2014/15 accounts released - £10.7m profit

How's revenue? It seems a lot lower than people were predicting? Great news about the profit though.
 
BenjaniMwaruwari said:
I'm a fucking idiot with the finance stuff. Does this mean we are playing our players less?
Click to expand...


Not necessarily, just means wages:turnover is more favourable, City's profit margins are higher than all 3 so can hypothetically pay more and still have a better ratio. I'm sure someone who knows it all will chime in and give a definitive answer though.
 
Manchester City’s financial position remains strong. The Club has net assets valued at more than £676m and continues to operate with zero financial debt.

This is what its like to be City.
 
Yates said:
Not necessarily, just means wages:turnover is more favourable, City's profit margins are higher than all 3 so can hypothetically pay more and still have a better ratio. I'm sure someone who knows it all will chime in and give a definitive answer though.
Click to expand...
Ah, alright. Cheers.
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
✖
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.