ccr
Well-Known Member
Think this was mentioned on that gooners blog by a blue on here. They seemed to totally ignore the point or their underpants muffled their reply.
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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
JoeMercer'sWay
Well-Known Member
Didn't sound that way to me...
If you don't necessarily have to make a profit (like us) and you've money to burn, then like us, you can do it.
I think you're reading it completely the wrong way 2bh.
Aye, but I didn't say money to burn like us, I said money to burn (comma) then like us, you can do it.
In my mind, that's why I said 'don't have to make a profit (like us), but didn't do so on the money to burn aspect.
Crossed wires I think.
Yep looks that way my bad..
Blueknows
Well-Known Member
260 million debt and yet..............
AC Milan have cleared a major hurdle in their plans to build a new stadium after their bid to acquire the land to build on was approved.Milan, who currently share the ageing municipal San Siro stadium with rivals Inter Milan, are planning to build a 48,000-capacity arena in time for the 2018-19 campaign.
"It is the first historic step," said club director Barbara Berlusconi. "It is a first step because we will have to submit the entire project to the institutions for approval."
AC Milan have cleared a major hurdle in their plans to build a new stadium after their bid to acquire the land to build on was approved.Milan, who currently share the ageing municipal San Siro stadium with rivals Inter Milan, are planning to build a 48,000-capacity arena in time for the 2018-19 campaign.
"It is the first historic step," said club director Barbara Berlusconi. "It is a first step because we will have to submit the entire project to the institutions for approval."
john@staustell
Well-Known Member
- Joined
- 21 Dec 2009
- Messages
- 1,784
Stadium building doesn't count for ffp
Stadium building doesn't count for ffp
They still have to fund it, and if they're in debt to the tune of £260M where is the money coming from?
Blueknows
Well-Known Member
Exactly , and the alterations to the existing FFP rules and the timing of it ..................coincidence ?They still have to fund it, and if they're in debt to the tune of £260M where is the money coming from?
Exactly , and the alterations to the existing FFP rules and the timing of it ..................coincidence ?
It's no coincidence. I suspect they have an investor lined up and waiting. They just needed the ffp rules out of the way first.
FanchesterCity
Well-Known Member
An investor can already come in and spend 300m on a stadium, but they won't want to do that unless there's improvement in the pitch, which is where FFP trips them up.
They'll probably want to spend 300m on the team too, which is why FFP needs to be changed - surprise surprise.
UEFA wouldn't have flinched an inch had it been someone wanting to do the same with Trabzonspor.
They'll probably want to spend 300m on the team too, which is why FFP needs to be changed - surprise surprise.
UEFA wouldn't have flinched an inch had it been someone wanting to do the same with Trabzonspor.
260 million debt and yet..............
AC Milan have cleared a major hurdle in their plans to build a new stadium after their bid to acquire the land to build on was approved.Milan, who currently share the ageing municipal San Siro stadium with rivals Inter Milan, are planning to build a 48,000-capacity arena in time for the 2018-19 campaign.
"It is the first historic step," said club director Barbara Berlusconi. "It is a first step because we will have to submit the entire project to the institutions for approval."
How much did they pay for the Land they acquired to build on?