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

[Pablo ZZZ Peroni]

Not what was stated and shared on here at the time of tribunal? I recall us accepting Etihad as a related party for a particular reason.

Stage 1 was the UEFA settlement in 2014.
PWC went after all the Abu Dhabi sponsorships, used an independent firm to assess "fair value" and said they were "related" companies. Using there own research Etihad was more or less deemed to be fair value so not a problem. It was a problem with 3 other sponsors where "fair value" wasn't met.

City told them to fuck off anyway and Etiahad and the rest have been treated as non related ever since but we had to cap the sponsorship fees on a couple whilest under the settlement regime.

Stage 2 UEFA knew they didn't have a leg to stand-on if it went to court but didn't like (or rather G14 didn't like) we had exposed a weakness in their own rules. So the rules were changed in 2015 and our sponsorship from Abu Dhabi companies has been capped at 30% of income. If exceeded they are treated as related and subject to fair value.

 

[tolmie's hairdoo]

I believe that 1 club is more equal than the rest. Us.
We are light years ahead of them all.

Perhaps on the way we conduct our business, yet we still felt no option but to run up the same flag pole as the rest of the Super League teams.

The fact we were invited so late to the party tells you we are a long way from being a driver, the established order will continue to attempt to thwart our progression on and off the pitch.

 

[Blue Llama]

Morals of an alley cat, and these bastads take the high ground FFS !

Perhaps Newcastle could be persuaded to use some of their wealth to employ a campaign manager, PR company, a top class lobbyist and relevant charities etc to swing the government towards banning all advertising, sponsorship and any funds that are derived from betting. Or at least demonstrate to the 18 that they would do it.

 

[tolmie's hairdoo]

View attachment 28234
CAS Ruling

Ta.

 

[Holcombe bloo]

Just had a look on scum website, Saudi telecom not listed on their list of sponsors. Thats on their official website, strange if they are sponsoring them 10 big ones plus you’d think it’d been on there.

 

[Gaz (FMwkdsoul)]

Ta.

Credit to Ric, it was in his feed this morning regarding the Guardian article saying the opposite (suprise).

 

[Prestwich_Blue]

View attachment 28234
CAS Ruling

Just for clarity, that should be read as the first 3 collectively not being related parties to Etihad, not that MCFC and HHSM aren't related parties. They (and ADUG) clearly are related parties.

 

[tolmie's hairdoo]

Stage 1 was the UEFA settlement in 2014.
PWC went after all the Abu Dhabi sponsorships, used an independent firm to assess "fair value" and said they were "related" companies. Using there own research Etihad was more or less deemed to be fair value so not a problem. It was a problem with 3 other sponsors where "fair value" wasn't met.

City told them to fuck off anyway and Etiahad and the rest have been treated as non related ever since but we had to cap the sponsorship fees on a couple whilest under the settlement regime.

Stage 2 UEFA knew they didn't have a leg to stand-on if it went to court but didn't like (or rather G14 didn't like) we had exposed a weakness in their own rules. So the rules were changed in 2015 and our sponsorship from Abu Dhabi companies has been capped at 30% of income. If exceeded they are treated as related and subject to fair value.



View attachment 28236

Thanks - I recall the Etisalat one being 'pruned'?

Newcastle would be well within their rights to cite the 2015 change made by Uefa.

 

[tolmie's hairdoo]

Just had a look on scum website, Saudi telecom not listed on their list of sponsors. Thats on their official website, strange if they are sponsoring them 10 big ones plus you’d think it’d been on there.

This was 2017 - apparently been with them 12 years? Gotta love the quotes.

Reds agree Saudi Arabia partnership

United to help the GSA develop its football industry, as part of its 2030 Vision.

www.manutd.com

 

[Pablo ZZZ Peroni]

Perhaps on the way we conduct our business, yet we still felt no option but to run up the same flag pole as the rest of the Super League teams.

The fact we were invited so late to the party tells you we are a long way from being a driver, the established order will continue to attempt to thwart our progression on and off the pitch.

Yep we were taken by surprise when Perez and all dropped the ESL bombshell.
Inconceivable that we weren't aware or party to earlier discussions about the ESL. I'd suggest we were in general agreement as well but for some future date AND with Premier League protection.

We work with the fuckers when it suits us. Remember that just before the ESL announcement weekend the "big clubs" including us were holding back from agreeing the new CL proposals. The "big clubs" were actively pushing UEFA for a bigger share of CL revenue and more control in terms of how the commercial deals are set up. Woodward and Soriano were the ECA reps and were directly pushing for this with the ECA members.