FFP Again

[john68]

This year has its share of one off losses too, which is why we're expecting further improvements.

Not sure if you misunderstood me or I am misunderstanding you Ronk.
When the one-off payments included in the last published balance sheet are removed, they reduce our losses from £197M to £146M.
If we have new one payments in the balance sheet to be published shortly, they would increase our losses.

The common consensus, at the moment, seems to be that we will ultimately fail to balance the books but are moving generally in the right direction. I think we are gambling that we can show we are moving sufficiently in the right direction and with our huge investment in the Academy and community, we are more than fulfilling UeFA policy and ethos for the future. The gamble being that UeFA will take this as mitigation and limit any sanctions against us.

[Beefymcfc]

Had to bring this back up. Anybody been hearing about PSGs new sponsor, the Qatari Bank, for 100 million Euros per year.

And what about the Chelsea sponsor, a company that RA sold, to then come back and sponsor his club, as well as making a deal with UEFA to sponsor them!

FFP, pfffff, another Titanic in the making.

[carl_feedthegoat]

Had to bring this back up. Anybody been hearing about PSGs new sponsor, the Qatari Bank, for 100 million Euros per year.

And what about the Chelsea sponsor, a company that RA sold, to then come back and sponsor his club, as well as making a deal with UEFA to sponsor them!

FFP, pfffff, another Titanic in the making.

Lets see what the fat french cunt says about that very thing Beefy !!

The first true test of UEFA's Financial Fair Play

The Financial Fair Play Assassin
Given the title, you can safely assume the club in question can be from one of the following: Manchester City, PSG, Manchester City, PSG, Chelsea, PSG and Manchester City. If you chose PSG, congratulations you win a quart of Quaker State!

There could be many that argue the first test was City's controversial stadium-naming rights from last year, but the latest news coming out of Paris makes the Etihad deal look meek and minuscule in comparison. I mean, this is just so...unreal.

PSG are in advanced talks with Qatari National Bank in regards to shirt sponsorship rights (and possibly stadium-naming rights) for, get this, €100 million per year. €100 million per year. I will say this one more time: €100 MILLION PER YEAR. If this doesn't make you feel sick to your stomach, it should and you should probably drink a gallon of month-old milk to replicate the feeling many around the sport have this morning upon hearing this news. This deal, if it goes through, would curb-stomp the £45 million per year deal Manchester United struck with Chevrolet

UEFA, and especially Michel Platini, now have their biggest test of FFP facing them square in their stupid, subjective faces. As Swiss Ramble points out in this wonderful and oft-linked piece:

UEFA tackle such deals by assessing whether they represent "fair value" and then deducting any excess (not the entire agreement) from the club’s income for the purposes of the FFP break-even calculation. Given the rate of change of such sponsorship deals, my view is that they are unlikely to exclude this deal.

What Swiss Ramble is alluding to in the last sentence is the Manchester City-Etihad deal. So, essentially, what this means for the potential PSG-QNB agreement is that 1) UEFA has some sort of subjective guidelines on what constitutes "fair value"- a guideline that has yet to be made public, and 2) HOLY BALLS THIS MIGHT ACTUALLY GO THROUGH.

It doesn't take a genius to figure out that the owners of PSG and Qatari National Bank are in cahoots with each other, considering each other's common interests, and if the majority of their sponsorship money can be excluded from their FFP break-even point then you can start to find some nails for the coffin that contains UEFA's attempt at controlling reckless spending in the sport.

[ashton287]

If they allow that 100 million a year deal to go through then it can only be good news for us and after signing a few new deals ourselves we can go buy messi.

[Beefymcfc]

The amounts involved are absolutely astonishing but probably in line with ours if you take the prices and wages paid. What was it, Ibrahimovic on around 20 million a season when you take tax into account. That really is amazing.

And what has Platini said about all this? Absolutely fuck all!

Remember the pasting's we were getting from all and sundry, Platini to Rumminigge (or whatever the fuckers called). Remember them all calling us out publically, never failing to mention our name in any presser that they could get their sweaty little faces on. Well Platini, what the fuck have you got to say now!

Fucking stinks the lot of it. First they allow France to re-host the Euros and give their creaking stadia a free makeover. He then jumps in to help the G14 conquer the might of City and a few more Russian clubs, but then, he fails to even mention his Garlic Munching Surrender Monkey's club when they are surely the biggest threat to what he is trying to achieve.

Hypocritical fuckers, the lot of them. I do hope we get banned and the Sheikh takes them to the cleaners, then sets up an alternative tournament which gives the winner a far bigger pay-day than the [strike]non-[/strike]Champions 'League can offer.

Wankers!

[Ted Hughes]

This is the kind of thing we have been expecting I think.

It may even be the case that the Qataris have spoken to Khaldoon etc about this, as they move in the same circles.

IF this deal comes to be, then UEFA either have to use sanctions against it or FFP is finished. If they try to use sanctions, I expect the Qataris to fight it. Then the Chelsea deal comes under the microscope as part of that & I would suggest Utd's Chevrolet deal, seeing as the bloke who arranged it was sacked.

I recon UEFA will let it pass & FFP will die. If not, all hell will break loose.

The comment from the PSG owners about how 'other clubs' should worry about their own problems & let PSG worry about theirs, is a clear indication that they believe UEFA are acting on behalf of their competitors rather than in the interest of football.

This is a battlefield opening with some of the biggest business investors in the world allied together on one side & a bunch of jumped up, corrupt, gravy train merchants on the other.

[Dameerto]

It was pretty obvious PSG would have to try getting the money back somehow, and Chelsea.

[john68]

I think you're right Ted, It certainly looks like the battle lines are being drawn.

I started to wonder some time ago whether the FFPR is not only a defence of the old order against clubs like City but also a wider defence by the European old order to stop the rise and competition for power from the Arabs, Russians, Asians and possibly in the near future China.

That would certainly be seen by the old order as a far bigger threat in the coming years.

LET BATTLE COMMENCE.

[Beefymcfc]

Let's face it, it's all about making money, nothing to do with what goes on, on the pitch. The Glazer's et al all want the profit (to either pay off debt or simply pocket it) for what they deem as 'Their Leagues'. They believe it was them that made these league's happen and they want to stay at the top while they sort themselves out. Once they are all well ahead because everyone else will fall behind, they'll change the rules again to allow them to push further ahead; it's just one of those never ending circle things.

It's not just about closing the shop, it's about ensuring the shop still makes a profit even when the doors are closed.

[carl_feedthegoat]

Im telling you, if this gets nasty and looks like clubs like us are going to lose out there will be a breakaway comp formed with astronomical prize money involved.....these arabs can blow the powers that be out of the fucking water if push comes to shove.

[Beefymcfc]

Im telling you, if this gets nasty and looks like clubs like us are going to lose out there will be a breakaway comp formed with astronomical prize money involved.....these arabs can blow the powers that be out of the fucking water if push comes to shove.

I think UEFA would be dragged through the courts before that happened mate and the whole structure of the 'Financial Fair Play Regulations' combined with 'Seeding' teams who have not actually won a bean for years, broken down to reveal not too much 'Fair Play' within the UEFA rulings.

Let's face it, they could be done for misrepresentation just by using the word 'Fair'.

[ashton287]

Im telling you, if this gets nasty and looks like clubs like us are going to lose out there will be a breakaway comp formed with astronomical prize money involved.....these arabs can blow the powers that be out of the fucking water if push comes to shove.

I don't think it will ever come to that. A new comp would take years to establish and attract the better clubs. If half the good sides in Europe left the CL it would just make the CL easier for the teams left to win it and if they have a decent shot at 60 million or a much smaller chance at winning the new comp with larger money most will take the safer option of sticking with the CL.

Anyway when push comes to shove uefa can't stand up to us or the qatari's. they run countries FFS, they have influence in circles above and beyond anything the fat cats of "soccer" can hope to match.

[feedthegreek]

the quataris have also got the world cup, and it wont be long before sheik mansour puts a bid in for the world cup also.

[Peter Doherty (AGAIG)]

I think you're right Ted, It certainly looks like the battle lines are being drawn.

I started to wonder some time ago whether the FFPR is not only a defence of the old order against clubs like City but also a wider defence by the European old order to stop the rise and competition for power from the Arabs, Russians, Asians and possibly in the near future China.

That would certainly be seen by the old order as a far bigger threat in the coming years.

LET BATTLE COMMENCE.

Bang on the money.

With regard to PSG and our own deal, they are not 'related party' deals and so UEFA can't even look at them.

[Beefymcfc]

I think you're right Ted, It certainly looks like the battle lines are being drawn.

I started to wonder some time ago whether the FFPR is not only a defence of the old order against clubs like City but also a wider defence by the European old order to stop the rise and competition for power from the Arabs, Russians, Asians and possibly in the near future China.

That would certainly be seen by the old order as a far bigger threat in the coming years.

LET BATTLE COMMENCE.

Bang on the money.

With regard to PSG and our own deal, they are not 'related party' deals and so UEFA can't even look at them.

Quite right, but they'll try to push it as was mentioned by Platini et al last time. Why mention our deal but none of the others? There can only be one reason, because they have been told to put us back in our box.

Imagine though, a sponsor paying massive amounts of money to a club for the soul reason of advertising their club in Prem and CL then some fucker says your money isn't worthy and you're banned. Even the sponsors would be taking the fuckers to court, never mind the club.

I wonder if this is why Chelsea's new sponsor is sponsoring both their club and UEFA (Champions League), to ensure the fuckers have nowhere to turn.

Stinks to high-heaven, piss-stained cunts!