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

[jrb]

2 hours ago on Manchester City Linkedin

Click on the link below for the pure cheese promo video.

Manchester City and Aldar Properties have announced a new partnership that sees ALDAR become the Clubs Official Real Estate Partner.

Manchester City Football Club on LinkedIn: MANCHESTER CITY x ALDAR

Manchester City and Aldar Properties have announced a new partnership that sees ALDAR become the Clubs Official Real Estate Partner.

www.linkedin.com

 

[Bodicoteblue]

MSM seem to ignore Standard Charter activities along with others when it comrs to FFP.

Seems they’re keen to discuss our sponsorship deals in terms of accountancy and value, but choose to ignore some other clubs’ deals which should be examined on morality and lawfulness - a tad more serious, I would have thought.

 

[CharliesRightPeg]

Not even Der Spiegl or UEFA have ever accused us of being "state owned" but, for some reason, the Guardian insists on repeating it. For that to be true we would have had to produce false accounts since 2009 and hundreds of independent auditors would have had to be in on the conspiracy. It is plainly absurd and can be easily checked but staff at the Guardian seem incapable of doing that or, more likely, they are just motivated by malice.

The lads at the Guardian and the rest of the WhatsApp group all believe an article by one of their pet HR lads which spouts off about how we're state owned but pretending to be owned by Mansour

 

[CharliesRightPeg]

Not 400 mil a year
A potential revenue of 400 mil a year of which Madrid will get a % of

 

[Metalartin]

I can think of several good reasons why Pearce and Khaldoon might be on our board short of ownership. I have made the point before that influence and ownership are different and I prefer "influence" to
"arm of..etc".
Anyway, I have it on good authority that @Damocles is still an argumentative twat. PB was certainly not dishonest, but could have expressed himself better in his original post about it.

I'm late to this but I was arguing about some if this with some Red top scouse on the one of the MSM websites yesterday about most of this. None of this is aimed at PB, I'm sure most peoples opinion on the matter has evolved, the more they've learned over the years. Isn't that what we are supposed to do?

I don't think anyone's denying there are links there. It's just wrong to say City are state owned and I don't think the City project was ever intended to be a sports washing project personally.

Sheikh Mansour is a member of the royal family. Khaldoon and Peirce have worked closely with various high ranking figures in the UAE. The Etihad Airline is state owned. But those links are more tenuous than the media likes to portray.

Even Sheikh Mansour's roles in government are overstated IMO. Personally, I think everyone should consider how he got those roles(i.e who appointed him... is he working under anyone in particular?). Count how many business(chairman, vice-chairman) roles he fulfils in comparison to political ones, and consider how many hours there are in a typical working day. Then maybe read about his personality in general and decide for yourself, whether he's more of a businessman or a politician. I think it's obvious personally, that's without looking at his personal projects(and interests), outside of state related roles.

Khaldoon and Peirce have worked with many high profile figures in the UAE, but they are hardly an arm of the government or the executive council. They have worked with those people so often because they were highly successful in their field. Could it not just be, they were chosen by Sheikh Mansour because of their skill sets? Maybe I'm wrong but I thought in business, the connections and employees you already have available, are a resource that you'd draw upon first before hiring elsewhere. Khaldoon was clearly a great choice for chairman, Al-Fahim before him, not so much.

Etihad airlines being state owned might be the sportswashing angle. They've used City to try and grow that but is that really anything unique in football? It wasn't something new even in 2008(Chelsea 2001 in the PL, then again with Arsenal in 2003) and it's widespread in football today. As for the club itself though, even if it was an afterthought. They must of realised it was a bad way to gain good PR in the west, long ago. I don't see heavy promotion of Abu Dhabi or the UAE itself at City, they have never claimed any credit for City's achievements. City do deny being owned by a state. Ironically, the only people giving Abu Dhabi/UAE credit for what City do are the press... So technically, aren't they the ones sportswashing? In that case there is no sportswashing, if they'd simply shut up pushing that angle all the time.

 

[bobbyowenquiff]

I'm late to this but I was arguing about some if this with some Red top scouse on the one of the MSM websites yesterday about most of this. None of this is aimed at PB, I'm sure most peoples opinion on the matter has evolved, the more they've learned over the years. Isn't that what we are supposed to do?

I don't think anyone's denying there are links there. It's just wrong to say City are state owned and I don't think the City project was ever intended to be a sports washing project personally.

Sheikh Mansour is a member of the royal family. Khaldoon and Peirce have worked closely with various high ranking figures in the UAE. The Etihad Airline is state owned. But those links are more tenuous than the media likes to portray.

Even Sheikh Mansour's roles in government are overstated IMO. Personally, I think everyone should consider how he got those roles(i.e who appointed him... is he working under anyone in particular?). Count how many business(chairman, vice-chairman) roles he fulfils in comparison to political ones, and consider how many hours there are in a typical working day. Then maybe read about his personality in general and decide for yourself, whether he's more of a businessman or a politician. I think it's obvious personally, that's without looking at his personal projects(and interests), outside of state related roles.

Khaldoon and Peirce have worked with many high profile figures in the UAE, but they are hardly an arm of the government or the executive council. They have worked with those people so often because they were highly successful in their field. Could it not just be, they were chosen by Sheikh Mansour because of their skill sets? Maybe I'm wrong but I thought in business, the connections and employees you already have available, are a resource that you'd draw upon first before hiring elsewhere. Khaldoon was clearly a great choice for chairman, Al-Fahim before him, not so much.

Etihad airlines being state owned might be the sportswashing angle. They've used City to try and grow that but is that really anything unique in football? It wasn't something new even in 2008(Chelsea 2001 in the PL, then again with Arsenal in 2003) and it's widespread in football today. As for the club itself though, even if it was an afterthought. They must of realised it was a bad way to gain good PR in the west, long ago. I don't see heavy promotion of Abu Dhabi or the UAE itself at City, they have never claimed any credit for City's achievements. City do deny being owned by a state. Ironically, the only people giving Abu Dhabi/UAE credit for what City do are the press... So technically, aren't they the ones sportswashing? In that case there is no sportswashing, if they'd simply shut up pushing that angle all the time.

There is no such thing as "sportswashing." CFG would not have invested billions across the world including places like South America and China if it was bothered about trying to deflect attention from some alleged human rights abuses. Like every other businessman in the Gulf Sheikh Mansour has to diversify away from fossil fuel revenues. No one accuses Dubai of "tourism washing." Sportswashing is an artificial concept, a nice buzzword, invented by human rights groups to grab some headlines. There has never been a scrap of evidence that it was anything else. Of course governments in every country in the world spend a lot of time promoting a positive image of themselves. That's what they all do because it is good for business. The sportswashing narrative is literally fake news.

 

[Marvin]

There is no such thing as "sportswashing." CFG would not have invested billions across the world including places like South America and China if it was bothered about trying to deflect attention from some alleged human rights abuses. Like every other businessman in the Gulf Sheikh Mansour has to diversify away from fossil fuel revenues. No one accuses Dubai of "tourism washing." Sportswashing is an artificial concept, a nice buzzword, invented by human rights groups to grab some headlines. There has never been a scrap of evidence that it was anything else. Of course governments in every country in the world spend a lot of time promoting a positive image of themselves. That's what they all do because it is good for business. The sportswashing narrative is literally fake news.

Only foreigners sportswash. England is squeaky clean. I'd listen to them if their pages were full of criticism of England hosting the Olympics, Euros etc.

 

[Tim of the Oak]

We don’t know the exact thoughts of Sheikh Mansour and Khaldoon with regard to City. Otherwise, the posters who said we would t have statues of players, as it might be against the Muslim faith, would have got it right.

Regarding FFP, I reckon changes to the Premier rules mean that City will consider (relatively) smaller organisations / initiatives for partnerships. The next tier of business people who aspire to be linked with City now have a bit more to offer. That compliments our main sponsors.

 

[Gremlin]

There is no such thing as "sportswashing." CFG would not have invested billions across the world including places like South America and China if it was bothered about trying to deflect attention from some alleged human rights abuses. Like every other businessman in the Gulf Sheikh Mansour has to diversify away from fossil fuel revenues. No one accuses Dubai of "tourism washing." Sportswashing is an artificial concept, a nice buzzword, invented by human rights groups to grab some headlines. There has never been a scrap of evidence that it was anything else. Of course governments in every country in the world spend a lot of time promoting a positive image of themselves. That's what they all do because it is good for business. The sportswashing narrative is literally fake news.

Plus, if the purpose of the project truly was 'sportswashing' then it has failed spectacularly as there is now a generation of fans of other clubs who probably had never heard of Abu Dhabi a few years ago that are suddenly now 'experts' in, and forceful advocates of, human rights in the Middle East. Strange that they never had any interest or concern until their favourite team was threatened.

 

[jockblue]

Over a million quid a day.

Seems fair to me.

So there's a nice benchmark there for any discussion on what is fair value for a sponsorship arrangement for a top 10 elite sports club. It'll be something nice to read out to David Gill in court.