year having halved losses to £23million, increased their transfer spending on Sunday by agreeing a deal worth up to £28million for Swansea forward Wilfried Bony.
The arrival of Bony takes City’s spending during the winter and summer windows to £83million, with the full fee for Porto defender Eliaquim Mangala now being confirmed as £42million, rather than the £32m reported by the club at the time of his arrival.
I would be amazed if someone at the Club sanctioned us to spend £42M on one player.