There is a lot of lawyer pretty talk way of disclosing information in the statement. My understading is as follows:
MCFC will lose 10m Euros of its share of income from UEFA for competing in the Champions League completion in season 2013-14. - 10 million
MCFC will lose 10m Euros of its share of income from UEFA for competing in the Champions League for season 2014-15 - 10 million
Rather than having an accumulative allowance of 30m Euros of losses over the next two reporting years(like all other clubs), MCFC will have specific stipulated allowances for 2013-14 and 2014-15 of 20m Euros and 10m Euros respectively. Significantly ,MCFC plans to be profitable in 2014-15 and in the years that follow.- ---- 10million (for 2013-2014) and 20million (for 2014-2015)
Total Payment 2013-2015 50 million
My opinion is that this is a statement of concession under the guise of a so called compromise and mutual agreement. We are going to pay UEFA, the corrupt, disgusting, Don Fannucci esque bullies and schemers all those moneyzzzz , £50 million of them. Although the 30 million for allowances is subject to turn over in the 2013-2014 and 2014-2015 seasons. So you may say that it is only £20 million but I think it is the £50 million and we are just sugar coating it.
I always say that perception is not everything but it is something in certain situations and in this case perception is absolutely key. The media, other fans and institutions will have the indolence and disregard born out of hatred for City to actually take this as face value. They will take this as Manchester City admitting that the have broken the rules and by doing so hunted down and made to pay and unfortunately, that is the reality of this agreement.
Some people say that in years time when we are winning trophies, this day will be naught but a slap on the wrist. I've got to tell you that I think different and I see things completely different. This is what is going to happen- 7 years from now, perhaps if another club is in our current situation, how will city be referred. They will say ,, ''7 years ago City broke the rules, cheated and had to submit, and accept their wrongs and pay their fines. If we can punish City when they broke the rules, we can certainly punish you''. That is what UEFA and media will be saying in years to come. They have got what they want, they have made us their little female dogs (insert one word equivalent) and this will be etched in the history books.
Compromise is nonsense. Perception and principle is much more important than anything else, even though the consequence may seem severe, even if we have to fight this out in the courts or banned (which was going to be difficult if the former action is taken), the only avenue to attain respect, to grasp redemption is to FIGHT THIS OUT!!!!, that was the only way. .....today is not a good day for the club and I am not happy with this course of action by the club. If I am the only one that thinks this way then so be it.
This was the opportunity to fight and expose the greedy elitist cult of clubs but we seemed to have allowed UEFA to continue to reign supreme. I have said it many times in this forum that the scariest word, the word that makes me really worried and terrified is ''precedence''. I despise and dread that word as once the line is crossed there is no going back.
I will also say this again, we have done nothing wrong. You cannot penalize an institution for investment, you penalize and regulate for debt and Manchester City is a debt free instituition so FFP or other administrative code of ethics or rules does not and should not apply to the club.
