Quote from: Beard82 on December 14, 2021, 04:17:33 PMQuote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days Yep, I get that. But even so. Four hundred and fifty-five million?
Quote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days
Quote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.
As a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.
Quote from: Chris Harte on December 14, 2021, 04:39:48 PMQuote from: Beard82 on December 14, 2021, 04:17:33 PMQuote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days Yep, I get that. But even so. Four hundred and fifty-five million?Makes me wonder about Man City. I'm no football finance expert but I've seen figures that point to there squad building as costing in the region of 1.5bn since the oil money started to flow. So how have they offset about a billion pound? It's not like they sell out every week and I can't see their corporate side raising anything like Man U, Liverpool, Arsenal etc. There's been some clever bookkeeping that's for sure.
Quote from: The Edge on December 15, 2021, 05:12:04 PMQuote from: Chris Harte on December 14, 2021, 04:39:48 PMQuote from: Beard82 on December 14, 2021, 04:17:33 PMQuote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days Yep, I get that. But even so. Four hundred and fifty-five million?Makes me wonder about Man City. I'm no football finance expert but I've seen figures that point to there squad building as costing in the region of 1.5bn since the oil money started to flow. So how have they offset about a billion pound? It's not like they sell out every week and I can't see their corporate side raising anything like Man U, Liverpool, Arsenal etc. There's been some clever bookkeeping that's for sure.Their Corporate doping is every bit as lucrative as The other three clubs you mention.
Something I was thinking in relation to a possible expansion in the corporate facilities. Say the club, in the process of rebuilding the North Stand, create corporate facilities on a par with those in the Trinity, at what point does it become worthless to have any more of these facilities because there's no more demand for a ticket that costs £250 to see the game, have premium seats*, get a three/five course meal, four-and-a-half hours of free bar and an ex-player Q&A session?*I realise you wouldn't necesarily get Premium Seats in a rebuilt North Stand.
Quote from: Chris Harte on December 15, 2021, 06:37:43 PMSomething I was thinking in relation to a possible expansion in the corporate facilities. Say the club, in the process of rebuilding the North Stand, create corporate facilities on a par with those in the Trinity, at what point does it become worthless to have any more of these facilities because there's no more demand for a ticket that costs £250 to see the game, have premium seats*, get a three/five course meal, four-and-a-half hours of free bar and an ex-player Q&A session?*I realise you wouldn't necesarily get Premium Seats in a rebuilt North Stand.Try getting any corporates for the rest of the season before you answer that one.
I believe the demand is at the Lower corporate end of the market..
Sawiris has confirmed a deal with Egyptian side ZED FC to develop their youngsters. Could be a very promising move. The more fingers in more pies the better with us
Sawiris has confirmed a deal with Egyptian side ZED FC to develop their youngsters.
Probably a pyramid scheme.