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Chester Perry

Do we know how the Issa brothers funded buying asda? Or how any other buyouts away from football have been funded. What gives us the right to know all the financial details of this deal? Asda is a hugely leveraged deal, in a consortium fronted by a hugely leveraged company (Euro garages) there has ...

Chester Perry

Did not go into specifics of where the money came from just that it was external debt. When talking about commercial revenue they just highlighted that for smaller clubs it has always been an issue increasing commercial revenue and that there is a limit to how a club of our size can grow. not for t...

Chester Perry

Keith Harris on Burnley’s takeover “ It’s as highly leveraged as you can ever make something...what has come as a surprise is that not only did ALK borrow external debt to fund the acquisition, they also used the club’s own cash.” It appears they talk about the takeover on a Vidcast. Not sure how t...

Chester Perry

There have been suggestions that Brady is an approved target of Lennon's replacement

Chester Perry

A new blog piece from the chaps at Vysyble, who having witnessed a trend for capital expenditure prior to the pandemic are preparing for astronomical Economic losses for last season. for some reason the blog doesn't mention Aston Villa and their massive financial input. I also suspect that, in the s...

Chester Perry

The Premier League clubs are to vote on whether they will allow fans into the last game of the season - from the Guardian Premier League to vote on allowing fans back for final game of the season Restrictions due to end in time for 23 May Move would require approval from 14 of 20 clubs Sean Ingle - ...

Chester Perry

This is a bit of a strange one - though there is little as strange and emotional as Turkish football - Fenerbache are being taken to court by the domestic broadcast BeinSport after a relentless campaign by the Fener president who says the Biensport are influencing VAR decisions against his club, it ...

Chester Perry

Football agents don't enjoy the best reputations in the minds of the media or the public, I cannot imagine many will want to deal with this new entrant in the market place, though you wonder if he will claim a firm grip on Irish talent in the same way he has done with boxing - from the Guardian Comp...

Chester Perry

An interesting thesis - Sustainability and Social Responsibility can make sport a better product. https://sustainabilityreport.com/2021/02/23/sustainability-the-sports-industrys-next-upgrade/ there is this youtube talk and discussion on the subject here https://www.youtube.com/watch?v=MRmyQHSObm8 th...

Chester Perry

It has been a while since I have posted about migrant workers in Qatar and the preparations for the 2022 World Cup. This article suggest that on average since the awarding of that tournament 10 years ago, 12 migrant workers a week have died. Not all have been working on the World Cup infrastructure,...

Chester Perry

That Football Today Podcast on the Serie A rights revealed that when sky made their pitch for their deal of lesser value they were deeply questioning of DAZN ability to pay significantly more than Sky themselves though they could for the deal and as if to reinforce that argument and the financial s...

Chester Perry

Ever since the lenders to AC Milan decided to take the club on themselves to get the returns they were looking for in the club they have made consistently better decisions in the drive to get them back to the top of the Italian, European and World game. This article/interview for SportsProMedia illu...

Chester Perry

Essential viewing for anyone interested in the future of football media rights - The FT Business of Football Summit with it's panel discussion on the subject. Claire Enders socking it to us between the eyes

https://vimeo.com/513351482

Chester Perry

This is a classic example of all that is wrong at Barcelona and the problems of it's election model for those that run the club. Barcelona have over a 1 billion euros of debt, at least of of which is short term debt. In 2 weeks they members will elect a new president, in the meantime they have an of...

Chester Perry

At great summary of the bare faced greed and falsehoods proclaimed by the elite who are seeking to perpetuate their current status for eternity by David Ornstein in this piece in the Athletic - I just wish I could transcribe it for you

https://twitter.com/OliverKay/status/13 ... 0113075202

Chester Perry

Jonathan Liew in the Guardian, looks at the endless churn of football in lookdown and believes that we are becoming so numbed by what we are seeing that we no longer recognising or even caring what is actually happening structurally to the game Big club power grab in danger of going unnoticed in foo...

Chester Perry

I have been posting for some time about the Chinese exit from European football - here John Wall Street outlines the issues for Spotico.com CHINESE INVESTORS FLEE EUROPEAN FOOTBALL AFTER HOME GOVERNMENT POLICY CHANGE BY JOHNWALLSTREET February 22, 2021 5:55am Chinese investors are pulling out of Eur...

Chester Perry

Even though I tend to focus on operational cash flows Last season we sold Tom and Nahki. this season we have sold no-one I am aware of (at least not for a significant sum), that was booked revenue We got the cash for the £13.4m share of the rebate last year - though I expect we will book the shortfa...

Chester Perry

From what I recall, commercial revenues are £16m with matchday revenues £6m, so presumably you’re factoring TV reduction as well? Do we know what the position is with the extra games BT/Sky are screening? I assume they’re not getting them for free? The existing Domestic partners - Sky, BT, Amazon a...

Chester Perry

If we're not safe before then, then we don't deserve to stay up anyway that is why the season has 38 games it is about where you are after 38 not 37 games what about 1987 it took that last game which we were fortunate enough to have at home and the fans made a hell of a difference as has already be...

Chester Perry

Exactly. Even the idea that Sheffield United can have 25% of fans in the stadium for 90 minutes out of 3,420 minutes would somehow be disadvantageous to our season is quite laughable. people said similar when I suggested that the Europa League qualifiers would have a negative effect on our ability ...

Chester Perry

I can't believe they're forcing women's football on our company structure. Anyway, another article on MSD. https://www.theguardian.com/football/2021/feb/22/sign-of-the-times-how-english-clubs-are-turning-to-high-interest-us-loans Nothing much new there but I think there's going to be quite a bit of...

Chester Perry

The Euros and play-offs are the best option to conduct such tests

Chester Perry

The last game is a perfect opportunity to test people before and after the games. Collect the data and to see if football matches are safe to resume with fans when the new season starts. The Premier League nor clubs are in any position to refuse fans if the government gives the go ahead. actually t...

Chester Perry

The PM has announced he expects ALL social contact rules and limits to be removed by June. Paving the way for fans to return to capacity this summer. 8-) 8-) 8-) 8-) reduced capacity on the last game of the season - my own perspective is that given it will cost clubs money to admit so few fans and ...

Chester Perry

Apologies for coming across quite thick. In theory if we were not able to make payments I am assuming this is very similar to when you can’t make payments on a mortgage? The house (club) would then be under control of MSD? There are mechanisms in the charge note that they can extract monies to main...

Chester Perry

Just a note for those who may be interested there is now a new company in the group linked to our club and as previously announced Burnley FC Women is now registered at Companies House - noticeably their are only 3 directors, Hunt, Smith and Pace. this will be viewed as a value add to the Velocity S...

Chester Perry

Hi Chester Interesting read. From what I gather it looks like MSD only really deal with clubs that are managing there finances pretty poorly? Do you know if the clubs assets been used as downpayments for the loan as is suggests Southampton Derby and Sunderland has? Not down payments - securitisatio...

Chester Perry

David Conn in the Guardian with an article on why English clubs are using high interest loans Sign of the times: why English clubs are turning to high-interest US loans Southampton and Derby are among clubs whose stadiums are mortgaged to MSD Capital in search for much-needed funds David Conn - Mon ...

Chester Perry

Meanwhile the latest in a long line of disputes between Canal+ and the LFP is to be heard on March 2nd - from SportsBusiness.com LFP and Canal Plus handed March date for hearing Martin Ross = February 19, 2021 The legal case put forward by pay-television broadcaster Canal Plus against the recent bro...

Chester Perry

More financial woe for the French Ligue - though this was inevitable given the massive rights reduction in the domestic live rights - from SportsBusiness.com Free requests Ligue 1 rights fee reduction Martin Ross February 22, 2021 French telecoms operator Free has written to France’s Professional Fo...

Chester Perry

On the subject of the Financial Times football Summit here is Murad Ahmed with his takeways from the two days Scoreboard: 10 takeaways from the FT Business of Football Summit FEBRUARY 20, 2021 © Financial Times In this bumper edition of Scoreboard, we bring you all the best news and views from this ...

Chester Perry

A really fascinating (and very long) piece on Norwich in the Financial Times - be aware that most of the financial numbers appear to be about the 2018/19 season - not the 2019/20, the clash is confusing), particularly like the section on the finite and infinite game, it shows an understanding of st...

Chester Perry

Anyone see this in the Telegraph over the weekend about the number of Premier League and Big European clubs targeting players nurtured in the Championship - It used to be the source of our talent pool, regeneration, for the most part we can no longer afford to shop there now, and Brexit makes the Eu...

Chester Perry

@MiguelDelaney in the Independent and the questions raised about the obvious advantages Manchester City and PSG have in a time of Financial Crisis, I would also chuck Chelsea into the mix, though that does not quite fit the narrative Man City’s relentless streak and the uncomfortable questions it ra...

Chester Perry

It is here the Deloitte Football Money League 2021 report - subtitled testing times statement https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/deloitte-football-money-league.html The report is downloadable from the link. disappointingly it only lists the top 20 clubs - of which ...

Chester Perry

of course Real Madrid were already in the news this weekend for the story that is linking a 150m Euro sponsorship deal for it's women's team from Saudi Arabia -

Simon Chadwick has a long thread about the background to it

https://twitter.com/Prof_Chadwick/statu ... 7213651971

Chester Perry

Rui Pinto may still be on trial in Portugal but there has just been another release from Football Leaks and it puts questions to Real Madrid https://translate.google.com/translate?sl=es&tl=en&u=https://www.infolibre.es/noticias/economia/2021/02/01/dos_fondos_las_islas_caiman_aportan_los_200_millones...

Chester Perry

There was money in the bank yes. I've already pointed out the TV rebate. Then other operational costs etc. Can't help you anymore than that, because it's clear you're not interested in the figures and facts that go against your agenda, unsurprisingly. Lets's flip it KRBFC - how much revenue do you ...

Chester Perry

The legal drama over the tragic Emiliano Sala case takes a new turn - from GetFranceFootball Nantes authorities open new investigation following secondary complaint by Cardiff over Emiliano Sala L’Équipe report that the Nantes public prosecutors have opened a fresh investigation into the Emiliano Sa...

Chester Perry

Come on! We must be the easiest team to defend against in the top flight. The number of consecutive seasons in the top flight would suggest that is patently untrue, our methods are known, rarely differ yet we are still there knock 10 or more wins every season, often against teams that lose/struggle...

Chester Perry

Acquiring 2 or 3 players and extending contracts of a couple of key ones wouldn’t have had a material effect on the overall value of the club, nor its ability to complete a leveraged sale.....in fact it could possibly have helped by giving more certainty to sustainable cash flows....... I don’t und...

Chester Perry

Murger wrote: ↑
Sat Feb 20, 2021 11:48 pm
He's literally taken the money and run. Shameful.

run to where, I am pretty sure he is still a director at the club, just one with absolutely no power

Chester Perry

Billyblah wrote: ↑
Sat Feb 20, 2021 11:21 pm

Time for major investment.

that will require a new Investor with actual cash

Chester Perry

I don't use Sky to watch the NFL, I use the NFL app and pay them directly. The app is better than sky, more content, lots of older seasons and during the first lockdown when there was no NFL being played they opened it up for free for 6 months. I can see why the big 6 feel like they're undervalued,...

Chester Perry

Does clubs in other sports do direct to fan sales for games on their own websites? For the NFL I can pay £130 for a season and I get a lot of content for that money. They even charged me £1 for the Superbowl which I thought was great value. Minor sports do NFL is slighty different because in the UK...

Chester Perry

Were probably less than 4 weeks away from the Premier League publishing it's strategic review, an exercise forced on them in large part as a result of Project Big Picture, It seems that the big six are still pushing for those overseas rights to be sold bey themselves rather than collectively though,...

Chester Perry

Sean on the BBC

https://www.bbc.co.uk/sport/av/football/56138610

consistent as usual today and protecting of his players while still acknowledging the poor performance

Chester Perry

Goody1975 wrote: ↑
Sat Feb 20, 2021 5:56 pm
So Jay carrying an injury during the game, taken off to protect him.

I thought it had be made clear that Jay has been carrying an injury for weeks

Chester Perry

We know that the owners of Inter Milan (Suning) have faced some financial distress and have been looking for someone to substantially Invest in or even buy the club from them, but this speech from Zhang Jindong the owner of Suning shows how little the company intend to invest in football - Suning a...

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