Three cheers for the authorities having the balls to do it. They Broke the rules as did saracens in rugby who were properly punished.
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Most liked posts in thread: Man City - From another planet
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Park bantam Regular StarterP.L.22/23 EntrantStop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Fordy117, Bronco, Bantamsteve and 4 others like this.
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I dont like the playing field being distorted, but at least with Man City the money is coming into the game and they've done a huge amount for the local community. Whereas Man Uniteds owners saddled them will a billion pounds worth of debt and continue to leech off the club and its fans. Wheres the intervention for that sort of thing, or countless other examples of completely mismanaged clubs?
The game is largely ruined now anyway. As I say, the playing field is nowhere near level, even in the context of the inevitability of big clubs always having more resourcesStop hovering to collapse... Click to collapse... Hover to expand... Click to expand...bantamdave41, ConnecticutBantam, Bronco and 3 others like this. -
Rogered Tart Regular StarterP.L.22/23 Entrant P.L.23/24 Entrant
Football at the top level sucks big time. Just a plaything for the very rich and large companies to exploit the fans with overpriced merchandise. The game is so far removed from its original premise it means very little to me anymore. The whole game is corrupt from the top down, the clubs used to see the fans as a privilege, now the clubs believe they are bigger than the fans that follow them, like somehow you should feel privileged that they are allowing you to follow them. Football has changed inexplicably over my life time.
bantamdave41, Tony Wilkinson and Bronco like this. -
I personally would like to see the FFP rules tightened within the English game but recent history within the EFL suggests I'll be waiting a long, long time for that to happen!Bronco, Rogered Tart and Interested Bystander like this. -
I really hope if the latest rumour is true that they get a second ban and the Premier League kick them out. Apparently they expect to lose the CAS appeal and are planning to take it to the European Court for Human Rights. Yes you heard that right, a member of the Abu Dhabi royal family and Vice-president of the UAE is going to try and claim UEFA are infringing his human rights. They apparently don't have irony in Arab countries
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Tony Wilkinson, Faithful Bantam and Bronco like this. -
There is now talk that UEFA will open a new investigation into PSG now that they have concluded the Man C one.
I also want to see a level playing field at all levels of the football structure. The Man C investigation shows what can be done and now its up to UEFA to repeat what they've done with others and for the PL, La Liga etc to investigate their own clubs. And I should also include the EFL in that list!Interested Bystander and Faithful Bantam like this. -
Edin Nowhere Impact SubP.L.22/23 Entrant
I don't agree with FFP, I think a club should be able to spend what it wants as long as it also covers all debt that it incurs.
All FFP does it keep the bigger clubs head and shoulders above everyone else as it is impossible for a club to close the gap on the commercial power of Real Madrid, Man Utd, etc.
If Bill gates wanted to buy Plymouth and bankroll them to be Champions League winners as long as he covers the debt why is that a bad thing.
Man City won't go bust and they can afford to spend what they are spending. It's the other end where the financial rules should really come into play, so people like Dale can't buy Bury for £1 and run it into the ground, before taking the ground as his own.
Saying that if Man City signed up to these rules and they broke them they only have themselves to blame, however I don't think a set of rules that keep the status quo as the big spenders is really in the interest of anyone other than the elite few.ConnecticutBantam and Bronco like this. -
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Interested Bystander and Storck like this.
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Offcomedun Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro2020 Winner Euro 2020 P.L. 20/21 3rd Place
Manchester City is now a PR front organisation for one of the world's most ruthless despotic regimes. They probably have the financial muscle to bankrupt EUEFA and would do it in a heartbeat rather than be seen to be beaten. They're using the Trump tactics of alleging bias preventing them getting a fair trial. I'd love to see Man City get the book thrown at them and booted out of the PL. But I fear the ramifications for football could be much more seismic than that.
https://www.theguardian.com/football/2020/feb/17/manchester-city-backers-are-not-the-sort-to-take-punishment-lying-down?CMP=Share_AndroidApp_Copy_to_clipboardTony Wilkinson and Rogered Tart like this. -
A lot of Man Utd fans want the Saudis to buy the club and I just don't get it personally, you can have issues with the Glazers but wanting a club owned by someone who doesn't care about legacy, tradition and values and just wants to use it as a play thing to throw money at to mask what a corrupt, backwards and despicable stain on humanity that their countries are is worseStop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Offcomedun and Bronco like this. -
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Faithful Bantam and Dennis like this.
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So they initially got a slap on the wrist because it was the first accounting period and they were able to show income that would put them within FFP and put the Etihad deal into context but they were lying to UEFA about the other income which is why the books been thrown at them. If everything else had been above board and hence they hadn't lied they would have got away with the punishment they already had
As for saying Chelsea were allowed to do it, it was largely Chelsea that caused it, not because what Abramovich did was necessarily wrong but the trend he started. We saw lots of clubs both in England and Abroad being bought by rich people thinking that they could just throw money at it for quick success. When that success wasn't basically instantaneous like it was at Chelsea they stop funding it and the club can't support the outgoings (See Portsmouth for example).
Ultimately so much of the figures put out there come either directly from MUST or from people they pay and its misleading. They act like no-one made money out of the club before. The final year of the PLC for example united has 260million share issues and paid 2.64p per share as a dividend. That's £6.8mill in total. On top of that, they were paying a special dividend on top of that every year that was roughly equal to the standard dividend meaning in reality they paid out dividends close to £14mill in that final year of the PLC. Dividends had been increasing by around 6% a year so 15 years later the dividend payment would be around £32.5mill. Ofc that's ignoring how much revenue went up which would have almost certainly caused bigger dividend increases, the PLC liked selling United as a luxury brand so a lot of potential sponsorship was turned down for lower-paying but higher class sponsors (Which is something that in the famous 100 question letter put forward by John Magnier and JP McManus (united biggest shareholders) at AGM as part of their Feud with Fergie over a racehorse focused on. Its almost certainly a big part of what made the Glazers realise how much money was left on the table and how undervalued United as a business was. £32mill is actually MORE than the debt costs to service and the dividend the Glazers no pay themselves so if the growth in dividends had been more in line with the revenue it would be significantly less
They also forget things like Dividends get paid AFTER-tax but debt servicing is before so it actually provides a tax shield (The reason why for example Apple has $50bn in debt despite having around $250bn free cash) and that many of the figures they throw into the 'Cost of the Glazers' are non-cash deductions such as Goodwill that don't cost the club anything and actually again save money by providing a tax shield. They also like acting like the floating again on the stock market was stealing from the club when the owners are free to sell parts of their own how they wish and the club are due none of it. They forget that actually the Glazers gave around half of the money raised to the club.
The Glazers aren't perfect owners, there is certainly a valid discussion to be had about them but its something you really can't have as MUST has done a good job at painting the situation as the club having over a billion less to spend on players than they would have under the PLC. They have created a situation where its seen as anyone is better (I mean at one point they were using Randy Lerner as an example of a good owner and currently most fans seem to want the Saudis despite them only wanting the club to join in the middle eastern 'I can spend more money than you' competition and to help sport wash their human rights record ) especially if its someone they feel will want MUST onboard so will give them some power back.
I certainly prefer a club built on good business than on the back of a rich owner as you never know when that rich owner might stop funding things. The Glazers suddenly disappear off the face of the earth United continue along fine, Monsour and co do the same and City are bankrupt in a few yearsStop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Interested Bystander likes this. -
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Fordy117 likes this.
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Get Rid Of It Squad PlayerP.L.22/23 Entrant Supporter P.L. 20/21 Top 20
Why just the English game though, isn't it similar in Spain,Italy,Germany(just bayern as top dogs followed by the rest) and France(just PSG as top dogs followed by the rest).
The one thing i will say is the English Premier League does tend to be a better watch worldwide than the others with their slower paced game.
Hence it is a magnet for every tom dick and harry billionaire.
Agree with the original OP, it is a different planet from where we find ourselves at City.Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bronco likes this. -
The difference with PSG is they have already been to CAS and won which is why nothing is happening now to them, so City will be hoping that goes in their favour when their day in Court is
Bronco likes this. -
Tony Wilkinson Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 10Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...SimonW likes this.
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Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Fordy117 likes this.
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One thing is for certain if they do get found guilty for a second breach your lot had better hope they get out of League 2 this season. There is already talk based on punishments in other countries that they may be kicked down to League 2 and a second breach I would say that has to be almost certain. As even teams getting relegated from the PL struggle offload all their overpaid players I imagine while alot would go in the first window there would be a decent chunk who miss out right away as they aren't willing to take a pay cut to go elsewhere
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Fordy117 likes this. -
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...ConnecticutBantam likes this.
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