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

[Chi-town blues]

'If they are getting more and more sponsors from around the world, do City need to be striking deals with Abu Dhabi companies?

"Yes, because they've done nothing wrong!" said Maguire.

"Manchester United did a deal with Saudi Arabia, their present airline partner is [Russian company] Aeroflot, so if United have worldwide commercial partners there is no reason why City shouldn't do that either.'

Sportwashing/human rights/murderous/authoritarian regimes anyone? :-)

Don’t forget 100 million Jack to complete your bingo fantasy.

 

[Oldham Exile]

They’re red dipper accountant’s. Their accounting means more to them.

Red Dipper accountants will most certainly be the best accountants in the world

 

[Blue Pete]

People also forget we have partnership deals with companies around the world Cisco (USA), Nissan (France - via Renault), JNC (China), Puma (German) etc not just from the middle east.

I'm not saying the human rights in China or USA are particularly great, but apparently that isn't sports washing because, actually I'm not sure why it isn't maybe the usually red allied clickbaiters could tell me.

 

[oakiecokie]

Can't believe you beat Pools to Zinny for £1.80. We'll give you a quid for him since he's not as young as he used to be.

If I had my way I`d fucking give him to yer. ;)

 

[Colthekid]

If they entered the last year of their contract wouldn't the final amortisation go on the books for that season so if the player then negotiated an extension there'd be no further fee to be paid?

If they ended their contract & left on a free, then yes. If they signed a new deal, then what's left of the amortised transfer fee gets split again along the length of the new contract.

E.g. £100m over 5 years -- £20m/year in the accounts
In the last year of the contract (£20m left), player signs a new 5 year deal, that £20m then goes in the accounts as £4m/year for the next 5 years. And so on....

 

[schfc6]

Grim that we're still paying for Mendy.

I’m not sure, but i’m guessing if he’s found guilty we could probably go after him for money lost. As it will be all his fault he’s not fulfilled his contract.

 

[Citizen Green]

Any clue on when we can expect any sort of significant update on this PL investigation & more importantly, if we can finally put it to bed?.

 

[bluemanchester]

Any clue on when we can expect any sort of significant update on this PL investigation & more importantly, if we can finally put it to bed?.

Quite a while yet. They are only up to checking the legality of the contract we gave Bert Trautmann after WW2. They think they will strike gold when they examine Billy Merediths contract. They are certainly thorough these people.

 

[JGL07]

Quite a while yet. They are only up to checking the legality of the contract we gave Bert Trautmann after WW2. They think they will strike gold when they examine Billy Merediths contract. They are certainly thorough these people.

Even worse, City signed Roy Paul after he went off the Bogotá to sign for Millionarios. Columbia were not affiliated to FIFA at the time so no fee would have been payable to Swansea. In the event Paul returned home after failing to settle (an ultimatum from his wife?) and signed for City.

There must be something in that story.

 

[jockblue]

Even worse, City signed Roy Paul after he went off the Bogotá to sign for Millionarios. Columbia were not affiliated to FIFA at the time so no fee would have been payable to Swansea. In the event Paul returned home after failing to settle (an ultimatum from his wife?) and signed for City.

There must be something in that story.

Wouldn’t that imply we had some history? Shirley not?