Vienna_70
Well-Known Member
- Joined
- 18 Jun 2009
- Messages
- 40,419
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- Treble Winners 2022/23.
Shouldn’t we be calling it Sad Cafe these days ...
Maybe, because Every Day Hurts.
Shouldn’t we be calling it Sad Cafe these days ...
"It's incredible to hear people putting City's success down to only spending money when we've been guilty of relentlessly spending money for 5 years and have feck all to show for it. It's not as "easy" as just spending money. We're proof of that."
"The greatest achievement of Jose so far is convincing us that this is the best anyone can do with the resources at his disposal.
Amazing."
Agree, they shift PEG and for me they will be top 4 with potential to challenge if replaced with the right person. Got it wrong three times, fingers crossed four times soonI’m sorry, but I can’t agree with you that that we can just ignore the rags now.
For all the years that we we no threat to them, they took the piss relentlessly. 30 years of having to suck it up cannot simply be forgotten overnight.
Their recent results, especially the win in Turin, show that they are still capable of pulling off wins when it looks like they’re going to lose.
The rags might be shit, but we ignore them at our peril.
Their recent results, especially the win in Turin, show that they are still capable of pulling off wins when it looks like they’re going to lose.
All the hype over spending and backing the manager is misplaced blame in my opinion.
Transfer fees get the headlines but in reality there is no visibility in to the exact figures, the press tend to narrow down on a number based on speculation at the time. The real numbers you can reliably work with come from the accounts and so are a bit historic but there are 4 figures you can quote with relative certainty: Wages, Other fees (covering Agent Fees), Transfer fee amortisation (fees for current players divided over the length of contacts) and any profit on player sales. There is as always some detail behind the number we don't know but this is the best indication of 'investment' and 'backing the manager' you are going to get.
Swiss Ramble does a good job in isolating these figures for all clubs and when you look at both clubs for the last set of accounts this is what you get:
Rags - Man City
Wages: £263.5 - £243.8
Other fees : £117.0 - £98.4
Player Amortization : £129.9 - £124.9
Profit on player sales : +£10.9 - +£34.6
So rags outspend us in every department when you look at the audited figures. They don't reflect the current squad but I don't envisage much change - Mahrez the only big addition for us. A couple for them including Sanchez, Fred and Dalot that are not in these figures. So we are not by any stretch outspending them.
That said - i'm not arsed by the narrative. Let them deflect from the real problems. Let them think they are not spending the money. Let them blame Edd and the board.
Bumping this as the qtr results out today for the rags. Income down 6%, profit down 23%.
Wages up 10% to £77m - that is going to be over £300m for the full year.
So this not investing in the squad narrative....