Patientman63
Well-Known Member
Re: Financial Fair Play will not affect us.
I thought that was Rooney the Rug?
City Raider said:
I thought that was Rooney the Rug?
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Financial Fair Play/Financial Report (merged)
- Thread starter Golden Balls
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BoyBlue_1985
Well-Known Member
Re: Financial Fair Play will not affect us.
I think we will fail but close enough to scrape by. I think a busy summer is afoot. If Chelsea can break even after buying half of the world im sure we can
I think we will fail but close enough to scrape by. I think a busy summer is afoot. If Chelsea can break even after buying half of the world im sure we can
Re: Financial Fair Play will not affect us.
The rags already do this as do the arse.
Not read the whole thread but I think the fact that WE now employ the 2 people from Delloittes who UEFA took on board for 18 months to come up with FFP in the first place, bodes well for the club.
RadcliffeRick said:I read an article somewhere that City are going to form a second company to pay non players wages in order to get the outgoings on wages down to a level acceptable to the FFP rules, I also read that a team not too far away already has 8 separate companies set up to pay the wage bills. I need to get their accountants to come to the bank manager with me to explain that even though I am in debt I am actually very, very rich and he needs to keep my overdraft facility as it is!! After all they have convinced 639million people that a club with massive debts is the richest in the world.
The rags already do this as do the arse.
Not read the whole thread but I think the fact that WE now employ the 2 people from Delloittes who UEFA took on board for 18 months to come up with FFP in the first place, bodes well for the club.
graham baker
Well-Known Member
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- 1 Jul 2008
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Re: Financial Fair Play will not affect us.
PSG reporting a loss of 5,5 mill euro.
Their sponsorship with Qatar worth 150 mill euro pr season, raising to 200 mill euro from 2015....
PSG reporting a loss of 5,5 mill euro.
Their sponsorship with Qatar worth 150 mill euro pr season, raising to 200 mill euro from 2015....
Re: Financial Fair Play will not affect us.
Fair play to them...doing exactly what we should be doing. As their owner said "why should we stop spending when all the big clubs have spent for the past 20 years"
graham baker said:PSG reporting a loss of 5,5 mill euro.
Their sponsorship with Qatar worth 150 mill euro pr season, raising to 200 mill euro from 2015....
Fair play to them...doing exactly what we should be doing. As their owner said "why should we stop spending when all the big clubs have spent for the past 20 years"
JGL07
Well-Known Member
Re: Financial Fair Play will not affect us.
The Leisure complex is intended for the former Super Casino Site (or Collar Site). Nothing official has come out about this or about stadium expansion because it is under discussion.
The training ground, the sixth form college, the sports science facility and the Beswick Leisure Hub are on the former Aniline Site or adjacent to it.
Shaelumstash said:jrb said:The thing is, once the leisure destination and all the other proposals associated with the land around the stadium are up and running, FFPR will be a distant memory. "Oh how we were worried at the time."
No other club in England, especially England, let alone Europe, has similar plans. It will be a game changer.
)
You've obviously taken a keen interest in the Campus project, so I'm interested to get your take, and an update of the facts on the Leisure Destination. Has there been any update on this from anyone associated with the club since the Etihad sponsorship deal of the Campus was announced?
My interpretation was that a feasibility study was done of building an "Internationally significant" leisure destination, and that it was found to be not feasible because of the location / weather etc. So instead it was decided the site would be used for our academy / training facilities and some local facilities (6th form college, swimmings pool etc) that would be sponsored (by Etihad). The beauty being that the cost of building these would not count towards FFP, but the revenue would count in our favour.
There has obviously been wild speculation on Bluemoon about Las Vegas style hotels, Disney theme parks, Ferrari World etc, but there seems to have been absolutely no mention of any leisure destination by anyone associated with the club for over 2 years. I may be wrong on that, and I'd be delighted to be proven wrong, but I was very much under the impression that the "internationally significant" leisure destination idea had been dropped by the club some time ago?
The Leisure complex is intended for the former Super Casino Site (or Collar Site). Nothing official has come out about this or about stadium expansion because it is under discussion.
The training ground, the sixth form college, the sports science facility and the Beswick Leisure Hub are on the former Aniline Site or adjacent to it.
Re: Financial Fair Play will not affect us.
yes ! I live in France , was reading the DNCG report yesterday it reported 5,5m for the 2011-2012 season it included i think 100 m, it is not considred as simple sponsorship but as kind of contratct with a state in this case with Qatar tourism authority, but it will rise to 200 in the future
What helped PSG is that all players signed last season weren't overpaid and most of them on only 3 yers contract, i think for many reasons the fact that some players who started will not be required in the future because of high standard, some who are not so professional (don't accept to benched because of competitions,...) the wage bill was 107 million € i think this year with signing of lucas, zlatan lavezzi, thiago silva & van der wiel will rise by maybe 25 million and with more signing in the summer it will reach 160 or 170 and this where City wages fees should be arround!
graham baker said:PSG reporting a loss of 5,5 mill euro.
Their sponsorship with Qatar worth 150 mill euro pr season, raising to 200 mill euro from 2015....
yes ! I live in France , was reading the DNCG report yesterday it reported 5,5m for the 2011-2012 season it included i think 100 m, it is not considred as simple sponsorship but as kind of contratct with a state in this case with Qatar tourism authority, but it will rise to 200 in the future
What helped PSG is that all players signed last season weren't overpaid and most of them on only 3 yers contract, i think for many reasons the fact that some players who started will not be required in the future because of high standard, some who are not so professional (don't accept to benched because of competitions,...) the wage bill was 107 million € i think this year with signing of lucas, zlatan lavezzi, thiago silva & van der wiel will rise by maybe 25 million and with more signing in the summer it will reach 160 or 170 and this where City wages fees should be arround!
Re: Financial Fair Play will not affect us.
Any chance we'll get an invite to this?
<a class="postlink" href="http://www.thetimes.co.uk/tto/sport/football/europe/article3712126.ece" onclick="window.open(this.href);return false;">http://www.thetimes.co.uk/tto/sport/foo ... 712126.ece</a>
I'm don't have access to their pay wall so can't read it all, but sounds like an ideal loophole though perhaps set up by PSG (hence the Qatar link)?
Any chance we'll get an invite to this?
<a class="postlink" href="http://www.thetimes.co.uk/tto/sport/football/europe/article3712126.ece" onclick="window.open(this.href);return false;">http://www.thetimes.co.uk/tto/sport/foo ... 712126.ece</a>
I'm don't have access to their pay wall so can't read it all, but sounds like an ideal loophole though perhaps set up by PSG (hence the Qatar link)?
TCIB
Well-Known Member
Re: Financial Fair Play will not affect us.
The world’s leading football clubs are to be offered enormous financial inducements to participate in a 24-team tournament every two years in Qatar and neighbouring Gulf states, The Times has learnt.
Backed by the Qatari royal family, the self-styled “Dream Football League” (DFL) will release plans next month for a new club tournament that it hopes to establish as a rival to the Champions League and the Club World Cup.
The move, the latest stage of Qatar’s bid to establish itself as a dominant player in world football, represents a clear threat to the existing powerbases of Fifa, football’s world governing body, and Uefa, its European counterpart.
It remains to be seen which, if any, Barclays Premier League clubs will sign up for the project, but DFL is prepared to offer elite clubs such as Barcelona and Manchester United an astonishing €200 million (about £175 million) per two-year cycle in an attempt to gain support.
Its plan is to have four of England’s most prestigious clubs among 16 “permanent” DFL members, with a further eight global clubs competing on an invitational basis.
The project is being driven from Doha and Paris after the recent takeover of Paris Saint-Germain by Qatar Sports Investment (QSI).
Qatar is eager to win the full support of the increasingly influential European Club Association (ECA), which is involved in a continuing power struggle with Uefa and Fifa, but the recent ECA general assembly, held in Doha, featured a stern warning from Karl-Heinz Rummenigge, the chairman, to PSG about the French club’s aggressive attempts to win power and influence among the game’s elite.
If successful, the idea — which would feature the first tournament held across the region in the summer of 2015 — would change the face of world football, not least in widening the gap between the richest clubs and the rest.
The sums under discussion would dwarf those in the Champions League, which has an annual prize fund of £595 million. Chelsea won £47.3 million as European champions last season.
DFL’s idea is that the sums involved would lead clubs to make the tournament their top priority, even ahead of the Champions League and their domestic leagues, particularly in an era in which additional revenue will help clubs such as PSG and Manchester City, respectively owned by sovereign wealth funds in Qatar and Abu Dhabi, to overcome Uefa’s new “financial fair play” regulations.
The idea of holding the tournament in the summer is a key part of Qatar’s strategy. Having encountered widespread objections to its controversial plans to host the 2022 World Cup finals in summer, when temperatures soar beyond 40C (104F), Qatar aims to demonstrate that it can, with the backing of the most powerful clubs, overcome concerns about player and spectator safety with the use of air conditioning not just in the stadiums but throughout all host cities.
DFL plans to hold the tournament not only in Qatar but in six cities across the Gulf, with venues in Bahrain, the United Arab Emirates and possibly Saudi Arabia.
Officials from Uefa and the Premier League declined to comment on the DFL proposals last night. The ECA did not respond to inquiries.
Leading figures from Arsenal, Chelsea, Liverpool, Manchester City and Manchester United also declined to respond, although some privately expressed full support for the existing competition in club football while saying that they had not heard of the DFL proposals.
The existing European club competition structure has been far more stable since Uefa reacted to the “Media Partners” breakaway league threat of the 1990s by expanding the Champions League, but there have been renewed discussions in recent years about the idea of creating a competition whereby the elite clubs play each other more often than the present arrangements allow.
Florentino Pérez, the Real Madrid president, said in 2009 that it was time to push for “a new European super league, which guarantees that the best always play the best, which does not happen in the Champions League”.
At very least, it is possible that there will be a desire among the clubs to use the interest from Qatar to push for changes to the existing Champions League and Europa League structure and to the financial rewards that are involved.
But in Qatar they are serious about the DFL proposal.
As one source close to the project said: “These people have already shown that, if they want something to happen, they will throw enough money at it to make it happen. And the football industry has shown that everything can be bought for the right price.”
LoveCity said:Any chance we'll get an invite to this?
<a class="postlink" href="http://www.thetimes.co.uk/tto/sport/football/europe/article3712126.ece" onclick="window.open(this.href);return false;">http://www.thetimes.co.uk/tto/sport/foo ... 712126.ece</a>
I'm don't have access to their pay wall so can't read it all, but sounds like an ideal loophole though perhaps set up by PSG (hence the Qatar link)?
The world’s leading football clubs are to be offered enormous financial inducements to participate in a 24-team tournament every two years in Qatar and neighbouring Gulf states, The Times has learnt.
Backed by the Qatari royal family, the self-styled “Dream Football League” (DFL) will release plans next month for a new club tournament that it hopes to establish as a rival to the Champions League and the Club World Cup.
The move, the latest stage of Qatar’s bid to establish itself as a dominant player in world football, represents a clear threat to the existing powerbases of Fifa, football’s world governing body, and Uefa, its European counterpart.
It remains to be seen which, if any, Barclays Premier League clubs will sign up for the project, but DFL is prepared to offer elite clubs such as Barcelona and Manchester United an astonishing €200 million (about £175 million) per two-year cycle in an attempt to gain support.
Its plan is to have four of England’s most prestigious clubs among 16 “permanent” DFL members, with a further eight global clubs competing on an invitational basis.
The project is being driven from Doha and Paris after the recent takeover of Paris Saint-Germain by Qatar Sports Investment (QSI).
Qatar is eager to win the full support of the increasingly influential European Club Association (ECA), which is involved in a continuing power struggle with Uefa and Fifa, but the recent ECA general assembly, held in Doha, featured a stern warning from Karl-Heinz Rummenigge, the chairman, to PSG about the French club’s aggressive attempts to win power and influence among the game’s elite.
If successful, the idea — which would feature the first tournament held across the region in the summer of 2015 — would change the face of world football, not least in widening the gap between the richest clubs and the rest.
The sums under discussion would dwarf those in the Champions League, which has an annual prize fund of £595 million. Chelsea won £47.3 million as European champions last season.
DFL’s idea is that the sums involved would lead clubs to make the tournament their top priority, even ahead of the Champions League and their domestic leagues, particularly in an era in which additional revenue will help clubs such as PSG and Manchester City, respectively owned by sovereign wealth funds in Qatar and Abu Dhabi, to overcome Uefa’s new “financial fair play” regulations.
The idea of holding the tournament in the summer is a key part of Qatar’s strategy. Having encountered widespread objections to its controversial plans to host the 2022 World Cup finals in summer, when temperatures soar beyond 40C (104F), Qatar aims to demonstrate that it can, with the backing of the most powerful clubs, overcome concerns about player and spectator safety with the use of air conditioning not just in the stadiums but throughout all host cities.
DFL plans to hold the tournament not only in Qatar but in six cities across the Gulf, with venues in Bahrain, the United Arab Emirates and possibly Saudi Arabia.
Officials from Uefa and the Premier League declined to comment on the DFL proposals last night. The ECA did not respond to inquiries.
Leading figures from Arsenal, Chelsea, Liverpool, Manchester City and Manchester United also declined to respond, although some privately expressed full support for the existing competition in club football while saying that they had not heard of the DFL proposals.
The existing European club competition structure has been far more stable since Uefa reacted to the “Media Partners” breakaway league threat of the 1990s by expanding the Champions League, but there have been renewed discussions in recent years about the idea of creating a competition whereby the elite clubs play each other more often than the present arrangements allow.
Florentino Pérez, the Real Madrid president, said in 2009 that it was time to push for “a new European super league, which guarantees that the best always play the best, which does not happen in the Champions League”.
At very least, it is possible that there will be a desire among the clubs to use the interest from Qatar to push for changes to the existing Champions League and Europa League structure and to the financial rewards that are involved.
But in Qatar they are serious about the DFL proposal.
As one source close to the project said: “These people have already shown that, if they want something to happen, they will throw enough money at it to make it happen. And the football industry has shown that everything can be bought for the right price.”
Blue Haze
Well-Known Member
Re: Financial Fair Play will not affect us.
That sounds brilliant. Would love to see the Arabs break FIFA/UEFA's stranglehold on the game. With the prize money being talked about, Rummenigge's influence would be marginalized.
That sounds brilliant. Would love to see the Arabs break FIFA/UEFA's stranglehold on the game. With the prize money being talked about, Rummenigge's influence would be marginalized.
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