UEFA FFP investigation - CAS decision to be announced Monday, 13th July 9.30am BST

[Prestwich_Blue]

This notion that you can be so rich nobody can compete with you is in footballing terms, not really true at all. With or without FFP. You can only have 25 players in a squad, and you can only field XI. You might buy 11 of the most expensive players in the world, you might have the highest wage bill in the league as well, but it won't guarantee you success. So when people talk about it being unfair that owner X is this rich or owner Y is that rich, it's actually nonsense.

The truth of the matter is that whether it's FSG or Kroenke or the Glazers, they can all use their own wealth and match City pound for pound in our transfer spending. Regardless of how 'rich' Mansour is reported to be.

And the real problem is the Glazers have used someone else's money to enrich themselves. For me, that shows up the weakness of UEFA's regulatory regime. They subjected United to a degree of existential risk that should have been unacceptable.

When you look at many of the businesses going into administration, they're often owned not by people who genuinely care about the actual business or its customers, but by private equity, which only cares about getting back its money after loading the business with debt. If football club owners want to risk money, then it should be their own they risk.

 

[slbsn]

This notion that you can be so rich nobody can compete with you is in footballing terms, not really true at all. With or without FFP. You can only have 25 players in a squad, and you can only field XI. You might buy 11 of the most expensive players in the world, you might have the highest wage bill in the league as well, but it won't guarantee you success. So when people talk about it being unfair that owner X is this rich or owner Y is that rich, it's actually nonsense.

The truth of the matter is that whether it's FSG or Kroenke or the Glazers, they can all use their own wealth and match City pound for pound in our transfer spending. Regardless of how 'rich' Mansour is reported to be.

The "nation state" argument is also such a shit argument. First does the world regulate every industry https://www.mubadala.com/en invests its $230bn in? Many of those companies theoretically have industry distorting wealth behind them.

Do we stop Amazon, Google, Apple, Microsoft etc etc from spending for a 5, 10, 15 year return. All of these companies are bigger than the GDP of major "nation states". Amazon has $40bn IN CASH on its balance sheet. Google has $90bn IN CASH. Apple has $200bn IN CASH. Yet many companies are meant to somehow compete

 

[PannickAtTheDisco]

And the real problem is the Glazers have used someone else's money to enrich themselves. For me, that shows up the weakness of UEFA's regulatory regime. They subjected United to a degree of existential risk that should have been unacceptable.

When you look at many of the businesses going into administration, they're often owned not by people who genuinely care about the actual business or its customers, but by private equity, which only cares about getting back its money after loading the business with debt. If football club owners want to risk money, then it should be their own they risk.

It's not a problem, it's the best thing to happen to the rags since they were last relegated.

 

[BolinCell]

What I can't understand is why would City have an e-mail from senior people effectively saying, fuck you uefa, we have inflated our sponsorship valuation.

 

[Akpowell]

Explain "debt"?
Do you mean spending money you don't physically have in the bank?

Yes

 

[KS55]

What I can't understand is why would City have an e-mail from senior people effectively saying, fuck you uefa, we have inflated our sponsorship valuation.

No. No. No.

 

[Zabbasbeard]

Spoke to someone pretty well connected at City earlier, and he said that the feeling within the club was that the hearing had gone really well. Could of course mean nothing, as the arbitrators have only just started their deliberations, but it sounds promising so thought it was worth sharing.

Thanks Ric. Everything crossed.

 

[HelloCity]

No. No. No.

 

[dickie davies]

Yes

So as an example

We agree to buy Chilwell from Leicester for £80m
Our payment for the player is arranged as £40m up front and then the other £40m split equally over the next four years, £10m per year
After we have paid Leicester the initial £40m, if we don't have another £40m in the bank (the balance) then we would not be allowed to buy the player

 

[WRicko]

If an owner is a nation state with untold wealth which no other club in the league can compete with, would you still agree?
There has to be ffp but not in the current form EUFA are stitching City up with.

we are not owned by a nation state