Football's Magic Money Tree

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 12:19 am

@TariqPanja gives an insight into the murky world of financing in football

"Though reports suggest Arsenal will get 5 years to pay Lille €80m fee for Pepe, chances are Lille would have sold that on to a third party financing company in return for about €70/75m. It will be that company that will be paid over 5 years."

Explains the higher fee - Lille get what they want and now and some bankers get to make money out of football again!!

The full thread on that tweet gives more detail - https://twitter.com/tariqpanja/status/1 ... 3710715906" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 12:36 am

following the above post I have started looking at factoring in football

apparently Leicester did it for the Mahrez transfer - https://ftalphaville.ft.com/2018/11/12/ ... ad-Mahrez/" onclick="window.open(this.href);return false;

This article from 2017 talks about factoring for buying clubs and using future tv revenues

https://www.standard.co.uk/sport/footba ... 23016.html" onclick="window.open(this.href);return false;

- which would explain all those PL clubs posting credit facilities against future TV revenues. Burnley are possibly the only club in the Premier League that do not do this currently (I am sure they have in the recent past) preferring to use their own cash reserves

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 12:17 pm

Blackpool's new owners do what the previous didn't - publish their 2017/18 accounts - @KieranMaguirre takes a peek

https://twitter.com/KieranMaguire/statu ... 0583150592" onclick="window.open(this.href);return false;

Add them to the list of clubs that do not own their own ground

There is more input from Kieran in this piece with the local rag

https://www.blackpoolgazette.co.uk/spor ... -1-9905590" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 12:54 pm

Part 2 of the Independent's Sporting Mind series - looking at mental Health in sport - today the pain and mental trauma that comes with serious injury - it is pretty obvious that there is a reluctance/budget constraint on medical bills here, together as a complete lack of awareness of the psychological impact on the player,

https://www.independent.co.uk/sport/the ... 99096.html" onclick="window.open(this.href);return false;

EDIT - This story on an Ipswich Academy player referred to in the above link is horrendous

https://www.independent.co.uk/sport/foo ... 42116.html" onclick="window.open(this.href);return false;

introduction and part 1 of the series can be found here in post 1784 (http://uptheclarets.com/messageboard/vi ... start=1783" onclick="window.open(this.href);return false;)
Last edited by Chester Perry on Tue Jul 30, 2019 1:43 pm, edited 1 time in total.

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 1:02 pm

The now annual list of football academy's product playing in the Premier League has been released - we are bottom naturally but that could change this season with Dwight playing even more, the addition of Jay and possibly Benson, Dunne and Koiki getting some game time.


https://www.independent.co.uk/sport/foo ... 26536.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 1:24 pm

Remember that question from @RobHarris to Pep immediately after the cup final about other earnings from AbuDhabi - it opens the podcast I linked yesterday in post #1787 (http://uptheclarets.com/messageboard/vi ... start=1786" onclick="window.open(this.href);return false;) - I find it intriguing that new City kit manufacturer Puma have entered into a separate deal with him - why not include him in the club deal.

https://sponsorship.sportbusiness.com/n ... guardiola/" onclick="window.open(this.href);return false;

of course it could be in his contract that he can make his own deals, but at who's suggestion? - up to now at City he wore stone island before that grey Diesel cardigan (a personal deal for that) when city also signed a deal with Diesel for player clothing. This just smacks of City paying Pep more indirectly via their commercial partners, - There is also a Nissan deal signed a few weeks ago with club and Pep - separate deals, same sponsor

https://sponsorship.sportbusiness.com/n ... mbassador/" onclick="window.open(this.href);return false;

Royboyclaret
Posts: 3891
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1282 times
Has Liked: 682 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Tue Jul 30, 2019 1:35 pm

Chester Perry wrote:Blackpool's new owners do what the previous didn't - publish their 2017/18 accounts - @KieranMaguirre takes a peek

https://twitter.com/KieranMaguire/statu ... 0583150592" onclick="window.open(this.href);return false;

Add them to the list of clubs that do not own their own ground

There is more input from Kieran in this piece with the local rag

https://www.blackpoolgazette.co.uk/spor ... -1-9905590" onclick="window.open(this.href);return false;
Some eye-watering figures there in the eagerly awaited Blackpool accounts to Jun'18. Income of just £3.3m and that with a financial year comprising 13 months!........and a Wage bill that is still far too high at 128% of Turnover.

It's interesting to compare the different direction that Blackpool and Burnley have taken in recent seasons. We were promoted in 2009 and they came up I think the following year. Both clubs initially had one year in the Prem but whereas we came back in 2014 (just as our parachute payments ran out) Blackpool never looked like regaining a place at the top table.

This is where a difference in approach from the respective owners was crucial, we made the sensible decision to prioritise repayment of all debts whilst Karl Oyston considered it a good idea to pay himself a dividend of a mere £11million.

First impressions of the new guy at Blackpool are favourable but he starts from a very poor financial position whereas we at Burnley move from strength to strength. I can be critical of our Burnley Board at times, mainly due to lack of communication with shareholders and supporters, but there are lots of reasons to be grateful for the direction in which they've taken the Club.
This user liked this post: randomclaret2

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 2:07 pm

just got round to listening to the podcast I linked yesterday in post #1785 (http://uptheclarets.com/messageboard/vi ... start=1784" onclick="window.open(this.href);return false;) with Daniel Geey @FootballLaw on transfers - he is really good and gives a really deep level of detail on everything we normally don't consider as fans well worth the 50 mins or so of time. The interviewers are annoying though.

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 2:24 pm

We know top footballers get endorsements on top of their salaries from partners and we are becoming much more acquainted with the notion of influencers who get paid for social media posts - but just how much can a player earn for the same thing - the numbers are remarkable

https://twitter.com/Football_BM/status/ ... 7536747520" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 2:43 pm

Following yesterdays posts on "factoring" (#1789 #1790 http://uptheclarets.com/messageboard/vi ... start=1788" onclick="window.open(this.href);return false;) more finance gymnastics - this time in Italy

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

This is perhaps a more established approach to financing - once used as a means of financing new stadia but now just for restructuring debt - however sensible the move is (if it reduces interest and management costs) it just re-affirms my no debt in football desire

tiger76
Posts: 25697
Joined: Sat Jun 24, 2017 9:43 pm
Been Liked: 4644 times
Has Liked: 9849 times
Location: Glasgow

Re: Football's Magic Money Tree

Post by tiger76 » Tue Jul 30, 2019 3:27 pm

Notts County settle their debts and can hopefully build towards a FL return.

https://www.bbc.co.uk/sport/football/49165776

Credit to the new owners having their priorities correct,and not going down the Bolton route.
These 2 users liked this post: Chester Perry Royboyclaret

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 4:23 pm

Amazon are arranging for their matches to be offered to pubs and clubs via BT's offering - from the Telegraph

Amazon Prime Video join forces with BT Sport to allow their Premier League games to be shown in pubs - Sam Wallace, Chief Football Writer
30 July 2019 • 3:49pm

Amazon Prime Video will announce an alliance with BT Sport this week that will allow the US internet streaming giant, a newcomer to Premier League rights in the United Kingdom, to offer a package to pubs to show the 20 games it has acquired.

The “Amazon Premier League Pass” will be marketed by BT Sport and pubs and clubs will use existing set-top equipment to access it, suggesting a level of cooperation between the two smaller stake rights holder against Sky Sports, which still dominates live coverage in the UK.

Pubs and clubs spent between £10,000 and £30,000 per year depending on their size for the rights to broadcast live Premier League football in the UK in the previous three-year rights cycle when Sky Sports and BT Sport divided the live games between them. Pubs will now pay a further fee to broadcast the two rounds of ten Amazon Prime games – the first December midweek fixtures and the Boxing Day programme. There will be no requirement to be an existing BT Sport customer.

The fee for an Amazon Premier League Pass is expected to be between £100 to £600 depending on the size of the licensed premises and will be marketed by BT Sport. The earnings from commercial premises are a crucial part of the business plan for the three broadcasters who have spent more than £5 billion between them on live Premier League UK rights for the next three seasons. That was a fall in value of around £400m from the 2016-2019 cycle of domestic rights.

For the next three seasons, starting next month, Sky has the rights to 128 games and BT Sport a further 52. Amazon Prime are the new force and there will be considerable interest in the industry as to how they handle their two full fixture programmes which will offer subscribers access to any of the ten games being played. As things stand, the growth market for the Premier League is in overseas rights which saw a rise of more than 30 per cent in the auction for the 2019-2022 cycle to £4.2 billion.

However, Amazon Prime are the biggest company ever to own UK Premier League rights. Although they have acquired just a fraction of the market so far it will be the internet company’s intentions for the next cycle of rights, from 2022 to 2025 which will be crucial to the future of the Premier League’s domestic value.

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

given that one of these is Boxing day (though likely to be spread over 3 days at multiple times - these could be quite a good commercial offering

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 4:28 pm

Is this an example of another mistake by a European Club on tour in the far East trying to win support - Juventus in South Korea - Ronaldo on the bench for the whole game and the squad were in the country for 9 hours in total

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

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 9:56 pm

We have seen recently that Liverpool FC are trying to trademark the work Liverpool in all kinds of areas (post #1745 http://uptheclarets.com/messageboard/vi ... start=1744" onclick="window.open(this.href);return false;) - but this is not the first attempt down that path - Last November they tried to do the same with Allez. Allez, Allez before realising the futility of it - This lot are fast becoming more shameless than Utd on the commercial front

https://inews.co.uk/sport/football/live ... copyright/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 10:01 pm

6 hours ago AFC Wimbledon launch a crowdfunding based share issue to help fund the building of their new ground

https://www.afcwimbledon.co.uk/news/201 ... -revealed/" onclick="window.open(this.href);return false;

it already exceeded £700k in 4 hours

https://twitter.com/KentWomble/status/1 ... 0709254147" onclick="window.open(this.href);return false;

this is what can happen when you place a club in the heart of a community

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jul 30, 2019 10:19 pm

In contrast to AFC Wimbledon Liverpool FC's trademark attempts are creating a wedge between themselves their supporters and the city

https://inews.co.uk/sport/football/live ... t-shankly/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 1:15 pm

Nigel Clough gets it mostly wrong when saying that the Premier League should bail out clubs like Bolton and Bury - that would just encourage owners to take more risks

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

The premier League should not bail anyone out because of the ineptitude of the owner, regulations should be in place to prevent the owner creating such a mess in the first place - which would do away with FFP and include a more rigorous approach to "fit and proper". There is a good argument to be had over a better solidarity payment (and distribution) together with a complete review of the parachute payment system and the distorting effect it has on the championship,

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 1:20 pm

Steven Pressley manager at Carlisle has a different view

https://twitter.com/CFMRadioNews/status ... 5278957569" onclick="window.open(this.href);return false;

unfortunately he hadn't checked the clubs last set of published accounts as one Bury fan noticed

https://twitter.com/IblisLord/status/11 ... 5865497600" onclick="window.open(this.href);return false;


That was before Pressley's tenure and the club are on a different path now

https://www.newsandstar.co.uk/sport/176 ... g-process/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 1:26 pm

AS he often (not always) does @AndyhHolt knows what should have been done and who is responsible

https://twitter.com/AndyhHolt/status/11 ... 8734285824" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 1:29 pm

@uglygame gets it and knows what has gone wrong with society to get us here

https://twitter.com/uglygame/status/1156531154834665472" onclick="window.open(this.href);return false;

and even suggests what to do about it

https://twitter.com/uglygame/status/1156453285626359809" onclick="window.open(this.href);return false;

just imagine what the EFL could do with the Parachute money on top of the solidarity payment - that's around £360m a season - less than the revenue of any of the top 6 - but close to 4 times what it has now and Championship clubs currently take 80% of the solidarity payment and usually all the parachute payment

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 1:46 pm

@KieranMaguire brings us up to date on the profit and loss from 2017/18 for the 92 in the pyramid

https://twitter.com/KieranMaguire/statu ... 0562207744" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 1:59 pm

I have posted about Saudi TV operator Beoutq pirating Bein Sports broadcasts in Saudi a few times - now FIFA, UEFA, the Asian Football Confederation, Premier League, La Liga, Bundesliga and Serie A have released a joint statement threatening legal action in...…...Saudi Arabia - good look with that then, given that 9 different Saudi law firms have refused to prosecute on their behalf


https://www.fifa.com/about-fifa/who-we- ... -league-an" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 2:08 pm

Remember the fiasco over the African Champions League final - we have VAR until it is needed to review a goal - which led to protest and demonstrations at the FIFA Congress in Paris - which in turn led to a decision to have the match relayed, which led to an appeal at the Court of Arbitration for Sport - well CAS have made their judgement - CAF need to review the circumstances and then determine whether or not to replay the game - so that was useful wasn't it

https://twitter.com/SKhmira/status/1156544392322342913" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 2:23 pm

Part 3 of the Independent's Sporting Mind series - Changing room culture

https://www.independent.co.uk/sport/the ... 42166.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 2:30 pm

If anyone (not sure there is any more) doesn't believe football has Mental Health issues - then read this

https://www.independent.co.uk/sport/foo ... 42206.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 2:44 pm

We will soon be able to take Peterborough United off the list of clubs who do not own their ground - good for them - Darragh has been listening to has mat @AndyhHolt I feel

https://www.bbc.co.uk/sport/football/49178819" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 4:50 pm

The BBC take that Nigel Clough piece (see post #1805 http://uptheclarets.com/messageboard/vi ... start=1804" onclick="window.open(this.href);return false;) and make a much better fist of it

https://www.bbc.co.uk/sport/football/49177284" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 4:53 pm

looks like we may have a winner in the dispute of ownership of Sheffield Utd - would explain the sudden splash of cash

https://twitter.com/KieranMaguire/statu ... 4394896385" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 5:11 pm

A nice graphic showing the huge change in types of businesses sponsoring in the Premier League in it's first season and the coming one

https://twitter.com/Obs_Sport_Biz/statu ... 3607288832" onclick="window.open(this.href);return false;

Interesting speculation about the next trend in shirt sponsorship - Energy or GAFAM (Google, Apple, Facebook, Amazon, Microsoft - I had to look that one up)

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 7:27 pm

Interesting move from Reading - offering free coach travel to the 15 furthest away games

https://www.readingfc.co.uk/news/2019/j ... -fixtures/" onclick="window.open(this.href);return false;

GodIsADeeJay81
Posts: 14571
Joined: Thu Feb 01, 2018 9:55 am
Been Liked: 3437 times
Has Liked: 6339 times

Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Wed Jul 31, 2019 7:39 pm

Chester Perry wrote:The BBC take that Nigel Clough piece (see post #1805 http://uptheclarets.com/messageboard/vi ... start=1804" onclick="window.open(this.href);return false;) and make a much better fist of it

https://www.bbc.co.uk/sport/football/49177284" onclick="window.open(this.href);return false;
Wouldn't matter how much money trickles down if rules aren't enforced properly to stop clubs running up such massive debts.

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 9:41 pm

Intriguing move from Chelsea - not allowed to buy anyone - (£40m for Mateo Kovacic excepted) and pulling in monies for players like Hazard - why have they gone and raised £164m from a new share issue

https://twitter.com/KieranMaguire/statu ... 4227087360" onclick="window.open(this.href);return false;

I can think of 3 options - they want to hoover up even more talent for the Academy (they are allowed to spend there), they think they can reduce the ban to one window and will splurge in Jan or they want to move ahead with the ground redevelopment process
Last edited by Chester Perry on Wed Jul 31, 2019 10:26 pm, edited 1 time in total.

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 10:11 pm

There were whispers of this at the FIFA Congress in Paris at the beginning of June - FIFA examining the possibility of leaving Switzerland - at that time France were said to be keen to provide a home for them - @TariqPanja strikes again for the New York Times

FIFA Quietly Considering Plan to Leave Switzerland
World soccer’s governing body is weighing a move away from Zurich, its home since 1932, saying Swiss law has made it difficult to hire employees from outside Europe.

By Tariq Panja - July 31, 2019

Senior executives at FIFA, world soccer’s governing body, are giving serious consideration to leaving Switzerland, the organization’s home for nearly 90 years and where in 2015 some of its most senior officials were arrested in connection with a major corruption scandal.

Under Gianni Infantino, a Swiss administrator who was elected as president in 2016 after the fall of FIFA’s longtime leader Sepp Blatter, FIFA has tried to move away from its past. Top leaders have been purged and efforts have been made to reform the organization and its decision-making processes, with varying degrees of success.

But after he was re-elected to a second term as president in June, Infantino tasked his top lieutenants with studying the viability of FIFA’s leaving its glass-and-steel headquarters in Zurich. The discussion, which is still in its early stages, is driven by many factors, but two primary reasons are difficulties in hiring staff members from outside Europe and an acceptance that continuing to base its operations in a country with a reputation for corporate secrecy might not align with the goals of an organization trying to win back the public trust.

While FIFA has not made any public statements on the discussions, or the motivations behind them, two people familiar with the organization’s plans told The New York Times that the organization is studying options for leaving Zurich. The plans could include leaving Zurich entirely or a partial relocation of operations, which could see FIFA open subsidiary offices in different parts of the world to give it better access to, and oversight of, its 211 member associations. Officials also have not ruled out maintaining the status quo, with all global operations handled from its current office.

The discussions with potential host countries and cities could be similar to those held by international corporations like Amazon, and just as in those competitions, a final decision most likely would depend both on practical concerns but also on what concessions FIFA can win.

FIFA was established in Paris in 1904 but moved to Zurich in 1932 because of Switzerland’s location in the center of Europe, its political neutrality and because “it was accessible by train,” according to a timeline on FIFA’s website. In 2007, FIFA moved into its headquarters building on a hill overlooking Zurich, built at a cost of more than $200 million. The building, known as FIFA House, has several subterranean levels, including the marble-floored, soundproof room where its governing council holds its meetings.

Among the possibilities under consideration is a return to Paris, according to one of the people familiar with FIFA’s thinking. But other locations are also under consideration with a number of factors expected to factor in any outcome, including proximity to a major international airport; what tax and visa status FIFA would be granted; and how local employment laws would affect FIFA employees and visitors. In recent years, FIFA officials have complained that Swiss law has made it difficult to recruit from overseas.

For Switzerland, which over decades has grown into the location of choice for international sporting federations, the departure of FIFA would represent a major loss, even with the organization’s recent embarrassing scandals. Switzerland has long boasted of its ability to attract major sports organizations — Lausanne, the home of the International Olympic Committee, actively recruits such organizations and has labeled itself “the Silicon Valley of sports” — and highly paid employees provide a boost to the local economy.

Along with FIFA and the I.O.C., dozens of other regional and international sports bodies, both large and small, call Switzerland home. Their world here has been largely independent: they are lightly taxed, and for years they were exempt from Swiss anticorruption laws. The country even has its own arbitration court, the Court of Arbitration for Sport, which is based in a chateau in Lausanne.

Sports organizations bring more than a billion dollars to Switzerland annually, according to a six-year study published in 2015.

“For a long time, we didn’t have to do anything to attract them,” Sabrina Attias, the city official charged with luring sports bodies to Lausanne, said in an interview with The New York Times in 2016. “Then we realized the opportunities and decided to be proactive.”

Leaving Switzerland also may come as a relief to Infantino, who has found himself under siege in the Swiss news media recently over private meetings he held in 2016 with the country’s attorney general, Michael Lauber. Revelations of the meetings led to the removal of Lauber from oversight of a Swiss investigation into corruption at FIFA that began in 2015 and has yet to result in any trials, much less a conviction.

The failure of the Swiss authorities to act in the corruption case has frustrated elements in FIFA’s current leadership, who have privately expressed incredulity at the inaction given the amount of evidence obtained in raids on FIFA’s headquarters.

Officials said they would not rush to make a decision on a possible move, though they acknowledged they did not feel any need to remain in Switzerland.

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

You would have to say that Cyprus would given them absolutely anything that they would want - it is an accommodating place like that as many from the former USSR can testify

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 10:43 pm

Simon Chadwick offers his own suggestions for FIFA's new home

https://twitter.com/Prof_Chadwick/statu ... 8230654976" onclick="window.open(this.href);return false;

flippant (like my suggestion) but any of these three would love the opportunity and would probably pay for a new headquarters - wouldn't be too free of political interference though I imagine

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jul 31, 2019 11:14 pm

Interesting contrast in the escalation of monies in the Premier League - @sportingIntel compares the teams from 1998/99 to 2017/18 (last available accounts

https://twitter.com/sportingintel/statu ... 2993331201" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Aug 01, 2019 12:50 pm

@AndyhHolt gives more detail to his post from yesterday (see post #1807 http://uptheclarets.com/messageboard/vi ... start=1806" onclick="window.open(this.href);return false;)

https://twitter.com/AndyhHolt/status/11 ... 6929817601" onclick="window.open(this.href);return false;

and then to add more detail gives an overview of his spending at the club since he got there - he is also close to publishing their 2018/19 accounts and gives a summary

https://twitter.com/AndyhHolt/status/11 ... 0635813893" onclick="window.open(this.href);return false;

you will probably have noted that he has loaned the club money for infrastructure development, he expects to get that back from revenues, player sales and "football fortune" quite soon. Then the club can grow it's revenues from within, he loaned the money because no bank would, he tried hard on that front. Budgets are always done on the sensible business plans with no reliance on football fortune. There is a lot to admire about the way he goes about things whatever you think of him as a person

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Aug 01, 2019 12:57 pm

@KieranMaguire follows yesterday's piece on profit and loss in the 92 with this comparison of Revenue and Wage increase in the Premier League and Championship between 2014 and 2018

https://twitter.com/KieranMaguire/statu ... 2269260800" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Aug 01, 2019 1:07 pm

Like most Premier League clubs, ours(and possibly Man Utd excepted) excepted, West Ham ease their cash flow concerns with a loan - this time secured against property and equipment in a rinse and repeat exercise

https://twitter.com/KieranMaguire/statu ... 2256627712" onclick="window.open(this.href);return false;

To my mind this is a slow death spiral, loans against future income are pretty standard instruments these days - I recognise that, but no matter how big you are you have to stand on your own to feet especially when you consider the relative uncertainty for most of the 14

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Aug 01, 2019 1:17 pm

I have mentions this a few times - the risk to players of an over congested match calendar on players health, as Clubs, Associations leagues and confederations seek to get revenue out of them - FIFPro have done some of their own research in support of their membership

https://fifpro.org/news/fifpro-survey-m ... estion/en/" onclick="window.open(this.href);return false;

This is perhaps the most important dimension to consider as the ECA, UEFA and FIFA look to maximise their revenue opportunities with new competitions and revised formats of existing ones

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Aug 01, 2019 1:46 pm

Those of you based in the UK who were looking forward to watching La Liga games this season are going to be disappointed - La Liga have withdrawn their tender due to there being no satisfactory bids


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

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Aug 01, 2019 1:55 pm

I have posted the occasional article about TV rights having reached a peak and we certainly saw that with the new Premier League domestic deal. Many fans and a few football executives hold the belief that the International rights will continue grow. the recent international viewing figures would not seem to show that kind of value (average global audience of 3.5m a match). This extract from an article that is unfortunately behind a paywall should trigger some boardroom caution and actually may explain the slowdown in transfer activity and spend in the Premier League.


https://twitter.com/SportBusiness/statu ... 2650730496" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 12:10 am

Part 4 of the Independent's - Sporting Mind series Life away from the spotlight

https://www.independent.co.uk/sport/the ... 45991.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 12:12 am

We saw at the end of that piece above that gambling was a source of the lost adrenalin flow - here player associations across sport say that gambling is one of the biggest risk issues in mental health for elite athletes

https://www.independent.co.uk/sport/men ... 42226.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 12:26 am

@AndyhHolt rates her and husband highly - they sing from the same hymn sheet re football clubs being at the heart of the community - though they are new to the role they appear to want to run Port Vale much like he does Accrington - they have spent enough time with him to know what it is he does, Here Henry Winter of the Times talks to Carol Shanahan


Carol Shanahan – the ‘female jesus’ bringing a sense of community back to Port Vale - by Henry Winter

Even now, Carol Shanahan shakes her head at the memory of the dreadful state that Port Vale were in under the previous owner, Norman Smurthwaite. “The players were fed left-over pies sometimes,” Shanahan sighs. “The players. Yes, really.”

Under Smurthwaite the League Two club were facing liquidation — “100 per cent,” Shanahan says. The local paper was being banned, fans were protesting, managers coming and going, and the players’ diet ignored. Until Shanahan, and her husband, Kevin, stepped in last May. Owners of a successful computer business adjacent to Vale Park, the couple had been going to games, increasingly sharing fans’ frustration with Smurthwaite. One of the sense-talking owners in English football, Shanahan knows how important Vale are to the community, and people’s lives.

She recalls a recent conversation about the power of football with her youngest daughter, Francesca, who is doing a degree at the University of Manchester in Theological Studies in Philosophy and Ethics. “She said, ‘When I finish can I come and work at the club?’ I said, ‘I thought you didn’t like football much?’ ‘Well, I’m studying faith-based systems and football’s a faith-based system.’ Clubs are religion. Bill Shankly always said that. It’s about caring for the players, giving them the right food, and for the supporters, giving them hope.

“We’ve had two funerals drive past in the last few weeks, one was an old player [Graham Barnett, forward and coach], one a really good fan [Paul Hanks]. The whole club came out and we all applauded, really gave them respect. It’s in their faith. Francesca said to me that night, ‘How privileged are we to work in an organisation that somebody wants to drive past on the way to their funeral?’

“If you worked in Asda for 30 years, you don’t say, ‘can we have one more trip past Asda’. But I want to go past the Vale. I want my ashes to be at Vale, I want my wedding to be at Vale. It makes me even more aware of my responsibility as a custodian. Because we’ve been going since 1876. Look at that history! I’ve heard so many people say, ‘the first time I came to the Vale . . . was with my grandfather,’ ‘the first time . . . we sat over there’, ‘the first time . . . we played Preston’. No matter what else is going in the rest of their life, they’ve got the Vale.”

Shanahan has always loved football, growing up in the West Midlands, her mother was secretary to the doctor who looked after West Bromwich Albion. “As a ten-year-old I used to go on my own, walk down the street and watch West Brom. Jeff Astle! Bobby Hope! When they played away, I’d go and watch the Wolves or the Villa. I just love football.”

Full of energy and ambition, Shanahan was working in computers at 17, and met Kevin when assigned to a British Leyland project. The pair founded Synectics Solutions in 1992, building up a hugely successful company which, amongst other things, designs software to protect companies’ data and prevent fraud. They were based in Newcastle-under-Lyme but needed bigger offices. “The one we found was an old supermarket next to Port Vale. Burslem is really run-down so we started to help, I was doing work in the holidays, feeding kids.” They started with 6,000 meals a holiday, this summer 9,000.

“I said to Kevin if we really, really want to help Burslem we’ll make Port Vale successful because that permeates the community. It’s that whole feelgood factor, it helps our staff’s well-being, helps everybody.” It took three years of on-off negotiating to prise Smurthwaite’s grip off the Vale, paying slightly more than the reported £4 million. “You would never pay for a club like we’ve done,” Shanahan says. “It isn’t worth it.”

Not as a business, but as a community asset? “It was a Sunday morning, and I said to Kevin, ‘There is somebody who’s got our loved one hostage and we’ve got to pay the ransom. When you view it as negotiating with a hostage taker, rather than as a business deal, suddenly the money [issue] disappears. Suddenly, it’s we’ve got to do it. My view was if we are successful in six years’ time, that [sum] is going to be a player’s leg.”

So they paid what Smurthwaite demanded. “Should he have had it? No. But who’s won? When I stand there with all the fans and we’re all together and he’s sat there counting his money, I know which one I’d rather be.” She’s a proper custodian. “He certainly wasn’t.”

Fans love Shanahan, as she discovered when watching Vale defeat Kidsgrove Athletic 2-1 in a friendly last month. “Somebody said to me, do you feel like Jesus?’ ‘No, why would I feel like Jesus?!’ ‘Because everybody keeps coming up and says, ‘Thank you for saving us’!’’ I’m the female Jesus! I feel humbled.

“We had only bought the club two days and a lady called Marilyn [Darcey] came in with a bunch of flowers for me. She was in tears. She said, ‘I’ve been coming to this club since 1957, and I’ve only not had a season ticket the last two years because of what was happening’. And now she was going off to get a season ticket.’’

Shanahan cares. At the 2017 Institute of Directors awards, Shanahan was named “Director of the Year for Leadership in Corporate Social Responsibility”. She’s driven by a sense of responsibility and community. “If you look at Burslem, all of the central services have gone, the children’s centre facilities.” So Shanahan opened up the stadium more on non-match-days, signing over the social club to the Port Vale Foundation as a community centre. “For everything from mothers and toddlers to pensioners’ tea-dances, the whole lot. I love what football can do to help the community. I think a lot of teams have moved away from that. That saddens me hugely.”

After first-hand experience with Smurthwaite, Shanahan worries about some owners. She was speaking on Tuesday, at an EFL event held at Nottingham Forest, where much of the talk concerned the futures of Bolton Wanderers and Bury, just as it has been in recent times over Blackpool, Charlton Athletic and Coventry City. She believes the EFL should separate its organisational and policing roles. “How can an organisation speak on your behalf but also hold you to account? There seems a conflict there. There needs to be a separate way of holding clubs to account - and holding owners to account because Port Vale isn’t the only club which has been held hostage.”

She finds some of the EFL rules too lax, some too restrictive. “I’m looking at things like players’ bonuses, and was mortified to find out I have to register something by Friday and that’s it! I can’t then change it! This is my business! What if I want to motivate somebody in December? In some ways, you are very restricted. In some ways, you are too free.”

She’s found some decisions easier, giving a three-year contract to John Askey, who had arrived in February and kept Vale up. “I was very lucky with the manager. John Askey’s local, his dad [Colin] played for the Vale, he’s very gentle on the outside but steely on the inside. He believes, like I do, that we have a responsibility while our players are with us to develop them on the pitch and off.” Signings have been about potential. “I’ve had fans say to me, ‘but you haven’t signed names.’ ‘No, but I sign people who are going to be names’.’’

Negotiating with agents, some driven solely by greed, has been a painful eye-opener. “There are good agents but we’ve come across some you just wouldn’t give the time of day. It’s horrendous. How on earth that whole scenario has been allowed to grow I have no idea. If the rest of the world acted in the same way we’d be in a lot bigger trouble than we already are.”

Club messages are accompanied with the hashtag “#ANewEra”, staff talk about the club being run properly now, of hope and pride restored. There’s a new gym, created when volunteers came in to clear out a larger room and shift the equipment in, allowing the players to all work out together, rather than in small groups and shifts like before.

Shanahan has also tackled the food problem. “They were fed fish and chips on the way back from away matches! It was horrendous. One of the first things I did was sort the kitchen out, bring one of my chefs from next door and say, ‘Right, work with the fitness coach and come up with a menu.’ So now we have proper food. Last time on the coach, we had pesto pasta chicken and that went down really well.”

Saturday brings more good food, following Saturday’s trip to Colchester United as Vale push to rise from the EFL’s lowest level. “We’re not really a League Two club, we just happen to be there at the moment,” Shanahan says. “People say to me, ‘Your stadium’s too big’ because the capacity is 20,000 and I say, ‘No, the league is too low, the stadium’s fine. Let’s sort out the league.”

The passion is there. Vale supporters showed that when taking on Smurthwaite. “Our fans are wonderful,” Shanahan replies. “They’re the best of the 92. They’ve been through so much. I want to create a community so it’s all of us in a cohesive group. They deserve it.”

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 12:34 am

@AndyhHolt carries on the theme from this morning (see post #1824 http://uptheclarets.com/messageboard/vi ... start=1823" onclick="window.open(this.href);return false;)

https://twitter.com/AndyhHolt/status/11 ... 3450208257" onclick="window.open(this.href);return false;

https://twitter.com/AndyhHolt/status/11 ... 6446175232" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 12:55 am

Following another summer of getting it wrong on occasion (mainly because football sees touring as a transaction rather than relationship building) the NBA show football how to build relationships and establish goodwill and presence in other parts of the world,


https://twitter.com/Prof_Chadwick/statu ... 2446313472" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 1:01 am

We are well aware now of Qatar's desire to place itself at the centre of sport but as Simon Chadwick has said - Sport policy in Qatar not just about owning PSG & buying Neymar. Sport is central to economic & industrial development, also to socio-cultural improvement. Aspetar is one example of measures introduced aimed at creating global competitive advantage, Welcome to the world's most advanced sport's science facility

https://www.bbc.co.uk/sport/49109097" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 12:18 pm

Following his surprise on hearing this news

https://twitter.com/officialcufc/status ... 3099897856" onclick="window.open(this.href);return false;

https://twitter.com/Deadly_sub/status/1 ... 3442940934" onclick="window.open(this.href);return false;

@AndyhHolt whose team may yet face Bury at home next Saturday had this to say about the nature of debt in football, the importance of trust and the need for tighter regulation and swifter punishment

https://twitter.com/AndyhHolt/status/11 ... 8100321280" onclick="window.open(this.href);return false;

though I am sure he is looking at the Tranmere option

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Aug 02, 2019 7:27 pm

Part 5 of the Independent's Sporting Mind series - the mental strain of life after sport

https://www.independent.co.uk/sport/the ... 42516.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19427
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3166 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Aug 03, 2019 10:12 am

It is the Charity Cup final tomorrow and the interviews in the build up have led to a bit of a spat between the managers of Liverpool and City about the ability to spend some brass every year. @KieranMAguire looks at the net spend of the two clubs

https://twitter.com/KieranMaguire/statu ... 9449288704" onclick="window.open(this.href);return false;

Pep's angst over Klopp's remarks - https://www.theguardian.com/football/20 ... rgen-klopp" onclick="window.open(this.href);return false;
Last edited by Chester Perry on Sat Aug 03, 2019 10:38 am, edited 1 time in total.

Post Reply