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

[Anonymous]

Re: City & FFP (continued)

What happens if we lose in court?

Manchester overtakes Liverpool as the Worlds biggest market for candle sales.

Tallow, Tallow, we are the City boys...

 

[aguero93:20]

Re: City & FFP (continued)

William Hill Betting ‏@WillHillBet · 20m
UEFA fine Man City £50m & restrict Champions League squad to 21 players. Still, that's 21 more than #MUFC will have in the #UCL

 

[without a dream]

Re: City & FFP (continued)

Fucking too right it is.

Still thin UEFA know what they are doing here and that we will get it thrown out of court and they can then go to the rags etc and say we tried blah blah blah.

Im just not even remotely worried by this.

But if this gets thrown out in the courts then that's FFP dead, a complete non entity. I can't see UEFA being happy with that. I really don't understand what UEFA are doing here, they must have known that City weren't going to accept a punishment of this magnitude. That opens it up to the "panel" who no doubt will be UEFA lackys who will just rubber stamp the original punishment, and then CAS. UEFA have a terrible record at CAS and lose far more often than they win.

I can only assume this is shear arrogance from UEFA, they seem to be the only ones who actually believe their regulations would stand up to any form of professional critique.

It's either sheer arrogance or they're playing a very risky game, if they risk going to court and the G14 losing influence over this, they also risk being ruled a Cartel and shut down completely, the EU have been fairly bloodthirsty with structural reforms since the Lisbon Treaty and could see this as a chance to get rid of a large body in Europe and have their own people in instead, it's what I would do in their position.
Regards the third party IP sale, if we're refusing to reveal the details until a later date, UEFA must know how much shit they'll be in if it turns out to be completely legitimate and they've used it as a basis to hit us with heavy sanctions, we have a right to keep it under wraps, they'll be the ones in the wrong if they rule it to be illegitimate with no viable evidence to prove their position.

The good news with all of this is we seem to have a lot of Legal and Commercial bodies taking our side or viewing the whole affair as insignificant.

Particularly given that UEFA and it's vast revenues are based outside of the EU...

 

[aguero93:20]

Re: City & FFP (continued)

But if this gets thrown out in the courts then that's FFP dead, a complete non entity. I can't see UEFA being happy with that. I really don't understand what UEFA are doing here, they must have known that City weren't going to accept a punishment of this magnitude. That opens it up to the "panel" who no doubt will be UEFA lackys who will just rubber stamp the original punishment, and then CAS. UEFA have a terrible record at CAS and lose far more often than they win.

I can only assume this is shear arrogance from UEFA, they seem to be the only ones who actually believe their regulations would stand up to any form of professional critique.

It's either sheer arrogance or they're playing a very risky game, if they risk going to court and the G14 losing influence over this, they also risk being ruled a Cartel and shut down completely, the EU have been fairly bloodthirsty with structural reforms since the Lisbon Treaty and could see this as a chance to get rid of a large body in Europe and have their own people in instead, it's what I would do in their position.
Regards the third party IP sale, if we're refusing to reveal the details until a later date, UEFA must know how much shit they'll be in if it turns out to be completely legitimate and they've used it as a basis to hit us with heavy sanctions, we have a right to keep it under wraps, they'll be the ones in the wrong if they rule it to be illegitimate with no viable evidence to prove their position.

The good news with all of this is we seem to have a lot of Legal and Commercial bodies taking our side or viewing the whole affair as insignificant.

Particularly given that UEFA and it's vast revenues are based outside of the EU...

Switzerland is in the EU, just not in the single-currency area, same status as the UK.

 

[Chippy_boy]

Re: City & FFP (continued)

@OliverKayTimes · 2h

About to get very ugly between #MCFC and Uefa re FFP. City so far rejecting proposed €60m fine (over 3 yrs) & reduction of Champs Lge squad

Yeah, course, another fucking blagger ^^^^^

Bit like me saying it's about to get ugly, 'Tolmie willing to fight against having his member cut off with a rusty hacksaw'.

Nobody of any note, gives ANYTHING away for free on Twitter.

City are keeping their own counsel.

Tolm,
Do you really think UEFA want someone (us) to take FFP to a court ruling to get it bottomed out?

Could they really be looking for an out so they can ditch the whole thing?

Are we complicit in this?

No that's a ridiculous idea. Had they wanted to get rid of it they could have just told whoever it is who has pressed them into it that it won't stand up in court and that the rules as drafted cannot be introduced. Why go through all this pantomime, the upshot of which would be them all looking like complete twats. No-one would plan to do that, would they.

 

[Matty]

Re: City & FFP (continued)

Lazio get fined £32,000 for racism & we get fined £50m for not balancing the books.
Uefa are a joke.

In fact we DID balance the books, we just did so via perfectly legal methods that UEFA don't happen to like.

 

[Balti]

Re: City & FFP (continued)

Lazio get fined £32,000 for racism & we get fined £50m for not balancing the books.
Uefa are a joke.

our books are balanced

we are debt free

UEFA on the other hand are clearly debt-promoting wankers

 

[without a dream]

Re: City & FFP (continued)

It's either sheer arrogance or they're playing a very risky game, if they risk going to court and the G14 losing influence over this, they also risk being ruled a Cartel and shut down completely, the EU have been fairly bloodthirsty with structural reforms since the Lisbon Treaty and could see this as a chance to get rid of a large body in Europe and have their own people in instead, it's what I would do in their position.
Regards the third party IP sale, if we're refusing to reveal the details until a later date, UEFA must know how much shit they'll be in if it turns out to be completely legitimate and they've used it as a basis to hit us with heavy sanctions, we have a right to keep it under wraps, they'll be the ones in the wrong if they rule it to be illegitimate with no viable evidence to prove their position.

The good news with all of this is we seem to have a lot of Legal and Commercial bodies taking our side or viewing the whole affair as insignificant.

Particularly given that UEFA and it's vast revenues are based outside of the EU...

Switzerland is in the EU, just not in the single-currency area, same status as the UK.

They're not a member state AFAIK.

 

[SJT]

Re: City & FFP (continued)

Having a larger population to draw on - is unfair

Charging ludicrous ticket prices - is unfair.

Cherry picking just the wealthy teams - is unfair.

Why Now... why Now? Utd have been spending millions for Years - we'll fight till they end!

 

[citysince88]

Re: City & FFP (continued)

That Rumsby bloke is about to go on talksport.............. should be fun.