Media bias against City

[Prestwich_Blue]

This is a very simplistic way to explain it but if you lease a car worth £30k (and show that as such in your accounts) and your lease payments are going to be £12k over the term of the lease, you've a theoretical debt of £18k, being the difference between the value of the asset and what you are going to pay for it.

Actually, ignore that. It's a bit too simplistic. The way it works is that we work out the total amount we will owe under the lease term (which is in the accounts as £3.55m per annum. That includes an element of capital and a finance charge (i.e. interest). Then we knock off the estimated interest element over the life of the lease,which leaves the notional outstanding capital amount as a "debt".

So the debt in this case is effectively the value of the stadium.

 

[Jack Wills]

I don't know whether this signifies an agenda or more likely a complete feeling of apathy towards us, but it's annoying that despite the stats clearly showing we have attempted over 2,500 more short passes than any other team, the dickhead who wrote this article decided to have a wank about Chelsea instead of giving us any credit:
http://www.theguardian.com/football/blog/2015/mar/30/premier-league-stats-chelsea-manchester-united

 

[blueinsa]

I don't know whether this signifies an agenda or more likely a complete feeling of apathy towards us, but it's annoying that despite the stats clearly showing we have attempted over 2,500 more short passes than any other team, the dickhead who wrote this article decided to have a wank about Chelsea instead of giving us any credit:
http://www.theguardian.com/football/blog/2015/mar/30/premier-league-stats-chelsea-manchester-united

Cant be right. Fernando is down as having a near 92% pass accuracy and according to his thread on here he is the worst player to ever pull on a shirt! :-)

 

[Wilf Wild 1937]

This is a very simplistic way to explain it but if you lease a car worth £30k (and show that as such in your accounts) and your lease payments are going to be £12k over the term of the lease, you've a theoretical debt of £18k, being the difference between the value of the asset and what you are going to pay for it.

Actually, ignore that. It's a bit too simplistic. The way it works is that we work out the total amount we will owe under the lease term (which is in the accounts as £3.55m per annum. That includes an element of capital and a finance charge (i.e. interest). Then we knock off the estimated interest element over the life of the lease,which leaves the notional outstanding capital amount as a "debt".

So the debt in this case is effectively the value of the stadium.

So in theory the book value of the stadium is £67m?

It's actual value is much greater than that.

I still maintain that this is "good debt" and Harris has deliberately glossed over this fact.

We chose not to buy the stadium off Sports England, which would be the cheapest option, in order to maintain our relationship with MCC
but in theory we could do and could effectively make a killing.

 

[Prestwich_Blue]

I still maintain that this is "good debt" and Harris has deliberately glossed over this fact.

It's neither 'good' nor 'bad' I'd say. It's technical debt, not money we owe anyone which is what debt tends to be.

 

[Mr HJ]

I take with a pinch of salt all the rubbish that is written about us although I do believe that there is an agenda against us. The mail for example has a big article about the financial health of all EPL clubs. Chelsea have a £956million debt yet they summarise as - Chelsea are confirmed as a powerhouse on and off the pitch - whereas we are quoted at £67million debt yet they summarise as "despite the new tv deal and commercial gains with flop 42.5 million Mangala not helping as we continue to lose money. Even Arsenals debt is summarised as good debt due to the stadium - unbelievable and the article has zero credibility.

 

[Bill]

As it appears in the fail article.

Even though United fans were top for bad behaviour, the fail couldn't find a picture of United fans in it's extensive photographic database.

Fans of both Manchester United and Manchester City appeared high in the tables released by BTP

beyond belief.

seriously does anyone still think there is no agenda?

 

[Manchester_lalala]

As it appears in the fail article.

Even though United fans were top for bad behaviour, the fail couldn't find a picture of United fans in it's extensive photographic database.

Fans of both Manchester United and Manchester City appeared high in the tables released by BTP

beyond belief.

seriously does anyone still think there is no agenda?

Never really thought there was until the last few weeks. When I think about it, I don't really see it as hatred, I see it as city being easy targets. It's being going on for so long now, it's become the normal to take the piss out of us, despite how successful we've been over the years.

 

[stony]

I love the way the mailonline report on our interest in Kevin de Bruyne.

Man City step up chase for Chelsea flop De Bruyne as they meet up with representatives of £40m-rated star

 

[jrb]

The fail have gone into overdrive again.

The headline.

Falco, Di Maria, Mangala... so who finishes at No 1 in countdown of top 10 worst Premier League signings this season?

I won't go into the full list, but in at no4 is Falcao. In at No2 is Mangala. Mangala was only beaten by Emmanuel Riviere at Newcastle into 1st place.