How are clubs affording it without breaking FFP?

[Gorton_Tubster]

I’ve just had to reread what I posted as you seem to be suggesting I’ve said something else.

I’ve not mentioned debt.

FFP was brought in to keep the G14 at the top of the sport financially.

I guess they were lucky that it targetted City and actual money whilst at the same time allowing enormous debts for the g14. Purely coincidence? at the same time City were taken over? It ptrotected them yes, but specifically it very much seems like it targetted city and the like.

Or may be Platini had it correct when he said "Referring to the intention to reduce the plutocratic influence of the "sugar daddies", UEFA President Michel Platini said, "If you buy a house, you have a debt but that doesn't mean someone is going to stop you from working. If you depend only on a rich benefactor however, then the financial model is too volatile."

Surely thats pointing at City?

 

[bobbyowenquiff]

They wanted to ring-fence the 14 as best they could.

That still doesn’t make it City specific.

But all the private briefings to the media from our rivals MUFC and LFC, the poison pen letter from the hateful eight, the public comments from Bayern and their private discussions with Der Spiegl, and virtually everything Tebas of La Liga has said for the last five years, all mentioned City by name. So in the broadest sense it may be about protecting the G14 but we know they had City and PSG in their sights. Even this week the manager of our biggest current rival has tried to smear us again at a press conference.

 

[Alan Harper's Tash]

I guess they were lucky that it targetted City and actual money whilst at the same time allowing enormous debts for the g14. Purely coincidence? at the same time City were taken over? It ptrotected them yes, but specifically it very much seems like it targetted city and the like.

Your last 3 words are important though.

It’s a crazy system, which you rightly suggest hasn’t helped anyone avoid being run by poor owners.

It’s amazing that Barca have managed to get into a billion of debt given that they can only make an average loss of £30m
Per season.

 

[Alan Harper's Tash]

But all the private briefings to the media from our rivals MUFC and LFC, the poison pen letter from the hateful eight, the public comments from Bayern and their private discussions with Der Spiegl, and virtually everything Tebas of La Liga has said for the last five years, all mentioned City by name. So in the broadest sense it may be about protecting the G14 but we know they had City and PSG in their sights. Even this week the manager of our biggest current rival has tried to smear us again at a press conference.

They were questioning how City got their money. They didn’t like the answers given and they couldn’t prove anything was wrong even after our emails were hacked.

Of course initially FFP was meant to scupper us and PSG, but not specifically. It was to stop any club outside the G14 getting a wealthy owner and blowing them out of the water.

 

[Gorton_Tubster]

Some mental gymnastics going on in here.

 

[jacko74]

As I've mentioned elsewhere, I'd like to know how those who implement and monitor FFP can be so sure that united are complying with it, when their business is registered in and conducted from the tax and accounting blackhole that is the Cayman Islands.

 

[bobbyowenquiff]

They were questioning how City got their money. They didn’t like the answers given and they couldn’t prove anything was wrong even after our emails were hacked.

Of course initially FFP was meant to scupper us and PSG, but not specifically. It was to stop any club outside the G14 getting a wealthy owner and blowing them out of the water.

And presumably it is still happening because City are still not at the top table. The European Clubs Association (ECA) Exec Committee has all the key players from Juventus, Real Madrid, MUFC, Barca, Bayern, PSG, some with ongoing criminal allegations, but no one from MCFC. I believe Soriano tried to join but was frozen out. Rummenigge, Agnelli, and Al Khelaifi...cartel is too soft a word for these bastards. The difference between us and PSG is they are inside the tent.

EDIT: Looks like Woodward has gone but Spurs and Arsenal are now represented on the RCA Exec Board.
Further EDIT: But former COO at MUFC Michael Bolingbroke has now got a key position on the latest EUFA financial control body committee. The tentacles still go everywhere.

 

[Alan Harper's Tash]

And presumably it is still happening because City are still not at the top table. The European Clubs Association (ECA) Exec Committee has all the key players from Juventus, Real Madrid, MUFC, Barca, Bayern, PSG, some with ongoing criminal allegations, but no one from MCFC. I believe Soriano tried to join but was frozen out. Ed Woodward is still there and so is Rummenigge, Agnelli, and Al Khelaifi. Cartel is too soft a word for these bastards. The difference between us and PSG is they are inside the tent.

True. It doesn’t seem to affect us much though these days.

We’ve just made the historic clubs go almost bankrupt trying to keep up with us.

 

[Corky]

As I've mentioned elsewhere, I'd like to know how those who implement and monitor FFP can be so sure that united are complying with it, when their business is registered in and conducted from the tax and accounting blackhole that is the Cayman Islands.

It is conducted from M16 - not sure why you think this makes difference for FFP?

 

[Maldeika]

And presumably it is still happening because City are still not at the top table. The European Clubs Association (ECA) Exec Committee has all the key players from Juventus, Real Madrid, MUFC, Barca, Bayern, PSG, some with ongoing criminal allegations, but no one from MCFC. I believe Soriano tried to join but was frozen out. Rummenigge, Agnelli, and Al Khelaifi...cartel is too soft a word for these bastards. The difference between us and PSG is they are inside the tent.

EDIT: Looks like Woodward has gone but Spurs and Arsenal are now represented on the RCA Exec Board.
Further EDIT: But former COO at MUFC Michael Bolingbroke has now got a key position on the latest EUFA financial control body committee. The tentacles still go everywhere.

Rummenigge's only mandate left is sitting in the UEFA for the ECA after the turmoil with the Super League. He does not have any other job anymore as he retired from any jobs at Bayern.
Representative for Bayern in the ECA is now Oliver Kahn.