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

[MillionMilesAway]

Yeah, just noticed they have change the headline since my first post. Thanks for shouting.

Copy/paste, nothing more done to it.

 

[willipp]

Uefa says it is not investigating Manchester City over its Financial Fair Play rules, despite the Spanish league calling for them to do so.

European football's governing body is already investigating if Paris St-Germain have broken rules designed to stop clubs from 'financial doping'.

La Liga president Javier Tebas said City and PSG's "funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry".

But a Uefa statement read: "There is no investigation into Manchester City with regards to FFP regulations. Any reports mentioning such an investigation are unsubstantiated."

City and PSG spent hundreds of millions of pounds on new players this summer.

PSG have been owned by the Gulf state of Qatar, via its Qatar Sports Investments fund, since 2011.

They more than doubled the world record transfer fee when they spent 222m euros (£200m) to sign Neymar last month, before adding Kylian Mbappe on loan from Monaco, a deal that is expected to be made permanent for £165.7m in 2018.

City's summer spend of £215m was the biggest by any club in any transfer window and included deals for England full-back Kyle Walker (£45m), Portugal midfielder Bernardo Silva (£43m), Brazilian goalkeeper Ederson Moraes (£35m) and France defender Benjamin Mendy (£52m).

The Premier League club, bought by The Abu Dhabi United Group in 2008, also sold several players over July and August, including Kelechi Iheanacho, Wilfried Bony and Aaron Mooy, leaving their net spend at about £130m.
A La Liga statement released on Monday confirms it wrote two letters to Uefa on 22 August - one to express concerns over the French club, and another relating to City.

The body claimed that "both PSG and Man City benefit from sponsorships that make no economic sense and lack any fair value".

The statement continued: "La Liga calls on Uefa to proceed with its investigation, taking into account the full history of PSG's actions. Additionally, La Liga calls on Uefa to open a similar investigation into Man City."

Is that taken from the BBC article? Just had a scan of it and they have conveniently missed out Uniteds 2016, 2014 summer spending from the list. In 2016 they spent 166 million and in 2014 175 million. Wonder why they have missed that from their list, i don't really need anyone to answer that.

 

[oakiecokie]

Is that taken from the BBC article? Just had a scan of it and they have conveniently missed out Uniteds 2016, 2014 summer spending from the list. In 2016 they spent 166 million and in 2014 175 million. Wonder why they have missed that from their list, i don't really need anyone to answer that.

Yes it was w. and you`ve hit the nail on the head ... how very convenient.

 

[PannickAtTheDisco]

looks like people have been told to stop bullshitting

 

[mccity]

People don't like to look at facts with City. The truth doesn't fit the narrative.

 

[bluemoonmatt]

Yes it was w. and you`ve hit the nail on the head ... how very convenient.

Maybe because its not deemed relevant to the story given the angle is that Barca fucking lona decided to try a grass us up along with PSG and that UEFA are basically confirming that we are not part of any investigating. I'm not defending the BBC just for the sake of it I just think the filth arent involved in this particular story story so its perhaps right theyre not mentioned.

 

[MillionMilesAway]

Is that taken from the BBC article? Just had a scan of it and they have conveniently missed out Uniteds 2016, 2014 summer spending from the list. In 2016 they spent 166 million and in 2014 175 million. Wonder why they have missed that from their list, i don't really need anyone to answer that.

2014 is there, listed at around 149M.

Not sure where the figures cam from, but some of the transfermarkt costs look high to me (di Maria is listed as 67.5M, when I thought it was 50M)

 

[8448]

Unfortunately the relations between Man CIty and PSG are not that good but i would like to hope an alliance between the two to sue UEFA for all this corruption and make FFP an old joke.

 

[DenisLawBackHeel74]

Yeah, just noticed they have change the headline since my first post. Thanks for shouting.

The BBC look like right dicks now....Initially running with the story we are being investigated but then having to change it a couple of hours later

Cnuts !

 

[JASR]

The BBC headline and content of the story has changed considerably , since UEFA said they were doing nothing.

The shock awe is gone.

And they've even mentioned net spend at the end. No other team's net or overall spend mentioned - despite the glaring obvious big one.