PL charge City for alleged breaches of financial rules

[SilverFox2]

I wonder what City’s hierarchy would do on a vote on FFP rules and whether to get rid. I’d be thinking they’d want them keeping in place, if you give clubs free rein on spending it unchains Newcastle who will be able to out spend everyone. I’ve no sympathy for any of these teams crying about it now, as a fan base we’ve been saying this for well over a decade but it fell on deaf ears.

What possible financial benefit would voting against it dofor City.?
Investors want advantage not fairness. Our owners have faught to invest for years why would they give a free immediate advantage to others who want to get rewards immediately?

 

[bobbyowenquiff]

What possible financial benefit would voting against it dofor City.?
Investors want advantage not fairness. Our owners have faught to invest for years why would they give a free immediate advantage to others who want to get rewards immediately?

That’s a fair comment but I believe Khaldoon has integrity and will keep his position. City have always stressed they relish competition and I would be surprised if they did a U-turn on FFP in its current format. They may support a revised fair version though.

 

[feedmpenzaandhewillscore]

That’s a fair comment but I believe Khaldoon has integrity and will keep his position. City have always stressed they relish competition and I would be surprised if they did a U-turn on FFP in its current format. They may support a revised fair version though.

FFP that reflects what an owner can invest with cash in hand rather than what the banks will allow you to lend on a business loan. Also how much debt a club has should be a considering factor, don’t think the rags will go for any of that though.

 

[hammocity]

That’s a fair comment but I believe Khaldoon has integrity and will keep his position. City have always stressed they relish competition and I would be surprised if they did a U-turn on FFP in its current format. They may support a revised fair version though.

This is not my idea but I’ve heard it several times over the years. FFP was obviously brought in to stop the old Cartel being overthrown and like Newcastle are now learning investment is very difficult and anti competitive.

To make it fairer, owners should be allowed to invest as much they like up to the value of the highest grossing club in the league, with adjustments for operating expenses (the more a club turns over, the more costs they incur).

So as an example Newcastle last season had a 250m turnover, City 727m. There would need to be a formula but let’s say it means Newcastle (and any other club) could invest without incurring FFP violations. The wage bill would need to be taken into account and perhaps the transfer budget would need to be regulated but the main thing is it would allow clubs to invest and encourage competition without the spectre of failing FFP.

The money generated also helps other clubs as spending on transfers filters down to other clubs, admittedly sometimes the money goes abroad but that’s a consequence we live with currently .

I realise there’s also the UEFA FFP rules to contend with but in any other line of business no problems are insurmountable. In the case of football and the old G14 they’ve made up their own rules to try and keep the Status Quo but something needs to change.

 

[JASR]

This is not my idea but I’ve heard it several times over the years. FFP was obviously brought in to stop the old Cartel being overthrown and like Newcastle are now learning investment is very difficult and anti competitive.

To make it fairer, owners should be allowed to invest as much they like up to the value of the highest grossing club in the league, with adjustments for operating expenses (the more a club turns over, the more costs they incur).

So as an example Newcastle last season had a 250m turnover, City 727m. There would need to be a formula but let’s say that it means Newcastle (and any other club) could invest without incurring FFP violations. The wage bill would need to be taken into account and perhaps the transfer budget would need to be regulated but the main thing is it would allow clubs to invest and encourage competition without the spectre of failing FFP.

The money generated also helps other clubs as spending on transfers filters down to other clubs(, admittedly sometimes the money goes abroad but that’s a consequence we live with currently .

I realise there’s also the UEFA FFP rules to contend with but in any other line of business no problems are insurmountable. In the case of football and the old G14 they’ve made their own rules up to try and keep the Status Quo but something needs to change.

The lack of spending by PL clubs in the January window was pretty scarey...not for the PL clubs, but for all other clubs down the English pyramid. The lack of cashflow is going to cause issues next year for them, and if, by the looks of it this summer PL spending is also reined back considerably by FFP/P&S, then it's going to be disastrous for the English leagues. longterm planning for X number of players to be lost to other higher up clubs for profit, goes out the window, and cut backs will start having to be made... I think we'll see a wave of clubs going into administration and possibly bankrupt.
The complete bogus premise of Financial Fair Play and it's not fit for purpose (and indeed worded as against a trades description act! - Fair play my arse) implementation for the benefit of the generally US owned cartel clubs and their blinkered hanger-ons fighting for their scraps.... and who will get the blame for the absolute shambles... City...
Blinded by the media and spouted bollox, the fans of clubs facing zero player spending, administration and bankruptcy will roll out the 'what about City' trope, and ignore the instigators of this complete fiasco, The unitid's, the Liverpool's, the Arse and their fellow pig headed trough gougers.

 

[Scoobz3]

I believe it was 8 or 9 times before he won a pot

Be a great stat to have if thst's true - real easy to understand put-down that even a rag should get his head around !

 

[cheekybids]

The lack of spending by PL clubs in the January window was pretty scarey...not for the PL clubs, but for all other clubs down the English pyramid. The lack of cashflow is going to cause issues next year for them, and if, by the looks of it this summer PL spending is also reined back considerably by FFP/P&S, then it's going to be disastrous for the English leagues. longterm planning for X number of players to be lost to other higher up clubs for profit, goes out the window, and cut backs will start having to be made... I think we'll see a wave of clubs going into administration and possibly bankrupt.
The complete bogus premise of Financial Fair Play and it's not fit for purpose (and indeed worded as against a trades description act! - Fair play my arse) implementation for the benefit of the generally US owned cartel clubs and their blinkered hanger-ons fighting for their scraps.... and who will get the blame for the absolute shambles... City...
Blinded by the media and spouted bollox, the fans of clubs facing zero player spending, administration and bankruptcy will roll out the 'what about City' trope, and ignore the instigators of this complete fiasco, The unitid's, the Liverpool's, the Arse and their fellow pig headed trough gougers.

I wonder if the analysis has been done to understand where the money goes. It would be an interesting exercise to see for example if we sign Grealish £100m then Villa spend that with £40m on Buendia from Norwich & so on.

It’s simple economics to crave revenue coming in when it’s stagnant.

 

[Shaelumstash]

Correct. I'm Irish and my whole family are blues including my late dad's 4 brothers and their families so it goes down generations.

The dippers and the rags have the vast majority of the Irish following because of one thing, historical success. In the North of Ireland it doesn't matter if you're catholic, protestant or whatever both sides have massive fan bases from both religions. You will see fans from the north flying both tri-colour and union jack at games with the club badge (depending on what side of the community the fan is from)

Pre-internet all we had was the ferry and match of the day which meant united/Liverpool were the team's the majority followed - success/easy travel.

However there are also significant city, arsenal, spurs, Chelsea supporters and clubs all over the island of Ireland.

In terms of the Irish media, nationality means fuck all and I don't like the tone some on here take regarding that. They are parrots for their paymasters and need clicks, the exact same as the British media that we all lambast as exclusively pro-red. The Irish sports media are cunts but it's nothing to do with nationality and everything to do with who pays their wages, same as in England.

Mate, this is a brilliant post. I came on to add the exact same sentiments you wrote in your last paragraph. You put it perfectly, so I'll just repeat it:

"In terms of the Irish media, nationality means fuck all and I don't like the tone some on here take regarding that. They are parrots for their paymasters and need clicks, the exact same as the British media that we all lambast as exclusively pro-red."

 

[Gordyola]

This is not my idea but I’ve heard it several times over the years. FFP was obviously brought in to stop the old Cartel being overthrown and like Newcastle are now learning investment is very difficult and anti competitive.

To make it fairer, owners should be allowed to invest as much they like up to the value of the highest grossing club in the league, with adjustments for operating expenses (the more a club turns over, the more costs they incur).

So as an example Newcastle last season had a 250m turnover, City 727m. There would need to be a formula but let’s say it means Newcastle (and any other club) could invest without incurring FFP violations. The wage bill would need to be taken into account and perhaps the transfer budget would need to be regulated but the main thing is it would allow clubs to invest and encourage competition without the spectre of failing FFP.

The money generated also helps other clubs as spending on transfers filters down to other clubs, admittedly sometimes the money goes abroad but that’s a consequence we live with currently .

I realise there’s also the UEFA FFP rules to contend with but in any other line of business no problems are insurmountable. In the case of football and the old G14 they’ve made up their own rules to try and keep the Status Quo but something needs to change.

Agree with this and also to protect a club any owner investment has to be duplicated into a escrow account along with any operating losses protected for a rolling 3 years

 

[Hoghead]

Apologies if this has been posted previously but this is an extract of the governments position regarding the regulator but in particular, Culture Secretary Lucy Frazer, who was speaking at the FT Business of Football Conference said.....

Regulator to have 'limited powers'​

Frazer said the regulator will have 'limited powers', which would not involve having a view on whether nation states are the right bodies to own Premier League clubs.

"All the regulator is doing is looking at financial stability," she said. "That is appropriate. Foreign investment is part of the economy and makes the game competitive.

"The Premier League is a massive cultural export. We don't want to do anything to damage that. Whether a foreign state should own the club is not in this bill. We want people who run clubs to run them well."

This is all good noise but there will be a change of Administration this year and though they say they are supportive of the regulator they will not be able to help themselves in politicalizing the role especially the view on human rights in the Middle East (IMO). So as they say, watch this space.

EFL deal could be 'imposed' on Premier League clubs

Culture Secretary Lucy Frazer warns Premier League clubs that if if they fail to reach a funding deal with the EFL, it will be imposed on them.

www.bbc.co.uk