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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
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Rammy Blue
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Re: City & FFP (continued)
Sounds as if we're off to war. Good. Fuck UEFA, fuck 'em all.
Sheikh Mansour should get rooting behind the sofa, go get Messi and spend a few hundred million in the summer. We've tried to do this the right way and be nice about it, now it's time to show our strength.
Sounds as if we're off to war. Good. Fuck UEFA, fuck 'em all.
Sheikh Mansour should get rooting behind the sofa, go get Messi and spend a few hundred million in the summer. We've tried to do this the right way and be nice about it, now it's time to show our strength.
aguero93:20
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Re: City & FFP (continued)
I'd say there's bits of truth in there, but squad size restriction, wage restriction and a massive fine?Prestwich_Blue said:Does match what I'm hearing that we ain't playing their game and are prepared to dig in.aguero93:20 said:Meh. Presumption and Speculation.Cobwebcat said:
nmc
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Re: City & FFP (continued)
Or leaks from UEFA.
aguero93:20 said:Meh. Presumption and Speculation.Cobwebcat said:aguero93:20 said:Source jrb.
Looks like the Guardian
http://www.theguardian.com/football/2014/may/05/manchester-city-settlement-uefa-financial-fair-play
Or leaks from UEFA.
KenTheLandlord
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Re: City & FFP (continued)
Agreed, nothing remotely resembling news in that piece.
bluecityste said:jrb said:So the battle begins, if true?
Manchester City are still a long way off agreeing a settlement with UEFA over sanctions for breaking financial fair play rules, it can be disclosed.
The club have until the end of the week to agree to the sanctions or face the case being handed to a panel for a non-negotiable decision.
City are one of nine European clubs, also including Paris St-Germain who are being dealt with for rule breaches, and it is understood they are one of those furthest away from reaching an agreement.
The initial settlement offer made to City included financial restrictions on their Champions League squad for next season, and possibly a cut in the size of the squad, as well as a heavy fine.
Neither City nor UEFA would comment but it is understood the Manchester club have been negotiating forcefully for a significant reduction in that sanction but have been struggling to make progress.
The risk, however, is that if they are unable to agree a deal with UEFA then they could face even stiffer sanctions from UEFA's club financial control board's adjudicatory panel.
No club is expected to be excluded from the Champions League for breaching the spending limits, the maximum possible sanction.
Both Manchester City and Paris St-Germain are believed to have fallen foul of the FFP rules with sponsorship deals related to each clubs' owners.
Abu Dhabi-owned City have a £40million-a-year deal with Etihad Airways, while Qatar-owned PSG have a back-dated deal with the Qatar Tourist Authority which is worth up to 200 million euro (£165million) a year.
Arsenal manager Arsene Wenger said last week UEFA needs to show it means business over FFP.
Wenger said: "There are rules to apply for the financial fair play. If you don't respect them, you have to apply the rules.
"One of the rules is that normally you should be banned for the excess of the financial amount that is not justified, that is if you are £100million overboard, you should be punished for £100million of your wages bill in the Champions League."
Pure conjecture, as it can't be down to our Etihad sponsorship as this is significantly undervalued compared to other clubs.
Agreed, nothing remotely resembling news in that piece.
Re: City & FFP (continued)
Apologies.
Got it from Newsnow, BT.
Obviously it isn't originally from there.
nmc said:aguero93:20 said:Meh. Presumption and Speculation.Cobwebcat said:
Or leaks from UEFA.
Apologies.
Got it from Newsnow, BT.
Obviously it isn't originally from there.
aguero93:20
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Re: City & FFP (continued)
Edit: also bar '9 clubs' it's basically a reprint.
Referring to the punishment we're apparently getting, see above.nmc said:aguero93:20 said:Meh. Presumption and Speculation.Cobwebcat said:
Or leaks from UEFA.
Edit: also bar '9 clubs' it's basically a reprint.
Rammy Blue
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Re: City & FFP (continued)
That article has been glossed up however I'm sure the sentiment is correct, it's a leak from one of the sides.
That article has been glossed up however I'm sure the sentiment is correct, it's a leak from one of the sides.
Re: City & FFP (continued)
If they abide by their rules, whatever punishment we receive PSG's should be about 4 times more severe. If we get a squad size reduction, wage restrictions and a massive fine, PSG should end up with a 10 man squad, all on minimum wage, and a humungous fine. But there don't seem to be any reports that PSG are holding out. Interesting
aguero93:20 said:I'd say there's bits of truth in there, but squad size restriction, wage restriction and a massive fine?Prestwich_Blue said:Does match what I'm hearing that we ain't playing their game and are prepared to dig in.aguero93:20 said:Meh. Presumption and Speculation.
If they abide by their rules, whatever punishment we receive PSG's should be about 4 times more severe. If we get a squad size reduction, wage restrictions and a massive fine, PSG should end up with a 10 man squad, all on minimum wage, and a humungous fine. But there don't seem to be any reports that PSG are holding out. Interesting
gordondaviesmoustache
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Re: City & FFP (continued)
We may as well be hung for a sheep as well as a lamb.
Spot on. What's the point in trying to play their game if it makes no difference to the outcome?Rammy Blue said:Sounds as if we're off to war. Good. Fuck UEFA, fuck 'em all.
Sheikh Mansour should get rooting behind the sofa, go get Messi and spend a few hundred million in the summer. We've tried to do this the right way and be nice about it, now it's time to show our strength.
We may as well be hung for a sheep as well as a lamb.