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

[sir baconface]

Re: City & FFP (continued)

Are you sure on the transfer cap PB?
I know the amortisation goes through the P&L, but surely a 60m euro limit is for the amount we actually pay in transfers. Otherwise we'd just put new Messing on a 10 year deal.
Might be wrong, but I think the 60m is a cash limit.

That's my reading too. Amortisation on P & L but up-front cost to count against the ceiling.

 

[bluegonads]

Re: City & FFP (continued)

any clarification on whether other " affected clubs" can appeal against the leniency of this agreement and possibly force further sanctions?

 

[Didsbury Dave]

Re: City & FFP (continued)

I like the bold nature of city's statement, having just read it's it basically says 'we've agreed this for political reasons, but UEFA can fuck off now and in future'. I'm not surprised with the outcome.

 

[Tommy_Catons_Perm]

Re: City & FFP (continued)

City's official statement says 10m Euro will be lost from it's share of income from UEFA for in 2013-14 & 10m Euro for 2014-15. Does anybody know if this equates to the £49m fine of which £32m is suspended as reported by the BBC ?. Thus £17m fine = 20m Euro lost in UEFA income ?

The City statement make no mention of a suspended fine.

Generally the fine is reported as £50m in the media. This seems more severe and bad publicity than the way it actually
is ?

Read it again will you..

I did. The City statement does not explicitly say we have been fined £49m. Simple question. How does one deduce a fine of £49m using the figures in the City Statement ?

From the Telegraph. QED.

€60 million (£49m) to be withheld from prize money over the next three seasons, but this will be reduced to €20m (£16.3m) if the club complies with agreed spending and break-even limits.

 

[Anonymous]

Re: City & FFP (continued)

We are fucking mugs and will end up a shitty little club again agreeing to these sanctions playing right into uefa hands so
Dissapointed with us.

I've slept on it. Still pissed off we've accepted it but the above ain't gonna happen any time soon. Way wide of the mark.

 

[Ducado]

Re: City & FFP (continued)

We are fucking mugs and will end up a shitty little club again agreeing to these sanctions playing right into uefa hands so
Dissapointed with us.

Can you qualify that please? Have read all the statements?

 

[Le Havre Oswald]

Re: City & FFP (continued)

We are fucking mugs and will end up a shitty little club again agreeing to these sanctions playing right into uefa hands so
Dissapointed with us.

I'd thought you'd catch a lot more fish than you have done RAG.

nice try.

 

[Tommy_Catons_Perm]

Re: City & FFP (continued)

From the Telegraph.

The club has also agreed that revenues from the sale of image rights to related parties will not be included in future break-even calculations.


And I think this then precluded the omission of the 2010 wages in the calculations which resulted in FFP failure.

 

[coleridge]

Re: City & FFP (continued)

the fact that ffp suddenly exists proves it is rotten to the core. not a fucking peep until we crashed the party with all our dosh.

call it fear, call it jealousy, call it anything you like but its as corrupt as fuck.

no paranoia just the truth, besides we will still fuck with them.

A little joke at your expense, mate.

Football has always been corrupt in some ways. You could say that about every business.

For me, the Arab involvement was the final straw for the likes of the G14. However, the combination of financial clout and commercial acumen has meant that, as you say, 'we will still fuck with them'.

They already know this and appear to be inviting us to feast at the big table. The 'sanctions' appear to be minimal and only of interest to the media.

So, now UEFA are stuck with FFP, it seems. They cannot now start changing the rules radically. ADUG are on their case. Another strange outcome of FFP is that MCFC is now the leading light in its application! Imagine the knowledge bank now ingrained in the club. It is the other clubs that should now be afraid.

Next thing you know, Kaldoon will be on the UEFA board handing out fines to our good neighbours. Sound far-fetched? So has everything since 1st September 2008, but most of it has come to pass. When I see us lift the CL trophy, I will finally know that the war is over forever. Not long to wait now, I believe. I think we'll do it with the current crop, maybe not next season but one day soon.

 

[Tommy_Catons_Perm]

Re: City & FFP (continued)

A more coherent summary (in my opinion) from the Telegraph


City's sanctions in full ...
€60 million (£49m) to be withheld from prize money over the next three seasons, but this will be reduced to €20m (£16.3m) if the club complies with agreed spending and break-even limits.
Champions League squad cut to 21 players for next season, but will return to 25 players for 2015-16 if they comply with agreements.
Spending on transfers limited to €60m (£49m) net this summer.
A salary freeze on the Champions League squad for the next two seasons.
City have agreed to cut the losses to a maximum of €20m for (£16.3m) the 2013-14 financial year and €10m (£8.2m) loss for the 2014-15 season.
City's £400m Etihad sponsorship deal was passed by Uefa but the club have agreed not to increase the value of two "second-tier commercial partnerships" with other parties related to their Abu Dhabi-based owners.
The club has also agreed that revenues from the sale of image rights to related parties will not be included in future break-even calculations.


This bit is a bit worrying though :-

Any party affected by the sanction has 10 days to appeal, with Arsenal and Everton possible beneficiaries of any successful challenge following their failure to qualify automatically for the Champions League.