Fuck what they think, they're obviously going to have negative views on all things Manchester City just as we do with them.mrn1981 said:Sorry if already posted.
Got to laugh at that them really.
<a class="postlink" href="http://www.redcafe.net/f7/manchester-city-announce-biggest-ever-loss-english-football-343697/" onclick="window.open(this.href);return false;">http://www.redcafe.net/f7/manchester-ci ... ll-343697/</a>
iggy1966 said:Caught the last 5 minutes of the interview on SSN, The financial expert was asked how it compared to Chelski's investment- Stated it was a similar accelerated investment but thought we were a more impressive set up, talked about the redevelopment of the site around the ground. Then in financial terms we could become one of the top 2 or in fact the number 1 club in the country.
He was asked about FFP- responded by saying what the figures told him and and reading between the lines the club had planned for theses losses and to be within the FFP guidelines inside 3 years, he was impressed with the very strong growth in the revenues, overall growth of 20% year on year and commercial revenues grown by 50% and this tells him the club know what they are doing.
The SSN presenter tries to say the club were putting out spin on the losses but the guy responded by saying it was not spin and you could see that the club knew what they were doing and have planned this in a very intelligent way, He thought the club would have a 3 year profit/loss forecast which would have the club within the FFP guideline and if he was in there shoes he would be very encouraged where the club have got to, so far and for the future by the rate of growth and revenues
At this point SSN decided to end the interview, i wonder way
Rammy Blue said:iggy1966 said:Caught the last 5 minutes of the interview on SSN, The financial expert was asked how it compared to Chelski's investment- Stated it was a similar accelerated investment but thought we were a more impressive set up, talked about the redevelopment of the site around the ground. Then in financial terms we could become one of the top 2 or in fact the number 1 club in the country.
He was asked about FFP- responded by saying what the figures told him and and reading between the lines the club had planned for theses losses and to be within the FFP guidelines inside 3 years, he was impressed with the very strong growth in the revenues, overall growth of 20% year on year and commercial revenues grown by 50% and this tells him the club know what they are doing.
The SSN presenter tries to say the club were putting out spin on the losses but the guy responded by saying it was not spin and you could see that the club knew what they were doing and have planned this in a very intelligent way, He thought the club would have a 3 year profit/loss forecast which would have the club within the FFP guideline and if he was in there shoes he would be very encouraged where the club have got to, so far and for the future by the rate of growth and revenues
At this point SSN decided to end the interview, i wonder way
Cheers for the summary, sure we won't see the guy on SSN ever again...