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

[KS55]

Was it not Everton and Newcastle they were looking at? Not Liverpool.

Newcastle certainly. Amanda thingy chuntered about Liverpool at one time. Apparently put off by Anfield redevelopment costs.

 

[aguero93:20]

Was it not Everton and Newcastle they were looking at? Not Liverpool.

Dubai crowd were looking at the dippers, but the dippers lied to them about talking to FSG and they pulled out. The Emirates tend to avoid going head to head so Mansour probably would have looked elsewhere had it gone through. Funny shit.

 

[bobbyowenquiff]

Yeah but they'll be fucked when the wind runs out

And don't forget the world's largest solar power plant. In fact Abu Dhabi is one of the world's leading countries for renewable energy. But don't let the inconvenient facts get in the way of the "dirty oil money" narrative. Every single penny invested in City and CFG has been driven by Sheikh Mansour moving away from any dependency in his business on fossil fuel revenues. He has successfully achieved this, making a huge profit in the process. At some stage the English press will have to change their fake story about how City are actually funded. The media is just looking increasingly stupid.

World’s Largest Solar Power Plant Moves Forward In Abu Dhabi With Contract Award

2GW plant is to be developed by a multinational consortium and should start producing power within two years

www.forbes.com

 

[KS55]

Dubai crowd were looking at the dippers, but the dippers lied to them about talking to FSG and they pulled out. The Emirates tend to avoid going head to head so Mansour probably would have looked elsewhere had it gone through. Funny shit.

Yes. I misremembered. Was Dubai and dippers.

 

[Man_City_Loyal]

Dubai crowd were looking at the dippers, but the dippers lied to them about talking to FSG and they pulled out. The Emirates tend to avoid going head to head so Mansour probably would have looked elsewhere had it gone through. Funny shit.

not like liverpool to lie.

 

[Kinkys Left Foot]

Our most valuable player KDB is currently 27th on the all time list of most expensive footballers in € or 40th in £.
https://en.m.wikipedia.org/wiki/List_of_most_expensive_association_football_transfers

definitely ruining football

 

[aguero93:20]

Anyway lads, before anyone gets too over-excited at the prospect of FFP getting lifted, we should all take a moment to remember that you can't buy success:

 

[Invisible_Goat]

It's quite simple really - it's a pretty unique industry that needs competition to be sustainable. One team winning everything because they are financially superior isn't sustainable. There needs to be hope for smaller clubs.

I'm not talking about capping individual salaries pal. I'm talking like the NFL where the cap is a percentage of the leagues revenue and teams can spend it how they see fit within the cap.

I don't think regulating investment and debt is possible legally as we've seen with FFP 1.0. Any other form of it is similarly wrong in my view.

It needs to be internal to the finances of football. It works in other sports, that we're gone out of control salary wise. Why not football?

I'm going to address in the elephant in the room here, who do you support? Or have you mentioned this before? It seems to only be teams of Liverpool fans who moan about clubs spending more money than them.

Just to nip this idea in the bud - Your comparison to American style caps is floored and it wouldn't work in football, because there are too many leagues across the world. In America you have one league for the NFL, the NBA or the MLS, with no relegation or promotion. The NFL can cap it's league, because they have no competition.

In football, unless you wanted an exodus of players to go to uncapped leagues, you'd have to apply it globally, and unfortunately, that's not going to happen. Not when you'd be dealing with 100 different legal jurisdictions and tax systems.

If you just did this in Europe, additionally, the players unions would have to agree to this under European law, and they wouldn't go for it, why would they, what benefit does it have for players to earn less.

The only way I ever see this happening is with a European super league where this is a level playing field. However, that doesn't solve your issues for lower clubs.

 

[jimmygrimblesboots]

Was it not Everton and Newcastle they were looking at? Not Liverpool.

Could be , i know they looked at a couple of clubs , we had a new stadium and a solid customer/fan base , and were rife for investment.

 

[Esteban de la Sexface]

I'm going to address in the elephant in the room here, who do you support? Or have you mentioned this before? It seems to only be teams of Liverpool fans who moan about clubs spending more money than them.

I support Manchester City man and boy. I'm not giving out about spending money, you can try put words in my mouth like the rest of them if you wish.

Having a handful of teams able to dominate financially isn't good for the game long term, they can drive prices up to make other teams pay over the odds and inflate the market to suit themselves (PSG and Neymar for example)

Manchester City football club have been impeccable thus far and I wholeheartedly disagreed with FFP - it was unfair - as an implementation it was corrupt - I do however think the intention to make the game of football somewhat fairer financially speaking is worthwhile.

I just think it would be hypocritical to support unrestricted spending when we'd be in a cartel of two who could pretty much blow everyone out of the water.

It is just an opinion. I don't get why people are so militant about it, but there you go