Financial Results

[mancity dan]

Question. When do our financial results come out for the year 10/11??

 

[Wafty Cranker]

Pretty sure they don't have to give much information out these days though with the new owners and all that. I think City's financial year used to end in May, so what limited information you might get you'll still be waiting a while for yet.

 

[TBooksbluearmy]

It dosen't matter the accounts can be viewed at Company's House in London for a fee. All business's have to lodge them at Company's House whether they are in private hands or a public company which is quoted on the Stock Exchange.

 

[mancity dan]

Pretty sure they don't have to give much information out these days though with the new owners and all that. I think City's financial year used to end in May, so what limited information you might get you'll still be waiting a while for yet.

Thanks mate

 

[Blue Haze]

It was announced beginning of October last year.

<a class="postlink" href="http://www.guardian.co.uk/football/2010/oct/01/manchester-city-annual-report-huge-loss" onclick="window.open(this.href);return false;">http://www.guardian.co.uk/football/2010 ... -huge-loss</a>

 

[S04]

I think this year we´ll show our biggest loss ever..The media will go into overdrive lol.

The coming years will be better..

 

[Outrun]

Anyone know why we're a bit behind other teams?

 

[Joga Bonito]

Pretty sure they don't have to give much information out these days though with the new owners and all that. I think City's financial year used to end in May, so what limited information you might get you'll still be waiting a while for yet.

<a class="postlink" href="http://annualreport.mcfc.co.uk/" onclick="window.open(this.href);return false;">http://annualreport.mcfc.co.uk/</a>

We set up an entire site specifically for it last season, trust me they give out plenty of information.

 

[fortunate son]

the day citys financial results are published = the media's favourite day

 

[Prestwich_Blue]

Anyone know why we're a bit behind other teams?

We don't have to file accounts as a private company until 10 months after year end (I think) so that's March next year. As a public company it was 6 months and they waited until the last possible moment.

However the club do it as soon as they can, once the auditors & directors have signed the accounts off. They don't have to release them publicly although they do have to file at Companies House from where you can download them for £1.

But kudos to the club for putting them on the OS so everyone can see them.