City & FFP

Dribble

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They say owners are stopped from loading debt on the club it will be better for football. All the problems stem from there. Compare the owners at Liverpool and Utd to ours. Our owners have invested hugely the others simply take out. Happened to us prior to the takeover.
There's a major difference between planned investment and loading debt on a football club and the two couldn't be further apart.

Our model was always a period of heavy investment with the ultimate goal being self sustainability. Any debt was converted into equity so our club was never at risk. This was explained to UEFA, but they ploughed ahead with their attempts to stop us which led to our record fine.

BUT as was pointed out, as soon as the Italians who helped bring about FFP became victims of it themselves, FFP was amended to become what we suggested it should be in the first place. If a new owner wants a period of accelerated growth then show a business plan and a bank balance to prove you have the money and rules should be put in place to ensure any ensuing debt is levied against the owner and NOT the football club.

Funny this is how FFP has evolved JUST after we moved into self sustainability. The only thing I pray for now is that Platini receives a hefty prison sentence for being the crook he is. It would be funny watching him trying to plea bargain his way out of it by grassing up his fellow FFP conspiritors!
 
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waspish

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FFP is in the premier league one of the rules is you can only increase wages by a certain amount meaning if your on your limit you have to sell before buying.
 

BluessinceHydeRoad

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Gill's fingerprints are all over the so-called financial fair play regulations. UEFA chose not to ask an independent group of lawyers and football finance experts to propose regulations which would deal fairly with the financial problems facing football clubs but chose rather to charge David Gill - a director of the most heavily indebted club in the world which was Manchester City's bitterest rival - to come up with a scheme. Not surprisingly his scheme contained absolutely nothing of value and the whole lot is clearly contrary to European law. These regulations have not been relaxed at all but have been altered to increase the powers of patronage availablt to UEFA officials - with UEFA's permission some clubs will be allowed to break the "break even" rule so they can invest. This is what City were hammered for and I think we can all ask fairly important questions to which we know the answers already; which clubs will be allowed to overspend (and which won't - City have already been disqualified) and should UEFA in its present form - where the President and godfather of FFP has been banned for 8 years for receiving disloyal payment and other officials are under investigation for paying and/or accepting bribes - be trusted to regulate the conduct of any football club? The PL is alleged to have voted in favour of adopting these regulations at the insistence of Mr Gill and his allies from the other threatened giants, though the vote appears not to have conformed to procedural regulations in force in the PL. The football league adopted even more severe FFP regulations and we soon saw that their purpose was not to protect the financial stability of any club but rather to ruin any club which sought to invest to improve. In this case QPR was to face a fine almost as big as the investment in it.

What is frightening is not only the alacrity with which football clubs are prepared to break the law but the arrogance with which they seem to believe that they are above the law. Blatter may be learning that it isn't quite so straight forward when you try to order sovereign governments around but many football club chairmen and owners need to be taught a sharp lesson about the rights of investors and the majesty of the law. For years I had my own private fantasy of waking to scenes on Breakfast Time of Sepp Blatter and other FIFA officials being dragged away in chains. It hasn't quite come true YET, but it has actually given way to a fantasy (or vision) of Gill et al listening ashen faced to a judge informing them of the fines UEFA, they and their clubs must pay IMMEDIATELY for the many violations perpetrated by the cartel they called into existence.

Sock it to 'em, Leicester! Give 'em both barrels, Bournemouth!
 

jrb

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Originally posted by Slashman on the General Football thread.

Deserves an update on the main forum.

If you can't stop them, join them. ;-)

*According to a Bild report, Bayern are set to receive "several million euros" from the deal which will allow the airport to feature on advertising boards inside the Allianz Arena.



In January the Bundesliga club held their sixth consecutive winter training camp in Doha, and the club rejected criticism by politicians, media and fans by saying there was "no political statement" in holding a training camp in Qatar.

Bayern had been criticised for "authorising the actions" of the rulers in the Gulf state, which have been under close scrutiny for the human rights situation -- especially that of migrant workers in the country.

Bayern CEO Karl-Heinz Rummenigge called the "partnership an important step" in the club's "internationalisation strategy," and he also addressed the criticism in the official announcement on the club's homepage.

Rummenigge said: "Part of the cooperation is that we will together promote social projects and a dialogue over critical socio-political issues."
http://www.espnfc.com/bayern-munich...onfirm-doha-airport-sponsorship-deal-in-qatar*


Of course, Karl. You're such a caring and lying b******! Remind us once again what you, Uli, and Bayern in general have been saying about City since Sheikh Mansour bought the club.
 
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Pam

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19 Aug 2004
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rOriginally posted by Slashman on the General Football thread.

Deserves an update on the main forum.

If you can't stop them, join them. ;-)

*According to a Bild report, Bayern are set to receive "several million euros" from the deal which will allow the airport to feature on advertising boards inside the Allianz Arena.



In January the Bundesliga club held their sixth consecutive winter training camp in Doha, and the club rejected criticism by politicians, media and fans by saying there was "no political statement" in holding a training camp in Qatar.

Bayern had been criticised for "authorising the actions" of the rulers in the Gulf state, which have been under close scrutiny for the human rights situation -- especially that of migrant workers in the country.

Bayern CEO Karl-Heinz Rummenigge called the "partnership an important step" in the club's "internationalisation strategy," and he also addressed the criticism in the official announcement on the club's homepage.

Rummenigge said: "Part of the cooperation is that we will together promote social projects and a dialogue over critical socio-political issues."
http://www.espnfc.com/bayern-munich...onfirm-doha-airport-sponsorship-deal-in-qatar*


Of course, Karl. You're such a caring and lying b******! Remind us once again what you, Uli, and Bayern in general have been saying about City since Sheikh Mansour bought the club.
Hypocritical twat extraordinare. Truly Munich are German Rag FC
 

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