2022/2023 Accounts - Record Revenues & Profit - Annual Report

[City Raider]

They just can’t comprehend it. We are beating them in practically every definition they invented of what a big club is. The only thing left is that their stadium has more seats but they’re all wet.

 

[ArniArason]

Something dodgy going on at the swamp which needs investigating.

Nothing to see there, move on

 

[cookster]

Good info about the match day memberships. When Danny and Roel have met with Supporters Clubs / the OSC, they have suggested that more Matchday memberships, plus seats to be sold in the soon to be virtual stadium, helps with keeping ticket prices down for the lesser profile games and helps with season ticket prices too. Hard to know if that’s true but the increasing number of Matchday members helps to ensure individual tickets are sold and demand for season cards remains high.

WTF is the virtual stadium?
Sure I got an email to participate but ignored it.

 

[KS55]

50% but I thought the JV with Oakview Group was CFG not MCFC.

CFG builds on Etihad Campus commitment with Co-op Live investment - Inside World Football

May 25 – City Football Group (CFG), owner of Manchester City, has become an equal partner and investor in the development of Co-op Live, the new sports and entertainment venue being built on the Etihad Campus in Manchester, next door to the home of CFG’s flagship club. The investment in the £350...

www.insideworldfootball.com

I’m still not really clear on who owns what.

 

[cookster]

You have to laugh at the way rival fans respond to our accounts, every single year. I doubt any club in the world has more closely scrutinised financial results than us, yet they are convinced that we are cooking the books to the tune of hundreds of millions of pounds. They're deranged. They seem unable to accept that the most successful team of the last decade, in the world's wealthiest league, will of course generate a lot of revenue.

If only it was deranged fans.
Many half respectable journalists aren't able to put bias to one side and go full flat earth.

 

[AlexWilliamsGloves]

WTF is the virtual stadium?
Sure I got an email to participate but ignored it.

I asked that earlier, and have since looked it up. It seems we, along with Sony, are developing our space in the Metaverse....one aspect of this is the potential to watch live games "virtually"...from any seat in the stadium...as well as many other VR/AR things to interact with

TBH, i was very sceptical...and its probably not of interest to the "normal" everyday, match going supporter....but the possibilities are HUGE...and largely aimed at the younger, new generation of fans across the world...tickets for virtual games would mean you wouldnt be restricted by the capacity of the stadium.

Manchester City Reimagines Football in the Metaverse

Attend live matches and meet your heroes all without leaving your home.

www.beyondgames.biz

 

[Churchlawtonblue]

You have to laugh at the way rival fans respond to our accounts, every single year. I doubt any club in the world has more closely scrutinised financial results than us, yet they are convinced that we are cooking the books to the tune of hundreds of millions of pounds. They're deranged. They seem unable to accept that the most successful team of the last decade, in the world's wealthiest league, will of course generate a lot of revenue.

Bingo.

 

[Bournemouth Blue]

A well-run business, and club, on and off the field. I would be surprised if the allegations stick, maybe there might be a small penalty at worst, but the fact that City repeatedly state they have irrefutable evidence against the charges by the EPL gives me some confidence that press hacks like Sam Wallace are just click-baiting. If you delve into any other successful enterprise across the globe, there will be some connection with potentially dodgy business somewhere up the chain. The FFP was brought in because the cartel felt threatened, United’s double Glazers ripped them off, which for me should be a bigger concern for the EPL than what City have done.

 

[SilverFox2]

If only it was deranged fans.
Many half respectable journalists aren't able to put bias to one side and go full flat earth.

Being unable to understand how profit is generated reminds me of the old saying regarding any sector of industry / business..

"If your business is going to be judged by accountants it would be wise to start thinking like an accountant"

Or words to that effect.

 

[BongoBlue]

I'm worried about him. I hope he"s OK? Nothing posted on X(Twitter) by him.yet.

View attachment 98811

View attachment 98810

Maybe he's still in discussion with Harris and the other WhatsApp group members?

Is that Rick Astley? ;)

 

[nmc]

If only it was deranged fans.
Many half respectable journalists aren't able to put bias to one side and go full flat earth.

Journalists (I use the term very loosely) working for high profile newspapers who seem to think City have yet again filed a set of fraudulent accounts…. None of them stop to question why independent auditors or the HMRC don’t seem to have any issue with our accounts…. Utter fuckwits the lot of them, stealing a living spouting bias and bitterness.

 

[Pontypool Blue]

Is that Rick Astley? ;)

he's never gonna stop!

 

[JASR]

The only thing left is that their stadium has more seats but they’re all wet.

And designed for midgets from the 60's

 

[Palerider]

There's nothing like success to piss people off. As a business, the club has spent , what, 1 billion to generate a club worth 3 to 4 billion? The legacy teams all look like boring old farts sat in front of a fire telling stories of days past and are wondering why they are losing fans.

 

[KingGeorge]

I love the way Sheikh Mansour is described in Khaldoon's report as "custodian" of the club, not as the "owner".

Yeah, that is pretty funny. It makes it sound like he is appointed by the court to steer the club through a bankruptcy proceeding.

 

[KingGeorge]

Some of the random stuff is interesting:

Retail Sales up by a whopping 85%.

I imagine Haaland jersey sales are a chunk of that. Buying Superstars pays off.

 

[Dribble]

Not to split hairs, but wasn’t a trade deal, it was a ‘memorandum of understanding’ which is really not even worth the paper it’s written on.
It is a tragic attempt by this govt, and particularly the ludicrous badenoch to demonstrate how we are free to sign ’trade deals’ now we have brexit.
They even used the total GDP of Florida to try and inflate the size of the so-called deal’s potential.

Kemi Baddenoch even claimed the new CPTPP Trade Deal was valued at £11Trn.

She added the GDP of the 12 CPTPP countries together to reach that figure & claimed it as another Brexit benefit.

It's valued at £8bn over the next 10 years to the UK economy, as opposed to the £130bn we're losing annually being outside the EU. 乁⁠(⁠ ⁠•⁠_⁠•⁠ ⁠)⁠ㄏ

We already had trade deals with these countries anyway, as opposed to City & Silverlake's hook up genuinely giving both companies access to new markets & contacts they didn't have previously, & otherwise probably would never have had.

Business-wise, City are on another level. This is the vision Ferran Soriano had for Barça. They didn't share the vision & were too riven in internal warfare to see the game-changing plans being proposed.

Hopefully City fans appreciate how lucky we are to have Soriano & Khaldoon in synergy & in charge of City. )(

 

[waspish]

I asked that earlier, and have since looked it up. It seems we, along with Sony, are developing our space in the Metaverse....one aspect of this is the potential to watch live games "virtually"...from any seat in the stadium...as well as many other VR/AR things to interact with

TBH, i was very sceptical...and its probably not of interest to the "normal" everyday, match going supporter....but the possibilities are HUGE...and largely aimed at the younger, new generation of fans across the world...tickets for virtual games would mean you wouldnt be restricted by the capacity of the stadium.

Manchester City Reimagines Football in the Metaverse

Attend live matches and meet your heroes all without leaving your home.

www.beyondgames.biz

They'll make a fortune in selling the "package" needed to go virtual live football..

 

[Bluesince1979]

Imagine the meltdown in the tar pits of Mount Rawk when the denizens hear the news. Might have a wander over there for a laugh later on.

Ive never dared to head over. I rely on soldiers like you doing the hard yards and posting the nest bits on here

 

[Palerider]

A well-run business, and club, on and off the field. I would be surprised if the allegations stick, maybe there might be a small penalty at worst, but the fact that City repeatedly state they have irrefutable evidence against the charges by the EPL gives me some confidence that press hacks like Sam Wallace are just click-baiting. If you delve into any other successful enterprise across the globe, there will be some connection with potentially dodgy business somewhere up the chain. The FFP was brought in because the cartel felt threatened, United’s double Glazers ripped them off, which for me should be a bigger concern for the EPL than what City have done.

My belief also, a small fine for minor financial indiscretions but nothing that other multi billion businesses (or governments) do not do either deliberately or accidentally.