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

lancs blue said:
You mean they don't give a fuck!
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Or just maybe whatever the revenue, is classed a fair value. There is nothing stopping sponsorship from the country of your owners. If there was the rags and dippers would be in serious trouble

What might be the issue is who decides what is fair value!
 
Fallingbostel Blue said:
t.co

Aldar becomes official real estate partner of Manchester City Football Club

Aldar Properties PJSC (‘Aldar’), the leading real estate developer and manager in the UAE, and Manchester City F.C. (‘Manchester City’), have announced a new partnership that sees Aldar become the Club’s Official Real Estate Partner.
t.co t.co

Always thought we needed a real estate partner
Click to expand...

Haha...seems we have moved into full fuck the world mode :)

Mubadala are a share owner in Aldar and the PL will have to get their heads round the "association" with Khaldoun and Sheikh Mansour due their positions with Mubadala. This assumes the sponsorship is >£1million.


 
Fallingbostel Blue said:
t.co

Aldar becomes official real estate partner of Manchester City Football Club

Aldar Properties PJSC (‘Aldar’), the leading real estate developer and manager in the UAE, and Manchester City F.C. (‘Manchester City’), have announced a new partnership that sees Aldar become the Club’s Official Real Estate Partner.
t.co t.co

Always thought we needed a real estate partner
Click to expand...
We need an official sand supplier, Alan Davis can recycle it back to ‘where it came from’
 
halfcenturyup said:
Much respect to @Prestwich_Blue but I imagine he regrets posting that opinion on a public forum every time someone, years later, digs it out. :)

But an opinion was all it was. The fact is, legally, Mansour is the club's ultimate owner, as PB points out. I am not aware of any document that has been used in any of the proceedings against the club that has referred to City being owned, or effectively controlled, by the AD state. Probably a reason for that.

I prefer posts made by @Damocles a while back in which he made a pretty detailed analysis of Mansour, the Royal family and the government and the relationship between the three. That doesn't make anything a fact either, but it was the sort of analysis of a complex situation, in a different culture, that we haven't seen anywhere else since 2008.
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Not even Der Spiegl or UEFA have ever accused us of being "state owned" but, for some reason, the Guardian insists on repeating it. For that to be true we would have had to produce false accounts since 2009 and hundreds of independent auditors would have had to be in on the conspiracy. It is plainly absurd and can be easily checked but staff at the Guardian seem incapable of doing that or, more likely, they are just motivated by malice.
 
Will the PL fair value assessment work retrospectively when the history clubs fail to meet expectations based on original perceived values and will penalties be applied?

Investment is precisely that and you cannot have different rules for new than for old and whether or not they succeed or fail. The criteria being discussed are are not based on international accounting rules but local arbitrary criteria manipulated to suit certain interested parties who can influence the outcome. It is just crazy and corrupt.
 
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