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| Tweet Topic Started: May 19 2011, 02:21 PM (340 Views) | |
| mcfc1975 | May 19 2011, 02:21 PM Post #1 |
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Phorum Pimp
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http://www.scribd.com/fullscreen/55741334 City threads keep getting over run by muppets that keep bleating on about Citys finances so here is the finance thread big deal City have spent a bucket load of money, big deal it has come from the sale of oil (that reminds me, i must put a tenner in my car) and big forking deal something else i have forgotten City won the FA cup and will push on, like it or not. City will be challenging for the league next season, like it or not. you can all bitch and whinge about things, but that is just the way it is now. ![]() City have just got in in time for the ffp. City officials seem confident that we will be able to CTID
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| Dotty | May 19 2011, 02:27 PM Post #2 |
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Stuck up bastard
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City really need to expand their revenue channels quickly, talks of signing all these big players is laughable imo considering you're current wage structure is unsustainable. |
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| FLOPP'D | May 19 2011, 02:36 PM Post #3 |
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The King in the North
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I look at Citys finances a while ago, and asked a City fan who he thought would be leaving in the summer. He said Johnson, Bridge, Adebayor, Tevez, M.Johnson, Given, Bellamy, Caideco, RSC, probably Boateng A very rough look at those players should see City saving around 61m a year in wages and amortisation. Just a quick look MCFC but I think as long as City doesn't go mental this summer, they should be able to comply. The latest figures showed City mankign a 120m loss, add 30m or so for Champions League, and subtract that 61m, means around a 30m loss this year if everything else is held equal. Of course loads of stuff will change but it shows City should be able to comply when they sell off the deadwood. |
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| mcfc1975 | May 19 2011, 02:36 PM Post #4 |
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Phorum Pimp
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LuisSua7ez great minds agreed, City need to increase revenue, but they have already got more sponsorship from companies in Abu Dhabi, we will get more income from the CL and City got £1.8 million for winning the FA Cup the owners are spending one billion pounds on redevelopement of the ground and surrounding area, if you look at the ffp ground regeneration and training ground improvements are allowed to be offset against spending. i dont really know the ins and outs, but the money men at City do. they seem happy enough that City will comply so that means that i am happy enough Citys owners have already had a meeting with platini and his cronies, i suspect they gave him a large brown envelope |
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| mcfc1975 | May 19 2011, 02:48 PM Post #5 |
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Phorum Pimp
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paddy, our chairman did an interviewwhich is on Citys os and said we will be getting 2 quality players, not buying loads like last time. they also said last year that that would be the last time we would buy lots. we have the nucleus of a very goo team and witha few tweaks we will be serious challengers. http://www.telegraph.co.uk/sport/football/european/8253566/Michel-Platini-insists-he-is-prepared-to-ban-clubs-from-Champions-League-if-they-do-not-comply-with-regulations.html an article from today saying he will ban clubs from europe, i have highlighted a few things
so if City show they are heading in the right direction, 121 million loss last year, £75 million this year, £40 mill year after, etc etc, that seems like it will be fine.
Sheikh Mansour knows
thats sorted, lets get these 4 in the CL |
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| Jeffers | May 19 2011, 05:42 PM Post #6 |
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Ginger Prince
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I think the 4 teams included United, Arsenal and Liverpool. A lot of the smaller teams have huge wage bills, Sunderlands was about 70% and im sure Villas was over 50% I wouldn't worry too much about it, I cant see City needing to spend as much as they have done, and there should be enough money in the squad to ship out 4 or 5 and bring in 1 quality name I'm not sure how player sales would effect the ruling though, big transfers like Torres and Ronaldo would completely change the situation |
| "I don't play against a particular team. I play against the idea of losing." - Cantona | |
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| Deleted User | May 19 2011, 07:39 PM Post #7 |
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Deleted User
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Nothing will drastically happen if clubs don't meet the criteria in this financial balls up. UEFA aren't going to shoot themselves in the foot by banning their trump cards from their biggest competition; it's a face saving exercise to show that UEFA are 'apparently' doing something about this situation of clubs getting vastly into debt. The reality is that nothing will change. |
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| Jeffers | May 19 2011, 07:43 PM Post #8 |
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Ginger Prince
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If they p*** off too many clubs they will just make their own tournament like with the prem |
| "I don't play against a particular team. I play against the idea of losing." - Cantona | |
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| Stryke | May 19 2011, 08:43 PM Post #9 |
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Star of Brokeback Mountain
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It'll have some impact but as has been said. It's not as strict as it first appeared and there are plenty of ways for a club to get around it despite the hopes of many. |
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| mcfc1975 | May 19 2011, 11:07 PM Post #10 |
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Phorum Pimp
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rather than hinder City, this may actually help us. Now we are in the top 4 we will get more and more money and hopefully become an established top 4 side. With these regulations coming in, there will be no more owners that can come in and threaten the dominance of the clubs already in the top 4 by splashing their cash. Instead of 'fair play', this rule is protecting the clubs already in a position of dominance. Gone are the dsys of a team like blackburn winning the league and gone are the days of a club becoming a serious long term threat to the new big 4. Imho, it is a real shame. A team like everton is crying out for major investment, who is going to to this now? Prob no one, a once great club is prob going to be fighting for midtable positions and the odd semi final place. Instead of football fans worrying about what City are doing, they should be worried that plstini is ruiningtye game and that the ffp is anything but fair. |
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| tebroc | May 19 2011, 11:10 PM Post #11 |
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Beetlejuice's Body Double
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villas was one of the highest in the league percentage wise. its more expensive then spurs's. |
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| mcfc1975 | Jun 13 2011, 11:31 AM Post #12 |
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Phorum Pimp
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seeing as though utd fans keep spamming the City thread with utd s**t, here is the finance thread
http://www.united-latest.com/1/post/2011/03/manchester-uniteds-finances-continue-to-deteriorate.html
http://www.financial-news.co.uk/2069/2011/03/manchester-united%E2%80%99s-parent-company-announces-109m-loss/ jeffers, that article you put in the City thread showed utd have an increased turnover, which i am not disputing dimitar, show me a link where it shows utd have a "record operating profit" if you could show me a link to the last half year accounts as well as i dont think utd have realsed their year end accounts for this year |
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| Monty | Jun 13 2011, 11:36 AM Post #13 |
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I'm a naughty boy
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http://www.independent.ie/sport/soccer/premier-league/manchester-uniteds-operating-profits-set-to-top-100m-2371135.html http://www.sportingintelligence.com/2010/10/08/manchester-united-accounts-turn-record-100-8m-operating-profit-into-loss-of-83-6m-081009/ |
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| mcfc1975 | Jun 13 2011, 11:46 AM Post #14 |
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Phorum Pimp
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thanks
although after addbacks it is a break even figure not too sure how they are going to incorporate buying players into the ffp, whether it will be broken down over the period of the contract or will be done in one big amount |
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| Monty | Jun 13 2011, 11:48 AM Post #15 |
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I'm a naughty boy
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What are you laughing at? ![]() United have over 180m in the bank, ALL transfers by ALL clubs are amortised over the life of their contracts. They are never done in one lump sum. |
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8:02 PM Jul 11