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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
everythingchangesbutblue
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I've noticed a few rawkshites have immediately changed their stance. They now realise that FSg will not be happy if the rules are slackend and now want them to sell up to the Chinese.
LoveCity said:Anyone considered that they may still try to screw us by imposing a rule like 'only new investors may spend x amount of money for x years', thus shutting out those who have had cash rich investors for a while - empowering the likes of Milan (if they get bought) and Inter, but not City and PSG?
Na.
EL APACHE TEVEZ
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@BluePhil8 said:EL APACHE TEVEZ said:Anyone catch what that bloke on talkshite was saying about FFP,any club who has a benefactor with NO debt will be exempt from FFP ??
So we could spend £500m if we wanted?
Yes,because it would be coming out of HRH sheikh mansours piggy bank.
Sleeping_Easy
Well-Known Member
aguero93:20 said:Sleeping_Easy said:If UEFA relax their regulations does that mean the premier league will then follow suit or are these two sets of regulations completely independent of each other?
You can bet they will if they think their form of FFP is damaging their representatives chances in Europe. But seeing as yank profiteers own enough PL clubs to veto any meaningful changes it's unlikely imo.
So if they premier league clubs don't vote through the changes we could still be in same position as before?
LoveCity said:Anyone considered that they may still try to screw us by imposing a rule like 'only new investors may spend x amount of money for x years', thus shutting out those who have had cash rich investors for a while - empowering the likes of Milan (if they get bought) and Inter, but not City and PSG?
Not until you bloody mentioned it I didn't!
Gorton_Tubster
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As I see it they're running scared of litigation and falling foul of EU law. They will give only as much as they have to and the EU power clubs will bring in something else to stop PSGs and Man Citys from joining their exclusive club.
gazzaa2 said:Even if UEFA do away with it, it's still been voted through at EPL level.
The PL's version is much less restrictive in terms of owner investment and essentially allows him to buy a corporate box for £1 billion if he wanted to which would allow us to spend that much. The PL has the much more financially sensible version that limits growth based on reckless spending but doesn't limit growth
tramazi said:As I see it they're running scared of litigation and falling foul of EU law. They will give only as much as they have to and the EU power clubs will bring in something else to stop PSGs and Man Citys from joining their exclusive club.
The ship had sailed, bitches.
fbloke said:A mate has suggested that debt will be back on the agenda.
They want to force debt off clubs' books if they are to allow owner investment.
Exactly as it should have been.
Cheslea are fahooked if true.
Na, they'll just buy another 47 players and farm them out to everyone.
JoeMercer'sWay
Well-Known Member
Damocles said:LoveCity said:Anyone considered that they may still try to screw us by imposing a rule like 'only new investors may spend x amount of money for x years', thus shutting out those who have had cash rich investors for a while - empowering the likes of Milan (if they get bought) and Inter, but not City and PSG?
Not until you bloody mentioned it I didn't!
We don't need Sheikh Mansour to pump hundreds of millions in anymore, not that they would be allowed to discriminate between current owners and new owners.
"Certainly, Kraft, you can spend hundreds of millions now you've taken over Cadbury, but Nestle, you haven't been taken over for a while, you can't spend any shareholder investment".
fbloke said:A mate has suggested that debt will be back on the agenda.
They want to force debt off clubs' books if they are to allow owner investment.
Exactly as it should have been.
Cheslea are fahooked if true.
Can't imagine Abramovich will do anything but a debt-to-equity conversion there. No way he'll allow Chelsea to fail FFP or lose his investment for the sale of a loan that he will never really call in
Barcon
Well-Known Member
Prestwich_Blue said:That's effectively what we've done except we've been given the money rather than saved it.FanchesterCity said:Here's a question....
Suppose a club (either in CL or not) decided to reign in their spending, and instead 'saved up' for 3-5 years and managed to save 250m quid.
Then with their savings, they decided to have a spending spree one summer... and blow the lot on a couple of marquee players.
Now, their revenue MIGHT be relatively small, but they've saved up. How would UEFA deal with that situation where they spending precisely what they've earned, but over the monitoring their revenue might only be 150m and they're spending 250m.
I don't know how FFP handles this situation, does anybody else know?
So the answer is that if they play in Manchester and wear blue, they'd get fined and have other sanctions imposed. If, on the other hand they play in Manchester and wear red...
They are playing an away match?
Re: City & FFP (continued)
Abramovitch will just write the debt of I presume seeing as he loves the club that much ;)
fbloke said:A mate has suggested that debt will be back on the agenda.
They want to force debt off clubs' books if they are to allow owner investment.
Exactly as it should have been.
Cheslea are fahooked if true.
Abramovitch will just write the debt of I presume seeing as he loves the club that much ;)
BlueRockape
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waspish said:fbloke said:A mate has suggested that debt will be back on the agenda.
They want to force debt off clubs' books if they are to allow owner investment.
Exactly as it should have been.
Cheslea are fahooked if true.
Abramovitch will just write the debt of I presume seeing as he loves the club that much ;)
But will the shopkeepers ?
JoeMercer'sWay
Well-Known Member
Damocles said:gazzaa2 said:Even if UEFA do away with it, it's still been voted through at EPL level.
The PL's version is much less restrictive in terms of owner investment and essentially allows him to buy a corporate box for £1 billion if he wanted to which would allow us to spend that much. The PL has the much more financially sensible version that limits growth based on reckless spending but doesn't limit growth
the PL rules basically force owners to pocket TV money as it can't be used to increase salary bills etc.
However if I've understood it correctly, the PL rules need to be voted through again each time the TV deal gets done, I think the current rules only go up to the end of next season.
ninjamonkey
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As soon as i heard about this impending change my immediate thoughts were "i wonder which club has secretly told UEFA they are likely to break the rules in the near future?" United or Real Madrid would be my guess. It's failed at keeping us and PSG away from the big time, we're both soon to be in a position of strength, with no debt and huge increases in turnover. They've limited our impact for a few years, but from now on that shouldn't be an issue. I think they've realised that's the best they can do and now want to relax the rules so that the United's/Reals/Bayerns can go and spunk everything they have on new players.
ninjamonkey said:As soon as i heard about this impending change my immediate thoughts were "i wonder which club has secretly told UEFA they are likely to break the rules in the near future?" United or Real Madrid would be my guess. It's failed at keeping us and PSG away from the big time, we're both soon to be in a position of strength, with no debt and huge increases in turnover. They've limited our impact for a few years, but from now on that shouldn't be an issue. I think they've realised that's the best they can do and now want to relax the rules so that the United's/Reals/Bayerns can go and spunk everything they have on new players.
About mid season, there was suddenly all sorts of dark mutterings and threats coming out of PSG. Then silence until now.