Re: Has City explained the logic of buying other football cl
You all probably are aware that Soriano started this idea years ago in Barcelona. FCB was very close to get a team in Miami (there was a choice between New York and Miami), but retreated from the deal in the last minute. Part of it was the financial drain, another part was how MLS works, where clubs are just franchises, and are not independent entities, and can't fully control the transfers.
The whole idea was explained like this: Barcelona just hit the ceiling in income. In Laporta's presidency annual revenue went up from 200M to 400M, and that was the ceiling. They couldn't increase the revenue much more, whatever they did. If they start a club in US, with all the know-how they've got, and considering that football will grow (as US underdeveloped country in football sense but developed country in any other sense, with good possibility of growth), they could reach a new ceiling there. And make a lot of money. But at the end, it didn't happen. FCB didn't have that much money to spend on another continent (instead of at home) in hope that investment will pay off some 10 years down the road.
But sheikh has all that. Money and time. City has know-how. They may not fully reach the ceiling in Manchester, but could be close, and anyway FPP limits how much money they can pour in Manchester. If you have money, time and know-how, you may try to replicate home success story elsewhere.
You all probably are aware that Soriano started this idea years ago in Barcelona. FCB was very close to get a team in Miami (there was a choice between New York and Miami), but retreated from the deal in the last minute. Part of it was the financial drain, another part was how MLS works, where clubs are just franchises, and are not independent entities, and can't fully control the transfers.
The whole idea was explained like this: Barcelona just hit the ceiling in income. In Laporta's presidency annual revenue went up from 200M to 400M, and that was the ceiling. They couldn't increase the revenue much more, whatever they did. If they start a club in US, with all the know-how they've got, and considering that football will grow (as US underdeveloped country in football sense but developed country in any other sense, with good possibility of growth), they could reach a new ceiling there. And make a lot of money. But at the end, it didn't happen. FCB didn't have that much money to spend on another continent (instead of at home) in hope that investment will pay off some 10 years down the road.
But sheikh has all that. Money and time. City has know-how. They may not fully reach the ceiling in Manchester, but could be close, and anyway FPP limits how much money they can pour in Manchester. If you have money, time and know-how, you may try to replicate home success story elsewhere.