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Chinese Consortium invests $400m in CFG
- Thread starter Marvin
- Start date
blueyorkie
Well-Known Member
Whichever spin we put on it, HRH is no longer the sole owner of mcfc, a few more deals like this and he won't even own half, on a business level it appears good news but why did we need outside investment, for eg could we not have bought into them.
Wrong, HRH has sold 13% or his shareholding in the Cit Football Group, not in MCFC
manimanc
Well-Known Member
Ha ha no worries pal.Aw shucks !
Cheers Blue !
I'm surprised they haven't banned you for talking sense.
Weird fuckin bunch on ragcafe..very touchy.
Keep up the good work.
It's a carling cup game mate against championship opposition. This deal could potentially have a huge impact on City
Yes... the investment is massive news, for the CFG, which in turn will no doubt have a positive effect on City... but to be honest I will never support or follow any part of the CFG other than City! And, I hate this 'only the League Cup' mentality! There are 4 trophies to play for each season... sometimes possibly only 3! To me and most true / match-going blues that I know, The League Cup is just as important as the rest. The day it isn't seen as such, is the day we become no better that Arsenal and Rag fans!
IanBishopsHaircut
Well-Known Member
Wrong, HRH has sold 13% or his shareholding in the Cit Football Group, not in MCFC
It's been explained by the more astute posters on here and I'm afraid it is you who are wrong
Not that it's a bad thing
blueparrot
Well-Known Member
- Joined
- 7 Jun 2012
- Messages
- 33,454
As Garry Cook said we would, he , not looking quite so silly now.Beautiful scenes.
We now control the platform with every commercial deal we make from this day forward, based on the valuation now put on the CFG.
I don't think anyone can comprehend the levels of sponsorship money which will now flood directly into club coffers, Chinese, or otherwise.
Our rivals tap up companies.
We tap up countries.
That's the difference.
Think about the possibilities for the leisure destination, the building of more Real Estate, and the ease of which someone like Lionel Messi could have his wages pretty much covered by a Chinese link-up.
We became the biggest football club in the world today.
Tricky_Trev
Well-Known Member
- Joined
- 18 Jan 2009
- Messages
- 33,247
Said many times recently, City are on a huge drive to position ourselves nicely in China as football there is about to boom. Huge market full of people with disposable income. And we want them to dispose of it in our direction! :) They are investing massively in all levels of the sport and aim to win the World Cup in the 2030's.
remember arthur mann
Well-Known Member
That's why they all leave early !!! Checking their Stocks and Shares !Yes... the investment is massive news, for the CFG, which in turn will no doubt have a positive effect on City... but to be honest I will never support or follow any part of the CFG other than City! And, I hate this 'only the League Cup' mentality! There are 4 trophies to play for each season... sometimes possibly only 3! To me and most true / match-going blues that I know, The League Cup is just as important as the rest. The day it isn't seen as such, is the day we become no better that Arsenal and Rag fans!
manimanc
Well-Known Member
Without sounding sarcastic I think you'd better zip it pal.Might be slightly off-topic, but the number of posts in this thread compared to the number of posts in TODAY'S match thread, seems to demonstrate that more of our fan's (and modern fans in general) are interested in the business of football, than actual football itself! Sad Times! CTID
It's only just past dinner time, this news pisses on everything at the moment so far today. 5 he match thread will start moving later.
Seeing as I'm feeling a bit bolshy I'd even go as far as saying your comment comes across a bit ragging. ....what do you reckon? ?
bluemoon98
Well-Known Member
can see Guardiola coming here with a nice big transfer kitty and then teaming up once again with Messi.
:) :)
:) :)
Hamann Pineapple
Well-Known Member
Just need to get India on board now then start on the other planets
IanBishopsHaircut
Well-Known Member
Just need to get India on board now then start on the other planets
I think you're onto something...zero gravity training must be beneficial
Didsbury Dave
Well-Known Member
- Joined
- 1 Feb 2007
- Messages
- 39,236
Wrong, HRH has sold 13% or his shareholding in the Cit Football Group, not in MCFC
Oh god, can people STOP SAYING THIS!!!!!!!
manimanc
Well-Known Member
Ickle old citeh......nobody knows our name.Just need to get India on board now then start on the other planets
SuperSilva
Well-Known Member
It's interesting that none of our ITKs even had a sniff of this
Ric did
Dribble
Well-Known Member
Wow, all in the space of 7 years! The team who run CFG are just on another level altogether.That's just based on City's accounts, not CFG. The MMM uses stadium utilisation & wage/turnover ratios as part of its calculation so you can only really apply it at club level. I'd guess City represents the vast majority of the CFG value though.
The calculation is as follows for anyone interested:
(Revenue + Net Assets) * ((Net Profit + Revenue)/Revenue) * Stadium utilisation % / Wage-to-turnover ratio
Revenue was £352m
Net Assets were £753m
Net Profit was £11m
Stadium utilisation was 98%
Wage-to-turnover ratio was 55%
So (with all figures in £m) that's (352+753) * ((11+352)/352) which gives 1140.
1140 * .98 = 1117
1117/.55 = 2030, meaning our MMM value is £2.03bn
Sale of a 13% stake for £265m gives a total value of £2.04bn.
As I just said the another Rag, I bet you wish you'd just left us the fuck alone, look at tje global monster you've created! :-)
Thanks for the clarification btw.
gordondaviesmoustache
Well-Known Member
You said you wouldn't tell anyone :-/It has been kept under wraps pretty well, but don't know if you remember this from the Pogba thread over summer:
Everyone assumed it was related to Pogba, but someone on here PM'd this at the time:
Obviously I'm not claiming to be ITK, but he most certainly is.
flb
Well-Known Member
Beautiful scenes.
We now control the platform with every commercial deal we make from this day forward, based on the valuation now put on the CFG.
I don't think anyone can comprehend the levels of sponsorship money which will now flood directly into club coffers, Chinese, or otherwise.
Our rivals tap up companies.
We tap up countries.
That's the difference.
Think about the possibilities for the leisure destination, the building of more Real Estate, and the ease of which someone like Lionel Messi could have his wages pretty much covered by a Chinese link-up.
We became the biggest football club in the world today.
I feel all moist after reading that
Without sounding sarcastic I think you'd better zip it pal.
It's only just past dinner time, this news pisses on everything at the moment so far today. 5 he match thread will start moving later.
Seeing as I'm feeling a bit bolshy I'd even go as far as saying your comment comes across a bit ragging. ....what do you reckon? ?
Won't happen, thankfully.Just need to get India on board now then start on the other planets
Seeing as I'm feeling a bit bolshy I'd even go as far as saying your comment comes across a bit ragging. ....what do you reckon? ?
Yes, I must be a Rag, because I have an opinion on something, that is slightly different than your own!.... Idiot!