Manchester City releases 2023-24 Annual Report | Record £715m revenue, profit of £73m

[cheekybids]

So they enjoyed unlimited spending with unlimited debts for a 25 year period when their revenues were massively higher than any other club. Perhaps they need an asterix alongside their titles!

& did Tompkins look at the Dippers to see how many times they would have failed FFP.

 

[Damocles]

& did Tompkins look at the Dippers to see how many times they would have failed FFP.

I fear not.

To be honest, I might be wrong on the author but it definitely existed. Do you remember that twat who used to own financialfairplay.com and made up a bunch of horseshit about us then deleted it when it was shown he was talking shite? It was during that era. Think he was called Ed. I posted it as a comment on his blog once.

 

[cheekybids]

I fear not.

To be honest, I might be wrong on the author but it definitely existed. Do you remember that twat who used to own financialfairplay.com and made up a bunch of horseshit about us then deleted it when it was shown he was talking shite? It was during that era. Think he was called Ed. I posted it as a comment on his blog once.

Was he the fella who worked for a bank ?

 

[manimanc]

This is good if anyone wants a proper analysis btw from a non-City fan

Manchester City FC: 2023/24 Financial Results

Overview of P&L, Investment, Cash Flow, and Debt

gregcordell.substack.com

Damn fine read.
Thanks for posting.

 

[Damocles]

Was he the fella who worked for a bank ?

Yeah he was definitely some sort of banker

 

[cheekybids]

Yeah he was definitely some sort of banker

For a while I was getting him mixed up with Harris.

 

[Damocles]

For a while I was getting him mixed up with Harris.

I always thought he was probably a banker too

 

[Maly]

5:1 was 89 they floated in 1991 So you were spot on

Ok, so 1988-90 they spent the banks cash to get going

Then when that ran out, as you say, circumnavigated the financial rules of the time by floating their holding company in 1991, to splurge even more & gain even more of an advantage

1992 Cut the PL deal to gain an even bigger advantage

1998 were part of the G14 who decided that the best thing for football would be more than than one team per country in the CL to generate those 14 clubs more revenue

Since 2008 I’ve repeatedly been told that’s what ‘organic growth’ & a level playing field looks like :)

 

[cheekybids]

Ok, so 1988-90 they spent the banks cash to get going

Then when that ran out, as you say, circumnavigated the financial rules of the time by floating their holding company in 1991, to splurge even more & gain even more of an advantage

1992 Cut the PL deal to gain an even bigger advantage

1998 were part of the G14 who decided that the best thing for football would be more than than one team per country in the CL to generate those 14 clubs more revenue

Since 2008 I’ve repeatedly been told that’s what ‘organic growth’ & a level playing field looks like :)

Benefitted from shared gate receipts when they didn’t have the biggest gates.

 

[MillionMilesAway]

I fear not.

To be honest, I might be wrong on the author but it definitely existed. Do you remember that twat who used to own financialfairplay.com and made up a bunch of horseshit about us then deleted it when it was shown he was talking shite? It was during that era. Think he was called Ed. I posted it as a comment on his blog once.

Ed Thompson, I think.