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

I don't get the idea of a sponsor change for shirt or stadium. We were purchased specifically to promote the Etihad brand globally. Now at the point we are playing, arguably the best football available on the planet and therefore generating the best kudos possible for sponsors why would Etihad want to drop out?
We were purchased specifically to promote Etihad? You cannot seriously believe that. Hilarious!
 
Doesn't include the summer transfers, this is at the bottom, so I assume next years figures will need to cover the amortised version of the £161 mill net spend which I guess is about £30 mill /year we will need to find.

28. EVENTS AFTER THE REPORTING DATE Since the year end the Club has entered into agreements to acquire the football registrations of Ederson Santana de Moraes (from Benfica), Kyle Walker (from Tottenham Hotspur FC), Benjamin Mendy (from AS Monaco FC), Danilo Luiz da Silva (from Real Madrid C.F.), Bernardo Silva (from AS Monaco FC), Douglas Luiz Soares de Paulo (from CR Vasco da Gama), Olarenwaju Kayode (from FK Austria Wien), Ivan Ilic (from Red Star Belgrade), Luka Ilic (from Red Star Belgrade) and Uriel Antuna (from Santos Laguna). The football registrations of Wilfried Bony (to Swansea City AFC), Kelechi Iheanacho (to Leicester City FC), Manuel Agudo Durán (to Sevilla FC), Fernando Francisco Reges Mouta (to Galatasaray SK), Samir Nasri (to Antalyaspor), Aleksandar Kolarov (to AS Roma), Jadon Sancho (to Borussia Dortmund), Olivier Ntcham (to Celtic FC), Rubén Sobrino (to Deportivo Alavés) and Bruno Zuculini (to Hellas Verona FC) have been sold. The net expenditure on these transactions was approximately £161m.
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 !!
 
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 !!

He isn't included and the £161 mill comes from this bit of the report.

28. EVENTS AFTER THE REPORTING DATE Since the year end the Club has entered into agreements to acquire the football registrations of Ederson Santana de Moraes (from Benfica), Kyle Walker (from Tottenham Hotspur FC), Benjamin Mendy (from AS Monaco FC), Danilo Luiz da Silva (from Real Madrid C.F.), Bernardo Silva (from AS Monaco FC), Douglas Luiz Soares de Paulo (from CR Vasco da Gama), Olarenwaju Kayode (from FK Austria Wien), Ivan Ilic (from Red Star Belgrade), Luka Ilic (from Red Star Belgrade) and Uriel Antuna (from Santos Laguna). The football registrations of Wilfried Bony (to Swansea City AFC), Kelechi Iheanacho (to Leicester City FC), Manuel Agudo Durán (to Sevilla FC), Fernando Francisco Reges Mouta (to Galatasaray SK), Samir Nasri (to Antalyaspor), Aleksandar Kolarov (to AS Roma), Jadon Sancho (to Borussia Dortmund), Olivier Ntcham (to Celtic FC), Rubén Sobrino (to Deportivo Alavés) and Bruno Zuculini (to Hellas Verona FC) have been sold. The net expenditure on these transactions was approximately £161m.
 
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 !!
It's not as simple as that though.
Bony would have little or no impact because his contract will be capitalised on the balance sheet at about 15M. On the other hand, Iheanacho and Mooy would've been mostly profit.
Net spend isn't a useful measure for calculating profit; you need to net off the remaining value of players contracts first.
 

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