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

[halfcenturyup]

I so hope Newcastle owner take them to the cleaners.

If the PL tries this on with them, they should sue them for 3 billion, which is how much the value of City has grown in the last 10 years. :)

That should slow the PL down a little.

 

[decmancity]

I so hope Newcastle owner take them to the cleaners.

I dont think they will be getting too involved with sponsorships in the prem for a while.

 

[Newman Noggs]

I have no idea how they expect these rules to be applied in the real world. They say that the club must cancel or amend a contract with a third party if the PL decides it isn't fair value. But it will still be a valid legal contract. The PL must have zero authority to force any club to break a valid legal contract. The first time this happens to Newcastle, they sue and they either win, the Saudis tell the government to intervene again, or three years later it is still in the courts, they have spent the money and they will be a more valuable club thereby proving the sponsorship value was right in the first place.

What a waste of PL resources. Good for lawyers, though. Hoorah!

It's fucking madness. Unless it's based on "a feeling" (which it could be), the degree of research they will have to do to make a finding, for every sponsorship deal, for every club is mind-boggling. Even if, as we all suspect, it will be targeted at certain clubs, it will still require a whole organisation to work.

And how long is the process going to take ? As we've seen, the PL is in no hurry to help the clubs requiring sponsorship.

I hope this is challenged in the Courts. I know we're through the looking glass in so many areas of life now, but let's find out if the PL really is above competition law. We may as well know.

 

[Exeter Blue I am here]

There is nothing to target us on in relation to sponsorship even if the rules are implemented, see my original post. If they want to go down that route, they can & they will follow the same path as UEFA and find themselves, & their new rules in very muddy waters. This is clearly to prevent Newcastle getting off the ground with Saudi deals and building into a threat to Champions League revenue streams that the Yank Clubs want and have monopolised, us aside.

I am semi-expecting a legal challenge from Newcastle before this can be implemented and, if it is, I doubt it’ll even stick in its current format.

I hope you’re right about the legal challenge, but I still respectfully disagree about the intended target. City currently cost the cartel in the region of £100 million a year in CL revenue, plus associated domestic prize money and diminished advertising revenue. Newcastle cost them sweet FA, and with FFP already acting as a constraint on their ability to generate income through sponsorships, nor will Newcastle impact the cartel for years to come. Whilst this “legislation” may unquestionably be aimed at Newcastle as well, it’s primary target is without question in my opinion City, for the reasons stated

 

[Chi-town blues]

I’m sure theres a fine print somewhere stating exemption for rags and dippers or else they won’t shoot themselves assuming these rules are applicable to all.

 

[BeerIsTheBest]

Of course it is. It's drafting is entirely based on our business.

Newman. I’m with you on an initial view of the basic details. I’ve posted a few times my belief that the failure to cut us off at CAS would be followed by something that looked to blow up our group model. Just wait for a follow on punch regarding income generated from the vicinity of the ground to take the wind out of the Arena.
The Prem Lge must be in bed with UEFA on this intervention. It’s no wonder we voted against it.
My understanding has always been that a competition body like the EPL can seek to introduce any rules of membership it likes in exchange for voluntary membership of the body and acceptance of its rules. But, ultimately statute and international law prevails in the event of a dispute, whatever the rules say.
We will have known what’s coming and we will have dusted off the tanks and primed the legal team.
the EPL might as well try to take the EPL ‘golf club’ back to Sid Jame‘s 1980 world and ban those with Arabian type names, hooked noses and hawks on their wrists from the course and clubhouse.

I hope the club feel like I do …..again. This just makes me fervently wish for another 10 years of unbridled success to stick one to the FA, the American history clubs and big brother UEFA in the background.

 

[bobbyowenquiff]

Does this mean that Tariq Panja will be announcing all our future sponsorship deals before they actually happen?

I honestly can’t see past a premier league team finding a sponsor then having to tell everyone in the premier league who they’re thinking about working with, then before anything is signed off, United or Liverpool can contact them directly hoovering up any potential new sponsors.

How did they get this level of control!?

This hits the nail on the head. This means that PL clubs (perhaps even competing for the same sponsorship deals) will be able to scrutinise the confidential financial information of their cmmercial rivals on every deal over £1m.
It opens the door for officals from LFC and MUFC to leak confidential information to the media and so undermine any deals, whether or not they are "third-party related." This is precisely what happened during the UEFA FFP case and is the main reason why we stopped co-operating with them. This proposal is total madness and will just accelerate any move to a new Superleague.

 

[StillBluessinceHydeRoad]

I've no doubt on that bud, but we're pretty much unstoppable I'd have thought.

They just don't want a second club as good as ourselves taking their place at the top table. Although they can always make the table bigger again to keep themselves relevant I suppose.

I wouldn't be too sure. The PL and UEFA have attempted to destroy City by charging us with inflating transfer deals and other offences which exist only in the pages of UEFA's and the PL's rules. Then there is the rubbish about state ownership and control and this brilliant new concept of "associated" parties, which, I believe, has no legal definition anywhere and is only defined, presumably, in the pages of the PL rules. These rules seem to be a continuation of the plot, not to weaken City, but to destroy us by ruling out much of our income and even to catch us retrospectively by bringing the Etihad deal payments under the umbrella of an associated party deal.

These rules seem to have the stamp of arrogance and bad faith so distinctive of corporate America and City and Newcastle should go straight to the UK courts and teach our American friends that in the UK it is UK law which protects the rights of the honest and honourable from the dishonesty of commercial criminals, American or otherwise. We Brits have no truck with cartels.

 

[lust overlord]

I wouldn't be too sure. The PL and UEFA have attempted to destroy City by charging us with inflating transfer deals and other offences which exist only in the pages of UEFA's and the PL's rules. Then there is the rubbish about state ownership and control and this brilliant new concept of "associated" parties, which, I believe, has no legal definition anywhere and is only defined, presumably, in the pages of the PL rules. These rules seem to be a continuation of the plot, not to weaken City, but to destroy us by ruling out much of our income and even to catch us retrospectively by bringing the Etihad deal payments under the umbrella of an associated party deal.

These rules seem to have the stamp of arrogance and bad faith so distinctive of corporate America and City and Newcastle should go straight to the UK courts and teach our American friends that in the UK it is UK law which protects the rights of the honest and honourable from the dishonesty of commercial criminals, American or otherwise. We Brits have no truck with cartels.

And when/if it does go to court and the premier league concedes.

European superleague becomes more "attractive".

Everyone's a winner.......

 

[Fred_Quimby]

What I find amusing in all this is ‘horse’, ’stable’, ‘bolted’. We are an international club with links, literally, all over the world and the PL and UEFA don’t know how to deal with it. They are stumbling around in the dark. There isn’t a single example of this in any sport anywhere else in the world. The only thing that comes close is the Red Bull associations and that is nothing like ours.