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

Matty said:
They're not doomed, but whilst the Glazers are in charge they will be forever hamstrung by their business philosophy and their financial aims.
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To an extent but they have just spent £300m in two seasons! They are more hamstrung by their recruitment policy and dated management structure where the manager is given far too much power.
 
Rag Q1, Tick tock.
  • Q1 revenue down 10 per cent
  • Debt up £1.1million to £362.2million.
  • Matchday revenue down 21.8 per cent.
  • Broadcast revenue down 12 per cent.
Manchester City
Dept Nil
commercial partnerships revenues increased by 16%
broadcast revenues increased by 51%
matchday revenue increased by 20%
 
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mancity dan said:
Manchester City set to overtake rivals Manchester United in financial stakes with club record turnover as Reds count cost of no Champions League football last season
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Mike Keegan spouting his usual bollocks. Read the story and it reinforces what I said earlier. He's making a completely ridiculous assumption that our turnover will go up by the same percentage that it did last year. I can't see any justification for that as there are no major new income streams that I'm aware of that would be reflected in these last accounts. The 2014 accounts included the boost from what was then the new Sky/BT deal.

Here's the crucial bit of the article:
That figure was a £76m rise from the previous year and a similar increase this time around will see them sail past United for the first time in decades.

City are keeping tight-lipped about what their annual report will show but Sportsmail understands they are very happy with the figures.
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So Keegan has no idea what our turnover is for 2014/15 but you can bet your life that when the figures do come out, his headline will be "City fail to catch United in revenue".
 
Prestwich_Blue said:
Mike Keegan spouting his usual bollocks. Read the story and it reinforces what I said earlier. He's making a completely ridiculous assumption that our turnover will go up by the same percentage that it did last year. I can't see any justification for that as there are no major new income streams that I'm aware of that would be reflected in these last accounts. The 2014 accounts included the boost from what was then the new Sky/BT deal.

Here's the crucial bit of the article:


So Keegan has no idea what our turnover is for 2014/15 but you can bet your life that when the figures do come out, his headline will be "City fail to catch United in revenue".
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Yep, can't see us catching them on last season's turnover. We might land pretty close though, depends on the value of the campus sponsorships.
 
Prestwich_Blue said:
I've added a comment but the fear and panic among the plastic rags is hilarious.
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I was going to reassure them that they still had the most hashtags for their kit launch but that would have required signing up to the Mail online which I won't do.
 
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