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City record near £200M loss

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Post by Topdawg Fri Nov 18, 2011 4:18 pm

Not such a big deal is since we haven't borrowed any money - it is all from our benevolent benefactor.

We will be getting some big hitters off the payroll soon enough so this should be halved by next year.

Forgetting transfer fees, RSC, Ade, Bridge, SWP, Tevez, Ned, Boateng, Given, Jo, Bellamy would all have been included. I make that at least £900K per week if not £1M per week.

If the guys that remain all leave within the next year, that's £50M off our wage bill. Transfer fees should add another £50M to that at least.

That's £100M.

Ok, we've bought a few new boys (Aguero in particular) and increased salaries for a few others too, so this will make that £100M saving more like £60M.

Champs league should be worth about £30M to us and increased revenues from merchandising, sponsorship (excluding Etihad deal) should be another £10-£20M.

Without too much effort, I can see over £100M of extra income and savings.

There will be other things like increased TV money from the EPL and more money should we win the thing.

Now the loss could easily be down to about £80M. Still a hefty amount of money. The new stadium and shirt deal is worth an extra £25M a year so we are very near to a loss of £50M.

That's a decent starting point for next financial year.
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Post by ONH Fri Nov 18, 2011 4:27 pm

I would'nt like you to do my acounts, end up in Strangeways Suspect

BWC Razz

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Post by Wensdi Fri Nov 18, 2011 4:30 pm

Not too worried Dawg - we had to spend money to make money - just like any other investors does. Had to spend money to make an impression in the Prem League AND Europe. Time will tell - we'll always have our share of envious naysayers like the twit above.Very Happy
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Post by Topdawg Fri Nov 18, 2011 4:42 pm

I am not worried at all, me being a qualified accountant of nearly 20 years.

I like to be well informed before i make a comment....
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Post by ONH Fri Nov 18, 2011 4:50 pm

you just "lost" 150 million in 30 seconds.

Should be working for City.

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Post by Wensdi Fri Nov 18, 2011 4:54 pm

It's one thing to come on here and post well informed/interesting info for a bit of banter ONH - but you are like a broken record. You are boring.
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Post by blueboy Fri Nov 18, 2011 4:55 pm

'Obsessed' is back!
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Post by ONH Fri Nov 18, 2011 4:58 pm

Wensdi wrote:It's one thing to come on here and post well informed/interesting info for a bit of banter ONH - but you are like a broken record. You are boring.

Its Facts, I'am sure if it was United recording this massive loss you lot would be doing the same thing Twisted Evil

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Post by AMillionDifferentPeople Fri Nov 18, 2011 5:05 pm

" Its Facts, I'am sure if it was United recording this massive loss you lot would be doing the same thing "


I'm sure i'd spend my life talking about a club i dislike, on a website full of fans i dislike, constantly repeating myself, making myself look like a complete twat trying to get the attention i never got as a child............... Rolling Eyes
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Post by blueboy Fri Nov 18, 2011 5:06 pm

Nope....and there lies the difference between a Man City fan and a Man United fan.............one couldn't give a shit about what happens to a club below us, the other is obsessed with a club above theirs. Wink
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Post by ONH Fri Nov 18, 2011 5:09 pm

is why City fans (the ones who go that is ) sing a song about Uniteds debt all the time Wink

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Post by AMillionDifferentPeople Fri Nov 18, 2011 5:15 pm

Songs and banter are all part of the match day experience............what i do in my spare time on the other hand, totally different story as i have a life. Your clearly a sad mong who has too much time on his hands.
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Post by ONH Fri Nov 18, 2011 5:18 pm

AMillionDifferentPeople wrote:Songs and banter are all part of the match day experience............what i do in my spare time on the other hand, totally different story as i have a life. Your clearly a sad mong who has too much time on his hands.

there were go again, giving the "abuse" out No

I thought this was a Forum For Fans Of All Clubs, City fans eh.

"mong" No

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Post by blueboy Fri Nov 18, 2011 5:19 pm

ONH wrote:
AMillionDifferentPeople wrote:Songs and banter are all part of the match day experience............what i do in my spare time on the other hand, totally different story as i have a life. Your clearly a sad mong who has too much time on his hands.

there were go again, giving the "abuse" out No

I thought this was a Forum For Fans Of All Clubs, City fans eh.

"I'm a mong - i really am" No
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Post by blueboy Fri Nov 18, 2011 5:20 pm

We know ONH.....admission is the first road to recovery. Twisted Evil
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Post by AMillionDifferentPeople Fri Nov 18, 2011 5:27 pm

But nowhere does it say 'Forum for repetitive fans of other clubs who have nothing of any worth to say but love trying to rub City fans up the wrong way to try and get a reaction'.

I'd go and see a doctor about your obsession if i were you, he'll probably tell you to walk to the bridge, chuck yourself off the edge and end it all........i'd agree with him.
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Post by ONH Fri Nov 18, 2011 5:30 pm

cheers.

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Post by Topdawg Fri Nov 18, 2011 5:33 pm

this was a decent fucking article.

If RWC wants to wum and talk piss, JA606 is waiting for him.
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Post by blueboy Fri Nov 18, 2011 5:35 pm

But he invades EVERY discussion topic Dawg.
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Post by AMillionDifferentPeople Fri Nov 18, 2011 5:46 pm

It is a decent article TD, and i'd agree with it. The amount of money swashing around the champs league guarantee clubs fortunes if they can keep qualifying year on year. Put together with the 60m off the prem and countless new marketing money opportunities coming our way we should be sound. As long as we stop splashing the cash in the transfer windows, barring the odd quality buy, we should meet the ffp requirements. Its the clubs that miss out on the chumps league after splashing the cash that will suffer. It do feel slightly dirty with this 'joining the elite talk' though, time for a shower.
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Post by blueboy Fri Nov 18, 2011 5:58 pm

Does show where we've come from though - in 4 years!! Amazing journey so far - talking about the fact that we can afford a £200m loss and we will re-coup that easily over the next 18 months.
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Post by blueboy Fri Nov 18, 2011 6:03 pm

If we take the following as reasonable sell on figures:

Ned - 5
Tevez - 25
Ade - 15
Bellamy - 3
RSC - 8
Bridge - 6m

That in itself = £62m conservative est.

Add to that the wages - another £25m per year

This time next season - just from the sale of current players and wage cuts = nearly £80m....without any add-ons through sponsorship etc.

£200m soon becomes £70m by next season.
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Post by TMG Fri Nov 18, 2011 6:24 pm

More like

Ned - 3
Tevez - 0 AWOL for good
Ade - 10
Bellamy -Free transfer
RSC - £2.50
Bridge - 1
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Post by blueboy Fri Nov 18, 2011 6:34 pm

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Post by blueboy Fri Nov 18, 2011 6:35 pm

TMG wrote:More like

Ned - 3
Tevez - 0 AWOL for good
Ade - 10
Bellamy -Free transfer
RSC - £2.50
Bridge - 1

Won't bother really replying to your comments TMG - nice chick though!! Razz
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Post by TMG Fri Nov 18, 2011 7:10 pm

Think mine are more realistic. Bridge £6m. RSC 8 ! Come on !

Disappointed in your chicks Blueboy. Used to look forward to you changing your avatar every few days !
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Post by blueboy Fri Nov 18, 2011 7:36 pm

Embarassed
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Post by Topdawg Fri Nov 18, 2011 8:03 pm

Tevez - £20M
Ade - £10M
Bridge - £0
RSC - £3M
Ned - £3-£4M

That's still over £35M. we might squeeze £40M if we are lucky.
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Post by Bewar3them00n Fri Nov 18, 2011 8:12 pm

How can the likes of Blatter, come all holier than thou, stating that we are ruining the game, when he comes out with comments he's come out with this week?

And another important economic factor missed in this ever tightening recession.... City's owners are pouring money into football, AND into Manchester, with City's new Academy, how many jobs will it create? how many youngsters out of the Million now on the dole will get a job from the money that City's owners are pouring in?
Ruining football my arse, more like saving it from dull Groundhog days of the Sky 4.
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Post by blueboy Fri Nov 18, 2011 8:21 pm

well said BTM! They only see the short-term view. At least we are debt free...regardless of rules. FACT.
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Post by shakencity Fri Nov 18, 2011 9:05 pm

City were always going to post substantial losses, so are these figures really that much of a suprise?

In business you have to spend money to accumilate money.....apparently, so i'm sure the top brass have things in hand. £200m's loose change anyway Wink .
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Post by Wensdi Fri Nov 18, 2011 9:12 pm

I posted the same thing Shaken -

Now if it was only "Adopt an Owl" Month.
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Post by shakencity Fri Nov 18, 2011 9:20 pm

Sorry Wensdi, i didn't read them all.

Shame on me!
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Post by blueboy Tue Nov 22, 2011 7:57 am

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Post by shakencity Tue Nov 22, 2011 8:18 am

Very interesting article that blue.

Great finishing line to it "Blame Platini, it's his idea". This is what happens when you put the French in charge.
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Post by Topdawg Tue Nov 22, 2011 8:25 am

good article from samuels as most of his normally are.

If we hadn't made the champs league last year, we wouldn't have nasri, clichy or aguero.
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