john68 wrote:Beefymcfc wrote:Foreverinbluedreams wrote:John68,
Fear not, everything is well in hand
http://www.isportconnect.com/index.php? ... Itemid=177
The MEN re-confirmed today that we will have no problems complying with FFPR.
I don't doubt that Beefers Mate. Whilst we are mainly groping in the dark with what little knowledge and info we have been given, I have no doubt that our club has ben working on this shit with teams of informed experts for some time now.
THAT IS NOT THE PROBLEM...The problem is and has been largely ignored by all and sundry on here and it is how it has already affected our club, how it is currently affecting our club and how it may affect our club whilst we are pursuing a policy of compliance. Everyone seems to be concentrating their thoughts on 3 years time. THIS SHIT HAS ALREADY AFFECTED US AND IS CURRENTLY AFFECTING US.
....and that my dear Beefers is what I have been banging on about for fucling ages.
I am not so much worried to much whether a transfer embargo may be imposed by the Prem or UeFA in the 3 years time. But what about the club's SELF IMPOSED transfer embargo of the last 2 windows?
john68 wrote:Piccs,
What a lovely rosy picture you paint, sadly, it doesn't stand quite so rosy when studied a little deeper mate. I wish it did, it would save us all a lot of messing about....I get headaches when I think too much....:-)
Our turnover did indeed improve dramatically from £153M to £231M last years but that is only part of the picture. The balance sheet also shows that wages and operating costs rose dramatically too. Wages from £174M to £201.8M alone. The club were clever to ensure they sidestepped most in depth or critical analysis by releasing the figures late on a Friday and most of the media simply regurgitated the clubs more positive conclusions.
The truth remains that even with such a huge improved turnover, City still made a loss of around £100M and that has to be offset within the timescale given (both for the Prem and UeFA FFPRs).
Though City announced an improved performance of almost £100M, those figures don't fully reflect the truth. One off payments in the previous figures (£34M) and a one off income the latest figures (£12M), somewhat skew the true position and a truer reflection of our improvement would be around a little more than around £50M.
The point being that as a ball park calculation, our huge improvement in turnover was not reflected quite so well in the profit/loss sheet.
I don't doubt for one moment that our owners, backed by their teams of lawyers, accountants and advisors willfind some strategy to sort this problem out, but from the figures we know, we would wrong to consider the ladder already pulled up with us already secure. We are far from that position yet.
Sorry if that pisses on your chips...have a pie instead...:-)
carl_feedthegoat wrote:The only way to beat a cheat is to fuckign cheat , and thats what we will do to get round all of this shit.
Goataldo wrote:Tokyo Blue wrote:Peter Doherty (AGAIG) wrote:Goataldo wrote:Just had a peek over at The Dark Side and their take on FFP...amongst the predictable arrogant bile, there's a poster called Finneh, for whom it seems, the penny has dropped. Fair play to the rag:
http://www.redcafe.net/f7/so-these-fina ... dex13.html
Scum.
Indeed, PD.
Sorry Goataldo, I am not clicking on that.
From, Tzu's "Art of War" - '"Keep your friends close and your enemies closer"
Come on lads, not asking you to support the rag bastards.
I wonder if we'd have won the war if we hadn't wanted to decode German messages, cos they were nasty and German and smelled of sausages.
Blue Since 76 wrote:What we'll see is a continual trimming of our wage budget over the next few years. We're now a top 4 team and players will therefore want to come. We won't therefore need to pay the wages we had to originally to get the players in to get into the CL.
That was why de Jong was allowed to go, as he wouldn't accept realistic wages. The likes of Barry won't have their current contracts extended. I'm sure we'd be happy to keep him, but he'll get something similar to what he'd get at Everton or Spurs. Why pay players more AND let them win stuff. The rags rarely pay over the odds on wages as most players will take the bit less for the likely success. It may mean a 'lean' few years in terms of league wins, but what's new? And it's not like we'll be paying under the market, so if a player wants to be in the PL there's no reason not to pick us.
For a truly top quality play, we may pay a huge amount, just as the rags do. But the majority of the squad will be on wages most of the PL couldn't afford but not two or three times what they should be on.
The last two windows have shown us being much tougher on transfer fees to the point and the same will happen with wages. We've got the turnover we need, we just need to reduce costs without risking top 3 finishes. Add in extra TV money and additional ticket revenue in a few years when the ground has been extended and we're safely in that elite group.
As for the best players we need eg a Falcao I wouldn't be at all surprised if they didn't accept surprisingly low wages whilst finding that Abu Dhabi based companies were really keen on sponsoring them. Maybe. If they signed for the right club.
Ted Hughes wrote:
We will still pay top wages for top players; just not 50 of them. We could not go on & on just signing more & more players every year. We have only so many spaces in the squad. People seem to have forgotton this detail. At some point we had to take stock.
Our wage bill has always included some players signed by past managers who are not good enough for where we were at the time & some players signed by the then manager at the time who are not good enough. It's the same still now.
Get rid of them, sign a few quality players, use more academy players to fill the gaps & increase sponsorship. Better squad but similar or smaller wage bill plus more income to pay for it= job done.
Peter Doherty (AGAIG) wrote:Goataldo wrote:Tokyo Blue wrote:Peter Doherty (AGAIG) wrote:Goataldo wrote:Just had a peek over at The Dark Side and their take on FFP...amongst the predictable arrogant bile, there's a poster called Finneh, for whom it seems, the penny has dropped. Fair play to the rag:
http://www.redcafe.net/f7/so-these-fina ... dex13.html
Scum.
Indeed, PD.
Sorry Goataldo, I am not clicking on that.
From, Tzu's "Art of War" - '"Keep your friends close and your enemies closer"
Come on lads, not asking you to support the rag bastards.
I wonder if we'd have won the war if we hadn't wanted to decode German messages, cos they were nasty and German and smelled of sausages.
Goataldo, my response was to having read what some of the scumbags on there have to say and how much they don't give a shit about football, just winning trophies for themselves.
Socrates wrote:It's bad for us. Not because we cannot meet it, we can. But because meeting it will restrict our ability to invest further if needed to achieve our aim of being the country's most successful club. Our ability to buy any player who we can afford and who wants to come will be hit. The changes are doubtlessly legal in terms of their right to set the rules of the competition however they see fit and my opinion is that any legal challenge will be be restricted to the application of the rules in the early stages if clubs are failing because of older contracts. Longer terms these rules will stick, as I'm sure will the UEFA rules. I keep reading that City have access to the best legal minds around. That has been true since the start of FFP so why are we trying to comply? The answer is surely, sadly, that those best legal minds are telling us that we have to because UEFA, and the FA, can legally set their own rules. The precedent for those rules to include financial aspects is well established. In terms of our position in the top 4/5/6 it isn't bad news but in terms of our ability to push on and be clear number 1 it is very bad news indeed.
Socrates wrote:It's bad for us. Not because we cannot meet it, we can. But because meeting it will restrict our ability to invest further if needed to achieve our aim of being the country's most successful club. Our ability to buy any player who we can afford and who wants to come will be hit. The changes are doubtlessly legal in terms of their right to set the rules of the competition however they see fit and my opinion is that any legal challenge will be be restricted to the application of the rules in the early stages if clubs are failing because of older contracts. Longer terms these rules will stick, as I'm sure will the UEFA rules. I keep reading that City have access to the best legal minds around. That has been true since the start of FFP so why are we trying to comply? The answer is surely, sadly, that those best legal minds are telling us that we have to because UEFA, and the FA, can legally set their own rules. The precedent for those rules to include financial aspects is well established. In terms of our position in the top 4/5/6 it isn't bad news but in terms of our ability to push on and be clear number 1 it is very bad news indeed.
Im_Spartacus wrote:Socrates wrote:It's bad for us. Not because we cannot meet it, we can. But because meeting it will restrict our ability to invest further if needed to achieve our aim of being the country's most successful club. Our ability to buy any player who we can afford and who wants to come will be hit. The changes are doubtlessly legal in terms of their right to set the rules of the competition however they see fit and my opinion is that any legal challenge will be be restricted to the application of the rules in the early stages if clubs are failing because of older contracts. Longer terms these rules will stick, as I'm sure will the UEFA rules. I keep reading that City have access to the best legal minds around. That has been true since the start of FFP so why are we trying to comply? The answer is surely, sadly, that those best legal minds are telling us that we have to because UEFA, and the FA, can legally set their own rules. The precedent for those rules to include financial aspects is well established. In terms of our position in the top 4/5/6 it isn't bad news but in terms of our ability to push on and be clear number 1 it is very bad news indeed.
There is an aspect though which puts us at a clear advantage.
Infrastructure and development is outside the tariff in both ffp measures. The clubs with the sugar daddies can afford to invest in the very best youth system, wheras clubs like united who are commercial in nature cannot just throw money at that aspect because their owner doesnt have the money. United are one of the fortunate ones as they can use profits, but at clubs like Liverpool where the owners have shown no inclination to even invest in the playing staff, this is a very worrying development
carl_feedthegoat wrote:Socrates wrote:It's bad for us. Not because we cannot meet it, we can. But because meeting it will restrict our ability to invest further if needed to achieve our aim of being the country's most successful club. Our ability to buy any player who we can afford and who wants to come will be hit. The changes are doubtlessly legal in terms of their right to set the rules of the competition however they see fit and my opinion is that any legal challenge will be be restricted to the application of the rules in the early stages if clubs are failing because of older contracts. Longer terms these rules will stick, as I'm sure will the UEFA rules. I keep reading that City have access to the best legal minds around. That has been true since the start of FFP so why are we trying to comply? The answer is surely, sadly, that those best legal minds are telling us that we have to because UEFA, and the FA, can legally set their own rules. The precedent for those rules to include financial aspects is well established. In terms of our position in the top 4/5/6 it isn't bad news but in terms of our ability to push on and be clear number 1 it is very bad news indeed.
Players have been payed in "other" ways as a sweatner in the past to ge tthem to sign on , we will get round it by playing "our own" game of monopoly.
Fukcing wankers the scum are.
Socrates wrote:It's bad for us. Not because we cannot meet it, we can. But because meeting it will restrict our ability to invest further if needed to achieve our aim of being the country's most successful club. Our ability to buy any player who we can afford and who wants to come will be hit. The changes are doubtlessly legal in terms of their right to set the rules of the competition however they see fit and my opinion is that any legal challenge will be be restricted to the application of the rules in the early stages if clubs are failing because of older contracts. Longer terms these rules will stick, as I'm sure will the UEFA rules. I keep reading that City have access to the best legal minds around. That has been true since the start of FFP so why are we trying to comply? The answer is surely, sadly, that those best legal minds are telling us that we have to because UEFA, and the FA, can legally set their own rules. The precedent for those rules to include financial aspects is well established. In terms of our position in the top 4/5/6 it isn't bad news but in terms of our ability to push on and be clear number 1 it is very bad news indeed.
Return to The Maine Football forum
Users browsing this forum: AFKAE and 173 guests