With your pension......I’d have you down as a multi-millionaire;)I’ve got five hundred quid in cash in my bedside draw, am I a half a thousandth of a millionaire?
With your pension......I’d have you down as a multi-millionaire;)I’ve got five hundred quid in cash in my bedside draw, am I a half a thousandth of a millionaire?
We've got the Etihad deal coming to an end. Considering we now own a bunch of clubs through CFG (so further exposure), have been in the CL for 11 seasons straight, and that deal was for both the shirt sponsor AND the stadium naming rights. Could very well get an extra £20+ mil a season for the new deals.There is also the wider point that this is a measurement of MCFC and not CFG, when silver lake invested for example was that in CFG ? The wider group would probably sit higher up that table, especially with an apple for apples comparison post our latest figures. I also think going into next year with the impact of COVID on the finances all clubs will see a shrinkage, however the impact on us will be lesser than that on other large clubs.
All I can see is positive in the way the group, and the club are run.
Spot-on. What Bayern have is essentially disguised owner investment from their sponsors. But it's apparently all within FFP rules which also don't take any account of debt. Barca, Real Madrid, and United now have combined debts of around £2bn (Barca alone have £1bn) But they can all carry on playing football with no consequences. United are still paying huge dividends to the Glazers while they delay payments to their creditors. As you say: "Nothing to see here."
Germany may be the biggest economy in Europe but the Bundesliga is small fry compared to the Premier League (EPL) and the the revenue it generates from domestic and overseas broadcasting rights.The "owner" investments of Allianz, Adidas and Audi weren't that significant but are mainly put in stones of the Allianz Arena and the Campus. That is why the Allianz Arena is paid for years ahead and frees them of paying off large debts.
Bayern is a big fish when it means commercial income. Germany is the biggest economy in Europe and their partners are mainly manufacturing companies that are big internationally. It is no secret that there is e.g. some big German car manufacturers in rivalry to be sponsor of that big fish in the pond.
I know that it is common for you to look at that "owner investment" but that actually is not what drives this as because of the plurality of private owners is not the "thing". What gives Bayern the main lift is that they are the only big fish in a country with a lot exporting companies.
And then you have to see another page of this - Bayern is hesitant to do crazy things and act without taking big financial risks. That is sometimes frustrating as a fan as like this you do not get some of the juwels on the transfer market - but at the end it might be the right way.
Been thinking about the Etihad thing. It’s usually around March we start seeing leaked kit rumours. Would have thought we would want next years shirt sponsors tied up for April / May.We've got the Etihad deal coming to an end. Considering we now own a bunch of clubs through CFG (so further exposure), have been in the CL for 11 seasons straight, and that deal was for both the shirt sponsor AND the stadium naming rights. Could very well get an extra £20+ mil a season for the new deals.
You should get a round of applause for that my friendGermany may be the biggest economy in Europe but the Bundesliga is small fry compared to the Premier League (EPL) and the the revenue it generates from domestic and overseas broadcasting rights.
When you compare EPL broadcasting revenue with the Bundesliga and the commercial deals that City secure compared to other EPL clubs then contrast and compare these deals against the deals Bayern secure (from companies who just happen to own a significant stake in Bayern) against deals secured by other Bundesliga clubs it looks extremely dubious.
This is against a backdrop of senior figures at Bayern many of whom are convicted criminals constantly sniping against my club over a sustained period of time.
As we say in England people in glass houses should not throw stones.
These "jewels" in the transfer market you refer to are usually Bayern bullying smaller clubs in Germany into selling their best players on the cheap or tapping up players so that they run down their contracts so they can pick up players on the cheap or for nothing.
I've nothing against Bayern fans and found you a great bunch but your club is not known as The German Rags for nothing and personally I think Bayern are as bad if not worse than the Rags and Dippers for underhand dealings, hypocrisy and general arrogance.
I have got no issue with the Bayern business model. It's actually a smart way of getting investment into that club. What bothers me is the unfair way City have been treated over FFP. The sponsorship we had from Etihad for example has been analysed in detail and found to be "fair market value" and yet we were subject to a poisonous witchhunt. It's the double standards from UEFA I can't accept.The "owner" investments of Allianz, Adidas and Audi weren't that significant but are mainly put in stones of the Allianz Arena and the Campus. That is why the Allianz Arena is paid for years ahead and frees them of paying off large debts.
Bayern is a big fish when it means commercial income. Germany is the biggest economy in Europe and their partners are mainly manufacturing companies that are big internationally. It is no secret that there is e.g. some big German car manufacturers in rivalry to be sponsor of that big fish in the pond.
I know that it is common for you to look at that "owner investment" but that actually is not what drives this as because of the plurality of private owners is not the "thing". What gives Bayern the main lift is that they are the only big fish in a country with a lot exporting companies.
And then you have to see another page of this - Bayern is hesitant to do crazy things and act without taking big financial risks. That is sometimes frustrating as a fan as like this you do not get some of the juwels on the transfer market - but at the end it might be the right way.
The "owner" investments of Allianz, Adidas and Audi weren't that significant but are mainly put in stones of the Allianz Arena and the Campus. That is why the Allianz Arena is paid for years ahead and frees them of paying off large debts.
Bayern is a big fish when it means commercial income. Germany is the biggest economy in Europe and their partners are mainly manufacturing companies that are big internationally. It is no secret that there is e.g. some big German car manufacturers in rivalry to be sponsor of that big fish in the pond.
I know that it is common for you to look at that "owner investment" but that actually is not what drives this as because of the plurality of private owners is not the "thing". What gives Bayern the main lift is that they are the only big fish in a country with a lot exporting companies.
And then you have to see another page of this - Bayern is hesitant to do crazy things and act without taking big financial risks. That is sometimes frustrating as a fan as like this you do not get some of the juwels on the transfer market - but at the end it might be the right way.