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

[Churchlawtonblue]

Incidently, when a club is sold, the shareholders receive the money, not the club. So in this case, ADUG would get the proceeds of a sale of CFG shares.

Ok but doesn't where the money ends up depend on whether their are new shares generated or the sale of existing shares?

 

[aguero93:20]

Ok but doesn't where the money ends up depend on whether their are new shares generated or the sale of existing shares?

No, it's still investment and not revenue.

 

[Prestwich_Blue]

Ok but doesn't where the money ends up depend on whether their are new shares generated or the sale of existing shares?

In one sense it does. If ADUG sell some existing shares then they get the money but if they sell newly issued shares then the club get the money. But it’s still not classed as income. So it may raise cash but you can’t necessarily spend that because you still have to meet FFP break-even requirements.

 

[Churchlawtonblue]

In one sense it does. If ADUG sell some existing shares then they get the money but if they sell newly issued shares then the club get the money. But it’s still not classed as income. So it may raise cash but you can’t necessarily spend that because you still have to meet FFP break-even requirements.

Ok thanks.

 

[kippax4ever]

Wouldn't we need somebody to play against?

So long as its not the Bin-Dippers,they can trash our coach but not our space shuttle..

 

[Tb1981]

As regards FFP much as I want mbappe if Paris are punished I would love them to just take UEFA to court over ther legitimacy of it and blow a hole right through them
Which is also why fuck all will come of it. UEFA is corrupt as is fifa so they have no leg to stand on and won’t risk it.
They just hate that we are so good and psg have Neymar
Was anyone at UEFA remotely arsed when Madrid bought Ronaldo and Kaká in the same summer?

 

[KS55]

Ok but doesn't where the money ends up depend on whether their are new shares generated or the sale of existing shares?

If a company issues new shares, the company will obvs get the money. Can be complex, depending on if its a new class of shares or dilution of existjng holdings. In our case, ADUG sold 13% of CFG to the chinese interests, so quite straightforward, and ADUG pocketed the cash, but we wont begrudge the Sheik getting his original outlay back!

 

[Churchlawtonblue]

If a company issues new shares, the company will obvs get the money. Can be complex, depending on if its a new class of shares or dilution of existjng holdings. In our case, ADUG sold 13% of CFG to the chinese interests, so quite straightforward, and ADUG pocketed the cash, but we wont begrudge the Sheik getting his original outlay back!

Thanks for the response.

 

[Project]

PSG cleared lol. Sets a huge prescedent but one suspects we’d never be allowed to operate within it.

 

[richards30]

Will we go for a biggy now sooner rather than later?