City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

Re: City & FFP (continued)

CaliforniaBlue said:
gordondaviesmoustache said:
NMB said:
My opinion is that FFP is so bent that I love it when we are accused of cheating it. Nothing would give me greater pleasure than Khaldoons Kabs , a taxi firm from Beswick with one car, sponsoring us to the tune of £80 million and reading Herbert's subsequent interview with Wenger on the subject.
"Khaldoon's Kabs" emblazoned across the front of the shirt would give us a certain kitsch.

"The Khaldoon's Kabs Arena" I'm not feeling, though. Then again, 'Etihad Stadium' grew on me.

"Khaldoon's Khabs" surely?
You'd think wouldn't you? Typical fuck up by marketing.
 
Re: City & FFP (continued)

Bluewonder said:
Uber Blue said:
A quick question for those that are well up on FFP. Realistically, what could we afford to spend next year? If, for instance, we make £20 million profit, does that mean we can spend £50 million in total (which would put us a £30 million loss overall which is allowed)?

The reason why I ask is that will we ever be able to spend £70-£100 like Real for a truly world class player, or will doing so instantly put us in contravention of FFP for the following year?
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.

It was predicted to be €400m (Euros) for season 2013-14 or £300m (£318m at the current referendum depressed exchange rate) at that UAE government conference in February.
Not seen or heard any Ferran predictions for season 2014-15 income - so I would be interested in the source of this statement. Though an article I read on a US business information publication (sadly behind a paywall) predicted rises of £50m a year for the next 3 season - so I believe a rise to that level is possible just not in one season.
 
Re: City & FFP (continued)

BlueAnorak said:
Bluewonder said:
Uber Blue said:
A quick question for those that are well up on FFP. Realistically, what could we afford to spend next year? If, for instance, we make £20 million profit, does that mean we can spend £50 million in total (which would put us a £30 million loss overall which is allowed)?

The reason why I ask is that will we ever be able to spend £70-£100 like Real for a truly world class player, or will doing so instantly put us in contravention of FFP for the following year?
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.

It was predicted to be €400m (Euros) for season 2013-14 or £300m (£318m at the current referendum depressed exchange rate) at that UAE government conference in February.
Not seen or heard any Ferran predictions for season 2014-15 income - so I would be interested in the source of this statement. Though an article I read on a US business information publication (sadly behind a paywall) predicted rises of £50m a year for the next 3 season - so I believe a rise to that level is possible just not in one season.
Don't those last two posts show just how far we've come since 2008?
 
Re: City & FFP (continued)

JoeMercer'sWay said:
YaYa's Left Peg said:
Bluewonder said:
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.

I believe it's $405m Or around £250m. So still a way behind the rags.

no it isn't, we've already made £271m in 2012/13.

My bad fella . Happy days :)
 
Re: City & FFP (continued)

Bluewonder said:
Uber Blue said:
A quick question for those that are well up on FFP. Realistically, what could we afford to spend next year? If, for instance, we make £20 million profit, does that mean we can spend £50 million in total (which would put us a £30 million loss overall which is allowed)?

The reason why I ask is that will we ever be able to spend £70-£100 like Real for a truly world class player, or will doing so instantly put us in contravention of FFP for the following year?
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.
Do you have a source for this, or a report etc?

It would be remarkable if we were to exceed Man Utd's revenues at this stage of our development (with the ground development, training ground etc still to be completed, and City just establishing ourselves as one of Europe's top clubs)
 
Re: City & FFP (continued)

Marvin said:
Bluewonder said:
Uber Blue said:
A quick question for those that are well up on FFP. Realistically, what could we afford to spend next year? If, for instance, we make £20 million profit, does that mean we can spend £50 million in total (which would put us a £30 million loss overall which is allowed)?

The reason why I ask is that will we ever be able to spend £70-£100 like Real for a truly world class player, or will doing so instantly put us in contravention of FFP for the following year?
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.
Do you have a source for this, or a report etc?

It would be remarkable if we were to exceed Man Utd's revenues at this stage of our development (with the ground development, training ground etc still to be completed, and City just establishing ourselves as one of Europe's top clubs)
It's €400m not £400m. So about £330m for the 2013/14 financial year. Still good although the usual suspects will no doubt be whingeing that it's all Abu Dhabi money and the Sheikh buys all the season tickets.
 
Re: City & FFP (continued)

Prestwich_Blue said:
Marvin said:
Bluewonder said:
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.
Do you have a source for this, or a report etc?

It would be remarkable if we were to exceed Man Utd's revenues at this stage of our development (with the ground development, training ground etc still to be completed, and City just establishing ourselves as one of Europe's top clubs)
It's €400m not £400m. So about £330m for the 2013/14 financial year. Still good although the usual suspects will no doubt be whingeing that it's all Abu Dhabi money and the Sheikh buys all the season tickets.

Doubt our wage bill will be 230m now.

With Mancini's pay off (reported 7m) not included and the last of the big earning Hughes era players leaving (Lescott and Barry should take around 10m away on their own) I'd predict the wage bill to be 210m tops, especially given Negredo was probably on around 4m per year (75k a week).
 
Re: City & FFP (continued)

Prestwich_Blue said:
Marvin said:
Bluewonder said:
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.
Do you have a source for this, or a report etc?

It would be remarkable if we were to exceed Man Utd's revenues at this stage of our development (with the ground development, training ground etc still to be completed, and City just establishing ourselves as one of Europe's top clubs)
It's €400m not £400m. So about £330m for the 2013/14 financial year. Still good although the usual suspects will no doubt be whingeing that it's all Abu Dhabi money and the Sheikh buys all the season tickets.

And I'd be surprised if the scum's revenues were going to be as low as £385m - £395m, as quoted a couple of pages back.

Didn't they come in at circa £430m for the year ending June 2014?

I know the Adidas money doesn't kick in until 15/16, but even so I would be surprised if their revenues fell this year.
 
Re: City & FFP (continued)

Prestwich_Blue said:
Marvin said:
Bluewonder said:
Soriano predicts our revenue for the 2014-2015 season to be around £400m. With our wage bill being around £230m (plus a few other operating costs) that leaves a huge reservoir of cash to spunk on our own galacticos.
Do you have a source for this, or a report etc?

It would be remarkable if we were to exceed Man Utd's revenues at this stage of our development (with the ground development, training ground etc still to be completed, and City just establishing ourselves as one of Europe's top clubs)
It's €400m not £400m. So about £330m for the 2013/14 financial year. Still good although the usual suspects will no doubt be whingeing that it's all Abu Dhabi money and the Sheikh buys all the season tickets.
Yeah, I'm talking about the 2014-2015 season. Which indeed fits the rise of £50m per season.
 
Re: City & FFP (continued)

Chippy_boy said:
Prestwich_Blue said:
Marvin said:
Do you have a source for this, or a report etc?

It would be remarkable if we were to exceed Man Utd's revenues at this stage of our development (with the ground development, training ground etc still to be completed, and City just establishing ourselves as one of Europe's top clubs)
It's €400m not £400m. So about £330m for the 2013/14 financial year. Still good although the usual suspects will no doubt be whingeing that it's all Abu Dhabi money and the Sheikh buys all the season tickets.

And I'd be surprised if the scum's revenues were going to be as low as £385m - £395m, as quoted a couple of pages back.

Didn't they come in at circa £430m for the year ending June 2014?

I know the Adidas money doesn't kick in until 15/16, but even so I would be surprised if their revenues fell this year.
The accounts they released last week are predicting £390m for the 2014-2015 season which is similar to what Soriano is predicting for us.
 

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