by FA cup winners 2006 » Sun Feb 02, 2014 5:44 pm
I agree with the earlier poster who said that some fans are too over confident in relation to FFP. Although I do think that we will be able to show we are moving towards a more sustainable footing and our revenues are due to increase significantly, I would still have a few concerns.
If I have read it right, the new regulations (introduced this year) only allow clubs directly affected by the non sanction to another club can object to City's involvement, so that would be whoever finishes 4th, 5th and 6th in the PL. also the way I understand it is, 1st of all the club has to be sanctioned, then that club can plea bargain, if accepted, another club directly effected can object. so lets say the following scenario arises. Both PSG and City fail FFP (which we will) and are sanctioned and both appeal (plea bargain) the punishment and both are allowed into the CL, then clubs directly effected can object, in our case it would be probably Liverpool, Spurs and Utd. (4th, 5th and 6th). In france it would be Lille, st. Etienne and Marseille, I know who it would be easier to shut up. So you would have it where Platini's hands are clean. he can point to the fact that City are not been picked on as PSG were also sanctioned, got their plea bargain like City but no one on France objected to it so PSG were allowed to play while in England 3 clubs did object and thus City were banned.
It probably looks like we are going to fail round 1 of FFP, but by how much depends on the outcome of an investigation into some of our income. If our intellectual property rights are passed and all of our campus development costs can be accounted for last year including discounting the £10m paid to Mancini as a once off extraordinary payment, then we might come close to the cut-off point where the most extreme punishment would not seem feasible.
We seriously delayed releasing our figures this year with no apparent explanation, why?
Just to add, I have full faith in the City management team to sort this, but it was always going to be done with creative accounting techniques.