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

[Blue Shield]

Re: City & FFP (continued)

Has anyone pointed out to UEFA what a bunch of cunts they look giving us a fine of 50 million equal to roughly a spare Aguero, silva or toure. Or 25000 cases of racial abuse?
Also if a club actually spent money which their owners could not cover and were fined 50million isn't that basically a ticket into bankruptcy, which the whole point of FFP was to avoid?

 

[aguero93:20]

Re: City & FFP (continued)

this isn't just about us. it would be very bad indeed for football clubs in general, in my opinion, if MCFC accept a fine in the tens of millions.

an organization as bent as UEFA that gives itself license to reach into the pocket of a man like our Sheikh Mansour can not be legitimized by our allowing it... or else UEFA will never stop looking for their next shakedown (or is that Sheikhdown?) victim. just as governments grow addicted to taxation revenues and will never seek to lower them, UEFA will view this FFP fine system as a new revenue stream and this will become an annual occurrence levied upon teams outside of the traditional "inner circle".

25k for racist chanting vs. potentially 50M for breaking rules that changed midway through our complying with them?

an owner who invested maybe over a Billion of his own money to elevate a perennial also-ran and economically revitalize that area as well as the competition within that league vs. owners who steal from their club via debt financing as well as the massive interest charges that come with it?

City must not only stare UEFA down without blinking, it must threaten to hit back in a way that would fundamentally FTSU. and not just for our own good, but for football at large.

I like this pun. :)

 

[dom]

Re: City & FFP (continued)

I assume that we'll be challenging this in the courts

 

[john@staustell]

Re: City & FFP (continued)

He wasn't being serious, was he?

He had a serious lack of puns in his post.

I set up another ID on here last summer purely for the purposes of harmless (and admittedly shit) puns. During my 5 initial posts as a 'new' user the mods spotted my shit puns and sadly the username 'Pun Aguero' received a life-time perma-ban. I appealed to the admin, but to no avail - let that be a warning to any of you who think puns are harmless.
!

It's a real concern - the puns over-ran Europe once.



......or was that the huns?

 

[MSP]

Re: City & FFP (continued)

50 fucking million?

We should tell them to fuck right off.

 

[gordondaviesmoustache]

Re: City & FFP (continued)

this isn't just about us. it would be very bad indeed for football clubs in general, in my opinion, if MCFC accept a fine in the tens of millions.

an organization as bent as UEFA that gives itself license to reach into the pocket of a man like our Sheikh Mansour can not be legitimized by our allowing it... or else UEFA will never stop looking for their next shakedown (or is that Sheikhdown?) victim. just as governments grow addicted to taxation revenues and will never seek to lower them, UEFA will view this FFP fine system as a new revenue stream and this will become an annual occurrence levied upon teams outside of the traditional "inner circle".

25k for racist chanting vs. potentially 50M for breaking rules that changed midway through our complying with them?

an owner who invested maybe over a Billion of his own money to elevate a perennial also-ran and economically revitalize that area as well as the competition within that league vs. owners who steal from their club via debt financing as well as the massive interest charges that come with it?

City must not only stare UEFA down without blinking, it must threaten to hit back in a way that would fundamentally FTSU. and not just for our own good, but for football at large.

I like this pun. :)

Careful, or you might be in the spotlight.

 

[Balti]

Re: City & FFP (continued)

Has anyone pointed out to UEFA what a bunch of cunts they look giving us a fine of 50 million equal to roughly a spare Aguero, silva or toure. Or 25000 cases of racial abuse?
Also if a club actually spent money which their owners could not cover and were fined 50million isn't that basically a ticket into bankruptcy, which the whole point of FFP was to avoid?

the whole point was apparently to encourage debt and protect the cartel

nothing else

 

[Citizen of Legoland]

Re: City & FFP (continued)

this isn't just about us. it would be very bad indeed for football clubs in general, in my opinion, if MCFC accept a fine in the tens of millions.

an organization as bent as UEFA that gives itself license to reach into the pocket of a man like our Sheikh Mansour can not be legitimized by our allowing it... or else UEFA will never stop looking for their next shakedown (or is that Sheikhdown?) victim. just as governments grow addicted to taxation revenues and will never seek to lower them, UEFA will view this FFP fine system as a new revenue stream and this will become an annual occurrence levied upon teams outside of the traditional "inner circle".

25k for racist chanting vs. potentially 50M for breaking rules that changed midway through our complying with them?

an owner who invested maybe over a Billion of his own money to elevate a perennial also-ran and economically revitalize that area as well as the competition within that league vs. owners who steal from their club via debt financing as well as the massive interest charges that come with it?

City must not only stare UEFA down without blinking, it must threaten to hit back in a way that would fundamentally FTSU. and not just for our own good, but for football at large.

I like this pun. :)

Certainly agree with you there. The punishments are too punitive for me.

 

[JoeMercer'sWay]

Re: City & FFP (continued)

Feel sick to me bollocks that I'm being asked to try and get my head around this lawyer/accountancy stuff. Did they ever make an effort to convince people that it's not just about preventing competition?

I can understand your competition being a bit miffed, but from my lowly point of view it would be great to have a few more situations like yours, especially being handled as well as yours. Big investment in youth academies - creating jobs, brightening up parts of the country in general and just might improve our chances of a World Cup win. Magic!

if you're Hartlepool, how's James Poole getting on?

 

[aguero93:20]

Re: City & FFP (continued)

Am I right in thinking that our latest financial figures that was released, the one with the so called highest wage bill in sport, included the wages of Mancini, Tevez, Barry, Kolo and Lescott?

If so even if we were to go out and sign Mangala, Fernando and Sagna and another, our wage bill will still have decreased. There is no way Uefa could put a certain salary cap on us, unless it was to say we could not go over our current wage bill and they would even struggle to do that. Therefore I cannot see FFP hindering our summer transfers.

Also, just say the people in charge decide to accept the fine, would there be a rule in place that would mean that the fine would not count against next years FFP figures?

Because Uefa would not have a leg to stand on in a court of law if they fined us and that fine meant we would fail next year.

All the 'speculation', because that's all it is, states that the club's owner can pay the fine directly and it won't affect the club for future FFP assessment.