Chinese Consortium invests $400m in CFG

[Prestwich_Blue]

TBH I just used the last line version to calculate $3bn.

MMM shows a high level of correlation between theoretical values and achieved sales, whereas things like Deloitte Rich List only looks at revenue and Forbes (which seems to use the Enterprise Value metric) doesn't show such a high correlation. Simoly speaking EV uses debt as a positive, which adds to value, whereas MMM treats it as a negative, meaning the Forbes valuation of heavily leveraged or indebted clubs tends to be significantly higher than the MMM one.

Interestingly, Tom Markham valued us at just under £1bn based on last year's accounts but I think he excluded the stadium, which he claims is rented and that we aren't responsible for the upkeep of. While he's right that we don't own it, we operate it via a finance lease rather than rent it, which effectively gives us the benefits and risks associated with ownership.

 

[manimanc]

Yes, I must be a Rag, because I have an opinion on something, that is slightly different than your own!.... Idiot!

Was just being honest pal.
Your response sounded like it came from a rival fan jealous of us.
Wasn't expecting your post and it sounded like you was trying to cause a reaction and it did from me.

 

[BringBackSwales]

I think it's pretty clear to anyone who has watched NYCFC play that the ambition of the CFG is huge and that all these clubs will grow and develop. MCFC will be one part of this but if income, support etc in NYCFC or elsewhere eclipses MCFC then that club would be potentially more significant to the global business. However, the PL remains the leading League in terms of income and attractiveness to overseas markets. While that scenario exists then MCFC will be the dominant force. Personally, if every part of the group grows and MCFC's income is not as great as NYCFC then I'd only worry if MCFC were failing, but my gut feel is that no matter how the global businesses grow MCFC will also continue to grow and develop. If my club was being asset stripped to fund developments in other businesses I'd worry but actually all of this is benefitting MCFC. Good time to launch a new badge of course!

Hope that doesn't mean the new badge has a big fucking wall on it Gary

 

[M18CTID]

This is from the same subject on ragcafe. Come on own up, which one of you is this?
Fantastic response has got their knickers in a right twist.
I think a few of them are having a proper meltdown.
Can't stop laughing.

I'm surprised that Barca84 can show his face on any City related thread when 2 blues completely and utterly destroyed him some months back after he tried to take the moral high ground regarding our owner and human rights, only to be exposed as a blatant hypocrite by one of those blues who rifled through his post history and found a comment relating to a rumoured Qatari takeover of United which he (Barca84) was largely supportive of! I've never seen someone disappear from a thread so quickly but I've noticed he's started to sneak back on the City threads of late spouting his usual nonsensical bullshit. This is someone who never fails to miss an opportunity to rant about empty seats yet told everyone on there last week that as long as van Gaal remains manager he isn't going to be attending any United matches. The **** should be on stage.

Anyway, talking of moral high ground this comment made me laugh - the only surprise is that it wasn't posted by Barca84:

What would bother me far, far more than that if I were a City fan is that the royal family are able to pump 1bn into a football club in Northern England, but not spare a penny to take in a single Syrian or Yemeni refugee. But Mansour's a classy guy right?

 

[dickie davies]

Do we now change the words to

"City's going down with £2.25 billion in the bank"

 

[M18CTID]

Haha, SSN soon got rid of that expert who said this is brilliant for City.

To the agenda thread!!! >>>>>>>>>>>>>>>>>>>>>>>>>>>

 

[Yates]

How mad is that though, Mansour has sold 13% and it's more than what he paid for Man City back in 2008. The Utd fans in denial can't deny that fact.

 

[mat]

Interesting article on Li Ruigang our new board member

http://m.scmp.com/news/hong-kong/ed...42/li-ruigang-shanghais-rising-media-star-set

China's Murdoch eh....

Fuck off sky in a few years then?

 

[Tishamingo Blue]

Long time lurker, only a marginal poster but the value of CFG implied by this deal is more than $3.0 billion. The Chinese have paid for a minority share of 13%, which carries less rights than a majority shareholder would have. Once you add a 'control premium' in the order of 10-30%, the real value of the 100% shareholding would be significantly higher.

 

[Tim of the Oak]

Hope that doesn't mean the new badge has a big fucking wall on it Gary

No but it will be red!!

 

[bluemoon98]

'citys going down with a trillion in the bank'

soon ;-)

 

[bluezippy]

Was just being honest pal.
Your response sounded like it came from a rival fan jealous of us.
Wasn't expecting your post and it sounded like you was trying to cause a reaction and it did from me.

Fair enough... But forums, are about differing opinions. Not everyone who disagrees with yours is a Rag... Blood 'ell, if I thought that, then everybody on here who somehow doesn't rate Kolarov would be a Rag!............... Actually, must of them probably are! :o)

 

[manimanc]

I'm surprised that Barca84 can show his face on any City related thread when 2 blues completely and utterly destroyed him some months back after he tried to take the moral high ground regarding our owner and human rights, only to be exposed as a blatant hypocrite by one of those blues who rifled through his post history and found a comment relating to a rumoured Qatari takeover of United which he (Barca84) was largely supportive of! I've never seen someone disappear from a thread so quickly but I've noticed he's started to sneak back on the City threads of late spouting his usual nonsensical bullshit. This is someone who never fails to miss an opportunity to rant about empty seats yet told everyone on there last week that as long as van Gaal remains manager he isn't going to be attending any United matches. The **** should be on stage.

Anyway, talking of moral high ground this comment made me laugh - the only surprise is that it wasn't posted by Barca84:

What would bother me far, far more than that if I were a City fan is that the royal family are able to pump 1bn into a football club in Northern England, but not spare a penny to take in a single Syrian or Yemeni refugee. But Mansour's a classy guy right?

**puts head in hands**
Fuck me......please tell me he was joking?
Jesus wept.

 

[bluezippy]

Was just being honest pal.
Your response sounded like it came from a rival fan jealous of us.
Wasn't expecting your post and it sounded like you was trying to cause a reaction and it did from me.

Fair enough... But forums, are about differing opinions. Not everyone who disagrees with yours is a Rag... Bloody 'ell, if I thought that, then everybody on here who somehow doesn't rate Kolarov would be a Rag!............... Actually, most of them probably are! :o)

 

[manimanc]

Fair enough... But forums, are about differing opinions. Not everyone who disagrees with yours is a Rag... Blood 'ell, if I thought that, then everybody on here who somehow doesn't rate Kolarov would be a Rag!............... Actually, must of them probably are! :o)

I know mate, my rag radar is too sensitive these days. I need to turn it down a few notches.

 

[M18CTID]

**puts head in hands**
Fuck me......please tell me he was joking?
Jesus wept.

Who mate, the guy who posted the bit in bold or Barca84 with his hypocritical rant about our owner?

 

[gordondaviesmoustache]

Even more reason to take the piss

Always remember Dave

This.

 

[The Fat el Hombre]

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!

Hey I'm arsed about the game mate I'm looking forward to going tonight, but this is big news hot off the press. Attention turning to this is understandable and doesn't mean people are more interested in the business than the football. It's an unfair comparison - try comparing a minor sponsorship deal with a derby game or other big game and see what the big talking point is then. This is big

 

[M18CTID]

Cuntanoid has spoken:

Why doesn't Mansour pay a load of people money to support City forever, fill their stadium and buy all their stuff perpetually? He could stop the existing ones going back to Chelsea or PSG and recruit a load more and it would look far less obvious than this skullduggery.

 

[Centurions]

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

The impact of this on the club and Manchester in general can not be overstated, there's not a hope that anyone on here can even envisage the possibilities that have opened up. And it's not like they've even finished yet.