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

[aguero93:20]

Re: City & FFP (continued)

UEFA are trying to punish us as they say we've failed.

We don't believe we've failed at all.

However the process UEFA have in place has no element within it to challenge the decision on FFP, all we can do is challenge the punishment they are trying to apply.

.

Dodgy in it's own right.
UEFA apparently 'taking another look at the books' today, are they starting to back down?

I wonder what they will achieve in one day taking a last, quick look at the books of a big organisation? Did they not look at the books thoroughly in the first place and is the implication that they think they have missed something crucial during their original exhaustive checks? They are utter fucking jokers.

They could achieve absolutely nothing but admit they were negligible originally.
Fuck it, we'll find out soon enough, where's the popcorn? :D

 

[welsh_andy]

Re: City & FFP (continued)

UEFA are trying to punish us as they say we've failed.

We don't believe we've failed at all.

However the process UEFA have in place has no element within it to challenge the decision on FFP, all we can do is challenge the punishment they are trying to apply.

they obviously taking a look as we are going to fight them, they are scared that if it goes all way to court the whole ffp will be thrown out

 

[avoidconfusion]

Re: City & FFP (continued)

Doesn't Platini's son in law work for PSG as well or something?

 

[Well Wisher]

Re: City & FFP (continued)

Can anyone guesstimate your total season's income for me, please? TV money, league placings, Etihad deal, shirts, pies...

I just want to marvel at the number, and get a little context on this supposed £50m overspend.

 

[Lancet Fluke]

Re: City & FFP (continued)

Take them to court is the best option. It would be brilliant if we got one over uefa. MCFC ruining uefa since 2008. This could end very messy.

IMO if we really do take this to the proper law courts after going through the shitty Sport Arbitration bollocks, it'll surely be blown away and then I'd expect Gill to jump ship at UEFA like the fucking rat he is and he and his dispicable rag cronies will start scheming to create a break away European competition.

 

[dctid]

Re: City & FFP (continued)

Has actually the 50M figure been confirmed or is it still an assumption?

 

[aguero93:20]

Re: City & FFP (continued)

Can anyone guesstimate your total season's income for me, please? TV money, league placings, Etihad deal, shirts, pies...

I just want to marvel at the number, and get a little context on this supposed £50m overspend.

Last year around e327m, this season around e405m.

 

[Henkeman]

Re: City & FFP (continued)

Doesn't Platini's son in law work for PSG as well or something?

Not any more. He works for Burdda as their Chief Executive. Burdda is owned by QSI....

 

[Chippy_boy]

Re: City & FFP (continued)

my question is that if uefa are so confident over this, then why do they offer to negotiate rather than just enforcing a punishment

Because they don't want to go to court, they want all the clubs to accept the new rules and play ball.

exactly and this is my point, they are not 100% they can win this in court, hence offer to negotiate,

No-one wants a court battle mate. It's cheap words on here to say sue the bastards, but we (fans) aren't the ones paying the legal fees which could run into 10's of millions in extremis. And apart from that, it's not a very edifying prospect for City, UEFA or football in general to have a bitter court battle played out in public. It's also an enormous drain on Exec's time and resources trying to fight a legal battle and run a business at the same time. No-one wants it.

Much better all around to settle,

The problem is, we will not want to accept anything ridiculous (obviously) and certainly nothing that will materially hurt us financially or in the competition going forward. And neither will we want to accept anything that leaves us open to the same mess happening again next year and the year after that.

On the other hand, UEFA have Gill and Rummenigge et al bending their ear all the time and need to appease them in some way.

I suspect the upshot of all of this will be a last minute compromise with VERY much reduced penalties that enable UEFA to save face, and us to walk away largely unscathed. UEFA will probably say that a further review of our accounts, and more detailed explanantions from City have satisfied them that we are close to compliance and on track to comply. £10m fine and squad reduction suspended pending some future criterion that we can easily meet. Something like that. We'd almost certainly accept that given the fact we'd easily piss that away on legal fees with no guarantee of winning.

 

[andrewmswift]

Re: City & FFP (continued)

if we do win the title, i'd love to see UEFA try to ban us from the CL next year. fucking hilarious