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Old 17-08-2011, 11:20   #181
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Originally Posted by The 3 little pigs View Post
Do you know why they are doing this? I dont understand a middle-eastern family have a burning desire to renovate a ****-hole? What are they getting out of it?
I dont fancy writing it all up again, the last page covers all my ideas as to why I think they are doing it, But basically I personally think it all boils down to a very large Marketing campaign for Abu Dhabi ( how many people had heard of them before they bought Man City ) and for all the companies Abu Dhabi own.
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Old 17-08-2011, 11:21   #182
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are they going to finally finish the tram link to that area?
Yep
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Old 17-08-2011, 11:23   #183
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Yep
that's good. shameful chapter in MCC's transport policy!
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Old 17-08-2011, 11:56   #184
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Im really trying not to see it through rose tinted glasses, im trying to look at it from an entirely external view of what it appears the owners are trying to do.

I agree currently Man City and "the project" are not a bench mark at all at the moment, Im talking a long way down the line, in say 10-20 years time when the Ethihad campus is complete it will be a bench mark ( the world capitol of sport as they called it ) for the world to see.

Blue tinted glasses back on.

You clearly dont quite get the scale of the sponsorship deal though with your "sham" comments.

Ethihad campus ( all 210 Acres of it) is going to include all the hotels, conference centres, restaurants, new stadium ( maybe ), training complex for 400 academy members and housing for 200 of them, the school being built for those 200 academy members who stay local.

The Campus is going to be something very very special and not just limited to football, it's got the National Squash center, Regional tennis center that is going to be upgraded to be a world sports level tennis area. the Manchester Velodrom and what was going to be the Casino area that is also going to get built on, I have no clue what will be on that area though.

The FFPR state that finances gained from the area surrounding stadium can be classed as income to the team, and that is exactly what is happening here, They can scrutinise it all they like, Man city had multiple meetings with UEFA throughout the development of the deal to ensure it fell within the FFPR.

The fact that City did these things suggest that UEFA are saying they will scrutinise more to appease the other teams than to punish City and Etihad.
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I'm not convinced UEFA will find too much wrong with the deal.
It's £40M a year, but that covers (1) Shirt Sponsoship (2) Stadium Naming and (3) Ethihad Campus development.

If you split that, for example, £5M, £10M, £25M, it's going to be hard for them to compare the campus development to anything else because by the sound of it, the development is unprecedented - that's where the benchmark will be set. Etihad will be getting a lot of publicity out of what is a unique development, so what are UEFA going to compare the £25M against?

I haven't read them, but apparanetly the UEFA FFP rules specifically encourage development of such training/player development facilities, so they can hardly argue against what we are doing. UEFA are duty bound to investigate because there is a family link between Etihad and the City owners, so it is formal procedure more than any suspected wrongdoing.

I can see why neutrals are upset though.

At least you're both honest enough to recognise that City are indeed trying to bend the FPP rules. Whatever people can argue about the financial scale of the Etihad deal, the part that stinks is that it's the Abu Dhabi airline sponsoring the Abu Dhabi football "project" (I can't call it a club, because it only vaguely resembles any real definition of a football club). It's effectively money laundering, buttered up as sponsorship.
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Old 17-08-2011, 12:36   #185
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At least you're both honest enough to recognise that City are indeed trying to bend the FPP rules. Whatever people can argue about the financial scale of the Etihad deal, the part that stinks is that it's the Abu Dhabi airline sponsoring the Abu Dhabi football "project" (I can't call it a club, because it only vaguely resembles any real definition of a football club). It's effectively money laundering, buttered up as sponsorship.
Sorry but Man City are not bending any rules at all, we are living within the rules laid out and had meetings with UEFA to ensure that is the case.

Etihad is the national airline of Abu Dhabi ( A country ) Man city is owned by a member of the royal family of Abu Dhabi, they are 2 entirely separate entities that just happen to be from the same country. If there is anything "suspicious" it's the fact one of Sheikh Mansour's cousins (im not even sure it's direct cousins ) is on the board of Etihad.

Money laundering?? your having a laugh. thats the practice of taken stolen money and making it "clean" so it can be spent without being traced, a highly illegal activity used by mobsters. So unless your suggesting that Etihad Airways is a front to some middle eastern Mafia I suggest you stop slinging false and derogatory terms around.

Last edited by Grunge; 17-08-2011 at 12:42.
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Old 17-08-2011, 12:50   #186
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So unless your suggesting that Etihad Airways is a front to some middle eastern Mafia I suggest you stop slinging false and derogatory terms around.
is that the sound of the DVDF police i hear?

Money laundering doesn't happen to be illegal, although it usually is, but it is recycling immoral money... like at Chelsea...
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Old 17-08-2011, 12:58   #187
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Money laundering doesn't happen to be illegal, although it usually is, but it is recycling immoral money... like at Chelsea...
What.... Hahaha..... Sorry but thats


Money Laundering.
Cambridge Dictionary
Quote:
the crime of moving money that has been obtained illegally through banks and other businesses to make it seem as if the money has been obtained legally
Wiki
Quote:
Money laundering at its simplest is the act(s) of disguising the illegal sources of money so that it looks like money that came from legal sources.
Isle of man gov.
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Money Laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of criminal activities. If successful, the money can lose its criminal identity and appear legitimate.

Illegal arms sales, smuggling, and the activities of organised crime, including for example, drug trafficking and prostitution, can generate huge sums. Embezzlement, insider trading, bribery and computer fraud schemes can also produce large profits and create the incentive to "legitimise" the ill-gotten gains through money laundering.
The Financial Action Task Force
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The goal of a large number of criminal acts is to generate a profit for the individual or group that carries out the act. Money laundering is the processing of these criminal proceeds to disguise their illegal origin. This process is of critical importance, as it enables the criminal to enjoy these profits without jeopardising their source.
I could continue posting every definition i find, these were the 1st few I found. Care to find a legitimate source to back up your claims that its not illegal?

Last edited by Grunge; 17-08-2011 at 13:04.
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Old 17-08-2011, 13:00   #188
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You can dance around dictionaries all day - the world can see exactly what Man City are doing.
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Old 17-08-2011, 13:05   #189
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It has to be the worst way to launder money EVER if it means you lose hundreds of millions of £s a year by doing it...
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Old 17-08-2011, 13:06   #190
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You can dance around dictionaries all day - the world can see exactly what Man City are doing.
And what prey tell is that?
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Old 17-08-2011, 13:11   #191
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Ah, perhaps my previous posts were too subtle. Man City are subverting rules put in place to stop exactly what it is that Man City are doing to the game. Perhaps a loophole has been found - well done, how great it must feel to support a club that is ******* the game up the arse. Like I say, everything the club achieves will be a hollow sham, so enjoy your sham club while it lasts.
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Old 17-08-2011, 13:19   #192
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Ah, perhaps my previous posts were too subtle.
Your previous post suggested that my pointing out money laundering is illegal and completely inaccurate term was in some waywrong. So how was my "dancing round dictionaries" to point out that fact wrong? and it also suggested that there were actual illegal activities going on at City? which were what exactly?

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Man City are subverting rules put in place to stop exactly what it is that Man City are doing to the game. Perhaps a loophole has been found - well done.
We are not subverting anything, and no loop hole has been found, we are living by the very clear letter of the FFPR law. if it were a loop hole UEFA would have closed it when we started having meetings with them to make sure the deal was valid?

It appears to me the day a footballer started to take a salary and the clubs started charging entry is the day the sport died for you.

Edit: And from what I recall, the FFPR rules were put in place to stop teams getting into massive debt and going bang, not to "stop exactly what it is City are doing".

Last edited by Grunge; 17-08-2011 at 13:32.
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Old 17-08-2011, 13:35   #193
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If it helps you to believe that then that's super for you.
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Old 17-08-2011, 14:00   #194
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What.... Hahaha..... Sorry but thats


Money Laundering.
Cambridge Dictionary


Wiki


Isle of man gov.


The Financial Action Task Force


I could continue posting every definition i find, these were the 1st few I found. Care to find a legitimate source to back up your claims that its not illegal?
sorry, typo, i meant "have to be", not "happen"... maybe it's not technically money laundering, i'm not sure what you'd call what Abramovich did with Sibneft, but there are suspicions something similar is going on here...
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Old 17-08-2011, 14:06   #195
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This is Brill, people on this forum have the cheek to call Manchester City fans bitter and then you read some of the stuff aimed at City by some fans of other clubs.

City fans are loving the fact that as a club we can compete and yes we do feel super about it.

Most fans whom I have spoken to face to face wish it was their club that had been bought by 'our' lot. It's great for Manchester City and the people of Manchester no matter what team they support.

Calsberg don't do Football owners but if they did.....
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Old 17-08-2011, 14:08   #196
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sorry, typo, i meant "have to be", not "happen"... maybe it's not technically money laundering, i'm not sure what you'd call what Abramovich did with Sibneft, but there are suspicions something similar is going on here...
I cant say for sure whats going on over Chelsea way, the rumours I heard about the way Abramovitch got his money sounds more underhand rather than illegal though. Who knows though.

As I say though, Man City seems to be closer to a large marketing campaign for Abu Dhabi rather than anything sinister.

Edit: and one thing I can say for sure, Etihad have got there name in the paper around the world by sponsoring City and for such a large amount of money. It seems to be proof that the marketing is working for Man City, Abu Dhabi and Etihad.

I mean, on a global scale i bet not many had heard of Man city, Abu Dhabi or Etihad before all this kicked off, they have now!.

Last edited by Grunge; 17-08-2011 at 14:13.
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Old 17-08-2011, 14:14   #197
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Etihad is the national airline of Abu Dhabi ( A country ) Man city is owned by a member of the royal family of Abu Dhabi, they are 2 entirely separate entities that just happen to be from the same country.



Priceless
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Old 17-08-2011, 14:20   #198
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Priceless
while your busy in hysterics, Ask yourself this, Hypothetically, If the British royal family owned a football team, and British airways sponsored it. would there be a problem?

Last edited by Grunge; 17-08-2011 at 14:21.
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Old 17-08-2011, 14:20   #199
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This is Brill, people on this forum have the cheek to call Manchester City fans bitter and then you read some of the stuff aimed at City by some fans of other clubs.

City fans are loving the fact that as a club we can compete and yes we do feel super about it.

Most fans whom I have spoken to face to face wish it was their club that had been bought by 'our' lot. It's great for Manchester City and the people of Manchester no matter what team they support.

Calsberg don't do Football owners but if they did.....
City have been called "The Bitters" since the late 60s/70s, so it'll take a while for the mindset to change...
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Old 17-08-2011, 14:21   #200
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Ask yourself this, If the British royal family owned a football team, and British airways sponsored it. would there be a problem?
is Al-Ahli Dubai for sale?
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