without a dream
Well-Known Member
Re: Etihad Campus, Stadium Development and Collar Site (cont
Given the way transfer prices are going that might only need as few as 7 first teamers over 20 years. It's a big number but the only club with a similar facilty (Barca) manage that quite easily. The Sheikh's wealth takes the pressure off the ROI but it's not intended as a FFP dodge, imo, just part of the long term business plan, I think the wheels were in motion pre-FFP weren't they?
Didsbury Dave said:FanchesterCity said:Clubs are becoming every more creative in ways to make money, regardless of FFP, but FFP certainly adds tot he incentive to be creative.
It's an inevitable consequence of creating rules, that people will then find a way around them.
People see this as a bad thing - 'getting around the rules', but that's precisely what rules do. UEFA have said 'These behaviours are not allowed', and therefore they encourage you to find ways of making money outside of those rules.
As for the academy being an FFP dodge, well in a sense it is, but only in part.
1) Infrastructure spend is not counted towards FFP, therefore in theory you can spend 400 million on the infrastructure, and earn 10 million a year in renting out the facilities, or cost savings etc (thus would take 40 years to pay for itself), but the 10 million you earn IS counted as part of your revenue.
So in essence you can create some amazing white elephant sports facility and still count the minimal return is makes.
2) It's a genuine facility, and in theory will save us money when compared with the current facilities.
3) It's a top notch facility that players will welcome, and hopefully flourish in, and it should help us attract more young players. Make no mistake, it's not going to result in a team full of academy graduates, but it MIGHT increase our odds of picking up one or two top class prospects capable of making the first team, or being sold for a healthy profit.
This is NOT a bad thing for youth players. They get fantastic facilities, and a chance of ending up at a top club, even if it's not City.
And of course, the harsh reality of football means that many won't make it. But this is football. Many won't make it at Oldham Athletic either.
I'm glad someone gets it. That's exactly how I see it. A big investment that will have to yield big returns to get close to a ROI. The cash up front (is it£100m ?) is one thing but it's going to cost £10m a year or so to run, so in ten years it needs to have generated £200m (or whatever the figure is)
That's obviously taking the FFP implications out of it, which I agree are a factor.
Given the way transfer prices are going that might only need as few as 7 first teamers over 20 years. It's a big number but the only club with a similar facilty (Barca) manage that quite easily. The Sheikh's wealth takes the pressure off the ROI but it's not intended as a FFP dodge, imo, just part of the long term business plan, I think the wheels were in motion pre-FFP weren't they?