Manchester City make £121m loss with wage bill bigger than turnover

Originally Posted by andyroo

Wages to turnover 107%

Be interesting to see how they manage this. Still have Bellamy and Adebayor as high wage earners on the payroll.

You can see why spurs may have to sell bale to rebuild..

Originally Posted by Fuzzy Dunlop

could someone please explain in layman terms the new rules. will they have to cut their wage bill if they want to play in europe?

It's all explained in layman's terms in a link a put a few pages back
http://swissramble.blogspot.com/2010...reak-even.html

However, it's rather long and I know you have the attention span of a kitten that's been raised in a dark room. So for you, yes.

What these stats show is how important match day revenue is and the advantage it generates of all the others except Arsenal.

Villa look very £#%&!ed to me.

Article on the BBC about Chelsea & City risking losing out on Europe if they don't sort it out.

an excerpt...

Even though the regulations allow teams to record cumulative losses of £39m from 2013 to 2015 and a further £26m from 2015 to 2018, the deficits being run up now won't be easy to turn around.

The solution should be straightforward - slash your football costs or grow your football revenue. That's much harder in reality.

Take Chelsea, for example. They made a £70m pre-tax loss, but by Uefa's measures they recorded a slightly better break-even result of -£52m in 2010. That figure does not include the January transfer splurge of £71m on Fernando Torres and David Luiz. Nor the inflationary effect they will have on the club's wage bill.

The rules state wages of Premier League players signed before June 2010 will not need to be taken into account but those from the August 2010 and January 2011 transfer windows will.
To prevent clubs simply splashing out before the rules bite, Uefa requires clubs to spread the cost of a transfer over the life of the player's contract. So Torres will cost Chelsea £10m a year until 2015. To put that into context, that's 5% of the Chelsea income Uefa recognises.

Ouch.

Originally Posted by redhegemony

Villa look very £#%&!ed to me.

Especially with their saleable assets either winding their contracts down or just not performing (Young and Agbonlahor) and when you consider they got twenty odd million for Milner last summer, it really doesn't look good, can't imagine they will be getting anything like that income this year.

We should try and nick that young winger, not young, the other young one, tore us a new one at VP...

Originally Posted by dunk

Especially with their saleable assets either winding their contracts down or just not performing (Young and Agbonlahor) and when you consider they got twenty odd million for Milner last summer, it really doesn't look good, can't imagine they will be getting anything like that income this year.

We should try and nick that young winger, not young, the other young one, tore us a new one at VP...

Albrighton looks like a great prospect. Kind of player you would think Arsenal would go for. Abonglahor, Young, Downing, Bent, Bannan, Albrighton, Dunne, Collins would all surely leave if they went down.

Originally Posted by MrBishi

It's all explained in layman's terms in a link a put a few pages

Lost interest here, anyone else?

Originally Posted by Sparky***

oh dear.

you ever spend the night throwing shapes in Club Boulevard?

Many a mis-spent night of my youth vomiting outside that place.

£#%&!ing hell there's a blast from the past spent my 17th there (21 years ago ) when it was called Broadway Boulevard's, proper dodgy and got ripped off for some speed by a huge rasta

Back on topic Abramovich has broken the £1bn barrier with chelsea

whats the '156,910 other' for arsenal?

WTT 88% @ Villa got to be down in some part to O'Niell hasn't it

to think I Remember a time when people had him down as the next United boss

Originally Posted by thatsfuctit

whats the '156,910 other' for arsenal?

Probably something to do with the properties where Highbury was.

Originally Posted by thatsfuctit

whats the '156,910 other' for arsenal?

think it's the development of highbury

Originally Posted by redhegemony

think it's the development of highbury

It is, they showed a loss for the first 6 months of this season/financial year

Originally Posted by redhegemony

think it's the development of highbury

Yep, here's some pictures of it now.

http://www.guardian.co.uk/sport/gall...179271&index=0

Originally Posted by Sandman

Yep, here's some pictures of it now.

http://www.guardian.co.uk/sport/gall...179291&index=8

A mate of mine owns one of them, quite cheap from what I remember.

Must be full of gooners though.

Is there a blue plaque on the spot where Sheasy lobbed Lehmann from?

There should be.

Originally Posted by beansy

A mate of mine owns one of them, quite cheap from what I remember.

Must be full of gooners though.

looks £#%&!ing rank

Whilst looking for the onfield ruckus between United and Arse from the early 90s (?!) I found this instead:

https://www.youtube.com/watch?v=l2PutLBoZYI

Some absolutely ITK, well-known Reds in that vid. Half of them on bans. Other half were at THAT Feyenoord game

Chelsea are in trouble with these rules in the next few years.

Ashley Cole - 30
Lampard - 32
Benayoun - 31 in a few weeks
Drogba - 33
Malouda - 30
Ferreira - 32
Terry - 30
Anelka - 32

They are going to need their youth system to really start producing first team players.