No, because equity investment from owners would be allowed without FFP/PSR limits. The 25% percent of annual turnover amortised debt limit would stop a Leeds situation where they mortgaged the club to the hilt, based on getting to the CL knockout stages every season.
The first season Leeds didn't make the CL, they were forced into a fire sale of the squad, & sank further & further down the league until they were finally relegated, with huge debts they couldn't service. IIRC, weren't they also forced to sell their stadium too?
If Leeds' long-term amortised debt leveraged against the club was limited to 25% of their annual turnover, they would have had ample wriggle room to restructure, without putting the club's very existence at risk.
It's a two pronged approach to stop reckless owners leveraging debt on their clubs, but also giving sensible ambitious owners the ability to invest their own capital as they see fit, to enable them to secure PL status (Forest) or challenge for the league (Newcastle).
FFP/PSR stops this, merely because the Cartel Clubs think it's unfair on them being challenged by new owners with more money to invest.
The really annoying thing is that there is one journalist who could have done this, David Conn, who is (supposedly) a Blue. He's made a career out of exposing the corrupt and dodgy side of football.Same feeling here. There's definitely a story to be told. Shows me how everyone are sheep much more than I ever thought.
Something else that surprises me is that we are obviously treated differently in their coverage of City, the posion they must speak to each other about our club before they go on air stinks across the whole broadcast. Why has no reporter, pundit, anyone, reported on, written about etc. Its blanket hatred, its a story in itself.
Remember what CAS reported after they found City not guilty. The panel felt like there was an element of a witchhunt being waged against our club or words to that affect.What am I missing? We took Ceferin and UEFA to CAS and we won. Why would the words of Ceferin represent anything more than the words of a sore loser? The highest court in Europe for sport has already ruled in our favor. His opinion is not only parochial but lacks any validity. But somehow him saying he thinks we were guilty is treated like some big revelation by the press and these mutts on social media. It's outright comical. There's not an ounce of common sense being applied and it's deliberate.
Last week the big headline was City to be relegated. Never mind the FACT that Stefan Borson's main point on his Talk Shit appearance was that he believed the Prem could not prove their case. Relegation was only mentioned as a possibility if were we to lose. How is that news?
This Terry Flewers on his The Football Terrace stream on YouTube took an email that Nick Harris posted on Twitter relative to our bringing Brahim Diaz to City and spun it into City "trafficking" underage players into our academy. The email says nothing except that we need to be careful to ensure we basically dot our I's and cross our T's in terms of his parents establishing themselves as living in Manchester. How the fuck does this guy have the balls to use a term like trafficking? He goes on to call that demented fuck Nick Harris a very credible journalist several times and he concludes with a statement that this invalidates our entire academy set up and all the benefits we've derived in terms of players and profits from sales.
You can't make this up in terms of the public gaslighting going on day in and day out both in the press and on social media. It does make me wonder if all these assholes were so sure City were guilty of all the things they're being accused of doing why do all this piling on of obvious misrepresentations, exaggerations, and slurs? The lack of objectivity speaks volumes to the fact that they HATE us, simple as. Truth and justice hold no place in any of this for them whether we are guilty or not. It's a disgusting public shaming that's unwarranted and unethical even if we were actually guilty of some misdeeds. But if we are eventually cleared there has to be a reckoning. What that is I don't know, buy I know it can't be forgive and forget, not for me...
FSG: Jürgen...Rick tells us City are going to be found not guilty and they are on the warpath. Might be a good idea to manage you're exit, along with your staff to protect the club. We'll get our best marketing men on it and make sure the fans canonise you before the shit hits the fan. Any future action by City is then mitigated as "We've learned from our mistakes." When do you want to do the interview on LTV? They are currently in reception.
Weren't there posters on here claiming City's relationship with UEFA had improved hugely with Ceferin being in charge? Same with apparently friendlier relations with the Liverpool board. It's about time they learned that none of these snakes can be trusted...EVER.
Fuck yeah!Getting a lot of use out of that hat aren't you haha.
I hate to agree with Daniel Levy, but if you borrow £500m to build a new & bigger stadium on a 25 year mortgage, that will add £20.6m per season to your long-term amortised debt.Ah I thought you were saying limit any losses rather than limit debt. So you’re saying allow any losses as long as they’re covered by equity and any debt must be limited to a percentage of revenue?
Not averse to that. I would say not all debt is equal though, particularly as the asset growth in football has been so huge in the last couple of decades.
I'm sure they know far more than either us or the media, but this is sport. Going out of your way to unjustly destroy another club, whether it's the ruling bodies, the red top parasites, the media or the lunatic fringe in other fan bases is not how it should be and if it was City acting like this, I would walk away. At least this week will give us something to laugh at as rawk has a meltdown.It's politics. You do what you have to to get what you want. I am pretty sure the club's higher-ups understand what is going on.
He’s to take up a position on an independent commission after being headhunted by Murray Rosen.UEFA crumbling
Klopp and his staff leaving Liverpool
Might just be a coincidence.