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City's Accounts Great news

PostPosted: Wed Dec 03, 2014 4:16 pm
by blues2win
Revenue up to 347 million. Commercial revenue up 16 per cent to165.8 million TV revenue up 51 per cent to 133.2 million Matchday revenue up 20 per cent to 47.5 million. Overall loss a mere 23 million which includes the unsuspended 16 million UEFA fine. A profit next year surely certain which I think means fines/ restrictions come off from now on. Well over half our youngsters come from Greater Manchester and we are doing incredibly well at pretty well every age level.

The future's bright the future's blue. Oh and 3 points tonight please lads!

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 4:24 pm
by blues2win
Also wages down to 56 per cent of turnover from 86 per cent previous year. City no longer has highest wage bill in Premiership. That title belongs to the scum.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 4:39 pm
by BlueinBosnia
Sources?

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 4:43 pm
by blues2win
Only in bits and pieces from City Watch I'm afraid.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 4:55 pm
by nottsblue
In 2 years we will overtake Chelsea for revenue i reckon and possibly the rags if they are still out of champs league. FFP will be but a nasty memory and we'll have a superb base with the extended stadium, academy facilities and hopefully, more on field success to build on

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 5:12 pm
by stevefromdonny
BlueinBosnia wrote:Sources?


on bbc news, sky, and of course city web page

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 5:26 pm
by BlueinBosnia
stevefromdonny wrote:
BlueinBosnia wrote:Sources?


on bbc news, sky, and of course city web page


Thanks! I've seen bits on BBC, but was looking for some kind of amalgamated run-down or an 'official' report/statement.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 5:32 pm
by City64
Financial expert on SSN just commentating that these latest financial figures for MCFC are very very impressive and possibly the best he has ever seen ! Some endorsement that ! ;-)

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 5:35 pm
by Goaters 103
You can read the report here - http://annualreport.mcfc.co.uk/?utm_sou ... l%20report

Khaldoun, as ever, has confidence and class.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 5:57 pm
by BlueinBosnia
City64 wrote:Financial expert on SSN just commentating that these latest financial figures for MCFC are very very impressive and possibly the best he has ever seen ! Some endorsement that ! ;-)


Then again, these are the people that employ Jamie Redknapp as a 'football expert', and (as I noticed maybe 10 minutes ago) someone to write this on their website:

Image

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 6:12 pm
by City64
BlueinBosnia wrote:
City64 wrote:Financial expert on SSN just commentating that these latest financial figures for MCFC are very very impressive and possibly the best he has ever seen ! Some endorsement that ! ;-)


Then again, these are the people that employ Jamie Redknapp as a 'football expert', and (as I noticed maybe 10 minutes ago) someone to write this on their website:

Image


This guy is a proper financial expert mate , he always does a spot when any of the Premier clubs release financial details / figures .........he recently slated the rags latest figures !

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 6:13 pm
by sheblue
If all correct they are excellent results. Really good news.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 6:20 pm
by Dameerto
It shows why the club can't make any concessions yet on season tickets, even without the UEFA enforced bribe we would still be showing a modest loss this time. (Assuming those figures are accurate).

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 6:24 pm
by Douglas Higginbottom
Excellent financial results, winning trophies on the pitch,youth set up doing very well,brilliant for the areas surrounding the Etihad, a fantastic new training facility just about to be opened up and just about the best owners you could possibly wish to hope for.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 6:33 pm
by john@staustell
nottsblue wrote:In 2 years we will overtake Chelsea for revenue i reckon and possibly the rags if they are still out of champs league. FFP will be but a nasty memory and we'll have a superb base with the extended stadium, academy facilities and hopefully, more on field success to build on


Pretty sure we overtook Chelsea last year in Deloittes

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 6:33 pm
by Sideshow Bob
tbh I was expecting we'd show a profit this time. we haven't spent huge on transfers, at least compared to rags and chavs?

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 8:28 pm
by Peter Doherty (AGAIG)
This is extraordinary, blues2win. We've come a long way since the days of Peter Swales' stewardship, that's for sure.

Re: City's Accounts Great news

PostPosted: Wed Dec 03, 2014 8:40 pm
by carl_feedthegoat
Sideshow Bob wrote:tbh I was expecting we'd show a profit this time. we haven't spent huge on transfers, at least compared to rags and chavs?



Finance isn't your strongest point is it <)

Re: City's Accounts Great news

PostPosted: Thu Dec 04, 2014 3:54 am
by phips
do we know how much we can spend on transfers?

Re: City's Accounts Great news

PostPosted: Thu Dec 04, 2014 4:01 am
by DoomMerchant
phips wrote:do we know how much we can spend on transfers?


No. I don't believe anyone has clarity on this point. I'd like some. I'm sure khaldoon is working this 24/7.

Cheers