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

[KS55]

I see that Mercedes have abandoned their appeal re Abu Dhabi GP, because the appeal would be to the FIA and there is no provision for recourse to law or CAS.

 

[waspish]

Another fantastic article by Martin Samuel today exposing the PL and cartel cronies in their attempt to dictate what is fair in terms of sponsorship deals in relation to Newcastle ...........................................or actually City !

A lone voice in amongst the hyenas of the media doing their bidding for the rags and dippers and other lesser arsewipes who are hanging on to their coat tails.

City ruining football again .

MARTIN SAMUEL: Football's fixture list is a sausage factory

CHIEF SPORTS WRITER: The sausage factory mentality continues. Football learns nothing from the pandemic and continues piling fixtures into a schedule already fit to burst.

www.dailymail.co.uk

 

[Colin Bells Boots]

MARTIN SAMUEL: Football's fixture list is a sausage factory

CHIEF SPORTS WRITER: The sausage factory mentality continues. Football learns nothing from the pandemic and continues piling fixtures into a schedule already fit to burst.

www.dailymail.co.uk

Thanks for posting that waspish, so more can read the article.

I'm inept so I appreciate it when somebody else can help.

 

[Norbiton]

Interesting that Samuel names the law firm trawling our accounts for something, anything, on behalf of the Premier League, hadn’t seen that information before.

 

[ancoats]

how anybody can see why FFP was brought in to help football and its clubs and not just a tool to stop manchester city
are blind or daft. when the so called biggest club ? riches clubs ? in the world are in financial crisis and debt ridden but are never questioned. then they quote manchester city are breaking the rules spending money they don't have ?

manchester city are debt free and properly the best run football club in the world and a role model on how to run a football club. personal wealth v loans taken on club assets this is the question

uncontrolled rising debts by the so called elite teams is bad for the game and for the fans at them clubs because it will be them that are left to pick up the pieces in the end

also ask any of them so called elite teams to sell to the world richest person or persons RIGHT NOW they would bite their hand off in a instant. take the glazers at united if somebody offers them £2billion they would say where do i sign on the spot

 

[Newman Noggs]

Interesting that Samuel names the law firm trawling our accounts for something, anything, on behalf of the Premier League, hadn’t seen that information before.

Makes sense. It's the same clubs who are their clients

 

[KS55]

Makes sense. It's the same clubs who are their clients

Is that kosher?

 

[bobbyowenquiff]

Interesting that Samuel names the law firm trawling our accounts for something, anything, on behalf of the Premier League, hadn’t seen that information before.

It's incredible that this fishing expedition is happening. Looking through our accounts from ten years ago after we have been cleared by an independent panel of judges at CAS. Don't forget that most of the Der Spiegel claims were comprehensively rejected after at least one email was proven to be fabricated (distorting the meaning) and others actually pre-dated the introduction of FFP rules so were totally irrelevant. What the fuck is going on at the PL?

 

[Gorton_Tubster]

I think its fair to say this has moved on from FFP

 

[Vic]

The PL is fishing in very murky waters and, to quote another phrase, it ill all end in tears if it continues. The concept of "fair market value" to be applied to sponsorship deals is a dangerous intrusion into the law of contract. The anger of those responsible for a company on being told that they are wasting that company's money by paying over the odds or that the club may incur penalties if it spends the funds paid can only be imagined. No-one would willingly sign a contract to sponsor a club if they thought they were not getting value for money and they may well seek to know where the PL's authority to exercise a power of veto over commercial contracts comes from. It is certainly not from the law and we saw that the last time one of football's governing bodies interfered in contract law UEFA lost a case and was told in no uncertain terms that the law applied to football as much as to any other activity. Deciding who can and cannot make contracts with clubs on grounds that are explicable only in terms of a cartel putting a rival or rivals at a serious commercial disadvantage is a giant step too far. The PL is in grave danger of getting ideas well above its station. It needs thoughtful, moderate but above all, honest leadership with the real interests of English club football at heart.

Well, if someone from the PL had asked Chevrolet if they were sure their deal with United was fair value, the deal would have fallen through.

Sponsors might perhaps have to certify that they have done some due diligence (especially if some public money is involved). That's Real Madrid stuffed.