The on topic thread

[moomba]

Profit? You are still down £600m. The only experts who think it's good are from your club.

Your £500m fairytale has grown to £600m in minutes.

The football business expert from John Moores loves our business model. Thats one.

And we've now made two consecutive profits that you predicted would never happen.

 

[Bojan KantKick]

Henry and Zlatan taking the piss out of Poggles haha

 

[Zidane98]

Your £500m fairytale has grown to £600m in minutes.

The football business expert from John Moores loves our business model. Thats one.

You have £500m in FFP losses. The £200m investment in infrastructure is not included in that bringing the total losses to £700m. I believe you've made profits (at least on paper) in the last 2 sets of books over a 12 month period.

So your profit is a fairytale until all of those losses are recouped. That's how things work in the real world.

 

[WealstoneRaider]

If Man City's business model is such an excellent one, why haven't more clubs tried it?

 

[Bojan KantKick]

If Man City's business model is such an excellent one, why haven't more clubs tried it?

I'd try it if i had 30 odd billion lying around.

 

[moomba]

Wow. You don't understand finance at all do you?

We've made a profit in our last two financial years. It's a matter if public record.

Fairytale is:
- thinking that our FFP losses are anywhere near £500m. Maybe £100m max over the last five years.
- thinking any businessman gives a shit about FFP accounts except for FFP reporting to UEFA.
- thinking that you have to repay a capital investment before you can make a profit.

 

[Bojan KantKick]

lol

 

[WealstoneRaider]

I'd try it if i had 30 odd billion lying around.

Bingo. So it's all down to how many squillions your owner has. It's bullshit, how can people defend it

 

[Zidane98]

lol

Delusional isn't he?

 

[Bojan KantKick]

Bingo. So it's all down to how many squillions your owner has. It's bullshit, how can people defend it

it might be a good business model now but without a ridiculous amount of start up capital it's a non starter.

Sure, someone could take over city now and it'd be fine but not when the thai crook came in.

 

[Bojan KantKick]

Delusional isn't he?

well i do remember him trying to laughably prove that etihad were profitable and being cut down pretty hard.

 

[Zidane98]

Wow. You don't understand finance at all do you?

We've made a profit in our last two financial years. It's a matter if public record.

No mention of the £700m spent to make a small profit.

Can imagine you going to the bank and asking for a loan to start a business - "I want to borrow 1 million pounds - after 5 years I should be making 20,000 pounds profit per 12 month period - isn't that a fantastic business model "

 

[WealstoneRaider]

The thing with Moomba is that he has a lot of love for his club, which is fine, but you know, love is blind and all that. You still got to be able to step back and at least try some objectivity.

 

[Magma]

well that would make perfect sense if mansour had walked into a bank and asked for a loan.

 

[Bojan KantKick]

The thing with Moomba is that he has a lot of love for his club, which is fine, but you know, love is blind and all that. You still got to be able to step back and at least try some objectivity.

hahaha

 

[Cruyff14]

The thing with Moomba is that he has a lot of love for his club, which is fine, but you know, love is blind and all that. You still got to be able to step back and at least try some objectivity.

Like you and everything English, right fam?

 

[WealstoneRaider]

Like you and everything English, right fam?

The City back-up has arrived

 

[Bojan KantKick]

tis is big man ting blud, cmon now fam

 

[Magma]

blud ting dunt have no scoobies blud fam yano

 

[Zidane98]

At the end of the day what Mansour has done is not a good investment but as has been mentioned before he doesn't give a shit because him wearing £700m to start with is like one of us dropping 100 bucks on roulette at the casino.

It's definitely a quick way to bring footballing success though. Of that there is no doubt.

 

[Zidane98]

The City back-up has arrived

Like clockwork.

 

[Magma]

nice me.lt

 

[WealstoneRaider]

Like clockwork.

Two club Cruyffy.

Anyway Cruyff14 what do you mean about my English bias? We are ****ing shit how could I possibly defend that bunch of overrated hacks?

 

[Zidane98]

nice me.lt

Autocorrect got you I believe

 

[Magma]

no, i know it changes so i put the . in.