Since the takeover, the owners have spent 2.1bn
Forbes currently value the club at 2.9bn
So yes, currently in profit. Although, how much of this value is directly linked to the potential capital from Abu Dhabi investment? Also, add another 300 million on for stadium expansion and player recruitment in the summer.
Anyway, this is the wrong thread for this conversation.
So as it stands, with the figures you’ve just stated, the Middle Eastern guy who purchased MCFC in 2008 has, including his owner investment, made just shy of £1 billion if he were to sell the club at the clubs current value
Can you explain how his investment is nothing to do with making profit & only about ‘brand’, when he would clearly make profit if he were to sell?
If it’s only about brand & marketing, nothing to do with profit & money is no object, why sell shares to Silverlake? Why partner with Co-Op & others to build a world class venue on campus, why not partner with an Abu Dhabi company instead of Co-Op if it’s only about brand marketing & not profit? Why call it the Co-Op arena as I’m quite certain they aren’t an Abu Dhabi based company
What Abu Dhabi brand marketing is there with the agreement (forgotten it’s name) with Manchester Council to provide housing?
What about the CFG? Is that a Global branding or sportswashing project taking place? If so, why not call it the Abu Dhabi Football Group
You mention £300m in the summer, which suggests that 1 - we would have to pay all £300m in one go & 2 - we don’t generate any money, so the £300m will be more investment from Sheik Mansour
& on top of all of this, Khaldoon has spoken about heavily investing initially, whilst having a plan to be self sufficient, which he’s delivered on
Seems like you’re looking at this through the tiny prism of what the pricks in the press say about City, instead of using your noggin & doing a bit of critical thinking mate
Who would ever invest the best part of £2 billion & not want a return on investment or to put it another way, who would invest 12% of their net worth on something & not expect a return?
I’ll leave it bud as I’m boring myself now, but I genuinely can’t believe you’ve bought into the sportswashing nonesene