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

[jrb]

Martin Samuel going after the Rags and the Yanks.

Go on MARTIN!

Nor do the Premier League’s principled band mind rubbing along with autocratic regimes, given that in 2017 Manchester United agreed a strategic partnership with Saudi Arabia’s government-backed General Sports Authority.

Our partnership with Saudi Telecom is the longest running of all our commercial partners. Having the chance to help shape the football industry in the Kingdom is a great honour and it is something where we believe we can make a big difference. I hope this strategic alliance will benefit generations of Saudi footballers, supporters and young professionals looking to work in football well beyond Saudi Vision 2030.’


We now know Manchester City’s Etihad sponsorship, so controversial at the time, takes in a shirt, a stadium and a development project that has transformed east Manchester. Etihad is the branding on that. It wasn’t overvalued at all.

MARTIN SAMUEL: Why is Saudi cash worse than from white guys in US?

MARTIN SAMUEL: It is fine for Manchester United to use the country as a revenue stream, but not for Newcastle United, who are owned by the Public Investment Fund of Saudi Arabia.

www.dailymail.co.uk

 

[Colin Bells Boots]

Martin Samuel going after the Rags and the Yanks.

Go on MARTIN!

Nor do the Premier League’s principled band mind rubbing along with autocratic regimes, given that in 2017 Manchester United agreed a strategic partnership with Saudi Arabia’s government-backed General Sports Authority.

MARTIN SAMUEL: Why is Saudi cash worse than from white guys in US?

MARTIN SAMUEL: It is fine for Manchester United to use the country as a revenue stream, but not for Newcastle United, who are owned by the Public Investment Fund of Saudi Arabia.

www.dailymail.co.uk

Thank fuck for a journalist like Martin Samuels who isn't afraid of exposing the fucking hypocrisy of the rags unlike the majority of the arse -licking whores who infest our bloody media.

Since the Govan Bully ruled the media by threats and bullying this rancid fucking club has been protected from exposure and criticism due to the pathetic bloody media who are stealing a living in order to keep the rag lemmings happy and collecting their dirty money via clicks .

Good man Martin , there is no bigger set of hypocrites than the rags and their feeble minded " supporters ".

 

[bobbyowenquiff]

Martin Samuel going after the Rags and the Yanks.

Go on MARTIN!

Nor do the Premier League’s principled band mind rubbing along with autocratic regimes, given that in 2017 Manchester United agreed a strategic partnership with Saudi Arabia’s government-backed General Sports Authority.

Our partnership with Saudi Telecom is the longest running of all our commercial partners. Having the chance to help shape the football industry in the Kingdom is a great honour and it is something where we believe we can make a big difference. I hope this strategic alliance will benefit generations of Saudi footballers, supporters and young professionals looking to work in football well beyond Saudi Vision 2030.’


We now know Manchester City’s Etihad sponsorship, so controversial at the time, takes in a shirt, a stadium and a development project that has transformed east Manchester. Etihad is the branding on that. It wasn’t overvalued at all.

MARTIN SAMUEL: Why is Saudi cash worse than from white guys in US?

MARTIN SAMUEL: It is fine for Manchester United to use the country as a revenue stream, but not for Newcastle United, who are owned by the Public Investment Fund of Saudi Arabia.

www.dailymail.co.uk

What a fantastic article by Martin Samuel. He is not afraid to break away from the press pack and tell it like it is. Calling out the PL bosses for what they really are and also criticising the hypocrites at "Kick it out" who are happy to condemn a few Newcastle fans for wearing Arab robes but do nothing about the racists in the boardrooms who control the PL.

 

[Blue Theatre]

Martin Samuel going after the Rags and the Yanks.

Go on MARTIN!

Nor do the Premier League’s principled band mind rubbing along with autocratic regimes, given that in 2017 Manchester United agreed a strategic partnership with Saudi Arabia’s government-backed General Sports Authority.

Our partnership with Saudi Telecom is the longest running of all our commercial partners. Having the chance to help shape the football industry in the Kingdom is a great honour and it is something where we believe we can make a big difference. I hope this strategic alliance will benefit generations of Saudi footballers, supporters and young professionals looking to work in football well beyond Saudi Vision 2030.’


We now know Manchester City’s Etihad sponsorship, so controversial at the time, takes in a shirt, a stadium and a development project that has transformed east Manchester. Etihad is the branding on that. It wasn’t overvalued at all.

MARTIN SAMUEL: Why is Saudi cash worse than from white guys in US?

MARTIN SAMUEL: It is fine for Manchester United to use the country as a revenue stream, but not for Newcastle United, who are owned by the Public Investment Fund of Saudi Arabia.

www.dailymail.co.uk

Well done, Martin ... the lone journalistic voice of reason XXXX

 

[halfcenturyup]

Martin Samuel going after the Rags and the Yanks.

Go on MARTIN!

Nor do the Premier League’s principled band mind rubbing along with autocratic regimes, given that in 2017 Manchester United agreed a strategic partnership with Saudi Arabia’s government-backed General Sports Authority.

Our partnership with Saudi Telecom is the longest running of all our commercial partners. Having the chance to help shape the football industry in the Kingdom is a great honour and it is something where we believe we can make a big difference. I hope this strategic alliance will benefit generations of Saudi footballers, supporters and young professionals looking to work in football well beyond Saudi Vision 2030.’


We now know Manchester City’s Etihad sponsorship, so controversial at the time, takes in a shirt, a stadium and a development project that has transformed east Manchester. Etihad is the branding on that. It wasn’t overvalued at all.

MARTIN SAMUEL: Why is Saudi cash worse than from white guys in US?

MARTIN SAMUEL: It is fine for Manchester United to use the country as a revenue stream, but not for Newcastle United, who are owned by the Public Investment Fund of Saudi Arabia.

www.dailymail.co.uk

Good God, he was on form when he wrote those. The PL, KickItOut, Liverpool, United, Neville, Solskjaer, Wenger, Infantino. They all got a bashing.

He gets my vote for the Stylo d'Or.

 

[Groke]

Thank fuck for a journalist like Martin Samuels who isn't afraid of exposing the fucking hypocrisy of the rags unlike the majority of the arse -licking whores who infest our bloody media.

Since the Govan Bully ruled the media by threats and bullying this rancid fucking club has been protected from exposure and criticism due to the pathetic bloody media who are stealing a living in order to keep the rag lemmings happy and collecting their dirty money via clicks .

Good man Martin , there is no bigger set of hypocrites than the rags and their feeble minded " supporters ".

Hmmm, can think of one, perhaps on a par with them

 

[Bluesince1979]

By a million miles Samuel is the best sports journo in the country
No agenda
No pandering to the cartel
Clearly not on any pay rolls
And gives it City when he thinks we need it.

 

[manimanc]

He makes all the other shitstirring journalists look like the thick, bitter and amateur wankers they are.
Played a blinder there has Mr Samuels.

 

[spiny]

Straight to the heart of the matter. He states what is going on in the running and ruining of English football.

 

[Colin Bells Boots]

Hmmm, can think of one, perhaps on a par with them

Yes I agree, but I was in full hatred mode of the twats from Trafford at the time.

I can always find a day to have a rant at the equally hateful dippers .

 

[StillBluessinceHydeRoad]

If they are hoping to ban all future related party deals, they will have a massive (!) headache in trying to define "related." Even UEFA struggled with their own rule, not sure what was related and what wasn't. See our own 2014 case. Under UEFA rules, related deals are ok, provided they are fair market value. Even after the so called experts have pronounced, UEFA will decide on a political basis. So Qatar's tourist board world wide branding sponsorship of PSG was assessed by independent experts at, iirc, about £9m. PSG's own valuation was, iirc, about £80m, but Leterme allowed it at £100m. Absolutely nothing, of course. to do with the massive tv deal from Bein.
This inflation allowed PSG to escape sanction. When the judge in charge of the Judicial Chamber found out, he appealed to CAS to reopen the case, but they denied jurisdiction. UEFA v UEFA!!!

I think you're right about the difficulties PL will face and I suspect UEFA will be as alarmed as any at PL headquarters. Their hope may be that they can use "fair market value" to limit Newcastle's deals while leaving those of certain other clubs untouched since 'istry clubs have related party deals, most notably Juventus and Bayern Munich. The trouble with this is may well broaden Newcastle's attack since "fair market value" is a subjective opinion which imposes a restraint on conduct which is not unlawful. Newcastle could even have an action brought by a "related" sponsor whose argument may be that they are sponsoring Newcastle for the exposure they give and that they are sponsoring them so generously so that the team will improve, qualify for more prestigious tournaments and thus bring exposure of the sponsors to wider audiences. That is why sponsors sponsor - sponsorship is a commercial agreement NOT a reward for the clubs 'istry! They could also argue strongly that they (the sponsors) are the only ones who can finance improvement at Newcastle because, while UEFA does not limit sponsorship of certain other clubs while limiting severely that of Newcastle (thus acting as a cartel), UEFA and the PL also place the most severe limits on investment by the owners of clubs, in the interests of a cartel of indebted but recently successful (in a footballing sense) clubs, while at the same time and bizarrely decreeing that the annual subscriptions paid by members of German clubs do ot count as "investment". German fans own 51% of the shares of their clubs! UEFA and the PL had better get the PL clubs (18 of them at least) to see sense QUICKLY.

 

[Newman Noggs]

Newcastle could even have an action brought by a "related" sponsor whose argument may be that they are sponsoring Newcastle for the exposure they give and that they are sponsoring them so generously so that the team will improve, qualify for more prestigious tournaments and thus bring exposure of the sponsors to wider audiences. That is why sponsors sponsor - sponsorship is a commercial agreement NOT a reward for the clubs 'istry!

Excellent post and, if I were Newcastle I'd be citing City as a precedent for this, showing projected income based on our actual figures. When we began our journey there was no precedent to influence projections. I'd also point out that the argument about inflating transfer fees and wages is demonstrably not as a result of City's takeover so there is no reason why Newcastle's would have that effect.

 

[Citizen Green]

Excellent thread from @projectriver on Etihad/Related Party misconception that the media keep parroting.

 

[wolviedinho]

The FFP genie is out of the bottle, it is not possible to go back to the way it was before. Unscrupulous greedy lying clubs & organisations concocted this pyramid scheme to control the outcome of football tournaments.

It will only get worse. The rules will continue to change and favour certain clubs, legal patches will be made when necessary and the corrupt wankers will not rest until the old order is resumed.

As I say no going back now. The dirty war to control football is well and truly underway.

 

[Newman Noggs]

The FFP genie out of the bottle, it is not possible to go back to the way it was before. Unscrupulous greedy lying clubs & organisations concocted this pyramid scheme to control the outcome of football tournaments.

It will only get worse. The rules will continue to change and favour certain clubs, legal patches will be made when necessary and the corrupt wankers will not rest until the old order is resumed.

As I say no going back now. The dirty war to control football is well and truly underway.

"We will continue to disrupt"

 

[wolviedinho]

If you are trying to disrupt the status quo and beat the istory competitors, you’re not going to do it by playing their game.

Change the playbook City.

 

[waspish]

If the premier kept the % wages rule Newcastle would be in trouble to grow! That rancid **** Gill dropped a clanger there! All for the Benefit of some shite players.

 

[halfcenturyup]

If the premier kept the % wages rule Newcastle would be in trouble to grow! That rancid **** Gill dropped a clanger there! All for the Benefit of some shite players.

You can be sure that rule will be reinstated now, of course, with an exemption for current contracts.

 

[hertsblue]

If the premier kept the % wages rule Newcastle would be in trouble to grow! That rancid **** Gill dropped a clanger there! All for the Benefit of some shite players.

I still think this stinks as it was quietly dropped, with no reason given or explained, at a time the Rags had lots of contract renewals coming up and a time they also spent heavily. Of course no media looked into it

 

[StillBluessinceHydeRoad]

I still think this stinks as it was quietly dropped, with no reason given or explained, at a time the Rags had lots of contract renewals coming up and a time they also spent heavily. Of course no media looked into it

I'm sure Newcastle's lawyers will be made well aware of all the cartel-sponsored twists and turns.