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.
 
Why do all the media keep pumping the £750M Adidas deal. It was common knowledge that it would only get to £750M is performance related and the rags will have the £75m-a-year payment drop to £52.5m if they fail to qualify for the Champions League for two successive seasons.

The deal isn't worth an extra £75M a year it is worth £45M as they were already getting £30M a year from Nike.
 
City should do an advert showing a sailing ship like on the badge, manned by the players, and captained by our chairman with Mansour's face on the wheel, gliding powerfully through the ocean, past a rusty little trawler boat with smoke billowing out of the engine and Sloth from The Goonies holding his head wailing.

Oh I'm fucking loving it.
 
Chippy_boy said:
All very well and good mate. But your conclusion was "very difficult even for a club like Utd to get back in to the CL if you drop out!" and this is still nonsense.

Since you like to multiply all your numbers by three (to make them sound more significant presumably) then United's revenues over 3 years are circa €1.5bn with or without CL money. That makes they one of the richest clubs in the world, with or without CL money. And therefore - as one of the richest clubs in the world - the idea that they are suddenly so impoverished that they cannot afford to invest enought to get back into the CL again, is just nonsense.

Sure, missing out on the £38m will have pissed them off, but it's really only a "pinch" to use our terminology.
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Numbers are multiplied by 3 to compare directly with the MAX value that an owner can invest and still compete in the CL - i.e. €35m over 3 seasons!!!

I admit Utd could possibly cope but every club except Utd would be stuffed by that loss of revenue - & It would hurt Utd (£50m a season for them from now in with the new CL TV deal and that is NOT small beer - a pinch is £16m). That's £50m they can't spend on players...
 
How much of Utd's £362.2million do they repay every season?
I ask because that is what has to be deducted from their income compared with ours for a meaningful comparison.
 
Wow, those comments on the daily mail surrounding that article sum up just how brainwashed the uneducated are. 'Dodgy' sponsorship rants galore. 'Emptihad' rants galore.
Simple facts totally unreported the Etihad deal is less than 10% revenue and our occupancy is between 98.4 and 99% on average over a season.

It's so entertaining.
 
Indeed the comments are like the rag troll mantra that pops up whenever there is a city story. Nice to see the clever replies haha
 
BlueAnorak said:
How much of Utd's £362.2million do they repay every season?
I ask because that is what has to be deducted from their income compared with ours for a meaningful comparison.
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If they're on the same interest rate as the PIKs then 51.585m per season (year). That's not a great answer though tbh as they refinanced. I'll give an educated opinion that it's at least 30m though.
 
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