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Man City's Financial Results

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Man City released their financial statements yesterday as part of their annual report


http://content.mcfc.co.uk/~/media/Files/Annual%20Report/MCFC_AR.pdf


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I thought I'd pick out some of the interesting facts from the report


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Please note these are all as of 31 May 2013


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Revenue


Match Day £39,615,000 14.6%


Champions League TV £24,144,000 8.9%


Other Broadcasting £64,250,000 23.7%


Other Commercial Activities £142,991,000 52.8%


Total £271,000,000 100.0%


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Only 14.6% of Man City's revenue is from a matchday


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Expenses


Total Operating Expenses £369,353,000


Salaries & Wages £233,106,000 63.11%


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Wages account for 64% of Man City Group's costs.


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As of 31 May 2013, the accounting estimate for the price of the players registration is £428m


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Staff


Football Staff (Including Players) 222 49.44%


Commercial/Admin Staff 227 50.56%


Total 449


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That is a lot of football staff, I wonder what kind of things some of these people do


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Profit


Without transfers, Man City Group would have made a profit of £23.4m, but including the trading of players they made a loss of £51.6


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Possible Bonuses/Signing on fees/etc


Man City believe they could have to pay a maximum £53.9m "upon the achievement of certain conditions contained within player and transfer contracts if they are still in the service of the Club"


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Let me know if you have anything else you might want to know, and I'll see if I can work it out from the published accounts


Other Commercial Activities Â£142,991,000Β 52.8%


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Now that's what you call a solid business base. The actual football matchday is way down the list. What a world we live in now where the matchday is smallfry to other commercial activities!


@Cobby,so where exactly does this leave Man City.Does the income v expenses come within the FFP rules.Answer in words of one syllable please.(for @tonyhateley's benefit)

I can think of two words of one syllabul to answer that @super_ram but as I am a gentleman I won't say them. :joker:

I can think of two words of one syllabul to answer that @super_ram but as I am a gentleman I won't say them. :joker:

Two wordsΒ 

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So the 2 words weren't 'Thank you'

Β Oh and tut,tut-syllabul?

For two people!

County Clowns (even if one Supports Derby)

Man City released their financial statements yesterday as part of their annual report

http://content.mcfc.co.uk/~/media/Files/Annual%20Report/MCFC_AR.pdf

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I thought I'd pick out some of the interesting facts from the report

Β 

Please note these are all as of 31 May 2013

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Revenue

Match Day £39,615,000 14.6%

Champions League TV £24,144,000 8.9%

Other Broadcasting £64,250,000 23.7%

Other Commercial Activities £142,991,000 52.8%

Total £271,000,000 100.0%

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Only 14.6% of Man City's revenue is from a matchday

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Expenses

Total Operating Expenses £369,353,000

Salaries & Wages £233,106,000 63.11%

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Wages account for 64% of Man City Group's costs.

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As of 31 May 2013, the accounting estimate for the price of the players registration is £428m

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Staff

Football Staff (Including Players) 222 49.44%

Commercial/Admin Staff 227 50.56%

Total 449

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That is a lot of football staff, I wonder what kind of things some of these people do

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Profit

Without transfers, Man City Group would have made a profit of £23.4m, but including the trading of players they made a loss of £51.6

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Possible Bonuses/Signing on fees/etc

Man City believe they could have to pay a maximum £53.9m "upon the achievement of certain conditions contained within player and transfer contracts if they are still in the service of the Club"

Β 

Let me know if you have anything else you might want to know, and I'll see if I can work it out from the published accounts

do you know how ours compare? wait a minute, im about to faint now.

this is seriously stupid.

  • Author

do you know how ours compare? wait a minute, im about to faint now.

this is seriously stupid.

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I downloaded the financial statements for "Notts County Football Club Limited" with the latest available being for year ended 30/06/2012 and I'm afraid they only submitted abbreviated accounts, meaning they hardly give any information which they are allowed to do being a "Small Company".

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The only profit/revenue thing I could work out is that we made a loss of around £2.1m in 2012. We were also in debt of £5,521,467 as of 30/06/2012 of which £3.2m is short term, (meaning it would be expected to be paid within a year) and £2.3m being long term (meaning it is more likely to be a loan, possible to Mr Trew, or other long term arrangements). Oh, and at 30/06/2012 we had £346k in the bank.

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i guess its to be expected we lost money, it does not help sacking managers and we need to get on our feet financially.

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What depresses me more is that we are classified as a small company in the eyes of Companies House, meaning:

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Small companyΒ 

To be a small company, at least two of the following conditions must be met:

  • Annual turnover must be £6.5 million or less
  • The balance sheet total must be £3.26 million or less
  • The average number of employees must be 50 or fewer

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We classify as having a small balance sheet number, but does it mean we have a turnover of less than £6.5m a year or less than 50 employees?

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Kinda makes you think how something so big in our lives, that we have so much passion about, really isn't that big in the wide world of business.

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Nevermind, we are the Black & White army, and as long as we keep on marching (in one way or another), I'll be happy.

What depresses me more is that we are classified as a small company in the eyes of Companies House, meaning:

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We classify as having a small balance sheet number, but does it mean we have a turnover of less than £6.5m a year or less than 50 employees?

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Kinda makes you think how something so big in our lives, that we have so much passion about, really isn't that big in the wide world of business.

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Nevermind, we are the Black & White army, and as long as we keep on marching (in one way or another), I'll be happy.

are part time staff counted as employees? i was on a no contract part time role in my last job, i was not counted as an employee. no invite to the staff christmas party or anything.

i dont really understand the ins and outs tho

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