Media Thread - 2021/22

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I think you’re getting mixed up between CFG and MCFC, £4 billion is what MCFC is worth, I don’t know what CFG is worth on the whole.
I don’t think I am the last time either entity was given a value in the press I think was when CFG got new investment via Silverlake will be very different now look at Chelsea’s value tho that’s inflated in some respects in how it’s reported and don’t they own the ground we don’t

Can probably find a more up to date value of City by Deloitte
 
I think you're both unnecessarily pessimistic here. The PL are subject to the law of the land, just as UEFA are, and attempts by "the Americans" to introduce financial regulations which gave them an advantage or to end relegation and promotion would face action for violation of competition law. Newcastle and City have already warned the PL that new regulations on sponsorship are unenforceable and UEFA's FFPR regulations have not yet been challenged in court but they may well be in the future. The argument that clubs have accepted the and must therefore abide by them is not valid - the retain and transfer system had been a part of football for decades, but the courts rejected it in George Eastham's case in the UK in 1963 as did the ECJ in the Bosman case.
I sincerely hope your correct ....May sleep easier
 
I don’t think I am the last time either entity was given a value in the press I think was when CFG got new investment via Silverlake will be very different now look at Chelsea’s value tho that’s inflated in some respects in how it’s reported and don’t they own the ground we don’t

Can probably find a more up to date value of City by Deloitte
When CMC bought into CFG in 2015, it valued the group at 3 billion USD. When Silverlake bought in 2019 it was 4.8 billion USD. More now obviously.

Forbes May 2022 valuation of City is 4.3 billion USD.
 
From the PL website:

'The Premier League is a private company wholly owned by its 20 Member Clubs who make up the League at any one time.

Each individual club is independent, working within the rules of football, as defined by the Premier League, The FA, UEFA and FIFA, as well as being subject to English and European law.

Each of the 20 clubs are a Shareholder in the Premier League. Consultation is at the heart of the Premier League and Shareholder meetings are the ultimate decision-making forum for Premier League policy and are held at regular intervals during the course of the season'
.

So, essentially 3 more USA owned teams and they can do whatever the f*ck they like.

The funny thing about that extract is that it makes the effort to say that each individual club is subject to English law, but it omits to say that the PL itself is also subject to English law.

They can't just do what they want. And I suspect that has been made pretty clear to them in the last year or so.
 
It's a bit more complex as the original tweet is from someone who focuses on the care sector, and is more concerned that it's pretty much a foreign govt seeing children's homes as a money spinner. Lots of his posts are about private care, and he also points out that one of the people who (at least I think he's saying this) made most money from the Italian sale was a big Tory donor - so aiming at them too.

Entirely legitimate concerns in my opinion.

The guy making the link to Erling Haaland and City writes about human rights issues in the Middle East, and is essentially click-baiting by trying to link the two (and the link is there as Khaldoon Al Mubarak is CEO of the fund that bought the company). He's worked for Human Rights watch and his focus on the area doesn't appear to be the same kind of convenient interest that a lot of Liverpool supporting journalists seem to have recently discovered (although the red team do appear to have been given a free pass for playing in Qatar because they asked him for advice first!). Whether you think trying to link genuine concerns with Man City to raise their profile is valid, is a different argument.
Without going into the political thread, you make mention of a tory donor. Surely the same could be said about Blairs son, about to become a multi millionaire on the back of daddy. Money always gets more money.
The second point, capitalism says that someone invests time and effort into something to become rich. The fact an Italian company sold it to a company from Abu Dhabi is just business. I do not see any problem with the deal.
 
Technically correct, although Raith as a location did exist in olden times. I might add that I've lived here for over 30 years :)
My sister's house backed on to the Raith Estate ( in fact the land her house was built on was originally owned by the Raith Estate) ,so it is an actual place,but is made up of miles and miles of fields and woodlands etc.
 
I remember that guy walking with the police in front of me at OT in 1977.
It looked worse than it was,with the dart hanging from his head and part covered by his afro curls.
The photo was included in the Guv'nors book, by Mickey Francis.
The laugh of that was you could have simply pulled it out of his head. He wasn't going to bleed to death ffs.
 
Without going into the political thread, you make mention of a tory donor. Surely the same could be said about Blairs son, about to become a multi millionaire on the back of daddy. Money always gets more money.
The second point, capitalism says that someone invests time and effort into something to become rich. The fact an Italian company sold it to a company from Abu Dhabi is just business. I do not see any problem with the deal.
I was suggesting that the person who tweeted originally hadn't made any kind of racist comment - his concern is private companies making money out of children's care homes. He called out the Tory donor who had links with the Tory party, and seems to regularly post about all private care providers, no matter where they're from. The political angle is that the Tories are in govt, and are seen as encouraging their "friends" to make money from taxpayer funded services.

The issue that is more of a concern with Abu Dhabi wasn't that it was them instead of Italians, it was that the Abu Dhabi owners are considered a sovereign wealth fund, and I think he's suggesting that if other countries leaders see our care services as a way to make money, that's a step beyond even private companies making money off kids in care.
 
Jack was probably one of the better players tonight, that isn't really a compliment. But the usual anti city agenda calls him out


 
I know that, lived near Glasgow for many years, I was sarcastically quoting the very famous piece of commentary after Raith won a big game, many years ago.
Ah yes, I'd forgotten all about that quote,so please accept my apology.
On a slightly different note,my all time Scottish football quote is -
" East Fife 5
Forfar 4 ".
I think it was on Sports Report in the 1970s/80s but I' m not sure who said it.
(Unless it was James Alexander Gordon,as he did all the football scores on radio in those days).
 
Ah yes, I'd forgotten all about that quote,so please accept my apology.
On a slightly different note,my all time Scottish football quote is -
" East Fife 5
Forfar 4 ".
I think it was on Sports Report in the 1970s/80s but I' m not sure who said it.
(Unless it was James Alexander Gordon,as he did all the football scores on radio in those days).
 
Compare this article to the articles the BBC wrote about City, Der Speigel, and FFP.

A US judge has dismissed a rape allegation lawsuit against Cristiano Ronaldo because the accuser's lawyer relied on leaked and stolen records.

It followed a 2017 article in German magazine Der Spiegel


 
Without going into the political thread, you make mention of a tory donor. Surely the same could be said about Blairs son, about to become a multi millionaire on the back of daddy. Money always gets more money.
The second point, capitalism says that someone invests time and effort into something to become rich. The fact an Italian company sold it to a company from Abu Dhabi is just business. I do not see any problem with the deal.

There is no problem, unless you see owners from the Middle-East as a problem, of course.

Venture capitalists from Europe and America looking for quick returns, good, sovereign wealth funds from Middle East looking at the long-term, bad. Yep, that's a problem .....

I am guessing the whole thing will be better run now.
 
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