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

[Anonymous]

Re: City & FFP (continued)

It's feels like your mum has gone round to the scum bag next door to say sorry and pay up for a window you didn't break but they say you did.

You were ready to argue the toss but she would rather not have the grief of having your house arsened ( no pun intended) .

Any how she knows they will be evicted this time next year

You feel bad about it but get the reason why she did it.

Thing is my mum would have stuck up for me.

Maybe but you'd be homeless, possession less and she's have two black eyes and a broken rib was that worth €50

You've obviously not met my mum! :)

 

[Tim of the Oak]

Re: City & FFP (continued)

We now have to take our medicine and move on. The things that will further improve our great prospects include:

(A) growing our season ticket waiting list as quickly as possible so that we can extend both stands. I plan to add r kid to the waiting list in the morning.

(B) step up the promotion of our community activities, both to reinforce our social responsibility and to give potential sponsors confidence that we should be their football club too.

(C) get serious about preparing our most promising EDS players for some first team games next season. Thus helping to balance the books and outflanking the "City just buy everything" losers.

The future is Blue. The City Years continue!!

 

[Blackcrowes]

Re: City & FFP (continued)

I have not read the threat but - despite the injustice of this

It will make winning all the trophies next season all the more satisfying

Keep the faith

 

[Ducado]

Re: City & FFP (continued)

Explains it all

<a class="postlink" href="http://www.ontargetfootball.com/2014/05/how-will-uefas-financial-fair-play.html" onclick="window.open(this.href);return false;">http://www.ontargetfootball.com/2014/05 ... -play.html</a>

 

[Balti]

Re: City & FFP (continued)

We now have to take our medicine and move on. The things that will further improve our great prospects include:

(A) growing our season ticket waiting list as quickly as possible so that we can extend both stands. I plan to add r kid to the waiting list in the morning.

(B) step up the promotion of our community activities, both to reinforce our social responsibility and to give potential sponsors confidence that we should be their football club too.

(C) get serious about preparing our most promising EDS players for some first team games next season. Thus helping to balance the books and outflanking the "City just buy everything" losers.

The future is Blue. The City Years continue!!

the city years have already been here for a fucking long time pal

 

[ElanJo]

Re: City & FFP (continued)

We've already got ouR targets. See Ferran Soriano interview.

Progression through the CL is about the luck of the draw, as much as anything else. We will still have 13 1st players available. The rumour was £50mill. It's down to £20mill over 2 seasons. The new BT CL sponsorship deals starts in 2015. Easy!

Absolutely this. What the fuck are people moaning about ? People keep going on about us signing these 'top' players.

Ffs, we just won the league & have been targeting certain players since Christmas. That didn't include Ronaldo, it was centre backs, def mids & maybe Sagna, plus the odd kid. Sheikh Mansour doesn't want to spend 100 fucking mil on players every year.

We are in line to sign exactly who we want.

Would it not have been good to get Isco if we wanted to? Or Fabregas perhaps? And we can forget any dreams of Messi or other galacticos for the forseeable future. Not sure how realistic that was anyway. But now we have a situation where other clubs with greater worldwide revenues - scum, real, barca, bayern etc - could spend more than us on transfers and wages. Now we are burdened even further. They can spend even more than us than previously, and they don't have squad restrictions either.

There is no way to dress this up as anything other than a kick in the teeth. Will we live? Yes. But it's still a kick in the teeth.

We will have just as much money as the others to spend. Our revenue is over 400m Euros and growing. Our wages will be around 50-60% of income.

We have Soriano.

 

[Prestwich_Blue]

Re: City & FFP (continued)

It seems clearer what has transpired now and why we were upset with UEFA. We had been working on the basis of being able to exclude £80m of player wages in order to comply. That figure always looked high to me but Kieran Connor (aka Swiss Ramble) told me that UEFA had clarified the pre-2010 wages figure by saying that although FFP says that renegotiated contracts were not included, we could exclude any wages paid under those renegotiated contracts in 2011/12 that we would have paid under the old contract.

As an example, if we paid Player A £70k a week and renegotiated that up to £90k a week on or after June 1st 2010, we could still exclude the £70k. The statement seems to imply that they have back-tracked on that, hence we aren't allowed to exclude the £80m but a lesser amount. So that's why we believe they've gone back on their word.

To me, it looks like a catastrophic PR failure from our club. Again.

I'm not going to quote the rest of your ludicrous and idiotic rant again but you come over as a fully paid-up member of the foaming-at-the-mouth, green-ink using brigade who actually understands fuck-all about PR and strategic objectives. There's no PR failure from the club but if you read the club statement, the key part says:

At the heart of those discussions is a fundamental disagreement between the Club’s and UEFA’s respective interpretations of the FFP regulations on players purchased before 2010. The Club believes it has complied with the FFP regulations on this and all other matters.

What that means is that we were given guidance by UEFA (as were others) about the treatment of the wages paid to players signed on contracts prior to June 1st 2010 in the 2011/12 financial year. That led us to believe that we could exclude a certain amount for this and that excluding our figure would have caused us to escape without sanction. UEFA have done a u-turn it would seem and have not allowed the amount which we thought they said they would. And I had confirmation from an independent and highly respected source that this higher figure would be accepted by UEFA, which he'd got from the Club Licensing Panel itself at UEFA HQ in Nyon.

The outcome is that, at the last moment, we've been shafted and I know the club were furious over this. However, you have to pick your battles carefully and they've decided that this isn't a battle worth fighting and dying for. There are two reasons for this. The first is that the sanctions barely affect us in any practical way, apart from maybe the CL squad size. If we don't have to meet the 8 home-grown minimum requirement then it's probably not an issue at all. The fine is minimal if we comply with the conditions and all the indicators are that we will, and would have done anyway.

Also, by accepting such a settlement, it may make us look bad but it actually has benefits plus it helps UEFA out of their predicament as well. The club might actually be pleased if we get a bad press ironically as it makes UEFA look tough and that we've been forced to comply with something we were always going to comply with anyway but at minimal inconvenience to ourselves. It's what's known as a win-win situation. If we go into battle, we could well win but the cost to us might be a lot higher as we'd be painted as the villains far worse than we would this way. It will all have blown over once the World Cup starts and we've effectively paid the entrance fee to the G14 cartel.

 

[Marvin]

Re: City & FFP (continued)

Everyone knows that City have bought success, and that the existing elite clubs wanted to stop that.

Funny how they never wanted to stop themselves doing it though eh ?

Man Utd, Chelsea, Bayern they all bought success. And then they used their power to devise regulations to stop City. Old news.

FFP failed to KO City. So take the blow, and we finish what we started.

 

[buckshot]

Re: City & FFP (continued)

City should register the EDS and treat the CL like the League Cup. Let them know that they need City more than City needs them.

 

[cleavers]

Re: City & FFP (continued)

We were never likely to win the CL next season

Probably not, but you know what ? The absolute best thing we could do now is to do exactly that, win the f**king thing, stick two fingers right up UEFA's arse, and let them have their pocket money back, we'll be hated either way, so lets give the haters a f**king good reason to hate us.