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

[Ric]

I've believed that all along. You never can tell. You can get some unexpected rulings. I'm treluctant to use the term 'perverse decisions' as that's a specific legal term which implies more than just an unexpected ruling!

And no matter what we think if UEFA, they do have a legal team, and they aren't incompetent. They do have have a 'defence' for FFP, no matter what we think of it. I suppose it's like any acrimonious divorce. No matter how strong your case, the other side will twist things and sling some mud back, and you'll be hard pressed to find any barrister who'll guarantee you a win.

I think the most likely scenario is that FFP will remain, but with greater leniency on secured losses over a longer period. Either way, it won't affect us greatly given the new TV deal. The big question, for me, is if our spending us restricted again this summer. I hope that with the court case ongoing, UEFA will be reluctant to sanction us further.

well we'd have to be run by the biggest bunch of numpties from the Sheikh downwards to go out and spend £200m if we didn't know we would be allowed to.

You have to assume with all the business and legal experts we use, and used in negotiations with UEFA last year, that we've got everything nailed down. If we haven't, we'll be the biggest embarrassment I can think of.

Until those things actually happen, I wouldn't get too worked up about it. A £200m spend is purely hypothetical, and in my opinion highly unlikely to happen regardless.

 

[JoeMercer'sWay]

I think the most likely scenario is that FFP will remain, but with greater leniency on secured losses over a longer period. Either way, it won't affect us greatly given the new TV deal. The big question, for me, is if our spending us restricted again this summer. I hope that with the court case ongoing, UEFA will be reluctant to sanction us further.

well we'd have to be run by the biggest bunch of numpties from the Sheikh downwards to go out and spend £200m if we didn't know we would be allowed to.

You have to assume with all the business and legal experts we use, and used in negotiations with UEFA last year, that we've got everything nailed down. If we haven't, we'll be the biggest embarrassment I can think of.

Until those things actually happen, I wouldn't get too worked up about it. A £200m spend is purely hypothetical, and in my opinion highly unlikely to happen regardless.

was just plucking a figure.

 

[BlueAnorak]

City HAVE to make a statement this summer to prove we can play with the big boys.
I believe we want to buy 2 absolute stars, and 3 at the next level with probably 6 players leaving and going to pastures new (probably Dzeko, Jovetic, Nasri, YaYa, Kolarov & Sagna). I wish Fernando was on his bike but that is probably unlikely.

That little lot will cost about £200m (GROSS) with £30-60m in sales = a Net Spend of between £130m-£170m

 

[BLUE THUNDER]

FFP ( or this version of it) will be dead in the water within 2 years, despite what people who try and defend it ( one of whom is on this forum) say about UEFA having a legal position. It's anticompetitive and restricts investment. If I was a betting man, I know which side I would be backing if it went to court. If it's not already coming to a head now with Dupont , we should bring it to the fore ourselves.
It's hurting our ambition, there's no other way to describe it.

 

[Chippy_boy]

I think it's fair to say none of us really know how the court will rule. You hope that sanity prevails, and FFP is exposed for what it is but it's far from a given.

I've believed that all along. You never can tell. You can get some unexpected rulings. I'm treluctant to use the term 'perverse decisions' as that's a specific legal term which implies more than just an unexpected ruling!

And no matter what we think if UEFA, they do have a legal team, and they aren't incompetent. They do have have a 'defence' for FFP, no matter what we think of it. I suppose it's like any acrimonious divorce. No matter how strong your case, the other side will twist things and sling some mud back, and you'll be hard pressed to find any barrister who'll guarantee you a win.

I think the most likely scenario is that FFP will remain, but with greater leniency on secured losses over a longer period. Either way, it won't affect us greatly given the new TV deal. The big question, for me, is if our spending us restricted again this summer. I hope that with the court case ongoing, UEFA will be reluctant to sanction us further.

FWIW, I think that Fanchester's earlier post, suggesting that the UEFA settlment statement and City's press release are only summaries, and that a more detailed legally binding agreement exists, must surely be correct.

After the enormous upset over the difference in interpretation in the rules that led to us being sanctioned in the first place, I cannot for one millisecond imagine that we would then make the same mistake again by agreeing to something woolley and ill-defined. In coming to a settlement, *surely* we would have needed to know exactly what we were agreeing to regards 2015/16 spending.

This being the case - as I am convinced it must be - I think the position around how much we can or cannot spend this summer is very very clear. The only issue is, we the fans, don't know what it is.

As I have posted previously, my personal theory about the contradiction between UEFA's document and our press release is that a 2015/16 spending restriction *does* exist (hence the UEFA statement), but that the limit is sufficiently high that we figured it won't affect us because we weren't planning to spend more than that anyway.

If this is the case (we may never know), then the question is, what would we like to spend this summer now (after such a disappointing season) and are we wanting to spend much more than we planned on spending when we agreed to the settlement?

It's all ifs and buts, and at the end of the day as I say, we may never know the detailed truth.

 

[Damanino]

I hope Uefa makes it public that the transfer limit is lifted. We should make them do it, instead of hoping thats the case, than they find something in the details and say hey hey hey, you had the limit for this summer, bummm another huge punishment...

 

[BlueMoonz1977]

Not a fan of doing this as it gets the usual shite responses but fuck it why not.......had a very good chat with brian marwood a few weeks ago regarding all things city. Despite him getting the shite for the transfer window after the first season i can promise everyone brian is absolutely besotted by city and the plans ahead. He didn't say numbers but just said it was going to be a huge summer for us this coming one and we were going to re-jig the squad big time. I asked about restrictions etc and was told in no uncertain terms if the clubs opinion we were good to go and would be making big changes. We will be announcing some big new sponsorship deals at the end of the season as well and he reckons the whole city football group is going to be huge! Fabulous fella and despite the city fans view of him is very highly respected and has a real buzz for what city are doing. Very rarely post these things but people like you just shoot down others who actually do know stuff. Hopefully Prestwich_Blue will remember some Pm's we exchanged when city were punished for the FFP fine etc and despite most city fans kicking off we never fought it there was actually board meetings where it was agreed that we would challenge it right up until the end! I think a deal for a year was done and that was the pinch that khaldhoon mentioned. As Prestwich_Blue will also confirm it was talked about at the highest level about forming a breakaway European competition where the prize money would dwarf the current champions league monies! We are not run by idiots and imo for FFP in uefa eyes to work they couldn't have the first team fined challenge it so a deal was done where we only got in essence a year restrictions.

Didn't expect this post of you. I imagined you to be an 16 year old lad who has just left school. The judgement is based on all your mental football manager like squads in the trabsfer forum.


Cheers for the info, hopefully you're right. It will be funny as if we spend 150 million in the summer, the whole country thinks we're crippled by ffp indefinitely.

Haha will take that is a compliment our kid! ;-) brian certainly seemed confident we were free from restrictions and seemed excited about the future mate. :-)

I hope that the statement regarding the meeting with Brian Maywood is true, guys if what has been said above is correct then It sounds like we will be covering the FFP with incoming revenue via new sponsorship deals - would this be correct ??

if it is then sure we will be okay to get the players we need and finally want to challenge to win both premier league and champions league

 

[BLUE THUNDER]

We will find out in a a couple of months. I hope so, I just cant imagine us sitting idle whilst the others walk all over us. There would have to have been some serious deals struck behind the scenes. However if you remember Khaldoons interview after last season on the OS he sounded very pissed with the penalties. If they push us hard enough this will come to a head.

 

[FanchesterCity]

Stating that UEFA would show up in court with their own set of arguments in favour of FFP is NOT defending it.
It is stating fact, and illustrating that the other side have their own legal counsel doing the precise opposite of what City's counsel would be doing.

Suggesting going to court would be a breeze and simple win for City is grossly naive.

For the umpteenth time. I believe we have a very strong case, and thing FFP as it stands is a sham, but never underestimate the enemy.

I have also said that whilst its an awful sham and helps to maintain the status quo of big clubs, because we managed to invest just before the drawbridge went up, it, ironically, can actually benefit us in so far as stopping other smaller clubs trying to do what we have.

Again, not defending it in any shape or form, just pointing out the irony that although a sham, we could benefit from it once we are the right side of it.

 

[Damanino]

Some said new tv deal will help us, but isnt that only from 2016-2017 season?

13-14, 14-15, 15-16 is still with the current deal imo.