City Football Group - Financials & Acquisitions

LionNYC

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Wonder how this April 2020 article slipped under the NYCFC radar...


But I want to mention that this $100M UNREALIZED gain makes no difference to NYCFC's finance and operations. CFG would only get this money in the event on a sale of the club. The markup is just based on the latest expansion fees in MLS.
 

Kjbert

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Wonder how this April 2020 article slipped under the NYCFC radar...


But I want to mention that this $100M UNREALIZED gain makes no difference to NYCFC's finance and operations. CFG would only get this money in the event on a sale of the club. The markup is just based on the latest expansion fees in MLS.
Use us as collateral to purchase Haaland
 

Kjbert

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Imagine is CFG use the money for Haaland’s transfer instead to cover our transfer fees for DPs for the next decade.
don’t have to imagine it. It’s happening. They use the franchise fees to pay for us. It’s a shell game. What happens when they run out of MLS franchises to give away at $200 million a pop?
 

413Blue

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don’t have to imagine it. It’s happening. They use the franchise fees to pay for us. It’s a shell game. What happens when they run out of MLS franchises to give away at $200 million a pop?
We've most likely received less from our share of expansion fees since paying ours than we paid in.