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Football riches spread across Europe

The 26th Deloitte annual review of football finance reports that driven by continued growth in broadcast rights values in European football’s biggest leagues, and the impact of UEFA Euro 2016, total European football market revenues reached almost €25 billion in 2015/16, a 13% increase on 2014/15.

The ‘big five’ European leagues grew collective revenues by €1.4 billion (12%) in 2015/16, 59% of which was due to increased broadcast revenues, and 31% due to increased sponsorship and other commercial revenues.

Premier League clubs lose £876,000 a day

Vysyble has released the 2nd edition of its football finance report entitled ‘We’re So Rich It’s Unbelievable! – The Illusion of Wealth Within Football.’ The report covers the economic performance of the participant clubs in the English Premier League from 2008-9 to 2015-16 (the latest accounting period) ie 34 clubs. Over 260 individual club balance sheets were analysed as part of the research process.

Messi is first £1m a week player

Barcelona are to pay Lionel Messi a basic wage worth more than £1m a week.   Messi's gross salary under a four year contract has been set at an annual €60m (£54.8m).   If the contract runs for its full term Barca are committed to paying him £220m before performance bonuses.

Barcelona had total revenues of €620.2m (£548.6m at current exchange rates) in 2016, the second highest figure in football after Manchester United.  Last season the club budgeted for €695m of income and, according to its own analysis, Messi contributed 20 per cent of that figure.  

Spurs deny takeover talk

Tottenham Hotspur have denied speculation about a takeover of the club.  In a statement on its website the club said, ' The Club engaged Rothschild  to secure the funding for the new stadium. As expected many proposals came forward including bank debt and equity investment. The Club announced on 31 May 2017 the completion of the bank debt financing for the new stadium with a consortium of banks involving Bank of America Merrill Lynch International Limited, Goldman Sachs Bank USA and HSBC Bank plc.

The preferred mobile operator for footballers

Reports of the High Court hearing involving Newcastle United owner Mike Ashley have largely focused on the drinking sessions associated with business meetings.   However, one piece of information that slipped out was about a confidential mobile phone company used by footballers and club owners like Mike Ashley.

Shropshire-based Sports Mobile offer bespoke VIP service.   Players want the new iPhone as soon as it comes out and they make sure that players get it before everyone else.

Rangers lose tax case

The Supreme Court yesterday ruled in favour of HM Revenue and Customs in a long-running dispute over offshore trusts used by Rangers Football Club.   Five judges unanimously dismissed an appeal by the liquidators of RC 2012, the company formerly known as Rangers Football Club before its financial collapse in 2012.

Big boost in Championship television coverage

There will be a big increase in the number of Championship matches shown live on television according to a tender document issued by the English Football League.  

The EFL would allow the number of league games broadcast live to almost treble from 112 to 324 matches a season in 2019-20. Up to 228 of the 552 Championship matches would be live, compared with 92 at present.

Scottish Football League Attendances 2000 to 2017

Overall average attendance numbers at Scottish professional football matches have started to grow in last few years. Season 2011/12 recorded the lowest figures over the period covered, average of 17,235 spectators for all 4 divisions combined, and by season 2016/17 this had grown to 19,600.

 

 

 

 

 

 

 

 

The quiet transfer deadline

The frantic transfer deadline with all its hype and television coverage is at the end of August.  First, however, there is a 'quiet' transfer deadline when managers look at the squads that have reassembled for training at the beginning of July and assess the gaps.

Of course, some clubs like Chelsea and Manchester United like to do their business early.   United are hopeful that they will get most of their targets soon, but Chelsea are only now nearing a breakthrough or two.

Sunderland takeover talks fail

Talks with a German consortium for the takeover of Sunderland have ended in failure.   The club set a time limit on the talks so that preparations could begin for next season and have now brought in Simon Grayson as manager.