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

[mancity dan]

It was agreed that we could use it for our calculations for our spending limit, but it won't count in the accounts till now.

 

[Prestwich_Blue]

My input on educating people about football finance over the years hasn't been wasted I see.

Aguero93:20 added the missing bit of the equation; if we get £20m for Dzeko plus the profit we've made on other deals, the new players should have little or no net impact on the overall bottom line. The downside is that we can only use a transfer profit once of course but we're at the point where we largely have saleable assets. But in the 2016 financial year then we're OK.

As far as revenue is concerned it's the CL where we should get increased revenue this season, with the domestic deal kicking in next year. Plus if the rumours of a new deal with Nike and CFA sponsorship are correct, we're quids in.

We might still need the Sheikh to stump up some cash when we need to buy players but we're self sustaining on a revenue basis and can support significant spend on a regular basis.

 

[Del_Bosque]

My input on educating people about football finance over the years hasn't been wasted I see.

Aguero93:20 added the missing bit of the equation; if we get £20m for Dzeko plus the profit we've made on other deals, the new players should have little or no net impact on the overall bottom line. The downside is that we can only use a transfer profit once of course but we're at the point where we largely have saleable assets. But in the 2016 financial year then we're OK.

As far as revenue is concerned it's the CL where we should get increased revenue this season, with the domestic deal kicking in next year. Plus if the rumours of a new deal with Nike and CFA sponsorship are correct, we're quids in.

We might still need the Sheikh to stump up some cash when we need to buy players but we're self sustaining on a revenue basis and can support significant spend on a regular basis.

Nike is plastered EVERYWHERE at the CFA, much more so than the ground.

Given that ground hadn't been broken when Nike signed their deal, very unlikely this much placement was included in the original deal

Also the training kits, surely we can't continue wasting that space on a Cityzens logo ? NYCFC have a training kit sponsor ffs

 

[BlueAnorak]

Provisional Beligian Court judgement for a preliminary judgment has been ruled out as "manifestly inadmissible."
http://www.espnfc.co.uk/fifa-world-...ctory-in-financial-fair-play-court-challenge?

What the story doesn't say is the full hearing still has to be heard.

 

[Ric]

 

[avoidconfusion]

Am confused now. Did the challenge to FFP fail or what?

 

[aguero93:20]

Am confused now. Did the challenge to FFP fail or what?

No, they've just said they won't do anything until they've heard the full case.

 

[VOOMER]

nothing to see here.

 

[keith's curle]

Don't quite get what has happened, but am I right in thinking that the Belgian court has sent it on to the EU court and recommended the EU court make a quick decision based on the Belgian court findings and the EU court has said no, it wants to hear the whole thing for itself? (or something similar).

 

[BlueAnorak]

Don't quite get what has happened, but am I right in thinking that the Belgian court has sent it on to the EU court and recommended the EU court make a quick decision based on the Belgian court findings and the EU court has said no, it wants to hear the whole thing for itself? (or something similar).

The Belgian Court recommended a provisional judgement to stop the reduction in the the 3 year FFP deficit from €45m to €30m for season 2016/17 - that is the bit that has been rejected.
There still has to be a full hearing.