Thenumber1blue
Well-Known Member
- Joined
- 19 Apr 2009
- Messages
- 5,904
And what if that loan was interest free,happy days !
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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
Prestwich_Blue
Well-Known Member
The source of the finance doesn't matter. If you buy a player for cash, on tick, using American Express or Green Shield stamps, you have to account for them in the same way, which goes as an expense in the Profit & Loss account. If your expenses are greater than your income (and a loan isn't income) then you're likely to fail FFP.
Interestingly nobody has the details about City's financials that really matter so its lots of guesswork.
There could be all manner of escalators and break clauses that have kicked in since deals were signed.
Winning the PL, winning the FA Cup, winning the LC, progressing in the CL and many more.
There could be all manner of escalators and break clauses that have kicked in since deals were signed.
Winning the PL, winning the FA Cup, winning the LC, progressing in the CL and many more.
gordondaviesmoustache
Well-Known Member
fbloke said:Interestingly nobody has the details about City's financials that really matter so its lots of guesswork.
There could be all manner of escalators and break clauses that have kicked in since deals were signed.
Winning the PL, winning the FA Cup, winning the LC, progressing in the CL, being highest placed club from Greater Manchester, playing in sky blue, having a 'C' in our name, and many more.
Chris in London
Well-Known Member
- Joined
- 21 Sep 2009
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- 13,259
Prestwich_Blue said:The source of the finance doesn't matter. If you buy a player for cash, on tick, using American Express or Green Shield stamps, you have to account for them in the same way, which goes as an expense in the Profit & Loss account. If your expenses are greater than your income (and a loan isn't income) then you're likely to fail FFP.
Shush, PB, you'll give your age away...
He meant bitcoin, everyone. Nothing to see here. As you were.
squirtyflower
Well-Known Member
i think Green Shield Stamps might be a safer finance model that Bitcoin ChrisChris in London said:Prestwich_Blue said:The source of the finance doesn't matter. If you buy a player for cash, on tick, using American Express or Green Shield stamps, you have to account for them in the same way, which goes as an expense in the Profit & Loss account. If your expenses are greater than your income (and a loan isn't income) then you're likely to fail FFP.
Shush, PB, you'll give your age away...
He meant bitcoin, everyone. Nothing to see here. As you were.
Chris in London
Well-Known Member
- Joined
- 21 Sep 2009
- Messages
- 13,259
squirtyflower said:i think Green Shield Stamps might be a safer finance model that Bitcoin ChrisChris in London said:Prestwich_Blue said:The source of the finance doesn't matter. If you buy a player for cash, on tick, using American Express or Green Shield stamps, you have to account for them in the same way, which goes as an expense in the Profit & Loss account. If your expenses are greater than your income (and a loan isn't income) then you're likely to fail FFP.
Shush, PB, you'll give your age away...
He meant bitcoin, everyone. Nothing to see here. As you were.
Wouldn't know mate, I've only heard of them because my gran used to collect them :)
squirtyflower
Well-Known Member
sureChris in London said:squirtyflower said:i think Green Shield Stamps might be a safer finance model that Bitcoin ChrisChris in London said:Shush, PB, you'll give your age away...
He meant bitcoin, everyone. Nothing to see here. As you were.
Wouldn't know mate, I've only heard of them because my gran used to collect them :)
Prestwich_Blue
Well-Known Member
So you obviously know what Green Shield stamps are then Chris. ;-)Chris in London said:Prestwich_Blue said:The source of the finance doesn't matter. If you buy a player for cash, on tick, using American Express or Green Shield stamps, you have to account for them in the same way, which goes as an expense in the Profit & Loss account. If your expenses are greater than your income (and a loan isn't income) then you're likely to fail FFP.
Shush, PB, you'll give your age away...
He meant bitcoin, everyone. Nothing to see here. As you were.
Someone accused me of looking like a wizened ET on here the other day so remembering Green Shield stamps is the least of my problems!
gordondaviesmoustache
Well-Known Member
That Ric can be a right nasty fucker.Prestwich_Blue said:Someone accused me of looking like a wizened ET on here the other day