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

[Gaz (FMwkdsoul)]

Don’t the rules say they are only looking at all sponsors over 1 million? Nothing about fair value.

anything over 1m will be judged for fair value, anything under isn't checked (deemed an associate).

 

[waspish]

anything over 1m will be judged for fair value, anything under isn't checked (deemed an associate).

Yep

Club sponsorship deals worth more than £1 million will have to be submitted to the Premier League to check it is not an “associated party” transaction.

As first reported by The Times, new regulations were agreed last week and sent to clubs, despite opposition from Newcastle United and Manchester City.

If the Premier League board suspects a transaction is from an “associated party” or “is otherwise than at arm’s length”, it will now conduct a “fair market value assessment” to determine whether its value has been evidently inflated.

The threshold for this is deals over £1 million, including payments from associated parties to clubs’ players, managers and senior officials.

 

[lazerblue]

I would rather we cut a less lucrative deal and juggle our books even if that means cutting a player or two, it’s now way past a joke.

iv'e heard it all now! why not go the whole hog and get relegated

 

[WRicko]

Do you think this was deliberate two in two days

 

[decmancity]

Do you think this was deliberate two in two days

Yes.

 

[Damanino]

I hope Newcastle will announce some crazy deal soon. I want press to go as much against them as they have been coming after us so their energy will be halved. :)

 

[SatOnTheWall]

I'm not sure I follow the logic of this. Firstly, why should the club have to improve our image to appease a bunch of mindless bigoted cretins

Says it all for me.

 

[tolmie's hairdoo]

I see we have another one

ABU DHABI, 6th January, 2022 (WAM) -- Manchester City today announced a new global partnership with Masdar, which will see the renewable energy and sustainable development company become an Official Partner of the Club

They can't touch this. According to Lipton in his financial column today, City have signed off on these deals prior to the new Premier League ruling coming in.

 

[JASR]

Do you think this was deliberate two in two days

Just another 360 to go this year…

 

[tolmie's hairdoo]

Doesn’t matter as long as it’s under 1m

It doesn't matter if it's £30m a season. The recent deals being announced were signed off before the latest rules were votes through.

City also went out of their way yesterday to tell the press pack that they had definitely pulled the plug on that Crypto link up.

The major cash will come in when the books show how much uplift there will be next on the Etihad deal. It won't be announced, the deal will just have the terms improved.

We have a 12 year-old association and the sums will be more than justified.

 

[Oldham Exile]

Is this a related deal or not. Kaldoon is CEO of Mubadala of which Masdar is a subsidiary of...

His sister is head of Masdar I hear - fuck 'em

 

[TheThirdDeano]

Usually a Michelin chef and a suite rather than just a room, or at least a very large room. And a very well stocked mini-fridge. They’ll look after you well, very polite and accommodating to most of your requests.

One day I’ll get to that level I hope!

 

[Bozzie]

Basically, if whilst operating as a cartel, you establish a system to restrict the growth of potential competitors based on revenue and it fails spectacularly the only logical step is to try and restrict the revenue streams that benefit your competitors.

 

[Pablo ZZZ Peroni]

They can't touch this. According to Lipton in his financial column today, City have signed off on these deals prior to the new Premier League ruling coming in.

Disappointed if this is the case.
Was hoping we had activated Khaldoon's full blown disruptive mode.

 

[jrb]

Oil will run out one day, but as long the Sun and the Moon exist, so will City. Solar, wind, waves, and green energy are all free, and are the way forward in sponsoring City.

 

[Johnny Mars Bar]

There’s certain things the club don’t or won’t do to improve our image, one of them is to get rid of Etihad and all the signage, get them off our kit, off our stadium name etc etc Etihad is pure toxic, it perpetuates the myth that the others cling to. I would rather we cut a less lucrative deal and juggle our books even if that means cutting a player or two, it’s now way past a joke. The Etihad deal is a millstone, my understanding is it’s about 10% of our total income and these days hardly represents a good deal.

lol

 

[KS55]

It doesn't matter if it's £30m a season. The recent deals being announced were signed off before the latest rules were votes through.

City also went out of their way yesterday to tell the press pack that they had definitely pulled the plug on that Crypto link up.

The major cash will come in when the books show how much uplift there will be next on the Etihad deal. It won't be announced, the deal will just have the terms improved.

We have a 12 year-old association and the sums will be more than justified.

I thought we were looking to replace Etihad shirt sponsorship, but with them keeping the stadium naming rights.

PS EDIT Don't forget UEFA rules still apply.

 

[tolmie's hairdoo]

Disappointed if this is the case.
Was hoping we had activated Khaldoon's full blown disruptive mode.

Lipton did snidily end his piece by saying timing is everything.

I would expect the Masdar deal to be considerably more than the Emirates Palace partnership.

The whole Emirate is geared up for life after oil and can easily justify its market position and the pay terms when it comes to such a topic.

 

[tolmie's hairdoo]

I thought we were looking to replace Etihad shirt sponsorship, but with them keeping the stadium naming rights.

Doesn't sound like it at present. Economic downturn doesn't have too many companies willing to part with that type of cash.

 

[Blue Llama]

Basically, if whilst operating as a cartel, you establish a system to restrict the growth of potential competitors based on revenue and it fails spectacularly the only logical step is to try and restrict the revenue streams that benefit your competitors.

Not sure where you are coming from with your post and I may have understood your point. However, to carry on (1) any system that even smells of being a Cartel is forbidden in law in all western societies/countries. (2) It is also illegal to prevent a competitor trading/developing by using any means that results from a position of dominance (yours) in that market.