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Man City

Discussion in 'Football Chat' started by ROCCO, Nov 18, 2011.

  1. ROCCO

    ROCCO
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    Annouce record losses of £194.9m for 2010-11

    Interesting with the fair play rules in mind
     
  2. Garrett

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    I'd suspect they will get over that quite easily though mate, by simply having their owner dump another £200m into the company that owns Man City, to shore up the losses or something ... not that I'm saying thats fair, but I'd fear its eactly what has or is about to happen nonetheless.
     
  3. babbsnads

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    I don't know if that's allowed Garrett. As far as I know you can only offset losses with money generated by the club. There is SUPPOSED to be strict rules regarding owners pumping money in and apparently even their naming rights deal will be investigated. No doubt though you're right. The big clubs will find ways to ride roughshod over the rules. Uniteds training gear sponsorship deal has probably done city a favour. I'd expect city to announce the same kind of deal for probably double what the Mancs are getting.
     
  4. Maverick

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    35 million a year sponsorship from ethihad will also help plus a host of saleable assets as regards players.Id imagine their fanbase is gaining weight too.I read somewhere that the figure reported was around what they were expecting to lose.
     
  5. luscaa

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    only a matter of time
     
  6. luscaa

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    think we might do them tho
     
  7. ROCCO

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    Gut feeling is the FPR won't be implemented as strict as they should .

    City can't just put £200m into the club as would be breaking the rules but see them bending the rules
     
  8. rushiekop

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  9. prendy

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    ..
     
    #9 prendy, May 16, 2012
    Last edited: May 16, 2012
  10. Redtilimdead

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    with the amount of money the owners have they are sure to find a way around the ffp rules
     
  11. Juan

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    Reading David Conn on the latest Man City accounts... some figures are off the scale.
    He said since the Sheiks have took over in 2008...they have spent an amazing £712 million in the transfer market.

    He also mentions..."Manchester City have announced a loss of £52m for the year 2012-13. This is on record income (turnover) of £271m."
     
  12. Colm75

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    Just watching Life's a Pitch on BT and they were talking about Man City.Apparently they
    are still paying £40,000 a week and Spurs the other £60,000 of Adebayor's wages.
    Crazy that.
     
  13. Dub13

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    How are they going to comply with FFP..?
     
  14. redabbey

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    Haven't got a chance to followup on all the links but some interesting stuff on this twitter timeline

    Lots of IK heads follow https://twitter.com/sportingintel
     
  15. bobby benitez

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    David Gill (man utd) is heading up ffp, I know i'm in a very small minority but I think city are a perfect example of a small club thinking they're all that, uefa could choose them to make an example off and honestly nobody could complain. Also consider man utd could be 5th and the direct benefactors of the rules being upheld.
     
  16. Dub13

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    Cheers for the heads up on that account, will follow.
     
  17. Garrett

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    Hi mate,

    Apparently they are claiming the £52m loss is before the extract certin expenditure on youth development and similar "investment" in the clubs future etc. Apparently it's permitted under the Fair Play Rules and they reckon netting off these allowable costs will bring them within the allowed budget (think thats a loss of something like £37m from memory).
     

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