FFP

[pirate]

We'll have absolutely no problem with FFP.. none.. We'll be in profit in 3 years I reckon. Mad as it sounds.

We will. People don't believe this and I have many arguments with fans of other clubs who just can't get it through their heads how much revenue increase we will generate. We will come close to increasing total revenue by 50% in this financial year I predict (thanks to CL income and commercial deals) plus there are possibly some further significant commercial deals in the pipeline for next season.

I was doing some rough projections a few months back, and I worked it somehow that we might only lose 20m or so these coming accounts. That would be a 170m improvement on last year.

for FFP we can carry a loss of 45 million euros, so hope you are right

 

[TGR]

Due to the Restraint of trade Laws in the EU - I cannot see how the Football bodies will be able to stop clubs from participating in Euro competitions.

Secondly, I do not understand why there is no distinction between investment (which in converted into equity) and debt.
Our owner has invested in the form of equity and thus has not burdened the club with debt.
The only risk in the event the owner was to exit, would be the existing player contracts to be paid / salaries to be paid to players.

That was the original idea of the FFP rules - to stop debt! However, due the debts of the scum, Barcelona & Real Madrid etc it suddenly morphed into spending relative to turnover as all of them (relatively to other clubs) have high turnover. Its a complete nonsend when the scum have £800 million of debt but yet meet the FFP rules with some ease and we have not a jot of debt but are miles away!
However, it was done to protect the 'Big' clubs and stop interlopers likes us gate crashing their cash cow. However, we arrived a a little earlier than expected and barged our way in!

 

[Dribble]

Man City's title win 'can double sponsorship earnings'

By John Reynolds, marketingmagazine.co.uk, 14 May 2012, 11:27AM

http://www.brandrepublic.com/news/1131623/man-citys-title-win-can-double-sponsorship-earnings/

Manchester City has the potential to double its sponsorship earnings over the next five years thanks to winning the Premier League title, according to sport sponsorship experts.

Manchester City yesterday secured its first title win in 44 years, after a nail-biting end to the season.

Twitter was ablaze with activity during the game and QPR’s Joey Barton - who was sent off during the match - was for a time the top trending topic on the social network on Sunday.

Sponsorship experts are in agreement that securing the title will be a significant boon for the club's sponsorship coffers, particular given that the Premiership has a four billion strong global audience.

Nigel Currie, director of sports marketing agency brandRapport, said: "With this Premiership win, Manchester City over the next five years can double their sponsorship earnings."

Currie's reasoning is largely based on the growth of the Premiership globally, and particularly in Asia.

A report commissioned by the Sport+Markt group in Germany said the global Premier League audience has now reached 3.9 billion, with the biggest market being Asia and Oceania, which registered 1.3 billion viewers.

Currie said there was a "big question mark" over whether Man City could secure the sponsorship crown but victory will give the club "a massive boost" in its earnings.

His views were echoed by Angus McGougan, business director at FastTrack, who said: "This gives Manchester City a great platform to go and engage with new audiences, as there is so much interest in the Premiership in Asia."

Sponsorship experts also believe Manchester City's bargaining chips will be improved following its new kit deal with Nike, which replaced Nike's subsidiary Umbro as the club's kit supplier.

Experts believe the marketing power of Nike will also help Man City boost its overall sponsorship earnings.

Manchester City is thought to earn up to £400m under its sponsorship agreement with Etihad Airways.

The club's other commercial partners include Electronic Arts, Thomas Cook Sport, Harvey Nichols, Amstel and Paddy Power.

Manchester City was unavailable for comment.

In the Sheikh I trust.............

 

[Blue Coop]

Theres also the addition of now having a title winning squad, spending no longer has to be a squad transformation but more fine tuning where the manager see's fit which will reduce spending. We also have a few players that will likely fall surplus to requirements (e.g. Adebayor) who can now be sold to fund some of the summer spending that takes place.

Next year is not about making a profit, but making significant commercial improvements, and anything less than a £100m loss would be a fantastic step in the right direction.

 

[Dribble]

Due to the Restraint of trade Laws in the EU - I cannot see how the Football bodies will be able to stop clubs from participating in Euro competitions.

Secondly, I do not understand why there is no distinction between investment (which in converted into equity) and debt.
Our owner has invested in the form of equity and thus has not burdened the club with debt.
The only risk in the event the owner was to exit, would be the existing player contracts to be paid / salaries to be paid to players.

The way UEFA have structured this is quite clever, but as yet untested. They haven't changed the law on companies not spending more than their turnover allows, BUT they have said that in their private competition, the rules of entry state you must comply with the terms of FFP or you will not be allowed to take part.

Now if I were to run a private competition and set the rules of entry, could any court or the EU force me to change it seeing as I'm not compelled by law to provide that competition? That will be the challenge as I see it.

It'll be interesting to see how this is now played out seeing as Manchester City, Malaga & PSG (I Think) are in the Champions League Proper...............

 

[baldmosher]

Its a complete nonsend when the scum have £800 million of debt but yet meet the FFP rules with some ease and we have not a jot of debt but are miles away!

To be fair, utd still make an operating profit, so they are in fact living within their quite clearly lavish means, and they're only £450m in debt, or at least that's what a recent piece on English clubs' debts said. Unlike Chelsea, whose debt is about £750m. I think they or one of the Russian teams will be the first to test a FFP punishment in court.

 

[EL APACHE TEVEZ]

Article in one of the papers saying city could be pulling in 1 billion within the next 12 to 18 month,that should sort out platini.

 

[Prestwich_Blue]

We'll have absolutely no problem with FFP.. none.. We'll be in profit in 3 years I reckon. Mad as it sounds.

We will. People don't believe this and I have many arguments with fans of other clubs who just can't get it through their heads how much revenue increase we will generate. We will come close to increasing total revenue by 50% in this financial year I predict (thanks to CL income and commercial deals) plus there are possibly some further significant commercial deals in the pipeline for next season.

I was doing some rough projections a few months back, and I worked it somehow that we might only lose 20m or so these coming accounts. That would be a 170m improvement on last year.

That's rather too optimistic in my view. I've done my projection based on an underlying loss of £160m with an income improvement of about £70m, with no change in expenses, giving a loss of about £90m.

I'm sure John Macbeath & Graham Wallace have done their homework, as we have to report a loss that is at a level that allows us to use the pre-2010 wage adjustment in order to reduce it to a figure that will bring us just inside FFP when the first assessment is done at the start of the 2013/14 season. If they get that right then we're home and dry.

I can see a loss of £20m next year though.

 

[GXCity]

We will. People don't believe this and I have many arguments with fans of other clubs who just can't get it through their heads how much revenue increase we will generate. We will come close to increasing total revenue by 50% in this financial year I predict (thanks to CL income and commercial deals) plus there are possibly some further significant commercial deals in the pipeline for next season.

I was doing some rough projections a few months back, and I worked it somehow that we might only lose 20m or so these coming accounts. That would be a 170m improvement on last year.

That's rather too optimistic in my view. I've done my projection based on an underlying loss of £160m with an income improvement of about £70m, with no change in expenses, giving a loss of about £90m.

I'm sure John Macbeath & Graham Wallace have done their homework, as we have to report a loss that is at a level that allows us to use the pre-2010 wage adjustment in order to reduce it to a figure that will bring us just inside FFP when the first assessment is done at the start of the 2013/14 season. If they get that right then we're home and dry.

I can see a loss of £20m next year though.

PB, when are the accounts due this year?

 

[Damocles]

The last were released in November