Shaelumstash
Well-Known Member
- Joined
- 30 Apr 2009
- Messages
- 8,254
SWP's back said:Ignore my last post.Shaelumstash said:squirtyflower said:So you don't think the reason it's been thrown out is because of the illegal restriction on owner investment
I think you've gone a stage further than the reality. You're looking at the reasons as to why it's been "thrown out" I'm saying I don't think it's been thrown out yet.
Platini has just said there will be some easing of some of the parameters. One of those parameters might well be the limiting of owner investment.
To be clear, I assume the restriction of owner investment is actually illegal. I assume this will be "eased" by UEFA, and I also assume if DuPont's case wins, that whole section of the regulations will be thrown out completely. But my wider point is, even if there is no limit on owner investment, I don't think there will be a sea change in our activity.
I think because of our huge revenue's, some huge contracts being moved off our books this summer, and the huge new TV deals, we're going to be spending around 150m this summer anyway, FFP restrictions or not. I don't think if FFP gets thrown out we're going to change our business model and start turning in to Real Madrid 2.0 and start buying every big name possible no matter what the cost. It would probably be fun to watch, I just don't see us doing it.
ADUG want to move away from the perception of being money no object ostentatious spenders, and move towards a perception of savvy businessmen with a strong sense of CSR who want to invest in developing youth and the wider community.
This is on the money I'd say.
Will do.