.........as we stand both City and Chelsea are hundreds of millions away from solvency.
Didn't realise that m8,I thought it was only us that were fecked
.........as we stand both City and Chelsea are hundreds of millions away from solvency.
Didn't realise that m8,I thought it was only us that were fecked
Were far less fecked than either of em m8, both clubs run at annual losses and are light years behind United and even Liverpool and Arsenal as global brands, Chelsea's spending slowed down once it was established as top four and now they have to sit up there waiting for the World to take notice. City are in a similar position but with low turnstyle revenue and an even less famous brand it's a hell of a long way before they can be compete with the Utd,Arsenal and Liverpool's of this World on a self sufficient financial level and if the owners tire of their hobby it will be a very swift return to mediocrity.
Cheers m8 thats cheered me up no end
Unless the council evict you as squatters lol.
There is another major reason why City’s dominance may not be as straightforward as you might think.
European governing body Uefa’s Financial Fair Play regulations mean all clubs must restrict their losses between 2013 and 2015 to just £38m. To put the size of that task into context City lost a staggering, record-breaking £194.9m in 2011.
They had a wage bill of £174m at that time and have since added more expensive players. The average weekly wage is now said to be £85,000.
When those results were announced last autumn, City’s chief operating officer Graham Wallace said: “Our losses which, we predicted as part of our accelerated investment programme, will not be repeated on this scale in future”
But the gulf between those losses and the deficits allowed by Uefa in future is so, so vast. Even allowing for City’s £400m, 10-year stadium and kit deal with Etihad, serious surgery needs to take place if Mancini’s team are not going to run the risk of being thrown out of the Champions League in seasons to come.
So the challenge for Mansour and City is to build a dynasty at the same time as new rules are being introduced by Uefa designed to stop clubs like them from being too successful.
there will be enough people on the bandwagon arriving at the Etihad shortly as it is, leave wiz alone :tongue:
@Basil did Video evidence confirm it was a Man united fans whistle? :eater:
@thommo sorry pal but I've heard its Venky's
Unless the council evict you as squatters lol.
Can't happen. We've got the Gallaghers on our side; not just Liam and Noel, but Frank and his family. <g>
Council vs Chatsworth Estate could only have one conclusion. ;-)
If United ever have to sell up and rent, I'm sure you can count on the Maguires to keep the bailiffs away too.
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