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

[Champions2012!]

Re: City & FFP (continued)

No backbone from the board. UEFA will never get off our backs now.

 

[goat boy]

Re: City & FFP (continued)

OK, with all the posts on here its hard to sift through and get accurate details, this is reported by BBC sport and all values in UK £ Pounds to avoid confusion:

1) Fine OF £49m, £32m of which is suspended - We've obviously negotiated this down

2) Can only name a 21-man Champions League squad next season - no mention of a home grown quota which means we can cope no problem with this

3) Can only spend £49m net on players this summer - Don't think a problem, could see us getting about £15m-20m for players sold, so say up to £70m to spend. Mangala and Fernando (approx £40m), Sagna (Free),

4) Wage bill for 2014-15 must stay the same as this season - I think our wage bill was actually going to be less next season anyway

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

I'm not sure honestly the UEFA squad limitations will be lifted as part of the punishment. Either way, I'm sure we'll cope fine.

Has anyone any reason to believe that uefa will impose anything but the worst. 4 + 4 will still apply. Oh well. I do think greeny needs another look at micah.

 

[prestonibbo_mcfc]

Re: City & FFP (continued)

And the team of ex-Deloitte members who were hired should be sacked immediately.

Why would this be. They weren't to know Uefa had moved the goalposts re players wages pre 2010.

 

[grim up north]

Re: City & FFP (continued)

Some spectacular over reaction as per

 

[Hamann Pineapple]

Re: City & FFP (continued)

PSG's

<a class="postlink" href="http://www.uefa.org/MultimediaFiles/Download/OfficialDocument/uefaorg/ClubFinancialControl/02/10/68/99/2106899_DOWNLOAD.pdf" onclick="window.open(this.href);return false;">http://www.uefa.org/MultimediaFiles/Dow ... WNLOAD.pdf</a>

 

[CitizenTID]

Re: City & FFP (continued)

Can anyone clear up the thing about us not being able to up our current sponsorship deals as SSN first reported? WHY? That's a clear attack on our club as it's contrary to the reasons for FFP (to only spend what you earn)

 

[jrb]

Re: City & FFP (continued)

Red Café in meltdown!

The thick Rag f***er's, along with Arsenal fans were desperate for UEFA to hammer us.

It's now dawning on them that we've come out of this pretty well.

 

[ElanJo]

Re: City & FFP (continued)

"You might feel a slight sting. That's pride fucking with you. Well, fuck pride. It never helps. You fight though that shit".

Yeh, the bitter cunts have had us over, but given the unpredictability of the courts and the potential doomsday scenario of Chimps League exclusion that could have come our way, I don't reckon those sanctions are gonna put too much of a dent in our plans. The only pisser for me is that we might not be able to afford Ross Barkley this summer.

I might need PB's help here, but just to confirm, am I right in thinking.....

1. We lose 10m of last season's Chimps League money
2. We lose 10m of next season's Chimps League money
3. 30m of the 50m fine is suspended (pending what PB? Compliance with FFP next year, or the year after that as well?)
4. We can still spend 60m on transfers this summer
5. Our 21 player Chimps League player limit, does not include a caveat stating we must still have 8 home growners in it.
6. We are not allowed new sponsorship deals next year?
7. Candlepool, Arseholenal and the rags can still lobby for our punishment to be increased.

All in all, could have been a fuck sight worse. Qualifying for the Chimps League again next year was the short term Holy Grail, and that goal shouldn't really be affected by this punishment. We've had a bit of a contretemps in the showers and our collective arses probably sting a bit, but given that we could have been fucked senseless by the whole of E wing without the benefit of a bar of soap, I can live with it......

4. 60m euros (£49m) NET. Eg. If we bring in £20m in sales we can spend £69m
6. We're not allowed to increase existing deals - this is BS if PSG's deal is higher than ours

 

[Sky Blue]

Re: City & FFP (continued)

No backbone from the board

Simplistic shite.....leave this thread to the grown ups.

 

[ElanJo]

Re: City & FFP (continued)

PSG's

<a class="postlink" href="http://www.uefa.org/MultimediaFiles/Download/OfficialDocument/uefaorg/ClubFinancialControl/02/10/68/99/2106899_DOWNLOAD.pdf" onclick="window.open(this.href);return false;">http://www.uefa.org/MultimediaFiles/Dow ... WNLOAD.pdf</a>

No doubt intentional. Treating us like PSG...