Peggy's a blue
Well-Known Member
Fair point swp but we always calculated the sum invested, that created the profit, mute point I suppose :-)
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15/16 financial results - £20.5m profit announced
- Thread starter Silvercloud
- Start date
Jazzman
Well-Known Member
That's right. Adidas, Audi and Allianz each own 8,33% of Bayern Munich AG (AG means a stock company). The remaining 75% is owned by Bayern Munich e.V. (maybe this translates to registered association, the "mother" club).Munich's sponsors own the club don't they? Or at least in part.
Bayern sold 10% of the shares at the time in 2002 to Adidas for approximately 77 million Euros, in 2010-2011 another batch of shares to Audi for 90 million Euros, and lastly in 2014 Allianz bought their part for 110 million Euro's. Via a small capital increase in 2010 this ensured that all 3 companies own 8,33% of the stocks in the company.
All 3 companies provide a member of the board of director of the stock company. Also the Deutsche Telekom CEO and the board spokesman of Unicredit Bank are members of that board of directors.
That's the facts. Now allow me a couple of personal remarks.
1. Looking at the time of these investments, and at the amount of money in German football these investments are huge. Hamburg today has a yearly turnover of 100 million Euros. Bayern's success in the last 15 years has a lot to do with them having a lot more money that everybody else (a lot as in orders of magnitude). When Bayern pride themselves about their fantastic ability to create healthy finances, this is a large part of the explanation.
2. Bayerns attitude towards City and PSG and anybody else who got investment in the last years is extremely hypocritical.
3. Fuck them ! Can't stand the arrogant bastards.
SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 88,250
That would be worthwhile if the owners were looking to take a dividend (on which case the yield would be fairly poor), but he's seen a 100% growth on his invested capital (buying the club and investment in facilities and playing staff).Fair point swp but we always calculated the sum invested, that created the profit, mute point I suppose :-)
If he were to sell today he'd walk away with a very tide profit.
Simon Stone, yes him at the BBC rag section has done a piece and strangely has opened it for comments attracting the trolls he was hoping for.
http://m.bbc.com/sport/football/37685553
http://m.bbc.com/sport/football/37685553
Simon Stone, yes him at the BBC rag section has done a piece and strangely has opened it for comments attracting the trolls he was hoping for.
http://m.bbc.com/sport/football/37685553
Stone is a complete arsehole, a sycophantic rag prick who is hurting due to our rise.
Gordyola
Well-Known Member
An interesting aside that I hadnt realised is the chairman of Etihad Airways is on our board of directors since 2010.
Two different guys with very similar names http://www.directorstats.co.uk/director/mohamed-al-mazrouei/ The Chairman of Etihad is not the one on City's board
There are two people named Mohamed Al Mazrouei in the DirectorStats.co.uk database. Agewise one of them is 38 years old and the other is 38 years old. Records show that there are currently 78 filings mentioning a professional called Mohamed Al Mazrouei. Below you'll find short descriptions of the two people sharing the Mohamed Al Mazrouei name we have information about. Complete information can be found above.
Mohamed Mubarak Al Mazrouei, of Manchester City Women's Football Club Limited (City Football Hq, 400 Ashton New Road, M11 3FF, Manchester) is a 38-year-old director that is mentioned in 77 filings. This Emirati national worked for 8 companies, to name just a few Manchester City Women's Football Club Limited, City Football Services Limited, and City Football Marketing Limited. This director worked with Khaldoon Khalifa Al Mubarak in Manchester City Women's Football Club Limited, Simon Pearce in Manchester City Women's Football Club Limited, John Theodore Macbeath, Alberto Galassi, Martin Lee Edelman.
There is another officer named Mohamed Mubarak Fadel Saeed Al Mazrouei at DirectorStats.co.uk (38 years old). This Uae citizen's work history includes holding the position of a director at Etihad Airways (New Airport Road, P.o.box 35566, Abu Dhabi). Since the appointment on 2009-05-07 we found 1 filing about this manager in the categories: officers (appointments).
https://www.cpc.gov.ae/en-us/thecrownprincecourt/CPC_Management/Pages/The_Undersecretary.aspx
Dave Ewing's Back 'eader
Well-Known Member
Completely debt free! 'Tis a concept that was completely alien to Uncle Mal.
S04
Well-Known Member
Two different guys with very similar names http://www.directorstats.co.uk/director/mohamed-al-mazrouei/ The Chairman of Etihad is not the one on City's board
There are two people named Mohamed Al Mazrouei in the DirectorStats.co.uk database. Agewise one of them is 38 years old and the other is 38 years old. Records show that there are currently 78 filings mentioning a professional called Mohamed Al Mazrouei. Below you'll find short descriptions of the two people sharing the Mohamed Al Mazrouei name we have information about. Complete information can be found above.
Mohamed Mubarak Al Mazrouei, of Manchester City Women's Football Club Limited (City Football Hq, 400 Ashton New Road, M11 3FF, Manchester) is a 38-year-old director that is mentioned in 77 filings. This Emirati national worked for 8 companies, to name just a few Manchester City Women's Football Club Limited, City Football Services Limited, and City Football Marketing Limited. This director worked with Khaldoon Khalifa Al Mubarak in Manchester City Women's Football Club Limited, Simon Pearce in Manchester City Women's Football Club Limited, John Theodore Macbeath, Alberto Galassi, Martin Lee Edelman.
There is another officer named Mohamed Mubarak Fadel Saeed Al Mazrouei at DirectorStats.co.uk (38 years old). This Uae citizen's work history includes holding the position of a director at Etihad Airways (New Airport Road, P.o.box 35566, Abu Dhabi). Since the appointment on 2009-05-07 we found 1 filing about this manager in the categories: officers (appointments).
https://www.cpc.gov.ae/en-us/thecrownprincecourt/CPC_Management/Pages/The_Undersecretary.aspx
Very big, rich and influential family/clan the Mazrouei actually.. They pop up everywhere in Abu Dhabi and Dubai, I think the Emir is married to one of them as well.
M
M
mat
Guest
This is how it feels to City
This is how it feels to be small....
This is how it feels to be small....
OB1
Well-Known Member
Some brief comments on the financial report.
The operating profit has barely changed i.e. the increase in revenue has been eaten up by cost increases. Most of those cost increases are not down to items that vary directly with revenue: they largely relate to amortisation and depreciation, with the biggest increase being in the amortisation of transfer fees.
The main contributors to the £40m increase in top line revenue are match day and UEFA income. It’s a bit of a rough comparison, because it ignores variation in the number of home games, but match day revenue was up 21% against a 17% increase in stadium capacity; so they look broadly in line.
Revenue from UEFA rose by 86% (£30m), which just reemphasises the importance of doing well in that competition.
Commercial revenues 3% increase is pretty modest and one presumes the club are looking for much more from this line given that they include this percentage in their key performance indicators (KPI’s). I have no idea if sponsorship income is linked to league position but that might have held progress back. I am sure though that continued on field success will see this line continue to be an important contributor to revenue growth and improved profitability.
The important thing is that most increases in revenue now will either flow to the bottom line or be used to fund (even more) transfer spending. The club’s number of employees is stable, its staff cost to revenue ratio (another KPI) is good and even signing a Lionel Messi on £1m a week probably would not harm it much. The club’s cash flow shows no requirement for funding in the year and a relatively modest £20m outflow, which is particularly encouraging when the increase in trade debtors more than accounts for that use of cash (quite why trade debtors more than doubled I don’t know or whether that level will remain). The key point though is that the club appears to have reached a point where it has considerable discretion over how much to spend on transfers / players without Mansour having to dip into his own pocket to fund it.
Best run club in the world? Quite possibly.
The operating profit has barely changed i.e. the increase in revenue has been eaten up by cost increases. Most of those cost increases are not down to items that vary directly with revenue: they largely relate to amortisation and depreciation, with the biggest increase being in the amortisation of transfer fees.
The main contributors to the £40m increase in top line revenue are match day and UEFA income. It’s a bit of a rough comparison, because it ignores variation in the number of home games, but match day revenue was up 21% against a 17% increase in stadium capacity; so they look broadly in line.
Revenue from UEFA rose by 86% (£30m), which just reemphasises the importance of doing well in that competition.
Commercial revenues 3% increase is pretty modest and one presumes the club are looking for much more from this line given that they include this percentage in their key performance indicators (KPI’s). I have no idea if sponsorship income is linked to league position but that might have held progress back. I am sure though that continued on field success will see this line continue to be an important contributor to revenue growth and improved profitability.
The important thing is that most increases in revenue now will either flow to the bottom line or be used to fund (even more) transfer spending. The club’s number of employees is stable, its staff cost to revenue ratio (another KPI) is good and even signing a Lionel Messi on £1m a week probably would not harm it much. The club’s cash flow shows no requirement for funding in the year and a relatively modest £20m outflow, which is particularly encouraging when the increase in trade debtors more than accounts for that use of cash (quite why trade debtors more than doubled I don’t know or whether that level will remain). The key point though is that the club appears to have reached a point where it has considerable discretion over how much to spend on transfers / players without Mansour having to dip into his own pocket to fund it.
Best run club in the world? Quite possibly.