Football's Magic Money Tree

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jul 04, 2019 12:08 pm

These are a useful resource - the Association of Sporting Directors has started a regular Legal newsletter to it's members - provides a useful roundup of legal issues surrounding football

Issue 1 https://associationofsportingdirectors. ... latest.pdf" onclick="window.open(this.href);return false;

Issue 2 https://associationofsportingdirectors. ... y-2019.pdf" onclick="window.open(this.href);return false;

In what is a relatively new profession (though fast developing and regarded by many as essential - witness the pillorying of Man Utd recently) the ASD provides a valuable resource on the issues that Sporting Directors face - for those wanting to keep up

https://associationofsportingdirectors.com/" onclick="window.open(this.href);return false;
https://twitter.com/ASD_SportDir" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jul 04, 2019 12:27 pm

Not sure I really se this going anywhere - apparently some clubs (who? Boro?) are asking the Premier League to investigate and reject Aston Villa's stadium sale that helped them avoid FFP

https://offthepitch.com/a/clubs-want-pr ... adium-sale" onclick="window.open(this.href);return false;

https://talksport.com/football/567296/p ... stigation/" onclick="window.open(this.href);return false;

The times article https://www.thetimes.co.uk/article/asto ... -0tcrzjl7b" onclick="window.open(this.href);return false; - I have used my free reads this week so if someone could transcribe would be grateful

- just cannot see how this would work as many clubs no longer directly own their ground and as @KieranMaguire showed the wording preventing such sales was explicitly removed from the latest Profit and Sustainability rules (see post #1506 http://www.uptheclarets.com/messageboar ... start=1505" onclick="window.open(this.href);return false;)

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jul 04, 2019 4:33 pm

Afghanistan's women's team coach Kelly Lindsey's criticism of FIFA and Gianni Infantino (see post #1561 http://www.uptheclarets.com/messageboar ... start=1560" onclick="window.open(this.href);return false;) has not gone down well with FIFA who somewhat predictably say they are looking closely at the situation

https://apnews.com/8bc51d36c9df40ae96557b5bd18113af" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jul 04, 2019 4:40 pm

Remember that post about Sepp Blatter and his watches still in the office at FIFA (see post #1022 http://www.uptheclarets.com/messageboar ... start=1021" onclick="window.open(this.href);return false;) he is still banging on the case

https://www.bbc.co.uk/sport/football/48865823" onclick="window.open(this.href);return false;

@TariqPanja who broke the story back in May doesn't seem to impressed with the BBC's exclusive

https://twitter.com/tariqpanja/status/1 ... 1658413056" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 1:54 am

I have been sat on this for a while waiting for it to develop, Garry Monk was sacked by Birmingham City because he wanted to use his agent to buy players, this sparked concern at Middlesbrough, who started to look at transactions while he was with them, for a manager who Birmingham fans at least rate, he could be heading out of the game if Boro's initial findings lead to prosecution.

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

I also suspect that Swansea and Leeds will be carrying out investigations of their own, no wonder that Newcastle link died very quickly http://www.uptheclarets.com/messageboar ... 1&start=07" onclick="window.open(this.href);return false;

RammyClaret61
Posts: 3070
Joined: Sun Jan 03, 2016 9:46 pm
Been Liked: 1090 times
Has Liked: 300 times
Location: Melbourne, Australia.

Re: Football's Magic Money Tree

Post by RammyClaret61 » Fri Jul 05, 2019 4:19 am

Monk to now take vow of silence!!

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 1:16 pm

@KieranMaguirre talks football finance with a particular focus on the Sheffield clubs - part 1 Wednesday

https://www.youtube.com/watch?time_cont ... O0fkQz1F4Q" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 1:30 pm

FIFA are expected to announce the 2021 Club world cup (the revised 24 team competion (http://www.uptheclarets.com/messageboar ... &start=662" onclick="window.open(this.href);return false;) as being June 17 - July 4 2021 - with a Womens version before it with a a womens European Championships in England in the July - not much rest their then for the top players

https://twitter.com/RobHarris/status/11 ... 1221785601" onclick="window.open(this.href);return false;

looking like China may the be the ones that blew the Saudi/Softbank deal out of the water (see post #1353 http://www.uptheclarets.com/messageboar ... 91&start=1" onclick="window.open(this.href);return false;)

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 2:28 pm

PSG start to move away from Qatari primary sponsorships - possibly because of the hoohaa Football Leaks caused Man City - used google translate as article in French -be warned for some weird sentence structures

https://translate.google.com/translate? ... 1481423553" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 2:47 pm

Simon Chadwick on what appears to be Phase 2 of China's sports sponsorship plan as it builds it's soft power status

https://twitter.com/Prof_Chadwick/statu ... 2641916928" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 3:02 pm

A detailed post on how FIFA can improve it's regulations and approach to protecting the rights of children

https://verfassungsblog.de/we-need-to-t ... ligations/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 3:04 pm

Bath City have plans to redevelop their ground at Twerton Park - those who want our club to do the same may ask - if they can, why can't we?

https://twitter.com/BathCity_FC/status/ ... 9029782528" onclick="window.open(this.href);return false;

video

https://twitter.com/fcbusiness/status/1 ... 2195033091" onclick="window.open(this.href);return false;

Scunthorpe doing there's too

https://www.grimsbytelegraph.co.uk/news ... on-3047989" onclick="window.open(this.href);return false;
Last edited by Chester Perry on Fri Jul 05, 2019 3:10 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 3:08 pm

Following on from the media success of the women's world cup - premier expansionist Gianni Infantino has revealed plans to expand the next edition to 32 teams, also planning to double the prize money to $60m a huge (sic) 14% of the men's version

https://apnews.com/a36839d33ae04361806a8901782ef552" onclick="window.open(this.href);return false;

just so that prize money is put into further context FIFA currently have cash reserves of $2.7bn
Last edited by Chester Perry on Fri Jul 05, 2019 3:50 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 3:16 pm

Latest issue of FC Business is out - couple of interesting articles on Football Clubs in crises, the gap between the Premier League and EFL and one from the Football Supporters Association - also I hadn't noticed that the Prime Minister had been to Burnley recently

https://cloud.3dissue.com/6374/7271/131 ... .html?r=92" onclick="window.open(this.href);return false;
Last edited by Chester Perry on Fri Jul 05, 2019 3:34 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 3:24 pm

Les Ferdinand talks about PR coming to their senses and taking a more sustainable approach - including cutting the wage bill by 70% - and how tough it has been to do

https://talksport.com/football/efl/5674 ... d-leaving/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 3:43 pm

Article on why Juventus are world leaders at getting top quality players on free transfers and why Pirlo was the trigger

https://www.espn.co.uk/football/club/ju ... -transfers" onclick="window.open(this.href);return false;

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Jul 05, 2019 4:56 pm

Chester Perry wrote:Les Ferdinand talks about PR coming to their senses and taking a more sustainable approach - including cutting the wage bill by 70% - and how tough it has been to do

https://talksport.com/football/efl/5674 ... d-leaving/" onclick="window.open(this.href);return false;
I see Lee Hoos continues to work his magic at QPR. We should be forever grateful he moved on from Turf Moor.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 5:05 pm

to be fair to Lee Hoos he is asked to do a firefight in his called in, never going to make you popular irrespective of your communication skills

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Jul 05, 2019 5:14 pm

Chester Perry wrote:to be fair to Lee Hoos he is asked to do a firefight in his called in, never going to make you popular irrespective of your communication skills
Don't understand that, Chester.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jul 05, 2019 5:23 pm

He has been asked to rescue a club in difficulty (we were in a financial mess when he was here too) I don't particularly care for the guy but that cutting of the cloth never makes you popular with fans.

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Jul 05, 2019 5:29 pm

I never saw Lee Hoos and Burnley Football Club as a good fit. His ideas were never going to work here and it was best for both parties when he moved on.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jul 06, 2019 2:49 am

Following Birmingham City and Middlesbrough (http://www.uptheclarets.com/messageboar ... start=1568" onclick="window.open(this.href);return false;) Leeds have come out and said they had misgivings about his dealings with his agent

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

we just need Swansea to do the same and we have a full house and possibly little chance of Monk managing again - then again football is a fickle world - still strange that no one went to the authorities with their concerns

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jul 06, 2019 3:22 am

It is a perennial subject of discussion on this board, getting new owners/investors to takes to the 'fabled next stage'. But just what do investors want - here sportsbusiness,com presents a very interesting article on Investing in football clubs

How football clubs can cash in on the game’s changing investment landscape - byJonathan Dyson - July 5, 2019

- Nature of investment in football is evolving as it attracts more private equity
- Clubs can leverage new investment, both on and off the pitch
- Risks and rewards vary across different leagues

According to KPMG’s ‘The European Elite 2019’ report, published in May, the combined enterprise value of the 32 most prominent European football clubs increased nine per cent in 2018, and has grown 35 per cent over the past three years.

This growth rate contrasts with the fortunes of European stocks in the same period – notably the STOXX Europe 50 Index, whose value fell 13 per cent in 2018, the report notes. It says this demonstrates “the different pace at which the football industry is evolving.

Charles Baker, co-chair of New York-based O’Melveny’s sports industry group, which advises on a broad array of transactions, including M&A, tells SportBusiness that “an investment into a football club currently offers investors the potential for significant return on their initial investment, as the CAGR for sports team ownership is better than almost every other asset class over the last five, 10 and 20 years”.

He adds: “Given the current levels of growth in the sports market, an investment in a football club may be a smart portfolio choice. A lot of investors see this asset class as the new frontier for sports investment, especially when compared to the NFL and MLB, which are seen as more mature properties.”

Baker also notes that due to financial fair play regulations and other factors such as stable sponsorship revenues driven by global appeal, the profitability of European clubs is growing.

Stephen Duval, co-founder of London-based 23 Capital, which provides finance to the sports and entertainment sectors, tells SportBusiness that a new wave of investors has entered football and is changing the landscape.

“Football clubs are definitely being seen far less as trophy assets for rich people,” he says.

“They are now run like proper businesses. Even Manchester City – you may say Abu Dhabi are throwing money at it, but they’ve turned it into a business.”

His co-founder at 23 Capital, Jason Traub adds: “We are seeing more institutional financial interest in football now.”

Examples of US private equity investors buying into European clubs include Jason Levien and Steve Kaplan (Swansea City), John Henry (Liverpool), Harris Blitzer Sports & Entertainment (Crystal Palace), The Tornante Company (Portsmouth), Joe DaGrosa (Bordeaux), and James Pallotta (AS Roma).

Challenges for clubs
Baker says that the influx of private equity “cannot be understated because it significantly increases competition for clubs, driving up prices”.

He adds: “I think we will also see more clubs changing hands, due to the focus on short-term returns and exits, which could create instability at certain clubs. These short-term turnarounds could lead clubs to take actions that are riskier from a regulation or operational perspective, and that a long-term investor would not otherwise take.”

However, he adds: “Private equity firms can be savvy financial investors focused on buying underappreciated assets and making certain operational and financial changes to unlock value.”

Duval notes that “there are a lot of principles to private equity, so the rules about getting out in a managed timeframe are less relevant”. Such principles include alignment of interest, governance and transparency. “Particularly in the Premier League a lot of these principles of private equity are getting involved.”

Comparing the influx of private equity to previous waves of owners, Traub adds: “I think the financial community coming in is potentially a healthier one. Most private equity investors come with a challenging mindset, a smart mindset.

“A lot of them will have a financial driver but what is clear from the Premier League, for example, is that an individual investor will learn quickly how to balance financial performance with stakeholder interest – and by that I mean the fans and the local community.”

Attracting PE investment
Baker stresses that a club “must be appropriately priced to provide an acceptable risk/return from a capital cost perspective. Without that, all of the operational changes will not provide much upside”.

He explains that investors are more wary of buying stakes in European clubs, especially in the Premier League, because of the risk of relegation and its effect on club value.

“There is definitely an increased sense of caution when buying a Premier League club,” he says.

To overcome some of that risk his group recommends structured deals with a contingency, with a certain portion of the purchase price – typically 20-to-30 per cent – held back and provided only if the club meets certain “relegation/promotion metrics”.

Last year’s sale of Aston Villa was an example of such a deal. The NSWE group purchased a controlling 55-per-cent stake in the club, which won promotion back to the Premier League in May, triggering the remainder of the purchase price to be paid. “This type of structure in a deal is becoming increasingly common,” says Baker.

Challenges for investors
At the FT Business of Football Summit, held in London on May 31, Goldman Sachs managing director Gregory Carey said it is still extremely challenging for investors in English clubs outside of the elite to grow the value of their investments.

“There is a lot of competition for very few spots,” he said. “Some teams that you think should be playing in the Premier League have been relegated, so it’s very tough. People think they understand the space, but they are realising how hard it is.”

Carey pointed to the example of Swansea City, who were relegated from the Premier League in 2017-18 after seven consecutive seasons in the top flight. A consortium of American businessmen had acquired a controlling 68-per-cent stake in the club in July 2016.

“It’s a lot easier to buy a mid-level club in Italy than an English Championship club because you have a much better chance of staying up,” Carey said.
However, Traub observes that other challenges exist in Italy and elsewhere in Europe, and points to the chronic delays in the building of AS Roma’s new stadium as a prime example.
James Pallotta, Roma’s American owner and president, presented plans for the new ground in March 2014 and targeted the 2016-17 season for its opening. Construction has still not started, with the project suffering a number of setbacks including the arrest of nine people linked to the building of the stadium.
Traub said that owners of Premier League clubs are likely to find fewer obstacles to driving growth and will “feel like the destiny is in their own hands”.

Leveraging investment
Traub adds that multiple ownership of clubs is a way for additional value can be unlocked, with the City Football Group, which along with Manchester City owns parts of clubs in the US, Australia, Japan, Spain, Uruguay and China, leading the way.

Traub notes that City are formalising the multiple ownership of clubs done already elsewhere, for instance by the Pozzo family. “Manchester City have a thesis to institutionalise football ownership under one umbrella,” he explains.

Other similar developments are likely to emerge soon. “We are seeing a much healthier want by new investors to look at consolidating a number of clubs,” Traub reveals. “We know of three or four parties that are looking to drive that same thesis.”

Ebru Köksal, senior advisor at investment management firm J. Stern & Co. and former chief executive at the Galatasaray Group, says that women’s football also represents a valuable opportunity for clubs, pointing to Lyon, whose women’s side has won six Uefa Women’s Champions League titles, including the last four in a row. Lyon is owned by French businessman Jean-Michel Aulas, and Köksal says the club’s women’s side “has been one of the best investments of his life”.

Köksal adds: “If I had €10m I would definitely go for a women’s club because the growth potential there is tremendous. Also, there is less competition and it’s easier as you are starting with a blank page.”

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jul 06, 2019 3:30 am

The bidders for the Men's under 20 world cup in 2021 are mixed bag to say the least with some leaving you wondering just what FIFA care about

https://twitter.com/RobHarris/status/11 ... 4703568897" onclick="window.open(this.href);return false;

The confirmation that Myanmar (the world's current genocide hotspot) is one of the bidders has provoked outrage - but as we well know football will take the money wherever it can get it - it is a matter of weeks since Leeds played in Myanmar. Which caused plenty of controversy in the build-up

https://www.policyforum.net/leeds-score ... tour-plan/" onclick="window.open(this.href);return false;

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jul 06, 2019 3:39 am

This may interest some of you - a new ebook - ‘England’s Oldest Football Clubs 1815-1889: A new chronological classification of early football’

https://twitter.com/martinwestby/status ... 2098283520" onclick="window.open(this.href);return false;

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Sat Jul 06, 2019 10:21 am

Chester Perry wrote:This may interest some of you - a new ebook - ‘England’s Oldest Football Clubs 1815-1889: A new chronological classification of early football’

https://twitter.com/martinwestby/status ... 2098283520" onclick="window.open(this.href);return false;
They appear to have us down as 1874 to present date, but it was at a meeting in May 1882 that the Burnley Rovers Football Club held a special meeting at which it was decided that there should be a change of codes. Association football took over from rugby as the game played by the town then based at Calder Vale.

We then switched to Turf Moor at the invitation of the neighbouring Cricket Club in February 1883.

Which was the first club formed in Lancashire and how many years before our 1882 starting point ?

Swizzlestick
Posts: 3978
Joined: Sun Mar 20, 2016 9:40 pm
Been Liked: 1503 times
Has Liked: 578 times

Re: Football's Magic Money Tree

Post by Swizzlestick » Sat Jul 06, 2019 10:28 am

Rovers, I think.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jul 06, 2019 1:17 pm

Royboyclaret wrote:They appear to have us down as 1874 to present date, but it was at a meeting in May 1882 that the Burnley Rovers Football Club held a special meeting at which it was decided that there should be a change of codes. Association football took over from rugby as the game played by the town then based at Calder Vale.

We then switched to Turf Moor at the invitation of the neighbouring Cricket Club in February 1883.
If you look at the extended title it talks about all forms of football including rugby in those early days, and I am assuming that all those clubs changed to Association Football at some point - like us so the formation date will be correct as you are about the switch to Association Football

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jul 07, 2019 1:07 am

following on from post # (http://uptheclarets.com/messageboard/vi ... start=1570" onclick="window.open(this.href);return false;) @KieranMaguire continues his discussion of football finance with particular focus on Sheffield Utd this time

https://www.youtube.com/watch?v=CWJ4xbJDEs4" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jul 07, 2019 1:16 am

Topical for the transfer season

Daniel Geey known as @FootballLaw gives a talk on his widely acclaimed book "Done Deal - an Insiders Guide to Football Contracts, Multi Million pound Transfers and Premier League Big Business" - ***Warning*** lasts the best part of an hour

https://www.youtube.com/watch?v=5kiiennLtwE&app=desktop" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jul 07, 2019 1:27 am

In post #1565 (http://uptheclarets.com/messageboard/vi ... start=1564" onclick="window.open(this.href);return false;) I introduced the Association of Sporting Directors - here TIFO Football look at just what a Director of Football (it's other name in the game) is

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jul 07, 2019 11:29 am

@BarneyRonay of the Guardian looks at the once shining light of Neymar, what has changed and the incredible range of endorsements he has signed - he found the Magic Money Tree and abused it - it would seem

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jul 07, 2019 6:08 pm

@KieranMguire produces a chart matching wages to points earned over the last 25 years of records in the Premier League

https://twitter.com/KieranMaguire/statu ... 3005260800" onclick="window.open(this.href);return false;

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Sun Jul 07, 2019 7:16 pm

Chester Perry wrote:@KieranMguire produces a chart matching wages to points earned over the last 25 years of records in the Premier League

https://twitter.com/KieranMaguire/statu ... 3005260800" onclick="window.open(this.href);return false;
Absolutely no surprises there with the expected strong correlation between levels of Wage bill and points earned.

The only exception being the 2015/16 season where the line looks a bit "odd" as a result of Leicester winning the title with a mere £80.4m Wage bill. Remarkably a level that we equalled in our last set of accounts to Jun'18.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 12:05 pm

In post #1168 (http://uptheclarets.com/messageboard/vi ... start=1167" onclick="window.open(this.href);return false;) we finally learned the size of the TV deal that will cover the next 3 seasons of Premier League Football - In the following couple of posts Royboyclaret and I tried to work out what that would mean to prize money (there are new distribution rules remember). In post #1221 (http://uptheclarets.com/messageboard/vi ... start=1220" onclick="window.open(this.href);return false;) The telegraph had a go. Now it is the turn of @SwissRamble to offer his two penneth

https://twitter.com/SwissRamble/status/ ... 4980584449" onclick="window.open(this.href);return false;

It is telling how the new distribution rules have improved the benefits to the big six with exactly 50% of the increased overseas income going to them - if the old rules were kept the difference in overall PL earnings would have been narrowed

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 12:39 pm

Following completion of the takeover of Huddersfield town last week by Phil Hodgkinson (https://www.htafc.com/news/2019/july/ta ... -chairman/" onclick="window.open(this.href);return false;) it has been confirmed at companies house that the outstanding £48m loan from former owner Dean Hoyle has now been secured against various properties and assets at the club (they share ownership of the ground with the rugbly league club and the local borough council).

https://twitter.com/KieranMaguire/statu ... 5210443776" onclick="window.open(this.href);return false;

This is the kind of arrangement that can end up very messy down the line (especially with Hoyles health situation)

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 1:03 pm

As part of the deal to end the deadlock over capacity and other issues between West Ham it's landlord E20 West Ham had agreed to pay for any upgrades and an increased rent (https://www.bbc.co.uk/sport/football/46545833" onclick="window.open(this.href);return false;) initially the increase was to 60k but the ambition was always to go up to the full 66k potential. now West Ham have applied to take it up to 62.5k as they seek to cement their place as London's largest club stadium. - from the Times


West Ham bid for more seats than their London rivals - Gary Jacob
July 8 2019, 12:01am,

West Ham United are seeking planning permission to increase their seating capacity to create the biggest club stadium in London, and second only to Manchester United in England.

The club want to increase the number of seats available for matches by 2,500 to 62,500 at the London Stadium and will consult with residents at a meeting in east London tonight. In what will be seen as West Ham trying to claim the capital’s bragging rights, the club eventually want to use all of the 66,000 seats in the ground. Tottenham Hotspur opened their 62,062-seater stadium in April and Arsenal are in the second stage of building work to increase the capacity of the Emirates Stadium to 60,600 this summer. United’s Old Trafford holds 76,000.

West Ham say that they have 54,000 season-ticket holders and a waiting list of 40,000. A planning application could be lodged in the coming months and it is hoped it would be granted in time to use the extra seats this coming season.

“It has always been the intention to increase the capacity,” a West Ham spokesperson said: “The club has started the next step of that process, which is to seek planning approval to increase the capacity to 62,500.”

West Ham moved to London Stadium in 2016 but were restricted to using 57,000 of the 66,000 seats by the safety advisory group, which includes the Metropolitan police, the local council and the London Legacy Development Corporation, the landlord.

The club were in a legal dispute with the landlord over the spare capacity, which was resolved last November. West Ham were given permission to raise their capacity by 3,000 to 60,000 by paying an additional £250,000 in annual rent to cover some of the costs. The club earns about an extra £1 million annually from the extra seats. Under the same agreement, it would pay a further £83,000 in rent if permission is granted to take the capacity to 62,500. They would pay about £33 per seat after that up to 66,000.

The club’s annual rent has increased from an initial £2.5 million to in excess of £3 million when taking into account the settlement of other disputes with the landlord.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 1:35 pm

Posted a number of times now about Chinese state effectively controlling Southampton FC going all the way back to post #821 (http://uptheclarets.com/messageboard/vi ... &start=820" onclick="window.open(this.href);return false;) through to strange shirt sponsorship post #1048 (http://uptheclarets.com/messageboard/vi ... start=1047" onclick="window.open(this.href);return false;) and what that could mean post #1052 (http://uptheclarets.com/messageboard/vi ... start=1051" onclick="window.open(this.href);return false;) and post #1063 (http://uptheclarets.com/messageboard/vi ... start=1062" onclick="window.open(this.href);return false;) The PL finding that the saints were not owned by the Chines State post #1062 (http://uptheclarets.com/messageboard/vi ... start=1061" onclick="window.open(this.href);return false;) and Gao Jisheng's own statements on the matter post #1358 (http://uptheclarets.com/messageboard/vi ... start=1358" onclick="window.open(this.href);return false;) and Simon Chadwick's contrary evidence post #1379 (http://uptheclarets.com/messageboard/vi ... start=1378" onclick="window.open(this.href);return false;)

Now Simon Chadwick shows a brief timeline of Chinese involvement in Southampton as a city and club (remember the Belt and Road Initiative) through to the recent announcement of a new tie-up with the university there

https://twitter.com/Prof_Chadwick/statu ... 7511059456" onclick="window.open(this.href);return false;

and that new link being rail based is interesting too, given Chinese ownership of Aston Villa, Birmingham City, West Brom and Wolves given that area's importance to HS2
Last edited by Chester Perry on Mon Jul 22, 2019 7:42 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 1:46 pm

with their latest statement on the Newcastle Utd takeover the Bin Zayed group sound more and more like Bassini at Bolton

https://www.shieldsgazette.com/sport/fo ... eal-437531" onclick="window.open(this.href);return false;

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Mon Jul 08, 2019 6:39 pm

Chester Perry wrote:In post #1168 (http://uptheclarets.com/messageboard/vi ... start=1167" onclick="window.open(this.href);return false;) we finally learned the size of the TV deal that will cover the next 3 seasons of Premier League Football - In the following couple of posts Royboyclaret and I tried to work out what that would mean to prize money (there are new distribution rules remember). In post #1221 (http://uptheclarets.com/messageboard/vi ... start=1220" onclick="window.open(this.href);return false;) The telegraph had a go. Now it is the turn of @SwissRamble to offer his two penneth

https://twitter.com/SwissRamble/status/ ... 4980584449" onclick="window.open(this.href);return false;

It is telling how the new distribution rules have improved the benefits to the big six with exactly 50% of the increased overseas income going to them - if the old rules were kept the difference in overall PL earnings would have been narrowed
With the new season and new deal almost upon us it's important to understand how the new deal will affect us. In essence domestic revenue is reduced a little for the 2020-22 three year period but that is more than offset by a significant increase in overseas rights. Clubs will continue to share current levels of overseas income but any increase will be distributed according to finishing position in the league.

As a club we at Burnley have exceeded half a billion pounds in Total Income over the last five seasons but still it's incredible that TV Income accounts for about £430 million of that total. And remarkably that figure even includes one season when we only received parachute payments following relegation in '14/'15. Breakdown of the £430m as follows :-
'14/'15.......£66.6m
'15/'16.......£29.6m
'16/'17.......£105.0m
'17/'18.......£121.5m
'18/'19.......£107.3m.
This user liked this post: randomclaret2

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 7:33 pm

I last spoke of City Football Group expanding the number of clubs they own back in post #578 (http://uptheclarets.com/messageboard/vi ... &start=577" onclick="window.open(this.href);return false;) - back then it seemed that India was the next likely target. However speculation now suggests that Thailand may be the nxt stop

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 7:49 pm

You may have seen the nonsense over the weekend about Jose rejecting a massive deal in China - It smelt wrong when it first began to emerge last week - they would not commit that level of money (the state would stop it) and Jose still sees himself at an elite league in Europe. This helps kill it, thankfully

https://twitter.com/DreyerChina/status/ ... 3913426944" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 7:58 pm

Nike come over all two faced as they release ads supporting the USWNT call for equal pay

https://twitter.com/Prof_Chadwick/statu ... 9404818435" onclick="window.open(this.href);return false;

that lawsuit

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 8:05 pm

Following on from post #1558 (http://uptheclarets.com/messageboard/vi ... start=1557" onclick="window.open(this.href);return false;) and the next step for women's football the revamped women's super league organisation takes shape

https://www.bbc.co.uk/sport/football/48906848" onclick="window.open(this.href);return false;
Last edited by Chester Perry on Sun Jul 14, 2019 12:05 am, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jul 08, 2019 8:33 pm

We know the importance of commercial sponsorships to football clubs at all levels, here AFC Wimbledon come up with an "innovative" approach to naming rights

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 09, 2019 11:53 am

Football, like most sport has the power to be a communities beating heart, sometimes the combined power of community and club can reach levels beyond what is believed attainable, Burnley has through it's long history done that more often than not. North Ferriby were doing the same, winning the FA Trophy and getting into the National League 4 years ago. In March this year they were liquidated, now a phoenix is arising with the man who built the previous success over 22 years, back at the helm.

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

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 09, 2019 12:27 pm

In February 2018 Serie A announced that Mediapro would be the domestic broadcaster of live games for the coming cycle starting in August that year, by June of 2018 the rights were in possession of Sky Italia and DAZN in a landmark joint deal. That story here

https://www.tvbeurope.com/business/medi ... tv-channel" onclick="window.open(this.href);return false;

With the bidding process under way for the next cycle, the surprise is Mediapro are back in, and with a concept that will have established broadcasters feeling a little nervous - they want to create and produce Serie A's own TV channel - details are sketchy at the moment

https://www.tvbeurope.com/business/medi ... tv-channel" onclick="window.open(this.href);return false;

(FT has most details if you are a subscriber - I'm not https://www.ft.com/content/45774c90-a1a ... f48f366f7d" onclick="window.open(this.href);return false;)

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 09, 2019 1:03 pm

I have posted a lot about sportswashing and softpower primarily with relation to the Middle and Far East with Hungary and Russia thrown in for good measure. The Brazilian President's hijacking of his team's performance in the Copa America was much more about the domestic stage.

https://www.independent.co.uk/sport/foo ... 92936.html" onclick="window.open(this.href);return false;

See also post #1563 (http://uptheclarets.com/messageboard/vi ... start=1562" onclick="window.open(this.href);return false;)

@EwanMackenna was particularly brave with his questioning in the post match news conference

https://twitter.com/MiguelDelaney/statu ... 8575656966" onclick="window.open(this.href);return false;

The difference in the approach of the Brazilian players and coach to say Megan Rapinoe and her very outspoken comments on Trump, FIFA and Infantino is probably one of the nature of reprisal

https://www.independent.co.uk/news/worl ... 31651.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 09, 2019 1:17 pm

You may be aware that the African Cup of Nations is currently in progress, but are you aware that the attendances are well below what we saw in the recent Women's World Cup (the poor ticket sales arrangements and marketing of which were under significant media scrutiny). Apparently this is part of a growing trend on a continent that still remains in thrall of the beautiful game - just not their's it seems


https://www.africanews.com/2019/07/08/a ... -oladokun/" onclick="window.open(this.href);return false;

SGr
Posts: 4412
Joined: Thu Jan 21, 2016 9:46 pm
Been Liked: 1022 times
Has Liked: 307 times

Re: Football's Magic Money Tree

Post by SGr » Tue Jul 09, 2019 3:30 pm

Bit of Burnley finance news per Kieran Maguire. Overdraft facility with Barclays ended.

https://twitter.com/kieranmaguire/statu ... 04513?s=21" onclick="window.open(this.href);return false;

Post Reply