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PL chairmen agree to financial controls.......
  • OldGoldenVision
    Posts: 19,512
    koolhandluke8 said:

    so i'm assuming that they will assess via the P&L only then ? which would mean that this could be "propped up" by cash. injections....or even loans..or capitol assett purchases ?


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    No, any loan would go through the balance sheet. That's why City had to manufacture the "Etihad Stadium" deal... on the face of it that is income through sponsorship that goes through the P&L account.
  • koolhandluke8
    Posts: 3,007

    OldGoldenVision said:

    No, any loan would go through the balance sheet. That's why City had to manufacture the "Etihad Stadium" deal... on the face of it that is income through sponsorship that goes through the P&L account.


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    sorry i thought that was what I was saying..i'm poo at accounting as you can see...they will surely just get a cash injection for something to balance out the P&L...based on having a sugar daddy of course..
  • blue32years
    Posts: 16,299
    koolhandluke8 said:

    interesting how these "rules" are introduced by EUFA when english football is at the pinnacle of income generation into the game....


    I dont remember this being even suggested in the heydays of italian, german and spanish football..

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    Exactly what I thought

    Also had similar thoughts about 85 when we were kicked out of europe right when English clubs were dominating.

    We get kicked out on grounds of trouble , despite constant trouble in italy , germany , holland and spain.


    Uefa are itching for us to kick off again.



  • OldGoldenVision
    Posts: 19,512
    koolhandluke8 said:




    sorry i thought that was what I was saying..i'm poo at accounting as you can see...they will surely just get a cash injection for something to balance out the P&L...based on having a sugar daddy of course..


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    As with any company and accounting... where there's a will there's a way...
  • koolhandluke8
    Posts: 3,007
    2 + 2 = 5...honest Michél
  • ToffeeCup
    Posts: 2,980

    Man city just signed a monstrosity of a sponsorship deal to artificially inflate their revenue.

    And cleverly, they extended the deal to cover the everything else in cities wider complex, training facilities, hotels, etc..... making it unique in the industry and therefore uncomparable to any other sponsorship deal.
  • CharlieCroker
    Posts: 952
    Beano said:

    koolhandluke8 said:

    in general though it wont effect the high "income earning clubs" because their breakeven limit can go up !!



    That was exactaly my point. It protects the Manure's, Liverpools, Arsenals from being overtaken by "smaller" clubs who suddenly become artificially wealthy....like City....and others in the future. I have no idea why any other club would want to support this!! It baffels me!

    I agree with Beano's argument. The only way for a club to progress, nowadays, is with a cash injection: buy players, attract more fans, the extra income they provide will support an increased level of expenditure and the whole thing will eventually become sustainable.

    The rules will have designed-in loopholes though, as City's new sponsorship deal demonstrates. Unfortunately for Everton, unless we attract a generous owner, the club is at a disadvantage either way.
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