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

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.
 
50% but I thought the JV with Oakview Group was CFG not MCFC.
I’m still not really clear on who owns what.
 
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.
 
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.

 
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.
 
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.
 
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.
 

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