dasblues said:
All the information points to passing the first monitoring period and therefore complinance with FFP.
The problem is we only pass due to a couple of clauses ie disallowable expenses (Academy / community spend) and wages on contracts signed before June 2010.
The headline figure will probably be around £150m loss over the two years, which is what the press will jump on.
Like others have said, this needs to be managed very carefully in terms of the negative press coverage that it will generate.
Chelsea buried their results in releasing on New years eve, perhaps we are waiting for a big enough news story to limit the damage?
The problem is that, until City's results are announced, 90% of the media will have been unaware of the exemption for pre June 2010 contracts.
They will find it completely incredible that a club could make losses totalling £150m over 2 years and still comply with FFPR. UEFA really should have managed expectations better, stressed that FFPR is being phased in, that there are unlikely to be draconian punishments in the first couple of years. They've allowed the perception to develop that FFPR will be tough from the outset.
There's actually a very good story for UEFA to tell about how FFPR has impacted on City. The club is on the verge of profitability, a few years earlier than it would have been without FFPR. All that talk immediately after the takeover about City recruiting a Worlds best Fantasy Football team didn't materialise. Yes, we've bought some very good players but, since the Kaka fiasco, we have been focusing on getting good value rather just writing mega cheques. And we've spent money on youth development and infrastructure which is what UEFA have been trying to encourage via FFPR. UEFA could make a very strong argument that FFPR has worked as far as City are concerned. But they probably wont.