Bad news for the "Small Club" - Manchester City post massive loss

[United-Clowgon]

One thought in the owner's mind - BAD INVESTMENT.

Manchester City post massive loss





Manchester City football club has reported an annual loss of £92.6m ($148m) for the 2008/09 financial year.

The figures reflect the large sums of money spent on top-class players by Sheikh Mansour since he bought the Eastlands club in September 2008.


They include the £32.5m signing of Brazilian star Robinho.
The figures do not take into account the further large outlay since May 2009 on players such as Carlos Tevez, Kolo Toure and Emmanuel Adebayor.

Might as well say 200+ Million - All flops above.

I think before the owners will be gone before the end of this decade. They are going to have to win trophies like the Champions League/Premier league to be able to achieve a profit, unless they sign a player like Ronaldo to boost shirt sales, attendance figures.. things like image rights ect.

Year after year, these figures will be popping up. - Should of bought United.. that's for sure.

The upcoming years will be a bleak one for the "small club"

[Immenseman]

Sure he or they aren't too concerned.

[Jack.Lfc]

Ino, why would they be arsed? Not like there at man city to make money, there just there for fun.

[United-Clowgon]

Sure he or they aren't too concerned.

The owner is only worth a few more Billions that Roman. - His family is worth 40 + Billion I'm assuming from reports.

He's using his own money in transfers, paying off the clubs debts and ect and he's hasn't even made a profit. 200 million spent on players - 100 mill pre-tax loss. I'm sure he's thinking about this dearly.

I don't know why he didn't buy a Club like United - United is a Club that will always be a stable one, a Club who will be successful in making money and making heaps in Revenue each year.

I suppose he thought it would be easy turning the small club into a big club like united. Anyone with a brain would of know doing this would only be achieved in dream paradise.

Ino, why would they be arsed? Not like there at man city to make money, there just there for fun.

No matter how rich he/them are. I'm sure a big playing factor in buying city was for a profit.

If you are suggesting that they bought the club for the "fun" of it then they should of bought a Club like Docaster Rovers and paid every single one of the current team players 200k a week.

[Black_Apalachi]

Usually happens when someone buys into a business they know nothing about.

[United-Clowgon]

Usually happens when someone buys into a business they know nothing about.

Yeaah, how did he exactly made all that money? (Oh wait, it's inheritance money) :rolleyes:

People, especially the City fans are thinking that this is nothing to him, when in fact he's got money, tons of it but not as much people are saying he has.

He is worth a Few more Billion than Roman - His family is worth 40+ $Billions.

Trust me, he's thinking about this.

[Jibbish]

Yeaah, how did he exactly made all that money? (Oh wait, it's inheritance money) :rolleyes:

People, especially the City fans are thinking that this is nothing to him, when in fact he's got money, tons of it but not as much people are saying he has.

He is worth a Few more Billion than Roman - His family is worth 40+ $Billions.

Trust me, he's thinking about this.

But then there's his business group who are worth way over $100 billion

[luce]

No matter how much money you have that is still a loss and if i was that rich i know i would care where all my money went so i don't think you can say he wouldn't care.

But this was always going to happen? They haven't won a trophy in decades and they have bought in loads of big names for big money ticket, shirt and other sales were never going to cover this in the first year so i do think it's unfair to say he will be gone on this alone? If this happens repeatedly then yeah they're gone but i think you're jumping the gun here..

[United-Clowgon]

But then there's his business group who are worth way over $100 billion

I doubt he'll ever go into doing that.

No matter how much money you have that is still a loss and if i was that rich i know i would care where all my money went so i don't think you can say he wouldn't care.

But this was always going to happen? They haven't won a trophy in decades and they have bought in loads of big names for big money ticket, shirt and other sales were never going to cover this in the first year so i do think it's unfair to say he will be gone on this alone? If this happens repeatedly then yeah they're gone but i think you're jumping the gun here..

AND FOR MORE DECADES TO COME!

[Smits]

He won't care because the loss is due to buying players... If they cared, i'm pretty sure they wouldnt of bought the players.