Thing is with FFP, is that the bigger teams will just get bigger. Bigger turn over, more expensive players, win more, bigger turn over, expensive players, win more........rinse and repeat
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*Except Michael, who died. -
If this turns out to be true, what is in it for this bank? It does not make commercial sense for them, surely.Oh I don't know.Comment
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Oh, I'm sure they'll get value in other ways..
Suppose you have a physicist and a sociologist standing at the side of a field, observing a set of events unfolding on the field. The physicist does [describes] it using the terminology of mass and velocity and frequency of radiation and the rest. And the sociologist does it by describing it as a rugby match.
May the Lord bless this post.Comment
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By bigger, do you mean richer?Originally posted by Alex View Post
If Uefa don't apply FFP correctly, there will be an awful lot of pissed off big clubs who may want to ditch the CL and start up their own super league or something.Brandt - Keita - Van Dijk - SessegnonComment
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This is fine, we are one of the bigger teams. In some ways we are one of the biggest teams. At the moment the bigger teams can't compete with some smaller teams because those smaller teams are playthings for rich owners and don't have to pay their own way. In some ways that's fair as rich owners can spend their own money in whatever way they see fit. It isn't sustainable though, look at Blackburn and Portsmouth and what happened to them when rich owners stopped spending.Originally posted by Alex View PostNever knowingly optimisticComment
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man city losses 11/12 £97.8mill ............................Comment
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Manchester City owner Sheikh Mansour has bankrolled Roberto Mancini's lavish spending but Uefa could sanction the club. Photograph: Martin Rickett/PA
Manchester City will present a stern test for Uefa's new financial fair play rules when they come into force for the 2014-15 season after the club announced a loss of £97.9m for the last financial year. Uefa rules allow clubs in European competitions to make a total loss of €45m between 2011 and 2013, if that loss is bankrolled by an owner. So, City's loss for 2011-12 alone is almost treble the figure allowed.
The club indicated it will rely on Uefa's detailed exemptions in the hope of complying. The ultimate sanction for a flagrant breach of the rules, which are aimed at stabilising European football's finances, is exclusion from continental competition.
The rules allow a club to deduct from their losses money spent on infrastructure – mainly their stadium and youth academy. City are building a £140m training campus on 80 acres near their Etihad Stadium, but the bulk of the construction has not yet been done and so that expenditure does not eat far into the £97.9m loss.
The exemption on which City are set to rely begins with an allowance Uefa will make if a club's losses are higher than €45m for the 2011-13 years, but are being steadily reduced. City have halved their loss from the £197m, the highest ever in English football, in 2010-11, so will show Uefa that positive "trend". In this 2012-13 year, despite exiting the Champions League at the group stage, City will again expect to diminish the loss by increasing their income from commercial sponsorships and reducing costs by being prudent in the transfer market.
If that trend is happening, clubs can escape a Uefa sanction if they can show their overall loss is higher than the €45m allowed only because they made a loss in 2011-12 caused by the wages of players' contracts signed before 1 June 2010. That is vitally important to City, who did heavily invest in several top players, including Gareth Barry, Joleon Lescott and the £200,000-per-week Carlos Tevez, before that date.
City, whose spending is bankrolled by the oil-based fortunes of Sheikh Mansour of Abu Dhabi, made their £97.9m loss despite increasing income to £231.1m during their Premier League title-winning season. Mansour invested a further £169m to subsidise the spending, principally on players and wages, taking his investment in City to almost exactly £1bn since he bought City from Thaksin Shinawatra in*2008.
Announcing the figures, City said with confidence: "The application of allowable reliefs, for certain categories of expenditure and investment, position the club well for compliance with Uefa's financial fair play rules."
That will be assessed in the spring of 2014, so Uefa's view will depend on these accounts, and City's 2012-13 financial performance.
That rug really tied the room together.Comment
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So basically the FFP rules will be enforced because the rules allow for a pletora of loopholes?
Check.Football without Origi is nothingComment
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Paris Saint-Germain have clinched a massive deal with the Qatar Tourism Authority that will bring the Ligue 1 leaders more than €150 million over each of the next four seasons.
The agreement with the QTA, a body linked to the Qatari state that is aimed at promoting tourism in the Arab state, was revealed to French football's financial watchdog, the DNCG, on Tuesday, Le Parisien reports. It is not a sponsorship agreement but a "vast publicity campaign intended to promote the image of Qatar", the paper adds.
Retroactive for 2012, it will boost PSG's coffers by €150 million for the current campaign, increasing progressively to a minimum of €200 million in its final season, 2015-2016. That sum could be even larger, with the contract containing bonus clauses based on the team's performances in European competition.
The initial influx of revenue will help balance PSG's books for the current season, and keep them in line with UEFA Financial Fair Play guidelines. With European football's governing body taking into account clubs' finances as of the 2011-12 season, the deal with the QTA is a major boost for PSG. A recent France Football article had claimed nothing short of victory in the Champions League final this season would ensure the club met UEFA criteria.
Last edited by Vermilion; 20-12-12, 04:35 PM.Comment
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There is no FFP basically.
Just deluded owners thinking all and sundry will play by the rules."Its not about the long ball or the short ball, its about the right ball." Bob PaisleyComment
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Makes a total mockery of the system. Your move UEFA.Originally posted by Vermilion View PostJames Philip Milner Fanclub #1
Curtis Julian Jones Fanclub #1Comment
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It is not a sponsorship agreement but a "vast publicity campaign intended to promote the image of Qatar", the paper adds.
removing all the weak links makes us stronger
too many gutless players, no beef or desire. pussies everywhere... sack them all.Comment
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When is the first time they can act? It's a 3 year window that counts isn't it?Originally posted by Rich View Post"The man who never alters his opinion is like standing water, and breeds reptiles of the mind."
-- William BlakeComment
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