City Football Group - Financials & Acquisitions

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.
 
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
 
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?
 
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.
 
Manchester City’s Owner Helps Usher More Russian Tycoons to UAE
https://www.bloomberg.com/news/arti...owner-helps-usher-more-russian-tycoons-to-uae
Just as I was sitting back feeling pretty good at the talent on this squad and imagining what it would be…ahem… what it will be like once the CB’s are all healthy and get in sync and the attack gets even better. I believe that this team has the ability to be the absolute best, an absolute beast and absolutely the most entertaining team in MLS. This news sucks and I guess should not be all that surprising.