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Re: Football Media

Postby johnny crossan » Mon Sep 09, 2024 11:04 am

FT Today

MANCHESTER CITY CLOSES TRANSFER SPENDING TAP — BUT HOPES WINS WILL KEEP FLOWING
Club that once dominated England’s transfer market opts to rely on current, strong squad

Khaldoon al-Mubarak, Pep Guardiola, Ferran Soriano and Txiki Begiristain with the Premier League trophy in May. The club has won the title six times out of the last seven seasons. © Robbie Jay Barratt/Getty Images
Samuel Agini in London
33 minutes ago
As English top-flight football clubs splashed out €2.3bn on buying players from rivals this summer, Manchester City stood out. The Premier League and FA Cup champions parted with just €25mn for new signings, amid a long-running legal battle over alleged historic breaches of the league’s financial regulations.
The parsimony highlights a sharp change of strategy for the club, which over 11 seasons to 2019-20 spent €1.69bn on player purchases, outspending all its Premier League rivals. City — and its owner, City Football Group — are betting they can maintain the club’s remarkable dominance of English football without needing to make big signings every summer. In the 2023-24 season, the club won a record fourth consecutive Premier League title.
Yet the club remains just as focused on winning as before, according to the chief executive of City Football Group. Speaking to the Financial Times, Ferran Soriano acknowledged that the club had changed tack so decisively that it made €116mn in net gains during the summer transfer window. City agreed sales worth €141mn, including the €75mn departure of forward Julián Alvarez.
But the gains were only a “byproduct” of a strategy still focused on winning, building a strong squad and planning for player turnover well in advance, Soriano insisted.
“Our financial situation is very stable because our football situation is very stable,” Soriano said.
The club might make an “extraordinary profit” some years but not others, he added, pointing to the Alvarez sale as an example of the approach.
“We got a good offer and we had an extraordinary profit but we were not counting on it,” Soriano said. “This is important because for Manchester City the objective is to win and to be financially sustainable. It’s not to make an extraordinary profit every year. We have to assume this has ups and downs.”
The club’s strong position reflects its sticking with a long-serving core team, according to Soriano. Former football operations chief Omar Berrada left earlier this year to become chief executive of Manchester United. But Soriano said the remaining leadership — including manager Pep Guardiola and football director Txiki Begiristain — had enabled City to make a habit of generating big fees in the transfer market.
Regular changes of manager made life “very difficult” when buying and selling players, Soriano said.
“There’s an element of stability that helps us a lot,” he added. “Other teams — they change the coach every two years. Life is very difficult because you have to rethink the whole thing.”
In the background of the strategy change lies City’s continuing legal battle, more than 18 months after the league levelled in excess of 100 charges against the club, spanning several years. The league accused City of failing to provide accurate information about its finances and payments to players and managers, breaching profit and sustainability rules, and not co-operating with its investigations. The Times has reported that the case will be heard before an independent commission as soon as this month.
The stakes are high for the club, its rivals and the league. The English champions are part of a wider network of clubs under the City Football Group umbrella. The group is majority owned by Sheikh Mansour bin Zayed Al Nahyan, a billionaire member of the Abu Dhabi ruling family, who took over the club in 2008 and bankrolled a subsequent spending spree in the transfer market. US investment company Silver Lake has since taken an 18 per cent stake in the company.
City has denied the charges. Soriano declined to comment on the disputes.
However, Manchester City’s recent cautious transfer market activity contrasts with its still generous spending in other areas. The club’s wage bill rose 20 per cent year-on-year to £423mn in 2022-23. The amount was inflated by bonuses paid to players for winning the treble of the Premier League, FA Cup and Champions League that season.
Brazilian forward Savinho signed for Manchester City in July during the club’s summer of relatively cautious transfer market activity © Darren Staples/AFP/Getty Images
City has also spent heavily on youth development — although it is earning a return on the investment. Phil Foden, a graduate of the youth academy, is one of the stars of the club’s first team. The club made €24mn through selling academy players, on top of its wider transfer market gains. They include the sale, for around €18mn, of Liam Delap to Ipswich Town this summer.
Khaldoon al-Mubarak, chief executive of Abu Dhabi investment fund Mubadala and chair of City Football Group, said the club’s academy was “producing new first-team talent and reliable ongoing financial returns”.
The club’s wage bill rose 20 per cent year-on-year to £423mn in 2022-23. The amount was inflated by bonuses paid to players for winning the treble of the Premier League, FA Cup and Champions League that season. © Richard Sellers/PA
Andrea Sartori, founder of the Football Benchmark consultancy, suggested City’s change of tack might also reflect the pressures of toughened spending constraints for top clubs.

The club’s wage bill rose 20 per cent year-on-year to £423mn in 2022-23. The amount was inflated by bonuses paid to players for winning the treble of the Premier League, FA Cup and Champions League that season. © Richard Sellers/PAEngland’s Premier League this season is testing new squad cost rules that would cap a club’s spending on players. The rules limit total outlay to a total of 85 per cent of football revenues, plus or minus net profit or loss from player trading. The revised rules are a departure from a system that has allowed clubs to post losses of up to £105mn over three seasons. City and other clubs in the Uefa Champions League will face a similar but stricter target based on just 70 per cent of football revenues from 2025.


Manchester City’s strong position reflects its sticking with a long-serving core team, according to Ferran Soriano, chief executive. © Pete Byrne/PA
“Stricter regulations and [City’s] willingness to become a sustainable club might also be a driver of their sporting investment strategy,” Sartori said.
However, people close to Manchester City insisted the changing financial regulations were not an important factor in prompting this summer’s low spend in the transfer market. The club reported a net profit of £80mn for the year to June 30, 2023, up from £41mn the previous year. The 2022-23 profit resulted from a £122mn profit from trading in players.
Yet football clubs generally are becoming more professional in their attitude to the transfer market, according to Soriano. Sides were eschewing their previous gut-instinct approach in favour of a data-led approach, Soriano said. There was also an intensifying battle to identify, acquire and develop younger talent.
Human judgment remained vital to assessing whether potential recruits would make a good cultural fit, he added, but analytics would play an increasing role.
“You can’t be making acquisitions of players that are worth millions, and make decisions in minutes,” Soriano said. “This is what used to happen in football in general a decade ago. This has evolved dramatically in the right sense.”
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Re: Football Media

Postby salford city » Tue Sep 10, 2024 3:19 pm

Reading on the beeb that non season ticket holder prices for villa's chumps league games are £85,94 &97. Fuck me got to love the yank model - yet we are portrayed as the villains - no pun intended. Even with a reduction of £15 for ST holders, they are expensive. You voted for the FFP and PSR - suck it up you fuckers
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Re: Football Media

Postby patrickblue » Tue Sep 10, 2024 7:47 pm

salford city wrote:Reading on the beeb that non season ticket holder prices for villa's chumps league games are £85,94 &97. Fuck me got to love the yank model - yet we are portrayed as the villains - no pun intended. Even with a reduction of £15 for ST holders, they are expensive. You voted for the FFP and PSR - suck it up you fuckers


Villa voted against both the UEFA and PL versions of FFP
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Re: Football Media

Postby salford city » Wed Sep 11, 2024 4:30 am

patrickblue wrote:
salford city wrote:Reading on the beeb that non season ticket holder prices for villa's chumps league games are £85,94 &97. Fuck me got to love the yank model - yet we are portrayed as the villains - no pun intended. Even with a reduction of £15 for ST holders, they are expensive. You voted for the FFP and PSR - suck it up you fuckers


Villa voted against both the UEFA and PL versions of FFP


Hadn't realised that Patrick. I did read in the comments that they've sold all tickets though. I was under the impression thar they were yank owned so my bad on that.
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Re: Football Media

Postby john@staustell » Wed Sep 11, 2024 10:47 am

salford city wrote:
patrickblue wrote:
salford city wrote:Reading on the beeb that non season ticket holder prices for villa's chumps league games are £85,94 &97. Fuck me got to love the yank model - yet we are portrayed as the villains - no pun intended. Even with a reduction of £15 for ST holders, they are expensive. You voted for the FFP and PSR - suck it up you fuckers


Villa voted against both the UEFA and PL versions of FFP


Hadn't realised that Patrick. I did read in the comments that they've sold all tickets though. I was under the impression thar they were yank owned so my bad on that.


They also fired a very effective salvo by saying that their owners would have put money in to 'cover the shortfall', but PL ffp rules prevent that. So the punters have to pay

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Re: Football Media

Postby patrickblue » Wed Sep 11, 2024 11:18 am

salford city wrote:
patrickblue wrote:
salford city wrote:Reading on the beeb that non season ticket holder prices for villa's chumps league games are £85,94 &97. Fuck me got to love the yank model - yet we are portrayed as the villains - no pun intended. Even with a reduction of £15 for ST holders, they are expensive. You voted for the FFP and PSR - suck it up you fuckers


Villa voted against both the UEFA and PL versions of FFP


Hadn't realised that Patrick. I did read in the comments that they've sold all tickets though. I was under the impression thar they were yank owned so my bad on that.


They used to be yank owned, remember Randy Lerner? And contrary to the normal way these things work, he was the owner when they voted against FFP.
I would think it's because Villa see themselves as a sleeping giant and don't want to be restricted from investing to compete again.
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Re: Football Media

Postby nottsblue » Wed Sep 11, 2024 2:11 pm

Manchester United have reported a net loss of £113.2m in the year to 30 June, their latest accounts show.
It follows losses of £28.7m in 2022-23 and £115.5m in 2021-22, and their latest figures take total losses over the past five years to over £370m.
Despite the results, United are not expected to breach the Premier League's profit and sustainability rules because not all spending goes against their calculations and clubs can claim allowances known as 'add backs'.
Under Premier League rules clubs cannot lose more than £105m over a three-year period and Everton and Nottingham Forest received points deductions for being in breach.
"The club remains committed to, and in compliance with, both the Premier League's profit and sustainability rules and Uefa's financial fair play regulations," said United chief executive Omar Berrada.
United's new financial figures cover a period when they finished eighth in the Premier League and finished bottom of their Champions League group, but won the FA Cup.
Last season also saw British billionaire Sir Jim Ratcliffe purchase a 27.7% stake in the club.
United director Sir Dave Brailsford has led a wide-ranging review of club operations since Ineos' co-ownership of the club was confirmed in December.
In July, it was announced United would cut 250 jobs as part of a determination to slash costs.
The club say they expect to save between £30m and £35m over two years from 2025 due to the 'club-wide cost review'.
In addition to the long standing debt of $650m (£496.52m), United also have 'total current borrowings' of £35.6m, and the outstanding balance of the revolving credit facility on 30 June was £30.0m.
United say they expect to generate between £650m and £670m in revenue next year after recording a record £661.8m this year, while wages rose 10% to £364.7m.
United, who will play in the Europa League this season, have won one of their three Premier League games so far.
They signed five players this summer in Manuel Ugarte, Joshua Zirkzee, Leny Yoro, Matthijs de Ligt and Noussair Mazraoui.

From the BBC

Surely an explanation of how they have avoided a breach of PSR of the permitted three year cumulative loss of £105M when in two of the last three years they have posted losses of more than the total allowed in that one year must be coming?

Must be the new stadium costs or redevelopment costs? Oh no, there aren’t any of those.
Perhaps new training facilities? Nope, not to the level of the losses posted
Maybe the media at large will help us out to understand how Everton, Forest and Leicester fell foul of the rules for posting much lower losses? Although Leicester have subsequently won the appeal, the fact remains that the PL initially charged them as they deemed their losses in breach.

I mean, surely, the rags will be punished over this………….
Last edited by nottsblue on Wed Sep 11, 2024 2:42 pm, edited 2 times in total.
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Re: Football Media

Postby CTID Hants » Wed Sep 11, 2024 2:40 pm

If the rag cunts don't get done, then there has to be a full explanation as to why not and then the others that have been done need to sue the fuck out of them.
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Re: Football Media

Postby patrickblue » Wed Sep 11, 2024 3:04 pm

Premier League's profit and sustainability rules don't apply to the clubs that got them put in place, and doubly don't apply to the rags because they're a special case.
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Re: Football Media

Postby nottsblue » Wed Sep 11, 2024 8:27 pm

Sky sports still not reported the loss posted by the rags. Sky news has an article about it

Wonder why it isn’t deemed newsworthy enough for the sports news, because you can bet everything you and your families own on if it was us who posted losses of £250+M over 3 years, it would be reported everywhere in huge detail about how we are ruining football
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Re: Football Media

Postby salford city » Thu Sep 12, 2024 6:50 am

Not all spending goes against their calculations - what's that then? They've already been given exemptions for Covid and the share sale to Jimbo or is this what it means? If you're Forest and Everton you have got to be asking the question
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Re: Football Media

Postby nottsblue » Thu Sep 12, 2024 9:11 am

salford city wrote:Not all spending goes against their calculations - what's that then? They've already been given exemptions for Covid and the share sale to Jimbo or is this what it means? If you're Forest and Everton you have got to be asking the question

I think every club should be asking questions to be honest
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Re: Football Media

Postby Original Dub » Thu Sep 12, 2024 5:23 pm

And not a mention of haaland being a kid when he did it :lol:

https://talksport.com/football/2048798/ ... g-haaland/
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Re: Football Media

Postby Original Dub » Fri Sep 13, 2024 3:02 pm

"Alvarez haters must be squirming"
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Re: Football Media

Postby zuricity » Fri Sep 13, 2024 6:21 pm

What is the world coming to "Villa Sign Nunes for Record fee " ! here's me thinking we have managed to move him on . BBC mixing womens football with the real thing. doh !
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Re: Football Media

Postby CTID Hants » Sat Sep 14, 2024 12:59 am

zuricity wrote:What is the world coming to "Villa Sign Nunes for Record fee " ! here's me thinking we have managed to move him on . BBC mixing womens football with the real thing. doh !


I no longer 'go to' the beeb, simply because they write innocuous headlines regarding City (&any other clubs for that matter) that are gender fluid click bate shit.

80% (recently) are stories about the women's team which is utter non story bullshit.
Diversity diversity diversity is going be the beeb undoing surely!!

Why can they no longer differentiate between the mens and women's teams! Pathetic and it needs calling out, but they have a passivee aggresive word 'misogyny' to brand people with.

NO, just don't give a flying fuck, simple as that about women's football.

I am sure there are women football fans NOT interested in the men's game, but I doubt they get labeled.
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Re: Football Media

Postby Original Dub » Sat Sep 14, 2024 11:55 am

This fat cunt Keys is always mouthing off about us.

Apparently we've nowhere to run anymore.

I didn't realise we were running from anything? We were accused of something and we built a defence before our hearing. What part of that seems to blow people's minds?

https://insidefutbol.com/2024/09/14/now ... ge/661044/
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Re: Football Media

Postby john@staustell » Sat Sep 14, 2024 1:06 pm

Haha Keyes is looking like Jabba the Hutt. Sad loser
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Re: Football Media

Postby Original Dub » Sat Sep 14, 2024 9:55 pm

"Alvarez haters must be squirming"
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Re: Football Media

Postby john@staustell » Sun Sep 15, 2024 10:18 am



Something and nothing mate. Pep had to say that, but Erling and dad were never going to miss the game.
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