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

[McfcMK]

Here's the reason FFP will be curtailed.

http://www.soccerticketsonline.com/ac-milan-report-record-91-million-euro-loss/

Unrelated but I wonder why they make the banners in English rather than Italian.

 

[gordondaviesmoustache]

Here's the reason FFP will be curtailed.

http://www.soccerticketsonline.com/ac-milan-report-record-91-million-euro-loss/

Fuck AC Milan.

 

[squirtyflower]

Here's the reason FFP will be curtailed.

http://www.soccerticketsonline.com/ac-milan-report-record-91-million-euro-loss/

Fuck AC Milan.

Didn't they have a chance of selling a player for a hundred million pounds but let him go for around fifty instead

 

[stony]

Here's the reason FFP will be curtailed.

http://www.soccerticketsonline.com/ac-milan-report-record-91-million-euro-loss/

Fuck AC Milan.

Didn't they have a chance of selling a player for a hundred million pounds but let him go for around fifty instead

They bottled it.

 

[Combat Carl]

Fuck AC Milan.

Didn't they have a chance of selling a player for a hundred million pounds but let him go for around fifty instead

They bottled it.

And we dodged a bullet. I do miss Gary Cook though.

 

[M18CTID]

Didn't they have a chance of selling a player for a hundred million pounds but let him go for around fifty instead

They bottled it.

And we dodged a bullet. I do miss Gary Cook though.

As much as Cook got widely criticised and scoffed at for his "bottled it" comment, he was absolutely bang on the money. Milan hadn't legislated for the reaction of thousands and thousands of their fans at the news of Kaka's proposed transfer to us and during this huge outpouring of emotion felt it was better to pull out of the deal. Fast forward a few months to the end of the season and while AC Milan's fans are enjoying their summer holidays, the bottlers decided to sell him to Real Madrid at a time where the fans couldn't do anything to protest against the sale especially as Kaka was away in South America on international duty. Not exactly much point in turning up outside his apartment this time round when he's thousands of miles away.

 

[SilverFox2]

Here's the reason FFP will be curtailed.

http://www.soccerticketsonline.com/ac-milan-report-record-91-million-euro-loss/

How fortunes change.

Forgive my ignorance but presumably FFP has not been responsible for their demise ?
Certainly they will have problems should their fortunes change on the field but FFP seems not to be an issue for them via CL next season.

Presumably any future investment is likely to come from say Chinese investors so a rule change is necessary to allow an 'FFP legal' recovery period as and when they recover on the field.

Conversely, would UEFA (as rule makers for the cartel) have any sentiment for bailing out historical allies unless others with influence feel that their circumstances are following a similar pattern ?.

 

[Damocles]

Italian football has been on the wane now for two decades with a slight bump/resurgence about 10 years ago.

There's a variety of issues surrounding it but FFP was the bullet for the horse with a broken leg.

 

[SilverFox2]

Italian football has been on the wane now for two decades with a slight bump/resurgence about 10 years ago.

There's a variety of issues surrounding it but FFP was the bullet for the horse with a broken leg.

Thanks D. but does that apply to Italian football generally or just the affected club particularly ?

 

[Damocles]

Italian football has been on the wane now for two decades with a slight bump/resurgence about 10 years ago.

There's a variety of issues surrounding it but FFP was the bullet for the horse with a broken leg.

Thanks D. but does that apply to Italian football generally or just the affected club particularly ?

Italian football in general. It has a lot of social problems involving the ownership of many of their stadiums, the ticket prices/general relationship with fans and specifically the revenue split. Italian clubs are heavily dependent on TV revenue and their commercial revenues are behind many of the top clubs. Unfortunately they are also trying to compete on the same revenue landscape as the top clubs, so they have all of the costs with none of the income.

The top teams over there have lost money for many years but their owners have generally propped them up. As FFP came in and it disallowed this type of investment, it banned this practice but the problem is really that they needed propping up in the first place rather than that they were propped up.

This isn't an Italian only problem and if you ignore England, France, Spain and Germany for a minute then this exact problem is replicated in almost every league across the continent. There was a great report put out by UEFA in 2008 (before FFP was decided) showing the extent of the problem. There is a 99% competitive advantage between the top 10 spending clubs in a league and the next 10.

FFP was bastardised and warped into a perverted mess by agendas and politiking in UEFA but the root issue that clubs were both struggling to keep themselves afloat and the competitive advantage given to the biggest spending clubs really is a concerning issue

 

[SilverFox2]

Italian football has been on the wane now for two decades with a slight bump/resurgence about 10 years ago.

There's a variety of issues surrounding it but FFP was the bullet for the horse with a broken leg.

Thanks D. but does that apply to Italian football generally or just the affected club particularly ?

Italian football in general. It has a lot of social problems involving the ownership of many of their stadiums, the ticket prices/general relationship with fans and specifically the revenue split. Italian clubs are heavily dependent on TV revenue and their commercial revenues are behind many of the top clubs. Unfortunately they are also trying to compete on the same revenue landscape as the top clubs, so they have all of the costs with none of the income.

The top teams over there have lost money for many years but their owners have generally propped them up. As FFP came in and it disallowed this type of investment, it banned this practice but the problem is really that they needed propping up in the first place rather than that they were propped up.

This isn't an Italian only problem and if you ignore England, France, Spain and Germany for a minute then this exact problem is replicated in almost every league across the continent. There was a great report put out by UEFA in 2008 (before FFP was decided) showing the extent of the problem. There is a 99% competitive advantage between the top 10 spending clubs in a league and the next 10.

FFP was bastardised and warped into a perverted mess by agendas and politiking in UEFA but the root issue that clubs were both struggling to keep themselves afloat and the competitive advantage given to the biggest spending clubs really is a concerning issue

Thanks again D.

So UEFA were fully aware of the problem and its potential extent yet they deliberately skewed the rules to exaggerate its effect on new money clubs (say City and PSG) knowing full well this made others more vulnerable ?

If so, are they likely to be sympathetic to the problems of Italy generally given their indifference to other European Leagues ?

Will they be glad to rid themselves of the Italian problems you describe or will they be frightened that they will find a way to form a breakaway football organisation that may threaten their overall control of European football ?
I suppose it depends on how greedy the current very profitable clubs are.

 

[fbloke]

Thanks D. but does that apply to Italian football generally or just the affected club particularly ?

Italian football in general. It has a lot of social problems involving the ownership of many of their stadiums, the ticket prices/general relationship with fans and specifically the revenue split. Italian clubs are heavily dependent on TV revenue and their commercial revenues are behind many of the top clubs. Unfortunately they are also trying to compete on the same revenue landscape as the top clubs, so they have all of the costs with none of the income.

The top teams over there have lost money for many years but their owners have generally propped them up. As FFP came in and it disallowed this type of investment, it banned this practice but the problem is really that they needed propping up in the first place rather than that they were propped up.

This isn't an Italian only problem and if you ignore England, France, Spain and Germany for a minute then this exact problem is replicated in almost every league across the continent. There was a great report put out by UEFA in 2008 (before FFP was decided) showing the extent of the problem. There is a 99% competitive advantage between the top 10 spending clubs in a league and the next 10.

FFP was bastardised and warped into a perverted mess by agendas and politiking in UEFA but the root issue that clubs were both struggling to keep themselves afloat and the competitive advantage given to the biggest spending clubs really is a concerning issue

Thanks again D.

So UEFA were fully aware of the problem and its potential extent yet they deliberately skewed the rules to exaggerate its effect on new money clubs (say City and PSG) knowing full well this made others more vulnerable ?

If so, are they likely to be sympathetic to the problems of Italy generally given their indifference to other European Leagues ?

Will they be glad to rid themselves of the Italian problems you describe or will they be frightened that they will find a way to form a breakaway football organisation that may threaten their overall control of European football ?
I suppose it depends on how greedy the current very profitable clubs are.

As we know the attack on owner investment whilst choosing to ignore debt (in fact FFP, contrary to the general line tripped out, encourages clubs to add debt rather than get owners to write it off) was more political than financial.

What amazes me is how many supposedly clever men at top clubs coudnt see what many of us fans could and now they are stating to bleat about it.

As for Italian footy Dam' is right in what he says but its also a case of FFP coming along when the owners over there desperately wanted to stop spending on players as their stadiums were crumbling (post Italia 90 investments.) and local and national governments werent going to pay that bill again.

Lets also not forget that the noise made about 'state support' of footy clubs meant that it would be against FFP if stadiums were built/repaired/upgraded by local or national governments in the way that Spanish and Italian clubs have historically done.

 

[avoidconfusion]

Don't despair, Karl Heinz Rummenigge is already devising a plan to save AC Milan because they deserved to be saved because of... history. ;-)

 

[Damocles]

Don't despair, Karl Heinz Rummenigge is already devising a plan to save AC Milan because they deserved to be saved because of... history. ;-)

See he slagged off Atletico the other day aswell and said that he was really pleased they were out of the CL now so that Bayern can play a proper football team.

Oh and said that there's "no way Guardiola would join a club like Man City"

The guy is petrified that the new order are knocking down the establishment and so he fucking should be

 

[paulchapo]

Don't despair, Karl Heinz Rummenigge is already devising a plan to save AC Milan because they deserved to be saved because of... history. ;-)

See he slagged off Atletico the other day aswell and said that he was really pleased they were out of the CL now so that Bayern can play a proper football team.

Oh and said that there's "no way Guardiola would join a club like Man City"

The guy is petrified that the new order are knocking down the establishment and so he fucking should be

An arrogant bellend who stands out even in a club full of them. On his basis we should all just fuck off and let Bayern, Real Madrid, Barcolona,the rags and Chelsea/Liverpool share out the prizes every year which aside from the last couple of years has been happening anyway.

 

[Jack Wills]

Rummenigge was a brilliant player, but in terms of the modern game and its development he's an irrelevant old man.

It's just his era isn't it, he's nostalgic for the old order with the likes of AC Milan, Liverpool, etc and of course his own club. If you asked an octogenarian he'd probably say Wolves, Steaua Bucharest, Torino, etc should be winning everything.

It'll take a while but eventually City will be considered on the same level as Barca, Real, Bayern; but we do need to win the CL before a lot of the old guard accept us. If we keep fucking up transfer windows we'll struggle to do that anytime soon though.

 

[BluessinceHydeRoad]

Platini says FFP was introduced because of the levels of debt existing in European club football and Professor Weatherill is of the opinion that the only tenuous legal defence of FFP can be to present it as a response to these levels of debt. Then facts smash all this to pieces. Platini decides that the only club to be hammered is about the only debt free club in Europe. Milan's debt grows to the level of a mid-size country but UEFA does nothing at all because the club won't be in any UEFA competition next season - otherwise the fine should be another 200 million euros! Perhaps Platini could reassure us allagain why FFP is a) necessary and b) legal.

 

[Rolee]

Rummenigge was a brilliant player, but in terms of the modern game and its development he's an irrelevant old man.

It's just his era isn't it, he's nostalgic for the old order with the likes of AC Milan, Liverpool, etc and of course his own club. If you asked an octogenarian he'd probably say Wolves, Steaua Bucharest, Torino, etc should be winning everything.

It'll take a while but eventually City will be considered on the same level as Barca, Real, Bayern; but we do need to win the CL before a lot of the old guard accept us. If we keep fucking up transfer windows we'll struggle to do that anytime soon though.

The thing is Jack he's not irrelevant at all. As chairman of the ECA he's a very powerful and dangerous adversary.

 

[jrb]

Platini and UEFA carrot and stick.

Hull City hit by £145k UEFA fine for breaking Financial Fair Play rules

Fair Play (FFP) rules, UEFA have confirmed. The Tigers reached a settlement agreement with the European game’s governing body after failing to comply with “break-even” regulations. City have also been given until December 31, 2015 to show full compliance or risk a further 400,000 Euro (£290,000) punishment.<a class="postlink" href="http://www.hulldailymail.co.uk/Hull-...ail/story.html" onclick="window.open(this.href);return false;">http://www.hulldailymail.co.uk/Hull-...ail/story.html</a>

There you have it. Win a place in their invite only competition and your welcome is an instant fine and another possible fine if you don't comply with their FFP rules. And where does that fine go? It goes to the richest clubs who have passed FFP, even though they carry debt worth 100's millions.

#theUEFAfootballfamily

 

[whp.blue]

Here's the reason FFP will be curtailed.

http://www.soccerticketsonline.com/ac-milan-report-record-91-million-euro-loss/

Fuck AC Milan.

How did they vote regarding FFP?