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Has there been any talk about an increased or improved Metrolink service?
Model of the COOP Live Arena.
View attachment 17685
The parties would not disclose the value of CFG’s investment but confirmed that it was now an equal partner in the £350m project with OVG.
“Co-op Live unlocks the potential for the Etihad Campus to grow as an entertainment destination that creates more reasons for the nation and world to visit Manchester,” said Marty Edelman, board director at City Football Group.
City Football Group becomes partner in £350m Co-op Live - Place North West
The global football organisation that counts Manchester City FC among its assets has become an equal partner in the arena venture with US developer Oak View Group.www.placenorthwest.co.uk
Presumably CFG can use any income from the arena to spend on infrastructure or academies because that is exempt from FFP in its current form. On top of that we should be able to sell joint music/football sponsorships that will contribute to direct club revenues. So long term it could free up more cash to spend on the squad.This partnership must be worth at least £30 million a year after costs. Really this is excellent news. Along with hotel and retail/housing, we could be looking at an extra 40-50m more income than dippers or the scum, Truly delicious prospect!
Model of the COOP Live Arena.
View attachment 17685
The parties would not disclose the value of CFG’s investment but confirmed that it was now an equal partner in the £350m project with OVG.
“Co-op Live unlocks the potential for the Etihad Campus to grow as an entertainment destination that creates more reasons for the nation and world to visit Manchester,” said Marty Edelman, board director at City Football Group.
City Football Group becomes partner in £350m Co-op Live - Place North West
The global football organisation that counts Manchester City FC among its assets has become an equal partner in the arena venture with US developer Oak View Group.www.placenorthwest.co.uk
Presumably CFG can use any income from the arena to spend on infrastructure or academies because that is exempt from FFP in its current form. On top of that we should be able to sell joint music/football sponsorships that will contribute to direct club revenues. So long term it could free up more cash to spend on the squad.
It's a fantastic business model which can be replicated in New York, China etc etc. No wonder our commercial rivals are shitting themselves. We could use the arena for NBA Basketball for example. Perhaps even a CFG team. Instead of slagging us off our rivals should be rising to the challenge.
I think thats true, though not sure how CFG income works for being distributed to the clubs incomes.I'm pretty sure because the arena is directly on the Etihad campus, the money we get back from it is classed as income, so can be used for any area, including transfers.
That's fantastic because it could open up a lot of sponsorship and hospitality revenue. In any case it looks like FFP is being scrapped in favour of some sort of wages control which should not do us that much damage if it is applied fairly to all clubs.I'm pretty sure because the arena is directly on the Etihad campus, the money we get back from it is classed as income, so can be used for any area, including transfers.
Has there been any talk about an increased or improved Metrolink service?