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

[Prestwich_Blue]

Re: City & FFP (continued)

To be clear, are there any differences between the PL version and the UEFA CL one ?

Two key ones. The PL version:

- specifically restricts wage bill increases unless covered by increases in commercial income. At least that directly addresses the issue of controlling wage growth, which UEFA's doesn't.

- has a more generous break-even requirement. Something like £35m a season maximum allowable loss after the usual deductions. UEFA's limit is an aggregate £35m over 3 seasons.

The PL's version

Many thanks PB. presume that 'commercial income' includes sale of players ?.

No. That's separate and part of trading income. Commercial income includes sponsorship revenue and sale of merchandise.

So we're restricted to a flat increase of £4m in the wage bill under PL rules, regardless of income or profit. But if we've increased our commercial revenue by £20m then we can use that to fund any additional increase over £4m.

 

[SilverFox2]

Two key ones. The PL version:

- specifically restricts wage bill increases unless covered by increases in commercial income. At least that directly addresses the issue of controlling wage growth, which UEFA's doesn't.

- has a more generous break-even requirement. Something like £35m a season maximum allowable loss after the usual deductions. UEFA's limit is an aggregate £35m over 3 seasons.

The PL's version

Many thanks PB. presume that 'commercial income' includes sale of players ?.

No. That's separate and part of trading income. Commercial income includes sponsorship revenue and sale of merchandise.

So we're restricted to a flat increase of £4m in the wage bill under PL rules, regardless of income or profit. But if we've increased our commercial revenue by £20m then we can use that to fund any additional increase over £4m.

Perhaps that will be the restriction on any star players we hope to sign in the next window ? Needing sale of high wage earners and / or the commercial expansion our chairman has claimed they are concentrating on ?

 

[mrtwiceaseason]

Daft question but even if we are free of restrictions for failing last year.won't we be restricted by the same rules as everyone else .so as we are looking to break even we won't be able to spend that much anyway ?

 

[meltonblue]

"So we're restricted to a flat increase of £4m in the wage bill under PL rules, regardless of income or profit."

It can be above that if it is covered by increased sponsorship deals, for example, though can't it?

 

[sugardubby]

"So we're restricted to a flat increase of £4m in the wage bill under PL rules, regardless of income or profit."

It can be above that if it is covered by increased sponsorship deals, for example, though can't it?

Yes. Agreed about the same time as our raggy friends' £75m per annum from adidas....

 

[jrb]

Breaking news.

Let's see how the 2 cartel club, Real and Barca, squirm their way out of this one.

La Liga to be suspended by Spanish FA over government interference

The Spanish Football Federation (RFEF) has announced that all domestic football will be suspended from May 16 in an argument over government interference.

It centres around a law which was passed last week which forced the RFEF to sell television rights for La Liga collectively. Currently, all clubs negotiate rights individually which hugely favours Barcelona and Real Madrid financially.

"At the same time, and yet again, we reiterate the offer of dialogue to the Spanish government," the federation said on its website after a board meeting on Wednesday

 

[Atypical]

City & FFP (continued)

French papers reporting PSG restriction this year €60 million spend without sales & CL squad increased from 21 to 22. Is this what we have in store?

 

[Silva_Spell]

French papers reporting PSG restriction this year €60 million spend without sales & CL squad increased from 21 to 22. Is this what we have in store?

Doubt it

We only made a 6m loss overall in the relevant accounts. And that's before all the non FFP deductions


Nobody but UEFA and PSG knows how much PSG's QTA sponsorship was slashed by but it would seem that they failed to make up for it in revenue growth.

 

[BillyShears]

So Paris won't be signing Pogba then. Interesting that they have the same restrictions again this summer. At least that's what is being reported over here this morning. Waiting to see if anyone reputable backs it.

 

[BlueAnorak]

French papers reporting PSG restriction this year €60 million spend without sales & CL squad increased from 21 to 22. Is this what we have in store?

Doubt it

We only made a 6m loss overall in the relevant accounts. And that's before all the non FFP deductions


Nobody but UEFA and PSG knows how much PSG's QTA sponsorship was slashed by but it would seem that they failed to make up for it in revenue growth.

As I said previously. We only got hammered to the same degree as PSG because we couldn't discount pre June 2010 wages using the FFP submission spreadsheet (that changed AFTER we submitted our 2011-12 accounts). That mean't we failed FFP by well over £100m rather than an FFP submission showing a boarder line FFP pass to a maximum FFP loss of about £6m.

As the usual suspects in the media with links to Utd & Arsenal haven't said a discky bird about a proposed fine for City, I'm rather hopeful that UEFA are not going to be able to shaft us this year. That said if there is any possibility of us being shafted then we will be,