I thought that too. Both Scouse teams are looking to splash out so lets tell lies about City cheating and bullying their way through FFP, so that when Everton or Liverpool do it, the ground has already been prepared and they can point and us and say "they did it"
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FFP reprise ..an article about our owners
- Thread starter Blueknows
- Start date
I thought that too. Both Scouse teams are looking to splash out so lets tell lies about City cheating and bullying their way through FFP, so that when Everton or Liverpool do it, the ground has already been prepared and they can point and us and say "they did it"
The FFP regulations have been changed recently. If a club's owner wants to spend he can do so as long as it's part of a plan to make the club self sustainable.
In other words as soon as City started breaking even UEFA changed those regulations that had been impacting on City. What's left in place are regulations saying because we are now built up into self sustainable club we can only spend what we earn. Probably when those rules turn out to be ineffective in holding City back the whole thing will be scrapped.
You couldn't make it up.
The article is total rubbish because there are currently no regulations preventing an owner spending on his club as long as he can show it's part of a long term investment plan.
In other words as soon as City started breaking even UEFA changed those regulations that had been impacting on City. What's left in place are regulations saying because we are now built up into self sustainable club we can only spend what we earn. Probably when those rules turn out to be ineffective in holding City back the whole thing will be scrapped.
You couldn't make it up.
The article is total rubbish because there are currently no regulations preventing an owner spending on his club as long as he can show it's part of a long term investment plan.
The FFP regulations have been changed recently. If a club's owner wants to spend he can do so as long as it's part of a plan to make the club self sustainable.
In other words as soon as City started breaking even UEFA changed those regulations that had been impacting on City. What's left in place are regulations saying because we are now built up into self sustainable club we can only spend what we earn. Probably when those rules turn out to be ineffective in holding City back the whole thing will be scrapped.
You couldn't make it up.
The article is total rubbish because there are currently no regulations preventing an owner spending on his club as long as he can show it's part of a long term investment plan.
Wrong the rules allowing in theory unlimited investment only apply to new owners / investors ( Not in practice since no sensible business plan would include really really really high spending and loads of guesses and assumptions and only sensible plans will be passed by UEFA)
Side note would the Chinese people count as new investors even though they are involved with our parent company not the club per say and they only own 13 % of the parent company ?
gordondaviesmoustache
Well-Known Member
What a life he must lead.Sounds like our owner might be making another billion very soon, just to rub a few more noses in it.
If Amanda Staveley has her way, Barclays will pay a dear price for allegedly trying to con her and Shiekh Mansour, having bailed them out, yet offering the Qataris secret preferential terms.
And that's after making £3bn plus his £1.5bn stake returned.
Our owner really doesn't need to bend rules, he makes them.
MillionMilesAway
Well-Known Member
It's a very bizarre article. Aside from the amusing concept of 'unchartered territory', it manages to say next to nothing and is pretty schizophrenic as to its point. I think it's trying to say that FFP has no teeth, and the riches in the game now are such that the UEFA penalty can be handled; it does smack of a sub-ed hacking it around a bit.
I don't recall Keble writing much, but it appears that he's a freelance hack who is a Villa fan.
I don't recall Keble writing much, but it appears that he's a freelance hack who is a Villa fan.
gordondaviesmoustache
Well-Known Member
Haters are just going to find new ways of hating us.It's a very bizarre article. Aside from the amusing concept of 'unchartered territory', it manages to say next to nothing and is pretty schizophrenic as to its point.
Mikejl
Well-Known Member
Ghost 'crayoned' by MOgden I guess...
MillionMilesAway
Well-Known Member
Haters are just going to find new ways of hating us.
It does feel like the bile is tacked on afterwards. I assume the hackery is for tomorrow's paper.
TCIB
Well-Known Member
It is a terrible misinformed article imo. He seems not to understand or at least acknowledge in any way the ethos of why the Sheikh bought us.
He has made a profit (if he sold) so fuck the rules? insinuating this is our owners reasoning, nah just terrible misinformed shit you could read on a forum imo.
He has made a profit (if he sold) so fuck the rules? insinuating this is our owners reasoning, nah just terrible misinformed shit you could read on a forum imo.
gordondaviesmoustache
Well-Known Member
God bless our fee and fearless press.It does feel like the bile is tacked on afterwards. I assume the hackery is for tomorrow's paper.