Financial Fair Play
Discussion
stuartmmcfc said:
I heard that as City can afford the very best lawyers, the case ( if gone to court ) would have dragged on for years. Ultimately there was a fair chance that City would have won.
Really, so does that mean any trophies won by other clubs in Europe in the meantime would have been null and void?Gandahar said:
stuartmmcfc said:
I heard that as City can afford the very best lawyers, the case ( if gone to court ) would have dragged on for years. Ultimately there was a fair chance that City would have won.
Really, so does that mean any trophies won by other clubs in Europe in the meantime would have been null and void?aeropilot said:
As far as I'm concerned, it's the owners prerogative how much they want to spend or not to spend.
A Chelsea fan ?Fact is that European football (especially CL) in which 42 country's participate, has become a game in which the same small group of clubs year on year play for the win. Clubs like Chelsea, City, PSG, Monaco, etc.etc would never be where they are now if not some overseas more money, than brains type would pay the bills (and than we haven't even discussed if it even is rightfully their money that they are spending).
It kills the sport.
The plan at City was always to spend big at the start and then be self sustaining - ironically the introduction of FFP meant that the spending had to be ramped up sooner. We're just lucky that the FFP drawbridge has hit us on the arse on the way in and not slammed shut in our faces. To compete and win and have continued success you need to spend big and you could argue that's been the case for the last 30 years.
DeltonaS said:
aeropilot said:
As far as I'm concerned, it's the owners prerogative how much they want to spend or not to spend.
A Chelsea fan ?Fact is that European football (especially CL) in which 42 country's participate, has become a game in which the same small group of clubs year on year play for the win. Clubs like Chelsea, City, PSG, Monaco, etc.etc would never be where they are now if not some overseas more money, than brains type would pay the bills (and than we haven't even discussed if it even is rightfully their money that they are spending).
It kills the sport.
Sadly, football ceased being a sport 25-30 years ago.
And lets not forget many clubs have benefited from wealthy owners for years, even those in lower divisions, but just on a different scale. What's the difference between an owner pumping a few million into a lower league club to keep them batting above their weight, or City spending several hundreds of millions keeping them where they are....?
The trick is to not let the money run out, as in Blackburn Rovers case.
BlackLabel said:
Does this Financial Fair Play thing still exist? It's working phenomenally well isn't it!
If neymar goes to PSG for £200 million this will be the basis of Barca's complaint apparently.They were explaining it on the radio earlier this afternoon with man city as an example. I can't remember the exactly figures but with the £100 million from the premier league, a few million from player sales and the 'allowed' spend (around £50 million i think) and with some creative accounting (they are moving their accounting year forward a month), they can spend £300 million this year!!
Old Man Fred said:
BlackLabel said:
Does this Financial Fair Play thing still exist? It's working phenomenally well isn't it!
If neymar goes to PSG for £200 million this will be the basis of Barca's complaint apparently.They were explaining it on the radio earlier this afternoon with man city as an example. I can't remember the exactly figures but with the £100 million from the premier league, a few million from player sales and the 'allowed' spend (around £50 million i think) and with some creative accounting (they are moving their accounting year forward a month), they can spend £300 million this year!!
FFP was a waste of time as soon as Etihad Airways, Etihad Fuel, Etihad Lingerie and Etihad Dog food all decided they had a longstanding desire to be commercial partners at Man City for hundreds of millions of £
That they're all owned by the same family as Man City is obviously coincidental
That they're all owned by the same family as Man City is obviously coincidental
It's a terrific rule that - as with all the best financial rules - allows those with the most money to circumvent / bend / ignore the rules that other teams have to play by.
Interestingly Manchester City have everything sponsored by Etihad. Everything.
Last season Nottingham Forest were investigated to make sure their shirt deal (the owner's company) wasn't paid for over the odds.
This season 3 teams in the Championship have a minimum of £85m by virtue of their failure in the premier league.
Other teams relegated last summer have slightly less as they're in year two of the three year jackpot
I can't find the quote but IIRC Newcastle United spending last summer was more than one / some Championship clubs have spent in their entire history.
FFP while valid in principle is creating tiers within tiers
Top 8 Prem
Everyone Else
Relegated teams in Championship
Stalwart Chamionship
Promoted from Lg1
Incredibly difficult to move upwards through those groups compared to yo-yoing or staying put.
Interestingly Manchester City have everything sponsored by Etihad. Everything.
Last season Nottingham Forest were investigated to make sure their shirt deal (the owner's company) wasn't paid for over the odds.
This season 3 teams in the Championship have a minimum of £85m by virtue of their failure in the premier league.
Other teams relegated last summer have slightly less as they're in year two of the three year jackpot
I can't find the quote but IIRC Newcastle United spending last summer was more than one / some Championship clubs have spent in their entire history.
FFP while valid in principle is creating tiers within tiers
Top 8 Prem
Everyone Else
Relegated teams in Championship
Stalwart Chamionship
Promoted from Lg1
Incredibly difficult to move upwards through those groups compared to yo-yoing or staying put.
Hackney said:
It's a terrific rule that - as with all the best financial rules - allows those with the most money to circumvent / bend / ignore the rules that other teams have to play by.
Interestingly Manchester City have everything sponsored by Etihad. Everything.
Last season Nottingham Forest were investigated to make sure their shirt deal (the owner's company) wasn't paid for over the odds.
This season 3 teams in the Championship have a minimum of £85m by virtue of their failure in the premier league.
Other teams relegated last summer have slightly less as they're in year two of the three year jackpot
I can't find the quote but IIRC Newcastle United spending last summer was more than one / some Championship clubs have spent in their entire history.
FFP while valid in principle is creating tiers within tiers
Top 8 Prem
Everyone Else
Relegated teams in Championship
Stalwart Chamionship
Promoted from Lg1
Incredibly difficult to move upwards through those groups compared to yo-yoing or staying put.
The problem being though that if you didn't have parachute payments, newly promoted teams to the Prem wouldn't spend any money on players. It's not the transfer fees, it's the wage commitments. You'd have a situation whereby the 3 promoted teams wouldn't almost be guranteed to be relegated every season. Which is why relegated teams have to get promoted again the 1st season, otherwise there is a fire sale in season 2 when the payments reduce. Whilst that means that it's very difficult to get promoted, at least you have a fighting chance of staying up if you are guaranteed £250m over the ext 3 seasons.Interestingly Manchester City have everything sponsored by Etihad. Everything.
Last season Nottingham Forest were investigated to make sure their shirt deal (the owner's company) wasn't paid for over the odds.
This season 3 teams in the Championship have a minimum of £85m by virtue of their failure in the premier league.
Other teams relegated last summer have slightly less as they're in year two of the three year jackpot
I can't find the quote but IIRC Newcastle United spending last summer was more than one / some Championship clubs have spent in their entire history.
FFP while valid in principle is creating tiers within tiers
Top 8 Prem
Everyone Else
Relegated teams in Championship
Stalwart Chamionship
Promoted from Lg1
Incredibly difficult to move upwards through those groups compared to yo-yoing or staying put.
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