When will City pass Utd's revenue?

[whp.blue]

Just going off revenue is a bit misleading, they spend their money very badly. We need to just keep on winning on the field and in the transfer market. As each year goes by they will become more desperate and this will mean they will become even more rash in the way they operate.

 

[Tim of the Oak]

It always makes me chuckle that football supporters get such a massive hard-on for how big their club is (or perceived to be)

We are Massive

 

[TravisBickle]

This, people, is what we call a raggy thread. I would expect this on ragcafe, come on guys.

Who is the biggest club? Seriously who cares. As long as we are the best on the pitch does anyone, apart from the people within the club that are paid to care, really give a shit if we have more or less commercial revenue that United?

Totally agree mate.

 

[blueincy]

Build the North stand!!

 

[Marvin]

Totally agree mate.

But you care if we win right? One follows the other.

Why are we successful now, and we weren't under Swales? Money, and competent educated people in the right places.

 

[Magicpole]

Consider yourself one of the family, :-)

In relative terms, we are a rummage down the back of the sofa, club.

I don’t get worked up about it, or have hostile feelings as some sad bastards do. Good luck to those who have been backed. Especially you lot who stuck by your team when you had fuck all money.

A song from that wonderful film that suits us has the line

If you don’t mind having to do without things, it’s a fine life, a fine life.

As long as you have Pep I think Utd et al will be chasing your tail regardless of how much more of a turnover they have.

The lad has a future if he sticks in. :)

 

[old blue]

In relative terms, we are a rummage down the back of the sofa, club.

I don’t get worked up about it, or have hostile feelings as some sad bastards do. Good luck to those who have been backed. Especially you lot who stuck by your team when you had fuck all money.

A song from that wonderful film that suits us has the line

If you don’t mind having to do without things, it’s a fine life, a fine life.

As long as you have Pep I think Utd et al will be chasing your tail regardless of how much more of a turnover they have.

The lad has a future if he sticks in. :)

Well said, Mate.

 

[crazyg]

In relative terms, we are a rummage down the back of the sofa, club.

I don’t get worked up about it, or have hostile feelings as some sad bastards do. Good luck to those who have been backed. Especially you lot who stuck by your team when you had fuck all money.

A song from that wonderful film that suits us has the line

If you don’t mind having to do without things, it’s a fine life, a fine life.

As long as you have Pep I think Utd et al will be chasing your tail regardless of how much more of a turnover they have.

The lad has a future if he sticks in. :)

We're just the same, believe it or not, but we have the Sheik's sofa.

 

[Txiki Txiki Bang Bang]

We would have to embrace some of the things we criticize the Rags for, example - shirt sales in Asia, we might have to sign a renowned Japanese youth footballer (like the gronigen kid we were linked with), moves like this could open us up to the large Japanese market, if we are looking to become a global brand then we might as well embrace globalization.

 

[KS55]

This, people, is what we call a raggy thread. I would expect this on ragcafe, come on guys.

Who is the biggest club? Seriously who cares. As long as we are the best on the pitch does anyone, apart from the people within the club that are paid to care, really give a shit if we have more or less commercial revenue that United?

This^. The concentration on who is the biggest is just fetishism. What counts is how much money is available for team matters, i.e. transfers, wages, etc. Our playing budget will always be boosted by the owners not extracting any divis etc. I dont care who has a bigger income, more global supporters etc. as long as we are the best on the pitch. As long as we have Pep, we will be.

 

[KS55]

KPMG's enterprise value is subjective, tho' I dont say they are wrong. The strength of the balance sheet is more important, and the only true picture of value is the market price of the shares.

 

[Magicpole]

We're just the same, believe it or not, but we have the Sheik's sofa.

I wonder if he has a comfy chair he could give us. Double our budget at a stroke. :)

 

[KS55]

It's net debt I think. Debt plus cash assets.

From their 3rd quarter report

"Net debt as of 31 March 2018 was £301.3 million, a decrease of £65.0 million over the year. The gross USD debt principal remains unchanged."

Last bit is interesting. The Glazers said that half the proceeds of the sale of (non voting) shares on NYSE, would be applied to reducing the principle debt. Looks like tney have forgotten that. Quelle surprise.

 

[TravisBickle]

But you care if we win right? One follows the other.

Why are we successful now, and we weren't under Swales? Money, and competent educated people in the right places.

Yeah it’s great we’re winning a lot more these days, but I don’t really care at all if Utd or whoever else it might be have more fans than us.
We have always been a well supported club no matter what league we’ve been in.
The glory hunters will come of course, but I couldn’t care less if we’re not the best supported club in the world.

 

[Jalfraag]

KPMG's enterprise value is subjective, tho' I dont say they are wrong. The strength of the balance sheet is more important, and the only true picture of value is the market price of the shares.

Subjective is one word but shite is better. PB explained why a page or two back.

 

[KS55]

Subjective is one word but shite is better. PB explained why a page or two back.

Yes, but his technical knowledge far exceeds my capacity to understand it.

 

[Bluesince1979]

Yeah it’s great we’re winning a lot more these days, but I don’t really care at all if Utd or whoever else it might be have more fans than us.
We have always been a well supported club no matter what league we’ve been in.
The glory hunters will come of course, but I couldn’t care less if we’re not the best supported club in the world.

Always said that as long as the 30k are there that stuck by us through the shit times, im not fussed about the rest.

 

[worsleyweb]

Who cares? We have a better team and a more pleasant fan base and stadium and more class about us as a club.

That’s all that counts.

 

[Lancet Fluke]

Who cares?

That's a better question than the one in the thread title.

 

[Silva2021]

I’m probably in the minority as I do find it interesting.

It comes to commmerical, match day and broadcasting revenue. Broadcasting we are very similar, match day we get about 60% and I don’t see us catching up any time soon. Commercial we are behind but can close the gap but would be tough to pass any time soon. Good or bad there newsworthy and sponsors like that. We have been able to catch up quickly but as we get closer the increases will be harder to find.

The only advantage to me of more revenue is more to spend wages, transfers and we seem very similar to United to me.

They have the debt which costs money and we have an academy that generates money. The CFG group, academy and our scouting network gives us a huge advantage on getting the young talent, so in time various places squad will be filled very cheaply anyway.

The squad needs little investment this season compared to some and if a superstar came available such as Hazard etc. We would have the money for the fee and a high enough wage to meet there market value. When Aguero needs replacing or if B.Silva does not fill D.Silva boots and a player is identified who we feel would, the funds will be found.