Cobwebcat
Well-Known Member
Re: City & FFP (continued)
And me.
Tbilisi said:
And me.
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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
Neville Kneville
Well-Known Member
Re: City & FFP (continued)
They seem to be keen on just broacasting City's, as mentioned in the statement on our OS.
It's almost as if the only club they were truly interested in, is us.
uwe rosler 28 said:Does anybody no the sanctions and fines for the other 7 clubs?
They seem to be keen on just broacasting City's, as mentioned in the statement on our OS.
It's almost as if the only club they were truly interested in, is us.
uwe rosler 28
Well-Known Member
Re: City & FFP (continued)
All fines and sanctions should be the same.
Neville Kneville said:uwe rosler 28 said:Does anybody no the sanctions and fines for the other 7 clubs?
They seem to be keen on just broacasting City's, as mentioned in the statement on our OS.
It's almost as if the only club they were truly interested in, is us.
All fines and sanctions should be the same.
Rammyblues
Well-Known Member
Re: City & FFP (continued)
Probably on UEFA (scum) website.
Probably on UEFA (scum) website.
Re: City & FFP (continued)
http://www.uefa.org/disciplinary/club-financial-controlling-body/cases/index.html
It's all on the UEFA web-site.bluesoup said:Seem to recall seeing the fines for other clubs. Not sure where though but, they were all published .
http://www.uefa.org/disciplinary/club-financial-controlling-body/cases/index.html
Rammyblues
Well-Known Member
Re: City & FFP (continued)
I know this might be a little far fetched but suppose these FFPs are deemed illegal etc etc. Do you think that UEFA would just take their ball home and say look we tried to be inclusive (stretching it I know) but instead simply go down the route of a super league by invite only and we obviously would be on the outside and form a breakaway as originally they had intended.
I know this might be a little far fetched but suppose these FFPs are deemed illegal etc etc. Do you think that UEFA would just take their ball home and say look we tried to be inclusive (stretching it I know) but instead simply go down the route of a super league by invite only and we obviously would be on the outside and form a breakaway as originally they had intended.
Re: City & FFP (continued)
Additional revenue from sponsors based on achivements - most notably the Etihad deal?
M18CTID said:M18CTID said:So are we genuinely on target to break even this season (and therefore meeting UEFA's requirement for allowable losses as defined in the list of sanctions) as the club suggests? Well, on the face of it turning round a £51 million loss plus finding another £48 million or so to cover those one-off transactions in the last accounts seems like a tall order but even a non-expert like me can come up with the following off the top of my head:
*An extra £40 million earned from PL TV and prize money compared to 2012-13
*At least £30 million knocked off the wage bill (assuming the figure for Mancini and his staff's payout is correct), possibly more due to the likes of Tevez and others being off our books and the incoming players being on more modest wages
*Money earned from several sponsorship deals (I think there were 5 or 6 in all) that were announced last summer, including BT's sponsoring of City Square - those deals will presumably be worth at least a million quid each, perhaps more
*Match-day revenue up due to an increase in season-ticket, match-day ticket, and hospitality prices plus extra home games in the cup competitions compared to last season - the Barca home game in particular probably netted close to £2 million in match-day income
*Amortisation costs down as a result of new contracts for the likes of Aguero
Anything else?
Forgot to add - increased CL prize money due to a better showing in the tournament this season just gone
Additional revenue from sponsors based on achivements - most notably the Etihad deal?
TOFTHELADS
Well-Known Member
- Joined
- 4 Nov 2008
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- 72
Re: City & FFP (continued)
can someone summarise this lot please..............
Decision of the Chief Investigator of the CFCB Investigatory Chamber: Settlement Agreement with Manchester City Football Club Limited
Following an investigation under the UEFA Club Licensing and Financial Fair Play Regulations (“CLFFPR”) a settlement agreement was concluded between the UEFA Club Financial Control Body (“CFCB”) Chief Investigator and Manchester City Football Club Limited ("Manchester City") on the basis of Article 14 (1)(b) and Article 15 of the Procedural Rules governing the CFCB.
The settlement was concluded on 16 May 2014 and covers the three sporting seasons 2013/14, 2014/15 and 2015/16. For the duration of the settlement, Manchester City will be subject to on-going restrictions which have been agreed by the club and which are described further below.
A central purpose of the settlement is to ensure that Manchester City becomes break-even compliant within the meaning of the CLFFPR in a short space of time.
• In this regard, Manchester City undertakes to report a maximum break-even deficit of EUR 20 Mio. for the financial year ending in 2014 and a maximum break-even deficit of EUR 10 Mio. for the financial year ending in 2015. In this context certain commercial partnerships were subject to examination. In order to avoid dispute and for the avoidance of doubt, Manchester City has agreed that for the period of the settlement it will not seek to improve the financial terms of two second tier commercial partnerships.
• Furthermore Manchester City agrees that revenues from the sale of assets within their group structure will not be included in future break-even calculations.
• 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.
• Manchester City accepts that for the duration of the settlement it will be subject to a limitation on the number of players that it may include on the “A” list for the purposes of participation in UEFA competitions. Specifically, for season 2014/15 Manchester City may only register a potential maximum of 21 players on the “A” list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations. If MC manages to comply with the annual break-even
target the club shall be released from the restriction as regards the registration of players in UEFA club competitions for the 2015/16 season.
• 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.
• Manchester City agrees to pay a total amount of EUR 60 Mio. which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2013/14. Of this EUR 60 Mio. an amount of EUR 40 Mio. will be withheld conditionally and will be returned to Manchester City if the club fulfills the operational and financial measures agreed with the UEFA CFCB.
The compliance with the Settlement Agreement will be subject to on-going and in depth monitoring, in accordance with the applicable rules. In this connection, Manchester City also undertakes to provide the CFCB with a Progress Report evidencing its compliance with all relevant conditions agreed on a six monthly basis.
In case Manchester City fails to comply with any of the terms of this Agreement, the UEFA CFCB Chief Investigator shall refer the case to the Adjudicatory Chamber, as foreseen in Art. 15 (4) of the Procedural Rules.
can someone summarise this lot please..............
Decision of the Chief Investigator of the CFCB Investigatory Chamber: Settlement Agreement with Manchester City Football Club Limited
Following an investigation under the UEFA Club Licensing and Financial Fair Play Regulations (“CLFFPR”) a settlement agreement was concluded between the UEFA Club Financial Control Body (“CFCB”) Chief Investigator and Manchester City Football Club Limited ("Manchester City") on the basis of Article 14 (1)(b) and Article 15 of the Procedural Rules governing the CFCB.
The settlement was concluded on 16 May 2014 and covers the three sporting seasons 2013/14, 2014/15 and 2015/16. For the duration of the settlement, Manchester City will be subject to on-going restrictions which have been agreed by the club and which are described further below.
A central purpose of the settlement is to ensure that Manchester City becomes break-even compliant within the meaning of the CLFFPR in a short space of time.
• In this regard, Manchester City undertakes to report a maximum break-even deficit of EUR 20 Mio. for the financial year ending in 2014 and a maximum break-even deficit of EUR 10 Mio. for the financial year ending in 2015. In this context certain commercial partnerships were subject to examination. In order to avoid dispute and for the avoidance of doubt, Manchester City has agreed that for the period of the settlement it will not seek to improve the financial terms of two second tier commercial partnerships.
• Furthermore Manchester City agrees that revenues from the sale of assets within their group structure will not be included in future break-even calculations.
• 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.
• Manchester City accepts that for the duration of the settlement it will be subject to a limitation on the number of players that it may include on the “A” list for the purposes of participation in UEFA competitions. Specifically, for season 2014/15 Manchester City may only register a potential maximum of 21 players on the “A” list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations. If MC manages to comply with the annual break-even
target the club shall be released from the restriction as regards the registration of players in UEFA club competitions for the 2015/16 season.
• 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.
• Manchester City agrees to pay a total amount of EUR 60 Mio. which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2013/14. Of this EUR 60 Mio. an amount of EUR 40 Mio. will be withheld conditionally and will be returned to Manchester City if the club fulfills the operational and financial measures agreed with the UEFA CFCB.
The compliance with the Settlement Agreement will be subject to on-going and in depth monitoring, in accordance with the applicable rules. In this connection, Manchester City also undertakes to provide the CFCB with a Progress Report evidencing its compliance with all relevant conditions agreed on a six monthly basis.
In case Manchester City fails to comply with any of the terms of this Agreement, the UEFA CFCB Chief Investigator shall refer the case to the Adjudicatory Chamber, as foreseen in Art. 15 (4) of the Procedural Rules.