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PIF and RB Sports & Media


Yorkie

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Day-to-day running costs. All these new high-level staff won't come cheap. Our nonplaying wage bill will have increased massively over last 12 months. Wouldn't read too much into it other than club still needs regular cash injections to stay afloat at the level we are now.

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1 hour ago, Yorkie said:

 

 

Does this essentially just mean we've received a £60million cash injection from the owners?

 

As others have said, it's most likely OpEx injection. I'll be a good chunk of it will be used for:

  • Rent and utilities
  • Wages and salaries (staff, not players as they're purchased using capital generated from the club)
  • Accounting and legal fees
  • Overhead costs such as selling, general, and administrative expenses (SG&A)
  • Property taxes
  • Business travel
  • Interest paid on debt
  • Research and development (R&D) expenses 


I hope a good chunk of that goes into our Digital Growth, we need to up our game and I imagine Dan Ginger will get a good sum to build an experience team focusing on marketing and commercial revenue.


 

 

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60 million to Chelsea for the shirt sponsorship might be a good deal if it opens up the market for us to compare against.

 

 Chelsea have spent their money up front and the 60 million would just be supporting their annual payments.

 

However if we then say it's the market value and increase ours to something similar.. that just allows us to more available funds

 

(and keep me right does that mean we can triple it or does that only count for incoming transfers and ffp )

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46 minutes ago, RobsonsWonderland said:

60 million to Chelsea for the shirt sponsorship might be a good deal if it opens up the market for us to compare against.

 

 Chelsea have spent their money up front and the 60 million would just be supporting their annual payments.

 

However if we then say it's the market value and increase ours to something similar.. that just allows us to more available funds

 

(and keep me right does that mean we can triple it or does that only count for incoming transfers and ffp )

No, because we’re not comparable to Chelsea in terms of size at the moment. This isn’t a ploy to allow us more sponsorship money - this is just our owners sponsoring a rival club to the tune of £60m.  

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6 hours ago, Disco said:

 


If I’m wrong, can somebody educate me here. 
 

Does this mean PIF have put in 80% (£48m), RB Sports & Media 10% (£6m) and PCP 10% (£6m)?

 

If so, how much longer can PCP continue to pump that kind of money into the club? Not sure Amanda and Mehrdad are THAT rich. 

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3 minutes ago, Miggys First Goal said:


If I’m wrong, can somebody educate me here. 
 

Does this mean PIF have put in 80% (£48m), RB Sports & Media 10% (£6m) and PCP 10% (£6m)?

 

If so, how much longer can PCP continue to pump that kind of money into the club? Not sure Amanda and Mehrdad are THAT rich. 

 

Don't think so...

 

 

 

 

Edited by Greg

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5 minutes ago, Miggys First Goal said:


If I’m wrong, can somebody educate me here. 
 

Does this mean PIF have put in 80% (£48m), RB Sports & Media 10% (£6m) and PCP 10% (£6m)?

 

If so, how much longer can PCP continue to pump that kind of money into the club? Not sure Amanda and Mehrdad are THAT rich. 


Will it not be PCPs share which is being sold. Amanda has already stated that their shares may well be diluted in the future. Might not be but seems a possibility. 

 

 

Edited by et tu brute

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1 hour ago, Whitley mag said:

What a surprise never mind the fact these leading clubs tried to destroy domestic football.

 

Utterly desperate, transparent and doomed to failure from the usual suspects.

 

https://www.theguardian.com/football/2023/sep/07/premier-league-clubs-call-to-block-nation-state-ownership

 

 

 

TBF the club were stupid enough to give it the 'separation proved' crap.  Being owned by a nation state isn't against PL rules.

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1 hour ago, Danh1 said:

My even going to pretend to know how, put supposedly it helps with FFP in some way 

 

https://x.com/kieranmaguire/status/1699860284871946508?s=46

It doesn’t really help with FFP in terms of allowing us to spend more. We all presume and expect us to spend up to the FFP limit and in order to do so it had be backed by capital from the ownership. 

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5 hours ago, Whitley mag said:

What a surprise never mind the fact these leading clubs tried to destroy domestic football.

 

Utterly desperate, transparent and doomed to failure from the usual suspects.

 

https://www.theguardian.com/football/2023/sep/07/premier-league-clubs-call-to-block-nation-state-ownership

 

 

 

 

You've got to love the brass neck of these other clubs. It'll be the same twats who tried to form a super league. They're absolutely spitting feathers with us as new competition aren't they?[emoji38]

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2 hours ago, Scoot said:

 

You've got to love the brass neck of these other clubs. It'll be the same twats who tried to form a super league. They're absolutely spitting feathers with us as new competition aren't they?[emoji38]

Absolute self interest they couldn’t give a fuck about fit and proper, I mean Levy has some cheek when his puppet master Joe Lewis is facing prison time.

 

They can whinge all they like no U.K. govt is telling PIF they can’t own a British business unless there’s a dramatic breakdown in a relationship spanning decades with the Saudis.

 

 

 

 

Edited by Whitley mag

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7 hours ago, Whitley mag said:

What a surprise never mind the fact these leading clubs tried to destroy domestic football.

 

Utterly desperate, transparent and doomed to failure from the usual suspects.

 

https://www.theguardian.com/football/2023/sep/07/premier-league-clubs-call-to-block-nation-state-ownership

 

 

 

 

This wouldn't mean anything to us and City anyway I wouldn't have thought. The PL can't take the club off of PIF so it would just be future takeovers I'd imagine.

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