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

[willipp]

Re: City & FFP (continued)

So Uefa withhold 10 million euros out of this years CL money, that's definite. Squad reduction for CL to 21, no increase in wages and limit of 60 mil on transfers this season plus anything we generate from sales.

If we pass next year what happens? Does all this go away? or do we face further sanctions because of this fail?

 

[Pam]

Re: City & FFP (continued)

Fucking hell, calm down, people.

 

[Big Dave Watson]

Re: City & FFP (continued)

If that equates to £9 Million

Not even a fine, just withheld prize money for playing in chimps league, we don't have to write a cheque for it. 10m out of this years and 10m out of next years

but presumably then the £10M each year hits our FFP calculations as it is £10M revenue which we should have received each year but now will not?

Good point.

 

[yamcha]

Re: City & FFP (continued)

If that equates to £9 Million

Not even a fine, just withheld prize money for playing in chimps league, we don't have to write a cheque for it. 10m out of this years and 10m out of next years

but presumably then the £10M each year hits our FFP calculations as it is £10M revenue which we should have received each year but now will not?

It is £8 million. Literally peanuts.

 

[GornikDaze]

Re: City & FFP (continued)

From the OS...

As a result of these considerations and the fact that the Club is now break even in in its operations, the Club has decided to enter into a compromise agreement with UEFA with the following practical outcomes:

Is this not particularly good English or have I had too much to drink (again?!)

 

[sam-caddick]

Re: City & FFP (continued)

Time to announce the Nissan deal...

What Nissan deal mate?

 

[TrueBlue1705]

Re: City & FFP (continued)

Some of you daft fuckers need to get a grip of the situation and read the Clubs Response on the OS,of which this is the defining point to all the negative shit being banded about :

The nature of conditions that will result in the lifting of sanctions means that the Club expects to be operating without sanction or restriction at the commencement of the 2015-16 season.

Importantly all non-financial sanctions agreed to would have been complied with as a natural course of the Club’s planned business operations.

Oh well if the club say we will be operating 'normally' 2015-16 then of course that will happen. Its not likely UEFA have singled us out for extra punishment. They also said they were confident of passing FFP and actually we've just had the bleedin book thrown at us so people are entitled to be a little nervous about any official club statements ...

 

[willipp]

Re: City & FFP (continued)

Major result in the grand scheme of things

We should have 70/80m to throw at the transfer market which is actually more than we'll need

Fernando and mangala 40m combined, Sagna a free, leaves 40m for 2 over priced home growns

The squad of last year would win the league again as it stands, with those replacements we are stand out favs

City have allowed Uefa the moral high ground and all in all will pay 20m over the next 2 years..... Game on

NB: this is obviously why messi has opted to sign a new contract (:

Haha, I just thought the exact same thing. He wanted to come, but shit happens.

 

[Tim of the Oak]

Re: City & FFP (continued)

The most relieved man tonight is Daniel Sturridge!!

Surely the chant of, "There's only one greedy bastard" can't survive UEFA's grand larceny.

 

[BringBackSwales]

Re: City & FFP (continued)

Some of you daft fuckers need to get a grip of the situation and read the Clubs Response on the OS,of which this is the defining point to all the negative shit being banded about :

The nature of conditions that will result in the lifting of sanctions means that the Club expects to be operating without sanction or restriction at the commencement of the 2015-16 season.

Importantly all non-financial sanctions agreed to would have been complied with as a natural course of the Club’s planned business operations.

my only concern Oakie is that what City expects and what uefa expects are likely to be very different, its not over yet