r0cafella Posted February 15, 2022 Share Posted February 15, 2022 Would absolutely love us to dismantle FFP. The most blatant anti competitive rule you are likely to find. Link to post Share on other sites More sharing options...
Unbelievable Posted February 15, 2022 Share Posted February 15, 2022 14 hours ago, Abacus said: Yes, share payments are an investment funds flow rather than being income earned through profit. Therefore it's irrelevant to FFP. I.e. even with the cash it doesn't mean we can spend what we like. Sponsorship income is different and would count favourably towards FFP, hence that's the one with the restrictive associated party rules. What can they do if Ittihad FC offer us 500m for Krath in the summer? Link to post Share on other sites More sharing options...
NE27 Posted February 15, 2022 Share Posted February 15, 2022 That statement will be like an arrow through the collective sunlun hearts. Anyways, nice to see us functioning like a normal club and you know, having employees at board level. Link to post Share on other sites More sharing options...
r0cafella Posted February 15, 2022 Share Posted February 15, 2022 3 minutes ago, Unbelievable said: What can they do if Ittihad FC offer us 500m for Krath in the summer? Nothing as far as I’m aware; you can bet your bottom dollar the premier league would be changing the rules to make transfers based on some form of fair value though. Link to post Share on other sites More sharing options...
Unbelievable Posted February 15, 2022 Share Posted February 15, 2022 5 minutes ago, r0cafella said: Nothing as far as I’m aware; you can bet your bottom dollar the premier league would be changing the rules to make transfers based on some form of fair value though. Good luck with that Link to post Share on other sites More sharing options...
Joey47 Posted February 15, 2022 Share Posted February 15, 2022 10 minutes ago, Unbelievable said: What can they do if Ittihad FC offer us 500m for Krath in the summer? Have any of the city group clubs or red bull clubs done something along these lines before? Link to post Share on other sites More sharing options...
macphisto Posted February 15, 2022 Share Posted February 15, 2022 (edited) 15 hours ago, madras said: So this single share worth £40mill. Could we do the same with 10shares for £400mill ? Have we just found a very simple way round FFP ? I'm no expert so I might not have understood this tweet correctly by Kieran Maguire but it looks like you can raise up to £90 million over three years doing it this way. Edited February 15, 2022 by macphisto Link to post Share on other sites More sharing options...
PauloGeordio Posted February 15, 2022 Share Posted February 15, 2022 26 minutes ago, LFEE said: Link to post Share on other sites More sharing options...
NE27 Posted February 15, 2022 Share Posted February 15, 2022 2 minutes ago, Joey47 said: Have any of the city group clubs or red bull clubs done something along these lines before? Not that I'm aware of, but then they aren't in the same position as us. Man city have trailblazed and everyone is shit scared of the very same thing happening with a second club. Hence all these strange sponsorship caps appearing overnight, and likely more stringent rules going forward. Link to post Share on other sites More sharing options...
PauloGeordio Posted February 15, 2022 Share Posted February 15, 2022 Can’t stop us. It happen! Link to post Share on other sites More sharing options...
LV Posted February 15, 2022 Share Posted February 15, 2022 47 minutes ago, LFEE said: Holy shit! Link to post Share on other sites More sharing options...
Abacus Posted February 15, 2022 Share Posted February 15, 2022 1 hour ago, Unbelievable said: What can they do if Ittihad FC offer us 500m for Krath in the summer? Normally player trading would count towards your profit or loss. In other words, selling Krafth for £0.5 bn should count to increase what you're able to spend under FFP. It's not an investment like the share issue was. However, I've taken a peek at the PL rules just now. They are quite remarkable, really, and to my reading go way beyond normal companies act definitions, also covering more than just sponsorships, whilst giving the PL wide discretion to pretty much decide whatever they want. So, I don't think think you could get away with that Krafth deal. Quite how enforceable they are is another matter - I'm guessing that's why we're lawyering up. Link to post Share on other sites More sharing options...
xLiaaamx Posted February 15, 2022 Share Posted February 15, 2022 RPT's only counting to sponsorship is a joke. Watford and Udinese manipulate transfers between themselves all the time. Pozzo gets away with it. Link to post Share on other sites More sharing options...
madras Posted February 15, 2022 Share Posted February 15, 2022 2 minutes ago, xLiaaamx said: RPT's only counting to sponsorship is a joke. Watford and Udinese manipulate transfers between themselves all the time. Pozzo gets away with it. Watford aren't a threat to the selfish six though. Link to post Share on other sites More sharing options...
Wild Geese Posted February 15, 2022 Share Posted February 15, 2022 We’re gonna win summit one day aren’t we Link to post Share on other sites More sharing options...
manorpark Posted February 15, 2022 Share Posted February 15, 2022 19 minutes ago, Wild Geese said: We’re gonna win summit one day aren’t we . . and the day after . . and the day after !!! Perpetual 'happy times' ahead for us, it'll take a while to get there, but after that ! Link to post Share on other sites More sharing options...
LRD Posted February 15, 2022 Share Posted February 15, 2022 500m for Krafth would be so blatant a middle finger to the league and the clubs, I actually love the idea. Ronaldo would probably spontaneously combust at the valuation too. Link to post Share on other sites More sharing options...
cubaricho Posted February 15, 2022 Share Posted February 15, 2022 They’re going to fight us for a couple of seasons but as soon as they realize we aren’t going anywhere, they’ll just put up with us and let whoever (Tottenham seems most likely) fall out of the “big six” and we’ll replace them and be part of the big boys club. Link to post Share on other sites More sharing options...
Jackie Broon Posted February 15, 2022 Share Posted February 15, 2022 3 hours ago, Unbelievable said: What can they do if Ittihad FC offer us 500m for Krath in the summer? They can say it's a related party transaction and adjust the amount counted towards the FFP calculation to a fair market value, i.e. 500p. Link to post Share on other sites More sharing options...
madras Posted February 15, 2022 Share Posted February 15, 2022 1 hour ago, LRD said: 500m for Krafth would be so blatant a middle finger to the league and the clubs, I actually love the idea. Ronaldo would probably spontaneously combust at the valuation too. If 500mill is the first offer , shouldn't we hold out for more ? Link to post Share on other sites More sharing options...
madras Posted February 15, 2022 Share Posted February 15, 2022 Just now, Jackie Broon said: They can say it's a related party transaction and adjust the amount counted towards the FFP calculation to a fair market value, i.e. 500p. Do PIF own Ittihad FC ? If not how is it a related party ? Link to post Share on other sites More sharing options...
Jackie Broon Posted February 15, 2022 Share Posted February 15, 2022 Just now, madras said: Do PIF own Ittihad FC ? If not how is it a related party ? The definition of an associated party in the PL rules is incredibly broad and could potentially be applied to any Saudi business, not just those controlled by PIF. This bit in particular: (b) The Person and the Club are directly or indirectly controlled, jointly controlled, or Materially Influenced by the same government, public or state-funded body or by the same party; Link to post Share on other sites More sharing options...
Scoot Posted February 15, 2022 Share Posted February 15, 2022 Link to post Share on other sites More sharing options...
Miggys First Goal Posted February 15, 2022 Share Posted February 15, 2022 When do they go on sale????? Link to post Share on other sites More sharing options...
Geogaddi Posted February 15, 2022 Share Posted February 15, 2022 Our ten year deal renewal came through today , still £467 same price it was on the price freeze from ten years ago, fair play to them for not raising the price mind. Link to post Share on other sites More sharing options...
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