johnpb78 wrote:Guy Debord wrote:I think there's no doubt that once this season is over the club will look to the leisure development and an enlarged stadium with more corporate facilities to push up revenue.
'The latest Deloitte Football Money League report revealed City's match-day revenues and commercial income were both relatively low compared to other big hitters in the Premier League.
In the 2008-9 season, City collected £20.8m annually – £8.2m lower than Newcastle United despite playing seven more matches, and around half that achieved by Tottenham despite having average league attendances 7,000 higher'.
United's is around £100m a season.
Some interesting points in there from the Liverpool aspect. One thing I take from the article is that if the takeover is not completed in this transfer window, they may be in a bit of a pickle with regards spending any money resulting from a cash injection.
From our own perspective, the first thing that needs to happen is to buy out the council's interest in the attendances over 34,000 as this will massively hamper not only current income, but potentially also be an obstacle to increasing the capacity.
The 2nd thing that needs to happen, is that City need to start distributing their merchandise through a better & bigger distribution network than their own store and frankly shite website (imo). I know kitbag have been brought in, but unless this is going to result in other retailers being allowed to stock city shirts, then I don't see how we intend to take over the world, or for that matter, even Manchester.
Those two individual actions would boost our income by huge amounts. The first would be by making a one off payment this year to the council so the income will show up on our books in full, but the cost of buying those rights wouldn't. If we can't get this sorted, it really wouldn't surprise me to see us plan a new stadium altogether.
Good Points John, I imagine City could get whatever they want from the council since Mansour is spearheading East Manchester regeneration these days.