Daz_Blue said:The 49m restriction is it for this window and January ?
49m for both windows or is it 49m for each window, and when does the restriction end ?
Daz_Blue said:The 49m restriction is it for this window and January ?
49m for both windows or is it 49m for each window, and when does the restriction end ?
route46 said:if were only allowed to spend 49m next 2 season are we allowed to carry money over???????? (spend 29m this season 69m next)
What a strange thing to post...FanchesterCity said:I think it's two seasons, yes, but 1 year suspended (without googling to look it up).
The theory is, that IF we are telling the truth / are right, and we'll break even this season (to UEFA's satisfaction), then the second year sanctions won't happen.
Essentially they've punished us 'full whack' but if we do as we've promised, we'll not have to serve / pay the full whack.
ColinLee said:What a strange thing to post...FanchesterCity said:I think it's two seasons, yes, but 1 year suspended (without googling to look it up).
The theory is, that IF we are telling the truth / are right, and we'll break even this season (to UEFA's satisfaction), then the second year sanctions won't happen.
Essentially they've punished us 'full whack' but if we do as we've promised, we'll not have to serve / pay the full whack.
Besides we can be €20 million in arrears this year and €10 million next.
It's £49 million NET for the year and no, you can't take leftover money over into next year. There's also no clever little getouts like paying part now and part next year.
UEFA say the transfer cap is for 2 seasons regardless whereas City believe we'll be clear of sanctions after this season so who's correct nobody knows.
LoveCity said:Didn't realise these sanctions are repeated next summer. Are they really? That would be ridiculous IMO but UEFA's blatant attempt to stall our progress would make it unsurprising. We just have to hope our players maintain their level and major investment isn't needed next summer. UEFA are probably pissed at how well we seem to be maneuvering around our limits, signing good talents while staying in the boundaries. But it restricts us if we really want to go for a world class marquee signing.
this thread is going into one of its time loops again. I clearly remember a consensus forming that the £49m nett cap was for this window only, based on the OS statement and lack of any challenge to its accuracy from the UEFA nasties.FanchesterCity said:LoveCity said:Didn't realise these sanctions are repeated next summer. Are they really? That would be ridiculous IMO but UEFA's blatant attempt to stall our progress would make it unsurprising. We just have to hope our players maintain their level and major investment isn't needed next summer. UEFA are probably pissed at how well we seem to be maneuvering around our limits, signing good talents while staying in the boundaries. But it restricts us if we really want to go for a world class marquee signing.
It's not so much 'repeated' as a two year sanction. But if we break even this year (as we should) then the sanctions are relaxed. Depends how you want to look at it, but it's not a double whammy for failing to break even next year, it's just we won't get it reduced unless we do break even.
It is 31st of May so when Soriano and Khaldoon said we were on course to break even recently then they would have had a good idea then.I'm no cynic said:If I can ask a question here, when does City's financial year end? Am I correct in thinking that it is 31st May of each year, in which case the Chairman will have a good idea as to whether we broke even as expected during 2013/14 season?
ManCityX said:According to City there are zero sanctions from the end if this coming season if/when we break even.
Fanchester's comments aren't accurate.
"The nature of conditions that will result in the lifting of sanctions means that the Club expects to be operating without sanction or restriction at the commencement of the 2015-16 season.
Importantly all non-financial sanctions agreed to would have been complied with as a natural course of the Club’s planned business operations."
It was you that emphasised the word 'if' by capitalising it.FanchesterCity said:ColinLee said:What a strange thing to post...FanchesterCity said:I think it's two seasons, yes, but 1 year suspended (without googling to look it up).
The theory is, that IF we are telling the truth / are right, and we'll break even this season (to UEFA's satisfaction), then the second year sanctions won't happen.
Essentially they've punished us 'full whack' but if we do as we've promised, we'll not have to serve / pay the full whack.
Besides we can be €20 million in arrears this year and €10 million next.
It's £49 million NET for the year and no, you can't take leftover money over into next year. There's also no clever little getouts like paying part now and part next year.
UEFA say the transfer cap is for 2 seasons regardless whereas City believe we'll be clear of sanctions after this season so who's correct nobody knows.
I think you're reading too much into the 'telling the truth' part.
It's simply 'if it turns out to be true / correct'. If we fail, then we will have not told the truth (which isn't a deliberate lie, just an incorrect prediction).
Depending on your definition of 'this year' we're allowed to be €20 million in arrears this year(the financial year that actually ended in May this year) and €10 million next May. City stated that we would have broke even last May (2014 although the unexpected withdrawal of the CL money may affect that) and be in profit next May.FanchesterCity said:LoveCity said:Didn't realise these sanctions are repeated next summer. Are they really? That would be ridiculous IMO but UEFA's blatant attempt to stall our progress would make it unsurprising. We just have to hope our players maintain their level and major investment isn't needed next summer. UEFA are probably pissed at how well we seem to be maneuvering around our limits, signing good talents while staying in the boundaries. But it restricts us if we really want to go for a world class marquee signing.
It's not so much 'repeated' as a two year sanction. But if we break even this year (as we should) then the sanctions are relaxed. Depends how you want to look at it, but it's not a double whammy for failing to break even next year, it's just we won't get it reduced unless we do break even.
I'm hoping City's version is more accurate but UEFA still state online http://www.uefa.org/MultimediaFiles...ncialControl/02/10/69/00/2106900_DOWNLOAD.pdfManCityX said:According to City there are zero sanctions from the end if this coming season if/when we break even.
Fanchester's comments aren't accurate.
"The nature of conditions that will result in the lifting of sanctions means that the Club expects to be operating without sanction or restriction at the commencement of the 2015-16 season.
Importantly all non-financial sanctions agreed to would have been complied with as a natural course of the Club’s planned business operations."
All other sanctions have the caveat that the 2nd year will be lifted if we pass their specific FFP regulations.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.