City post record revenues of £473.4million for 16/17

[Ric]

@SwissRamble has posted some observations on Twitter to anyone that's interested. Always a good read.

Yeah, I always look forward to his views on our accounts. Worth a read:
https://twitter.com/SwissRamble

 

[Jordie]

New kit deal should be being signed late 2017/early 2018.

400%ish bigger than the current one I reckon.

New kit deal and sponsorship deal will be announced just after the announcement of Messi signing on a free, that should bump up the figures a little.

 

[Cityfan]

Looks like Prestwich Blue is chatting about the accounts on the 93:20 podcast for anyone who is interested .I haven't listened yet but will do later.

 

[Pablo ZZZ Peroni]

Looks like Prestwich Blue is chatting about the accounts on the 93:20 podcast for anyone who is interested .I haven't listened yet but will do later.

Excellent podcast - very nice work @Prestwich_Blue

 

[Mr.Banks]

Looks like Prestwich Blue is chatting about the accounts on the 93:20 podcast for anyone who is interested .I haven't listened yet but will do later.

Where is that? I can't find it in the list on soundcloud?

 

[waspish]

Where is that? I can't find it in the list on soundcloud?

Subscription based £40 a year or you can pay 6 monthly. Have to say well worth it load more content.

 

[BlueAnorak]

I think that Bernardo Silva deal to City must to be Included in the Financial Report , also Selling Enes Unal to Vilareall ( 12 M ) are also included as Those 2 Deals were announced before 30 june .
Also The Number 161 M Pound As A Net Expenditure is incorrect :
Buying by Euro ( 40 M Ederson , 55 M Walker , 57 M Mendy , 35 M Danilo , 50 M Bernardo , 1 M Antuna , 5 M Kayode , 5 M Ilic Brothers , 13 M Douglas = 261 M euro )
Selling by Euro ( 14 M Bony , 14 M Unal , 29 M Iheanacho , 9 M Nolito , 6 M Fernando , 5 M Kolarov , 3 M Zuculini , 10 M Sancho , 2 M Sobrino , 5 M Ntcham , 2 M Nasri , 1 M Faour , 1 M Tyresi Campel 10 M Mooy + About 3 M from Loans as Roberts Celina Denayer ETC = 114 M euro )
So 261-114 = 147 m euro = 122 m pounds as a Net Expenditure only !!!
If Bernardo + Unal deals included in the Report : 211 - 100 = 111 m euro = 92 m pound as a Net Expenditure Only !!

The Bernardo Silva purchase is not included in the financial report - it is listed as an event not included in the report. Due to amortisation It won't have an impact till 2022 anyway.

 

[Cityfan]

The Bernardo Silva purchase is not included in the financial report - it is listed as an event not included in the report. Due to amortisation It won't have an impact till 2022 anyway.

Any purchase will have an effect, the following year. The amortisation spreads the purchase cost over the period of the contract, so in a five year contract after one year 20% of the price will be removed from our assets and costed as an expense surely?

 

[BlueAnorak]

Any purchase will have an effect, the following year. The amortisation spreads the purchase cost over the period of the contract, so in a five year contract after one year 20% of the price will be removed from our assets and costed as an expense surely?

So this season = 20% of his transfer fee.
2018/19 season = 20% of his transfer fee.
2019/20 season = 20% of his transfer fee.
2020/21 season = 20% of his tranzfer fee
2021/22 season = 20% of his transfer fee.
If his purchase was included in last season's accounts his transfer fee would disappear off the books in 2021 leaving that money available for other fees in season 2021/22. Hence my comment about it not making any difference till 2022 (when the season 2021/22 accounts are prepared and published).

 

[blueparrot]

So this season = 20% of his transfer fee.
2018/19 season = 20% of his transfer fee.
2019/20 season = 20% of his transfer fee.
2020/21 season = 20% of his tranzfer fee
2021/22 season = 20% of his transfer fee.
If his purchase was included in last season's accounts his transfer fee would disappear off the books in 2021 leaving that money available for other fees in season 2021/22. Hence my comment about it not making any difference till 2022.

The difference is if he had been included on last years figures we would already have paid his amortised fee last year. As it is he wasn't so we have to find his 20% amortised fee in addition to what we made last season, along with the fees for our other summer / January 18 signings. Not that I think that's a problem.