City do not run a profitable business.
Yes they do as the UEFA succeed accounts show.
City have above market value sponsorships from a dozen companies that have ties with your ownership.
No they don’t. They receive £40m from Etihad for shirt sponsor, stadium sponsor and campus sponsorship. That's now hugely undervalued but is up for renewal at the end of next year.
Hence the reason that your commercial income has increased from £18m in 2009 to £218m in 2017.
Combined with winning the league twice, being in the CL each and every year and winning three other domestic cup trophies. Commercial revenue follows success and there are few clubs talked and written about more these days in the U.K. Than Man City. Hell, even an American company are giving us a load of money to film the inner sanctums for a season (more on that later).
City have the same business model as PSG - although the former are a bit more surreptitious than the latter in having a dozen deals at £10-15m per annum above market value, rather than one deal worth £175m.
You just make stuff up don't you, City have far more sponsors than those linked to AD. There's the main sponsor Etihad, then Etisalat, AD Tourism authority, Aarbar.
The none AD sponsors are Nissan, Nike, Nexen, SAP, Hays, Wix, Gatorade, QNET, Valvoline, Ubtech, Techno, Mundipharma, EA sports, Wega, DSquared, Wolfblass, Eaton and healthpoint.
And on top of that Amazon chose City for the season long documentary for a minimum £10m.
You've no basis in fact for what you say above in the slightest.
It's no coincidence that your kit deal is worth a paltry £12m per annum - although I'm sure "Abu Dhabi football kits" will be incorporated in time for your 2019 deal - I imagine at £70m+ a season.
Yes £12m doesn't seem huge however it was low because it was a ten year deal signed before we'd even played in the CL or Europa, he'll it was signed before we even had Sven.
Now we are looking at £50m to start the bidding. Shows how far we've come in ten years. (suppose Puma are middle eastern now?)
http://www.dailymail.co.uk/sport/fo...City-hit-jackpot-50million-Puma-kit-deal.html
That's before even talking about the dodgy practice of having non-football staff employed by the holding company instead of City in order to deflate your wage bill to the tune of 20%+.
Yes I'm sure Anne the tea lady commands £10k per week.
Look, if you want to just make up figures because it makes you feel better or superior then go right ahead but I'll reserve the right to ask you to back anything up as I know full well that you can't. You may think you know all about the finances of MCFC but you're an amateur compared with a City fan that does actually know the situation. We've lived through preFFP, FFP and now profit and know it all like the back of ours hands. But as I say, if rolling out every cliché about City and their revenue makes you feel better after the weekend then enjoy.
Have a good Christmas.
What is the end game for City and PSG owners. Are they trying to make profits in the end? Do they wash money? Are the clubs just toys, like a new lambo. Are they really huge football fans or business men?
Abramovich wasn't super rich like these guys, he did some money washing. Also he did turn Chelsea huge, and the boat is run very tight nowadays without throwing money. I belive Abramovich made profit.
Mansour would make a profit tomorrow. £850m spent in total. Valued at £2bn when he sold 13% to the Chinese.
I suspect that because City's cash is not self generated
Please see above. It wasn’t 9 years ago. It is now.
I prefer contempt rather than disgust.
Utter contempt.
Well if you prefer it then I hope you get lots. :-)
The 16th century version of "who pays for city's beautifull game" would be "who pays for the beautifull works of Leonardo Da Vinci"? Shall we refrain to admire his works, and rather look at it with disgust for what allowed it to come about?
Well said.
Anyone who thinks a team that can't fill their 55000 seater stadium can perform not only much better commercially than teams like Arsenal, Liverpool and Chelsea;
Ignoring the fact that we sell out each league game (but I love that you’re so wound up and bent out of shape you fall back to the classics), which shirt appears on TV more regularly, City or Arsenal. Which side has won more things this decade, City or Liverpool?
Considering the largest one is Nissan at under £20m, followed by Nike at £12m and Nexus tyres at £7m I'd love to see where the remaining £155m of that 88% come from... Here's a hint - it's TCA Abu Dhabi, Etisalat, Etihad, Saudi Bank, Aabar, First Gulf Bank
Well two things here, you made the Saudi Bank link up and Saudi isn’t part of the UAE anyway.
You also missed off these other non UAE partners (further to the ones I already listed above), Betsafe, Heineken, SHB Bank, CITI, Khymer Beverages, Itrader, hyperion, Whaley, Pak Lighting, jiwasraya, teacate, digicel, soccerworld, PZ Cussons, Carlsberg, Astra
So you reckon we have loads of partners in the UAE each funnelling 10/15m into our coffers. We actually have (excluding underpriced main sponsor) four so by your (completely made up on the spot) reckoning then City are raking in an additional £40 to £60m. You should probably write to someone at Uefa or maybe a newspaper. I’m sure they’d love to publish your story. Or you could always admit defeat and say “Gee, that’s a lot of information I wasn’t aware of, you're quite right 34 non Abu Dhabi commercial ties is quite a lot compared with the 4 that do have links with AD. Yeah, maybe it’s not so bent as I thought."