This guy determined we will fail FFPR

[Anonymous]

Wow! Swiss on BM! The grown up's grown up. I take it Ed is quaking in his Punk Football (™) onesie?

 

[Anonymous]

Gotta love this forum. This thread was brilliant as it stood, then Swiss Ramble turns up.

 

[The Fat el Hombre]

Swiss Ramble on Bluemoon? It's like having the Queen drop in to your house for a cuppa. Welcome Kieron. Milk and sugar?

Interesting news about the pre-June 2010 wages and explains why the £80m claimed by City was way above either if our estimates (I had it in the £55-60m range on my figures). Which goes to show you can read FFP till you get a migraine but little things like that always pop up and surprise you.

Like you, I can't see anything in FFP that would allow UEFA or the licensor to add back impairment taken in prior years. So if we keep the bottom line loss to around £55m, then I think we'll just shade it. However, I should point out we'll either pass or fail by a considerable amount, as you can only use the £80m if it's the only reason you failed FFP and you would have passed if taken into account.

Bloody hell. Was feeling confident til you said that

 

[Ray78]

Welcome Swiss Ramble and thank you for providing more balance to this thread.

 

[gordondaviesmoustache]

Swiss Ramble on Bluemoon? It's like having the Queen drop in to your house for a cuppa. Welcome Kieron. Milk and sugar?

Interesting news about the pre-June 2010 wages and explains why the £80m claimed by City was way above either if our estimates (I had it in the £55-60m range on my figures). Which goes to show you can read FFP till you get a migraine but little things like that always pop up and surprise you.

Like you, I can't see anything in FFP that would allow UEFA or the licensor to add back impairment taken in prior years. So if we keep the bottom line loss to around £55m, then I think we'll just shade it. However, I should point out we'll either pass or fail by a considerable amount, as you can only use the £80m if it's the only reason you failed FFP and you would have passed if taken into account.

Bloody hell. Was feeling confident til you said that

I've got a funny feeling we might just crawl over the line somehow.

 

[Kinkys Left Foot]

Swiss Ramble on Bluemoon? It's like having the Queen drop in to your house for a cuppa. Welcome Kieron. Milk and sugar?

Interesting news about the pre-June 2010 wages and explains why the £80m claimed by City was way above either if our estimates (I had it in the £55-60m range on my figures). Which goes to show you can read FFP till you get a migraine but little things like that always pop up and surprise you.

Like you, I can't see anything in FFP that would allow UEFA or the licensor to add back impairment taken in prior years. So if we keep the bottom line loss to around £55m, then I think we'll just shade it. However, I should point out we'll either pass or fail by a considerable amount, as you can only use the £80m if it's the only reason you failed FFP and you would have passed if taken into account.

So we have to fail to pass - brilliant!

P.S. Thanks Kieron for accepting my invite to offer your considerable knowledge and insight into the thread.
Oh and thanks to all the BM Posters who mostly kept this exchange of opinions civil as I'm sure Kieron wouldn't have wanted to get involved in a thread where everyones spleens were being vented!

 

[jay_mcfc]

Swiss Ramble on Bluemoon? It's like having the Queen drop in to your house for a cuppa. Welcome Kieron. Milk and sugar?

Interesting news about the pre-June 2010 wages and explains why the £80m claimed by City was way above either if our estimates (I had it in the £55-60m range on my figures). Which goes to show you can read FFP till you get a migraine but little things like that always pop up and surprise you.

Like you, I can't see anything in FFP that would allow UEFA or the licensor to add back impairment taken in prior years. So if we keep the bottom line loss to around £55m, then I think we'll just shade it. However, I should point out we'll either pass or fail by a considerable amount, as you can only use the £80m if it's the only reason you failed FFP and you would have passed if taken into account.

Bloody hell. Was feeling confident til you said that

Does this mean Ed was right after all?

 

[Hamann Pineapple]

Wow! Swiss on BM!

Rambling is very much like making love to a beautiful woman

 

[ffplay]

Really interesting interchange with Swiss Ramble.

Chaps, you will be pleased to here that I have updated the piece and the calculator.

It is now set at 'best case for City' scenario.

I have removed all the UEFA adjustments - should have done that in the first place. Just put them in if you think they will happen. And wages are now at £80m

The magic figure is £ £497740 (about £50m give or take).

I really didn't know that UEFA's RPT rules were a cut and paste from an accounting standard - genuinely thought they had carefully pulled them together - thanks to PB for that.

Interesting to see that Swiss Ramble think that, although Bridge/Santa Cruz could possibly be adjusted he thinks City can justify it and the £13m wont't be considered to be 'taking the mick'.

If I read him correctly, he seems to think that UEFA could adjust for Etihad the RPT but won't. That has always been my position on this board.

To make things easy, I have taken out the £12.8 RPT adjustment for Intellectual Property and Know How. The CFCB could contest that of course (some or all). Only add it in if you think they will (so you probably won't).

As you know it has always been my position that I thought City would fail the test. I still think that but understand that EVERYONE on the board thinks City will pass and I am in minority of one. I don't know of one person outside Twitter or Forums that has stuck their head up and said the numbers don't work. The title of this thread says is fairly well - this guy thinks City will fail FFP (still)

<a class="postlink" href="http://www.financialfairplay.co.uk/latest-news/all-eyes-on-manchester-city-s-ffp-results" onclick="window.open(this.href);return false;">http://www.financialfairplay.co.uk/late ... fp-results</a>

 

[City Raider]

wow the man is in the house