Decky Posted October 2, 2010 Share Posted October 2, 2010 Manchester City have announced losses of £121m for the 12 months leading up to 31 May this year, having spent more on wages than their entire turnover. The financial losses, up from £92.5m for the previous year, represent one of the heaviest in Premier League history. Chief executive Garry Cook says City will now scale back on new signings. "Player acquisitions on the scale we have seen in recent transfer windows will no longer be required," said Cook. "The squad is in ideal shape." He added: "In 2009-10, we narrowly fell short of our goals on the pitch, but still achieved nine club records including our best-ever result in the Premier League." Wage costs of £133m exceeded a turnover of £125m last year, which in the vast majority of businesses would be unsustainable. But City are owned by wealthy Sheikh Mansour of Abu Dhabi, who wants to see the club competing at the very top. He has spent more than £300m on players since buying City - who have not won a trophy for 34 years - from the former Thai prime minister Thaksin Shinawatra in 2008. World-renowned stars such as Carlos Tevez, James Milner, David Silva and Yaya Toure have joined the club on big weekly wages as Roberto Mancini's squad bid to break into the top four of the English Premier League, having just missed out in fifth place last season. "Two years ago I was fortunate enough to become part of the Manchester City story and I remain grateful for the warmth of the welcome that you have given me," Sheikh Mansour bin Zayed Al Nahyan said in a letter posted on the club's official website. "The ownership of a club like Manchester City, with such a rich heritage and diverse community of stakeholders, carries a unique set of obligations to the fans, staff and broader Manchester community. CITY'S SPENDING (June '09-May '10) £17m: Roque Santa Cruz £12m: Gareth Barry £25.5m: Carlos Tevez £25m: Emmanuel Adebayor £16m: Kolo Toure £22m: Joleon Lescott £7m: Adam Johnson Frees: Stuart Taylor, Sylvinho, Patrick Vieira "This is something I do not take lightly. "Therefore the challenge I set my board and executive leadership team is to develop City so that it is one of the most successful clubs both on and off the pitch, but to do so without losing any of the characteristics that make it so special." The highest financial Premier League loss was Chelsea's in 2004-2005, with the London club losing £141m at the end of the first full year following the takeover by Russian oligarch Roman Abramovich. Though City's wage bill rose from £83m to £133m following Sheikh Mansour's first full year of ownership, the club has appointed a further 106 non-playing staff during the period in question. It also increased earnings from £87m in 2008-2009 to £125m, with all 35,000 season tickets sold for the season and "partnership income" - chiefly sponsorship deals - rising by almost 400% to £32.4m. As with Chelsea, Manchester City have stressed that they intend for their business to eventually become far more financially sustainable. European football's governing body Uefa is set to introduce new financial fair play rulings from next year, with sanctions such as exclusion from European competition if they are not met fully. Arsenal manager Arsene Wenger, who sold Kolo Toure and Emmanuel Adebayor to City in 2009, says it should be the aim of every club to live within their means. "I am convinced that, in every single club, the biggest pride is to achieve the maximum with the resources you have available and that is what we try to achieve," said Wenger. "You know my position. I have not seen the [City] numbers because I was in a training session, because I find that more interesting… but as you said before, with the financial fair play that will come in, it will be the same level of resources for all the big clubs." http://news.bbc.co.uk/sport1/hi/football/teams/m/man_city/9051136.stm Link to post Share on other sites More sharing options...
Neil Posted October 2, 2010 Share Posted October 2, 2010 He probably is world renowned, because it's Man City. Link to post Share on other sites More sharing options...
David28 Posted October 2, 2010 Share Posted October 2, 2010 Does anyone know when it will be announced which games after November 30th of us will be moved for SKY/ESPN? I want to come over for the Liverpool home match but I have to know if it's on Sat/Sun/Mon first before I can book my flight/hotel. Link to post Share on other sites More sharing options...
Disco Posted October 2, 2010 Share Posted October 2, 2010 Iceland´s FA has decided prioritize the U-21 national team over the main team. Four of the Iceland´s starters that are eligible for their games against Portugal have been made unavailable to the head coach (who isn´t happy at all) as they are to be selected for the U 21 play-off games against Scotland for the U-21 European championship. Small nation syndrome, a bit daft really. Fair enough I reckon. They're not going to qualify for the Euros and their u21s getting to a major tournament final is a big thing. Link to post Share on other sites More sharing options...
Robster Posted October 2, 2010 Share Posted October 2, 2010 Wow. Sven going to Leicester. Link to post Share on other sites More sharing options...
joeyt Posted October 2, 2010 Share Posted October 2, 2010 Erm, bit of an odd advert with David Ginola. Fast forward to 2mins 13secs Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 2, 2010 Share Posted October 2, 2010 Wow. Sven going to Leicester. Nothing wow about that, man. I had a fight getting a coaching job with my local U11 team because he was a head of me in the queue. He's got a sat nav to vacant coaching jobs. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 2, 2010 Share Posted October 2, 2010 Not a fan of this one TV game on a Saturday lark. Though I guess it means more 'traditional kick off' for fans of other teams. I'm so selfish. Link to post Share on other sites More sharing options...
BlueStar Posted October 2, 2010 Share Posted October 2, 2010 http://img401.imageshack.us/img401/4043/cardiff.jpg Link to post Share on other sites More sharing options...
Decky Posted October 2, 2010 Share Posted October 2, 2010 Brilliant Link to post Share on other sites More sharing options...
BlueStar Posted October 2, 2010 Share Posted October 2, 2010 Only went on cos I'd heard some Boro fans moaning about the price of their kit as being premier league level rather than championship and I wanted to see how much a random championship shirt was. Nearly spat Dr Pepper over the screen. Link to post Share on other sites More sharing options...
Thespence Posted October 2, 2010 Share Posted October 2, 2010 Players & kicks http://bleacherreport.com/articles/479569-john-terry-and-the-10-worst-kicks-to-the-face-in-soccer#page/11 Number 1 is belta Link to post Share on other sites More sharing options...
Guest prestonj1989 Posted October 2, 2010 Share Posted October 2, 2010 Does anyone know when it will be announced which games after November 30th of us will be moved for SKY/ESPN? I want to come over for the Liverpool home match but I have to know if it's on Sat/Sun/Mon first before I can book my flight/hotel. About 8th October I think. Link to post Share on other sites More sharing options...
Dave Posted October 3, 2010 Share Posted October 3, 2010 Squad photo. http://img641.imageshack.us/img641/9558/7iks1d.jpg Link to post Share on other sites More sharing options...
TaylorJ_01 Posted October 3, 2010 Share Posted October 3, 2010 Again, Ryan Taylor looks in pain. Link to post Share on other sites More sharing options...
jdckelly Posted October 3, 2010 Share Posted October 3, 2010 Again, Ryan Taylor looks in pain. he was being asked to smile therefore he was in pain Link to post Share on other sites More sharing options...
TaylorJ_01 Posted October 3, 2010 Share Posted October 3, 2010 Again, Ryan Taylor looks in pain. he was being asked to smile therefore he was in pain That was sort of my point Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 3, 2010 Share Posted October 3, 2010 Ryan Taylor and Simon Tweddle could be brothers. Link to post Share on other sites More sharing options...
Hanshithispantz Posted October 3, 2010 Share Posted October 3, 2010 Steven Taylor looks like someones stuck a finger up his arse Link to post Share on other sites More sharing options...
Disco Posted October 3, 2010 Share Posted October 3, 2010 Squad photo. http://img641.imageshack.us/img641/9558/7iks1d.jpg Nolan and Smith closest to Hughton because they're his favourites. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 3, 2010 Share Posted October 3, 2010 Aye, you can tell Nolan and Hughton are holding hands behind their backs. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 3, 2010 Share Posted October 3, 2010 Are MOTD guilty of editing the highlights to protect the big teams when they perform badly? Sunderland V Man U seemed a totally different game on MOTD compared to the one I saw 'live'. MOTD's editing made Man U appear on par, or even better, than Sunderland, when in truth they were really poor. Link to post Share on other sites More sharing options...
Fried Chicken Posted October 3, 2010 Share Posted October 3, 2010 Squad photo. http://img641.imageshack.us/img641/9558/7iks1d.jpg Is that Guthrie between Barton & Routledge? bit of a fat fu©ker Link to post Share on other sites More sharing options...
jdckelly Posted October 3, 2010 Share Posted October 3, 2010 Are MOTD guilty of editing the highlights to protect the big teams when they perform badly? Sunderland V Man U seemed a totally different game on MOTD compared to the one I saw 'live'. MOTD's editing made Man U appear on par, or even better, than Sunderland, when in truth they were really poor. yup mackems were saying something similar about the editing of them vs arsenal too all part of the agenda to worship at the altar of the big sides Link to post Share on other sites More sharing options...
Neil Posted October 3, 2010 Share Posted October 3, 2010 Are MOTD guilty of editing the highlights to protect the big teams when they perform badly? Sunderland V Man U seemed a totally different game on MOTD compared to the one I saw 'live'. MOTD's editing made Man U appear on par, or even better, than Sunderland, when in truth they were really poor. I have absolutely no doubt they are. Fortunately, if you didn't see the whole match, most match reports will give enough detail to provide an accurate reflection of the game. Link to post Share on other sites More sharing options...
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