Its literally a cheat code in football and should be illegal and now i cant wait until the 116 charges of rule breaking go against city hopefully at least a few of these serious charges and rule breaks gets them kicked out of the English top 3 or 5 divisions and a huge billion pound fine will be fair😊
Absolutely love these ownership videos, shows us who really owns these clubs and what's their real interest. Cheers for the great video, keep it up guys.
UEFA is as dodgy as fifa, which is why so many things got approved, easier to do than actually solve these issues once and for all, just say yes to everything and get an under the table deal. GG humanity, this is why we wont progress past the way it currently is.
It is possible to keep a club local and have rich/responsible non-local owners. Take OGC Nice and (my club) Barnsley. We have the same owners (give or take a few board members), but there has so far been no attempts to homogenize the culture of the two clubs. Indeed, our owners actually said that they wanted to maintain the grassroots culture of both clubs. They've greatly improved our services, basically ensured that Barnsley will continue to exist for many decades (which was a big concern of ours when our previous local owner died of cancer last year, RIP), and have provided us with better international connections for players without destroying the superb academy we've been well known for in the English football leagues.
I think the New York FC - Manchester City connection is really cool. It's like having your own personal scouting network across the world. New York FC can focus on training & developing young talent from the Americas up until a point where they are ready to make a move to Europe, which they can then transfer over to Manchester City. Makes the whole process streamlined. Way easier for Manchester City to evaluate players that way instead of sending scouts halfway across the world & make a decision on just a couple games they see.
There’s no difference between city Football group, Russian oligarch club owners or current AC Milan owners, what people don’t get is that this is a business for them. They’re here to make money
There is a big difference, Roman loves Chelsea and he never earned anything from it he lost money and only cared to win titles and the Champions League.
There is not connection between Russian oligarchs and they operate in interests of their own. City Group owns several clubs and therefore they have loopholes to bypass some rules with them.
stickboi13 u can’t say this about city group look what they have done for Manchester as a city, the barren land renovation alone costed more then £300m
Football used to be local fans supporting local teams, and the players of those teams being loyal to their team. Now football clubs are businesses and corporations. Owners only care about money making, and most players are mercenaries. Feeder teams are bad, and club groupings like this are even worse.
i dont know how you view this but this is an excellent model and serves example to other club owners in my opinnion. I just see City ahead of the curve. They really know what to do even in ethical grounds of the game. It actually also kind of give hopes to midtable clubs like city were before the famous purchase and now can be see as a perfect answer to rectify ueafa and other football governing bodies that only made rich more richer and poor more poorer. It can be a different interpetation but from this what i see is a Group excellently run from Top to bottom.
UEFA approved Man City's sponsorship deal but fines them 49M pounds. Translation: Your sponsorship should only be for 351M pounds, but instead of re-negotiating it, just pay us the difference and we're good.
Thanks for this video. Great insight. It is disappointing to see that how these big football clubs are taking advantage of the loopholes but what's more disappointing is the fact that UEFA going against the rules set by them. They are the enablers. Nevertheless, you guys (Tifo) are awesome!
Great video guys! I think it would be really cool to talk about the rebranding happening in La Liga in the past few years. Their expansion to the USA, other TV deals etc. I think it would be really cool! Cheers :)
Since this Video CFG have acquired a 28% stake in Sichuan Jiuniu F.C in China who have since been promoted to the Chinese 2nd Division, a 65% stake in Mumbai City, 100% Percent of Lommel S.K. who are in Belgiums 2nd Division and have changed the name of Club Atletico Torque to Montevideo City Torque
The season we got bought by the ‘arabs’ we were comfortably in the premier league with players on the up like Hart, Zabaleta, Kompany but i guess that’s a bit to complicated for your small mind...
Without SAF, united wouldn't be this great. Without roman, chelsea wouldn't be this great. So what? Any team have their own key person who made their club great
very worrying cos this group would obviously love to have champions in every league they invest in and with the growing money it could potentially wipe out competition in a few decades
It's important to recognise with the introduction of sister clubs players have opportunities they mightn't have had otherwise, examples of this are players such as Mooy and Arzani who's international recognition became much greater once their name was attached to the city group, and had an easier passage to bigger league's and clubs due to city's aid
Reading the comments section, it's funny how it seems well English speaking presumably westerners are against this, but there are also people from presumably weaker football countries asking them to buy a club/invest in their league.
Considering how the CFG have made great steps regarding grassroots football in every city they are in, its simply unfounded to think that they would buy a club in a new makret and ruin the grassroots football there. You mentioned a "Manchester City Beijing FC", surely if CIty have name each of their other clubs after teh city they are in, there would be no reason to deviate from this in China. The movement of players loophole is where the real controversy is, stick to that.
There's an annoying sound in the audio/music that sounds like someone clicking a mouse every two seconds. Grinds on me lol But as usual, you guys are the best at what you do and another top notch video.
I personally think there’s a lot of good that comes from this sort of network; if you’re a player that gets in, they’re gonna find you a career somewhere where you can fit in, and if you’re young and develop well they’ll sell you on to brighter pastures while helping themselves meet the ridiculous FFP regulations the old elite lobbied for. It also is a chance to bring attention and money to places that may need it and otherwise may not have gotten it, and you can’t tell me Girona aren’t appreciating the players city have loaned over- especially after beating Madrid this morning.
Another thing that's happened very recently too. Daniel Arzani, who was signed directly to Melbourne City, has signed over to Manchester City, and has now gone on loan to Celtic. Surely it's got something to do with financial fair play for Manchester City. Otherwise, why not just send him out on loan from Melbourne City directly to Celtic?
the problem with CFG is not that they own multiple clubs per se. It's the fact that they use those multiple clubs to engage in all manner of financial chicanery to cook their books. Also they are dramatically overstating the actual value of those sponsorship deals to be able keep spending absurd amounts of money and not run afoul of FFP. No one in their right mind and no honest accountant really thinks city made a profit the past 3 years. As a business model the owners are playing the long game building the value of the brand and are not concerned in the least with short term profits/losses. they are perfectly capable of losing a few million a year in order to build an asset worth billions, which is exactly what they've done. You build a global brand by winning big and you win big by buying the top talent.
The idea that a large PL club could use the books of a MLS, Australien League and 2nd tier Spanish club's accounts to cook the books is clearly absurd to anyone with any idea about the financial disparity between them. It's very easy to see how City made a profit, they get 100s of millions from PL + CL prize and TV money. A club like WHU can spend 100m for the same reason (minus CL)
I think it's a positive tbh, has gave plenty of players opportunity however don't agree on the whole "man city Beijing" but clubs with good links is positive Imo
1.) Wasn't Melbourne City FC formed in partnership with MCFC and NRL side Melbourne Storm? 2.) That thing you mentioned about "Barcelona Beijing" already happens in South Africa. There's a team which goes by the name of "Ajax Capetown", the sister club of Ajax in the Eredivisie.
As long as we live in a capitalist world, these things will continue to happen. City are just operating within a gray area and this is coming from a united fan
Manchester United started all this when they floated on the stock market back in 1991. Similarly the Spanish state have been colluding with Real Madrid for decades. My point is that, although dodgy, City seem to be unfairly targeted by many. Great video though.
Manchester United caused a lot of the financial issues we see in football today. But the media will have you believe they are angels who achieved everything through pure hard work and dedication.
Yes. Let's shift the blame to United just because they conducted a legit business practice called floating on stock market. Stock market meant to raise money and comes with high risk. "Although dodgy, City seem to be unfairly targeted by many." Bullshit.
wikichris actually the spanish state does not cheat to get real Madrid to win. That's a myth that has been refuted. Real Madrid were successful and literally represented Spain in europe and around the world so the regime wanted them to represent Spain because that's exactly what they were doing.
How has it been refuted? Even the EU said it was true after years of investigating. Separately, everyone knows Real Madrid worked with the government to get Beckham in to the club - that's not even for discussion.
I never said it wasn't a legitimate business transaction just that that was the big shift in money in the premier league. Immediately after they won the league many times. City being bought by Arabs is also "legitimate".
Hey comment section scrollers, are there any other channels you subscribe to because they provide really informative videos about the financial aspects of football like this channel? This type of content is very interesting to me.
Well next stop could possibly be India as well, recently both Melbourne and Girona was in India to play a Pre Season Friendly (under the name of La Liga World or something on those lines) India, China, UK, Spain, Australia, US, they can create their own league (or a pre season tournament with just these teams potentially replacing ICC)
City football group is ruining a lot of the integrity (or what's left of it) of the A-league and the transfer/salary cap policy. Making a meal of the salary cap isn't hard but what they're doing just typifies it
However the city group have been able to expose Australian talent. Mooy, Arzani etc all went through Melbourne city before moving the man city and now play in strong leagues. This has improved Australia’s talent pool and exposure
I disagree. Australia has had talent here for ages before CFG were even a thing. Kewell and Viduka, to name just a couple, have had nothing to do with them. But it's just that now CFG have a 'branch' out here, so they're able to get them into the family easier, so to speak. They'll spot a local player they like, sign them to Melb City, and if it works out well, sign them to Manchester City, then offload to a foreign club for a decent profit. Aaron Mooy, Luke Brattan and Anthony Caceres were never going to play for Manchester City. And I'm pretty sure the same goes for Arzani(after his loan spell at Celtic, of course). I heard a while back that the profit they made from the Aaron Mooy transfer alone was worth them setting up shop out here. I'm not sure if it was enough to cover their entire business out here in Australia, or just the purchase of Heart, but it was one of those things. I'm not sure what their motives are, whether it's in regards to Financial Fair Play, or whether it's just as simple as making a profit. They signed Arzani from Melb City to Manchester City, then sent him out on loan to Celtic. Why not just send him from Melb City out on loan? It's the same people involved in both clubs. And none of this is a criticism either, as much as I can't stand Melbourne City. As far as I can tell, no laws are being broken, and loopholes will be closed if they're found out(just like the Caceres one was).
So whats the problem?? Barca Beijing vs City Beijing would be a great game. The teams would have a Beijing following and personality and its not like theres a 50 year old Beijing club thats being buried by these new clubs-China doesn’t have any legacy football teams. What is created though are high end quality football clubs, competing against each other instead of minnow team A vs minnow team B. The quality of football worldwide will rise with more EPL and La Liga level leagues. Competition in the World Cup will be even fiercer when countries are fielding players from these heavily competitive leagues. Sure, money will chase the best players into the best clubs - but thats been happening in English football as far back as the 30’s. Arsenal broke the transfer fee record in 1928 when they paid the first ever £10k fee to acquire David Jack of Bolton Wanderers. The numbers are smaller but essentially its the same thing because other clubs didn’t have £10k to blow on a player at that time. The trick is smart scouting and smart accounting. Scout the best talent before the player is a known commodity. Just think, Chelsea let KDB go for £20mil! ...he’s now the beating heart of his champion winning team ...City bought him for £68mil from Wolfsburg. His market value is now £135mil! Conversely, Utd got Pogba for £94mil and Lukaku for £76mil, each of whom have had a meager impact; 13 and 18 goals respectively. (Very expensive goals!) Its not City’s fault other teams make daft financial decisions. In fact, if City weren’t there, United would have won the league last year and rewarded for bad behavior by doing exactly what everyone is complaining about-throwing stupid money at a problem until they’ve won. As we saw with Sanchez, City have shown, even though they have the money, they will not overpay for players...United on the other hand will apparently pay £53mil for Fred from Shakhtar Donetsk. Ridiculous.
Good thing in MLS there is such a thing as salary cap otherwise with all the money they have NYCFC could always be Champions. Maybe other competitors would be RBNY. It would be like La Liga with only 2 teams existing that you know it is either or and who's turn it is to be champions.
In the video, when it says that Man City are making profits, partly due to to shifting a chunk of their wage bill to City Football Group, does that mean that they're making a profit in pure business accounting terms as well as in FFP rules? I'm asking because I thought that FFP rules wouldn't allow that type of shift of wages to the City Football group to affect the FFP accounting style.
A fantastic video which makes us to know how Manchester City has been spoiling the sport for the past 10 years!!!Until a men's football authority would inspect and charge them for their overspending amounts and bribing the officials to win and draw a game and to buy a trophy,the Premier League in common would be the most boring league in the world together with some of the Asian leagues!!!
You mention UEFA's regulations not being built for this new model; I'd go so far as to say that no rules anywhere in the world are built to limit the power of the super-wealthy and corporate feudal lords. The concentration of capital in the world is very scary on a lot of levels.
Should get a share in a football league team so young players who sit in the reserves can experience English football. Also if they got a team near Manchester the lower league club could use the training facilities
David Kerr Why is that? What is the difference If the money is coming from the US, China, England, or UAE? Paper is paper. Utd, Chelsea, Arsenal... They all have foreign owners.
David Kerr Lmao when was the last time a club had to struggle to get money? United had their share of sugar daddies back in the day, Chelsea was pumped full of Russian money in early 2000s, meanwhile Fenway is now pumping money into Liverpool.
David Kerr - I agree. The world cup is a nice solid trophy, but the PL, FA Cup and League Cup trophies are all hollow, almost like they are actual cups. You can even fill them with champagne...........very weird.
David Kerr It only feels sudden because as football fans we're too caught up in the pomp to put our foresight to good use. When the Premier League was transitioning to Pay per view, Sky had a promotional campaign with glamour and cheerleaders,essentially a distraction. A decade and more later, many people can't afford to watch top flight football anymore. United finance a transfer through debt and equities, the fans only care about the world record fee. The fact some fans are desperate for "big money signings" shows that many of us are too preoccupied by the opulence. The EPL is just a microcosm. It shows our regulatory authorities are only interested in the money. The reason why there was very little challenge against foreign entities is because that was the desired outcome. Most of the owners were only loyal to money and they made a killing from selling. The owning families of Arsenal FC sold once worthless shares to Kroenke for millions of £s. Then take into account that many of them are tax exiles themselves. JP McManus who sold to the Glazers, resides in Barbados. He's not sentimental about selling. The surge of foreign ownership in English football is only reflective of what's been going on in the wider British Economy for the past few decades. Bear in mind that British investors are buying up foreign properties just as much as foreigners are buying British properties. It's just that as British domeciles we have a one-sided view of things. It's an equal exchange as far as the elites are concerned. What you're observing today in Britain is what people in low-income countries reliant on FDI have been witnessing for YEARS. Over half of British firms have been purchased by foreigners. foreigners. Utilities, Telecoms, Retail, Real Estate, you name it and I bet you it's been sold off. Many economists believe in this thing called Comparative Advantage. That is, in International Trade, one country specializes on exporting specific products and imports the rest from other "specialized" countries with as few trade barriers as possible. Some time in 1979, the Tories. decided that the UK should focus on the defence, financial, legal, pharmaceutical, tourism and aeronautical industries. And what's funny is that, apparently... so did the British electorate it seems, otherwise Thatcher and Major would not have been elected. During successive Tory governments, wholly and partially state-owned assets were privatized to investors who then sold many of them to foreign entities. This was the case, especially for the automotive industry e.g British Leyland. Which makes it even more ironic to hear staunch Tory, Jeremy Clarkson, complain about a lack of British owned cars. He very likely voted for Thatcher and Major. The privatisation (e.g certain NHS contracts) continued under Blair's New Labour. The neoliberalism continued and it seems the majority of the British electorate wanted it that way. So is it really a surprise that has now spread to football? Westminster has decided to make the UK a tax haven. Any wealthy foreigner can escape authorities back home by parking their money in the U.K. Put in a bank, buy property, buy a football club, it doesn't matter, your money is shielded.
Can you make a comparison between City group and Red Bull? They both almost have a similar business pitch of having a uniformed football team across the globe
Hey Tifo Football, I have a video recommendation: The Aspire Academy, how it works and so on, I think that would be very interesting! amazing content, keep up the good work!
I love your channel, and I love the fact that you go into the business side of things. Like many fans, however, you seem to be a bit naive about the way the sport has evolved and the way business works. While it's completely understandable to be concerned about some of the way league rules can be skirted due to the new management structure of an organization like City Football Group, you seem so suggest that this is some new and terrible thing overall. First of all, if you are concerned about local team cultures, instead of your example of a Barcelona Beijing vs a Manchester City Beijing, you need to cut out the root of the problem: stop all cable deals with international providers. Stop selling Premier League merchandise globally. Do everything you can to prevent other countries from being aware of your sport and your brand. Obviously, even if you attempted to do that, you'd fail. And so sooner or later, if your teams are any good, people are going to want to be part of the culture that you've created. This really is not a bad thing, except for those fans who would like to keep the phenomenon to themselves, which is simply impossible in this day and age. Now, unless you're willing to completely gut the modern football business (eg, restrict Premier League teams to being England-only in terms of talent recruitment and marketing), you might as well enjoy the changes wrought by the globalized business models, of which CFG is only the most modernized example. As an American, I was always told that Football is a global sport- it might have some remarkable success, but it really isn't GLOBAL when it is rather underdeveloped in India, China, and the US, not to mention a number of other Asian countries. The sport has great potential to unite even more people, but that's only if you let the business develop to support it.
There will always come a time when an incorruptible administration (FIFA) will arise, and put a stop to this absurd monopoly. Its just terrible for the game.
can anyone confirm? does Celtic Fc in SFL apart of City football group? it seem they keep loaning their player there ie Patrick Roberts and now Arzani who they bought from Melbourne City Fc. That look a lot like what they did with their Girona Fc sister club, sign players and loaning it to those clubs
question, why such a long gap in the years between the start of the Red Bulls project and the City Football Group project? I'm curious as to why years went by before anyone tried to follow in the footsteps of the Red Bulls business model of buying clubs in different countries.... they've been doing it for years. Was the RB project deemed a failure/not profitable enough?
The big differences are that City Football Group 1) is the owner of one of the giant super clubs of European football and 2) is connected to the United Arab Emirates' royal family and essentially has unlimited state financing at its disposal. Meanwhile, for a long time Red Bull's biggest clubs were Red Bull Salzburg and Red Bull New York. Both respectable clubs, but minnows compared to Manchester City under CFB. Red Bull is also a public company that is based in Europe and subject to European regulation and monitoring.
I swear Man City have the best accountants in world football. They always find a loophole.😂
Tosin Oloke Manchester city doing the right thing whereas UEFA is trying to protect club like United & Liverpool.
Watching this after City got kicked from the UCL...
@@tommanners1116 watching this when they are back in
Best accountants & lawyers 🤣
Its literally a cheat code in football and should be illegal and now i cant wait until the 116 charges of rule breaking go against city hopefully at least a few of these serious charges and rule breaks gets them kicked out of the English top 3 or 5 divisions and a huge billion pound fine will be fair😊
Absolutely love these ownership videos, shows us who really owns these clubs and what's their real interest. Cheers for the great video, keep it up guys.
Mánuel Kiatoko You shouldn't take Tifo's word about 'their real interest' as holy, they're just guessing.
Now let's see if they also do a video on how Real Madrid has been financed. Or is it just a hit job.
These videos are absolutely fantastic thank you
This channel is really great as it helps a common man to understand football totally i.e both on and off the pitch
UEFA is as dodgy as fifa, which is why so many things got approved, easier to do than actually solve these issues once and for all, just say yes to everything and get an under the table deal. GG humanity, this is why we wont progress past the way it currently is.
Clubs should be local.
This is becoming far too corporate.
JRM 4 PM completely agree ( city fan )
JRM 4 PM A G R E E D
Local meaning moneyless, badly run and not helping talented kids develop properly? Sounds fucking amazing!
Db118 would you revert city back to pre-2008 then if you don't mind me asking? or would you prefer to have it how it is now
It is possible to keep a club local and have rich/responsible non-local owners. Take OGC Nice and (my club) Barnsley. We have the same owners (give or take a few board members), but there has so far been no attempts to homogenize the culture of the two clubs. Indeed, our owners actually said that they wanted to maintain the grassroots culture of both clubs. They've greatly improved our services, basically ensured that Barnsley will continue to exist for many decades (which was a big concern of ours when our previous local owner died of cancer last year, RIP), and have provided us with better international connections for players without destroying the superb academy we've been well known for in the English football leagues.
As always Great content. Keep up the good work!!
I think the New York FC - Manchester City connection is really cool. It's like having your own personal scouting network across the world. New York FC can focus on training & developing young talent from the Americas up until a point where they are ready to make a move to Europe, which they can then transfer over to Manchester City. Makes the whole process streamlined. Way easier for Manchester City to evaluate players that way instead of sending scouts halfway across the world & make a decision on just a couple games they see.
Thouroughly done and well-needed video. I'd like to see one of those on PSG's finances and ownership !
pls make a video on Barcelona board and how they work without owning by specifically anyone...
Yes
It's good that the local people own Barcelona
@@chidubemezugwu yeah but the board are ruining the club
your fan since the first umaxit videos
Same
Thought this video was going be shaming City but I found this very unbiased and informative, well done Tifo Football!
There’s no difference between city Football group, Russian oligarch club owners or current AC Milan owners, what people don’t get is that this is a business for them. They’re here to make money
A lot of owner lose money with these clubs. For many it's just a plaything, a dick swinging hobby for status. Either way, it's all very hollow.
There is a big difference, Roman loves Chelsea and he never earned anything from it he lost money and only cared to win titles and the Champions League.
I feel like u left out Stan korenke
There is not connection between Russian oligarchs and they operate in interests of their own. City Group owns several clubs and therefore they have loopholes to bypass some rules with them.
stickboi13 u can’t say this about city group look what they have done for Manchester as a city, the barren land renovation alone costed more then £300m
Wow, another great analysis video from Tifo. Life is simple I see a Tifo video notification and I click.
Football used to be local fans supporting local teams, and the players of those teams being loyal to their team.
Now football clubs are businesses and corporations. Owners only care about money making, and most players are mercenaries.
Feeder teams are bad, and club groupings like this are even worse.
Used to be? As in when your grandfather alive?
Still is at local
Stop being so since epl formed, not just in 2000.
So what you're saying is CFG are basically SPECTRE?
i dont know how you view this but this is an excellent model and serves example to other club owners in my opinnion. I just see City ahead of the curve. They really know what to do even in ethical grounds of the game. It actually also kind of give hopes to midtable clubs like city were before the famous purchase and now can be see as a perfect answer to rectify ueafa and other football governing bodies that only made rich more richer and poor more poorer.
It can be a different interpetation but from this what i see is a Group excellently run from Top to bottom.
@രതീഷ് it pleases you, not me particularly, so good for you.
UEFA approved Man City's sponsorship deal but fines them 49M pounds.
Translation: Your sponsorship should only be for 351M pounds, but instead of re-negotiating it, just pay us the difference and we're good.
Fining 49 million transfers money from Etihad to UEFA . Renegotiations won't bring any revenue to UEFA nor expense for Etihad
And now they own Mumbai City FC here in India.
Thanks for this video. Great insight. It is disappointing to see that how these big football clubs are taking advantage of the loopholes but what's more disappointing is the fact that UEFA going against the rules set by them. They are the enablers. Nevertheless, you guys (Tifo) are awesome!
Nothing makes people so mad as good business, especially when they aren't the ones profiting from it.
Here after CFG has bought 60% stakes of Mumbai City FC in Indian Super League. And yeah the club already had that name for five years
The amount of work you put for these videos is really excellent. Thanks for providing such content. *You're very underrated*
Great video guys! I think it would be really cool to talk about the rebranding happening in La Liga in the past few years. Their expansion to the USA, other TV deals etc. I think it would be really cool! Cheers :)
They're barely visible in the US. Only three leagues get significant TV traction in the US: MLS, Liga MX, and the Premier League.
Since this Video CFG have acquired a 28% stake in Sichuan Jiuniu F.C in China who have since been promoted to the Chinese 2nd Division, a 65% stake in Mumbai City, 100% Percent of Lommel S.K. who are in Belgiums 2nd Division and have changed the name of Club Atletico Torque to Montevideo City Torque
The city is blue ?
The city is blue?
Without the Arab
You’d be in league 2 !
BigVic hey bigfak you stupid idiot, say it when your team get centurions. So shut up!!!
The season we got bought by the ‘arabs’ we were comfortably in the premier league with players on the up like Hart, Zabaleta, Kompany but i guess that’s a bit to complicated for your small mind...
Without Levy you'd be in League 2. What does it matter what race they are?
We wouldn't be in League 2. We would still be in the Prem but on the same level as Stoke/Bournemouth maybe
Without SAF, united wouldn't be this great. Without roman, chelsea wouldn't be this great. So what? Any team have their own key person who made their club great
This is quality content 👌
This is amazing! It's the very reason I studied business, I find this so fascinating
very worrying cos this group would obviously love to have champions in every league they invest in and with the growing money it could potentially wipe out competition in a few decades
IRC they already make mini tournament between clubs in pre-session
The thing is, Football is passion/identity moved... There can be great teams linked to big owners... but no one can sweep our love for our team.
These videos are mad. I always found how people create a business out of football and these videos help
It's important to recognise with the introduction of sister clubs players have opportunities they mightn't have had otherwise, examples of this are players such as Mooy and Arzani who's international recognition became much greater once their name was attached to the city group, and had an easier passage to bigger league's and clubs due to city's aid
Reading the comments section, it's funny how it seems well English speaking presumably westerners are against this, but there are also people from presumably weaker football countries asking them to buy a club/invest in their league.
Would love to see a similar video about Red Bull’s structure within football
Love your content since day one! Keep up the hussle 👊
You boys should be at 1 Mil already. I recommend working with Jimmy Conrad or COPA US
Considering how the CFG have made great steps regarding grassroots football in every city they are in, its simply unfounded to think that they would buy a club in a new makret and ruin the grassroots football there. You mentioned a "Manchester City Beijing FC", surely if CIty have name each of their other clubs after teh city they are in, there would be no reason to deviate from this in China. The movement of players loophole is where the real controversy is, stick to that.
There's an annoying sound in the audio/music that sounds like someone clicking a mouse every two seconds. Grinds on me lol But as usual, you guys are the best at what you do and another top notch video.
Great information... never knew man city is such a large group football group
I don't get it. How it's a conflict of interests if these clubs are on different continents and don't play in same tournaments? What am I missing?
This was really interesting, great video.
Amazing work 👏👏
Great video, thank you.
However, Tony Pignata is now the former CEO of Sydney FC
I personally think there’s a lot of good that comes from this sort of network; if you’re a player that gets in, they’re gonna find you a career somewhere where you can fit in, and if you’re young and develop well they’ll sell you on to brighter pastures while helping themselves meet the ridiculous FFP regulations the old elite lobbied for. It also is a chance to bring attention and money to places that may need it and otherwise may not have gotten it, and you can’t tell me Girona aren’t appreciating the players city have loaned over- especially after beating Madrid this morning.
Great video. The world cup was a blast but these domestic seasons are a snooze fest now. Rich dudes are excellent at ruining things.
All of these videos make so much more sense now...
Love you videos... keep up the good work
Another thing that's happened very recently too. Daniel Arzani, who was signed directly to Melbourne City, has signed over to Manchester City, and has now gone on loan to Celtic. Surely it's got something to do with financial fair play for Manchester City. Otherwise, why not just send him out on loan from Melbourne City directly to Celtic?
It was probably something to do with limits on how many players clubs could loan.
the problem with CFG is not that they own multiple clubs per se. It's the fact that they use those multiple clubs to engage in all manner of financial chicanery to cook their books. Also they are dramatically overstating the actual value of those sponsorship deals to be able keep spending absurd amounts of money and not run afoul of FFP. No one in their right mind and no honest accountant really thinks city made a profit the past 3 years. As a business model the owners are playing the long game building the value of the brand and are not concerned in the least with short term profits/losses. they are perfectly capable of losing a few million a year in order to build an asset worth billions, which is exactly what they've done. You build a global brand by winning big and you win big by buying the top talent.
The idea that a large PL club could use the books of a MLS, Australien League and 2nd tier Spanish club's accounts to cook the books is clearly absurd to anyone with any idea about the financial disparity between them.
It's very easy to see how City made a profit, they get 100s of millions from PL + CL prize and TV money. A club like WHU can spend 100m for the same reason (minus CL)
Loving this channel, mate. Keep at it!!!
Intuitive and informative with a dash of brilliant aesthetics: Tifo 🙂
I think it's a positive tbh, has gave plenty of players opportunity however don't agree on the whole "man city Beijing" but clubs with good links is positive Imo
1.) Wasn't Melbourne City FC formed in partnership with MCFC and NRL side Melbourne Storm?
2.) That thing you mentioned about "Barcelona Beijing" already happens in South Africa. There's a team which goes by the name of "Ajax Capetown", the sister club of Ajax in the Eredivisie.
Yall act like Red Bull wasnt already doing this.
Exposing the flaws is the first step!
Well done lads!
Aadarsh A first step to what?
J Bo
First step for us viewers to know the depth of corruption in the beautiful game.
Chelsea should be the first team we should know about
i'll start worrying about who owns man city when city stops playing mesmerising football
How noble of you.
As long as we live in a capitalist world, these things will continue to happen. City are just operating within a gray area and this is coming from a united fan
As far as we live in a globalist society
Manchester United started all this when they floated on the stock market back in 1991. Similarly the Spanish state have been colluding with Real Madrid for decades. My point is that, although dodgy, City seem to be unfairly targeted by many. Great video though.
Manchester United caused a lot of the financial issues we see in football today. But the media will have you believe they are angels who achieved everything through pure hard work and dedication.
Yes. Let's shift the blame to United just because they conducted a legit business practice called floating on stock market. Stock market meant to raise money and comes with high risk. "Although dodgy, City seem to be unfairly targeted by many." Bullshit.
wikichris actually the spanish state does not cheat to get real Madrid to win. That's a myth that has been refuted. Real Madrid were successful and literally represented Spain in europe and around the world so the regime wanted them to represent Spain because that's exactly what they were doing.
How has it been refuted? Even the EU said it was true after years of investigating. Separately, everyone knows Real Madrid worked with the government to get Beckham in to the club - that's not even for discussion.
I never said it wasn't a legitimate business transaction just that that was the big shift in money in the premier league. Immediately after they won the league many times. City being bought by Arabs is also "legitimate".
so uefa accepted the deal after getting paid (the fine) first
Regardless of the club we support we all can agree that Liverpool schooling City last season was so satisfying. It was glorious
Alok Tripathi won you nothing 😂😂😂 well done finally you won we beat City trophy. Typicall pathetic loserfool fan
Another great video guys.
Great Video as usual: informative, simple and beautifully presented!
Quality content keep up the good work
Hey comment section scrollers, are there any other channels you subscribe to because they provide really informative videos about the financial aspects of football like this channel? This type of content is very interesting to me.
0:40 that is a picture of khalifa Tower which is in Dubai not Abu Dhabi.
Sultan Humaid they were talking about the UAE as a whole not just abu dhabi
Yasser Sharaf ok
The tower was named after Abu Dhabi ruler though... For kinda saving the tower during Dubai crisis
This comment was pointless
Wonderful video.
Well next stop could possibly be India as well, recently both Melbourne and Girona was in India to play a Pre Season Friendly (under the name of La Liga World or something on those lines) India, China, UK, Spain, Australia, US, they can create their own league (or a pre season tournament with just these teams potentially replacing ICC)
City football group is ruining a lot of the integrity (or what's left of it) of the A-league and the transfer/salary cap policy. Making a meal of the salary cap isn't hard but what they're doing just typifies it
Trent Manucho cry me a river
Wahhhh wahhhh.
However the city group have been able to expose Australian talent. Mooy, Arzani etc all went through Melbourne city before moving the man city and now play in strong leagues. This has improved Australia’s talent pool and exposure
I disagree. Australia has had talent here for ages before CFG were even a thing. Kewell and Viduka, to name just a couple, have had nothing to do with them. But it's just that now CFG have a 'branch' out here, so they're able to get them into the family easier, so to speak. They'll spot a local player they like, sign them to Melb City, and if it works out well, sign them to Manchester City, then offload to a foreign club for a decent profit. Aaron Mooy, Luke Brattan and Anthony Caceres were never going to play for Manchester City. And I'm pretty sure the same goes for Arzani(after his loan spell at Celtic, of course).
I heard a while back that the profit they made from the Aaron Mooy transfer alone was worth them setting up shop out here. I'm not sure if it was enough to cover their entire business out here in Australia, or just the purchase of Heart, but it was one of those things.
I'm not sure what their motives are, whether it's in regards to Financial Fair Play, or whether it's just as simple as making a profit. They signed Arzani from Melb City to Manchester City, then sent him out on loan to Celtic. Why not just send him from Melb City out on loan? It's the same people involved in both clubs.
And none of this is a criticism either, as much as I can't stand Melbourne City. As far as I can tell, no laws are being broken, and loopholes will be closed if they're found out(just like the Caceres one was).
More videos like this please.
Very interesting video I liked it!! Can you please do one about Red Bull, how they’re operating in football
So whats the problem?? Barca Beijing vs City Beijing would be a great game. The teams would have a Beijing following and personality and its not like theres a 50 year old Beijing club thats being buried by these new clubs-China doesn’t have any legacy football teams.
What is created though are high end quality football clubs, competing against each other instead of minnow team A vs minnow team B.
The quality of football worldwide will rise with more EPL and La Liga level leagues. Competition in the World Cup will be even fiercer when countries are fielding players from these heavily competitive leagues.
Sure, money will chase the best players into the best clubs - but thats been happening in English football as far back as the 30’s. Arsenal broke the transfer fee record in 1928 when they paid the first ever £10k fee to acquire David Jack of Bolton Wanderers. The numbers are smaller but essentially its the same thing because other clubs didn’t have £10k to blow on a player at that time.
The trick is smart scouting and smart accounting. Scout the best talent before the player is a known commodity. Just think, Chelsea let KDB go for £20mil! ...he’s now the beating heart of his champion winning team ...City bought him for £68mil from Wolfsburg. His market value is now £135mil!
Conversely, Utd got Pogba for £94mil and Lukaku for £76mil, each of whom have had a meager impact; 13 and 18 goals respectively. (Very expensive goals!) Its not City’s fault other teams make daft financial decisions.
In fact, if City weren’t there, United would have won the league last year and rewarded for bad behavior by doing exactly what everyone is complaining about-throwing stupid money at a problem until they’ve won.
As we saw with Sanchez, City have shown, even though they have the money, they will not overpay for players...United on the other hand will apparently pay £53mil for Fred from Shakhtar Donetsk. Ridiculous.
Good thing in MLS there is such a thing as salary cap otherwise with all the money they have NYCFC could always be Champions. Maybe other competitors would be RBNY. It would be like La Liga with only 2 teams existing that you know it is either or and who's turn it is to be champions.
Well that is very true. At least in the US sports are at least on paper more fair.
Good stuff for a club that 20 years ago where relegation favorites
citing this for my research paper thanks guys
Nice to see a script from Montague, it’s been a minute ✅
In the video, when it says that Man City are making profits, partly due to to shifting a chunk of their wage bill to City Football Group, does that mean that they're making a profit in pure business accounting terms as well as in FFP rules? I'm asking because I thought that FFP rules wouldn't allow that type of shift of wages to the City Football group to affect the FFP accounting style.
Real question; what academy teams are in. Ghana?
Augustine G
www.arringtontrainingdevelopment.com/news/2014/2/9/right-to-dream-academy-ghana-hosts-arrington-training-development
FC Nordsjælland have RTD Academy, Feyenoord have WAFA.
Que buen vídeo! Gracias!
A fantastic video which makes us to know how Manchester City has been spoiling the sport for the past 10 years!!!Until a men's football authority would inspect and charge them for their overspending amounts and bribing the officials to win and draw a game and to buy a trophy,the Premier League in common would be the most boring league in the world together with some of the Asian leagues!!!
There's a typo around 1.25 says worlwide instead of worldwide...noticed a few recently, just letting ya know, love the videos otherwise!
You mention UEFA's regulations not being built for this new model; I'd go so far as to say that no rules anywhere in the world are built to limit the power of the super-wealthy and corporate feudal lords. The concentration of capital in the world is very scary on a lot of levels.
Should get a share in a football league team so young players who sit in the reserves can experience English football. Also if they got a team near Manchester the lower league club could use the training facilities
Great video. What software do you use?
Must make all the trophies just a wee bit hollow.
Nothing the fans can do of course but still.
David Kerr Why is that? What is the difference If the money is coming from the US, China, England, or UAE? Paper is paper. Utd, Chelsea, Arsenal... They all have foreign owners.
Nothin against foreign owners, especially when most players/managers are foreign.
Just for it to be so instant and dramatic with no real struggle
David Kerr Lmao when was the last time a club had to struggle to get money? United had their share of sugar daddies back in the day, Chelsea was pumped full of Russian money in early 2000s, meanwhile Fenway is now pumping money into Liverpool.
David Kerr - I agree. The world cup is a nice solid trophy, but the PL, FA Cup and League Cup trophies are all hollow, almost like they are actual cups. You can even fill them with champagne...........very weird.
David Kerr
It only feels sudden because as football fans we're too caught up in the pomp to put our foresight to good use.
When the Premier League was transitioning to Pay per view, Sky had a promotional campaign with glamour and cheerleaders,essentially a distraction. A decade and more later, many people can't afford to watch top flight football anymore.
United finance a transfer through debt and equities, the fans only care about the world record fee. The fact some fans are desperate for "big money signings" shows that many of us are too preoccupied by the opulence.
The EPL is just a microcosm. It shows our regulatory authorities are only interested in the money.
The reason why there was very little challenge against foreign entities is because that was the desired outcome. Most of the owners were only loyal to money and they made a killing from selling. The owning families of Arsenal FC sold once worthless shares to Kroenke for millions of £s.
Then take into account that many of them are tax exiles themselves. JP McManus who sold to the Glazers, resides in Barbados. He's not sentimental about selling.
The surge of foreign ownership in English football is only reflective of what's been going on in the wider British Economy for the past few decades.
Bear in mind that British investors are buying up foreign properties just as much as foreigners are buying British properties. It's just that as British domeciles we have a one-sided view of things. It's an equal exchange as far as the elites are concerned.
What you're observing today in Britain is what people in low-income countries reliant on FDI have been witnessing for YEARS.
Over half of British firms have been purchased by foreigners. foreigners. Utilities, Telecoms, Retail, Real Estate, you name it and I bet you it's been sold off.
Many economists believe in this thing called Comparative Advantage. That is, in International Trade, one country specializes on exporting specific products and imports the rest from other "specialized" countries with as few trade barriers as possible.
Some time in 1979, the Tories. decided that the UK should focus on the defence, financial, legal, pharmaceutical, tourism and aeronautical industries. And what's funny is that, apparently... so did the British electorate it seems, otherwise Thatcher and Major would not have been elected.
During successive Tory governments, wholly and partially state-owned assets were privatized to investors who then sold many of them to foreign entities. This was the case, especially for the automotive industry e.g British Leyland. Which makes it even more ironic to hear staunch Tory, Jeremy Clarkson, complain about a lack of British owned cars. He very likely voted for Thatcher and Major.
The privatisation (e.g certain NHS contracts) continued under Blair's New Labour. The neoliberalism continued and it seems the majority of the British electorate wanted it that way.
So is it really a surprise that has now spread to football? Westminster has decided to make the UK a tax haven.
Any wealthy foreigner can escape authorities back home by parking their money in the U.K. Put in a bank, buy property, buy a football club, it doesn't matter, your money is shielded.
Fantastic vid but makes It so depressing that this is modern football
As Rome and Liverpool have the same owner!!!🤔🙄
Yaser Ali oooh don’t say that you can’t badmouth the glorified long ball team media darlings Liverpool
lmao man city just got banned from ucl for 2 seasons
Whats the music used in this?
Can you make a comparison between City group and Red Bull? They both almost have a similar business pitch of having a uniformed football team across the globe
Hey Tifo Football, I have a video recommendation: The Aspire Academy, how it works and so on, I think that would be very interesting! amazing content, keep up the good work!
I love your channel, and I love the fact that you go into the business side of things.
Like many fans, however, you seem to be a bit naive about the way the sport has evolved and the way business works. While it's completely understandable to be concerned about some of the way league rules can be skirted due to the new management structure of an organization like City Football Group, you seem so suggest that this is some new and terrible thing overall.
First of all, if you are concerned about local team cultures, instead of your example of a Barcelona Beijing vs a Manchester City Beijing, you need to cut out the root of the problem: stop all cable deals with international providers. Stop selling Premier League merchandise globally. Do everything you can to prevent other countries from being aware of your sport and your brand.
Obviously, even if you attempted to do that, you'd fail. And so sooner or later, if your teams are any good, people are going to want to be part of the culture that you've created. This really is not a bad thing, except for those fans who would like to keep the phenomenon to themselves, which is simply impossible in this day and age.
Now, unless you're willing to completely gut the modern football business (eg, restrict Premier League teams to being England-only in terms of talent recruitment and marketing), you might as well enjoy the changes wrought by the globalized business models, of which CFG is only the most modernized example. As an American, I was always told that Football is a global sport- it might have some remarkable success, but it really isn't GLOBAL when it is rather underdeveloped in India, China, and the US, not to mention a number of other Asian countries. The sport has great potential to unite even more people, but that's only if you let the business develop to support it.
UEFA or FIFA needs to step in and do something. This is madness!!
like how, encourage other football clubs to use bitcoins for transfer and ban Man City to use bitcoins ?
Samuel Yee 😂😂😂
Samuel Yee I dunno. Maybe have more restrictions when it comes to ownership or acquiring a club
Didn't Arzani play for Melbourne City before moving to Manchester City?
John Reyes yeah got him too much like Lampard from NY
What's the tune in background?
There will always come a time when an incorruptible administration (FIFA) will arise, and put a stop to this absurd monopoly. Its just terrible for the game.
We need a similar video on Qatar Sports Investments.
Its CFG have in Malaysia??
What happened to the podcast?
Great videos- can you do a West Ham video next?
Can you do one on how Red Bull does operations with their football clubs? RBNY, RB Leipzig, and RB Salzburg are notable, though not quite as big.
Thanks for the suggestion, Seth. We have a RB video in the planning, keep an eye out in the new year. - Joe
can anyone confirm? does Celtic Fc in SFL apart of City football group? it seem they keep loaning their player there ie Patrick Roberts and now Arzani who they bought from Melbourne City Fc. That look a lot like what they did with their Girona Fc sister club, sign players and loaning it to those clubs
No. Celtic FC is not part of CFG.
question, why such a long gap in the years between the start of the Red Bulls project and the City Football Group project?
I'm curious as to why years went by before anyone tried to follow in the footsteps of the Red Bulls business model of buying clubs in different countries.... they've been doing it for years. Was the RB project deemed a failure/not profitable enough?
The big differences are that City Football Group 1) is the owner of one of the giant super clubs of European football and 2) is connected to the United Arab Emirates' royal family and essentially has unlimited state financing at its disposal. Meanwhile, for a long time Red Bull's biggest clubs were Red Bull Salzburg and Red Bull New York. Both respectable clubs, but minnows compared to Manchester City under CFB. Red Bull is also a public company that is based in Europe and subject to European regulation and monitoring.