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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
If I can ban de niro I can certainly ban you!stony said:gordondaviesmoustache said: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
Terrible thing to say. However, if you gave him a pointy hat and a fishing rod...............
Prestwich_Blue said:If I can ban de niro I can certainly ban you!stony said:gordondaviesmoustache said:That Ric can be a right nasty fucker.
Terrible thing to say. However, if you gave him a pointy hat and a fishing rod...............
Haha, getting back in my box.
Blue Mooner
Well-Known Member
- Joined
- 25 Jun 2005
- Messages
- 3,133
Mr. Aguia said:Chippy_boy said:Cobwebcat said:Not saying I'm right but as Platini specifically said loans are fine as long as you can afford the interest I'd need to be pointed in the direction of the rules to the contrary before I believed you 100%.
All that matters is revenue (income) and expenses (outgoings). A loan just affects how much cash you have got and how much debt you have on the balance sheet. It doesn't change your revenue or expenses (other than adding to your expenses in terms of interest payments).
So a club can borrow what it likes and it doesn't help FFP at all.
This is how I see it as well. The point it seems he's making is can they use a loophole around FFP. By getting a loan and using that money to buy players but only the yearly payments being counted as "spending". It's an interesting idea but I don't think UEFA would see it that way. IMO they would count all money spent on players regardless of how much of "our money" was being used opposed to the "banks money". They would just say we spent 200m, regardless of the payment plan so to speak.
Wondering how the NYCFC and the club in Australia could help us beyond having them pay us for scouting costs. Could we sell say Clichy to NYCFC for 20m?
But cobwebcat is making a very valid point. Why are the rags able to carry a 400million pound debt and simply service the debt as part of their expenditure but we can't borrow the same amount and do likewise. FFP my arse, but then we all know that anyway. I still don't understand why the Sheikh giving us £400 million can't be counted as income?
Prestwich_Blue
Well-Known Member
Re: City & FFP (updated)
I'm sure there's a cathedral missing a gargoyle somewhere.stony said:Prestwich_Blue said:If I can ban de niro I can certainly ban you!stony said:Terrible thing to say. However, if you gave him a pointy hat and a fishing rod...............
Haha, getting back in my box.
gordondaviesmoustache
Well-Known Member
There's only one poster that's unbannable, mate. Has your time as a mod taught you nothing?stony said:Prestwich_Blue said:If I can ban de niro I can certainly ban you!stony said:Terrible thing to say. However, if you gave him a pointy hat and a fishing rod...............
Haha, getting back in my box.
Prestwich_Blue said:I'm sure there's a cathedral missing a gargoyle somewhere.stony said:Prestwich_Blue said:If I can ban de niro I can certainly ban you!
Haha, getting back in my box.
A gargoyle or a grotesque ? There is a difference.
Davs 19
Well-Known Member
gordondaviesmoustache said:There's only one poster that's unbannable, mate. Has your time as a mod taught you nothing?stony said:Prestwich_Blue said:If I can ban de niro I can certainly ban you!
Haha, getting back in my box.
It's me isn't it ?
gordondaviesmoustache
Well-Known Member
If it was up to me it would be, Davs.Davs 19 said:gordondaviesmoustache said:There's only one poster that's unbannable, mate. Has your time as a mod taught you nothing?stony said:Haha, getting back in my box.
It's me isn't it ?
Davs 19 said:gordondaviesmoustache said:There's only one poster that's unbannable, mate. Has your time as a mod taught you nothing?stony said:Haha, getting back in my box.
It's me isn't it ?
Yes it is.