moomba
TheBrownDog
- Joined
- Oct 3, 2001
- Posts
- 65,820
- Reaction score
- 23,193
- Location
- Timperley
- AFL Club
- North Melbourne
- Other Teams
- Man City ****
A few clubs released end of year results yesterday.
At City there were a few bits of good news and a few bits of not so good news.
Debt - £57.7m (£62.2m last year)
Turnover - £60.9m (£61.9m)
Operating profit before amortisation of players - £3.5m (£4.0m)
All in all, fairly positive figures and it looks as though we are once again heading in the right direction financially. Only 7% of our debt is repayable within the next 5 years, and we still have the SWP money to come in the next set of accounts.
Newcastle also released theirs, I haven't seen a lot of detail, but from what I can make out they made an operating profit of £4.5 (£8.8m). Turnover is £90m, but wages have risen 12% in the last year. The big concern for them is that the purchases of Owen, Luque and Solano for around £30m aren't included in this years results.
At City there were a few bits of good news and a few bits of not so good news.
Debt - £57.7m (£62.2m last year)
Turnover - £60.9m (£61.9m)
Operating profit before amortisation of players - £3.5m (£4.0m)
All in all, fairly positive figures and it looks as though we are once again heading in the right direction financially. Only 7% of our debt is repayable within the next 5 years, and we still have the SWP money to come in the next set of accounts.
Newcastle also released theirs, I haven't seen a lot of detail, but from what I can make out they made an operating profit of £4.5 (£8.8m). Turnover is £90m, but wages have risen 12% in the last year. The big concern for them is that the purchases of Owen, Luque and Solano for around £30m aren't included in this years results.
