CFG acquire Mumbai City - Yokohama J league champions

All the ground expansions at ManU and Liverpool cannot disguise the fact they still do not have live ground video screens nor the requirement for pitchside away fans.

Why?
 
These latest developments take me back to Khaldoon's end of season review in which he alluded to other clubs who didn't have their house in order. This season, they've resorted to brazen corruption, lies and hypocrisy in order to derail MCFC, on and off the pitch. Meanwhile, back at CFG headquarters they've quietly and diligently worked in the background to build a company. In the last few days the empire strikes back in the best way possible and this is just the start. Chickens are coming home to roost.
 
Gaudion M said:
I see it as a carpet bagging strategy across the various big global leagues. Give it 20 or 30 years and one or two of the leagues outside of Europe might be massive - they have the scope to be massive if you consider consolidation. The European league are longstanding and there is massive resistance to change but we all see the potential for a Europe wide super league.

I could see that happening quite easily in Asia. Take the biggest clubs from Australia, China, India, Thiland etc. Right now these clubs have very little recognition but the scope for fans is massive / off the scale big. Who knows how each league will develop / will they consolidate / How big will they get. CFG have all the biggest leagues covered now so if it blows up they are in a great position.

That is my take on the business model. A punt on one or more of these leagues/clubs getting really big.
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Well spotted. An Asian version of the European Cup. It's "inevitable".
 
Marvin said:
If the US$500m was being invested in the infrastructure of Man City, the tangible benefits would be obvious for City fans.

If the US$500m is invested in a network of overseas clubs it benefits those clubs. It may also in time massively enrich the owners including our new US venture capitalist partner, but it could also be wasted. I don't see many measurable benefits for supporters of Manchester City. We've Liverpool, Man Utd, Chelsea etc as rivals. How practically do these expeditions affect Manchester City's operation?

Is it bad for City fans? Not directly, but I'd be happier still if managerial and capital resources were focused on Man City.

These headlines are expected, and were speculated on when the Silverlake news was announced. They don't bother me greatly but neither do I think it's a cause for celebration by City fans, and I do wonder whether it's that wise.

I looked at the Group accounts yesterday to find out how much of CFG's revenue was applicable to MCFC, and the answer was 85%. All the overseas clubs are loss-making with the exception of Girona (since relegated) . Man City is the jewel, but perhaps it is the jewel because Sheikh Mansour recruited the best managers at every level of the club, and pumped in extraordinary amounts of capital. That approach is not possible to replicate again and again. I think City hope to be able to uplift the local clubs in immature football markets purely through links to Man City and supply them with expertise which will provide these clubs with a competitive advantage. But there will be costs, e.g., stadiums, training grounds, staff costs etc.

It's early in the game, but so far all City's acquisitions are loss-making apart from Girona and they were relegated. For 2018, the entire CFG had a loss of £45m (including the profits of City and Girona).
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There would probably be no 500m investment if it is not due to network of clubs. So even if Manchester City gain 50m benefit from it, it's 50m gain for the club. Other explained you about the sponsorship and stuff.
 
Marvin said:
This reminds me about the surprise of some people that City had a borrowing facility with Barclays whereby we had taken a loan from Barclays bank to fund operations and then agreed to repay the loan once the TV broadcasting deal was payable.

I don't know what's allowable but it strikes me that a state-run football club doesn't get embroiled in chicanery like this; it just opens its coffers.
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Most premier league clubs have a facility to borrow immediately the season is over and to fund operations and transfers before they get the first tranche of tv money. It's just a cashflow thing.
As to borrowing within the group, this seems normal to me. I would imagine the smaller clubs in the group will avail themselves of this facility regularly in the first few years. CFG has the cash now.
Our enemies will continue with claims of state ownership and financial doping, willy nilly. We may sue them. Watch out, Teabag.
 
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