Financial Fair Play/Financial Report (merged)

[jrb]

Re: Financial Fair Play will not affect us.

Today's Daily Fail.

Manchester City leading the fight against financial fair play
By CHARLES SALE
PUBLISHED: 23:31, 7 April 2013 | UPDATED: 23:31, 7 April 2013



Leading the charge: Manchester City chief executive Ferran Soriano

The Premier League's wealthiest club Manchester City are agitating over the introduction of Financial Fair Play regulations due to be voted into the statute book on Thursday.
City are still lobbying strongly for more teams to back their opposition to wage restraints and the cap on club losses which were accepted by the narrowest allowed of Premier League ballot margins, with the detail to be agreed this week.
A secret gathering of six opposing clubs - City, West Brom, Southampton, Aston Villa, Fulham and Reading - took place at Watford's Grove Hotel just before Easter to discuss battleplans.

And City chief executive Ferran Soriano, who has kept a low profile since arriving at the Etihad Stadium last September, has been chasing backing for his club's stance.
Although no legal action was discussed at the Grove, money-no-object City remain the club most likely to challenge FFP restrictions through the courts over restraint of trade.

 

[City Raider]

Re: Financial Fair Play will not affect us.

The timing of the announcement of utds latest sponsorship deal is a little odd, with the final vote on fair play taking place this week I think.

Surely any owners who are unsure can now see there is only one direction this is going in.

 

[BusterPhillips]

Re: Financial Fair Play will not affect us.

Today's Daily Fail.

Manchester City leading the fight against financial fair play
By CHARLES SALE
PUBLISHED: 23:31, 7 April 2013 | UPDATED: 23:31, 7 April 2013



Leading the charge: Manchester City chief executive Ferran Soriano

The Premier League's wealthiest club Manchester City are agitating over the introduction of Financial Fair Play regulations due to be voted into the statute book on Thursday.
City are still lobbying strongly for more teams to back their opposition to wage restraints and the cap on club losses which were accepted by the narrowest allowed of Premier League ballot margins, with the detail to be agreed this week.
A secret gathering of six opposing clubs - City, West Brom, Southampton, Aston Villa, Fulham and Reading - took place at Watford's Grove Hotel just before Easter to discuss battleplans.

And City chief executive Ferran Soriano, who has kept a low profile since arriving at the Etihad Stadium last September, has been chasing backing for his club's stance.
Although no legal action was discussed at the Grove, money-no-object City remain the club most likely to challenge FFP restrictions through the courts over restraint of trade.

Can't understand why QPR didn't vote against FFP..

 

[LoveCity]

Re: Financial Fair Play will not affect us.

Today's Daily Fail.

Manchester City leading the fight against financial fair play
By CHARLES SALE
PUBLISHED: 23:31, 7 April 2013 | UPDATED: 23:31, 7 April 2013



Leading the charge: Manchester City chief executive Ferran Soriano

The Premier League's wealthiest club Manchester City are agitating over the introduction of Financial Fair Play regulations due to be voted into the statute book on Thursday.
City are still lobbying strongly for more teams to back their opposition to wage restraints and the cap on club losses which were accepted by the narrowest allowed of Premier League ballot margins, with the detail to be agreed this week.
A secret gathering of six opposing clubs - City, West Brom, Southampton, Aston Villa, Fulham and Reading - took place at Watford's Grove Hotel just before Easter to discuss battleplans.

And City chief executive Ferran Soriano, who has kept a low profile since arriving at the Etihad Stadium last September, has been chasing backing for his club's stance.
Although no legal action was discussed at the Grove, money-no-object City remain the club most likely to challenge FFP restrictions through the courts over restraint of trade.

Can't understand why QPR didn't vote against FFP..

It's completely illogical but then this guy owns the club...

 

[Prestwich_Blue]

Re: Financial Fair Play will not affect us.

The timing of the announcement of utds latest sponsorship deal is a little odd, with the final vote on fair play taking place this week I think.

Surely any owners who are unsure can now see there is only one direction this is going in.

The thing is that most owners will have balanced the chance of being bought out by a billionaire against the ability to keep most of the vastly increased TV income from next season onwards to either pay down their clubs' debts or go into their own pockets.

To put the question another way, if you were in debt and your boss offered you a huge rise but only on condition that you didn't put any money on the lottery would you say "Stuff that, I might win the Euromillions next week" or take the bird in the hand?

 

[samharris]

Re: Financial Fair Play will not affect us.

Today's Daily Fail.

Manchester City leading the fight against financial fair play
By CHARLES SALE
PUBLISHED: 23:31, 7 April 2013 | UPDATED: 23:31, 7 April 2013



Leading the charge: Manchester City chief executive Ferran Soriano

The Premier League's wealthiest club Manchester City are agitating over the introduction of Financial Fair Play regulations due to be voted into the statute book on Thursday.
City are still lobbying strongly for more teams to back their opposition to wage restraints and the cap on club losses which were accepted by the narrowest allowed of Premier League ballot margins, with the detail to be agreed this week.
A secret gathering of six opposing clubs - City, West Brom, Southampton, Aston Villa, Fulham and Reading - took place at Watford's Grove Hotel just before Easter to discuss battleplans.

And City chief executive Ferran Soriano, who has kept a low profile since arriving at the Etihad Stadium last September, has been chasing backing for his club's stance.
Although no legal action was discussed at the Grove, money-no-object City remain the club most likely to challenge FFP restrictions through the courts over restraint of trade.

The Real Madrid state help thing will give our legal eagles sommat to ponder and use Im sure..

 

[fbloke]

Re: Financial Fair Play will not affect us.

The timing of the announcement of utds latest sponsorship deal is a little odd, with the final vote on fair play taking place this week I think.

Surely any owners who are unsure can now see there is only one direction this is going in.

The thing is that most owners will have balanced the chance of being bought out by a billionaire against the ability to keep most of the vastly increased TV income from next season onwards to either pay down their clubs' debts or go into their own pockets.

To put the question another way, if you were in debt and your boss offered you a huge rise but only on condition that you didn't put any money on the lottery would you say "Stuff that, I might win the Euromillions next week" or take the bird in the hand?

A certain Mr Coates is having some doubts right now.

 

[Prestwich_Blue]

Re: Financial Fair Play will not affect us.

The timing of the announcement of utds latest sponsorship deal is a little odd, with the final vote on fair play taking place this week I think.

Surely any owners who are unsure can now see there is only one direction this is going in.

The thing is that most owners will have balanced the chance of being bought out by a billionaire against the ability to keep most of the vastly increased TV income from next season onwards to either pay down their clubs' debts or go into their own pockets.

To put the question another way, if you were in debt and your boss offered you a huge rise but only on condition that you didn't put any money on the lottery would you say "Stuff that, I might win the Euromillions next week" or take the bird in the hand?

A certain Mr Coates is having some doubts right now.

But they've got stability so will be alright surely? All he needs to do is keep faith in Pulis, chuck loads more money at the problem and they'll win the title next season. If it's good enough for us...

 

[fbloke]

Re: Financial Fair Play will not affect us.

The thing is that most owners will have balanced the chance of being bought out by a billionaire against the ability to keep most of the vastly increased TV income from next season onwards to either pay down their clubs' debts or go into their own pockets.

To put the question another way, if you were in debt and your boss offered you a huge rise but only on condition that you didn't put any money on the lottery would you say "Stuff that, I might win the Euromillions next week" or take the bird in the hand?

A certain Mr Coates is having some doubts right now.

But they've got stability so will be alright surely? All he needs to do is keep faith in Pulis, chuck loads more money at the problem and they'll win the title next season. If it's good enough for us...

Third highest net spenders after City and Chelsea in the last 10 years, owner funded as is their main sponsorship deal. Perfect business model I suppose?

 

[Exeter Blue I am here]

Re: Financial Fair Play will not affect us.

A certain Mr Coates is having some doubts right now.

But they've got stability so will be alright surely? All he needs to do is keep faith in Pulis, chuck loads more money at the problem and they'll win the title next season. If it's good enough for us...

Third highest net spenders after City and Chelsea in the last 10 years, owner funded as is their main sponsorship deal. Perfect business model I suppose?

I wondered whether missing out on the Chimps League next season might concentrate Roman the Rouble's mind a little more?