(1/5) I wouldn’t take poison on it, but PSG letting Messi and Neymar walk in the summer makes all the sense in the world given their FFP situation, and I would bet that it has been in their plans a long time. PSG have had FFP issues in the past and handled it the same way.
(2/5) So what is their strategy? This will get talked about more and more. If you go over FFP by a wide margin, UEFA will require that you agree to an action plan to get back in compliance with the rules. As long as you comply with the action plan — you will not face stiff …
(3/5)..sanctions. In fact, the more you breach the rules the first time after having complied with them, the more you can spend over a 5-6 year period. PSG breached the rules with 300m last year. When Messi and Neymar walks, they will be a long way along the road to complying…
(4/5)..with the rules again. PSG last breached the FFP rules in 2014, which put a lid on their spending until 2017. It’s odd that they didn’t get sanctioned after the Mbappe and Neymar signings (in 2017), then temporary Covid rules saved them. The way the FFP rules are structured
(5/5)..spending in waves including breaching the rules enables the highest possible spending. This is also what #CFC is doing. A breach is coming for them, but it won’t be the end of the world.

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More from @SwedishRumble

Feb 14
(1/22) In this 🧵we cover why it perhaps is premature to rule out Elon Musk buying #MUFC, and especially look at a couple of aspects that have yet to be covered, that greatly increase the odds of this takeover taking place. Image
(2/22) The report of Musk’s interest to by MUFC has not really been taken seriously. Reactions has varied from total disbelief to at best speculations on how nothing can be ruled out when it comes to Elon Musk. There are however many scenarios – other than it...
(3/22)..being an ‘act of madness’ – that could explain his interest in the club. In this thread, we will look closer at three of them. First of all, it is important to remember that Elon Must has a long history of cooperating with Saudi Arabia. Image
Read 23 tweets
Feb 12
(1/4) So @FA_PGMOL is getting a ton of heat for drawing a VAR line or two wrong, but the fact that it’s a racist organization resulted in 1-2 articles a year ago and then nothing? “Football's black referees still being shut out of the game due to racism” mirror.co.uk/sport/football…
(2/4) Howard Webb has called for a crisis meeting with @FA_PGMOL due to the VAR human errors. When news spread of FA_PGMOL officials telling black refs "You lot can all run fast, but that’s all you are good for” — they started to chalk refs of Irish decent as being of minority.
(3/4) 10% of the 24,000 refs in England are black, but none ever get promoted to the high paid jobs. This year a white women get a game in the Championship, but they still haven’t found — one — ref of non English decent that could do the job.
Read 4 tweets
Feb 10
(1/17) While the dust is settling on the battleground after months of strategic discussions behind the scenes, we are entering the final week before first bids is to be submitted. In this 🧵, I provide my thoughts, as a Public M&A lawyer, on the lay of the land.
(2/17) The reports on Sir Jim Ratcliffe (Ineos) clearly indicate that he is prepared to make a bid and that he has secured financing (on a Certainty of Funds basis) for his (Ineos) bid. Ratcliffe and his team has vast M&A experience, and will put up a fight.
(3/17) Would Jim Ratcliffe be a good owner? What about Nice’s performance? What about debt? I am fairly certain that he would be a perfectly OK owner. “FFP” – does – limits the impact of the depth of the pockets of potential buyers.
Read 23 tweets
Feb 9
(1/5) A brief point that should be made is, it is irrelevant whether a new owner take on debt to buy #MUFC. Comparing what Glazers have done with anyone financing a takeover of the club with debt is 🍏 and 🍊. If anything, anyone not buying us financed with debt, is showing poor
(2/5)…confidence in their own ability to make business. Think of it like this, with money, you can make business. Money is available from the bank for 3-4% cost per year. Anyone that can take money and create say a 10% return per year, is of course stupid not taking on debt.
(3/5)…But surely — Qatar would never loan money with all their oil? Yes, for the above reason, anyone with any kind of ambition to do business (away from one single profitable area) take on debt. This is Qataris debt to “turnover” ratio:
Read 5 tweets
Feb 8
🚨“Telegraph Sport understands ‘several’ US financier-led consortiums have privately provided assurances that they will bid. However, given commitments to secrecy as part of the bidding process, few are willing to be named” [@TelegraphDucker] [1/3]
There are of course many type of US investors, and I can guarantee that none will be similar to the Glazers. But it’s hard to not expect these ‘nameless’ consortiums to not want to exploit opportunities like providing funding against future TV payments and stuff like that [2/3]
while also having a rather short investment horizon. They would surely want to make #MUFC thrive on the pitch and would intend to invest in the Club. But I think those investments would come at a long term price. [3/3]
Read 4 tweets
Feb 8
(1/n) This is a topic there should be much more debate on and that should be covered a lot more. Howard Webb is the new chief refereeing officer — and he has declared that “it will be business as usual” with him in charge, and that not one of the changes demanded by fans …
(2/n) Why’s is this so problematic? Howard Webb’s logic is simply very flawed. If VAR only steps in and corrects significant non-subjective issues, you will of course get situation where VAR for example reviews on situation at one end of the pitch, and confirms a penalty …
(3/n)…and then look at an —identical situation — on the other side of the pitch, and confirm that a penalty shall NOT be given. Why because it’s of course possible that a ref in the heat of the moment get it wrong, but it’s within the ref’s “subjective” room to make calls. Not..
Read 9 tweets

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