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

[BamberBridgeBlue]

Is there anything official on these changes or is it just “potentially”?

 

[aguero93:20]

Drogheda are in financial danger in year 21 though. They will still have the same expenses as they did in the previous years but nobody to cover it. The exact same as Mandaric at Portsmouth or Mansour at City. I bet if you watch the first interview after the takeover at both clubs they will both be saying something similar. In fact Google any takeover and they are all whispering sweet nothings. Man City is one of the very few where the buyer was true to his word.

Not if I've covered all contracts up front as I suggested in a previous post and not if they've used the investment to grow their own revenues through on-field success as City have done.

 

[Esteban de la Sexface]

You need to learn the difference between the P and L and the Balance sheet and also how regulation is practised. Until then, I'd keep quiet if I were you, for fucks sake.

You need to learn the difference between there being 96 odd clubs in football and not one or two with owners that happen to have unlimited funds. Removing one racket and replacing with another is not the answer.

You're incapable of debate outside the city bubble it would seem

 

[BobbyBoy]

It still affects my take home pay regardless of who nominally pays it mate.

It doesn't, Halaand agrees 300k deal, limit is set at 250k, his employers pay additional tax on the extra 50k

 

[KS55]

None of them touch the clubs p&l? Seriously. You're making the mistake of thinking every club has a sugar daddy that's willing to pump in his personal wealth regardless. Football would simply cease to exist with the measures you mentioned. Access to money is necessary in every single industry

Regulating salaries and transfer fees, basically regulating agents would go a long way to removing the need for a lot of debt.

"By limiting clubs debt to a % of revenue " Again, seriously. You're just repackaging FFP

Gawd save us.

It can't involve existing contracts, it will be future contracts only. It wouldn't get through otherwise.

Reading between the lines of this report and the last one about non transfers between CL clubs it appears to me there is a recognition that costs have gotten out of control and the source of the funding is no longer as reliable as it was.
Madrid and Barcelona have the highest revenues in the sport but one of them can't pay their wages. Something is broken if that's the case.

The game needs to do something. It can't continue as is where 95% of teams in the championship pay more in wages than they take in revenue, that is seriously fucked up but seemingly acceptable. In no other industry does so much of the money make its way into the hands of the workers. I'm not advocating starving the players but equally their value needs to be realigned. I watched the Sunderland documentary recently and you have league one players driving 150k cars and wearing 2k jackets. League one is the equivalent of your local theatre, its not Hollywood.

A cap on pay based on a strict % of turnover seems fair to me and apply a luxury tax (paid in advance) to those rich enough and willing to pay it. That way outside money isn't blocked off and smaller clubs (like Bury) and bigger clubs (like Barcelona) are protected from themselves or more accurately the shysters that seem to always end up owning and destroying them. Debt is obviously the other issue but if you're managing the finances correctly this will take care of itself.

Then you would run up against clubs who artificially increase turnover.
Danilo and Cancelo swap ring any bells?

 

[BobbyBoy]

Not if I've covered all contracts up front as I suggested in a previous post and not if they've used the investment to grow their own revenues through on-field success as City have done.

Then you have left a club behind with 22 players out of contract. The club wouldn't need the 5m every year if your revenues were so healthy.

 

[BobbyBoy]

Gawd save us.
Then you would run up against clubs who artificially increase turnover.
Danilo and Cancelo swap ring any bells?

Of course you will get that going on but you don't not legislate because a few will take the piss.

 

[KS55]

You need to learn the difference between there being 96 odd clubs in football and not one or two with owners that happen to have unlimited funds. Removing one racket and replacing with another is not the answer.

You're incapable of debate outside the city bubble it would seem

I've made several posts to you and not mentioned City once. My points about regs have absolutely nothing to say about sugar daddies.You are in a hole because you clearly dont know even the basics of finance and you are just thrashing about. Just Stop.

 

[KS55]

Absolutely 100% agree. Blow every fucker away, especially both the dirty red shits and the chavs with their Russian gangster. Fucking hate them all.

Bring in Haaland, Messi, Grealish and Alaba.

Nice thought, but can't see Khaldoon doing that.

 

[aguero93:20]

It doesn't, Halaand agrees 300k deal, limit is set at 250k, his employers pay additional tax on the extra 50k

I thought the tax was going to be so punitive as to be unpayable?