The 'hólding' of the City closes the season 2019/20 with record losses

ACCORDING TO DATA OF 2PLAYBOOK

The 'hólding' of the City closes the season 2019/20 with record losses

Published:6/07/2021 - 00:54h

Updated:6/07/2021 - 00:54h

In concrete, The ordinary income retreated 13,8%, until 544,5 million pounds (633,4 million euros), whereas the plusvalías by traspasos mitigated part of this fall with a heave of 14,2% interanual, until 48,3 million pounds (56,2 millions), stands out the mentioned platform of businesses headed to the community of professionals of the industry of the sport, that limited that all attributes to the sanitary emergency caused the pandemia of the COVID-19

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The income of the hólding City Footbal Group, that in 87% depends of the Manchester City retreated 13,8%, until 697 million euros, in the exercise 2019-2020, with some record losses of 238,8 million euros, more than the double that the previous exercise and more than in the three previous courses in group, of agreement to data supplied this Monday 5 July by 2Playbook.

In concrete, the ordinary income retreated 13,8%, until 544,5 million pounds (633,4 million euros), whereas the plusvalías by traspasos mitigated part of this fall with a heave of 14,2% interanual, until 48,3 million pounds (56,2 millions), stands out the mentioned platform of businesses headed to the community of professionals of the industry of the sport, that limited that all attributes to the sanitary emergency caused the pandemia of the COVID-19.

They required that the income by taquilla fell to 51,14 million pounds (59,5 million euros), 30% less, whereas the payments of UEFA were 10,8% inferior, until 76,37 million pounds (88,8 millions). Besides, they indicated that the greater shrinking produced in the income by pertinent television of the national leagues, especially the ones of the Premier, with a shrinking of 36,4%, until 135,1 million pounds (157,2 millions).

Likewise, the City and the Girona are those that more accused the hit of agreement to the referred information. The club of the Premier League of England, for example, closed the season with some red numbers of 126 million pounds (146,5 million euros), that contrast with the net profit of 10 million pounds (11,6 million euros) obtained in 2018-2019. His turnover contracted 10,6%, until 478,4 million pounds (556,5 million euros) after having reached his historical ceiling in 2018-2019.

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By his part, the group gerundense, was very modest in terms of red numbers, as only it lost some 40.000 euros in spite of that his turnover retreated 57% interanual by the descent of category, until 22 million pounds (25,6 million euros). Even, his income were upper, if they take into account the help to the descent and the plusvalías by traspasos, that added 29 millions.

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