Annual report released - record turnover of £535.2m for 2018/19

Any views as to why commercial income has fallen?

Edit: Found a note in the accounts which would partly explain it:

"A reduced number of concerts held at the Etihad Stadium (2019: 5 nights; 2018: 8 nights) masks continued commercial growth in our partnerships, image rights, merchandising, and stadium tour businesses." That can only explain it in part.
 
Marvin said:
Any views as to why commercial income has fallen?

Edit: Found a note in the accounts which would partly explain it:

"A reduced number of concerts held at the Etihad Stadium (2019: 5 nights; 2018: 8 nights) masks continued commercial growth in our partnerships, image rights, merchandising, and stadium tour businesses." That can only explain it in part.
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The beer is getting worse
 
So did City really have to put our Seasoncards up by £30 again?

Was that £1.5m or however much it was really worth pissing everyone off and seeing more fans drop away from our support or more fans drop out of Cup Schemes?

It would have still been a hugely impressive figure if it was £533.7m, wouldn’t it?
 
SWP's back said:
The £45m figure?

The new deal that started this season that we will see in the accounts released next November.
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Well, it wouldn't be in these accounts, which was my point. So the 45m either contains a signing on fee from Puma (as well as the last installment of the previous deal) or something else.
 
KS55 said:
Well, it wouldn't be in these accounts, which was my point. So the 45m either contains a signing on fee from Puma (as well as the last installment of the previous deal) or something else.
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What are you on about mate?

Not a single person has said it’s in these accounts. Because it isn’t. That’s the whole point.
 
blueste41 said:
It's already started:-



Manchester City say they have posted “record revenues of £535.2 million, the eleventh consecutive year of growth under the ownership of His Highness Sheikh Mansour bin Zayed.”

5:11 am - 19 Nov 2019

5 replies .4 retweets7 likes



    1. New conversation

    2. Razman‏ @razman14 29m29 minutes ago
      Replying to @tariqpanja
      Was that hard to type ?

      1 reply .0 retweets0 likes

    3. tariq panja‏Verified account @tariqpanja 24m24 minutes ago
      No. Most of it was copy + paste

      0 replies .0 retweets4 likes

      End of conversation

    1. EPL Football Talk‏ @PLfootballtalk 28m28 minutes ago
      Replying to @tariqpanja
      All above the board for sure

      0 replies .0 retweets1 like

    1. New conversation

    2. Eggy‏ @TheBoiledEgg 22m22 minutes ago
      Replying to @tariqpanja
      530 of that was payment to themselves

      1 reply .0 retweets1 like
    3. 1 more reply

    1. philweb‏ @philweb11 3m3 minutes ago
      Replying to @tariqpanja
      Nobody other than City fans and of course PL believe it, most of it via inflated sponsorship deals via the Sheik

      0 replies .0 retweets0 likes

    1. johncolf‏ @Johncolf 20m20 minutes ago
      Replying to @tariqpanja
      Who’s doing their tax returns Gary Barlow , don’t believe such a smallish club with a shite fan base can rack up that much revenue

      0 replies .0 retweets0 likes
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Haha going to toast the bitter fuckers with a nice vodka.

But just to put an ermm in it wasn't last year's figures over 13 months?
 
cptaidan88 said:


This would obviously be offset somewhat by Commercial bonuses, additional Broadcast Revenue, and Prize Money - but fuck me that's a lot of money.

Some of those contingents will be for things like if Aguero, Sterling or KDB are named Ballon d'Or etc so probably impossible to ever have to pay that full amount out (only one can actually win).

From a purely Financial point of view, I imagine its probably better off being runner up in each competition.
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We declared a £10M profit and we have yet to pay players bonuses that total £200M!!!
 
dickie davies said:
We declared a £10M profit and we have yet to pay players bonuses that total £200M!!!
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No, these are last season's figures. The likelihood of of City triggering all of the bonus clauses in one season or even having to pay them all in the same season are slim.

On the subject of bonus clauses though, maybe that's why Liverpool had a quiet summer. A lot of clubs these days don't spend and some sell players after achieving big targets, City included, in the past.
 
Metalartin said:
No, these are last season's figures. The likelihood of of City triggering all of the bonus clauses in one season or even having to pay them all in the same season are slim.

On the subject of bonus clauses though, maybe that's why Liverpool had a quiet summer. A lot of clubs these days don't spend and some sell players after achieving big targets, City included, in the past.
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The champions league pays for itself easily if won,

Clubs used to get insurance to pay bonuses if they couldn't afford it. Mainly for the FA and League Cups.
 
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