Gianni Infantino: "clubs in breach of the rules will be barred from the Champions' League and the Europa League. Otherwise we lose all credibility".This isn't just some typical UEFA messing around at the tip of the iceberg, this is Platini's lovechild in legal form. He and the whole of UEFA really are staking everything on this. Garry Cook (Cock) knows this, and has described meeting the new rules as a "major challenge". Make no mistake, this summer was the last time City were able to spend like this beyond their means. I don't doubt there may be some major selling next year to finance some bigger moves in addition to the £40m-odd Mansour is allowed to put in, but they can no longer operate as far beyond clubs like ourselves as they have done.
Quote from: Monty on October 01, 2010, 12:35:40 PMGianni Infantino: "clubs in breach of the rules will be barred from the Champions' League and the Europa League. Otherwise we lose all credibility".This isn't just some typical UEFA messing around at the tip of the iceberg, this is Platini's lovechild in legal form. He and the whole of UEFA really are staking everything on this. Garry Cook (Cock) knows this, and has described meeting the new rules as a "major challenge". Make no mistake, this summer was the last time City were able to spend like this beyond their means. I don't doubt there may be some major selling next year to finance some bigger moves in addition to the £40m-odd Mansour is allowed to put in, but they can no longer operate as far beyond clubs like ourselves as they have done.They can address the spending on transfers issue, but what about wages? Currently over 100% of turnover and any they ship out will sit tight unless they get a settlement on their £200-a-week contracts. It'll all end in tears, as many have said from the start.
Just announced on SSN with no in depth figures or time scale...Turnover: £125mWages: £130m+Losses: £121.3mAs we all know, this is a completely unsustainable football club but will he keep throwing money at it until they are contesting or winning the Champions League every season? How can the FA or FIFA allow a club to be operating in such a way? Will the new rules really change anything?
Losing a couple of hundred million through a football club is no different than spending the same sum on a yacht or mansion.
I have no love for Man City or what they are doing, but I just it's applied fairly and the likes of real Madrid also have to play fair. With Platini, I'm concerned that won't be the case!
Quote from: KRS on October 01, 2010, 12:30:17 PMJust announced on SSN with no in depth figures or time scale...Turnover: £125mWages: £130m+Losses: £121.3mAs we all know, this is a completely unsustainable football club but will he keep throwing money at it until they are contesting or winning the Champions League every season? How can the FA or FIFA allow a club to be operating in such a way? Will the new rules really change anything?Why is it unsustainable ?The sums involved are peanuts for their owners. If they want to run the club at a loss that's up to them.People need to stop thinking of clubs as businesses; they're now playthings for the rich. Losing a couple of hundred million through a football club is no different than spending the same sum on a yacht or mansion.Whether they are or will be in breach of UEFA's rules is another matter, but the losses don't make the club unsustainable