Football's Magic Money Tree

[Chester Perry]

An article looking at social media Leviathan, Cristiano Ronaldo's use of Instagram and whether his sponsors get value for his huge earnings

https://www.soccerex.com/insight/articl ... -instagram" onclick="window.open(this.href);return false;

[Chester Perry]

A strange argument for the Football league clubs to rethink broadcasting games and sell a streaming season ticket for a club's games

https://www.sportbusiness.com/2019/11/a ... long-tail/" onclick="window.open(this.href);return false;

no mention of ifollow, or how monies will be distributed - collective bargaining (as our club knows only too well) is essential to competition and the very existence of the smaller clubs

[Chester Perry]

a bit more on the World Club Football Association - I first mentioned last week

https://www.sportbusiness.com/news/flor ... sociation/" onclick="window.open(this.href);return false;

[Chester Perry]

We have been here before - apparently "sources" are saying that QSI - owners of PSG - are getting closer to a takeover of Leeds Utd

https://www.espn.com/soccer/leeds-unite ... er-sources" onclick="window.open(this.href);return false;

If the proposed IPO of Saudi Arabia's Aramco comes off - valuing the operation at $1.7 trillion (a previous attempt at $2 trillion failed) - we can expect many more stories of them buying Man Utd - what joy

[Chester Perry]

a fascinating insight as to why players don't pay their agents and the consequences that this can have if not properly planned for

https://www.instagram.com/p/B5BDklHD4pn/" onclick="window.open(this.href);return false;

[Chester Perry]

Something new - @OmarChaudhouri (of 21stClub football analysis specialists) and @FootballLaw with the first of a series of chats - episode 1 - Football Agents

https://www.youtube.com/watch?v=ngKGaGg ... e=emb_logo" onclick="window.open(this.href);return false;

[Chester Perry]

@DavidConn looks at Manchester Utd's debt, and financing and contrasts the approach to that of FSG at Liverpool

https://www.theguardian.com/football/20 ... are_btn_tw" onclick="window.open(this.href);return false;

[Chester Perry]

The growing debate - highlighted throughout the life of this thread - about sports washing of institutions and nations of dubious record utilising football for reflected positivity is taking a new turn - apparently Bayern Munich have rejected a motion by a member to adopt UN human riaghts standards to it's constitution - it would impact sponsorships

https://www.dw.com/en/bayern-munich-rej ... a-51264334" onclick="window.open(this.href);return false;

[Royboyclaret]

Man City have now released their financial results for '18/'19 and surprisingly both Matchday and Commercial Income are down compared to the previous year. They are still a way behind Man United in many respects, if not on the pitch.

[Chester Perry]

A report on the Man City figures

https://www.bbc.co.uk/sport/football/50476584" onclick="window.open(this.href);return false;

full financial report

https://www.mancity.com/annualreport201 ... report.pdf" onclick="window.open(this.href);return false;

which comes with a spin document known as the Annual report

https://www.mancity.com/annualreport201 ... report.pdf" onclick="window.open(this.href);return false;

[Chester Perry]

@KieranMaguire with some instant takeaways from Man City's financial results

https://twitter.com/KieranMaguire/statu ... 8079793153" onclick="window.open(this.href);return false;

EDIT - This is a truly shocking statement in the accounts - if City win the Quadruple the bonuses would give them a huge financial loss

https://twitter.com/KieranMaguire/statu ... 7645563904" onclick="window.open(this.href);return false;

[Chester Perry]

More takes on City's financial results
The Telegraph
https://www.telegraph.co.uk/football/20 ... sive-year/" onclick="window.open(this.href);return false;

The Daily Mail
https://www.dailymail.co.uk/sport/footb ... llion.html" onclick="window.open(this.href);return false;

The Independent
https://www.independent.co.uk/sport/foo ... 09316.html" onclick="window.open(this.href);return false;

The MEN

https://www.manchestereveningnews.co.uk ... t-17281379" onclick="window.open(this.href);return false;

EDIT The Guardian

https://www.theguardian.com/football/20 ... es-2018-19" onclick="window.open(this.href);return false;

[Chester Perry]

Man City have now released their financial results for '18/'19 and surprisingly both Matchday and Commercial Income are down compared to the previous year. They are still a way behind Man United in many respects, if not on the pitch.

only made a profit from player sales too - Academy player sales - which I posted about last year as being a major contributor to their bottom line

[Royboyclaret]

only made a profit from player sales too - Academy player sales - which I posted about last year as being a major contributor to their bottom line

Remarkable really that a club the size of Manchester City still require a Profit on Player Sales in order to make an overall Net Profit. For Burnley over the decades we simply had to be a selling club and Bob Lord realised soon into his Chairmanship the importance of such profits to a small town club. Hence, even when we were relatively successful throughout the '60's and early '70's, Lord still ensured that a substantial fee for a player was received each and every season in order to balance the books.

But for Man City to be so reliant on the same Profit stream shows just how far they still are behind the likes of even their neighbours across the road. City might be a million miles ahead of United on the pitch but off it they are still light years behind exemplified in just one number for me, City have 463 employees on their books compared to 940 at United.

[Chester Perry]

The International break - downtime from the Premier/Champions League does funny things to the media - take this from the Mirror - average salary of each Premier League club (to my understand the data being used is way out of date)

https://www.mirror.co.uk/sport/football ... e-20916779" onclick="window.open(this.href);return false;

[Royboyclaret]

The International break - downtime from the Premier/Champions League does funny things to the media - take this from the Mirror - average salary of each Premier League club (to my understand the data being used is way out of date)

https://www.mirror.co.uk/sport/football ... e-20916779" onclick="window.open(this.href);return false;

Probably close to being realistic CP, or at least based on the last set of accounts available to Jun'18.

[Chester Perry]

Probably close to being realistic CP, or at least based on the last set of accounts available to Jun'18.

for us maybe but their are a few strange ones there

[Royboyclaret]

for us maybe but their are a few strange ones there

Initially Tottenham looked suspect but on further inspection their Wage bill was a mere £147.6m, at least £100m less than each of City, United, Liverpool, Chelsea & Arsenal.

The figures are probably accurate but require more context as to whether all employees on the Wage bill are included in the calculations.

[ecc]

Thank you, as ever, for your unstinting efforts, CP. Thanks also to royboyclaret who also helps non-finance people like yours truly make sense of the arcane details of accounts and football finance in general.

Just an observation re. City. Far be it from to "defend" the club. I used to quite like them back in the day when they were light years behind MUPLC. However, I detest what the club is today.

However, although you're both absolutely right to say they're still a long way behind their local rivals, they've still come a long way in the last 10 years or so.

United are a one-off for all the reasons we know. Hence they're able to post record revenues despite six years of relative disaster. I suspect they could carry on raking it in for quite a few more years before their income begins to falter.

City, on the other hand, would need another equally rich owner to keep where they are if the current lot pulled the plug.

In that respect, United are arguably in a very limited group of special clubs, special in that their long-term standing can maintain their wealth, the obvious examples being Real Madrid and Barcelona followed, to a lesser extent, by Bayern and Juventus and Liverpool.

[Royboyclaret]

Very kind words, ecc.

Whenever the subject of Man United crops up something that Paul Merson often says sticks with me. He says they are THE biggest club in the football world, bar none. Now I know Paul comes out with some gems from time to time but, with this one, he might not be too far wrong.

Off the pitch City are a million miles behind them. At the Etihad, with a capacity of what 48,000, there always seems to be some empty blue seats in the home ends, whereas at Old Trafford I suspect they'd fill 90,000 every game even with a team outside the top four. It will take years before City come even close to United as a Club.

[Chester Perry]

The latest Price of Football podcast is out - Financial Doping

http://priceoffootball.com/podcast/" onclick="window.open(this.href);return false;

[Chester Perry]

@SwissRamble's Euro tour lands in Munich - and looks at Bayern's 2018/19 results

https://twitter.com/SwissRamble/status/ ... 6946281472" onclick="window.open(this.href);return false;

[Chester Perry]

The result of Chelsea's appeal over it's transfer ban should be known in 3 weeks

https://apnews.com/eefa6baf14894ef88841b70fc714a77d" onclick="window.open(this.href);return false;

[Chester Perry]

Yet another article on the financing of football transfers - amazing how every one says you will never have heard about this - this one is from the Guardian

https://www.theguardian.com/football/20 ... -barcelona" onclick="window.open(this.href);return false;

they are probably touting for business in the upcoming transfer window

[edlass]

What do we think of the price of football podcast? I love it except it doesn't seem long enough to really get into the meat of any subject so I'm usually left wanting more.

I thought the instance of the player questioning his new agents fees was brilliant story and how he hadn't realised that in his last contract his agent had been paid by the club seemingly without his knowledge for years (clubs paying agents #2455)

[Chester Perry]

It seems purposely designed to be entertainment, and an introduction to the financial issues in the game, I personally think it lacks depth - almost all the stuff is old hat for this thread, that said the agent in the last 2 has been very good, and you get the occasional gem like TNS in the Welsh Premier League in today's podcast.

Would definitely like it to be more serious, Kieran has some serious issues/concerns that he rarely brings to the table in this and his other broadcast interviews

[Chester Perry]

Millwall become the 4th club from last years Championship to publish their financial results - @KieranMAguire has a look

https://twitter.com/KieranMaguire/statu ... 8597537792" onclick="window.open(this.href);return false;

This is not far from a relegated Burnley without parachute payments I would think

[Chester Perry]

I have been highlighting the woes of Macclesfield for some time now - this Guardian article summarises the anguish

https://www.theguardian.com/football/fo ... league-two" onclick="window.open(this.href);return false;

[Chester Perry]

The bookies rig the system to profit themselves - is essentially what this article says - though many would do well to take note of the tricks they use

https://www.dailymail.co.uk/sport/sport ... demic.html" onclick="window.open(this.href);return false;

[Chester Perry]

A useful reminder of the cosmopolitan nature of the Premier League owners

https://twitter.com/vysyble/status/1194258560064118784" onclick="window.open(this.href);return false;

[Chester Perry]

There has been much speculation recently about would/would not Chelsea be sold with contradictory stories appearing daily - the message now seems to be clear - Roman is not for selling and with the vibrancy of the new youthful Academy filled team he is enjoying his ownership again, plus their is hope that they can win their appeal at CAS in the next couple of weeks and bring in some reinforcements in January.

Here David Conn in the Guardian reminds just what it was that rose owner Roman Abramovich to power

https://www.theguardian.com/football/20 ... ealth-visa" onclick="window.open(this.href);return false;

[Chester Perry]

I can imagine the gut reaction of many football fans when they read the title of this article - "Javier Tebas: the clásico must always be for people in Asia or the US " but as I have said before this guy is a shrewd operator and the Premier League have allowed him prominence by creating the vacuum in Scudamore's absence

https://www.theguardian.com/football/20 ... d-football" onclick="window.open(this.href);return false;

[Chester Perry]

@SwissRamble digs into Man City's 2018/19 financial results- the aoofical accounts of which I posted last Tuesday

https://twitter.com/SwissRamble/status/ ... 8500622336" onclick="window.open(this.href);return false;

[Chester Perry]

Las Thursday I posted Millwall's 2018/19 financial results, @SwissRamble has had a look and shares his thoughts

https://twitter.com/SwissRamble/status/ ... 0841143296" onclick="window.open(this.href);return false;

[Chester Perry]

Apparently Man United know Old Trafford is decrepit but don't really know how best to take the next step forward with it - From the Telegraph


Manchester United look for ‘perfect solution’ to revamp Old Trafford
By James Ducker, Northern Football Correspondent - 26 November 2019 • 7:38am

review of their infrastructure, including Old Trafford and the club’s Carrington training base, amid recognition that modernisation is required.

The Glazer family, United’s owners, have faced criticism from supporters over the perceived neglect of Old Trafford. There have been complaints that it is looking “tired and tatty” at a time when many domestic and European rivals have either moved into new stadiums or are revamping existing grounds.

Tottenham Hotspur, Arsenal, Bayern Munich, Juventus and Atlético Madrid have all moved into new stadiums during the Glazer era and Real Madrid and Barcelona are upgrading the Santiago Bernabéu and Nou Camp respectively. Liverpool have redeveloped Anfield. San Siro, which is home to Milan giants AC and Inter, is due to be rebuilt.

Responding to claims the Glazers did not want to spend the money, Ed Woodward, United’s executive vice-chairman, said the club had invested £100 million in Old Trafford and other infrastructure over the past decade, including £20 million this year, but he acknowledged “that we need to do more”.

“We’re doing a big review in terms of where we are and what we need to do,” Woodward told the United We Stand fanzine. “We’re also looking at the training ground, The Cliff, Old Trafford and Littleton Road.”

Woodward said there were “no plans at present” to expand Old Trafford’s existing 76,000 capacity and that there was no desire to commit to developments that would materially change the “look and feel” of an iconic stadium.

“Our objectives for the stadium are for it to be safe, full and noisy,” he added. “Adding more seats can influence the third one, but has to be done in the right way.

“There are no plans currently to increase capacity, but I’m not saying it can’t happen long-term.

“If you totally change it then you can change the feel of it.

“We’re looking at an investment plan while maintaining what makes Old Trafford special. Part of the allure of United or Old Trafford is the fact that it’s a stadium that was built in 1910.

“Our vision for it is that we don’t want to radically change that look and feel. If you have Old Trafford and you regenerate, rejuvenate and keep it modern but keep it feeling like it’s Old Trafford, then that’s the perfect solution for us.”

Woodward said the prospect of creating a smaller stadium where the club’s junior teams and women’s team could play games, like Manchester City have at their CFA base, had been discussed but not gone any further at this stage.

He said United did intend to keep pushing for the introduction of safe standing areas at Old Trafford and are exploring the feasibility of a trial of rail seating.

Of the £20 million invested this year, £11 million had been committed to improvements to accessible facilities with a further £8 million on the refurbishment of hospitality areas and security upgrades.

Last month, United were heavily criticised by a coroner over failings that contributed directly to the death of a lifelong fan, John Whale, 80, during a derby game at Old Trafford in 2017.

At the inquest, a jury found that the behaviour of two of the club’s stewards – blocking an exit to the concourse at the stadium – had contributed to the death of the retired mining engineer.

-------------------------------------------------------------------------------------------------------------

cannot say I am convinced by the line of argument

[Chester Perry]

Apparently there is to be a new bookmakers code to stop the VIP targeting of vulnerable customers - let's hope they adhere to it

https://www.dailymail.co.uk/sport/sport ... nters.html" onclick="window.open(this.href);return false;

[Chester Perry]

Stories emerging that Man United are to get a £70m+ a year shirt sponsor to replace Chevrolet - not bad for a team currently below Wolves, Sheffield Utd and Burnley, who combined can't muster a third of that

https://www.dailymail.co.uk/sport/footb ... Haier.html" onclick="window.open(this.href);return false;

[Chester Perry]

KPMG's Football Benchmark takes a look at the ongoing boom in Football Stadium Development and digs down into the numbers

https://www.footballbenchmark.com/libra ... _continues" onclick="window.open(this.href);return false;

[Chester Perry]

Borussia Dortmund's Puma Kit Deal extension highlight's the cost of long term deals in terms of missed revenue opportunities

https://twitter.com/Football_BM/status/ ... 9771322368" onclick="window.open(this.href);return false;

[Chester Perry]

The limited Market place for Stadium naming rights at the highest level has just got a little more crowded as PSG look for a naming partner 0 is this just to meet Mbappe's latest salary demands while dealing with FFP

https://www.sportbusiness.com/news/psg- ... ng-rights/" onclick="window.open(this.href);return false;

[Chester Perry]

Football teams up with other sports to demand a levy on bookmakers to fund grassroots in their sports

https://www.dailymail.co.uk/sport/sport ... kdown.html" onclick="window.open(this.href);return false;

[Chester Perry]

Stories emerging that Man United are to get a £70m+ a year shirt sponsor to replace Chevrolet - not bad for a team currently below Wolves, Sheffield Utd and Burnley, who combined can't muster a third of that

https://www.dailymail.co.uk/sport/footb ... Haier.html" onclick="window.open(this.href);return false;

EDIT - not for the first time organisations are denying that they have been in negotiation with Man Utd over shirt sponsorship

https://twitter.com/titan_plus/status/1 ... 3357090817" onclick="window.open(this.href);return false;

- who is trying to drive the price up?

Simon Chadwick also questioned it when the story broke

https://twitter.com/Prof_Chadwick/statu ... 4008602624" onclick="window.open(this.href);return false;

[Chester Perry]

Rangers require another £10m share issue to see them through the season (and that is before any Jan transfer window activity

https://www.bbc.co.uk/sport/football/50556392" onclick="window.open(this.href);return false;

[Chester Perry]

Simon looks at why those Saudi Arabia buying Manchester United stories will just not go away

https://www.policyforum.net/a-different ... g-contest/" onclick="window.open(this.href);return false;

and to help you understand the "rentier state" mentioned notion in that article he has also written this on that particular topic

http://www.ejinsight.com/20191125-the-r ... -football/" onclick="window.open(this.href);return false;

[Chester Perry]

Old hat for this thread but a useful summary for those that are newer to it - Tifo Football on why China invested in English football

https://www.youtube.com/watch?v=eZmzi4V ... e=youtu.be" onclick="window.open(this.href);return false;

Simon Chadwick again!

[Chester Perry]

@OmarChaudhouri (of 21stClub football analysis specialists) and @FootballLaw continue their series of chats - episode 2 - The Future of Broadcasting rights

https://www.youtube.com/watch?time_cont ... e=emb_logo" onclick="window.open(this.href);return false;

Episode 1 is in post #2456 http://uptheclarets.com/messageboard/vi ... start=2455" onclick="window.open(this.href);return false;

[Royboyclaret]

Millwall become the 4th club from last years Championship to publish their financial results - @KieranMAguire has a look

https://twitter.com/KieranMaguire/statu ... 8597537792" onclick="window.open(this.href);return false;

This is not far from a relegated Burnley without parachute payments I would think

Probably a very fair observation CP and, strange as it sounds on current league positions, Millwall are possibly the closest comparison with us with both clubs' off a level footing. Certainly Income would be very similar, they had an average attendance last season of just over 13,000 resulting in Matchday receipts of £5.6million and that is the exact same Matchday Income as ours.

Thanks largely to parachute payments and Wage relegation clauses Burnley have at least a three year buffer before we reach comparable levels with the likes of Millwall again but I suspect that fateful day is always in minds of our Board of Directors when planning ahead. The first two years parachute payments of £43million and £35million being particularly crucial.

[Chester Perry]

Looks like the fans who own AFC Wimbledon are going to have to make some very big decisions on their ownership structure in the next two weeks - they cannot raise enough money to pay for the development of their new ground from the banks and the individuals who are prepared to do so want equity for their investment

https://www.standard.co.uk/sport/footba ... 96711.html" onclick="window.open(this.href);return false;

https://twitter.com/mrkfm01/status/1199082725556269057" onclick="window.open(this.href);return false;

[Chester Perry]

Earlier this week @AndyhHolt revealed that Accy are currently in the red to the tune of about £145k - The new pitch mean't they had no home pre-season games and then they lost a big earner when Bury were removed from the league - here he gives a breakdown on match by match earnings - he has done this before and no other club does this

https://twitter.com/AndyhHolt/status/11 ... 7129670656" onclick="window.open(this.href);return false;
https://twitter.com/AndyhHolt/status/11 ... 5543116800" onclick="window.open(this.href);return false;
https://twitter.com/AndyhHolt/status/11 ... 2948179969" onclick="window.open(this.href);return false;

the financial realities down there are stark - which is why he has been so vocal in campaigning for change. Meanwhile he has been getting Dog's abuse from both Bury and Bolton fan's in the last week - no surprise that a lot don't like the truth

[Chester Perry]

Is there a chance that the Premier Leagues new boss will have to stand down before he even starts

https://www.dailymail.co.uk/news/articl ... -sexy.html" onclick="window.open(this.href);return false;

follow the Susan Dinnage U-turn and the vacuum at the top this would be very welcome news to La Liga and Javier Tebas