Bluemoon115
Well-Known Member
Explain how City aren't, in detail, or apologise for that remark.THFC6061 said:Our club is run on sound business principles, whereas yours isn't.
It's as simple as that.
Explain how City aren't, in detail, or apologise for that remark.THFC6061 said:Our club is run on sound business principles, whereas yours isn't.
It's as simple as that.
Bluemoon115 said:Explain how City aren't, in detail, or apologise for that remark.THFC6061 said:Our club is run on sound business principles, whereas yours isn't.
It's as simple as that.
THFC6061 said:Bluemoon115 said:Explain how City aren't, in detail, or apologise for that remark.THFC6061 said:Our club is run on sound business principles, whereas yours isn't.
It's as simple as that.
Well for starters, the last set of financial figures available has City spending 106.4% of their total income on player's wages.
UEFA recommend a maximum spend of no more than 70% to be financially viable.
Any business, be it a football club or anything else, can't spend more than it's total income on wages and expect to be run on sound financial principles.
The season previous to that had City declaring a loss of £89.7 million - the highest figure in the Premier League that season.
http://www.myfootballfacts.com/PremierLeagueFinances.html
THFC6061 said:Bluemoon115 said:Explain how City aren't, in detail, or apologise for that remark.THFC6061 said:Our club is run on sound business principles, whereas yours isn't.
It's as simple as that.
Well for starters, the last set of financial figures available has City spending 106.4% of their total income on player's wages.
UEFA recommend a maximum spend of no more than 70% to be financially viable.
Any business, be it a football club or anything else, can't spend more than it's total income on wages and expect to be run on sound financial principles.
The season previous to that had City declaring a loss of £89.7 million - the highest figure in the Premier League that season.
http://www.myfootballfacts.com/PremierLeagueFinances.html
THFC6061 said:Bluemoon115 said:Explain how City aren't, in detail, or apologise for that remark.THFC6061 said:Our club is run on sound business principles, whereas yours isn't.
It's as simple as that.
Well for starters, the last set of financial figures available has City spending 106.4% of their total income on player's wages.
UEFA recommend a maximum spend of no more than 70% to be financially viable.
Any business, be it a football club or anything else, can't spend more than it's total income on wages and expect to be run on sound financial principles.
The season previous to that had City declaring a loss of £89.7 million - the highest figure in the Premier League that season.
http://www.myfootballfacts.com/PremierLeagueFinances.html
As I said earlier, your assessment is wholly and utterly blighted by short-term thinking. Thankfully our owner is not so afflicted.THFC6061 said:Well for starters, the last set of financial figures available has City spending 106.4% of their total income on player's wages.
UEFA recommend a maximum spend of no more than 70% to be financially viable.
Any business, be it a football club or anything else, can't spend more than it's total income on wages and expect to be run on sound financial principles.
The season previous to that had City declaring a loss of £89.7 million - the highest figure in the Premier League that season.
http://www.myfootballfacts.com/PremierLeagueFinances.html
THFC6061 said:Well for starters, the last set of financial figures available has City spending 106.4% of their total income on player's wages.
UEFA recommend a maximum spend of no more than 70% to be financially viable.
Any business, be it a football club or anything else, can't spend more than it's total income on wages and expect to be run on sound financial principles.
quiet_riot said:THFC6061 said:Mansour and co didn't get to where they are by being shit at running businesses you know.