Txiki Begiristain

And we could have made huge profits over the past 8 years on Kompany, Zabba, Silva, Toure, Aguero etc etc.

Call me old fashioned but I prefer supporting a club that cares more about trying to win things than making a profit that I'll never be spending personally.
But the club will be making a profit anyway. The much despised corporates and sponsorships only come about due to relative success on the pitch, high profile players and wide coverage and profit will be measured across the organisation not on one particular aspect, such as 'net spend' and player acquisition and disposal. As you say, we could have made 'profits' by getting rid of Hart, Kompany, Toure, Silva and Aguero at various points throuout the last 3-4 years but I'd bet that the 'company' would have made less if we had.
 
People fail to appreciate that disposing of players in this way could very well be part of our business model. Being an effective businessman is about making dispassionate and clinical decisions about assets that once were central to your business, but now are failing to deliver - a state of play that is likely to continue.

In those circumstances, you cut loose and accept that you're sometimes going to take an enormous hit. With the money now at the top of the English game, there's two ways of dealing with unwanted players; be lazy or ruthless about it. We've chosen the latter, which is definitely the lesser of the two evils. Things change in football; players sometimes don't work out, or go off the boil for a wide number of factors, which sometimes are nothing to do with what occurs on the pitch. It's always been the same in football, and as long as human beings remain the eternal constant in the equation, it's never going to change.
Very well put!! No one ever got rich on sentiment and in buisness, decisions are made for the betterment and not detriment of the club/firm. That is why we were fairly shite last year, MP's insistence on playing people who couldn't be arsed!!
 
Id say the football model is just like the business model.

City make profit even when they take a hit on players. Just as Asda takes a hit on binning perishable goods that aren't sold. Sure, we could make a bigger profit if we never sold a player at a loss, just as Asda could make a larger profit if they never threw stuff away.

But if we didn't sign new and better players for fear of losing money on deals then that would impact our chances at winning more trophies.

We are in a lucky position that the club making a profit shouldn't really matter to the fans. It would be nice to never lose out on a deal but I'd far rather we bought our targets in first, and strengthen the team, then worried about weakening our bargaining power when selling players on.
Fair points but not many assets depreciate as quickly as some of ours and indeed other teams assets do, with little if any return fiscally and productivity wise. In contrast the depreciation on a Silva, Sergio, Zab etc is understandable over a long period and with fantastic return over that period.
Asda's perishable goods as a comparison - somewhat tenuous - I imagine when signing the likes of Mangala and Bony it wasn't as a loss leader, however there must be the understanding that transfers that don't work out, whilst unintentional, are common place if not an inevitability in football.
Great football business and well done Txiki, an excellent window.
 
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2016-17 Arrivals

Player
Pos. Age From Fee
John Stones DF 22 Everton £47.5m
Leroy Sané AM 20 Schalke 04 £37m
Gabriel Jesus FW 19 Palmeiras £27m
İlkay Gündoğan CM 25 Borussia Dortmund £20.1m
Nolito AM 29 Celta Vigo £13.8m
Claudio Bravo GK 33 Barcelona £13.5m
Marlos Moreno AM 19 Atlético Nacional £4.75m
Gerónimo Rulli GK 24 Deportivo Maldonado £4m
Oleksandr Zinchenko AM 19 FC Ufa £1.7m
Aaron Mooy CM 25 Melbourne City Undisc.
Pablo Marí CB 22 Gimnàstic de Tarragona Undisc.
Benjamin Garré AM 16 Velez Sarsfield Undisc.
Lorenzo Gonzalez FW 16 Servette Undisc.
Ian Carlo Poveda AM 16 Brentford Undisc.
Pawel Sokol GK 16 Korona Kielce Undisc.
Louie Moulden GK 15 Liverpool Undisc.

2016-17 Departures

Player
Pos. Age To Fee
Seko Fofana CM 21 Udinese £2.5m
Florian Lejeune CB 25 SD Eibar £1.2m
Mathias Bossaerts CB 19 KV Oostende Free
Martín Demichelis CB 35 Unattached Free
Richard Wright GK 38 Unattached Free
Charlie Albinson GK 19 Unattached Free
Nathaniel Oseni CB 19 Unattached Free
Wilfried Bony FW 27 Stoke City Loan (£2m)
Joe Hart GK 29 Torino Loan
Samir Nasri AM 29 Sevilla Loan
Eliaquim Mangala CB 25 Valencia CF Loan
Jason Denayer CB 21 Sunderland Loan
Gerónimo Rulli GK 22 Real Sociedad Loan
Bruno Zuculini CM 23 Rayo Vallecano Loan
Oleksandr Zinchenko AM 19 PSV Eindhoven Loan
Aaron Mooy CM 25 Huddersfield Town Loan
Rubén Sobrino FW 24 Alavés Loan
Enes Ünal FW 19 FC Twente Loan
Bersant Celina AM 19 FC Twente Loan
Shay Facey CB 21 sc Heerenveen Loan
Jack Byrne CM 20 Blackburn Loan
Kean Bryan CB 19 Bury Loan
George Glendon CM 21 Fleetwood Town Loan
Sinan Bytyqi AM 21 Go Ahead Eagles Loan
Luke Brattan CM 26 Melbourne City Loan
Anthony Cáceres CM 23 Melbourne City Loan
Ashley Smith-Brown LB 20 NAC Breda Loan
Brandon Barker AM 19 NAC Breda Loan
Manu García AM 18 Alavés Loan
David Faupala FW 19 NAC Breda Loan
Thomas Agyepong AM 19 NAC Breda Loan
Divine Naah AM 20 FC Nordsjælland Loan
Yaw Yeboah AM 19 FC Twente Loan
Callum Bullock RB 18 Crewe Alexandra U23s Loan
Ernest Agyiri CM 18 Vålerenga Fotball Loan
 
2016-17 Arrivals

Player
Pos. Age From Fee
John Stones DF 22 Everton £47.5m
Leroy Sané AM 20 Schalke 04 £37m
Gabriel Jesus FW 19 Palmeiras £27m
İlkay Gündoğan CM 25 Borussia Dortmund £20.1m
Nolito AM 29 Celta Vigo £13.8m
Claudio Bravo GK 33 Barcelona £13.5m
Marlos Moreno AM 19 Atlético Nacional £4.75m
Gerónimo Rulli GK 24 Deportivo Maldonado £4m
Oleksandr Zinchenko AM 19 FC Ufa £1.7m
Aaron Mooy CM 25 Melbourne City Undisc.
Pablo Marí CB 22 Gimnàstic de Tarragona Undisc.
Benjamin Garré AM 16 Velez Sarsfield Undisc.
Lorenzo Gonzalez FW 16 Servette Undisc.
Ian Carlo Poveda AM 16 Brentford Undisc.
Pawel Sokol GK 16 Korona Kielce Undisc.
Louie Moulden GK 15 Liverpool Undisc.

2016-17 Departures

Player
Pos. Age To Fee
Seko Fofana CM 21 Udinese £2.5m
Florian Lejeune CB 25 SD Eibar £1.2m
Mathias Bossaerts CB 19 KV Oostende Free
Martín Demichelis CB 35 Unattached Free
Richard Wright GK 38 Unattached Free
Charlie Albinson GK 19 Unattached Free
Nathaniel Oseni CB 19 Unattached Free
Wilfried Bony FW 27 Stoke City Loan (£2m)
Joe Hart GK 29 Torino Loan
Samir Nasri AM 29 Sevilla Loan
Eliaquim Mangala CB 25 Valencia CF Loan
Jason Denayer CB 21 Sunderland Loan
Gerónimo Rulli GK 22 Real Sociedad Loan
Bruno Zuculini CM 23 Rayo Vallecano Loan
Oleksandr Zinchenko AM 19 PSV Eindhoven Loan
Aaron Mooy CM 25 Huddersfield Town Loan
Rubén Sobrino FW 24 Alavés Loan
Enes Ünal FW 19 FC Twente Loan
Bersant Celina AM 19 FC Twente Loan
Shay Facey CB 21 sc Heerenveen Loan
Jack Byrne CM 20 Blackburn Loan
Kean Bryan CB 19 Bury Loan
George Glendon CM 21 Fleetwood Town Loan
Sinan Bytyqi AM 21 Go Ahead Eagles Loan
Luke Brattan CM 26 Melbourne City Loan
Anthony Cáceres CM 23 Melbourne City Loan
Ashley Smith-Brown LB 20 NAC Breda Loan
Brandon Barker AM 19 NAC Breda Loan
Manu García AM 18 Alavés Loan
David Faupala FW 19 NAC Breda Loan
Thomas Agyepong AM 19 NAC Breda Loan
Divine Naah AM 20 FC Nordsjælland Loan
Yaw Yeboah AM 19 FC Twente Loan
Callum Bullock RB 18 Crewe Alexandra U23s Loan
Ernest Agyiri CM 18 Vålerenga Fotball Loan
You missed Dzeko off (seriously):

http://www.transfermarkt.co.uk/manchester-city/transfers/verein/281/saison_id/2016
 
2016-17 Arrivals

Player
Pos. Age From Fee
John Stones DF 22 Everton £47.5m
Leroy Sané AM 20 Schalke 04 £37m
Gabriel Jesus FW 19 Palmeiras £27m
İlkay Gündoğan CM 25 Borussia Dortmund £20.1m
Nolito AM 29 Celta Vigo £13.8m
Claudio Bravo GK 33 Barcelona £13.5m
Marlos Moreno AM 19 Atlético Nacional £4.75m
Gerónimo Rulli GK 24 Deportivo Maldonado £4m
Oleksandr Zinchenko AM 19 FC Ufa £1.7m
Aaron Mooy CM 25 Melbourne City Undisc.
Pablo Marí CB 22 Gimnàstic de Tarragona Undisc.
Benjamin Garré AM 16 Velez Sarsfield Undisc.
Lorenzo Gonzalez FW 16 Servette Undisc.
Ian Carlo Poveda AM 16 Brentford Undisc.
Pawel Sokol GK 16 Korona Kielce Undisc.
Louie Moulden GK 15 Liverpool Undisc.

2016-17 Departures

Player
Pos. Age To Fee
Seko Fofana CM 21 Udinese £2.5m
Florian Lejeune CB 25 SD Eibar £1.2m
Mathias Bossaerts CB 19 KV Oostende Free
Martín Demichelis CB 35 Unattached Free
Richard Wright GK 38 Unattached Free
Charlie Albinson GK 19 Unattached Free
Nathaniel Oseni CB 19 Unattached Free
Wilfried Bony FW 27 Stoke City Loan (£2m)
Joe Hart GK 29 Torino Loan
Samir Nasri AM 29 Sevilla Loan
Eliaquim Mangala CB 25 Valencia CF Loan
Jason Denayer CB 21 Sunderland Loan
Gerónimo Rulli GK 22 Real Sociedad Loan
Bruno Zuculini CM 23 Rayo Vallecano Loan
Oleksandr Zinchenko AM 19 PSV Eindhoven Loan
Aaron Mooy CM 25 Huddersfield Town Loan
Rubén Sobrino FW 24 Alavés Loan
Enes Ünal FW 19 FC Twente Loan
Bersant Celina AM 19 FC Twente Loan
Shay Facey CB 21 sc Heerenveen Loan
Jack Byrne CM 20 Blackburn Loan
Kean Bryan CB 19 Bury Loan
George Glendon CM 21 Fleetwood Town Loan
Sinan Bytyqi AM 21 Go Ahead Eagles Loan
Luke Brattan CM 26 Melbourne City Loan
Anthony Cáceres CM 23 Melbourne City Loan
Ashley Smith-Brown LB 20 NAC Breda Loan
Brandon Barker AM 19 NAC Breda Loan
Manu García AM 18 Alavés Loan
David Faupala FW 19 NAC Breda Loan
Thomas Agyepong AM 19 NAC Breda Loan
Divine Naah AM 20 FC Nordsjælland Loan
Yaw Yeboah AM 19 FC Twente Loan
Callum Bullock RB 18 Crewe Alexandra U23s Loan
Ernest Agyiri CM 18 Vålerenga Fotball Loan

What happened with Jovetic fee?
 
Pretty sure Jovetic's stay at Inter is made permanent (£13m) in January.
One of the 'issues' with these 'loans/obligations to buy' is that they tend to get lost in the void when the media prints up their transfer lists

On the loans, if the following reports are true, City will save between 300-400k (depending on how much of Mangala's wages Valencia are paying)
  • Stoke will pay 100% of Bony's wages + a £2m loan fee
  • Sevilla will pay 65% of Nasri's 120k wages
  • Torino will pay 45% of Hart's 130k wages
  • Mangala's 100k wages - unknown as of yet

That's around £20m for the year.

If Bony bangs in goals at Stoke we'll get a better price next year(or in January) than we would hope to get this summer.
 
We haven't sold anyone so far as I can see.
In actual fact we've sold 2 players.

Edin Dzeko for £9.35 mill, Florian Lejeune for a £1 mill profit and we'll sell Gerónimo Rulli for a £1.95 mill profit in January along with Jovetic (presumably).

Okay, not that many ;)
 

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