£265m

[Ludo]

A Chinese consortium have bought a 13% share in the City group.

http://www.mcfc.co.uk/News/Club-news/2015/December/CFG-statement-1-December-2015/1448953247?#

[Stephen Paul]

City are ruining football !!

[goat]

nuclear shit under the car park

[bry the guy]

Could this be the start of them selling us off for good?

[KunDB]

Oh I thought the British press and FIFA/UEFA said these were mug punters flushing good money down the toilet?

Not a bad return and a £3bn valuation of the group that is only set to rise and rise, on the back of this deal.

This is all good news for Manchester City, win, win, in my opinion.

[Swiss]

Interesting: I doubt a sell of, however, it should help generate £££'s in the Asian market

[Lekos]

Interesting: I doubt a sell of, however, it should help generate £££'s in the Asian market

What Statto said

[Rowley Birkin QC]

Not a sell off. The group are trying to gain a bigger foothold in the lucrative Asian market and most likely there will be a [insert name of Chinese metropolis here] City joining our sister clubs in the not too distant future. All the big clubs are chasing the Asian / Chinese 'dollar' - Real Madrid in particular.

[Swiss]

You've also got to remember that it's the city group, not city. not all that money to buy messi is coming to us...

[nimrod]

As Ken said a wise way to get a big foothold in the billions of Asians who currently wear rag or dipper shirts

What we need now is a Chinese player (bring back Sun)

or that guy on facebook who had to prove his name by taking a pic of his license, Phuc Dat Bich, great name to bring on as a sub

[Ludo]

Can we buy another team in the same Asian confederation?

[Lekos]

Grapevine says we are already talking to a Chinese Super League team (and have been for a while). We don't own a majority of Yokohama so another club purchase with controlling stake should be OK.

[nimrod]

This is the Mail but if its a bit true its quite amazing

[bluebrendan]

Could this be the start of them selling us off for good?

Nope, getting a foothold in China at this level means getting Chinese government approval and also a Chinese company taking a stake in the venture. 13% entitles them to one seat on the 7-strong CFG board but they have no effective say in company policy.

[reddishblue]

[Lekos]

This is the Mail but if its a bit true its quite amazing

Well, the 'Man City' value is wrong. That figure applies to City Football Group.  MCFC is valued around £800m.

[gavin]

I'm not sure how MCFC is worth less than half of CFG.

[Lekos]

Well NYCFC and Melbourne have a value and 20% of Yokohama, plus City Football Group in terms of a business that offer consulting, etc. I'll try and find it online and post a link. Might be a little more, but not much.

[Lekos]

Can't find the article with that info in. Can't be arsed to look anymore, but forbes values MCFC at $1.375 billion USD, £920m.

http://www.forbes.com/teams/manchester-city/

If / when I find the other article I'll post it.

[nimrod]

Well, the 'Man City' value is wrong. That figure applies to City Football Group.  MCFC is valued around £800m.

thought so

is that figure 'after' we finish paying Danny Mills ?

[Lekos]

Yeah, that's why the forbes estimate is out by £120m

[Lekos]

MCFC valued at £905m in this article

Link.

[nimrod]

Interesting article
http://www.dailymail.co.uk/sport/football/article-3342733/Manchester-City-gone-noisy-neighbours-matching-rivals-Man-United-pitch.html


How things have changed haha

2005-6  season buys;

Andy Cole - Fulham - Free
Darius Vassell - Aston Villa - £2m
Yasser Hussein - Al-Sadd - Undisclosed
Tuomas Happala - Free
Georgios Samaras - Heerenveen - £6m
Albert Riera - Espanyol - Loan
Matt Mills - Southampton - Undisclosed
Joe Hart - Shrewsbury - £1.5m
Paul Dickov - Blackburn Rovers - Free
TOTAL SPEND: £9.5m

I remember thinking Samaras was expensive 


even worse the year after

Ousmane Dabo - Lazio - Free
Dietmar Hamann - Liverpool - Free
Hatem Trabelsi - Ajax - Free
Andreas Isaksson - Rennes - £2m
Demarcus Beasley - PSV - Loan
Michael Ball - PSV - £2m
Emile Mpenza - Free Agent
TOTAL SPEND: £4m