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

LoveCity said:
This is what the sports lawyer Daniel Geey said about City this summer.

rmgn0nD.jpg


FYI he also said United can spend £125m-£130m net and Chelsea could just about afford a 'superstar signing'.


that's the problem here basically he said that instead we go for someone like pobga we will go and spend the same money we will buy him and sign 3 or 4 fernando or navas....if we do this again we're fucked tbh and txiki will be gone...it's seems that ffp hit us more than we expected
 
Re: City & FFP (continued)

LoveCity said:
This is what the sports lawyer Daniel Geey said about City this summer.

rmgn0nD.jpg


FYI he also said United can spend £125m-£130m net and Chelsea could just about afford a 'superstar signing'.

we haven't got the highest wage bill in premier also our wage bill is around 60% of our turn over which is pretty good..
 
waspish said:
LoveCity said:
This is what the sports lawyer Daniel Geey said about City this summer.

rmgn0nD.jpg


FYI he also said United can spend £125m-£130m net and Chelsea could just about afford a 'superstar signing'.

we haven't got the highest wage bill in premier also our wage bill is around 60% of our turn over which is pretty good..

Manchester United spent £215.8m on wages last season (the highest in the Premier League) yet finished seventh... so does your top-flight club pay their way?

[bigimg]http://i.imgur.com/qCHnZpM.jpg[/bigimg]
 
Re: City & FFP (continued)

LoveCity said:
This is what the sports lawyer Daniel Geey said about City this summer.

rmgn0nD.jpg


FYI he also said United can spend £125m-£130m net and Chelsea could just about afford a 'superstar signing'.

Is he the guy that goes on SSN, usually wears red braces and talks utter shite...
 
jrb said:
waspish said:
LoveCity said:
This is what the sports lawyer Daniel Geey said about City this summer.

rmgn0nD.jpg


FYI he also said United can spend £125m-£130m net and Chelsea could just about afford a 'superstar signing'.

we haven't got the highest wage bill in premier also our wage bill is around 60% of our turn over which is pretty good..

Manchester United spent £215.8m on wages last season (the highest in the Premier League) yet finished seventh... so does your top-flight club pay their way?

[bigimg]http://i.imgur.com/qCHnZpM.jpg[/bigimg]
And that -£22.9 mill loss includes the £16 mill contribution for Platini's new yacht. Next season with higher income and lower wages we'll hit 50% or maybe lower.

QPR's turnover to wages is pretty scary considering they're going down as well.
 
ColinLee said:
jrb said:
waspish said:
we haven't got the highest wage bill in premier also our wage bill is around 60% of our turn over which is pretty good..

Manchester United spent £215.8m on wages last season (the highest in the Premier League) yet finished seventh... so does your top-flight club pay their way?

[bigimg]http://i.imgur.com/qCHnZpM.jpg[/bigimg]
And that -£22.9 mill loss includes the £16 mill contribution for Platini's new yacht. Next season with higher income and lower wages we'll hit 50% or maybe lower.

QPR's turnover to wages is pretty scary considering they're going down as well.

True, although in 2013-14, the season the figures are for, they ended up being promoted. What is happening with their ridiculous £50M fine? Did the FL not change it's rules after fining QPR but are still expecting them to pay that?
 
MihaiCity said:
LoveCity said:
This is what the sports lawyer Daniel Geey said about City this summer.

rmgn0nD.jpg


FYI he also said United can spend £125m-£130m net and Chelsea could just about afford a 'superstar signing'.


that's the problem here basically he said that instead we go for someone like pobga we will go and spend the same money we will buy him and sign 3 or 4 fernando or navas....if we do this again we're fucked tbh and txiki will be gone...it's seems that ffp hit us more than we expected

Agreed ... we need players that improve our 1st 11 .....that's what Chelsea did ... .... I'd have thought the likes of Lopez and Denayor can come back into the squad anyway next season so hopefully a couple of stella signings in the pipeline Pogba and Isco to replace Nasri and Toure would be good .... I wouldn't mind Walcott as well, fast, scores goals, upgrade on Navas, can play wide or as a striker .... would be a good option for us.
 
Chelsea's wages are 22m lesser but so is their turnover ( ~25m lower ). Hence why can't Chelsea go toe to toe for signings that they are battling City for? Considering we(Chelsea) might be going for lesser number of players , our spend available/player might infact be more. United is the highest but how much of a gap does City and Chelsea really have in spending power?
 
HalfwayUpTheKippax said:
ColinLee said:
jrb said:
Manchester United spent £215.8m on wages last season (the highest in the Premier League) yet finished seventh... so does your top-flight club pay their way?

[bigimg]http://i.imgur.com/qCHnZpM.jpg[/bigimg]
And that -£22.9 mill loss includes the £16 mill contribution for Platini's new yacht. Next season with higher income and lower wages we'll hit 50% or maybe lower.

QPR's turnover to wages is pretty scary considering they're going down as well.

True, although in 2013-14, the season the figures are for, they ended up being promoted. What is happening with their ridiculous £50M fine? Did the FL not change it's rules after fining QPR but are still expecting them to pay that?

It's interesting how 'low' our wages/turnover figure is.

The article a couple of pages back is for a rag really good.

If TB has left a get out for Valencia with Alf he'll be toast alongside Pellers.
 
The table of per centages of wages to turnover makes fascinating reading since this is one of UEFA's main aims in introducing the so-called financial fair play regulations. City were forces to agree to limitations on wages as part of our "agreement" with UEFA last May. Yet examination of the wages table receals a picture which shows that Platini and UEFA are exploiting an issue which provides no support to their case.

If we take the ten clubs with the highest wages-to-turnover ratio we find that the three clubs with the very highest ratio are in the bottom three places of the PL!. The only clubs in the top half of the PL AND in the top half of the turnover table are Chelsea, Southampton, Swansea and Stoke. The latter three are in 7th, 8th and 9th! Chelsea are, of course, top of the PL and champions elect, but interestingly enough are not to be sanctioned by UEFA! The other teams with high ratios are in 13th, 14th 16th and 17th. The conclusion that paying high wages actually creates struggling teams is illiogical, and the more likely conclusion is that struggling teams find it difficult to attract and retain good players and have to devote more of their revenue to attraction and retention than other clubs. Chelsea only just scrape into the top half of the ratio league, as do Southampton, and this shows that the revenues from the CL make it possible to pay much higher wages without increasing the ratio too much. This is confirmed by the other English CL competitor figures.

Salary ratios are not a concern for the top clubs and Platini and his advisors must know this. As usual he is prepared to clobber struggling clubs, to exclude them permanently from UEFA competitions, to try and appease his favourite clubs by finding any means to hinder City's progress.
 

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