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re: EPL clubs as a whole turn record profit

Posted on 3/26/15 at 10:40 am to
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/26/15 at 10:40 am to
quote:

I'd be surprised if it's City this year with them not being allowed to spend as much as they usually have and also several loan-to-buy deals occurring which haven't hit the books yet.



Still 2nd highest wages in the league while their match day and other revenue streams are not that much.
Posted by BleedPurpleGold
New Orleans
Member since Apr 2005
18917 posts
Posted on 3/26/15 at 10:42 am to
quote:

meh the NBC contract isn't even that big compared to some of the Asian countries.


That merchandise tho.

Shirts and scarves, club TV channel subscriptions, preseason tours, etc.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/26/15 at 10:43 am to
quote:

That merchandise tho.

Shirts and scarves, club TV channel subscriptions, preseason tours, etc.



Asians still got us beat

hell you had 95k people in Australia for Liverpool playing some A-League team i think.



we are getting their but still have a long way to go
This post was edited on 3/26/15 at 10:45 am
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/26/15 at 10:47 am to


Posted by WarSlamEagle
Manchester United Fan
Member since Sep 2011
24611 posts
Posted on 3/26/15 at 11:03 am to
what the heck, singapore
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/26/15 at 11:07 am to
Posted by crazy4lsu
Member since May 2005
36311 posts
Posted on 3/26/15 at 11:42 am to
quote:

A cartel restricting the free market with the expressed aim of artificially suppressing wages is morally reprehensible, even when the workers in question are footballers rather than factory workers.



The same is true of most American sports as well.

Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84857 posts
Posted on 3/26/15 at 11:47 am to
quote:

The same is true of most American sports as well.


I have gotten into several battles on the MSB over how absurd the draft system in American sports is and how it should be abolished. Salary caps are awful as well.

The only points I can give American sports is that at least all teams are treated the same. Saying club A can spend 50 million but club B, C, and D can only spend 10 is bad for the majority of fans and over time will produce a stale product devoid of potential mobility.
This post was edited on 3/26/15 at 12:49 pm
Posted by crazy4lsu
Member since May 2005
36311 posts
Posted on 3/26/15 at 12:23 pm to
While I agree that FFP basically cements the large clubs, it is the culmination of movements like G-14, which basically involved the biggest clubs in Europe.

Europe's precarious financial position basically forces the hand of FFP, in my estimation, as it is similar to imposed austerity efforts through the Eurozone. While in principle FFP is a bad idea, the reality on the ground for most clubs is much different. Looking at the trials of Parma, Portsmouth, and Leeds, among others, shows you that clubs have only been recently understood as business entities. At the same time, the relatively recent arrivals of clubs like Arsenal and Lyon shows you that pragmatism can move clubs into the upper echelons of the sport. FFP isn't the final answer in my opinion, but it is a step in the right direction.
Posted by 417longhorn
Austin, TX
Member since Oct 2009
510 posts
Posted on 3/26/15 at 12:56 pm to
QPR definitely operates at a loss. Smallest stadium in the league and inflated squad on big wages.

Our owners have tons of money but relegation could leave us in big trouble long term.
Posted by BleedPurpleGold
New Orleans
Member since Apr 2005
18917 posts
Posted on 3/26/15 at 1:00 pm to
Holy shite I didn't realize Asia had that type of marketing pull. At least compared to the US. Those graphs are startling.
Posted by etm512
Mandeville, LA
Member since Aug 2005
20747 posts
Posted on 3/26/15 at 1:33 pm to
quote:

Holy shite I didn't realize Asia had that type of marketing pull. At least compared to the US. Those graphs are startling.



On a recent Top Gear special they were driving through some very remote part of Burma and low and behold right there on the side of the dirt road in front of what I guess was a bar was an ad for Chelsea

Posted by wm72
Brooklyn
Member since Mar 2010
7798 posts
Posted on 3/26/15 at 1:40 pm to
quote:

Holy shite I didn't realize Asia had that type of marketing pull. At least compared to the US. Those graphs are startling.


Yeah, it really is.

I was really surprised when seeing the huge recent Serie A TV deal broken down.

Just like for the EPL, the new deals for Thailand, Singapore, Malaysia, Hong Kong, Indonesia dwarfed every country outside of Europe, even though traditionally strong markets for Serie A like Brazil, Argentina and Australia doubled previous deals.

The size and length of some of these new deals makes one wonder about the future effects of non-cable, satellite TV subscription streaming.

Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/27/15 at 2:36 pm to
LINK

Spurs made 65.3 million in profit

also

LINK

quote:

Premier League clubs have agreed to share at least £1bn of their record UK TV rights deal with lower league sides and grassroots football.
The money will include parachute payments to relegated clubs and a living wage for all full-time staff.
The Premier League sold the live TV rights for £5.136bn to Sky and BT for three years from 2016.
Donations have risen 40% from £700m after TV rights money increased by 70% from £3bn.
The £1bn figure, agreed at a meeting of Premier League clubs on Thursday, is dependent on a regulatory challenge from Ofcom and income from international TV rights sales.
In addition to providing parachute payments to relegated teams, the Premier League's member clubs agreed to invest in five key areas:
Grassroots facilities
Participation
Fan engagement and match day experience
Solidarity with lower leagues
Supporting disadvantaged groups
Premier League chief executive Richard Scudamore said: "These are unprecedented levels of redistribution in world sport, let alone football, which will deliver long-term progress for English football whether you are a fan, lower-league club or involved in the grassroots."
All full-time staff at Premier League clubs will be paid the living wage - based on the amount an individual needs to earn to cover the basic costs of living - by the start of the 2016-17 season.
The living wage is currently set at £9.15 an hour in London and £7.85 an hour in the rest of the UK.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/30/15 at 4:25 am to
LINK

quote:

Newcastle United has announced record profits of £18.7m for the year ending June 2014.

The club revealed on their website that this figure is up by almost 50% from a year earlier when total profits were £9.9m.


quote:

The results signal a fourth consecutive year of record profits, with commercial revenue playing a greater role in the increase.

A statement on the website reads: “Operational losses of £0.6m in 2013 have been turned into an operating profit of £4.7m as the club continues to outperform UEFA Financial Fair Play regulations.

“The club's turnover rose to £129.7m, up from £95.9m the previous year. Matchday revenue, which includes ticket sales and hospitality, dropped slightly to £25.9m, down from £27.8m in 2013, when the club hosted seven additional home games as a result of its participation in the UEFA Europa League.

“Season ticket renewal figures held steady, as did average Premier League attendances, which were 50,395 compared to 50,517 the previous season.

“Most significantly, the club reported strong commercial revenue growth delivering £25.6m in 2014, up from £17.1m in 2013.”

Newcastle United managing director Lee Charnley said: "I am pleased to report a positive set of results which confirms the healthy financial position the club now finds itself in and is a reflection of the prudent and measured manner in which we operate.

"The club benefits from a supportive owner and is financially stable. This gives us a strong platform from which to grow, both on and off the pitch, a result of which means, as we move forward, we are able to net spend on the playing squad and invest in other areas of the business.

"The most pleasing aspect in this set of accounts has been the growth in our commercial revenue and it has been our strongest year yet in that respect.

"With our commitment to keeping ticket prices affordable for our supporters growing our commercial income has been crucial.

"We believe financial stability will deliver positive on-field results for the club."

Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/30/15 at 4:51 am to
been public for a while

LINK

quote:

Manchester City believe they will comply with Uefa’s financial fair play break-even rules this season after announcing they reduced their annual loss to £23m in 2013-14. In the season during which the club won the Premier League and Capital One Cup trophies, City made income of £347m, a £76m increase on 2012-13, by far a record for the club.

The annual accounts show Sheikh Mansour of Abu Dhabi, who bought City in 2008, has invested £1.15bn over six years, more than that invested by Roman Abramovich in Chelsea and therefore the most by any owner in English football history. That includes £160m invested during 2013-14 to build the huge academy complex due to open on Monday across the road from the Etihad Stadium. The project has included a contribution of around £20m towards community facilities including a school and leisure centre next to the academy.

Ferran Soriano, City’s chief executive, said the £23m loss, which includes the £16m reduction in Champions League payments from Uefa because of City breaching FFP rules over the 2012 and 2013 accounting years, reflected “a new level of financial sustainability”. Soriano said City were expecting to make a profit in this financial year and to enter next season with “no outstanding sanctions or restrictions”.


LINK

quote:

The football club predicts that profits and revenues will fall in 2015 after failing to qualify for the Champions League for the first time in 20 years.
The prediction comes as it reports a plunge in profits, despite record revenues for 2014.
Net income fell 84% for the year to 30 June to £23.8m, down from £146m a year ago.
Manchester United said that was due in part to last year's profit being boosted by a one-off tax credit, without which it would have made a loss.
The club, majority-owned by the American Glazer family, said revenue increased 19% to £433.2m in the 2013-14 financial year, thanks to improved TV and sponsorship deals.
However, that is now predicted to fall to between £385m and £395m.
Similarly, underlying profits were £130.1m for the year to 30 June and that is now forecast to fall to between £90m and £95m.


LINK

quote:

Chelsea FC plc today announced a profit of £18.4 million and a record turnover of £319.8 million for the year ended 30 June 2014. This is the second profit in three years and the largest since Roman Abramovich became owner of the club in 2003.

These results ensure UEFA’s break-even criteria under the Financial Fair Play (FFP) regulations continue to be satisfied.

The £18.4 million profit follows the £1.4 million generated two years ago. Strong revenue increases as well as a significant surplus on player sales during the 12-month period contributed.

The turnover figure – up from £255.8m - increased for a fifth consecutive year, demonstrating business growth continues in seasons without trophy success as well as in years when silverware is won. The new FAPL broadcasting deal contributed significantly as did commercial income. In the past year we have signed new partnerships with Rotary, Hackett, Coral, William Lawson’s, Indosat and Guangzhou R&F Football Club.


LINK

quote:

Liverpool Football Club has reported a profit for the first time in seven years, largely as a result of a rise in revenue from the Premier League.
The club reported a pre-tax profit of £0.9m in the year to 31 May 2014, compared with losses of £49.8m a year earlier.
Revenues were 19% higher at £255.6m, the club added.
Highlighting the importance of TV broadcast revenue, Liverpool said media revenues increased 46% to £100.9m.
That compared with a 5% increase in commercial revenue to £103.8m, as the club agreed seven new sponsorship deals.
It said several more had been agreed in the new financial year.
The club also reported a £12.2m rise in net debt to £57.3m.
But it added overall debt had decreased from £237m since 2010 when Fenway Sports Group, the US investment company run by John W Henry, took control of the club.
Liverpool has also now moved back up to ninth place in Deloitte's Football Money League, having dropped to 12th place the previous year.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/30/15 at 5:08 am to
LINK

quote:

Arsenal have posted a £4.7m profit and reported increased turnover in their latest financial figures released on Friday.

The results, which covered the year ended May 31 2014, also revealed the club had cash reserves of £173m.

The profit was down £2m from the corresponding 2013 results with turnover up to £301.9m from £280.4m, driven by improved broadcasting income, new commercial deals and their FA Cup success.

Wages were up by £12m to £166.4m, representing 55.7% of football revenue, with key players such as Theo Walcott, Aaron Ramsey and Jack Wilshere having all signed new, improved contracts.

For the first time in several seasons, Arsenal did not sell any star players last season – and indeed went on to sign the Chile forward Alexis Sánchez after the World Cup as well as the France defender Mathieu Debuchy and the England forward Danny Welbeck from Manchester United on transfer deadline day.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84857 posts
Posted on 3/30/15 at 10:08 am to
quote:

Newcastle United has announced record profits of £18.7m for the year ending June 2014.


These are the moments you live for as a fan. Open bus parade celebration is on Sunday after we lose the derby.

Also costs went up by 28 million pounds, but no new players were bought?
This post was edited on 3/30/15 at 10:21 am
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125410 posts
Posted on 3/31/15 at 2:13 am to
LINK

quote:

St Mary’s Football Group Limited has today published its audited annual results for the year ending June 30th 2014.

A profit on ordinary activities after taxation was recorded at £33.4m. The accounts show the first full-year profit and positive balance sheet net assets for the Group for the first time since administration in 2009.



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