PannickAtTheDisco
Well-Known Member
The BT deal for the CL boosted the UEFA revenues quite a bit, but now they're sharing subscriptions with Sky I can't see it staying that high as it hasn't done that well for them.
This is correct & I'm amazed Wenger wasn't called out about it .The use of the terms 'oil money' and 'petrol money' is nothing more than a racist euphemism.
2 years ago, City Football Group (the owners of Man City) sold 13% of their shares to Chinese investors for £265M, valuing the club at $3 billion.Do any of you accountant types have any idea how much has been invested in our club since the takeover and how much the total worth of the club is now.
The use of the terms 'oil money' and 'petrol money' is nothing more than a racist euphemism.
Roughly it's £200M purchase price plus £1.1bn investment.2 years ago, City Football Group (the owners of Man City) sold 13% of their shares to Chinese investors for £265M, valuing the club at $3 billion.
https://www.theguardian.com/football/2015/dec/01/manchester-city-265m-deal-chinese-investment-group
3 years on since UEFA and PL FFP, and the thick f***'s, this United fan from Norway, still think........
Red Cafe.
Because loans are leveraged against the profit the club already makes, therefore you must have had some success and be of a certain size to get huge loans.
Also loans isn't an endless resource. If you've taken out a huge loan you can't go and do it again, without some serious consequence.
Meanwhile clubs like City and PSG can just keep returning to daddy for more sugar, totally detached from reality[\b]
He isn't the only one. The City thread, one of many City threads on there, is full of United idiots who still think Sheikh Mansour is funding the club and buying players out of his own money.
The 'self made money', #istory mantra posted continually by their fans is a joy to be hold.
No mention of the £400mill debt, selling their beloved club to every tom, dick and harry around the world via the NYSE, moving money about via loans, hedge funds, finacial corporations, banks, refinancing, Delaware, the Cayman Islands, owners who still bleed the club dry, praying, hoping and thinking that an Arab owner would buy United so they would be able to compete with Sheikh Mansour and City(remember that?), supporting and backing(Gill) FFP to kill off any other club with aspirations of breaking into the UEFA and PL cartel, carving up the Sky money in 93 when Football first started, keeping the away money that used to be shared between the clubs, etc. The list is endless. But not one of them has the balls to post any of the above and admit their club is no better. In their warped mind it's all self made money. No loans, no bank deals, no share deals, no hedge funds, no dodgy deals, nothing underhand behind closed doors, just money through the turnstiles from the plastics and day trippers that has kept United at the top for decades.
F*** off, you two faced, lieing Rag, c***s!