Thursday, January 28, 2010

Massive

Feeling a little jaded today.  You really can't beat injury time winners against little city.....

But how little are they? Here's a snippet (from the accounts to 31st May 2009 City slipped out on 13th January and the recent United accounts to 30th June 2009):


Turnover City United
Matchday £15.4m £108.8m
Media £48.3m £99.7m
Commercial £28.3m £69.9m
Total £87.0m £278.5m

EBITDA City United
2008/09 -£30.7m £91.3m

Obviously the 40% cumulative ticket price rises at United since 2005 make that £109m number possible, but ask yourself this:

a) Isn't Michel Platini right?  Isn't the financial tragedy of football both United style debt but also the fantasy world of £31m+ annual losses funded by rich men who feel nothing for their club toys?


but more importantly....


b) Aren't City a MASSIVE club?


LUHG








Any source

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