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Value-based financial analysis and strategic advisory. Football + major industrial sector coverage. Home of Matchday Data series.
Feb 15, 2020 7 tweets 6 min read
A thread on #ManCity's financials...

Revenue growth has been a straight-line trend since 2009. With #UEFA's #UCL ban and fine, we expect annual revenue to drop below £500m for 2021-22. 1/7 Staff costs trend has been tempered by formation of City Football Group and the assumed transfer of some #MCFC costs into the new holding Co. #ManCity currently run 2nd-highest staff costs in English football behind #MUFC (£315.26m vs £332.30m). 2/7