Financial Fair Play/Financial Report (merged)

[aguero93:20]

http://prosoccertalk.nbcsports.com/2014/01/23/chelsea-manchester-city-financial-fair-play/?

interesting take on things.

It's completely wrong. Sick of these twats spouting their shit. I'm going to post over there and see if they allow it.

Hi there. I thought I'd be helpful and list all of the factual and logical mistakes you've made.

1. one of Europe’s big spenders since Abu Dhabi United took over the team in 2008.

City were purchased by Sheikh Mansour, who used a company setup entirely for this investment called Abu Dhabi United Group. Stating that we were taken over by "Abu Dhabi United" is like stating that Man United were taken over by Red Football Limited or Arsenal were taken over by Red & White Holdings. It makes no logical sense.

2. They’ve paid a premium to bring the likes of Yaya Toure, Sergio Aguero and Fernandinho (among others) to greater Manchester

Outside of your assertion that paying £24m for Yaya Toure represents "a premium", Manchester City are not based in Greater Manchester colloquially speaking. Greater Manchester is the county and a recent invention from the 70s. The "Manchester" in Manchester City and United refers to the city of Manchester, a district formed hundreds of years before Greater Manchester.

3. While Abu Dhabi United adds money directly to NYCFC’s coffers, City gets some FFP flexibility they wouldn’t get if their owners were merely writing checks to the club

"Abu Dhabi United" (and from now on I'll just presume that you meant Sheikh Mansour) cannot add money into the coffers of NYCFC because he doesn't own NYCFC. Manchester City own 80% of NYCFC and any losses would appear on their overall books aswell.

As another correction, Sheikh Mansour is one person thus the word "owners" is incorrectly pluralised.

The speculation on this idea of moving loans in that manner is also completely at odds with the stated goals of NYCFC as mentioned by their CEO and I don't think that it would be specifically legal either. You've also essentially invented wage figures for Javi Garcia and Gareth Barry or have sourced them from places that have invented them. Professional soccer teams in England do not release wage information of their players as a matter of confidentiality. The English press guess and they will freely admit this.

4. How many of Europe’s top teams would pay a one-time $100 million fee to have a permanent FFP work around?

Manchester City currently have one of the highest revenues in the world of soccer and this will continue to grow as the new English TV deal comes into force (which almost doubles the high factor of revenue of any PL team), and the revenues from participation in the Champions League continues to grow. In addition to this, their commercial growth is absolutely huge and they are in the midst of expanding their stadium thus their matchday revenue.

The idea that they would spend $100m on an "FFP workaround" is silly because it wouldn't be legal, it wouldn't be economical and it wouldn't actually work.

Your speculations are baseless and your fact checking is poor.

haha nice.

 

[matrix0161]

http://prosoccertalk.nbcsports.com/2014/01/23/chelsea-manchester-city-financial-fair-play/?

interesting take on things.

It's completely wrong. Sick of these twats spouting their shit. I'm going to post over there and see if they allow it.

Hi there. I thought I'd be helpful and list all of the factual and logical mistakes you've made.

1. one of Europe’s big spenders since Abu Dhabi United took over the team in 2008.

City were purchased by Sheikh Mansour, who used a company setup entirely for this investment called Abu Dhabi United Group. Stating that we were taken over by "Abu Dhabi United" is like stating that Man United were taken over by Red Football Limited or Arsenal were taken over by Red & White Holdings. It makes no logical sense.

2. They’ve paid a premium to bring the likes of Yaya Toure, Sergio Aguero and Fernandinho (among others) to greater Manchester

Outside of your assertion that paying £24m for Yaya Toure represents "a premium", Manchester City are not based in Greater Manchester colloquially speaking. Greater Manchester is the county and a recent invention from the 70s. The "Manchester" in Manchester City and United refers to the city of Manchester, a district formed hundreds of years before Greater Manchester.

3. While Abu Dhabi United adds money directly to NYCFC’s coffers, City gets some FFP flexibility they wouldn’t get if their owners were merely writing checks to the club

"Abu Dhabi United" (and from now on I'll just presume that you meant Sheikh Mansour) cannot add money into the coffers of NYCFC because he doesn't own NYCFC. Manchester City own 80% of NYCFC and any losses would appear on their overall books aswell.

As another correction, Sheikh Mansour is one person thus the word "owners" is incorrectly pluralised.

The speculation on this idea of moving loans in that manner is also completely at odds with the stated goals of NYCFC as mentioned by their CEO and I don't think that it would be specifically legal either. You've also essentially invented wage figures for Javi Garcia and Gareth Barry or have sourced them from places that have invented them. Professional soccer teams in England do not release wage information of their players as a matter of confidentiality. The English press guess and they will freely admit this.

4. How many of Europe’s top teams would pay a one-time $100 million fee to have a permanent FFP work around?

Manchester City currently have one of the highest revenues in the world of soccer and this will continue to grow as the new English TV deal comes into force (which almost doubles the high factor of revenue of any PL team), and the revenues from participation in the Champions League continues to grow. In addition to this, their commercial growth is absolutely huge and they are in the midst of expanding their stadium thus their matchday revenue.

The idea that they would spend $100m on an "FFP workaround" is silly because it wouldn't be legal, it wouldn't be economical and it wouldn't actually work.

Your speculations are baseless and your fact checking is poor.

haha nice.

excellent

 

[George Hannah]

anybody catch the attack on City on BBC's Fighting Talk by Arsenal supporting, Beckham ghost writing, Labour Party activist - Tom Watt?

here it is if you're bothered - I was enough to make this video

[youtube]http://www.youtube.com/watch?v=6cQvm_vOxw8&feature=youtu.be[/youtube]

 

[jaiguruKun]

anybody catch the attack on City on BBC's Fighting Talk by Arsenal supporting, Beckham ghost writing, Labour Party activist - Tom Watt?

here it is if you're bothered - I was enough to make this video

[youtube]http://www.youtube.com/watch?v=6cQvm_vOxw8&feature=youtu.be[/youtube]

A typically sanctimonious Arsenal fan. He's clearly devastated that FFP has failed in its aim to stifle the competition.

We are doing well commercially because, unlike at Arsenal, the people running the club are concentrating on making money for the club rather than for themselves.

I'm surprised that more hasn't been made of Arsenal's scandalous ticket prices. Their financial model is based on ripping its fans off and they have done more than any other club to take the game away from the man on the street.

 

[Damocles]

Listening the the opinions of an Arsenal fan on FFP is like listening to the opinions of a fat bloke about going to the gym.

 

[stony]

Listening the the opinions of an Arsenal fan on FFP is like listening to the opinions of a fat bloke about going to the gym.

He was shit in Eastenders too

 

[Stoned Rose]

http://prosoccertalk.nbcsports.com/2014/01/23/chelsea-manchester-city-financial-fair-play/?

interesting take on things.

It's completely wrong. Sick of these twats spouting their shit. I'm going to post over there and see if they allow it.

Hi there. I thought I'd be helpful and list all of the factual and logical mistakes you've made.

1. one of Europe’s big spenders since Abu Dhabi United took over the team in 2008.

City were purchased by Sheikh Mansour, who used a company setup entirely for this investment called Abu Dhabi United Group. Stating that we were taken over by "Abu Dhabi United" is like stating that Man United were taken over by Red Football Limited or Arsenal were taken over by Red & White Holdings. It makes no logical sense.

2. They’ve paid a premium to bring the likes of Yaya Toure, Sergio Aguero and Fernandinho (among others) to greater Manchester

Outside of your assertion that paying £24m for Yaya Toure represents "a premium", Manchester City are not based in Greater Manchester colloquially speaking. Greater Manchester is the county and a recent invention from the 70s. The "Manchester" in Manchester City and United refers to the city of Manchester, a district formed hundreds of years before Greater Manchester.

3. While Abu Dhabi United adds money directly to NYCFC’s coffers, City gets some FFP flexibility they wouldn’t get if their owners were merely writing checks to the club

"Abu Dhabi United" (and from now on I'll just presume that you meant Sheikh Mansour) cannot add money into the coffers of NYCFC because he doesn't own NYCFC. Manchester City own 80% of NYCFC and any losses would appear on their overall books aswell.

As another correction, Sheikh Mansour is one person thus the word "owners" is incorrectly pluralised.

The speculation on this idea of moving loans in that manner is also completely at odds with the stated goals of NYCFC as mentioned by their CEO and I don't think that it would be specifically legal either. You've also essentially invented wage figures for Javi Garcia and Gareth Barry or have sourced them from places that have invented them. Professional soccer teams in England do not release wage information of their players as a matter of confidentiality. The English press guess and they will freely admit this.

4. How many of Europe’s top teams would pay a one-time $100 million fee to have a permanent FFP work around?

Manchester City currently have one of the highest revenues in the world of soccer and this will continue to grow as the new English TV deal comes into force (which almost doubles the high factor of revenue of any PL team), and the revenues from participation in the Champions League continues to grow. In addition to this, their commercial growth is absolutely huge and they are in the midst of expanding their stadium thus their matchday revenue.

The idea that they would spend $100m on an "FFP workaround" is silly because it wouldn't be legal, it wouldn't be economical and it wouldn't actually work.

Your speculations are baseless and your fact checking is poor.

I knew you would be all over this article like Ken Barlow on a school uniform Damocles :)

 

[Damocles]

Fair play for taking your in-match ban for stream requesting on the chin by the way rather than some of the special snowflakes round here. Top man.

 

[Bodicoteblue]

Watt seems to be insinuating that our owners are guilty of nepotism and by inference , some sort of corruption .
He also seems to demonstrate a complete lack of understanding of commercial revenue raising .
Since we have shot ahead of his own beloved arse , it would seem that while they claim to be a well run club in terms of a business model, it seems to be on the scale of an overcharging corner shop as opposed to our global enterprise.

 

[Damocles]

Watt seems to be insinuating that our owners are guilty of nepotism and by inference , some sort of corruption .
He also seems to demonstrate a complete lack of understanding of commercial revenue raising .
Since we have shot ahead of his own beloved arse , it would seem that while they claim to be a well run club in terms of a business model, it seems to be on the scale of an overcharging corner shop as opposed to our global enterprise.

He demonstrates a complete misunderstanding of our ownership situation, the point of the ownership, how Arabic royal families are structured, the powerbases in Abu Dhabi, the commercial reach of the Premier League, the media visibility of the Premier League, the PR strategy of Manchester City, the UEFA legislation surrounding Club Licensing and FFP, the relationship between Manchester City and UEFA, the point of this relationship, the historical idea of value in football, how inflation works in closed markets, how revenue works in closed markets, how inflation works in any markets, how commercial revenue works in English football and generally how football, finance, football finance, commercialism and football commercialism works in general.

This is what happens when you get people who would struggle to get a job on Match of the Day 2 Online Fanzone commentating on things that are so far above their head that they're entering geosynchronous orbit.