Biggest net profit ever

[Dreambeliever]

According to reports we are about to announce yearly profits exceeding 100m surpassing Leicester City’s 98m in 2016.

CL final,
League position and
Coutinho sale have been the major factor.

Fucking lizards eh?

 

[Mors]

https://www.thetimes.co.uk/article/...-record-profit-that-could-pass-100m-sfxdrcnl7

 

[FoxForceFive]

When's the open top bus parade?

 

[Modo ★]

 

[Markeh ★]

2. Sell underpants to creepy guys online by pretending hot women wore them?

 

[Oncy]

2. Sell underpants to creepy guys online by pretending hot women wore them?

HOW MUCH? HOW LONG TILL THEY ARRIVE?!??

 

[Markeh ★]

HOW MUCH? HOW LONG TILL THEY ARRIVE?!??

How long do you want them worn for?

 

[Brizzle ★]

Things have gone well in the commercial team since I presented my 'Top 5 revenue opportunities for LFC' to them.

 

[bkwitche2]

For me this means that there are no excuses not to continue to invest big mo way in the squad this summer whether we win the title or not.

For all the claims we are spending our way to greatness (total nonsense) here we are about to make more profit in a year than anyone ever has in this league.

 

[Momo ★]

So will we have massive losses next year with the Virgil and Fabinho signings?

 

[Woland ★]

No, they're amortised over the contract length. Hence the profit. Seems a bit odd, they must want a large dividend.

 

[bluebell]

Should add few more millions to the market cap

 

[localny]

It would be a great time to sell the club, if you were looking to make a mint

 

[6TimesaRed ⭐]

No, they're amortised over the contract length. Hence the profit. Seems a bit odd, they must want a large dividend.

Googles amortised (come on - own up how many here had to do that)

'gradually write off the initial cost of (an asset) over a period.'

Have a like Sir

 

[juniormember]

Googles amortised (come on - own up how many here had to do that)

'gradually write off the initial cost of (an asset) over a period.'

Have a like Sir

My bet is that most will have known!

 

[jimmy]

No, they're amortised over the contract length. Hence the profit. Seems a bit odd, they must want a large dividend.

But is it not the same with the Coutinho sale? Or have Barcelona already paid a large chunk of it?

 

[Woland ★]

No, they've made the sale and invoiced for it and that's that. You can't spread that out. It's normal practice for clubs or any business to amortise asset purchases, and I reckon FFP will be a big part of that in football. I'm way out of my depth when it comes to this stuff at the hundred million quid level, so my assumptions as to why they'd do this when they have 100 million they'd need to pay tax on might be way off, but my first thought is that they might want to pay some dividends to shareholders, and you can't declare them without first declaring profits. Dunno though, there are far better qualified people on here who might know better.

 

[YNWA]

But is it not the same with the Coutinho sale? Or have Barcelona already paid a large chunk of it?

The expectation is that the revenue growth is due to the CL run however the jump in profit is mainly due to Coutinho sale.


Sent from my iPhone using Tapatalk

 

[manwithnoname]

The expectation is that the revenue growth is due to the CL run however the jump in profit is mainly due to Coutinho sale.

Oh right, thanks for clearing it up. I thought it was the Mexican narcotraficante investment finally paying dividends

 

[Momo ★]

No, they've made the sale and invoiced for it and that's that. You can't spread that out. It's normal practice for clubs or any business to amortise asset purchases, and I reckon FFP will be a big part of that in football. I'm way out of my depth when it comes to this stuff at the hundred million quid level, so my assumptions as to why they'd do this when they have 100 million they'd need to pay tax on might be way off, but my first thought is that they might want to pay some dividends to shareholders, and you can't declare them without first declaring profits. Dunno though, there are far better qualified people on here who might know better.

That seems right. The same rules should apply whether it’s 100k or 100m.

I’m guessing the owners are also directors so if they wanted dividends they could’ve taken them out at any point as an interim payment.

 

[Woland ★]

Yeah but if you've already taken them you have to declare them as divs at some point in the next couple of years, otherwise you end up paying interest to the HMRC at 32.5% as well as all the tax. Or something.

 

[Momo ★]

The tax charge will come about whenever or however they take the distribution. So it could be a timing issue.

Either way the lizards will take the money at some point. Either as a dividend or within the gains when they do sell.

 

[jexykrodic]

Must be helluva net.

 

[Woland ★]

Yeah the tax will, but the interest won't, if they have been taking interim divs and then declare the profit and take them.

I thought their business was based on stealing an asset for a couple of hundred million and building it up to be worth billions. So maybe, just maybe, they're declaring all that profit because of FFP and they're going to go mental in the summer.

 

[Brizzle ★]

Yeah, my first thought was FFP related and they are wanting a buffer to do some investments (whether in players or maybe also in the stadium etc, again - although I think I read that costs on infrastructure are excluded from FFP).

 

[doctor_mac ★]

Yeah the tax will, but the interest won't, if they have been taking interim divs and then declare the profit and take them.

I thought their business was based on stealing an asset for a couple of hundred million and building it up to be worth billions. So maybe, just maybe, they're declaring all that profit because of FFP and they're going to go mental in the summer.

The only conclusion I can draw is that we're buying M'Bappe.

 

[Brizzle ★]

The only conclusion I can draw is that we're buying M'Bappe.

*chooses campsite spot*

 

[Mors]

As predicted then. Well done FSG

https://www.skysports.com/football/...cord-revenues-as-pre-tax-profits-soar-to-125m

 

[Silver Sean]

Best owners we've had since the days of Smith and Robinson.

 

[6TimesaRed ⭐]

Best owners we've had since the days of Smith and Robinson.

But... But..

They are lizards...


In serious they have moved the club forward.. But they really need to get this team winning trophies.. The club has potential to match United in terms of revenue, this will only happen quicker if club becomes continually successful on the field (and they (UTD) remain unsuccessful).

If we fail to win the league or the CL this season, investment in the playing squad will have to be turned up notch to compete with those blue moon dick heads down the M62..

City can field two teams that are capable of finishing in the Top 4... With the correct investment in the playing squad to give us strength and depth and the development of youth players, I do think we can match them in the long term.