1. Thank you for visiting our NYCFC forum! We invite you to REGISTER and join our growing member base in discussion! Registered members can join competitions and win monthly prizes. So what are you waiting for!? Join us! This is a great MLS community where you can discuss New York City Football Club and other MLS football teams as well as international and other domestic league teams.
  2. Use your NYCFC Forums Credits or 'Dan Bucks' to remove the ads.

    Use Credits or Become A Donor

City Financial Group Financials

Discussion in 'Team News and Rumors' started by Kjbert, Mar 19, 2018.

  1. Shawn Ryu

    Shawn Ryu Junior Member

    Messages:
    483
    Likes Received:
    340
    Trophy Points:
    63
    Location:
    Brooklyn
    If they invest in club and put on a good product I could not give a damn.
     
    Kjbert likes this.
  2. LionNYC

    LionNYC Senior Member Staff Member Elite Donor Seasoned Supporter

    Messages:
    13,765
    Likes Received:
    23,698
    Trophy Points:
    303
    Location:
    New York, NY
  3. Kjbert

    Kjbert Senior Member Seasoned Supporter

    Messages:
    8,521
    Likes Received:
    12,427
    Trophy Points:
    303
    BB2N ?
     
  4. LeeNYCFC

    LeeNYCFC Regular Member Elite Donor Seasoned Supporter

    Messages:
    839
    Likes Received:
    2,136
    Trophy Points:
    183
    Location:
    Chelsea
    Kjbert and Christopher Jee like this.
  5. Keith Putnam

    Keith Putnam Senior Member Donor Seasoned Supporter

    Messages:
    1,841
    Likes Received:
    3,678
    Trophy Points:
    303
    Location:
    Astoria
    I love that the shade thrown by the title of this thread hasn't been changed.
     
    Kjbert and Ulrich like this.
  6. 413Blue

    413Blue Active Member Seasoned Supporter

    Messages:
    2,514
    Likes Received:
    3,865
    Trophy Points:
    273
    Location:
    MA
    Yeah. Pretty much what everyone surely knew already.
    I'm conflicted as to what I think about it. Sure, I dont like rule violations, but I also dont like the rules. The rules, while protecting some sort of integrity in the game, and clubs from going bankrupt, it also keeps clubs into their place and ensures the super clubs remain super and everyone else just remains in the Washington Generals role.
    Manchester United and Barcelona are super clubs because they have generations of history of legend in uniform and championships to build a brand around. Other clubs need to spend significant sums of money up front and the corresponding revenues will come years behind.
    I feel clubs should be free to invest new capital in their clubs up front. Obviously CFG takes this to the ultimate extreme
     
  7. Kjbert

    Kjbert Senior Member Seasoned Supporter

    Messages:
    8,521
    Likes Received:
    12,427
    Trophy Points:
    303
    I have a big issue with ownership groups saddling a club with debt.

    CFG hasn't done that. They've just paid out of their own pockets to cover losses. What's the problem with that?

    I do have a problem that they can't find $15 million to make a splashy MLS purchase
     
  8. LeeNYCFC

    LeeNYCFC Regular Member Elite Donor Seasoned Supporter

    Messages:
    839
    Likes Received:
    2,136
    Trophy Points:
    183
    Location:
    Chelsea
    NickFromAstoria, Kjbert and adam like this.
  9. Fake Jew

    Fake Jew Regular Member

    Messages:
    918
    Likes Received:
    1,655
    Trophy Points:
    153
    Kjbert and adam like this.
  10. LionNYC

    LionNYC Senior Member Staff Member Elite Donor Seasoned Supporter

    Messages:
    13,765
    Likes Received:
    23,698
    Trophy Points:
    303
    Location:
    New York, NY
  11. Kjbert

    Kjbert Senior Member Seasoned Supporter

    Messages:
    8,521
    Likes Received:
    12,427
    Trophy Points:
    303
    Up until recently, he was spending a ton of time in Manhattan.
     
    Fake Jew likes this.
  12. derek_villa

    derek_villa Active Member Seasoned Supporter

    Messages:
    2,698
    Likes Received:
    5,040
    Trophy Points:
    273
  13. LeeNYCFC

    LeeNYCFC Regular Member Elite Donor Seasoned Supporter

    Messages:
    839
    Likes Received:
    2,136
    Trophy Points:
    183
    Location:
    Chelsea
  14. Keith Putnam

    Keith Putnam Senior Member Donor Seasoned Supporter

    Messages:
    1,841
    Likes Received:
    3,678
    Trophy Points:
    303
    Location:
    Astoria
    Kjbert likes this.
  15. Christopher Jee

    Christopher Jee Senior Member Elite Donor Donor Seasoned Supporter

    Messages:
    2,456
    Likes Received:
    6,246
    Trophy Points:
    323
    https://www.nytimes.com/2018/11/09/sports/manchester-city-united-football-leaks.html

    Pretty contentious interpretation of the leaks from the NYT, which is strangely selective on when it chooses to care about soccer. Given what we know about FIFA, it's not abundantly clear to me how much worse things might get if these clubs had their way. Maybe it even opens the door a crack when it comes to thinking of new forms of governance.
     
    Kjbert likes this.
  16. LeeNYCFC

    LeeNYCFC Regular Member Elite Donor Seasoned Supporter

    Messages:
    839
    Likes Received:
    2,136
    Trophy Points:
    183
    Location:
    Chelsea
    “Off the field, though, the modern City has also become a point of reference to many. City Football Group, the umbrella organization that owns City and its interlinked network of sister clubs, has been consulted by the Chinese Super League on how to run its teams more sustainably. In the United States, in particular, Major League Soccer has made use of the vast database of information held by City’s recruitment department when assessing potential signings from minor European leagues.”

    Did they mean to refer to us here, or are they saying CFG is sharing it’s intel in some way for the whole league???
     
    dummyrun, Gotham Gator, adam and 2 others like this.
  17. mgarbowski

    mgarbowski Senior Member Elite Donor Donor Seasoned Supporter

    Messages:
    9,941
    Likes Received:
    27,086
    Trophy Points:
    353
    Location:
    Queens, NY
    Nice piece in ESPN about Man City and FFP and the Football leaks stuff. Conclusion:
    "It boggles the mind that a club run so well in some spheres could -- if the allegations are true -- have been run in a way that was so craven, cynical, sneaky and downright stupid in others."

    He thinks MC is probably right that FFP is unfair and probably an illegal cartel, but they mishandled the situation.
    http://www.espn.com/soccer/club/man...y-football-leaks-financial-fair-play-breaches
     
    Christopher Jee and Kjbert like this.
  18. Kjbert

    Kjbert Senior Member Seasoned Supporter

    Messages:
    8,521
    Likes Received:
    12,427
    Trophy Points:
    303
    I don't understand why anyone cares about this?

    We already knew that these nations are terrible human rights abusers. We know that certain individuals in all of these countries play footsy with jihadists (or worse). We already know that the amount of money available to them dwarfs the traditional ownership structures around the world.

    How are these "journalists" just now outraged? So the Sheikh dumped $1 Billion of his own money into the Club because it views it as an expensive plaything? How is that worse than what the Glazers have done to Manchester United?
     
    mgarbowski likes this.
  19. Keith Putnam

    Keith Putnam Senior Member Donor Seasoned Supporter

    Messages:
    1,841
    Likes Received:
    3,678
    Trophy Points:
    303
    Location:
    Astoria
    I think the outrage is less about "rich man spends money" than it is about ostensibly governing bodies, like UEFA, enabling Man City and PSG to break UEFA's own rules.
     
    Christopher Jee likes this.
  20. Kjbert

    Kjbert Senior Member Seasoned Supporter

    Messages:
    8,521
    Likes Received:
    12,427
    Trophy Points:
    303
    I think that is valid. But all the douchebag writers at the Guardian have their underwear in a bunch because of how much City spent.

    And I don’t even like City.
     

Share This Page