DenisLawBackHeel74
Well-Known Member
- Joined
- 20 Feb 2010
- Messages
- 11,514
So in summary for a simple soul like me.
FFP was muted a few years ago to stop another 'Leeds' overreaching. Then, when the new 'dirty' money came into football UEFA changed the FFP rules to try and stop these upstart clubs breaking into the cartel and spoiling the cash cow that the Chumps league had become. City therefore could not grow organically but had to spend quickly to try and catch up with the clubs who had been monopolising the big tv money for decades. In a normal business world this injection of capital is very normal but apparently football prefers teams with huge debts than new money coming in which would obviously be a good thing in any normal non corrupt business.
So, City spent. UEFA got grumpy and investigated and we were found guilty after the goal posts were changed on the small print around wages. An agreement was then made with the head of UEFA after City threatened a public trial for a minimal 'face saving' penalty. We took our pinch.
Now, a criminal hacker has made public through a German paper a load of City e-mails intimating that City were not completely open about their accounts when we were initially investigated. City appear to welcome this new investigation so the rumours can be put to bed.
So, in short, a corrupt organisation which is trying to protect its cash cow has been given stolen incomplete out-of-context documents and are starting another investigation against a club that does everything in the right way. Well done UEFA, top job.
This all seem about right ?
Yes that’s about the crux of it...you should blame horse racing because let’s be clear FFP was specifically introduced to prevent money from the Middle East coming into the game and dominating just like in that sport.