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re: Facing multiple legal challenges, UEFA set to ease FFP restrictions
Posted on 5/18/15 at 11:30 am to StraightCashHomey21
Posted on 5/18/15 at 11:30 am to StraightCashHomey21
quote:
but once that stops and a club can not cover those wages on its own. Then a shite storm starts.
I just don't see that as the same kind of dangerous activity as what was going on at those clubs in terms of moving money around and financing huge transfer fees over long periods with big interest accrued.
Just a simple wage bill is going to be covered by any owner and a new owner will have access to those numbers before they come on board. They won't be shocked to find that YaYa makes 250k a week or whatever. It's public knowledge.
1
Posted on 5/18/15 at 11:34 am to Draconian Sanctions
quote:
I just don't see that as the same kind of dangerous activity as what was going on at those clubs in terms of moving money around and financing huge transfer fees over long periods with big interest accrued.
Just a simple wage bill is going to be covered by any owner and a new owner will have access to those numbers before they come on board. They won't be shocked to find that YaYa makes 250k a week or whatever. It's public knowledge.
A club like City just does not bring in enough to sustain their habits, if it was sold. It wouldn't have no where near the sponsorship money if its owner didn't have ties to Etihad.
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