Annual report 2012/13 released (merged)

Whilst Arsenal and Chelsea seem to be sleeping on the commercial job, the RAGs are still doing lots of commercial stuff. Will be a tricky one to catch them anytime soon.

Mind you with Moyes, anything is possible.
 
john@staustell said:
Whilst Arsenal and Chelsea seem to be sleeping on the commercial job, the RAGs are still doing lots of commercial stuff. Will be a tricky one to catch them anytime soon.

Mind you with Moyes, anything is possible.

Without CL they are swimming against the tide.

They were chuffed as could be at the thought of their kit deal being up for a real battle between Adidas and Nike, now they apparently dont want to give 50% discount when not in the CL.

I wonder how many other deals will fall by that amount?
 
blueparrot said:
ColinLee said:
BoyBlue_1985 said:
PSG were well ahead of us in 5th place. Wasn't it something like $90 million, cant see us making up that defecit in 1 year especially as they will sign more deals as well

PSG's included (presumably, I've not seen their accounts) that massive ever so slightly dodgy influx which included a backdated element. If that boosted the last accounts it's a one off and they should be lower next accounting period.
If we achieve the £330m total then we should leapfrog PSG next year and with the rags lower income from no Europe next season with the loss of sponsorship bonuses and TV rights as well then we could jump over them the following year.

1. Real Madrid £444.7m
2. Barcelona £413.6m
3. Bayern Munich £369.6m
4. Manchester Utd £363.2m
5. Paris Saint-Germain £341.8m
6. Manchester City £271m
7. Chelsea £260m
8. Arsenal £243.6m
9. Juventus £233.5m
10. AC Milan £225.8m

Thats quite a small gap between PSG and 3rd and 4th. If we are expexting to get above PSG we won't be far off hunting down Bayern and rags, especially the way they are heading.
PSG's seems to include €125m (£103m) backdated from the Qatar Tourist Authority deal so would be a one off input although it's difficult to be sure since French law allows companies to pay a small fine rather than publish their accounts. If so their next accounts could be circa €100m less next year.
 
There are a couple of reports today that Qatar have approached Beckham about his Miami venture.

Miami PSG, anyone?

Makes sense as Beckham got pally with them when he signed for Paris.

Seems City might have created the template that others will try to follow.
 
tolmie's hairdoo said:
There are a couple of reports today that Qatar have approached Beckham about his Miami venture.

Miami PSG, anyone?

Makes sense as Beckham got pally with them when he signed for Paris.

Seems City might have created the template that others will try to follow.

Its obvious that Beckham simply stumped up the cash as he had a cheap option guaranteed in his MLS deal.

Soon we will be hearing about how he has partnered with people with vision, proper football people yadayada.
 
tolmie's hairdoo said:
There are a couple of reports today that Qatar have approached Beckham about his Miami venture.

Miami PSG, anyone?

Makes sense as Beckham got pally with them when he signed for Paris.

Seems City might have created the template that others will try to follow.

Indeed. As this about Kroenke looking for an LA franchise to create 'LA Gunners' might also suggest: <a class="postlink" href="http://prosoccertalk.nbcsports.com/2014/02/06/rumor-arsenal-owner-stan-kroenke-to-create-mls-side-la-gunners/" onclick="window.open(this.href);return false;">http://prosoccertalk.nbcsports.com/2014 ... a-gunners/</a>

Rumor: Arsenal owner Stan Kroenke to create MLS side “LA Gunners”

Mike Prindiville
Feb 6, 2014, 10:36 AM EST

With Stan Kroenke’s recent purchase of a choice 60 acre plot of land in downtown Los Angeles, reports from Britain claim the Arsenal chief shareholder is set to create a sister team in Major League Soccer called the LA Gunners.

Straight off these “reports” should be qualified as coming from the notoriously unreliable Metro, via the notoriously unreliable Sun.

The theory is as follows – just before this year’s Super Bowl Kroenke purchased a parking lot sized space located between Hollywood Park and the Los Angeles Forum. Such prime real estate, combined with the fact that the stadium lease for the St. Louis Rams (who Kroenke owns) ends after the 2014 season, had the LA Times making the logical connection that the land could “potentially could be used for an NFL stadium.”

The foreseeability of Kroenke using the land to establish a new MLS side in LA, as the British tabloids would like us to believe, is considerably low for two main reasons. First, there are already two MLS clubs in the city, making three a crowd. Second, MLS has recently announced the expansion of the league to include New York City Football Club, Orlando City and David Beckham’s Miami club. Adding a fourth expansion side in such close temporal proximity would feel a bit aggressive and even if it gets down, Atlanta is currently the favorite to win that race.

Given these reasons – as well as the lack of quotes from anyone in Kroenke’s camp revealing even a mild interest in setting up a sister side in MLS – it’s highly likely the LA Gunner rumor is mere journalistic creativity of someone at the Sun connecting the dots and someone at the Metro getting on board. Quintessential British footy tabloid stuff.

Yet despite the barriers to entry and the story being pie in the sky, Kroenke setting up a sister club in LA is at least a possibility considering the rise of sister clubs (read: Manchester City’s plan for world domination) in burgeoning soccer markets.

But what about the practical issues at hand?

Chivas USA is the blight of MLS, a disgracefully run organization in dire need of a change of ownership. If Kroenke could work out a deal to purchase the club, this would overcome both the three-teams-in-LA issue and the expansion predicament.

Another option would be for Kroenke to rebrand the Colorado Rapids, his current stake in MLS, into the LA Gunners. Doing so, however, would fail to address the three-teams-in-LA issue all the while pissing off an important base of MLS supporters. A definitively less likely possibility

So for now the LA Gunners story should be taken with a grain of salt. Pure rumor. Speculation. Tea leaves. But discredit the rumor at your own peril because in the current wheeling-and-dealing world of MLS anything is possible.

Of course, the difference between our chaps and someone like Kroenke is that, if they're convinced of the viability of a venture, they have access to as much cash as they need to make it work and can afford to look at returns over a much longer period. He'd be beholden to commercial investors who'd expect a much quicker return or commercial lenders whose involvement means that quicker returns are needed so that they can be paid back. This gives our chaps a big, big advantage in terms of the ability to create something really impressive. (Of course, PSG's owners are in the same boat as ours if they go for Miami Saint-Germain or whatever).

The same factor also explains why other clubs, PSG apart, have limited scope for do something similar to what we will be over the next few years in terms of developing the areas around their stadium - even if they had the land. Revenue from this kind of thing, of course, is specifically permitted under FFP.
 
Prestwich_Blue said:
bugsyblue said:
moomba said:
I thought MCFC owned NYCFC and Melbourne Heart. But the above suggests the City Football Group (or Mansour) owns all three.

Have I got that wrong?

As far as I'm aware, yes he does own all three. We sell our intellectual property rights (I believe, but this may be the wrong terminology) to NYCFC and Melbourne for large sums. This is basically because they are linked with us and as we are a global brand, being linked with us gives them huge exposure, and in exchange for this we receive money. As all the brands grow I imagine this partnership will procure more money. However if NYCFC was ever sold, say for £200m, then this money would go to Mansour, not city.
We sold the IP rights to two group companies, City Football Marketing and City Football Services, which are part of the new structure. We couldn't have sold anything to Melbourne in 2012/13 as we didn't buy in until recently.

CFM I assume is our new commercial marketing arm with its plush new office near Euston and CFS is probably the centralised scouting and technical company. The sales could simply be the contracts of the employees, although I suspect there's more in there.

What I dont understand is that the £51.6m loss is bang in line with the predicted loss that had been trailed by the club for a few months. But the sale of IP rights seems to have taken place right at the death. Obviously the Mancini + staff pay outs were also last minute. Does that mean that the Mancini payouts were of the same magnitude as the IP rights (which seems excessive) or were there other variances?
 
cibaman said:
What I dont understand is that the £51.6m loss is bang in line with the predicted loss that had been trailed by the club for a few months. But the sale of IP rights seems to have taken place right at the death. Obviously the Mancini + staff pay outs were also last minute. Does that mean that the Mancini payouts were of the same magnitude as the IP rights (which seems excessive) or were there other variances?
We don't really know what the payoffs were but it seems it might have been around £30m and the IP stuff was £47m. So when the club were trailing a loss of £50m about a year ago then the IP sales would have been part of that.
 
Prestwich_Blue said:
cibaman said:
What I dont understand is that the £51.6m loss is bang in line with the predicted loss that had been trailed by the club for a few months. But the sale of IP rights seems to have taken place right at the death. Obviously the Mancini + staff pay outs were also last minute. Does that mean that the Mancini payouts were of the same magnitude as the IP rights (which seems excessive) or were there other variances?
We don't really know what the payoffs were but it seems it might have been around £30m and the IP stuff was £47m. So when the club were trailing a loss of £50m about a year ago then the IP sales would have been part of that.

Thanks

So, if both are one offs, we need to bring in or save an extra £65-70m this season to break even?
 
PB. Will reply tomorrow.

This coming from a club that still has debts of £660mill, is registeted in the Cayman Islands for tax purposes, has sold 10% of the club off on the NYSE, and has whored tbe club around the World to any sponsor who will sponsor the club to service their debt and interest payments.

Mark my words, and as others have stated on here, these cunts will try any trick in the UEFA FFPR book to get United back into next seasons Champions League.

From the Daily Fail.(look at the pictures these c***'s have used in the article)

United waiting to see how UEFA deals with clubs breaching FFP... as City work to break even this season

<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-2557890/Manchester-United-waiting-UEFA-deals-clubs-breaching-FFP-City-work-break-season.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... eason.html</a>
 
cibaman said:
Prestwich_Blue said:
cibaman said:
What I dont understand is that the £51.6m loss is bang in line with the predicted loss that had been trailed by the club for a few months. But the sale of IP rights seems to have taken place right at the death. Obviously the Mancini + staff pay outs were also last minute. Does that mean that the Mancini payouts were of the same magnitude as the IP rights (which seems excessive) or were there other variances?
We don't really know what the payoffs were but it seems it might have been around £30m and the IP stuff was £47m. So when the club were trailing a loss of £50m about a year ago then the IP sales would have been part of that.

Thanks

So, if both are one offs, we need to bring in or save an extra £65-70m this season to break even?
£40m from domestic TV thanks to the new BT deal, possibly another £7-8 from the CL, £8m lower amortisation and possibly £10m off the wage bill.
 
jrb said:
PB. Will reply tomorrow.

This coming from a club that still has debts of £660mill, is registeted in the Cayman Islands for tax purposes, has sold 10% of the club off on the NYSE, and has whored tbe club around the World to any sponsor who will sponsor the club to service their debt and interest payments.

Mark my words, and as others have stated on here, these cunts will try any trick in the UEFA FFPR book to get United back into next seasons Champions League.

From the Daily Fail.(look at the pictures these c***'s have used in the article)

United waiting to see how UEFA deals with clubs breaching FFP... as City work to break even this season

<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-2557890/Manchester-United-waiting-UEFA-deals-clubs-breaching-FFP-City-work-break-season.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... eason.html</a>

If the shite finish outside the top 4 and still appear in next seasons Champions League, the entire credibility of the competition will be blown to pieces.

There have been seasons in the past where Milan and Juve have missed out, when they were both huge draws on the European stage. UEFA have to put the credibility of the competition before a few extra Euro's in sponsorship money.
 
JoeMercer'sWay said:
Miami Saint-Germain could suffer as a brand, because ask any American what MSG means and they'll all say Madison Square Garden.

It would also make little sense, since Saint-Germain is not a club suffix but the area of Paris that PSG come from. It would be like having a team called London Islington F.C. which then created an MLS club called Seattle Islington F.C.
 
Prestwich_Blue said:
And ADUG is not just City to the best of my knowledge but is Sheikh Mansour's private investment vehicle.

Indeed it is. Lots of fingers in lots of pies.
 
jrb said:
PB. Will reply tomorrow.

This coming from a club that still has debts of £660mill, is registeted in the Cayman Islands for tax purposes, has sold 10% of the club off on the NYSE, and has whored tbe club around the World to any sponsor who will sponsor the club to service their debt and interest payments.

Mark my words, and as others have stated on here, these cunts will try any trick in the UEFA FFPR book to get United back into next seasons Champions League.

From the Daily Fail.(look at the pictures these c***'s have used in the article)

United waiting to see how UEFA deals with clubs breaching FFP... as City work to break even this season

<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-2557890/Manchester-United-waiting-UEFA-deals-clubs-breaching-FFP-City-work-break-season.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... eason.html</a>


its irrelevant for these fuckers, they won't even get fifth place
 
Falastur said:
JoeMercer'sWay said:
Miami Saint-Germain could suffer as a brand, because ask any American what MSG means and they'll all say Madison Square Garden.

It would also make little sense, since Saint-Germain is not a club suffix but the area of Paris that PSG come from. It would be like having a team called London Islington F.C. which then created an MLS club called Seattle Islington F.C.

Saint Germain is a religious cult in America & also the name of a bakery in Miami
 
Shaelumstash said:
jrb said:
PB. Will reply tomorrow.

This coming from a club that still has debts of £660mill, is registeted in the Cayman Islands for tax purposes, has sold 10% of the club off on the NYSE, and has whored tbe club around the World to any sponsor who will sponsor the club to service their debt and interest payments.

Mark my words, and as others have stated on here, these cunts will try any trick in the UEFA FFPR book to get United back into next seasons Champions League.

From the Daily Fail.(look at the pictures these c***'s have used in the article)

United waiting to see how UEFA deals with clubs breaching FFP... as City work to break even this season

<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-2557890/Manchester-United-waiting-UEFA-deals-clubs-breaching-FFP-City-work-break-season.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... eason.html</a>

If the shite finish outside the top 4 and still appear in next seasons Champions League, the entire credibility of the competition will be blown to pieces.

There have been seasons in the past where Milan and Juve have missed out, when they were both huge draws on the European stage. UEFA have to put the credibility of the competition before a few extra Euro's in sponsorship money.

Wan`t it the Mail who reported the same shit last week ?? Why the fuck do you let it bother you mate.It wont happen,never in my life time. ;)
 

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