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

[mcfc1632]

Re: Re:

Keith, can you explain to
Me why it contravenes EU law?

Restriction of trade?

It doesn't matter anyway, there's absolutely no way in hell that UEFA would kick us out of the Champions League. They're petrified already of people mutinying and starting a rival competition which is why everybody will flap and flap and flap and eventually do nothing.

Think how quickly John Henry's tune will change if we announced a rival European competition to which Liverpool are invited and the prize money was £200m

That coin has two sides....imagine Liverpool, Utd, Arsenal, Chelsea, Real, Barca so on and so forth threatening to start thier own competition, how do think Uefa would react then?

The reason the Champions League is formatted the way it is now was due to the power of the elite clubs

Good to see this understood - CL came him to prevent breakaway league - FFP the same - further actions will happen if the old cartel threaten again.

We might think that we have a strengthening position - but against the combined cartel we are not very important to UEFA

 

[Rammy Blue]

Re: Sunday Press. "City may face Euro Expulsion"

Guilty of nothing more than poor use of an iPad keyboard but your pedantic fervour is duly noted.

My pedantry was borne out of the humorous conflation of your lack of attention to detail, whilst you referred to others as 'morons', which you have now thankfully retracted.

If you want to call other people idiots to good effect, it's best not to look like one yourself whilst you're doing it.

This McNab really is coming over all fucking pompous mate.Good on yer.

McFlab is a rag mate, take no notice of him.

 

[Prestwich_Blue]

Re: Sunday Press.

We were more profitable under Swales, lee, and the Thai than we are right now, the moron comment I take back. The progress you talk about isn't as you perceive it and we will never genuinely be self sufficient until we knock a big chunk of our wage off.

-- Sun Feb 02, 2014 4:57 pm --


Never be embarrassed to have a brain, you actually agree with me but you can't understand what I'm saying.

So if our turnover next season say is 500m and our wage bill stays the same we will make a profit!

In the real world we have to reduce our wage bill but you can dream!

This season alone we will get about £40m more from BT Sport. We will pull in more from the CL, ticket prices have increased significantly and we have signed more sponsorship deals. I'd therefore expect our income to be in the region of £330-340m. The published wage bill probably includes about £30m for Mancini and his staff so the underlying wage bill is around £200m. Our general operating expenses are probably around the £50m mark.

So while you're right that increased revenue does not always equate to increased profitability, do you agree that if the above is true (it doesn't include non-cash items like player amortisation or player trading) then we will have moved in very much the right direction?

 

[I Live In A Blue House]

Re: Sunday Press. "City may face Euro Expulsion"

How about this for back page headline in ALL the shitty papers! " Current floundering defending Champions, record their EIGTH DEFEAT of the season and we're just out of January:))))))))))))))))))) yernited (SHITE) yernited (SHITE) Any trurh in this MATA????????? PMSL

 

[tolmie's hairdoo]

Re: Sunday Press. "City may face Euro Expulsion"

Some are kidding themselves if they think we have anyone in our corner, outside of the people we employ.

Certainly not what the TV companies or the football bodies might think.

Rangers FC has shown doesn't matter what they might impact on the wider league's finances, the clubs hold the power to stick the boot in.

As it is, there is absolutely nothing to be concerned about.

We employed the best people and have liaised with Uefa all along.

What's the worst that could happen?

Nobody else can afford to keep the legal process going indefinitely!

City were brought to heel three seasons back.

Next time someone accuses us of buying guaranteed success, just state our owner can afford any player in the world.

So why hasn't he spent £500m putting Messi and Ronaldo in the same team?

Might also want to ask how many other clubs would have identified Navas, Negredo, Demichelis and Jovetic ahead of household world established stars, despite having supposed limitless funds?

 

[Ducado]

Re: Sunday Press. "City may face Euro Expulsion"

Some are kidding themselves if they think we have anyone in our corner, outside of the people we employ.

Certainly not what the TV companies or the football bodies might think.

Rangers FC has shown doesn't matter what they might impact on the wider league's finances, the clubs hold the power to stick the boot in.

As it is, there is absolutely nothing to be concerned about.

We employed the best people and have liaised with Uefa all along.

What's the worst that could happen?

Nobody else can afford to keep the legal process going indefinitely!

City were brought to heel three seasons back.

Next time someone accuses us of buying guaranteed success, just state our owner can afford any player in the world.

So why hasn't he spent £500m putting Messi and Ronaldo in the same team?

Might also want to ask how many other clubs would have identified Navas, Negredo, Demichelis and Jovetic ahead of household world established stars, despite having supposed limitless funds?

I don't think anyone actually thinks we have anyone in our corner as you put it, like yourself I am confident that the Club have everything in order

What I am not comfortable about is this narrative that certain members of the press and the clubs briefing them are creating

 

[Anonymous]

Re: Sunday Press. "City may face Euro Expulsion"

They can say what they want, print what they want, perpetuate any narrative they want. My prediction is that if anything is brought up to challenge City, it will be met with a robust defence. In the same way the Bosman ruling was a watershed, UEFA/FIFA need to think very carefully about how they deal with us. An all out challenge by City against their FFP in the courts and a subsequent City win, would blow football apart.

 

[BlueAnorak]

Re: Sunday Press. "City may face Euro Expulsion"

Some are kidding themselves if they think we have anyone in our corner, outside of the people we employ.

Certainly not what the TV companies or the football bodies might think.

Rangers FC has shown doesn't matter what they might impact on the wider league's finances, the clubs hold the power to stick the boot in.

As it is, there is absolutely nothing to be concerned about.

We employed the best people and have liaised with Uefa all along.

What's the worst that could happen?

Nobody else can afford to keep the legal process going indefinitely!

City were brought to heel three seasons back.

Next time someone accuses us of buying guaranteed success, just state our owner can afford any player in the world.

So why hasn't he spent £500m putting Messi and Ronaldo in the same team?

Might also want to ask how many other clubs would have identified Navas, Negredo, Demichelis and Jovetic ahead of household world established stars, despite having supposed limitless funds?

Spot on Tolmie.
The answer as to why £500m has not been spent on Messi and Ronaldo is that he wants the business to be self sustaining.
Yes it gives good PR to Abu Dhabi but he will want to start getting his money back, ideally with some profit from his investment.
Give it 5 years and he will be taking a £50m-£100m profit out of the club every year (while still making us competitive with the best in the world).
I don't mind a jot because he put the money in and is making City the best football show on planet Earth.

 

[bluestevei]

Re: Sunday Press. "City may face Euro Expulsion"

remember that the sky/bt deal will give all clubs more money,whoever wins the prem will get about 100 mil which is more then 40 m more then them got last year and if we get 40m more then we will be about 10m down, more then enough for ffp

 

[bluemurray]

Re: Sunday Press. "City may face Euro Expulsion"

No disrespect intended, but I think this entire debate and certainly the newspaper sh*te that has caused it is a load of balls to be honest. The papers have lost the Mancini - Ballotelli - Tevez circus that entertained one and all last year. We're turning it on on the pitch also, so no story there except one of praise and gush. The story off the pitch is one of a rapidly growing fan base, increased revenue, the wonderful academy (not too mention the re-generation of east Manchester) and stadium re-development. So what are we left with....? Oh yeh! FFP! That'll do it lads.... push the buttons, away with the printing press and voila!!

 

[BertTrautmann'sParachute]

Re: Sunday Press. "City may face Euro Expulsion"

Its finally beginning to dawn on them all that all the promises made in 2008 have been kept and that there is a new club about to go on and rule European football for decades to come.

Hilarious :-)

Fucking hell, mate. Let's just settle for getting past Barcelona in the next round for the time being.

 

[oakiecokie]

Re: Sunday Press. "City may face Euro Expulsion"

My pedantry was borne out of the humorous conflation of your lack of attention to detail, whilst you referred to others as 'morons', which you have now thankfully retracted.

If you want to call other people idiots to good effect, it's best not to look like one yourself whilst you're doing it.

This McNab really is coming over all fucking pompous mate.Good on yer.

McFlab is a rag mate, take no notice of him.

Ah,now its make sense,RB.

 

[Rösler von Stretfordbömber]

Re: Sunday Press. "City may face Euro Expulsion"

They can say what they want, print what they want, perpetuate any narrative they want. My prediction is that if anything is brought up to challenge City, it will be met with a robust defence. In the same way the Bosman ruling was a watershed, UEFA/FIFA need to think very carefully about how they deal with us. An all out challenge by City against their FFP in the courts and a subsequent City win, would blow football apart.

Spot on as to this. UEFA/FIFA do not want this in the courts, because if they lose then by extension the overall underpinnings of their overall authority take an enormous hit.

It's almost a mutually assured destruction sort of thing. They're not going to make a big move against City because they don't want the potential consequences of a legal defeat. And we're not going to utterly thumb our noses at them because we're winning at their game while ostensibly playing by their rules anyway.

I've always thought this was more of a soft deterrence regimen than anything else. The intrinsic legal uncertainty over this theoretically keeps a future Mansour from jumping in and spending. To an extent that is going to work. To an extent not (i.e. Monaco.) From the standpoint of the cartel clubs this is better than nothing.

 

[117 M34]

Re: Sunday Press. "City may face Euro Expulsion"

Anyone know the total losses since the takeover? i.e. how much profit would we need to make for the sheikh to break even?

 

[JGL07]

Re: Sunday Press. "City may face Euro Expulsion"

Certainly not what the TV companies or the football bodies might think.

Rangers FC has shown doesn't matter what they might impact on the wider league's finances, the clubs hold the power to stick the boot in.

It wasn't the clubs that put the boot into Rangers. Most, if not all of the SPL clubs were in favour of fudging the rules to allow the Newco 'Rangers' back into the top League. It was a threat by supporters of other clubs to walk away from Scottish Football if 'Rangers' were given special treatment, that persuaded enough clubs to abide by the existing rules.

What's the worst that could happen?

Nobody else can afford to keep the legal process going indefinitely!

The worst that could happen to City is a slap on the wrists or a nominal fine.

UEFA could not afford any legal challenge, not just a long process. If City took action against a one year ban by UEFA they would probably sue for an eyewatering amount. Not just for the loss of revenue and prize money but the potential for commercial income as well. That would bankrupt UEFA.

That assumes that City or any other club banned would not get an injunction/interdict to stop the competition happening.

 

[S04]

Re: Sunday Press. "City may face Euro Expulsion"

Anyone know the total losses since the takeover? i.e. how much profit would we need to make for the sheikh to break even?

Depends on what the club is worth right now.. and there we can just get a guesstimate from business media and such.

 

[urmston]

Re: Sunday Press. "City may face Euro Expulsion"

City have nothing to worry about.

Our owners are mega-rich.

Mega-rich people get what they want and others have to grin and bear it.

 

[Prestwich_Blue]

Re: Sunday Press. "City may face Euro Expulsion"

Anyone know the total losses since the takeover? i.e. how much profit would we need to make for the sheikh to break even?

Depends on what the club is worth right now.. and there we can just get a guesstimate from business media and such.

Not really. The total loss can be easily calculated.

In 2008/09 we lost £34m
In 2009/10 we lost £121m
In 2010/11 we lost £197m
In 2011/12 we lost £98m
In 2012/13 we lost £52m

So the total losses under ADUG's ownership is £502m

 

[gordondaviesmoustache]

Re: Sunday Press. "City may face Euro Expulsion"

Anyone know the total losses since the takeover? i.e. how much profit would we need to make for the sheikh to break even?

Depends on what the club is worth right now.. and there we can just get a guesstimate from business media and such.

Not really. The total loss can be easily calculated.

In 2008/09 we lost £34m
In 2009/10 we lost £121m
In 2010/11 we lost £197m
In 2011/12 we lost £98m
In 2012/13 we lost £52m

So the total losses under ADUG's ownership is £502m

Tellingly the capital appreciation will be greater than that figure, certainly going forward, and that is before any reduction to the total losses figure as we start posting profits.

 

[117 M34]

Re: Sunday Press. "City may face Euro Expulsion"

Anyone know the total losses since the takeover? i.e. how much profit would we need to make for the sheikh to break even?

Depends on what the club is worth right now.. and there we can just get a guesstimate from business media and such.

Not really. The total loss can be easily calculated.

In 2008/09 we lost £34m
In 2009/10 we lost £121m
In 2010/11 we lost £197m
In 2011/12 we lost £98m
In 2012/13 we lost £52m

So the total losses under ADUG's ownership is £502m

cheers