Football club finances / FFP

[moomba]

People are talking £50m give or take a bit. But all just guesswork really.

That would leave us with over £100m worth of exemptions to be found. The club were briefing figures of £15m for infrastructure/youth spending (presume the same again't or higher this year) and £70 or £80m pre July 2010 contracts (only applies to last years accounts).

So we should be there or thereabouts.

 

[00Stinger]

It's not so much about debt, more profit and loss.

Under FFP you can have as much debt as you like (so leveraged buyouts are perfectly acceptable under FFP). And you can pay off as much debt as you like.

But you can only make a combined loss of €45m in the last two financial years tomcomply with UEFAs FFP.

Having a quick look, £70m of the £80m refers to debt incurred before FFP came into being. So you can ignore that straight away.

So a £13.5m loss last season, same again and you won't have any problems.

And what exactly in the penalty if a club does not meet these conditions?

 

[moomba]

And what exactly in the penalty if a club does not meet these conditions?

Slap on the wrist with a wet lettuce basically.

UEFA has discretion to allow clubs to go over the FFP limits without punishment if they are heading in the right direction.

Then there is warnings, fines, and finally removal from UEFA competitions.

 

[00Stinger]

Slap on the wrist with a wet lettuce basically.

UEFA has discretion to allow clubs to go over the FFP limits without punishment if they are heading in the right direction.

Then there is warnings, fines, and finally removal from UEFA competitions.

Just as I thought, hollow threats

 

[moomba]

http://www.foxsportsasia.com/football/news/detail/item1023900

Not sure if our revenue figures are guesstimates or not, we havent released our figures publicly yet.

Man United slip down earnings table

The gloom surrounding Manchester United's current predicament may deepen after the club dropped out of the top three of Europe's top 3

United are now fourth in the Deloitte Football Money League behind leaders Real Madrid, Barcelona and Bayern Munich based on income from the 2012/13 season.

The money table has been compiled by Deloitte since 1997, and for the first eight years United were the biggest-earning club in the world only to be overtaken by first Real Madrid, then Barcelona and now Bayern, thanks in part to the German side's remarkable treble-winning season.

The table has also recorded an astonishing rise in income by the Qatari-owned French club Paris St Germain, with earnings rocketing by a record 81 per cent to see the team rise from 10th to fifth in the table ahead of Manchester City, Chelsea and Arsenal.

But it will be United's fall that will concern the club's shareholders the most, especially since shares on the New York stock exchange are down just above the 15-dollar mark from an annual high of more than 19 dollars.

Analysts at Deloitte, however, believe United will reclaim third spot from Bayern next year and are in good financial shape - though failure to qualify for the Champions League will affect the finances in the longer term.
Dan Jones, partner in the sports business group at Deloitte, said: "It is the first time Manchester United have dropped out of the top three but Bayern had an exceptional year.

"Next year United will have the Chevrolet deal plus other new commercial deals in their figures, and the new Premier League TV deal so we are confident they will be back in the top three.

"The longer term depends in part what happens on the pitch and if they do not qualify for next season's Champions League that is probably worth 50million euros [£41m] directly in terms of money from TV and attendances at Old Trafford."

Jones also believes United's financial performance remains "very high" and that the club will remain attractive to investors.
Real Madrid top the Money League for the ninth consecutive year, with total revenue of 518.9m euro (£444.7m), followed by Barcelona with 482.6m euro (£413.6m), - the Spanish clubs benefit financially from being able to negotiate their own TV deals.

Bayern are third with earnings of 431.2m euro (£369.6m), then Manchester United with 423.8m euro (£363.2m) and Paris St Germain are not far behind on 398.8m euro (£341.8m).
Manchester City are sixth with 316.2m euro £271m, then Chelsea 303.4m euro (£260m) and Arsenal 284.3m euro (£243.6m).

Liverpool have dropped out of the top 10 for the first time since 1999 - the Reds are in 12th spot with revenue of 240.6m euro (£206m) behind Juventus, AC Milan and Borussia Dortmund, while Tottenham are in 14th place with earnings of 172m euro (£147.4m)
Jones, however, believes the effect of the new Premier League TV deal, which will be reflected in next year's money table, will see Liverpool restored to the top 10 with Everton, Newcastle and even West Ham pushing for places in the top 20 in Europe.

The Money League also illustrates how clubs which are taken over by super-rich owners can swiftly see huge increases in revenue. In 2009, Manchester City and PSG were 20th and 21st in the table but have seen significant growth, notably in terms of commercial income.

Both clubs have benefited from major sponsorship deals related to their owners - and PSG's with the Qatar Tourism Authority which will net the French club £160m annually until 2016 has eclipsed City's £400m-plus Etihad deal which is over 10 years.

All such related sponsorship deals will be studied by UEFA as part of the European governing body's financial fair play rules to ensure they are of 'fair market value'.

 

[SM]

Guess this is sort of relevant for here.. City have apparently just bought Melbourne Heart

Sent from my GT-I9300T using Tapatalk

 

[boncer34]

Guess this is sort of relevant for here.. City have apparently just bought Melbourne Heart

Sent from my GT-I9300T using Tapatalk

Don't think the couple of hundred bucks that cost them will impact the bottom line to much.

 

[SM]

Don't think the couple of hundred bucks that cost them will impact the bottom line to much.

Oh neither, just had no clue of which thread was most appropriate to post that info in.

 

[pantskyle]

Don't think the couple of hundred bucks that cost them will impact the bottom line to much.

Millions you mean boner.

 

[SM]

Millions you mean boner.

You must be feeling pretty conflicted.

 

[pantskyle]

You must be feeling pretty conflicted.

Not really.

I know how good it is for the Heart. It won't mean I support City in anyway I can however accept them as my new overlord.

 

[SM]

Not really.

I know how good it is for the Heart. It won't mean I support City in anyway I can however accept them as my new overlord.

Was a bit tongue in cheek, but what about if/when they loan players to the club?

 

[pantskyle]

Was a bit tongue in cheek, but what about if/when they loan players to the club?

Then they are Heart players.

 

[boncer34]

Millions you mean boner.

Talk about over paying.

 

[pantskyle]

Talk about over paying.

The Heart actually record a profit.

 

[moomba]

 

[jd2010]

If only Levy just stuck to what he knows and that is running a business and let football people make football decisions we'd be a club going somewhere. How we are constantly in the top 15 with a stadium under 40,000 and no Champions League football is beyond me. Not sure if revenue includes player sales but they are pre-Bale sale numbers anyway.

 

[ADL9798]

Haha got to love PSG following City's lead and just taking the piss out of FFP by essentially paying themselves through the Qatar Tourism sponsorship deal. Nearly doubled their revenue base in the space of a year, good luck to them!

 

[jd2010]

Also what is the difference between the two columns named "2012/13 Revenue (£m)" & "2012/13 Revenue (£m)"

 

[SM]

Haha got to love PSG following City's lead and just taking the piss out of FFP by essentially paying themselves through the Qatar Tourism sponsorship deal. Nearly doubled their revenue base in the space of a year, good luck to them!

That's what I always thought clubs would be able to do, FFP makes no sense.

 

[moomba]

If only Levy just stuck to what he knows and that is running a business and let football people make football decisions we'd be a club going somewhere. How we are constantly in the top 15 with a stadium under 40,000 and no Champions League football is beyond me. Not sure if revenue includes player sales but they are pre-Bale sale numbers anyway.

Revenue is only made up of broadcast, commercial and matchday. So player sales not included I think.

 

[moomba]

Also what is the difference between the two columns named "2012/13 Revenue (£m)" & "2012/13 Revenue (£m)"

First one is euros (plus last years figures in euros in brackets).

Second one is pounds.

 

[moomba]

Haha got to love PSG following City's lead and just taking the piss out of FFP by essentially paying themselves through the Qatar Tourism sponsorship deal. Nearly doubled their revenue base in the space of a year, good luck to them!

Following our lead? We're allowed to seek sponsorships from UAE companies, just as Liverpool and Man United are allowed to seek sponsorships from American companies.

If anything I would say some of the Liverpool sponsorships are more open to abuse as FSG could easily inflate the Liverpool sponsorships from Warrior, Dunkin Donuts etc and decrease the sponsorships of the Redsox by the same companies.

It all goes into the same pot, but the Redsox aren't restricted by FFP so who cares if they get a bit less and Liverpool get a bit more.

 

[jd2010]

Revenue is only made up of broadcast, commercial and matchday. So player sales not included I think.

Not sure how we do commercially but our matchday revenue would be well down on all those sides in the top 20.

Also time for an eye test could not pick out the pound and euro difference the first 10 looks I had at that table!

 

[moomba]

General consensus is that our revenue increase has made it more likely we'll pass FFP. But still waiting on the figures to come out.