Intresting little attachment in the Times today on the financial state of clubs in the P.L. We're certainly holding our own in comparrison.
http://extras.timesonline.co.uk/pdfs/moneygame.pdf
Highlights:
Turnover: 79.7 mill
Wages: 49.1 mill
Ratio: 61.6%
Debt: 37.1 mill
Annual Loss: 6.9mill
Discuss? Better or worse then you expected?
*Praise and scaremonger at your lesiure!
Last edited by Neiler; 03-04-2010 at 09:59 AM.
Silly Season So Far: Long, Bellamy, Klose, Manga, Bothroyd, Barton, Westwood, Ba, Mackail-Smith, Larsson, Gervinho, Welbeck, Taylor, N'Zogbia, Adam, Moussi, Defour, Woods, Boyata, Canales, Djalo, Springthorpe, Elm, Brown, Eagles, Wallace, Dier, Ream, Potenza, Cisse, Ogbonna, Wright-Phillips, Defoe, Taudul, Heinze, Zigic, Hargreaves, Kranjcar, McClean, Lonergan, Vukušić, Rodallega, McGeady, Emana, Holtby, Dann, Bendtner, McFadden, Vossen, Johnson, Hitzlsperger, Samba, Leon., Crouch, Benteke, Vicente, Drenthe, Stracqualursi .
In the context of other clubs we're doing better than many, but lets not kid ourselves that our finances are in a good way. The only ones in that chart that are doing well are Arsenal and United. Both make a healthy profit (although of course United's is destroyed by the debt lumped onto them) and can fund their operations out of their income. Could probably include Spurs in that group as well to be fair. The rest of the league is either being funded by the bank or a sugar daddy. Neither is sustainable.
The game has never been wealthier in terms of money coming in, so it must worry owners that even with this unheard of largesse, hardly any can turn a profit. We've seen what happens in the finance sector when bubbles burst. 'If' broadcast income drops, will players accept a wage cut? Will clubs be forced to honour contracts signed during the 'good' times?
Most clubs are so highly geared that it won't take much to send them over the edge. That's why I'm concerned by seemingly small individual things like the 50% tax rate or Sky income being forced down by parliament. Football finances are so precarious that it won't take much to send it over the edge. We can't rely on footballers to show a little more perspective (as shown in the Lescott thread) so it is a very difficult position clubs find themselves in.
The credit crunch contracted one means of covering clubs deficits, and its resulted in pushing Portsmouth over the edge. Now Platini wants to contract the other means (Sugar Daddies). Interesting times.
Big figure that leaps out there is the Arsenal turnover. Before the Emirates came on stream three seasons ago, Arsenal's turnover was 200M. Now it's 313M.
Everton have no strategy whatsover. They're fannying around now with the stadium issue and have no will/gumption to pull in a buyer. The objective remains the same for us: bump around holding our own in the upper tier of the league whilst selling to buy. Football's very own version of purgatory.
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61.6%???
I swear some people were saying it was 40% last week? Oh, who to believe.
However, there was a guardian article the other day I think. Only 7 PL clubs made a profit last year. And we're one of them
Banned
@ Best Little Spaniard
No we estimated with the new increased foreign tv deal our wage:turnover would drop to 55%.
Just to clear up any misquoting.
Ok, fair enough. I don't usually get into these types of threads, so never pay attentionOriginally Posted by Matt Damon
There's no way on earth though that the available money to be tapped into by corporate means dave is comparable to that in the capital, plus how many £34k seats do you think we could sell ? I'd love a ground like the Emirates but we would never fill it and if the prices to get in also had to rise then our crowds could drop.
We are affordable at the moment but say every ticket rose by £7-£10, how many would then be priced out ?
KOPITES ......gob-sh1tes and blatherskites every last one of them!!!
In the 80's in my teens...you realised my dreams,
and now the thing thats nice is...you're helping my mid-life crisis !!
Player Valuation: £9 million
If i won the Euromillions I wouldn't give Everton a penny
Arsenal have their model re their stadium and revenue that suits them. If you look at the strategy behind Kirkby - notwithstanding the location taking the club away from it's core area and to a place with poor transport infrastructure - it was sound enough. The club were concentrating on the need to grow the club incrementally and looking to emphasise increase volume of ticket sales from better facilities and seeking to exploit the commercial performance of the stadium outside football (which went west when the Inquiry got going and the 'partners' had to curtail those plans for political expediency). As welcome as corporate box sales would have been they weren't to be the secret of the plans success/failure.
The point, though, is that this has stalled now...until, of course, Mr Elstone makes good his promise to report back 'soon' his stadium team's research.
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Banned
These are all 2009 (except Liverpool figures). It doesn't take into account spending in the summer of last year.
Aston Villa's has gotten worse again on those figures. They spent net about another 18million. So that figure for them has deteriorated to maybe 85million.
Similar case for Spurs although maybe not quite as big.
Banned
It's not "his stadium team" - its a contracted consultancy. Starting from scratch. So its going to be till the summer until they report back earliest.Arsenal have their model re their stadium and revenue that suits them. If you look at the strategy behind Kirkby - notwithstanding the location taking the club away from it's core area and to a place with poor transport infrastructure - it was sound enough. The club were concentrating on the need to grow the club incrementally and looking to emphasise increase volume of ticket sales from better facilities and seeking to exploit the commercial performance of the stadium outside football (which went west when the Inquiry got going and the 'partners' had to curtail those plans for political expediency). As welcome as corporate box sales would have been they weren't to be the secret of the plans success/failure.
The point, though, is that this has stalled now...until, of course, Mr Elstone makes good his promise to report back 'soon' his stadium team's research.
So snide aside. You're going to just have to be patient. Unless you want plans done on the back of a f a g packet?
Player Valuation: £30 million
Fire sale at the end of this season....fact
Weighed, measured and found wanting. You were told.
Silly Season So Far: Long, Bellamy, Klose, Manga, Bothroyd, Barton, Westwood, Ba, Mackail-Smith, Larsson, Gervinho, Welbeck, Taylor, N'Zogbia, Adam, Moussi, Defour, Woods, Boyata, Canales, Djalo, Springthorpe, Elm, Brown, Eagles, Wallace, Dier, Ream, Potenza, Cisse, Ogbonna, Wright-Phillips, Defoe, Taudul, Heinze, Zigic, Hargreaves, Kranjcar, McClean, Lonergan, Vukušić, Rodallega, McGeady, Emana, Holtby, Dann, Bendtner, McFadden, Vossen, Johnson, Hitzlsperger, Samba, Leon., Crouch, Benteke, Vicente, Drenthe, Stracqualursi .
We aint signed anybody yet bro.
Weighed, measured and found wanting. You were told.
"Net spend" in this transfer window. Lordy, does anyone remember those heady days of May/June? Them's were the days...before the big bombs dropped.
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Surprised we haven't been in for any Villa players yet given their financial predicament.
Player Valuation: £500k
Didn't Redknapp pretty much place both Hutton and Jenas at Villa just now? That's a bit of shrewd business for them, no?
FFS mate, dont get the Financial Review Team starting their engine again!!
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I think after 2 windows of nothing but sales so far, they should really retire.
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