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Author Manchester City
saj_123
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Registered: 6th Jan 09
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6th Jan 10 at 22:33   View User's Profile U2U Member Reply With Quote

Manchester City have announced a loss of £92.6 Million for 2008/09, this does'nt include Tevez, Toure and Adebayor! (Which must be another 90 Million) This is like Chelsea at the end of June 2005 when they posted losses of £140 Million!

http://news.bbc.co.uk/1/hi/business/8443316.stm



[Edited on 06-01-2010 by saj_123]
Marc
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6th Jan 10 at 22:47   View User's Profile U2U Member Reply With Quote

Cosmo
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Registered: 29th Mar 01
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6th Jan 10 at 22:59   View User's Profile U2U Member Reply With Quote

It doesnt include the summer spending of over £140m, so that'll be the loss this year plus whatever he spends in Jan, plus the cost of getting rid of Hughes and his staff.
J da Silva
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6th Jan 10 at 23:19   View User's Profile U2U Member Reply With Quote

The good thing for them is they knew all of this would occur before investing in the club, so they obviously have the long term plan, all the debts were wiped out aswell which gives them a good fresh base to build on, and they're halfway there already, I'm more sure of Man City being a European force in the next 5 seasons, more so than Man U or Liverpool.
Cosmo
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6th Jan 10 at 23:20   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by J da Silva
The good thing for them is they knew all of this would occur before investing in the club, so they obviously have the long term plan, all the debts were wiped out aswell which gives them a good fresh base to build on, and they're halfway there already, I'm more sure of Man City being a European force in the next 5 seasons, more so than Man U or Liverpool.


Chelsea are yet to be a European force (well, havent won it anyway) and have spent more than double what City have.
J da Silva
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6th Jan 10 at 23:29   View User's Profile U2U Member Reply With Quote

Chelsea made a lot of bad decisions at the wrong times, and a bit of bad luck against Man Utd, a simple slip cost them the CL.

I just get the feeling that all of Man City's future has been carfeully mapped out, rather than just impulsive clicks of the finger like Chelsea.
Cosmo
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6th Jan 10 at 23:41   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by J da Silva
Chelsea made a lot of bad decisions at the wrong times, and a bit of bad luck against Man Utd, a simple slip cost them the CL.

I just get the feeling that all of Man City's future has been carfeully mapped out, rather than just impulsive clicks of the finger like Chelsea.


Possibly.

I personally dont think that Managing Director of theirs has much of a clue tbh, all his lies in the press conference were a laugh and even Mancini made him look like a prize cock.

Where as Chelsea had one of the best Managing Directors in the game at the helm and still couldnt make it all work!!
strick206
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7th Jan 10 at 01:48   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Cosmo

I personally dont think that Managing Director of theirs has much of a clue tbh, all his lies in the press conference were a laugh and even Mancini made him look like a prize cock.

Where as Chelsea had one of the best Managing Directors in the game at the helm and still couldnt make it all work!!


Another prize twat the chavski director though.

I don't post in these threads much, instead i'm going to whore the fuck out of the ones when moneybags pulls out and they plummet
mwg
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7th Jan 10 at 08:52   View User's Profile U2U Member Reply With Quote

I think they will be a good strong team after next summer. The midfield and forwards have started to play well together and they have a good goalkeeper. Once they have a better defence which is surely only a matter of time before the cash is splashed they will be up there. As much as it pains me to say it.
Marc
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Registered: 11th Aug 02
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7th Jan 10 at 08:55   View User's Profile U2U Member Reply With Quote

How will they replace Richards, who is sure to leave sooner or later.
Eck
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Registered: 17th Apr 06
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7th Jan 10 at 09:03   View Garage View User's Profile U2U Member Reply With Quote

Richards is a young English player...So if they sell him the amount for will MORE than cover the cost of a top class foreign player

 
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