Football's Magic Money Tree

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GodIsADeeJay81
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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Mon Apr 15, 2019 11:44 am

Interesting article about leagues and greater interaction between fans/clubs, trust issues etc.

If a clubs employee is more open on social media it's a guarantee that fans of clubs will target clubs employees on social media with the intent of trolling them, I'm aware of some Burnley fans who do it with Bentley :roll:
It doesn't exactly encourage interaction....

The Germans do seem to have it right with ticket prices though.

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Apr 15, 2019 11:56 am

GodIsADeeJay81 wrote:The Germans do seem to have it right with ticket prices though.
Part of the reason it works in Germany is (I assume) because all clubs price similar especially in the 2nd tier and that is a chicken and egg situation in regards to wages - Championship wages are so heavily distorted by overspend and parachute payments - our natural turnover in Championship minus solidarity payments (there is growing talk the EFL would be better off without it) would be close to £10m at a push (at current pricing - many would expect a decrease) how long do you think we would last if operated in a sustainable manner

Naturally the Bundesliga are happy with the report

https://www.bundesliga.com/en/bundeslig ... eague-3745" onclick="window.open(this.href);return false;

Also forgot to mention that safe standing helps enormously though cannot believe English clubs could match 11 euros each for matches

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 10:32 am

I am surprised it has taken so long but finally there have been calls for the EFL to investigate the financial conduct of Derby, Aston Villa and Sheffield Wednesday after some particularly creative solutions to avoid FFP have materialised.

The complainer in chief is the same Steve Gibson who combines his business interests such that the losses at Middlesbrough counterbalance his profits elsewhere to reduce his tax bill. I get the impression that he is angry that he has been either outthought or had taken a different interpretation of the rules on their actions and ruled them out for himself.


https://www.telegraph.co.uk/football/20 ... te-rivals/" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 10:49 am

Andy Holt the owner/chairman of Accy Stanley has become something of a beacon to fans of teams in Leagues 1 and 2 and also those of clubs in distress such as Bolton. His willingness to challenge the football model and the game's administrators while being transparent about the financials of his own club are seen as a breath of fresh air many hope he is the seed of change -in the mean time the PL, EFL, FA and even the National League continue to request that he shut's up - fat chance.

today he -
- airs his views on the EFL fit and proper test https://twitter.com/AndyhHolt/status/11 ... 5600428032" onclick="window.open(this.href);return false;
- shares the financials on this years home matches - you need to scroll through the links
https://twitter.com/AndyhHolt/status/11 ... 3747823616" onclick="window.open(this.href);return false;
https://twitter.com/AndyhHolt/status/11 ... 6781845504" onclick="window.open(this.href);return false;
https://twitter.com/AndyhHolt/status/11 ... 2363134977" onclick="window.open(this.href);return false;

It is not something you see very often in this game, though one or two at that level are starting to join the transparency approach to ensure supporters full understand where they are at

Edit - should also state that those figures do not include Season Ticket sales
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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 11:53 am

In post #844 our excellent contributor Roy speculated that there must be someone out their wanting to take a punt on us, especially given our continued status in the top flight and willingness to make a profit rather than bet the ranch. But how do you put a value on a club? You may be surprised to know that Crystal Palace are for sale - Offthepitch.com speak to Oakwell Capital about how a valuation of Crystal Palace could be made and even come up with a figure.

https://offthepitch.com/a/crystal-palac ... ion-market" onclick="window.open(this.href);return false;

The key here is that there is no talk of paying back owner loans, which is where Mike Ashley has fallen over in his attempts to sell Newcastle United - he wants to recoup all his money and that is north of £300m which does not stack up with the calculation here.

Also going back to Roy's postulation - I do find it unlikely that anyone would pay £180m - £220m for us
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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 12:43 pm

John Delaney has finally stepped aside from his role with the Irish FA

https://twitter.com/RobHarris/status/11 ... 7621158912" onclick="window.open(this.href);return false;

the subject of which was part of the most classically Irish TV discussion I have ever seen and which many thought was a parody

https://twitter.com/RobHarris/status/11 ... 8927954945" onclick="window.open(this.href);return false;

and yes the guy in the flat cap in the studio is a sitting Irish MP who was on the select committee questioning the Irish FA

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 2:14 pm

Nice little table showing the transfer fees for the 10 most used starters in the Premier league and current position - which effectively gives a performance measure of sorts

https://twitter.com/danielstorey85/stat ... 5284780032" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 2:25 pm

Every time I begin to question the football/soft power notion something like this appears

https://twitter.com/Prof_Chadwick/statu ... 7338352641" onclick="window.open(this.href);return false;

and for those who don't know, Fosun own Wolves - also Villa, Birmingham City and West Brom are owned by Chinese interests

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 3:15 pm

Following post #857 @KieranMaguire has posted a set of related tables (not quite complete as Newcastle still to post their results following a crafty/snide/obfuscating (pick your own adjective) change of year end by one day to give them an extra 3 months in posting rules)

https://twitter.com/KieranMaguire/statu ... 8887846912" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Tricky Trevor » Tue Apr 16, 2019 4:44 pm

claptrappers_union wrote:I don’t think we are that tempting. By Premier League standards, we have a low fan base, no international following, stadium that can’t be significantly expanded, situated in a small town with no real prospects and surrounded by the likes of United, City, Liverpool and Everton.
The fan base rises with success. Chelsea didn’t have the greatest of followings until Abramovich put his megabucks into them.
I wouldn’t say were were surrounded by Liverpool & Everton. Utd & City will take some of the Bury/Rochdale youngsters we could have enticed. We will start getting more from the Accy/Clayton/Gt. Harwood area who 10years ago would have gone to deadwood.
Success breeds success.

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Apr 16, 2019 4:52 pm

That Irish FA story is beginning to get a whole lot worse and it appears the whole board is going to step down

https://www.belfasttelegraph.co.uk/spor ... 21179.html" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 9:24 am

It is our national Stadium, whose costs went wildly over budget, it is famous for having thousands of corporate seats empty when the 2nd half kicks off, the FA even tried to sell it for less than it cost to build, but just how do you turn an annual profit into a loss when you take on a Premier League tenant that is also laying Champions League matches there. the WNSL accounts tell us with the help of @KieranMaguirre

https://twitter.com/KieranMaguire/statu ... 1794486272" onclick="window.open(this.href);return false;

just for the sake of understanding spurs saw a growth in Matchday revenue of over £30m at Wembley from the £41m at White Hart Lane

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 9:30 am

An interesting table outlining social media followers in the Championship - with a clear standout winner -while monetising this kind of following has been notoriously difficult it is clear to see that clubs that have been in the Premier League in the social media era definitely have a proportionately larger following on these platforms than those who haven't (sorry Leeds)

https://offthepitch.com/a/social-media- ... ampionship" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 10:04 am

Following his thread yesterday on Chinese long game strategy (see post #858) Professor Simon Chadwick posted a set of links to articles/discussions he was involved in several years ago - while giving credence to his viewpoint they are also highly informative, if a little complex at times

https://twitter.com/Prof_Chadwick/statu ... 6258440192" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 10:23 am

A post at the time of Jose's dismissal holds bad financial portents for Man Utd after they were picked apart by Barca

https://vysyble.com/blog-18th-december-2018" onclick="window.open(this.href);return false;

A lot lies with the owners who have extracted well over £1bn from the club and made a significant financial profit on their initial investment (courtesy of the share issue) while reducing the actual debt placed on the club by £50m

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 10:34 am

You may not like Andy Holt but you have got to appreciate his passion and ability to fight his corner - he has let loose again today and I find it difficult to argue with his thoughts

https://twitter.com/AndyhHolt/status/11 ... 4998560768" onclick="window.open(this.href);return false; -

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 3:29 pm

Following last nights defeat for Juventus by Ajax there were a lot of people pointing out the fallacy that 4 times winners of the big cup Ajax have to win the thing to avoid the qualifiers in July next season while Milan may qualify by finishing 4th after 5 years of comparative failure. Agnelli's Juventus (2 time winners) took a hammering on the stock exchange after the result

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

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 17, 2019 9:04 pm

I have posted bits about FIFA wanting to change the transfer system, restricting the number of loans from a club, tightening up the rules on agents etc. But when I saw a fleeting mention that they were going to create a "clearing bank " for transfers my first though was "oh they have found a new way to make more money" - From a overseer perspective it kind of makes sense - you in theory get to see who is getting paid what (doesn't stop the slush funds though).

What I have found is that this proposal has been around for some time, along with a few others detailed here

https://www.brabners.com/blogs/sports-l ... er-reforms" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Wed Apr 17, 2019 9:27 pm

Some very interesting proposals there in regards to agents, regulation of agents and capping agents fees.
The dual representation looks like it's going to be stopped finally.

Also the part about agents fees coming from the player instead of the club is good.

Nice to see FIFA finally trying to get a handle on agents and their underhand tactics/dealings.

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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Wed Apr 17, 2019 9:30 pm

Development of the regulation of loans of players for the purpose of youth development as opposed to commercial exploitation. The number of loans per season and between each club shall be limited and bridge transfers and sub-loans shall be prohibited.
This will batter clubs like Chelsea.

Bridge transfers and sub-loans is interesting, I didn't realise they were that common a thing tbh.

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 10:20 am

following Andy Holt's rant yesterday (see post #866) this appeared on the Blackpool message board https://www.fansonline.net/blackpool/mb ... id=3258347" onclick="window.open(this.href);return false; - certainly for older generations this is a lament for what could have been

td53 Posted on 14/04/2019 12:38 re:Andy Holt is going bananas on Twitter today

He's spot on, the EFL or the FA don't care about the game as a whole, it's all about maximising revenue making in international markets for the biggest clubs, not about a healthy competition.

If you look at the investment in football at all levels in a tiny country like Iceland and how it had paid off, it really puts our system to shame. We still have so few community pitches, schools struggling to find facilities and fund teams. The FA might have done a decent job of funding and organising elite level youth football but in comparison the investment in 'grass roots' football has been paltry when you consider the income available.

It's also completely failed in its duty to protect clubs from poor governance and ensure they are community assets. We've obviously lived that, but there are so many stories at the moment of clubs in crisis and as far as I can see, the weak governance is a direct pay off of their desire to see their product as attractive as possible to investors and if that means some clubs going to the wall, so be it. It's kind of akin to a council trying to attract developers so cutting red tape and waving through planning applications.

To be honest, I feel that far removed from the top level of the game I would struggle to name the Man City team. It just bores me to death. There's something essentially tribal about football, it's what's great, crap seaside town vs crap milltown, everyone shouting at each other for local pride and I struggle to see what the attraction of global elite oil money Vs global elite property developers is. I miss the days when City were a scruffy side from Moss Side - those days aren't coming back, but we could do so much more to ensure the game was exciting, competitive and clubs didn't face ridiculous financial barriers between divisions or even within divisions.

I think what makes me saddest, is when you look at the 20 years before the premier league teams like Forest, Derby, Liverpool, Villa, Everton all became genuinely great teams, conquered Europe and did it without spending the sort of money that City did.

Look at the Everton team of the mid 80s, it was a right mix and match of signings from here and there, but it was a brilliant side. Look at Clough's career, yeah he spent a bit of cash but he also got kids through and picked up lads from unfashionable clubs who he knew could do a job. Liverpool never used to spend on the scale of City now, but were invincible for years.

In short, you had hope. You could look at any given season and it would seem like someone might 'do a Leicester' - when I started following football, in the first few seasons, Watford, West ham, Villa, QPR, Norwich all came close to winning the league. Now finishing 7th is amazing. Wow. 7th. How exciting.

Cups mattered. Luton winning the league cup, Coventry and Wimbledon winning the FA cup, they mattered, they were exciting. You didn't get people talking about how vital it was to finish 4th to 'maintain revenue streams' - teams wanted to win the cup. Simple as. To an 8 year old that was great.

I'm probably in the minority but I'd swap the competition of the 80s for the joyless trudge that is the modern game, where most of the league know they've no hope of winning anything.

It also doesn't help trying to explain to a kid that we're in division 3 even though it's called league one. That's outrageous and is everything that's wrong with the modern game in a nutshell. I think it's worse than nuclear weapons, anthrax and dog XXXXXX combined.
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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 10:26 am

You can call it Schadenfreude but after Juventus on Tuesday with all the Andrea Agnelli stuff of the last few months - this about sums up what many across Europe were feeling last night in the 93rd minute

https://twitter.com/tariqpanja/status/1 ... 0594831360" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 10:33 am

On the subject of "fit and proper" - while many would say it has definitely not been happening at Notts Forest, their owner is to be indicted for match rigging in Greece following a Supreme Court ruling

https://www.thenationalherald.com/23996 ... -football/" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 6:15 pm

Apparently Newcastle have posted their financial results though they are not yet available at Companies house - A huge payback to Mike Ashley will no doubt enrage fans (loans have to be paid off at some point), there are plans for a better transfer budget next season.

https://www.nufc.co.uk/news/latest-news ... sfer-spend" onclick="window.open(this.href);return false;
https://offthepitch.com/a/newcastle-rea ... d-fund-big" onclick="window.open(this.href);return false;

Still not sure how Benitez could claim we pay more when they spent £12m more than us on wages

Edit

the club have published the Accounts themselves

https://www.nufc.co.uk/media/43360/newc ... e-2018.pdf" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Thu Apr 18, 2019 6:20 pm

So a transfer budget of £100 million over the next two years plus whatever is generated through player sales?

Ouch, that's going to annoy the Geordies :lol:

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 6:26 pm

I would say that is not a bad net budget for a club that is up for sale and still owes £111m to it's owner and is already carrying amortisation of over £40m, I think football clubs with debt is a dangerous thing (I know others don't, but as I have posted before this is not like any other business)

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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Thu Apr 18, 2019 6:36 pm

I don't think it's bad either, but Geordies are generally quite deluded and don't have a clue about the financial state of their club half the time.

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 6:49 pm

Indeed it was only last week Les Charnley had to try and explain it to them https://offthepitch.com/a/newcastle-exe ... s-football" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Thu Apr 18, 2019 7:07 pm

I can't read the rest of the article without signing up, just the first part about TV money being paid in installments...
I thought that was common knowledge?

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 7:18 pm

It was free 30 min ago- they do a lot behind the paywall - but as with games I do not pay


about the installments - you would like to think people understood - but he was effectively saying up there people believe it comes in one chunk before the season starts - bizarre

Edit found this


https://www.thedaisycutter.co.uk/2019/0 ... s-silence/" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by GodIsADeeJay81 » Thu Apr 18, 2019 7:26 pm

"Other clubs fund big money signings and manage to show ambition in the Premier League without mega-rich owners, so why are Ashley and Newcastle different?

Only those with an intricate knowledge of the club’s finances know exactly where the money is going but you can be pretty sure most of the time it is on a one way trip to Ashley’s pocket and not back into the club"


What absolute garbage, sounds like it's written by either a Geordie or someone who doesn't understand how to run a business, because we've had more than a few on here over the years making similar claims about Burnley's owners/board.

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 18, 2019 7:33 pm

Every club has them and in this case it was a Geordie - I think Shearer is the same - an absolute clown (or plain old rabble rouser) when it comes to Newcastle Utd - people switch off all reason
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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 10:14 am

@KieranMaguire has started doing his thing on Newcastle's financial results
https://twitter.com/KieranMaguire/statu ... 0088471557" onclick="window.open(this.href);return false;
https://twitter.com/KieranMaguire/statu ... 7596367878" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 10:29 am

Andy Holt makes a proposal on the distribution of monies from the Premier League and rules on financial management of clubs - as ever interesting

https://twitter.com/AndyhHolt/status/11 ... 9620851713" onclick="window.open(this.href);return false;

- would certainly cause consternation for clubs relegated from the Premier League and as a result of playing cautious on promotion could almost generate a churn of 4-8 clubs bouncing between leagues. Cannot see the PL accepting it as they would believe it would impact on competitiveness throughout the league (they hated what we and Blackpool did and changed the rules as a consequence#

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 19, 2019 11:39 am

[quote="Chester Perry"]Apparently Newcastle have posted their financial results though they are not yet available at Companies house - A huge payback to Mike Ashley will no doubt enrage fans (loans have to be paid off at some point), there are plans for a better transfer budget next season.

https://www.nufc.co.uk/news/latest-news ... sfer-spend" onclick="window.open(this.href);return false;
https://offthepitch.com/a/newcastle-rea ... d-fund-big" onclick="window.open(this.href);return false;

Still not sure how Benitez could claim we pay more when they spent £12m more than us on wages

Edit

the club have published the Accounts themselves


Ah, so finally Newcastle do us the courtesy of a look at their accounts. Every year I tend to view their accounts with some suspicion and yet again this year they don't disappoint. Perhaps this year it's just the timing of the release when all other PL clubs have already submitted their accounts to Companies House.

Anyway, a couple of observations.........the actual Wage bill for the period is over £10m understated, the real figure being over £103m and not £93m. They are able to report £93m because of the release of over £10m of prior year provisions covering onerous contracts. I'd certainly like to see a bit more detail on these 'onerous' contracts.

Their TV revenue is over £126m for finishing 10th in the league compared to our £119m for finishing 7th. They must have had several more live TV games for that to be the case.

As ever Ashley remains much maligned by the Newcastle faithful and yet I see that the overall loan of £111m remains intact and has been in place for over a decade with ZERO interest involved. Similar situaton to the Venky's and Ashley is on record as saying the loan is only repayable on the sale of the club. No interest attached to the loan unlike our situation of financial turmoil between 2010 and 2014 when £1.45m was withdrawn from the club in director's interest on loans that were a fraction of those of Ashley at Newcastle.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 11:41 am

Vysyble have run the rule over the 2017'/18 Premier League financials (Swansea still to post their results) and detected a few trends which to their mind limits the life of the current PL model

https://twitter.com/vysyble/status/1118988997756358677" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 11:57 am

Interesting little video of the cost of avoiding relegation from the top flight - In Italian but with subtitles

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

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 12:04 pm

Informative piece on how clubs from the outside the big five leagues can contend in UEFA's elite competitions

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

What is apparent is that financial gain from regular progress in Europe is giving these clubs massive advantages domestically - as we see in this country with the Big 6.

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 19, 2019 12:13 pm

Chester Perry wrote:Interesting little video of the cost of avoiding relegation from the top flight - In Italian but with subtitles

https://www.youtube.com/watch?v=gQoSdGyeo-A" onclick="window.open(this.href);return false;
Don't see any subtitles CP........which is a shame.

Notice KPMG are responsible for the video, the same KPMG that were auditors of our accounts until the "little problem" we encountered when attempting to regain ownership of our ground from Lionbridge.
Last edited by Royboyclaret on Fri Apr 19, 2019 2:00 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 12:27 pm

Royboyclaret wrote:Don't see any subtitles CP........which is a shame..
click the icon 5th in on bottom right of screen

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 12:34 pm

Roy, KPMG run this twitter account https://twitter.com/Football_BM" onclick="window.open(this.href);return false; which is linked to that SKY Italia weekly programme - some good stuff


full list of programmes, articles and reports here https://www.footballbenchmark.com/libra ... +benchmark" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 19, 2019 1:12 pm

Chester Perry wrote:click the icon 5th in on bottom right of screen
Ah right. Confirmation then that staff costs, on the whole, have a strong correlation to finishing position. With always the odd exception, like us.

Love the bit about Aston Villa, this "prestigeous club from Birmingham".
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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 1:15 pm

Royboyclaret wrote: Love the bit about Aston Villa, this "prestigeous club from Birmingham".
They have a European Cup it carries huge credibility in Europe - remember Juve only have 2 despite their domestic dominance

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Re: Football's Magic Money Tree

Post by LeadBelly » Fri Apr 19, 2019 1:25 pm

They have a European Cup it carries huge credibility in Europe - remember Juve only have 2 despite their domestic dominance
Yes- Juve have the same number as Forest!
Milan teams have 10 between them though- which I'm sure is more upsetting to Juve.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 1:37 pm

LeadBelly wrote:Yes- Juve have the same number as Forest!
Milan teams have 10 between them though- which I'm sure is more upsetting to Juve.
It is also what makes Andrea Agnelli's desire for a closed shop in the Champions League so abominable - Same as Forest (as you say) Benfica and Porto - I have to say I like the fact that 3 Dutch teams have won it compared to 1 French

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 2:27 pm

In post #855 I posted a perspective for valuing a club, here KPMG a more detailed variant (with the caveats that is only Europe's top 32 clubs they apply it too and this data was as of Jan 2017 - still an worthwhile exercise) - video again with subtitles at the icon near the bottom right corner

https://www.youtube.com/watch?v=Bl2BRSo ... e=youtu.be" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Hipper » Fri Apr 19, 2019 3:18 pm

Chester Perry wrote:In post #844 our excellent contributor Roy speculated that there must be someone out their wanting to take a punt on us, especially given our continued status in the top flight and willingness to make a profit rather than bet the ranch. But how do you put a value on a club? You may be surprised to know that Crystal Palace are for sale - Offthepitch.com speak to Oakwell Capital about how a valuation of Crystal Palace could be made and even come up with a figure.

https://offthepitch.com/a/crystal-palac ... ion-market" onclick="window.open(this.href);return false;

The key here is that there is no talk of paying back owner loans, which is where Mike Ashley has fallen over in his attempts to sell Newcastle United - he wants to recoup all his money and that is north of £300m which does not stack up with the calculation here.

Also going back to Roy's postulation - I do find it unlikely that anyone would pay £180m - £220m for us
From the link:

'the wage bill has risen from £40.4 million in 2014 to £117 million in 2018'. Hmmmm.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 4:20 pm

Hipper - indeed 2014 was wages of £78m so have risen £40m in the period - last season was substantially less than the Championship year before

https://s3.eu-west-2.amazonaws.com/docu ... 6e6b7355e2" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 4:37 pm

@KieranMaguirre provides a timely graphic illustrating the % change in wages for PL teams last season from the year before - some surprises

https://twitter.com/KieranMaguire/statu ... 2448731137" onclick="window.open(this.href);return false;

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 19, 2019 4:50 pm

I see Barca (the people's club) are charging Liverpool 119euros a ticket same as Man Utd (Liverpool followowing the Utd example in reciprocal pricing to subsidise those who will travel away with them. So what kind of seat does that get you

https://twitter.com/yergoldengoal/statu ... 0516591621" onclick="window.open(this.href);return false;

shocking, though you get a free beating from the stewards too apparently

http://www.espn.co.uk/football/tottenha ... tack-video" onclick="window.open(this.href);return false;
https://www.followfollow.com/forum/thre ... rds.72338/" onclick="window.open(this.href);return false;

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