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

LoveCity said:
Monaco, Roma, Inter, Sporting, Beşiktaş, Krasnodar, Lokomotiv Moskva, Rostov, Kardemir Karabükspor, CSKA Sofia are the teams punished to varying degrees.

Dynamo Moscow the first club to be referred to CFCB adjudicatory chamber for having breached the break-even requirement.

<a class="postlink" href="http://www.uefa.org/mediaservices/mediareleases/newsid=2239253.html" onclick="window.open(this.href);return false;">http://www.uefa.org/mediaservices/media ... 39253.html</a>

This means we're safe right?

RIGHT?
 
Damocles said:
LoveCity said:
Monaco, Roma, Inter, Sporting, Beşiktaş, Krasnodar, Lokomotiv Moskva, Rostov, Kardemir Karabükspor, CSKA Sofia are the teams punished to varying degrees.

Dynamo Moscow the first club to be referred to CFCB adjudicatory chamber for having breached the break-even requirement.

<a class="postlink" href="http://www.uefa.org/mediaservices/mediareleases/newsid=2239253.html" onclick="window.open(this.href);return false;">http://www.uefa.org/mediaservices/media ... 39253.html</a>

This means we're safe right?

RIGHT?

Not sure... I hope so. But I wonder if last year's offenders are looked at/announced separately because last year's victims (City, PSG, Zenit, Rubin Kazan, Anzhi, Bursaspor, Trabzonspor, Galatasaray, Levski Sofia) haven't been mentioned in any official UEFA release yet.
 
LoveCity said:
Damocles said:
LoveCity said:
Monaco, Roma, Inter, Sporting, Beşiktaş, Krasnodar, Lokomotiv Moskva, Rostov, Kardemir Karabükspor, CSKA Sofia are the teams punished to varying degrees.

Dynamo Moscow the first club to be referred to CFCB adjudicatory chamber for having breached the break-even requirement.

<a class="postlink" href="http://www.uefa.org/mediaservices/mediareleases/newsid=2239253.html" onclick="window.open(this.href);return false;">http://www.uefa.org/mediaservices/media ... 39253.html</a>

This means we're safe right?

RIGHT?

Not sure... I hope so. But I wonder if last year's offenders are looked at/announced separately because last year's victims (City, PSG, Zenit, Rubin Kazan, Anzhi, Bursaspor, Trabzonspor, Galatasaray, Levski Sofia) haven't been mentioned in any official UEFA release yet.

Did they issue a list of teams that were in compliance last year?
 
Damocles said:
LoveCity said:
Monaco, Roma, Inter, Sporting, Beşiktaş, Krasnodar, Lokomotiv Moskva, Rostov, Kardemir Karabükspor, CSKA Sofia are the teams punished to varying degrees.

Dynamo Moscow the first club to be referred to CFCB adjudicatory chamber for having breached the break-even requirement.

<a class="postlink" href="http://www.uefa.org/mediaservices/mediareleases/newsid=2239253.html" onclick="window.open(this.href);return false;">http://www.uefa.org/mediaservices/media ... 39253.html</a>

This means we're safe right?

RIGHT?

It may mean we have passed but it does not mean that the sanctions are lifted. I believe everyone just assumes they will be lifted but they were meant to last for 2 seasons not 1.
 
mad4city said:
BongoBlue said:
gordondaviesmoustache said:
It's all those Irish impostors' fault ;-)

fatherjackgif.gif
Ah, yeah... Sooner or later, the Irish get blamed for everything...
Now, feck off the lot of ye before I get out my hurling bat!
:-)


Ah camán seriously !
;)
 
Damocles said:
LoveCity said:
Monaco, Roma, Inter, Sporting, Beşiktaş, Krasnodar, Lokomotiv Moskva, Rostov, Kardemir Karabükspor, CSKA Sofia are the teams punished to varying degrees.

Dynamo Moscow the first club to be referred to CFCB adjudicatory chamber for having breached the break-even requirement.

<a class="postlink" href="http://www.uefa.org/mediaservices/mediareleases/newsid=2239253.html" onclick="window.open(this.href);return false;">http://www.uefa.org/mediaservices/media ... 39253.html</a>

This means we're safe right?

RIGHT?
That's just the non-compliance list, we're on the separate sh*t list.
 
A good find from lovecity i saw this on the site and i am sure some of the brighter ones on the forum will make more sence of it than me

<a class="postlink" href="http://www.uefa.org/MultimediaFiles/Download/OfficialDocument/uefaorg/FinancialFairPlay/02/24/47/45/2244745_DOWNLOAD.pdf" onclick="window.open(this.href);return false;">http://www.uefa.org/MultimediaFiles/Dow ... WNLOAD.pdf</a>
 
bluekeith said:
A good find from lovecity i saw this on the site and i am sure some of the brighter ones on the forum will make more sence of it than me

<a class="postlink" href="http://www.uefa.org/MultimediaFiles/Download/OfficialDocument/uefaorg/FinancialFairPlay/02/24/47/45/2244745_DOWNLOAD.pdf" onclick="window.open(this.href);return false;">http://www.uefa.org/MultimediaFiles/Dow ... WNLOAD.pdf</a>

FC Internazionale Milano
 The settlement agreement covers the sporting seasons 2015/16, 2016/17, 2017/18 and 2018/19.  FC Internazionale Milano (Inter) undertakes to reach full break-even compliance by monitoring
period 2018/19 (i.e. reporting periods 2016, 2017 and 2018).
 Inter agrees to report a maximum break-even deficit of €30 million for the financial year ending in 2016 and no break-even deficit for the financial year ending in 2017.
 Inter agrees that for the financial year ending in 2016 and for the financial year ending in 2017 the employee benefit expenses to revenue ratio is restricted and that the amortisation and impairment of the costs of acquiring players’ registrations is limited.
 Inter accepts that it will be subject to a limitation on the number of players that it may include on the “A” list for the purposes of participation in UEFA competitions. Specifically, for season 2015/2016, Inter may only register a maximum of 21 players on the “A” list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations, and 22 players for the 2016/17 season. Such restriction will be lifted as from season 2017/18 if the clubs fulfils the operational and financial measures agreed with the UEFA CFCB.
Page 1
 Inter accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within their “A” List for the purposes of participation in UEFA competitions. This calculation is based on the clubs net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2017/18 if the clubs fulfils the operational and financial measures agreed with the UEFA CFCB.
 Inter agrees to pay a total amount up to €20 million, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €6 million shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal instalments. Payment of the remaining €14 million is conditional and may be withheld in certain circumstances depending on the Club’s compliance with the operational and financial measures imposed in the settlement agreement.
 
lloydie said:
bluekeith said:
A good find from lovecity i saw this on the site and i am sure some of the brighter ones on the forum will make more sence of it than me

<a class="postlink" href="http://www.uefa.org/MultimediaFiles/Download/OfficialDocument/uefaorg/FinancialFairPlay/02/24/47/45/2244745_DOWNLOAD.pdf" onclick="window.open(this.href);return false;">http://www.uefa.org/MultimediaFiles/Dow ... WNLOAD.pdf</a>

FC Internazionale Milano
 The settlement agreement covers the sporting seasons 2015/16, 2016/17, 2017/18 and 2018/19.  FC Internazionale Milano (Inter) undertakes to reach full break-even compliance by monitoring
period 2018/19 (i.e. reporting periods 2016, 2017 and 2018).
 Inter agrees to report a maximum break-even deficit of €30 million for the financial year ending in 2016 and no break-even deficit for the financial year ending in 2017.
 Inter agrees that for the financial year ending in 2016 and for the financial year ending in 2017 the employee benefit expenses to revenue ratio is restricted and that the amortisation and impairment of the costs of acquiring players’ registrations is limited.
 Inter accepts that it will be subject to a limitation on the number of players that it may include on the “A” list for the purposes of participation in UEFA competitions. Specifically, for season 2015/2016, Inter may only register a maximum of 21 players on the “A” list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations, and 22 players for the 2016/17 season. Such restriction will be lifted as from season 2017/18 if the clubs fulfils the operational and financial measures agreed with the UEFA CFCB.
Page 1
 Inter accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within their “A” List for the purposes of participation in UEFA competitions. This calculation is based on the clubs net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2017/18 if the clubs fulfils the operational and financial measures agreed with the UEFA CFCB.
 Inter agrees to pay a total amount up to €20 million, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €6 million shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal instalments. Payment of the remaining €14 million is conditional and may be withheld in certain circumstances depending on the Club’s compliance with the operational and financial measures imposed in the settlement agreement.


From what I make of that, they've been hit fairly hard.
 
The restriction on spending still applies for the 15/16 season, we are hoping that they see sense and lift them seeing as we expect to return a small profit this season.

We were being very bullish in the press around a month ago , so perhaps we have already had word that it's been lifted. Pellegrini even mentioned it in his pre palace press conference.

The lack of transparency is ridiculous, I wouldn't be surprised to see us get shafted again. We could potentially raise £50-£60m in sales , would £100m be enough to rebuild ?
 

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