Crustanoid
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- Feb 14, 2008
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Football is truly ruined at the top level if they can get away with this
Im sure they will also sell naming rights to each stand, 1st, 2nd, 3rd team bus, training center etc..Stadium to be known as Etihad Stadium for ten years, surrounding area to be known as Etihad Campus.
If that's the case it will be. £20m per season for shirt sponsorship is the same as United and Liverpool get, so that's made sure it qualifies as "fair market value". Not sure about what stadium naming rights usually cost, but £10m sounds about right. I think their deal with Umbro is only worth about £5m a year though, so they might try to improve on that. That's a total (so far) of £35m per year in major sponsorships, United get about £43m per year currently from Nike and Aon. They still have a lot to do in regards to increasing non-sponsorship revenues. I've never thought they'd have too much trouble with the financial fair play regs though, they are too easy to get around. Besides, we know what UEFA are like, they repeatedly let teams that have been banned for far more serious matters such as match fixing back into the Champions League, so I don't think any club is going to be too worried about the new rules.According to Tariq Panja the deal is structured as 20m for Shirt Rights and 10m for Stadium. I think that will be accepted by UEFA.
Etihad is the Arabic word for United. Scum.
Etihad doesn't mean united, it means union.
No, it isn't. It means Unity.
Edit: or Union, as someone else mentioned.
I heard this too, I do think though you could legitimately translate the word as United though as union & unity would probably be in the thesaurus under united.etihad does mean united and there is another word for union in arabic that is naqaba
Yes. 'United' is not a different derivation, but the past participle of the verb 'to unite'. Therefore the Arab word reflects the same stem. I don't know any Arabic, but saying it doesn't mean united is surely a bit like saying that 'death' is not the same word as 'dead'. As in once city play in a stadium called Unity/ United it's the sure sign of death/dead aspirations.Yes but when used in a name of a football club it does mean united. "Etihad Jeddah" is one example, which means Jeddah United.
Football's been ruined for years. And didn't we always know the so-called UEFA financial fair play regulations would be entirely toothless?Football is truly ruined at the top level if they can get away with this
They obviously couldn't care less.It's as if the Premier League/FA don't care where the money's coming from as long as there's plenty of it.
Was this deal sealed by Sheikh Mansour with a sock over his hand?
The fact that all of Manchester City's sponsors are related are somewhat related to their owners should be more suspicious.As I read it the deal for shirt sponsorship is rising from £3.2m to £20m per annum? Surely that will arouse suspicions?
It will not. It still counts towards what the regulation(s) considers as fair value - even if the deal is struck with connected parties.As I read it the deal for shirt sponsorship is rising from £3.2m to £20m per annum? Surely that will arouse suspicions?
That's what I initially thought too. UEFA will take a look at this and set a precedence - other clubs will be up in their faces asking for clarification of the regulations.Fair market value should place some value on the team getting the deal. If Malaga(or City) got their owners to give them a £20m shirt deal, that's massively overvalued because the clubs aren't on the same level as United, Barca, Madrid, etc. No unrelated sponsor would be willing to give City that much money for a shirt deal.
UEFA will take a look at the deal and say it falls within the range of acceptable 'fair market value'. They'll also consider ADUG and Etihad Airways to be separate entities, despite the sockpuppeting (as per Steve's post) we all know is going on.UEFA will take a look at this and set a precedence
Like I said, there's nothing wrong with this deal as it currently stands if we take what Tariq Panja has reported as truth - which we should. UEFA will have to clarify what's ok and what's not in terms of entities and sock-puppeting (lovely phrase!)UEFA will take a look at the deal and say it falls within the range of acceptable 'fair market value'. They'll also consider ADUG and Etihad Airways to be separate entities, despite the sockpuppeting (as per Steve's post) we all know is going on.
and fair play to the Red who edited Etihad's wiki page (Take a peek before it's gone!) --
Etihad means "snide council house" in Arabic
Etihad Airways - Wikipedia, the free encyclopedia
There's no way of doing that fairly. UEFA can't have a "United and Liverpool can sign £20m shirt sponsorship deals but City can't because they are shite" rule, can they? They can only say that there has been a precident set and £20m represents a top line fee comparable with other English clubs. Therefore any English or European clubs can say there is fair market value if they sign a similar deal, regardless of the prestige of the club.Fair market value should place some value on the team getting the deal. If Malaga(or City) got their owners to give them a £20m shirt deal, that's massively overvalued because the clubs aren't on the same level as United, Barca, Madrid, etc. No unrelated sponsor would be willing to give City that much money for a shirt deal.
It'd be impossible to implement, but the whole idea of having a club owner "sponsor" it in everything it does is a joke. They don't need a group of people to seek sponsorship deals from companies because every entity within the Emirati Sovereign Wealth Fund is a sponsor of City. It makes a mockery of the entire idea of financial fair play.There's no way of doing that fairly. UEFA can't have a "United and Liverpool can sign £20m shirt sponsorship deals but City can't because they are shite" rule, can they? They can only say that there has been a precident set and £20m represents a top line fee comparable with other English clubs. Therefore any English or European clubs can say there is fair market value if they sign a similar deal, regardless of the prestige of the club.
Well I'd think each loophole will be exploited once and thusly closed. Itll be enough to go on another spree this summer and still fall under FFP requirements. Don't know what they'll do in a few years though when they become older like the current Chowsy teamIf clubs like City clearly exploit loop holes to get around FFP won't UEFA eventually just make even those routes impossible?
the US is rife with no-bid government contracts, esp post 9/11.What about introducing the idea that there must be multiple bids to gain a real idea of the market value? No unconnected company would ever pay close to this so if they were forced to show the value of other bids then the lack of 'market value' would be clear.
I'm pretty sure they have something similar in the US in the way they handle bids for construction work.
That discussions been had a million times. Personally, for £200m, I wouldn't be too bothered if they sold the naming rights to Old Trafford. It would still be known as Old Trafford to every United fan around the world and pretty much every football fan. The only people that would refer to it as it's new name are the broadcasters and ABU's in a sorry attempt to wind us up.Not sure I'd have a go at them, do we have concrete guarantees our owners won't do the same in the future?
10 year naming right for a cool 150-200mil doesn't sound like something the Glazers would turn their noses up at. What the fans would think of such a move wouldn't matter one iota to them.
Boycotts you say, sure 1 weekend, possibly 2, and then everyone moves on.