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Message

re: Man City's "out of control spending" is a myth

Posted on 3/23/15 at 2:45 pm to
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 3/23/15 at 2:45 pm to
quote:

Even FFP proponents on here say they are okay with an initial investment in players, as that is currently the only way for a club to become internationally competitive. Well that's no longer possible, is it?



spending almost 500 million pounds in 3 years on players isn't initial investment

hell its not even trying to build a squad

its trying to buy buy buy when something doesn't work right away
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 3/23/15 at 2:47 pm to
quote:

How many clubs have gone under that didn't involve a ton of debt being out on the club, which everyone agrees is a bad thing?



City operates at a huge loss and technical is in debt to end each season.

their owner just pumps more cash to balance the books
This post was edited on 3/23/15 at 2:48 pm
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 2:48 pm to
quote:

spending almost 500 million pounds in 3 years on players isn't initial investment

hell its not even trying to build a squad

its trying to buy buy buy when something doesn't work right away


I'm not even talking about City now, I'm talking about the rule as it's currently constructed and the restrictions it imposes.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 2:49 pm to
quote:

City operates at a huge loss and technical is in debt to end each season.

their owner just pumps more cash to balance the books


You could easily construct the rule that would only allow the club to spend cash it has on hand. No club would ever go under. FFP goes way beyond that.
This post was edited on 3/23/15 at 2:50 pm
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 3/23/15 at 2:50 pm to
quote:

I'm talking about the rule as it's currently constructed and the restrictions it imposes.



forcing a club to operate with in their limits

not seeing the problem here
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 2:53 pm to
quote:

not seeing the problem here


It stifles the type of investment that you've said in the past you didn't have a problem with.

It takes away even the faintest hopes of a club ever breaking into the international elite.

It tells people how they can and can't spend their own money.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 3/23/15 at 2:56 pm to
quote:

It stifles the type of investment that you've said in the past you didn't have a problem with.



Investment is one thing, like with scouts and a youth system and buying a couple players that would be usually beyond the clubs means.

Not spending hundreds of millions year after year creating a revolving door

quote:

It takes away even the faintest hopes of a club ever breaking into the international elite.



then why did almost every club vote yes

quote:

It tells people how they can and can't spend their own money.



no it doesn't

it makes sure they spend it in a responsible manner.
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45086 posts
Posted on 3/23/15 at 2:57 pm to
Not to interrupt this argument or anything lol, but how many "bigtime" clubs have collapsed from things like this? In recent times, I mean.

I know some may say Rangers, but I'm talking about a club in the Big 5 (France, Italy, Germany, Spain and England) who was constantly in the UCL and competing for a league championship.
Posted by BleedPurpleGold
New Orleans
Member since Apr 2005
18917 posts
Posted on 3/23/15 at 2:57 pm to
quote:

More personal attacks


Sorry, but you're either reaching as far as you can to justify something you know isn't true or you actually are a conspiracy believer.

Either way, I have no choice but to laugh. You dug your own grave on this one.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 3/23/15 at 3:00 pm to
quote:

Not to interrupt this argument or anything lol, but how many "bigtime" clubs have collapsed from things like this? In recent times, I mean.

I know some may say Rangers, but I'm talking about a club in the Big 5 (France, Italy, Germany, Spain and England) who was constantly in the UCL and competing for a league championship.



Leeds and almost Liverpool

this doesn't happen in Germany bc their clubs are very financially sound
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 3:00 pm to
quote:

Sorry, but you're either reaching as far as you can to justify something you know isn't true or you actually are a conspiracy believer.


You can't handle an alternative perspective so you're trying to make it out like I'm some kind of extremist, then try to justify to yourself why that's okay and that personal attacks are now a legitimate response rather than the logical fallacies they are.

All I've said is that I think owners should be allowed to spend their money as they want. How radical
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 3:01 pm to
All of those clubs had a lot of debt put on them, we all agree with that aspect of FFP. Why can't you stay on topic?

Cue more personal attacks.
This post was edited on 3/23/15 at 3:03 pm
Posted by BleedPurpleGold
New Orleans
Member since Apr 2005
18917 posts
Posted on 3/23/15 at 3:02 pm to
quote:

I know some may say Rangers, but I'm talking about a club in the Big 5 (France, Italy, Germany, Spain and England) who was constantly in the UCL and competing for a league championship.


Big time clubs don't spend this way so they aren't in danger of it (Outside of Chelsea who actually have been incredibly smart about how they spend their vast wealth). At least not currently - Leeds, Portsmouth, LFC, come to mind in the past.

There are smaller clubs who have spent very wisely and are reaping the rewards. Southampton is a great example. Each year for the past 5 or 6 years they've been improving. If you want to know the teams I'm scared of, its S'hampton and Spurs, not City. Even West Ham spent very wisely this summer and with the impending move seem to be on the up and up.
This post was edited on 3/23/15 at 3:03 pm
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 3:04 pm to
quote:

(Outside of Chelsea who actually have been incredibly smart about how they spend their vast wealth)


If FFP had come in to existence in 1999, where would Chelsea be right now?
Posted by BleedPurpleGold
New Orleans
Member since Apr 2005
18917 posts
Posted on 3/23/15 at 3:05 pm to
quote:

You can't handle an alternative perspective so you're trying to make it out like I'm some kind of extremist


That "big" clubs are trying to suppress smaller clubs by colluding in some continent wide financial regulation? That smaller clubs go along with things that will harm them so they can have an excuse for their fans????

That is the definition of extremist. You can't be serious right now. I refuse to believe it.

quote:

All I've said is that I think owners should be allowed to spend their money as they want. How radical


See above.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 3/23/15 at 3:06 pm to
quote:

Big time clubs don't spend this way so they aren't in danger of it (Outside of Chelsea who actually have been incredibly smart about how they spend their vast wealth). At least not currently - Leeds, Portsmouth, LFC, come to mind in the past.



Yup Chelsea also being London's top club with Arsenal gives them lots of advantages.

quote:

There are smaller clubs who have spent very wisely and are reaping the rewards. Southampton is a great example. Each year for the past 5 or 6 years they've been improving. If you want to know the teams I'm scared of, its S'hampton and Spurs, not City. Even West Ham spent very wisely this summer and with the impending move seem to be on the up and up.



Yup Southampton world class academy with great coaches. Taking kids who get let go from other places and turning them into stars.

Spurs good academy about about to expand their stadium.

West Ham is the academy of football and are about to move into a massive ground. They are a sleeping giant.

Posted by BleedPurpleGold
New Orleans
Member since Apr 2005
18917 posts
Posted on 3/23/15 at 3:06 pm to
Chelsea created a vast loan network and loanee clubs to support their spending. Its actually pretty clever. City could do the same but don't want to put in the effort.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 3:08 pm to
quote:

Chelsea created a vast loan network and loanee clubs to support their spending. Its actually pretty clever. City could do the same but don't want to put in the effort.


You're avoiding the question
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 3:11 pm to
quote:

That "big" clubs are trying to suppress smaller clubs by colluding in some continent wide financial regulation? That smaller clubs go along with things that will harm them so they can have an excuse for their fans????

That is the definition of extremist. You can't be serious right now. I refuse to believe it.


I think it's naive to think that's not part of the equation. It's not the entire reason for FFP and something needed to be done, I've never argued that. I don't know how many times I have to say but I have no problem with limiting how much debt can be put on a club. Y'all seem to just ignore that. If, as it's been said, that's all the wanted to do then why didn't they stop there? Why did they say that in addition we're going to limit how much a club can invest it it's squad just through a cash payment? There's no reason. None of you have ever given me a good explanation for it, just avoided the issue and called me names. So I'll ask again.
This post was edited on 3/23/15 at 3:12 pm
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84876 posts
Posted on 3/23/15 at 3:13 pm to
Yes 6th place Southampton is a burgeoning European power?

One of you actually said the other day that Southhampton will win the Champions League before PSG or City
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