How will we work within platini's rules?

I say this with a heavy heart and I hope I have the discipline to stand by it and I know no one but me really cares about this but...if these rule hold us back unfairly (i.e. if United or Liverpool are allowed in and we are not) then I will give up on football for good.

I am sure my cancelling of a skysports/espn package and one less tv watching the world cup for the ratings will make no difference to anything but at least I'll feel like I did somethig. Obviously I'll not get the chance to stick a knife in the belly of Platini or want to do time for such. So it'll be all I can do ... other than just take it and continue supporting City as I always have.

I'd hate the idea of walking away from City. They are more a part of me than my arms or legs. But there's only so much heart ache you can take and knowing that no matter what we do the rules will be changed against us then for my sanity I would have to turn my back on the club and game I love.

Maybe a life away from football, with family and friends could be just as rich? I shiver at the thought though.
 
bcliffe145 said:
Are TV rights included in this??
Click to expand...

TV money is revenue so that is OK.

Incidentally I was looking into this and Barca and Spain could be in trouble as there may be a further amendment to make single club TV deals fall outside of allowable revenue.

That would be done so that the smaller clubs in all top leagues get a fair share of those monies. I heartily agree with that as it certainly would be a step towards a more level playing field.

It would also mean both Barca and Real would become insolvent overnight.

Funny that eh!
 
TonyM said:
I say this with a heavy heart and I hope I have the discipline to stand by it and I know no one but me really cares about this but...if these rule hold us back unfairly (i.e. if United or Liverpool are allowed in and we are not) then I will give up on football for good.

I am sure my cancelling of a skysports/espn package and one less tv watching the world cup for the ratings will make no difference to anything but at least I'll feel like I did somethig. Obviously I'll not get the chance to stick a nife in the belly of Platini or want to do time for such. So it'll be all I can do ... other than just take it and continue supporting City as I always have.

I'd hate the idea of walking away from City. They are more a part of me than my arms or legs. But there's only so much heart ache you can take and knowing that no matter what we do the rules will be changed against us then for my sanity I would have to turn my back on the club and game I love.

Maybe a life away from football, with falimy and friends could be just as rich? I shiver at the thought though.
Click to expand...

Your City future is safe mate, don't despair :)
 
The MEN summary -


Manchester City have little to fear from new UEFA rules aimed at reining in the excesses of football’s reckless spenders.

The Blues have been seen, in some quarters, as prime targets for the new rules, which were rubberstamped by the European governing body on Thursday and will be phased in gradually between 2012 and 2020.

The rules will basically exclude from European competition any clubs who fail to live within their means, although they will be given time to bring their spending under control.

They are the brainchild of UEFA president Michel Platini, who has declared war on wealthy club owners who he believes are ruining the game through overspending and running up debt.

City made a £92.6m loss in 2008-09, the highest in the Premier League, even before they embarked on last summer’s £117.5m player spree.

If they were to do that in two years’ time they would, on the face of it, be threatened with exclusion from European competition.

They would also fall foul of Premier League rules, which are expected to follow UEFA’s example. But football finance expert Dr Rory Miller, of Liverpool University, says that City have far less to fear from the initiative than others in thePremier League.

“The two key things which UEFA are targeting are clubs who carry debt, and those that are not living within their means,” he said.

“As far as I can see, they are not against people coming in to buy clubs, as long as they are not loading it with debt.”

Investment

City owner Sheikh Mansour has already wiped out the £304.9m debt at City by converting his loans to the club into equity, or shares in the club.

The Blues are also gearing up to ensure the club will be able to stand on its own two feet by the time the new rules are in full swing. The vast, ongoing investment into the club aims to make sure that they are able to compete with Europe’s best on the field, and to be a global entity and a club of real substance off it.

The £1bn plans to re-develop the entire Eastlands site, possibly increasing stadium capacity to 60,000, aims to maximise revenue – and the average five per cent ticket price rises this summer are part of the strategy of ensuring the club will eventually pay for itself.

“As the rules stand, if you buy a club and put in new equity and finance, that is fine,” said Dr Miller.

“If you buy a club and then take out debt to improve facilities or build a new stadium, Uefa don’t have a problem.

“But if you are a club which runs persistent losses, financed by borrowing, there is a problem. When you get the kind of plans City have for developing the area around Eastlands, I don’t think UEFA would want to be seen trying to stop such investment in a socially-deprived area. It’s not what they are about.

“They do have a problem with owners who buy success without making a financial commitment, in terms of expanding the equity of the club.”

The new rules will start to come into force in 2012-13. For three seasons, club owners will still be able to subsidise total losses of £38m, and for three years after that the figure will be scaled down to £26m.

UEFA hopes to eventually scale down the level of subsidy to zero, meaning every club will have to live within its means.

The governing body still has to figure out how it can plug loopholes.

It would be difficult, for instance, to police sponsorship deals with companies linked to the owners, or other ways of pumping money into a club indirectly.
Click to expand...
 
The easiest way for Citys owners to solve the problem.

City own a Abu dhabi investment company that makes £300m a year. not illegal not paying stupid fees, sponsors, boxes, gifts from mates, loans or any other mad ways we can all think of to get some cash etc.

(on a side note a good one was Abu Dhabi FC sign players and loan them back to us for free no wages as they are outside UEFA so they cost us nowt and we have no wage bill)

They just now own a company that makes the profit that they need to spend every year and its part of MCFC as a whole so we can use it as generated income.

In a similar way that Arsenal make money from selling flats.
 
Manchester City FC reported record 1st quarter earnings today of £250,000,000. Sources within the club said that profits were boosted by a mysterious and sizable kit order from Abu Dhabi which included an astonishing 6 million shirts. Chief Executive Gary Cook was quoted as saying "They just love our new kit in Abu Dhabi!"

Problem solved.
 
Couldn't we just say get one of Mansour's companies and say it's part of the club?

I mean like get a hotel, casino, theme park etc put our logo on it and say it's part of the club so we get all the profit and we are therefore self sufficient?

Or is this what we are already doing?
 
fbloke said:
bcliffe145 said:
Are TV rights included in this??
Click to expand...

TV money is revenue so that is OK.

Incidentally I was looking into this and Barca and Spain could be in trouble as there may be a further amendment to make single club TV deals fall outside of allowable revenue.

That would be done so that the smaller clubs in all top leagues get a fair share of those monies. I heartily agree with that as it certainly would be a step towards a more level playing field.

It would also mean both Barca and Real would become insolvent overnight.

Funny that eh!
Click to expand...

lol
 
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