It's Quiet thread 14 - 'do one' edition

Status
Not open for further replies.
Tbf I think projectriver has proved beyond doubt that he knows what he's talking about when it comes to finance so I don't mind reading what he has to say whilst there's fuck all else to get excited about atm.
 
projectriver said:
This is nonsense. If City are talking about making a payment in shares connected with his employment a) it is a P&L item and b) FFP has anti avoidance measures that will adjust the P&L for such transactions.

The last para is also nonsense.
Click to expand...
They aren’t. CFG are.Which with my limited understanding has no impact on City’s profit and loss.
 
blueparrot said:
May have missed something , but I thought the talk of CFG shares were to avoid paying wages from City so making it affordable avoiding FFP violations and that they wouldn’t be cashed until after he left again to avoid it coming from the club. Didn’t think avoiding tax was a driving consideration behind it.
Click to expand...
He should pay his tax like a normal person or he will get hunted for it from HMRC, we dont want his time here to be being chased by the tax man

I am going off him
 
ffp are relax this season so wonder what our finances be like when assessed in 3 years time? I have a feeling if fans don’t get into grounds it be relax again next year.
 
projectriver said:
Except the point is it is pretty much impossible to rock solid sure unless a) he's taking a 50% paycut and we aren't paying a fee or b) we are "creating" c.€200m of player sale profits. The point on Castles podcast that I responded to suggested using shares could never be "rock solid" because it has never been tried before.

So your simple analysis is probably wishful thinking. And that is why some of us are interested. In fact, given there is no debate as to whether he's actually going to improve us or be fun to watch, how we can actually afford him whilst protecting the next 10 years of success is some people's key interest in the days before we sign him. It is mine and it should be the board's...I'm sure it is.
Click to expand...
Well how about discussing it in an FFP thread in the main forum then, seeing as the majority on here are more interested in us signing the guy rather than giving a shit about how we pay him.
 
Neville Kneville said:
How does it work if Messi gets shares in the CFG which is outside UEFA ?
Click to expand...
FFP gives UEFA power to adjust certain items in the P&L. If it thinks City are loading costs artificially into CFG it will do us. And it now knows exactly which buttons to press, how to ask for information, what to sanction us for non-compliance, what to argue at CAS etc etc. We are playing with fire if we try and be too smart. Either he works as a City signing under FFP without loads of bells and whistles or he doesn't. The wolves (literally and metaphorically) are waiting eagerly for us to slip up.
 
Rammy Blue said:
Well how about discussing it in an FFP thread in the main forum then, seeing as the majority on here are more interested in us signing the guy rather than giving a shit about how we pay him.
Click to expand...
what you debating? is he good? will he score a shit load? where he will play? Either way, I'll oblige and log off in a minute when I am ready. Feel free to read my posts or not.
 
kaz7 said:
He should pay his tax like a normal person or he will get hunted for it from HMRC, we dont want his time here to be being chased by the tax man

I am going off him
Click to expand...
You're going off him based on a load of information which has no basis in fact. Everything is guesswork at the moment.
Let's wait and see what actually pans out before going off him for something that may not even happen.

*purely talking about his wage situation, not his past issues with the taxman*
 
projectriver said:
FFP gives UEFA power to adjust certain items in the P&L. If it thinks City are loading costs artificially into CFG it will do us. And it now knows exactly which buttons to press, how to ask for information, what to sanction us for non-compliance, what to argue at CAS etc etc. We are playing with fire if we try and be too smart. Either he works as a City signing under FFP without loads of bells and whistles or he doesn't. The wolves (literally and metaphorically) are waiting eagerly for us to slip up.
Click to expand...

But surely, they can only legislate for the part where he plays for Manchester City ?

If he has a 2 year deal for MCFC for 275k pw, then moves to China or USA, how can they police it then ?
 
Adebayor said:
after we’ve won it three times and we’ll all be laughing.

anyone thinking we can’t afford this deal is literally a moron.
Click to expand...
I AM A MORON. Without selling a player (or swapping one) to create a massive fat profit (say Jesus at a notional €100m, we almost certainly can't afford it under FFP as it stands.
 
projectriver said:
Christ, are we really going to do this nonsense again. We will not beat UEFA next time. FFP gives UEFA plenty of power to sanction the club. It will not make the same mistakes next time. We are playing with fire.
Click to expand...
Said exactly the same yesterday, seemed I was the only one concerned by this.
We nearly got banned from Europe which could have cost us hundreds of millions of pounds and could have set us back years.
We dodged a bullet and it’s looking like we’re prepared to stick our head right down the barrel again.
I don’t understand how we have gone from sponsorship will cover it to having to do this.
Seems stupid to me.
 
Neville Kneville said:
But surely, they can only legislate for the part where he plays for Manchester City ?

If he has a 2 year deal for MCFC for 275k pw, then moves to China or USA, how can they police it then ?
Click to expand...
If that is the deal there is no issue. But if at 35/36 his wages jump to £1.5m pw, you think UEFA etc won't twig? They won't fuck up the investigation this time.
 
Status
Not open for further replies.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top