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

[Chippy_boy]

Re: City & FFP (continued)

Question.

Can anyone tell me or show me where PSG's tourism deal with the Qataris has been devalued by UEFA to 100mill Euros, from 200mill Euros, after negotiations
Thanks.

I can probably show you a shedfull of speculation about it but just like our 'punishment' there's been no official announcement whatsoever.

What we do know for a fact is that whatever they have "offered" us, can't be that great or we would have accepted it and we haven't. They've had to give us another week, so whatever it is, is presumably much worse than we were expecting.

 

[Pam]

Re: City & FFP (continued)

I am hoping that by 5pm or thereabouts this Sunday, we will all be watching a trophy presentation and no bastard will care about this for a few days thereafter.

 

[Damocles]

Re: City & FFP (continued)

Just been discussing this with lads at work and one of em just said "why don't City, PSG play the reserves in Chump league. Stick 2 fingers up at UEFA then get together with United, AC Milan, and all other big European sides who haven't got other European commitments and play go a massively sponsored tournament playing all around Europe and Asia with a winning pot of £150 million or whatever. They could get al jezeera or even BT etc...in to screen the games live. If this happened UEFA would shit themselves.

Because a few midweek meaningless friendlies around the world will drain the squad and won't raise that much money. Would be no different to those little tournaments we enter in the summer.

Unless you had Real Madrid, Barca, Munich on board this 'breakaway' idea is a non starter.

Those friendlies abroad raised £2m!

 

[Lancet Fluke]

Re: City & FFP (continued)

Just been discussing this with lads at work and one of em just said "why don't City, PSG play the reserves in Chump league. Stick 2 fingers up at UEFA then get together with United, AC Milan, and all other big European sides who haven't got other European commitments and play go a massively sponsored tournament playing all around Europe and Asia with a winning pot of £150 million or whatever. They could get al jezeera or even BT etc...in to screen the games live. If this happened UEFA would shit themselves.

Because a few midweek meaningless friendlies around the world will drain the squad and won't raise that much money. Would be no different to those little tournaments we enter in the summer.

Unless you had Real Madrid, Barca, Munich on board this 'breakaway' idea is a non starter.

And I'm not convinced that clubs like united and Bayern would be up for starting a breakaway competition with us and PSG when they are the twats that forced UEFA to bring this shit in to try to stop us in the first place. If united do ever try to start anything like that, I think we can assume they would do everything they could to make sure we weren't allowed to play with their ball. The pathetic bastards that they are.

 

[i8therags]

Re: City & FFP (continued)

I am hoping that by 5pm or thereabouts this Sunday, we will all be watching a trophy presentation and no bastard will care about this for a few days thereafter.

And a double one at that. What an achievement in pelers first season. With restricted spending.

 

[Cobwebcat]

Re: City & FFP (continued)

This all day long

Perhaps that was UEFA's game all along with this fine ?

Bit like that scene out of 'Stir Crazy' when they are in Court and told they've been sentenced to 125 years in prison and are physically shaking and crying but their brief then tells them in real terms they'll end up serving just 35 years with good behaviour and they walk out sighing with relief ?

The bigger the 'fine' the more attractive a substantial compromise will appear.

The whole idea of financial penalties for failing to sufficiently bring down spending is anyway ridiculous. The £50 million fine would mean we end up with a deficit of £50 million next year given we projected that we would break even. We would then get hit with another fine. If the concept of FFP was to avoid Portsmouths and Leeds Uniteds then why would you financially cripple a team if they fail to comply ?

You can see Arsenal will be the ones appealing any reduction in our sentence as well. Wenger is already talking the talk.

I'm sick of reading this, so let's put it to bed
A respected journalist has confirmed with UEFA how this fine would work, is it taken away from future income making break even more difficult

It was confirmed by UEFA that the fine is a stand alone punishment and will not be taken off income.

Clear as mud!

 

[Chippy_boy]

Re: City & FFP (continued)

If the Sheikh pays the FFP fine as additional funding it is written of as an FFP item - it does not hang over us for the following seasons. Only if the fine is taken from revenues will it hang over us.

Kind of misses the point though, doesn't it. And that in itself cuts to the core of how corrupt FFP is at its heart.

As posted a page or two back, for most clubs, balancing the books is a real issue. Not a made-up farcical exercise about some FFP break-even result. It's about trying to not go bust whilst at the same time spending enough to compete. How is a £50m fine going to help clubs like that??? It's real money that they would not have. Are UEFA going to be consistent and hand out the same £50m fine when a smaller club without a bilionaire backing it fails the FFP requirement like we have? That could put that club into administration.

It's been dished out to us in yet another "let's make it up as we go along" ruling from UEFA (alongside their "let's not ban Liverpool somehow" also made up along the way ruling.)

 

[our tommy]

Re: City & FFP (continued)

Apparently MCFC are much less stressed about the situation than the headlines imply. That of course does not mean they are not threatening legal action.

 

[Ifwecouldjust.......]

Re: City & FFP (continued)

Question.

Can anyone tell me or show me where PSG's tourism deal with the Qataris has been devalued by UEFA to 100mill Euros, from 200mill Euros, after negotiations
Thanks.

I can probably show you a shedfull of speculation about it but just like our 'punishment' there's been no official announcement whatsoever.

In the press this morning that PSG have 'done a deal' with UEFA which will be kept 'confidential'


this stinks...........

 

[MSP]

Re: City & FFP (continued)

Surprised how many other clubs fans are sticking up for us. Just goes to show how obviously corrupt uefa is, just like fifa. Still can't believe they can fine us 50 million the cheeky bastards, that's if it is of course true. What I don't like is this being released to the media so all the clueless fans around the country will now be piping up how we're ruining football, Arabs toy etc. If it is true then uefa are more classless than I thought, should never release stuff like this until an agreement is met.

Fox Soccer news article popped up in my Facebook stream, lot of bitter Liverpool fans angry that UEFA did not reduce points for us in Premier League, hahahha but lot of people sticking for us. Some worldwide City fans, some mad because Barcelona's appeal with FIFA was success.