Are City greater as the kingpin of an international group, or are we weakened by subsidising loss-making international ventures?
There was much excitement when the $500m investment in CFG was announced, but this is the background: investments in clubs other than Man City. I can see that clubs like NYC may benefit from being linked to Man City, but do Man City see benefits?
I can think of the odd player e.g., Aaron Mooy, but generally, it looks like City are pumping money into overseas football clubs. There must be some synergies but they are vague. MBappe in a Man City shirt would not be vague.
I do like the idea of City being part of a big family of international clubs, but about 0.0001% of my emotional investment is vested with the overseas clubs, and the rest is with Man City. From what I understand all but Girona are loss-making, (and they were relegated and part-owned anyway), so wouldn't the fans of Man City be happier still if the US$500m went direct into Man City?
As we see with Man Utd, a poorly managed club can haemorrhage money. Can CFG really effectively managed a huge number of overseas football clubs? I doubt this model has much chance of success. People think Khaldoon etc is a genius, and super intelligent guy, well he may be but he only has two eyes and one brain and limited capacity to focus.
Generally, financial markets frown massively on companies that aggressively expand overseas because it is a managerial disaster.
To Marvin and others expressing doubts:
Of course there are risks, it's business, after all. But we should bear in mind certain key facts.
1. ADUG/ Mansour have provided all the capital for our own and CFG's expansion.
2. Most of the risk falls on CFG, not us.
3. Football clubs are essentially small businesses in world terms. City's turnover is £500m. Tesco, for example, have a t/o of £68 billion. The risks are quite small and their management is not hard.
4. Silver Lake's investment shows they, and by implication the wider business world, believe in CFG model and plans.
5. There are potentially major benefits for City as part of a global group in sponsorship, shared costs, technology transfer, scouting, broadcasting,youth development etc etc.
So, lets not be too pessimistic, what's the worst that can happen? If the group flounders, City will still be around, probably owned by M.E., Chinese, Indian, or US groups.Or we might revert to being little old City. I can't see CFG allowing serious debt to arise such that the good Sheik can't cover it.
10 years ago, we were almost dead. Chin up.