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Author Topic: FFP  (Read 545783 times)

Offline DB

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Re: FFP
« Reply #5655 on: Today at 04:11:44 PM »
🔺 NEW: Manchester City have reached a settlement with the Premier League in their latest legal challenge over sponsorship rules, enabling them to now complete a hugely lucrative, long-term deal with Etihad Airways



Let's see how this plays out with the 115 charges and how it impacts us.

Well it is totally seperate to the 115 charges. However the only way it will affect us is if Edens and Sawaris decide to get Fortress or some other company associated with them to sponser us in some way that is worth £2bill over 10 years.
Yes it is separate, but could have indirect impacts.

Offline lovejoy

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Re: FFP
« Reply #5656 on: Today at 04:34:23 PM »
It is being reported by some that the massively inflated Etihad sponsorship is allowable income, is this a fair interpretation of the agreement? If so it somewhat opens the floodgates doesn't it?

Offline paul_e

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Re: FFP
« Reply #5657 on: Today at 04:36:38 PM »
It is being reported by some that the massively inflated Etihad sponsorship is allowable income, is this a fair interpretation of the agreement? If so it somewhat opens the floodgates doesn't it?

without knowing how much is 'some' it's impossible to say. They're allowed to include income that is deemed as 'fair market value'.

Offline liam

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Re: FFP
« Reply #5658 on: Today at 04:47:26 PM »
Aren't we finding though that Premier League Rules and UEFA rules being different is still a huge challenge, will UEFA adopt a similar stance, or you spend millions on Sponsorship to find that UEFA say thats not allowed!

Offline john2710

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Re: FFP
« Reply #5659 on: Today at 05:34:52 PM »
I'm sure in the next few months, we'll see that City have accepted some concessions on the ATP rules, dropping the case, in exchange for some minor punishment on the other 117 charges.

Offline SaddVillan

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Re: FFP
« Reply #5660 on: Today at 06:12:07 PM »

Cop out, or sell out?

Will we ever find out?

The real winners?  All m'learned friends who've racked up squillions in fees and costs. Money that's gine out of the game.

Guess we'll need to let the dust settle and for the financial experts and journos to tap up their "sources" to find out what's happened and what it really means.

« Last Edit: Today at 06:54:12 PM by SaddVillan »

Offline Percy McCarthy

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Re: FFP
« Reply #5661 on: Today at 08:09:50 PM »
Sports lawyer on SSN speculating that it could be good news for ridiculous*, corrupt*, over-the-top* sponsorships. If so, over to you NSWE.

*my words, not his.

Offline aj2k77

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Re: FFP
« Reply #5662 on: Today at 08:11:08 PM »
Well the ground, training ground, academy, warehouse and Holte Pub all need sponsoring.

Offline PeterWithesShin

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Re: FFP
« Reply #5663 on: Today at 08:13:50 PM »
Don't let Monchi and co near negotiations. We'll sell all naming rights for 50 quid and a sherbert dab.

Offline Somniloquism

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Re: FFP
« Reply #5664 on: Today at 08:14:50 PM »
And the latter will be used already.

Online Smithy

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Re: FFP
« Reply #5665 on: Today at 08:22:50 PM »
I think it benefits state-owned clubs more than individual billionaires, because even billionaires often have to report to shareholders. Wes isn't a majority shareholder in Fortress (controlling interest has been sold a couple of times), so he doesn't have the clout to sponsor the club for anything other than fair value through that company, despite his shares being worth billions.

Same for Nassef, who I think owns less than 50% of his family company these days.

Compare this to state-owned clubs and companies, where it's often the same people who "own" the entity in its entirety.  The can "choose" to sponsor Man City's stadium for £100m a year, without anyone blinking an eye

Online Sexual Ealing

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Re: FFP
« Reply #5666 on: Today at 08:33:59 PM »
It's been my dream, since I first read of the pyramids as a young boy in the wilds of a far off land, for Aston Villa to be sponsored by an Egyptian concrete conglomerate. Oh but dreams are as fragile of the wings of a bee! Oh God, Oh God, when will we have solid commercial tie-ins across the Middle East, Africa and Asia? What tales of Deloitte have thee?

Offline Mellin

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Re: FFP
« Reply #5667 on: Today at 09:53:19 PM »
Indeed.

Online VILLA MOLE

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Re: FFP
« Reply #5668 on: Today at 10:23:15 PM »
So i am not sure what has been established by this .  Man City get there sponsorship deals through and then the drawbridge goes up ?

Offline Percy McCarthy

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Re: FFP
« Reply #5669 on: Today at 10:26:45 PM »
So i am not sure what has been established by this .  Man City get there sponsorship deals through and then the drawbridge goes up ?

I think so.

 


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