I'm not so sure. I'm under the impression that every financial rule implemented by the various footballing powers is with the intention of securing power for those already possessing it.<br /><br />-- Fri Sep 02, 2011 9:39 am --<br /><br />spurspinter1 said:r.soleofsalford said:THFC6061 said:Well for starters, the last set of financial figures available has City spending 106.4% of their total income on player's wages.
UEFA recommend a maximum spend of no more than 70% to be financially viable.
Any business, be it a football club or anything else, can't spend more than it's total income on wages and expect to be run on sound financial principles.
The season previous to that had City declaring a loss of £89.7 million - the highest figure in the Premier League that season.
uefa recommend. ffs. have you heard yourself, our owner made £4 billion in profit from selling his barclay shares alone, and you think uefa can tell him how best to look after his own financial well being.
THFC601 isn't saying the rules are there to ensure your owner makes money from the business, from what I understand the rules will be in place to create a level field financially.
I would love to see if we could poach him in the near future. He's young, seems bright, and would fit in well as an understudy in our system. ;)whitt said:Speculate to accumulate.
Sandro looks like a triffic player to be fair.