Annual Report - 2019/20

Pablo1

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1 Aug 2011
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17,070
If the big boss man says there’s nothing to be concerned about then that’s good enough for me. He hasn’t let us down yet.
 

Pablo ZZZ Peroni

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19 May 2014
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That's a good point. At the year end we were still in the FA Cup and CL, and still could have theoretically won the league (albeit that was unlikely). So it's entirely possible that we paid, or at least provided for, bonuses for progressing in or even winning those competitions.

The accounts were signed in March 2021 so the liabilities would have been reviewed at closer to that date. They would not have taken into account bonuses for competitions that we now know we didn't win.

I'm repeating myself from earlier posts but from Page 33 of the Financial Report (see below) it looks like they DID take into account player bonuses based on an assessment of probable player bonuses as at the year end 30th June. This surely has to partially account for the increase in wages particularly if it was an optimistic view relating to Champions League progression.



PLAYER BONUSES
Delays to the completion of the 2019-20 Premier League season, UEFA Champions League
and domestic cup competitions due to COVID-19 meant that an assessment was made,
on a player by player basis, as to whether it was probable that individual player bonuses
would be due and therefore should be accrued in the financial year. All information available
to management on 30 June 2020 was considered when making this assessment.
 

warringtonblue

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7 Nov 2010
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1,268
Pointless even discussing or speculating, just have a look at the city thread on RAWK, they know what every deal is worth and what every player earns, its hilarious
 

decmancity

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7 Nov 2010
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7,784
Pointless even discussing or speculating, just have a look at the city thread on RAWK, they know what every deal is worth and what every player earns, its hilarious
Amazing how many forensic accountants they have registered to that forum. Also, are they still not bothered by us?
 

Colin Bells Boots

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31 May 2016
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Manchester City
Just like the Caf where the comments about KDB new contract are all about 2nd wages off the books.

Just explain that his 2nd wages are paid through an account in the Cayman Islands - the cunts should know all about those sorts of things.
 

city saint

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17 Jan 2009
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4,443
Mentioned a lot, of course it’s nonsense because if it was true those running the club would make the required changes , because they aren’t idiots. Unless you think we turn down the bigger offers for a laugh and sell cheap.
our main players who would bring big money all stay 10 years so we only sell fringe players normally
 

remember arthur mann

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30 Aug 2009
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18,218
Location
Newton Upon The Heath


Not worried, Jordan mentioned post report no problems for City, we'll just see Sheikhy to bail us out.
 

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