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

[M18CTID]

I'm not actually sure this is a good thing for us.

I personally believe the way FFP was squeezing everyone, our owners and powers that be had found perfectly legitimate ways to circumvent the 'fair play' rule.

Many on here were suggesting a likely spend of circa £100 million this year. If true we would have been competing with Chelsea, United, Madrid and Bayern for players. Now PSG are back in, others can now join the party.

I believe UEFA thought they'd found a way to stop us, but our revenue making machine and CFG were making a mockery of FFP and our revenues weren't far off surpassing our rivals. We would have been within our own rights to up our Etihad deal.

The shirt & stadium sponsorship deal is only worth £25.5 million per annum, way under valued,with inflation of TV revenues going through the roof, our hand was very strong. Due to the popularity of the Prem could have seen us double that deal fairly.

We'd beat FFP in the main, it was now protecting us. I fear this is why there's been the lifting of certain rules.

Fuck that, I hope Sunderland,Leicester and Bournemouth get taken over by multi billionaires along with 2 or 3 clubs in every fucking major league just to watch the self entitled, arrogant, whiny, deluded c**ts shit themselves when they realise their Champions League spots will never, ever be safe again.

Surely West Ham have got to be the best bet for a takeover by a rich owner? Large loyal support base, 12 months away from moving into a 54,000 seater stadium, and of course being located in London which gives them almost limitless potential on the corporate hospitality side. Spurs in particular will be shitting it but even Arsenal and Chelsea could be under threat long-term. Bring it on!

 

[Paul Lake's Left Knee]

This comment is sadly all too typical of our new breed of middle-class supporter.

I know its disgusting Gordon, he clearly doesnt know where the trade goes.

Not true, when I saw him last week he was extolling the virtues of the hedgehog gutter brush.

What he does in the confines of his bedroom is between him and his internet connection.

 

[Bodicoteblue]

Straight in there wasn't he?

"this just leaves the door open for Man City to spend what they want"

"the billionaires have more power than UEFA"

No mention that it's the Italian clubs lobbying for change.

I absolutely detest the woman beating, sexual deviant. His voice makes my ears bleed.

A month or two back he was saying how it needed to be thrown out and it was a pure elitist rule.

Stanley is only a puffed up talksh*t mouthpiece.
I like his line about billionaires having more power than uefa.
Was it the billionaires who leant on uefa to get the CL restructured for their own huge benefit?
Was it the billionaires who leant on uefa to get FFP brought in to save their own financial skins?
And who does he think is behind this climb-down at uefa? It's either some of his mates at the old G14 who have just noticed that they are about to become victims of their own conniving and scheming , and now want things changed,and have broken ranks, not any billionaires. Or it's the lawyers , who have pointed out to platini the error Of being led by the nose by Gill , Rummenigge, and the other old boys, not any billionaires.
Answers on a postcard to Talksh*t towers.

 

[aguero93:20]

I'm not actually sure this is a good thing for us.

I personally believe the way FFP was squeezing everyone, our owners and powers that be had found perfectly legitimate ways to circumvent the 'fair play' rule.

Many on here were suggesting a likely spend of circa £100 million this year. If true we would have been competing with Chelsea, United, Madrid and Bayern for players. Now PSG are back in, others can now join the party.

I believe UEFA thought they'd found a way to stop us, but our revenue making machine and CFG were making a mockery of FFP and our revenues weren't far off surpassing our rivals. We would have been within our own rights to up our Etihad deal.

The shirt & stadium sponsorship deal is only worth £25.5 million per annum, way under valued,with inflation of TV revenues going through the roof, our hand was very strong. Due to the popularity of the Prem could have seen us double that deal fairly.

We'd beat FFP in the main, it was now protecting us. I fear this is why there's been the lifting of certain rules.

Fuck that, I hope Sunderland,Leicester and Bournemouth get taken over by multi billionaires along with 2 or 3 clubs in every fucking major league just to watch the self entitled, arrogant, whiny, deluded c**ts shit themselves when they realise their Champions League spots will never, ever be safe again.

Surely West Ham have got to be the best bet for a takeover by a rich owner? Large loyal support base, 12 months away from moving into a 54,000 seater stadium, and of course being located in London which gives them almost limitless potential on the corporate hospitality side. Spurs in particular will be shitting it but even Arsenal and Chelsea could be under threat long-term. Bring it on!

Them too.

 

[kippax4ever]

Liverpool Echo


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Liverpool owner John W Henry has been a strong supporter of FFPLiverpool owner John W Henry before kick-off
The financial fair play rules that saw Manchester City handed a huge fine by UEFA last season are set to be relaxed – in a move that will be a major disappointment to Liverpool FC’s owners.

John Henry and Fenway Sports Group have made no secret of their support for FFP which they believed offered a better chance of their live-within-your-means approach to ownership flourishing compared to those clubs underpinned by wealthy individuals like Chelsea and Manchester City.

Just last year Liverpool’s principal owner Henry said the “biggest challenge for us has been the ignoring of Financial Fair Play”.

“It makes it very difficult to compete, but by the same token there are many clubs who can’t compete at Liverpool’s level. So I guess I shouldn’t complain that vociferously.

“It’s challenging, it makes it difficult. There are only four Champions League spots, we have three teams that seem to have unlimited budgets, at least two so it’s challenging,” he told the BBC.

In February this year Liverpool were cleared of any breach of FFP after the club made a loss of £49.8million for the 2012/13 season, and £40.5m for the 10-month period before that.


The Anfield hierarchy were able to write off a big chunk of losses as allowable stadium expenditure, with £35m coming from former co-owner Tom Hicks’ scrapped plan to build a new stadium on Stanley Park.

Liverpool chief executive Ian Ayre reiterated that the club “have always been supportive of the principles of FFP.”

But UEFA is expected to announce next month that the FFP rules will be eased to allow more owner investment – a move that will aim to nullify more than 10 legal challenges the European governing body is now facing.

It will also hand a huge boost to City in terms of challenging for honours next season if restrictions on spending on transfers are watered down. It will mean owners of clubs who do make a loss will be able to cover those losses with injection of equity – but not loans.

UEFA president Michel PlatiniUEFA president Michel Platini
Platini - I think we will ease things
Some clubs, including City, have argued that the FFP rules favour established clubs because they effectively prevent wealthy owners taking over a club and pumping in huge sums of money over a short period.

That scenario happened with City and Paris St Germain and both were handed £49m fines and transfer restrictions last season, and the European Clubs’ Association has been putting pressure on UEFA for a change.

UEFA president Michel Platini has revealed some of the rules will be “eased” – and the lawyer leading one of the legal challenges against the FFP system has welcomed the move.

Platini told French radio station RTL: “The world is two-faced but we will say this openly: I think we’ll ease things, but it will be the executive committee who will decide if it is to be eased and the outcome will be known by the end of June.

“I think the regulations have been very good and it is the clubs who voted for FFP.

“But the French press say it is not right that [Chelsea owner Roman] Abramovich can buy many players and in France they can not buy them. But if the Qataris had bought AC Milan the French would also say we should make financial fair play even tougher.”

Official opening of Manchester City FC new academy. MCFC Group Chairman He Khaldoon Al Murbarak.
Jean-Louis Dupont, the lawyer leading the legal action against UEFA, said in a statement: “We welcome the announcement of a change in the rules in line with the demands expressed by our clients in their various legal actions.

“When the exact content and scope of these changes are known, we will consider with our clients how this development, which on first sight appears favourable, is likely to meet their legitimate expectations and influence the conduct of ongoing actions.”

Manchester City chairman Khaldoon Al Mubarak last year claimed that history would prove that his model of heavy investment in the club at all levels is the right one.

Khaldoon said in May: “We have zero debt. We don’t pay a penny to service any debt. For me, that is a sustainable model. However, our friends at UEFA seem to believe otherwise.

“They have their view, we have ours. I disagree with their views, but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club and fans,

 

[gordondaviesmoustache]

I know its disgusting Gordon, he clearly doesnt know where the trade goes.

Not true, when I saw him last week he was extolling the virtues of the hedgehog gutter brush.

What he does in the confines of his bedroom is between him and his internet connection.

Tell that to Gary Glitter.

 

[Pam]

Was wondering what set the twats Bayern off the other day with all that no history shit. Now we know.

 

[abu13]

Somebody just asked the question.

Can't find the post.

That is correct.

And there you have it folks. One of the cartel clubs needs investment from a billionaire to compete, and shortly afterwards Platini drops an unexpected bombshell.

May 2nd.

Thai investor Bee Taechaubol said he reached an agreement in principle to buy a stake in the AC Milan soccer team from former Italian Prime Minister Silvio Berlusconi’s Fininvest SpA. <a class="postlink" href="http://www.bloomberg.com/news/articles/2015-05-02/berlusconi-says-he-s-in-talks-to-sell-minority-stake-in-ac-milan" onclick="window.open(this.href);return false;">http://www.bloomberg.com/news/articles/ ... n-ac-milan</a>

Thats the one, thanks for the link JRB.

 

[gordondaviesmoustache]

Manchester City chairman Khaldoon Al Mubarak last year claimed that history would prove that his model of heavy investment in the club at all levels is the right one.

Khaldoon said in May: “We have zero debt. We don’t pay a penny to service any debt. For me, that is a sustainable model. However, our friends at UEFA seem to believe otherwise.

“They have their view, we have ours. I disagree with their views, but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club and fans,

That's got to be my favourite quote from our Chairman. Full of menacing intent.

 

[Pam]

Official opening of Manchester City FC new academy. MCFC Group Chairman He Khaldoon Al Murbarak.
Jean-Louis Dupont, the lawyer leading the legal action against UEFA, said in a statement: “We welcome the announcement of a change in the rules in line with the demands expressed by our clients in their various legal actions.

“When the exact content and scope of these changes are known, we will consider with our clients how this development, which on first sight appears favourable, is likely to meet their legitimate expectations and influence the conduct of ongoing actions.”


“They have their view, we have ours. I disagree with their views, but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club and fans,

"Legitimate expectations". They are on the run.

 

[gazbaz]

Manchester City chairman Khaldoon Al Mubarak last year claimed that history would prove that his model of heavy investment in the club at all levels is the right one.

Khaldoon said in May: “We have zero debt. We don’t pay a penny to service any debt. For me, that is a sustainable model. However, our friends at UEFA seem to believe otherwise.

“They have their view, we have ours. I disagree with their views, but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club and fans,

That's got to be my favourite quote from our Chairman. Full of menacing intent.

I know what you mean, I always get the feeling that it's probably best not to mess with Khaldoon. Even if he does think it's a muffin.

 

[Pam]

Rag twunts on Sad Caf still going on about how Twatini has taken a City/PSG bribe. Too funny.

 

[Shirley]

It will be slightly annoying that the underlying narrative for our spending this summer will be this putative change in the form of FFP, whereas the reality is we'd broken the back of it to the point we could spend liberally in any event.

Not that what the narrative is really makes much difference tbh.

Even now we are on the verge of breaking even you still get ignorant mentally incapacitated troglodytes spewing the following -

"you're only breaking even because you're owners arab mates sponsor your socks for £300,000,000 a day"

We'll never get any credit no matter what we do.

When you have professional trolls such as Nick Harris at the daily fail stirring the shit then we will never get any credit.
I'm not even copy and pasting the article it is that pathetic.

 

[blueinsa]

Manchester City chairman Khaldoon Al Mubarak last year claimed that history would prove that his model of heavy investment in the club at all levels is the right one.

Khaldoon said in May: “We have zero debt. We don’t pay a penny to service any debt. For me, that is a sustainable model. However, our friends at UEFA seem to believe otherwise.

“They have their view, we have ours. I disagree with their views, but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club and fans,

That's got to be my favourite quote from our Chairman. Full of menacing intent.

Its the one thing I have kept in mind ever since and when it seemed they had managed to fuck us over, remembered it and smiled to myself.

 

[gordondaviesmoustache]

Manchester City chairman Khaldoon Al Mubarak last year claimed that history would prove that his model of heavy investment in the club at all levels is the right one.

Khaldoon said in May: “We have zero debt. We don’t pay a penny to service any debt. For me, that is a sustainable model. However, our friends at UEFA seem to believe otherwise.

“They have their view, we have ours. I disagree with their views, but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club and fans,

That's got to be my favourite quote from our Chairman. Full of menacing intent.

Its the one thing I have kept in mind ever since and when it seemed they had managed to fuck us over, remembered it and smiled to myself.

What a time to be a blue.

 

[BlueMoonz1977]

Oh I am loving my evening tonight...... not read any news all day but have come home to the delights that FFP has been identified for what it actually was.

Basically the likes of united and Liverpool throwing their toys out the prams and wanting to put in a law that dictates others how to run our club (and also PSG).

The manure fans are not taking it too well though LOL

 

[blueinsa]

That's got to be my favourite quote from our Chairman. Full of menacing intent.

Its the one thing I have kept in mind ever since and when it seemed they had managed to fuck us over, remembered it and smiled to myself.

What a time to be a blue.

In fairness mate, its always been a great time to be a blue as success on the pitch has never been the defining thing for any of us.

We were there when we were shit as never been a more apt ditty to describe us as a set of fans and if the bottom fell out tomorrow, it would be the exact same thing again.

Possibly with a few more smiles on faces as success brings a pressure some seem unable to handle to be honest.

 

[Sergi0 Na5r1]

Can't tell whose more pissed off at this raggies or the candlelighters?

Some PSG love from Platini probably had a role in lifting it as well as AC and Inter being stuck in midtable forever. But I'm loving the reactions to this.

 

[ManCityJordan]

I hope now all them daft Villa/Newcastle/Spurs/Everton fans will finally realise that this benefits their club and gives them a chance of being took over.

 

[Pam]

Some of them are clinging to the forlorn belief that this is merely a tweak. Have they READ what Twatini has said? Does this sound like a tweak to you?:-

“The world is two-faced but we will say this openly: I think we’ll ease things, but it will be the executive committee who will decide if it is to be eased or something like that, and the outcome will be known by the end of June,” said Platini in an interview with French radio station RTL.

“I think the regulations have been very good and it is the clubs who voted for FFP. But the French press say it is not right that Abramovich can buy many players and in France they cannot buy them. But if the Qataris had bought AC Milan the French would also say we should make financial fair play even tougher. As it is, the Italians wanted it eased.”

Uefa is facing at least 10 separate legal challenges over FFP. Jean-Louis Dupont, the lawyer leading the cases, welcomed the potential changes.

The bitterness in his remarks about the Italians and the French press tells you that.