Financial Fair Play/Financial Report (merged)

[BlueAnorak]

Re: Financial Fair Play will not affect us.

For sure it helps but it is only getting money for a player who would leave for nothing at the end of the season - it really isn't essential to meet FFP.
It enables us to spend £150m on transfers rather than £120m, that PB and I calculated (in March) .
Alternatively we could spend £120m and break even this coming season rather than waiting for the following season.
The good thing is it replaces a high waged player (regardless of success) with one who only gets a high wage if we ARE successful.

 

[Mr Ed (The Stables)]

Re: Financial Fair Play will not affect us.

Manchester City have created the financial flexibility to go into the transfer market for a top class replacement for Carlos Tevez, having sold him for his ‘book value’ of £9m.


Tevez’s depreciation cost to City in the last year of his contract at City would have been £9m, if an initial transfer fee of £45m is spread across the five years of his deal. By losing that from their books, plus his £198,000-a-week wages and bonuses which would have added up to £17m, the club would potentially have the money to buy Napoli’s Edison Cavani, even at the inflated fee of £50m plus Tevez-level wages.

A £50m fee for a player would accounted for across the term of that individual’s contract. The cost of signing Tevez, when he left Manchester United in 2009, has never been disclosed.

City cautioned late on Tuesday night that they will not necessarily be using the sale of Tevez – which remains subject to the player agreeing personal terms – to justify a splurge of cash on a new striker. But the sales of Wayne Bridge, Kolo Toure and Roque Santa Cruz so early in the summer have also protected the club from a desperate last-minute attempt to lay off players to buying clubs who hold the negotiating cards – a problem in previous years.

It means the club are not as hamstrung by the constraints of Uefa’s financial fair play (FFP) regime as they might have feared. The new Premier League TV deal also helps them in their quest to reduce loses from £97m last year to an aggregate of €45m (£38.1m) across last season and this, in line with FFP.

Their challenge will be finding a dynamic enough striker to prevent the pressure on Sergio Aguero and Edin Dzeko becoming too great, next season. The 2013/14 campaign may be the big moment for the 21-year-old Swede John Guidetti, though he remains untested after a season plagued by a mystery illness. With the prospects of signing Cavani extremely slim, City may renew their attempts to discuss Robert Lewandowski with his club, Borussia Dortmund. Since the striker covets a move to Bayern Munich, that will be a tall order

-- 26 Jun 2013 13:26 --

<a class="postlink" href="http://www.independent.co.uk/sport/football/premier-league/carlos-tevez-transfer-to-juventus-frees-manchester-city-to-buy-top-class-replacement-8674766.html" onclick="window.open(this.href);return false;">http://www.independent.co.uk/sport/foot ... 74766.html</a>

They forgot to mention the sale of Ballotelli in January which must have been nearly £20m + wages saved. I trust our owners and I'm sure that now some deadwood + a couple of players who didn't really want to be with us have been cleaned from the decks there is room to make another couple of additions to the squad.

 

[Exeter Blue I am here]

Re: Financial Fair Play will not affect us.

Manchester City have created the financial flexibility to go into the transfer market for a top class replacement for Carlos Tevez, having sold him for his ‘book value’ of £9m.


Tevez’s depreciation cost to City in the last year of his contract at City would have been £9m, if an initial transfer fee of £45m is spread across the five years of his deal. By losing that from their books, plus his £198,000-a-week wages and bonuses which would have added up to £17m, the club would potentially have the money to buy Napoli’s Edison Cavani, even at the inflated fee of £50m plus Tevez-level wages.

A £50m fee for a player would accounted for across the term of that individual’s contract. The cost of signing Tevez, when he left Manchester United in 2009, has never been disclosed.

City cautioned late on Tuesday night that they will not necessarily be using the sale of Tevez – which remains subject to the player agreeing personal terms – to justify a splurge of cash on a new striker. But the sales of Wayne Bridge, Kolo Toure and Roque Santa Cruz so early in the summer have also protected the club from a desperate last-minute attempt to lay off players to buying clubs who hold the negotiating cards – a problem in previous years.

It means the club are not as hamstrung by the constraints of Uefa’s financial fair play (FFP) regime as they might have feared. The new Premier League TV deal also helps them in their quest to reduce loses from £97m last year to an aggregate of €45m (£38.1m) across last season and this, in line with FFP.

Their challenge will be finding a dynamic enough striker to prevent the pressure on Sergio Aguero and Edin Dzeko becoming too great, next season. The 2013/14 campaign may be the big moment for the 21-year-old Swede John Guidetti, though he remains untested after a season plagued by a mystery illness. With the prospects of signing Cavani extremely slim, City may renew their attempts to discuss Robert Lewandowski with his club, Borussia Dortmund. Since the striker covets a move to Bayern Munich, that will be a tall order

-- 26 Jun 2013 13:26 --

<a class="postlink" href="http://www.independent.co.uk/sport/football/premier-league/carlos-tevez-transfer-to-juventus-frees-manchester-city-to-buy-top-class-replacement-8674766.html" onclick="window.open(this.href);return false;">http://www.independent.co.uk/sport/foot ... 74766.html</a>

Where and when did we caution that? I don't recall hearing anything to that effect. Going into the season with just Kun and Edin as our only forwards (plus the injury prone and unproven - in English football - Guidetti) would be insanity!

 

[richards30]

Re: Financial Fair Play will not affect us.

Manchester City have created the financial flexibility to go into the transfer market for a top class replacement for Carlos Tevez, having sold him for his ‘book value’ of £9m.


Tevez’s depreciation cost to City in the last year of his contract at City would have been £9m, if an initial transfer fee of £45m is spread across the five years of his deal. By losing that from their books, plus his £198,000-a-week wages and bonuses which would have added up to £17m, the club would potentially have the money to buy Napoli’s Edison Cavani, even at the inflated fee of £50m plus Tevez-level wages.

A £50m fee for a player would accounted for across the term of that individual’s contract. The cost of signing Tevez, when he left Manchester United in 2009, has never been disclosed.

City cautioned late on Tuesday night that they will not necessarily be using the sale of Tevez – which remains subject to the player agreeing personal terms – to justify a splurge of cash on a new striker. But the sales of Wayne Bridge, Kolo Toure and Roque Santa Cruz so early in the summer have also protected the club from a desperate last-minute attempt to lay off players to buying clubs who hold the negotiating cards – a problem in previous years.

It means the club are not as hamstrung by the constraints of Uefa’s financial fair play (FFP) regime as they might have feared. The new Premier League TV deal also helps them in their quest to reduce loses from £97m last year to an aggregate of €45m (£38.1m) across last season and this, in line with FFP.

Their challenge will be finding a dynamic enough striker to prevent the pressure on Sergio Aguero and Edin Dzeko becoming too great, next season. The 2013/14 campaign may be the big moment for the 21-year-old Swede John Guidetti, though he remains untested after a season plagued by a mystery illness. With the prospects of signing Cavani extremely slim, City may renew their attempts to discuss Robert Lewandowski with his club, Borussia Dortmund. Since the striker covets a move to Bayern Munich, that will be a tall order

-- 26 Jun 2013 13:26 --

<a class="postlink" href="http://www.independent.co.uk/sport/football/premier-league/carlos-tevez-transfer-to-juventus-frees-manchester-city-to-buy-top-class-replacement-8674766.html" onclick="window.open(this.href);return false;">http://www.independent.co.uk/sport/foot ... 74766.html</a>

Where and when did we caution that? I don't recall hearing anything to that effect. Going into the season with just Kun and Edin as our only forwards (plus the injury prone and unproven - in English football - Guidetti) would be insanity!

that james cooper on ssn said that our reps had said that cavani,suarez,rooney and higuain were NOT targets off ours and wouldn't be signed. that came directly from the club when standing outside Etihad.

 

[whicko]

Re: Financial Fair Play will not affect us.

Manchester City have created the financial flexibility to go into the transfer market for a top class replacement for Carlos Tevez, having sold him for his ‘book value’ of £9m.


Tevez’s depreciation cost to City in the last year of his contract at City would have been £9m, if an initial transfer fee of £45m is spread across the five years of his deal. By losing that from their books, plus his £198,000-a-week wages and bonuses which would have added up to £17m, the club would potentially have the money to buy Napoli’s Edison Cavani, even at the inflated fee of £50m plus Tevez-level wages.

A £50m fee for a player would accounted for across the term of that individual’s contract. The cost of signing Tevez, when he left Manchester United in 2009, has never been disclosed.

City cautioned late on Tuesday night that they will not necessarily be using the sale of Tevez – which remains subject to the player agreeing personal terms – to justify a splurge of cash on a new striker. But the sales of Wayne Bridge, Kolo Toure and Roque Santa Cruz so early in the summer have also protected the club from a desperate last-minute attempt to lay off players to buying clubs who hold the negotiating cards – a problem in previous years.

It means the club are not as hamstrung by the constraints of Uefa’s financial fair play (FFP) regime as they might have feared. The new Premier League TV deal also helps them in their quest to reduce loses from £97m last year to an aggregate of €45m (£38.1m) across last season and this, in line with FFP.

Their challenge will be finding a dynamic enough striker to prevent the pressure on Sergio Aguero and Edin Dzeko becoming too great, next season. The 2013/14 campaign may be the big moment for the 21-year-old Swede John Guidetti, though he remains untested after a season plagued by a mystery illness. With the prospects of signing Cavani extremely slim, City may renew their attempts to discuss Robert Lewandowski with his club, Borussia Dortmund. Since the striker covets a move to Bayern Munich, that will be a tall order

-- 26 Jun 2013 13:26 --

<a class="postlink" href="http://www.independent.co.uk/sport/football/premier-league/carlos-tevez-transfer-to-juventus-frees-manchester-city-to-buy-top-class-replacement-8674766.html" onclick="window.open(this.href);return false;">http://www.independent.co.uk/sport/foot ... 74766.html</a>

Where and when did we caution that? I don't recall hearing anything to that effect. Going into the season with just Kun and Edin as our only forwards (plus the injury prone and unproven - in English football - Guidetti) would be insanity!

that james cooper on ssn said that our reps had said that cavani,suarez,rooney and higuain were NOT targets off ours and wouldn't be signed. that came directly from the club when standing outside Etihad.

Who told the prat that? the tea lady!!

 

[decmancity]

Re: Financial Fair Play will not affect us.

I think a cheap option such as Gomez would be a good move if, firstly there are no real world class forwards out there and secondly we can spend the money elsewhere in the team.<br /><br />-- Thu Jun 27, 2013 8:44 am --<br /><br />I think a 'cheap" option such as Gomez would be a good move if, firstly there are no real world class forwards out there and secondly we can spend the money elsewhere in the team on real quality.

 

[The Pink Panther]

Re: Financial Fair Play will not affect us.

Where and when did we caution that? I don't recall hearing anything to that effect. Going into the season with just Kun and Edin as our only forwards (plus the injury prone and unproven - in English football - Guidetti) would be insanity!

that james cooper on ssn said that our reps had said that cavani,suarez,rooney and higuain were NOT targets off ours and wouldn't be signed. that came directly from the club when standing outside Etihad.

Who told the prat that? the tea lady!!

Mike from security

 

[I'm no cynic but...]

Re: Financial Fair Play will not affect us.

I think a cheap option such as Gomez would be a good move if, firstly there are no real world class forwards out there and secondly we can spend the money elsewhere in the team.

-- Thu Jun 27, 2013 8:44 am --

I think a 'cheap" option such as Gomez would be a good move if, firstly there are no real world class forwards out there and secondly we can spend the money elsewhere in the team on real quality.

So good you said it twice!

 

[Blue Mooner]

Re: Financial Fair Play will not affect us.

Furthermore though if FFP did not exist do you guys really think Real Madrid would have had a chance at outbidding us for Isco?

This exactly. The club may want to run the club along more business lines but if we wanted a player, we would get him and never be outbid.

 

[waspish]

Re: Financial Fair Play will not affect us.

Furthermore though if FFP did not exist do you guys really think Real Madrid would have had a chance at outbidding us for Isco?

This exactly. The club may want to run the club along more business lines but if we wanted a player, we would get him and never be outbid.

So you force a player to come to city who wants to go some where else? Also our owners want to make money not lose money