Khaldoon Al Mubarak: “Investment generates revenue, return. Cost is just a negative on your balance sheet. Everything we do here is invest, and maybe the profit and loss for that particular year can be a negative but that’s just a time element. Ultimately, it’s about revenue generation, profit generation.
"Ultimately it stays in the Club because that’s what we’ve done. In 18 years, we’ve not taken a pound of profit outside the Club. What we’ve done for 18 years is invest, invest, invest and grow this Club, grow this Group, grow the assets of this Group to continue to generate value, revenue, and sustainable profit for this operation and add value to the community.
"That’s been our mission, that’s what I think we continue to accomplish..." [via @ManCity]
@redbullracing Don’t be an idiot.. stop giving publicity to a slapper over our sport.. we didn’t build the sport to its level off the back of a sex tape and sleeping around with men.
🇬🇭 A Ghanaian living abroad has sparked debate after defending the Ghana National Fire Service, arguing that many of the challenges firefighters face are caused by systemic issues beyond their control.
He pointed to people building on fire hydrants, poor road networks, traffic congestion, and limited access routes that delay emergency response.
According to him, before blaming the GNFS for every fire incident, Ghanaians must also confront the conditions that make their work difficult and sometimes impossible.
@cdrafrica The @gnfsofficial is the MOST UNDER EQUIPPED Service Agency under the @MinterGh.. yet Ghanaians expect World Class Service from them. Citizens should push the Government to invest more in the service and if they fail we can criticise them then.
This man paid £210 million in 2008 for Manchester City
Current valuation is £4.1 billion.
His gain is about £3.9 billion - roughly a 20-fold increase in club value.
He has never taken a penny out of the club
His Chairman says he will not sell, even for £10 billion