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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
tolmie's hairdoo
Well-Known Member
We seem to have already missed a trick if Yokohama tyres are to give Chelsea £40m a season for their new shirt sponsor?
As part of our group tie-up with Yokohama Marinos, someone wants their arse kicking if money like that is floating about the City and we can't be able turn it to our advantage?
As part of our group tie-up with Yokohama Marinos, someone wants their arse kicking if money like that is floating about the City and we can't be able turn it to our advantage?
tolmie's hairdoo said:We seem to have already missed a trick if Yokohama tyres are to give Chelsea £40m a season for their new shirt sponsor?
As part of our group tie-up with Yokohama Marinos, someone wants their arse kicking if money like that is floating about the City and we can't be able turn it to our advantage?
Not forgetting that Abu Dhabi and their F1 links should have made that deal a dead cert'
I suspect there is a very significant reason why Nissan and Yokohama dont play together.
Prestwich_Blue
Well-Known Member
It's the agenda of course. No one will sponsor us as the media have made us a laughing stock.
mrtwiceaseason
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The thing is we are tied to etihad for a good few years so no shirt to sponsortolmie's hairdoo said:We seem to have already missed a trick if Yokohama tyres are to give Chelsea £40m a season for their new shirt sponsor?
As part of our group tie-up with Yokohama Marinos, someone wants their arse kicking if money like that is floating about the City and we can't be able turn it to our advantage?
What I carnt understand is like the rags and dipers why we have no training wear sponsor
I thought that cityzens thing was just temporary
What this does show is at £400 m for 10 years for stadium, academy and shirt what a good deal etihad got.
mrtwiceaseason
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- 9 Oct 2011
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What is there to sponsor the mini had seems to be Nike branded and the main building had some Arabic logo on it and Nissan are doing the transport ? What's left only more money from Nike ?stony said:What happened to all the sponsors that the CFA was supposed to bring in?
OB1
Well-Known Member
pardoeofftomexico said:Prestwich_Blue said:1) In theory we possibly could but in practice we've already published our accounting policies for fixed assets and the auditors would raise an eyebrow if we suddenly chose to write off the outstanding book value of those items.fbloke said:As my head is beginning to vis a vi Tolms post and the subsequent replies I thought I would reduce it down for those who know more of the detail than I
1. Can MCFC decide to 'claim back' the expenditure on infrastructure etc in the years in which the cheques were cut?
2. Can MCFC 'claim' the costs of the developments across the globe where their brand is used?
(The new Melbourne CFA video sees management talking repeatedly about IP and the specialised team they have who will replicate the CFA across the globe)
3. Assuming the original FFP rules remain as they were MCFC claim that 'City Football' is their brand and therefore FFP means those revenues are allowed, irrespective of where in the world?
2) We've already done that to a large degree by transfer charging the IP associated with setting up City Football Services & City Marketing Services, which we did last year. However we agreed to exclude intra-group transactions from FFP so there's no benefit in that regard.
3) The licensee has to be the entity that contains the football club and which is a member of a UEFA-registered association or league. So that would be MCFC Limited, as I understand it.
But as you have already explained yourself PB, there would be no point in writing off the infrastructure costs. If we wrote off, say, £100M it would mean we would have an additional loss of that amount. But the same amount would then be added back for FFP to finish up with the profit we would have had if we had not written off the infrastructure costs. Everyone should just forget about the costs of the training ground, new stand, etc.
As for anything else the club have shown themselves to be pretty innovative as it is!
Exactly. You cannot suddenly magic up extra cash to spend on players because you have the ability to add back the depreciation on new fixed assets for FFP profit calculations. The real benefit of being able to spend more on infrastructure without the cost being charged to profit for FFP purposes is that you can do things like increasing your stadium capacity and thereby increase income without having to deduct all the costs involved in generating the additional income from the incremental revenue.
mrtwiceaseason said:What is there to sponsor the mini had seems to be Nike branded and the main building had some Arabic logo on it and Nissan are doing the transport ? What's left only more money from Nike ?stony said:What happened to all the sponsors that the CFA was supposed to bring in?
Are you taking the piss? There is lots left to sponsor. The minihad could have its own sponsor, the first team training facility could have its own sponsor. The CFA as a whole could have a seperate sponsor. They could even flog of the separate pitches to individual sponsors. First team training today was on the Pot Noodle pitch whilst the under 21s trained on the Clearasil pitch and the same time the under 12's practised on the Farleys Rusk pitch.
All joking aside, we're not even scratching the surface.
Slightly off topic, but was this ever investigated by UEFA? Weren't UEFA supposed to be looking at the deal amongst other things?
The headlines from 2013.
The question has to be asked, what is the true worth of the CFA in comparision?
The headlines from 2013.
Manchester United to sign £180m Aon deal to change name of Carrington training base
Aon Training Complex
Where The Best Get Better
World-class athletes aren’t born, they’re made. The mental and physical preparation needed for players to perform at their peak can take years to develop and requires dedication to maintain and improve. The Aon Training Complex is a state-of-the-art facility designed for Manchester United players to keep in top physical shape to ensure their success both on and off the pitch.
[bigimg]http://www.aon.com/manutd/wp-content/uploads/2013/08/D54R0057.jpg[/bigimg]
<a class="postlink" href="http://www.aon.com/manutd/aon-training-complex" onclick="window.open(this.href);return false;">http://www.aon.com/manutd/aon-training-complex</a>
The question has to be asked, what is the true worth of the CFA in comparision?