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

[Daz_Blue]

Re: City & FFP (continued)

Can we go heavy in the transfer market in the summer or are we still being squeezed and do we get the fine back from UEFA ?

 

[MeatHunterrr]

Re: City & FFP (continued)

£23 million bottom line loss.

£16m related to costs of the UEFA settlement brings it down to £7m, £7.2m in depreciation of tangible fixed assets brings it to a profit of £200k before depreciation. In real terms we've made a small profit.

Revenues increased to £347m
Wage Bill down to £205m

What was last years wage bill, a93 ?

233m

 

[aguero93:20]

Re: City & FFP (continued)

£23 million bottom line loss.

£16m related to costs of the UEFA settlement brings it down to £7m, £7.2m in depreciation of tangible fixed assets brings it to a profit of £200k before depreciation. In real terms we've made a small profit.

Revenues increased to £347m
Wage Bill down to £205m

What was last years wage bill, a93 ?

£233 million, so down £28m, not bad.

 

[Andouble]

Re: City & FFP (continued)

£23 million bottom line loss.

£16m related to costs of the UEFA settlement brings it down to £7m, £7.2m in depreciation of tangible fixed assets brings it to a profit of £200k before depreciation. In real terms we've made a small profit.

Revenues increased to £347m
Wage Bill down to £205m

so outside of the fine we are a Scott Sinclair transfer fee away from being in the black.

FFP, you're havin' a laugh

 

[aguero93:20]

Re: City & FFP (continued)

Can we go heavy in the transfer market in the summer or are we still being squeezed and do we get the fine back from UEFA ?

Looks like they don't have any choice but to lift the sanctions, they already look like fools for questioning our financial stability last year.

 

[oakiecokie]

Re: City & FFP (continued)

£16m related to costs of the UEFA settlement brings it down to £7m, £7.2m in depreciation of tangible fixed assets brings it to a profit of £200k before depreciation. In real terms we've made a small profit.

Revenues increased to £347m
Wage Bill down to £205m

What was last years wage bill, a93 ?

233m

WOW and if you think that we`ve also had at least 5 players with new contracts,which would show bigger bonuses,but smaller salaries,then more savings for next season.

 

[mindmyp's_n_q's]

Re: City & FFP (continued)

So our bill is less than the home grown squad of rags? YAY

 

[bluwes]

Re: City & FFP (continued)

Read it and weep Platini

<a class="postlink" href="http://annualreport.mcfc.co.uk/?utm_source=vanity%20url%20for%201314%20annual%20report&utm_medium=website&utm_campaign=1314%20annual%20report" onclick="window.open(this.href);return false;">http://annualreport.mcfc.co.uk/?utm_sou ... l%20report</a>

 

[aguero93:20]

Re: City & FFP (continued)

What was last years wage bill, a93 ?

233m

WOW and if you think that we`ve also had at least 5 players with new contracts,which would show bigger bonuses,but smaller salaries,then more savings for next season.

Those accounts include a loss of £76m on player trading, this season it's nowhere near that, we should make some serious profits this year. Amortization on registration (transfer) fees was down by about £4.5m in a summer we spent heavily, that will drop a lot more this season.

Edit: Amortisation and impairment of players’ registrations (13/14)£76,484,000 (12/13)£80,869,000

New Contracts and lower spending will affect that fall and accelerate it

 

[Prestwich_Blue]

Re: City & FFP (continued)

£23 million bottom line loss.

That includes £16.26m for the €20m UEFA fine, which isn't counted for FFP. So it's a £7m loss before any exclusions for youth development and infrastructure.