Jump to content

Financial Fair Play / Profit & Sustainability


Recommended Posts

29 minutes ago, Ben said:

What does that mean ?

For extra context.

 

In the proposed bill that would form the regulation that the football regulator would have to adhere too/police, a Lord who has previously claimed to be a Liverpool (but during the discussion of this bill claimed to be a Brighton fan) proposed an amendment that would mean that no club that is owned by a foreign state, including public investment funds would be granted a licence to play football within the top 5 leagues of English football.

The proposed amendment also forbid any government employee from being an owner or director (including our own government, which would have affected Karen Brady as well).

 

The government minister who is advising the House of Lords on the bill asked them to withdraw the proposed amendment, as they don’t want to exclude people unfairly from owning or being a part of football clubs.

It also had a number of reservations being asked about it by a number of Lords.

When a government minister asks for it to be withdrawn, it pretty much means that the government won’t adopt it further down the line, if the Lord who proposed it still insists on it. As it happens the Lord who proposed it withdrew it.

An objection to it by any other Lord would have seen it not moved (also rejected) as well.

Link to post
Share on other sites

All city have done is be ambitious and spend and invested. 

Like Liverpool and man utd have done in the past. 

Now it seems it's not good for the game because these clubs don't want to spend anymore. 

And lose out. 

 

 

Edited by andycap

Link to post
Share on other sites

1 minute ago, andycap said:

All city have done is be ambitious and spend and invested. 

Like Liverpool and man utd have done in the past. 

Now it seems it's not good for the game because these clubs don't want to spend anymore. 

And lose out. 

 

 

 

 

 

It's an iteresting take like, but didn't the Qatari owners spend a lot of money regenerating parts of the city? If the owners wanted to pump money into the club and it was coming from outside, isn't that a benefit for both Manchester and Britain in general? Or would we have been better if those areas had remained run down and Man City just stayed a shit-stained shadow on Man U's doorstep?

 

 

Link to post
Share on other sites

9 minutes ago, TRon said:

It's an iteresting take like, but didn't the Qatari owners spend a lot of money regenerating parts of the city? If the owners wanted to pump money into the club and it was coming from outside, isn't that a benefit for both Manchester and Britain in general? Or would we have been better if those areas had remained run down and Man City just stayed a shit-stained shadow on Man U's doorstep?

Man City are owned by Abu Dhabi, PSG are owned by Qatar.

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...