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

[City Raider]

Re: City & FFP (continued)

the champs league has lost all credibility, it's a financially artificial competition

 

[GeekinGav]

Re: City & FFP (continued)

the champs league has lost all credibility, it's a financially artificial competition

+1

 

[lancs blue]

Re: City & FFP (continued)

-21 man squad for next years champions league
-£49m limit on transfer spending (plus any money made from sales) for next 2 seasons(£49m each season)
-No increase to overall wage bill (bonuses are exempt)
-£10m withheld from champions league prize money for each of next two seasons (doesn't seem to affect ffp calculation)
-Can't lose more than £20m this season, £10m next season

On the plus side, all sponsorships are ok and the club aren't worried about the squad restrictions.

Next two seasons? It's a controversial point

For spending limits? The Statements say we'll be operating without restriction at the start of the 15/16 champions league competition, I take that to include both summer windows and the first winter one, january 2016 shouldn't be affected though. Club are still leaving a couple of things open to interpretation though, maybe they don't want our rivals knowing any more than they have to?
The wage bill is for two seasons though, nearly positive on that one.

The wage restriction is only for one season if we comply with the FFP break-even figures.

Manchester City accepts that employee benefit expenses cannot be increased
during the next two financial periods (2015 & 2016). If Manchester City meets the
annual break-even requirements outlined above, this spending limit will be
removed for the 2016 financial period.

The transfer cap looks to be unconditional and for two seasons.

Manchester City agrees to significantly limit spending in the transfer market for
seasons 2014/2015 and 2015/2016. Manchester City further accepts a calculated
limitation on the number of new registrations it may include within their “A” List
for the purposes of participation in UEFA competitions. This calculation is based
on the clubs net transfer position in each respective registration period covered by
this agreement.

 

[Marvin]

Re: City & FFP (continued)

UEFA's statement refers to restricted transfer spending for 2014-15 and 2015-16, yet City's statement refers to 2014-15 only, and refers to a 60m Euro limit for the Summer window, and we state we expect to operate without restriction in 2015-16. That suggests some caveat i.e. City maybe able to spend what we want in 2015-16 providing some terms are met?

And what about the Jan transfer window in 2014-15?

Can we assume that any unused spending in the Summer window can be transferred to the Winter window? Is there an additional budget for the Jan. window?

There's obviously more small print that has not been released.

 

[mancunial]

Re: City & FFP (continued)

the champs league has lost all credibility, it's a financially artificial competition

. +2

 

[Ducado]

Re: City & FFP (continued)

UEFA's statement refers to restricted transfer spending for 2014-15 and 2015-16, yet City's statement refers to 2014-15 only, and refers to a 60m Euro limit for the Summer window, and we state we expect to operate without restriction in 2015-16. That suggests some caveat i.e. City maybe able to spend what we want in 2015-16 providing some terms are met?

And what about the Jan transfer window in 2014-15?

Can we assume that any unused spending in the Summer window can be transferred to the Winter window? Is there an additional budget for the Jan. window?

There's obviously more small print that has not been released.

Just what I was thinking Marvin

 

[aguero93:20]

Re: City & FFP (continued)

@lancs blue, UEFA won't confirm that we've met the second break even target (-£10m) until April/May 2016 if the timescale for this year is the template, so it's de facto for both seasons unless the club are very, very sure that they've made it.

 

[jrb]

Re: City & FFP (continued)

the champs league has lost all credibility, it's a financially artificial competition

Remember?

As soon as City we're *given* Dortmund, and United we *given* CFR 1907 Cluj, so Dortmund and Bayern didn't clash on German television, it was all over for me.

Yes I'll still go and watch City in the CL, but the competition, the TV companies, UEFA, and the cartel clubs who run it, have made it meaningless.

 

[lancs blue]

Re: City & FFP (continued)

the champs league has lost all credibility, it's a financially artificial competition

It always has been but it's one the club is keen to do well in.

 

[Marvin]

Re: City & FFP (continued)

Spirit in the face of adversity

I know it's a competition shrouded in intrigue, but that's because of the prestige and money involved.

We're a long way from being realistic contenders, but I want to win it more than ever

We've won domestic trophies. Making a mark in Europe, whatever the odds, is the next target. When City got beat 4-0 at home by the Invincibles, nobody even thought that one day soon we'd be thrashing them 6-3 on our way to a League title.