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

[CitizenTID]

Re: City & FFP (continued)

By accepting this aren't we leaving ourselves wide open against these appeals for harder sanctions as we can't settle again can we?

 

[jimbo101]

Re: City & FFP (continued)

All this crap about needing 8 homegrown players.
Of you had none, you could still name a squad of 17 in normal circumstances.

Squad restrictions can't come solely off the non homegrown side, surely.

 

[moomba]

Re: City & FFP (continued)

Bit disappointed to be honest.

It's fine saying we believe we've complied, but by accepting a pretty huge and unprecedented punishment we've just made a pretty big statement to the opposite effect.

 

[TrueBlue1705]

Re: City & FFP (continued)

The thing which is pissing me off the most is that accepting this makes us look guilty of wrongdoing, others will call it financial doping and cheating. That doesn't sit well with me.
We know we've done nothing wrong, but the history books will show otherwise.

Agreed and if we take this, the G14 and Gill will think they can move the goalposts again. I don't see anything but trouble for us. Gill and the Chelsea chairman already appear to be posturing to get key control of the Premier League decision makiing process and that could spell even more trouble for us ...

 

[Matty]

Re: City & FFP (continued)

Our official statement, when summarised, basically says:-

1 - We believe we complied with FFP.

2 - We believe UEFA haven't acted transparently, and have been deceitful and prejudiced against us.

3 - Ideally we'd rip UEFA and FFP to pieces in the courts, but that would impact and reflect badly on our partners and sponsors.

4 - We'll accept the punishment, but ultimately most of it doesn't really affect our plans or the way the club will be run.

 

[kinkyafro66]

Re: City & FFP (continued)

http://www.bbc.co.uk/sport/0/football/27445475

 

[CityForever45]

Re: City & FFP (continued)

For what i understand from the club's statement, we can only spend 60 millions of euros this summer, right ?

 

[CorporateBlue]

Re: City & FFP (continued)

A compromise on both sides ..

City agree not to get the big legal guns out, UEFA agree to the master etihad deal, and a gesture of limited spending (which is still mote than all bar a couple of clubs this summer), with a suspended fine repayable if we keep our word on next 2 years profit.

The under currents have already been mentioned on here;
- city don't believe UEFA have been above board, and have changed their stance under pressure from cry-baby 'establishment' such as 'no Europe' UTD and 'tax dodging' Bayern
- city's financial position is far better in current year than anyone outside the club thinks, so we know we will pass the tests easily going forward

Summary
It's a speedbump on our way to utter domination, led by the smartest, best resourced people in the game.
In 12 months, with another league title under our belts, and revenue about to overtake the rags, we will wonder what all the fuss was about
Enjoy watching our superstars at the World Cup

 

[cucumberman]

Re: City & FFP (continued)

The mind boggles.

so if we didnt wipe off our debt but instead used that money to spend on players, we would be safe like the several other clubs running on big debts?

so it is better to run a club into debt than to pay off the debt first?

ffp should also warrant other clubs to follow our business model in wiping off total debt. let us see how many clubs can pass the ffp then.

 

[jrb]

Re: City & FFP (continued)

Never mind Gill.

Now f*** off and take Arsenal and Wenger with you.