Football's Magic Money Tree

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Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jan 17, 2020 6:55 pm

This has taken me by surprise - HMRC have issued a winding up petition against Ipswich Town

https://twitter.com/KieranMaguire/statu ... 3013206016

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jan 17, 2020 9:41 pm

Barney Ronay talks about the convoluted world of Jorge Mendes - how he gets away with some of this is astounding

https://www.theguardian.com/football/bl ... s-football

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Jan 17, 2020 9:50 pm

Not content with ducking out of the League cup completely (so they can play more Champs League matches) and wanting to stop FA cup replay's the big six (care of Daniel Levy this time) want to end the Saturday blackout and still like the idea of the 39th game

https://www.dailymail.co.uk/sport/footb ... broad.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 12:45 am

HMRC have Man Utd in their sights over image rights , from the TIMES

Tax man targets Manchester United in image rights crackdown
Martyn Ziegler - January 18 2020, 12:01am,

anchester United are one of 49 clubs who have been targeted by tax authorities as part of a crackdown over image rights and agent payments.

A footnote in the accounts of Red Football Ltd, the holding company of United which, were posted on Companies House’s accounts last week, warns that the club could be liable to pay more to the HM Revenue and Customs.

The accounts state: “We are in active discussions with UK tax authorities over a number of tax areas in relation to arrangements with players and players’ representatives.”

HMRC will not discuss individual cases but the authorities are conducting a compliance review across British football which involves “enquiries into the tax affairs of 223 players, 49 clubs and 62 agents on a range of issues, including image rights”. Image rights are the commercial rights that a player can exploit via his picture, voice or name, and which clubs pay him to use. A court decision last year ruled that payments made to Hull City in 2008 to an offshore company for Geovanni’s image rights counted as player earnings.

Kieran Maguire, lecturer in football finance at the University of Liverpool, said: “If a club pays a player more than 20 per cent of his overall salary as image rights, that usually leads to HMRC looking more closely.”

HMRC is looking at agents avoiding VAT payments by representing both a club and a player in the transfer. An HMRC spokesman said: “Since 2015, we’ve brought in £371 million from the football industry that would otherwise have gone unpaid.”

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 12:48 am

In the same column @MartynZeigler unveiled this little gem re the league cup - imagine the squirming in some boardrooms if this could be made to stick

Legal argument for League Cup
If it wants to fight for the future of the League Cup, then the EFL should ransack its archives to find the original contract signed with ITV in 1987 for the first live TV deal. That contract included all 92 league clubs signing up to play the League Cup in perpetuity, although no doubt there would be plenty of scope for legal argument over whether that is still binding more than 30 years later.

Rick Parry, the EFL chairman, has admitted to concern about the threat to the cup because of Champions League changes. Uefa and the European Clubs’ Association are close to an agreement on four extra match dates a season, which could have severe repercussions on the EFL’s competition.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 12:55 am

Player power has become a recognised if not wholly welcome element of the modern game, but as boardrooms become ever more sensitive to social media penetration, a growing number of players appear to be more powerful than the clubs they play for

https://www.sportbusiness.com/2020/01/t ... -football/

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 12:58 am

How La Liga has been developing itself around the globe

http://www.sportspromedia.com/analysis/ ... lQ.twitter

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 1:03 am

This tweet about the share price performance of Man United relative to Juve, Dortmund and Ajax has been doing the rounds today

https://twitter.com/Lu_Class_/status/12 ... 7494818816

- given the initial source was Bloomberg I found this non to complimentary piece - not saying they are wrong just don't like clubs being considered as investment vehicles

https://www.bloomberg.com/opinion/artic ... f-football

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 1:11 am

I have posted a number of times that China has huge ambitions for itself in sport and football and has strategies in place for a number of years to establish itself on the regional and world stage - not all plans pull through as detailed though

https://www.dailyherald.com/article/202 ... 301169812/

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 1:16 pm

It appears the tardiness/thoroughness of UEFA's prosecution team will allow Man City to play in next season as the case is yet to be heard (despite being referred at the end of last season

https://www.dailymail.co.uk/sport/footb ... eague.html

Pstotto
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Re: Football's Magic Money Tree

Post by Pstotto » Sat Jan 18, 2020 3:41 pm

Those pulling the strings to destroy football and reduce it to a thumbs up or down pantomime for the in-play real-time betting markets of the orient, will move on to something else once the ruin is ultimate.

VAR is not intended to be fair, it's intended to be corrupt so that one can't guarantee a betting outcome.

Again who?

Who can't play football?

That tells you who.

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Re: Football's Magic Money Tree

Post by Pstotto » Sat Jan 18, 2020 3:52 pm

It's all part of the babel plan.

I think we should resign from FIFA and UEFA perhaps but first, try the VAR centre for corruption.

I think it's a police matter. Burnley have a case three times over in the Chelsea match and should we be relegated we should take the F.A. to court.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 9:37 pm

Seems like some owners are about to remind the EFL that they own it and that the board must represent them and their wishes - good for them

https://twitter.com/AndyhHolt/status/12 ... 1269159936

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Jan 18, 2020 9:57 pm

@Marcotti with a radical plan for redistribution in football

https://www.espn.com/soccer/blog-marcot ... he-players

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jan 19, 2020 4:47 pm

A presention from @LieranMaguire on football player finance - you will have to request a free trial to view the full thing unfortunately

https://hstalks.com/t/4099/football-player-financing/

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jan 19, 2020 4:53 pm

@AndyhHolt follows on from yesterday's piece about the EFL representing it's clubs and not kowtowing to the Premier League

https://twitter.com/AndyhHolt/status/12 ... 2290217984

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jan 19, 2020 9:10 pm

The Price of Football (Blog) looks at creative accounting in Football (the Championship really is the most creative school of accounting in the game)

http://priceoffootball.com/football-tra ... at-i-want/

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Re: Football's Magic Money Tree

Post by Royboyclaret » Sun Jan 19, 2020 10:26 pm

Chester Perry wrote:
Tue Jan 14, 2020 10:20 pm
@KieranMaguire is busy doing his thing with the Everton 2018/19 financial results as well

https://twitter.com/KieranMaguire/statu ... 3171934210
First real opportunity to take a proper look at the Everton figures, and to say there are some startling numbers in there would be an understatement. Three in particular stand out.......the Net Loss of £112million within a Turnover of £188million and the fact that Moshiri has pumped in £150million over the course of the 12 months, albeit immediately converting the loans into equity. Broadcast Income represents some 71% of that Turnover figure which is quite possibly the highest percentage within the PL apart from Burnley.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Jan 19, 2020 11:07 pm

Roy - been wondering where you have been - Bournemouth always have the highest dependency on TV - usually 89% of turnover last financial results and we are not that far behind

https://twitter.com/SwissRamble/status/ ... 2955984898

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 11:45 am

@SwissRamble does his thing with the Everton 2018/19 financial results - a particularly long thread given everything that is going on there

https://twitter.com/SwissRamble/status/ ... 5939196928

That wage to turnover figure :shock:

Amortisation at >50% :shock:

Debt >£300m before stadium financing :shock: (and trying to call owners loan equity - he has also added another £50m to the pot since)
Last edited by Chester Perry on Mon Jan 20, 2020 12:41 pm, edited 2 times in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 11:48 am

Price of Football - Monday Podcast with questions on Sheffield United, Nottingham Forest and a comparison between the money earned in the A League and the EFL

https://podcasts.apple.com/gb/podcast/t ... 1482886394

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 3:53 pm

We recently closed our last remaining credit facility, making us probably the only club in the Premier League/EFL who doesn't have one. In fact most clubs take out loans against future income be it TV or Transfer fees. today we learn that Wolves have taken a £50m loan against future Premier League TV monies in the next 2 years - the time limit is carefully structured to include Parachute payments should things go drastically wrong.

https://twitter.com/KieranMaguire/statu ... 6961511425

In conventional business this could fund a growth strategy, in football it could be spent on a single player who could get a major injury requiring an 18 month lay-off 2 minutes into his debut

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 3:59 pm

Just how slack are UEFA - as @mjshrimper puts it "Four months after he was forced out of the Football Association of Ireland, John Delaney quits his €160k pa UEFA gig. He presumably earned €50k+ while he considered his (untenable) position."

https://www.uefa.com/insideuefa/news/ne ... 38010.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 4:02 pm

Sean Ingle with a good article today in the Guardian on mental fatigue for young players who spend too much time on Social media/gaming - with the millions at stake for clubs these days it just another thing for them to worry about

https://www.theguardian.com/football/bl ... are_btn_tw

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 4:21 pm

The good news story of the season in the Premier League has been the performance of Sheffield United on the pitch, this is a club that has had to severely cut it's cloth as it has fought it's way back up the pyramid, now with another season in the Premier League looking extremely likely (and the possibility of a European place still dangling in front of them) the club is beginning to find that player/agent expectations are ahead of their desire to keep a strong rein on budgets

https://www.dailymail.co.uk/sport/footb ... deals.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 6:33 pm

Are the ECA and UEFA about to reach agreement - no mention here about the European Leagues Association/Domestic Federations whose own competitions may be affected

https://www.sportbusiness.com/news/uefa ... ns-league/

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 6:50 pm

Has David Beckham found a way to make money out of owning a football club - strange one this - we will sponsor your club if we can do a personal deal with you as well

https://www.soccerex.com/insight/articl ... ship-talks

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 6:57 pm

Competition authorities have caused much grief for the armchair fan as they push for multiple distributors of the game - In England we now have 3 live rights holders and a 4th broadcaster for highlights - The German authorities are forcing the Bundesliga to alter their tender for the next iteration of rights to ensure no single provider can clean up

https://www.sportbusiness.com/news/germ ... ga-tender/

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 7:24 pm

article on why UEFA should not be complacent about finances in the club game - essentially a (justified) rebuke to the tone of the benchmarking report published last week

http://www.insideworldfootball.com/2020 ... aw.twitter

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Re: Football's Magic Money Tree

Post by Royboyclaret » Mon Jan 20, 2020 8:17 pm

Chester Perry wrote:
Mon Jan 20, 2020 7:24 pm
article on why UEFA should not be complacent about finances in the club game - essentially a (justified) rebuke to the tone of the benchmarking report published last week

http://www.insideworldfootball.com/2020 ... aw.twitter
Some interesting projections there for this current season for the likes of Everton and Chelsea. Of course it's the first year of the new TV deal and if those figures are accurate (an 8% reduction in domestic rights but a 30% increase in overseas) then it's interesting to look at Burnley's potential Broadcast Income. If we were to finish 15th again we would lose some £4.5m in domestic rights to £55m but gain some £13m to £56m with overseas income. With the commercial element remaining the same our overall Broadcast Income would increase from £107.3m to £116.5m. So, still no sign of the bubble bursting anytime soon and of course this new deal runs until the end of the '21/'22 season.

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 8:18 pm

Southend formally charged by the EFL for failing to pay wages on time

https://www.efl.com/news/2020/january/s ... isconduct/

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 8:40 pm

Salford City show League 2 what their Directors learnt about football while being the class of 92

https://twitter.com/KieranMaguire/statu ... 6371697664

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 8:42 pm

And @AndyhHolt shows what life could be like if streaming becomes the norm in the Premier League

https://twitter.com/AndyhHolt/status/12 ... 9141964800

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Jan 20, 2020 11:55 pm

The pre-eminent voice in global League football (Javier Tebas) has accused FIFA of seeking to disrupt football's eco-system as well as having a dig at football's relationship with those states looking to "whitewash" their image

https://www.independent.co.uk/sport/foo ... 93466.html

- amazing how so many of his own leagues members and his own national federation are at the forefront of what he is complaining about

here is the Associated press and New York Times with their take on his statements

https://apnews.com/aecb89f7bbadd590a8f5 ... SocialFlow

https://twitter.com/tariqpanja/status/1 ... 8036633602

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 12:08 pm

As the big six campaign for the end of FA cup replays and even the end of the League cup (it is not just Pep you know https://twitter.com/KieranMaguire/statu ... 9263354880) so that they can play more lucrative games elsewhere (expanded Uefa club competitions, FIFA Club competitions and pre (even mid) season tournaments) the promoter of the Champions cup is beginging to wonder why he is not making any money - @TariqPanja in the New York Times

Envisioning a Champions League on Tour, a Soccer Investor Demands More for His Money
The International Champions Cup, which brings Europe’s top clubs to North America, has been lucrative for the teams but not the organizer. Now there is a threat to end the event unless teams agree to make the competition more serious.

By Tariq Panja - Jan. 21, 2020 - Updated 2:35 a.m. ET

Stephen M. Ross, the real estate developer and principal owner of the Miami Dolphins, flew to Paris this month to speak with leaders of Europe’s most powerful soccer clubs, teams that have benefited from the billionaire’s largess in bankrolling a summer tournament in the United States and beyond.

For seven years Ross has plowed millions into the International Champions Cup, an annual showcase that has become very lucrative for the superstar-laden clubs that receive a coveted spot in the competition. But for Ross and RSE Ventures — the sports investment company he co-founded that controls the I.C.C. — the price of running the event has grown to more than $100 million, with no signs of a profit.

Addressing management and owners from the likes of Manchester United, Juventus, Paris St.-Germain and Liverpool, Ross and RSE executives said something had to change — organizers could not keep losing money.

According to multiple people familiar with the talks who requested anonymity to discuss a private meeting, the clubs were told that either the event — which teams treat as little more than a preseason tuneup — had to become more meaningful or RSE would be forced to turn off the spigot.

While the I.C.C.’s games have drawn some of the biggest crowds in soccer history — 109,318 squeezed into Michigan Stadium in 2014 to watch Manchester United beat Real Madrid, 3-1 — it has failed to attract the type of investment from broadcasters and commercial partners that is necessary for a profitable future.

Since the event coincides with Europe’s preseason, most clubs use it as an opportunity to build up players’ fitness and test out new, unproven talent. Top performers and big names often play limited minutes — if any — to the annoyance of fans.

Ross’s group wants the teams to commit to a tournament with legitimate stakes, one with the kind of competitive tension seen in other events — something akin to taking the Champions League, Europe’s wildly popular club competition, on tour.

The teams were told that, if they agreed, they could make much more money than they currently do from I.C.C. games, while Ross would finally be able to see his investment pay off.

Ross’s trip included a meeting with European soccer’s governing body, UEFA. The I.C.C. organizers want to secure UEFA’s backing for any new event by having it partner with them or allow them to use its branding to give the tournament the sheen of excellence and importance they crave.

The clubs acknowledged that the tournament needed changes, but no decisions were reached in Paris. Instead, the teams agreed to set up a joint working group with Relevent to study whether another high-profile event was desirable or feasible in global soccer’s increasingly crowded calendar. They are expected to report back in the spring.

The talks came during a critical time for global soccer, as the game’s influencers are competing to shape the future of the sport and carve out their own interests.

A week after the meeting in Paris, some of the same club officials traveled to Zurich for talks with Gianni Infantino, the president of FIFA. Under Infantino, FIFA has created its own international club tournament, a 24-team event to be held every four years, starting in China in 2021.

The fortunes of FIFA’s new event depend on the complete buy-in of its 12 European participants, and their meeting with FIFA concluded with the clubs asking for a seat at the decision-making table and the ability to have some control over the tournament, similar to an agreement they already have with UEFA for European club tournaments.

A FIFA spokesman declined to comment.

Player unions may offer resistance to the I.C.C.’s plan, as they become increasingly wary of stakeholders adding to players’ workloads in pursuit of new revenue streams. Two days after the meeting in Paris, FIFPro, the main global player’s union, announced it had founded a new council that includes Vincent Kompany, the Belgian star who has spoken out about the number of games players are expected to appear in.

Top leagues may also be an obstacle. They have been largely opposed to suggestions for new competitions.

The Champions League itself is expected to add at least four more games starting in the 2024 season, and may even overhaul the competition entirely by implementing a so-called Swiss model. Under that proposal, all participants would play 10 games in a league format, with the top eight teams qualifying directly for the knockout stages, while the 16 teams below would compete in a playoff to join them.

The idea of Champions League on tour, similar to what the I.C.C. would like to become, isn’t a new one. In fact, UEFA was considering a something along those lines when Infantino was its chief administrator, before he was elected FIFA’s president in 2016.

To earn UEFA’s seal, the I.C.C. would most likely have to modify its invitation-only model, according to a person familiar with the talks. Clubs would have to be considered on merit, the person said, rather than factors like marketability and the size of their fan bases.

If such an event came to fruition, it could compete with FIFA’s competition and create another front in the often bitter relationship between soccer’s two most powerful figures, Infantino and UEFA’s president, Aleksander Ceferin.

The two have spent much of the last two years clashing over various issues, including FIFA’s World Cup. Most recently, tempers flared after details leaked from a meeting between Infantino and Florentino Pérez, the Real Madrid president, over Pérez’s desire to create a Super League that would unmoor the biggest teams from the domestic competitions in which they have played for decades.

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 12:13 pm

@AndyhHolt has had plenty to say about the above he sees it all as a move to destroy the pyramid so the few can pursue their desire to earn ever more money - he lays most of the blame at the door of the games authorities particularly the EFL and FA and predicts that as a direct result of the inequity that they have allowed to grow under their watch we will see the Championship break away from the EFL because of their financial might

https://twitter.com/AndyhHolt/status/12 ... 3813639168

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 2:45 pm

The ownership battle for Sheffield Utd appears to be finally over as the McCabe family are refused the right to appeal

https://www.sufc.co.uk/news/2020/januar ... statement/

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 7:43 pm

A clash between 2 eras of football - Brondy fans on the news that Red Bull are looking at a takeover

http://cphpost.dk/news/shock-in-the-sub ... eover.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 7:55 pm

An article looking at the most powerful commercial operations in football - no prizes in recognising that the most successful tend to be at the top of Deloitte's money league

https://www.insidesport.co/barcelona-mo ... ll-report/

- how do these people get away with calling football clubs platforms

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 8:02 pm

It is only a couple of weeks since I posted about advertisers wanting more and better quality data from Amazon with regard to views of it's recent Premier League broadcasts - now the Leagues who sell the content are demanding the same as part of the rights sale - no surprise that it is Javier Tebas that is being vocal about this

https://www.sportbusiness.com/news/teba ... ghts-deal/

I am sure Amazon or any similar organisation would want restrictions on how that data can be used and by whom

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 8:06 pm

Last week I posted about a potential match fixing scandal in Cyprus - at the weekend a number of matches were postponed as a result of series threats relating to the allegations

http://www.insideworldfootball.com/2020 ... CR.twitter

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 8:14 pm

This article about gaming and why it will takeover the entertainment industry is just as relevant to sport (and football) we have known this for some time now - the younger generations are just not getting involved as they used too

https://www.matthewball.vc/all/7reasonsgaming

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Jan 21, 2020 10:05 pm

Has Trevor Hemmings had enough - as Preston climb back into a play-off position reports circulate that the club is up for sale

https://www.deepdaledigest.com/news/rep ... mparisons/

The local rag bends to the clubs wishes (no doubt) and says it not true - basing their argument on the valuation,

https://www.lep.co.uk/sport/football/pr ... 1-10213757

but forgetting to mention the huge amount of debt that would effectively push the cost north of £120m

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jan 22, 2020 12:06 am

O dear Derby, have they been just a little bit too creative - from the Times

‘Unusual accounting’ may have cost Derby further £30 million
Matt Lawton, Chief Sports Correspondent - January 21 2020, 12:01am,

Derby County may have incurred losses of as much as almost double the permitted £39 million for a three-year period after introducing an “unusual” accountancy policy for players.

Last week Derby were charged by the Football League with a breach of its rules that involves the valuation of their Pride Park Stadium. Derby responded on Friday night by declaring the EFL charges “unlawful”, with the matter likely to end in court. But The Times understands the club may have suffered a further £30 million in losses in the three seasons up to June 2018 because of an accounting policy said to be unique to the English game.

Most clubs have a policy which recognises a player is worth nothing at the end of their contract, so his value decreases in proportion to the length of time left on his deal.

It means if a £10 million player signs a four-year contract, the club calculates a loss of £2.5 million a year. But Derby introduced a policy at the start of the three-year period in question that involved applying “residual values” with an amortisation rate, sources say, nearer 10 per cent.

If the EFL calculates Derby’s losses using the standard amortisation rate, it could potentially mean an even greater breach of its profit and sustainability rules.

Kieran Maguire, a lecturer in football finance at Liverpool University, who alerted the EFL to the introduction by Derby of “residual values” in June 2018, described it as an “unusual accountancy practice”, even if it is not illegal.

The Sky Bet Championship club avoided sanctions over its stadium sale by using a company owned by the chairman and owner, Mel Morris, to buy Pride Park for £81.1 million. As The Times revealed last week, however, an independent valuation commissioned by the EFL is said to have come in at about £49 million.

If found guilty, Derby could be hit with a points deduction. Birmingham City, their Championship rivals, were deducted nine points last season after being found to have breached the EFL’s profitability and sustainability rules. The EFL said that the club had incurred losses of nearly £48.8m between 2015 and 2018 — almost £10 million more than the accepted level.

Derby last night declined to comment but they made it clear last Friday that they would ”strongly contest” the charges.

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jan 22, 2020 11:05 am

The number of times @AndyhHolt has to repeat himself of the inherent unfairness of the ifollow model is incredible - it cannot be anymore clear and you can see the boardrooms of the big six thinking that this is the model and approach they want

https://twitter.com/AndyhHolt/status/12 ... 3474520065

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jan 22, 2020 4:34 pm

Article in the Telegraph saying that the transfer window is quite as a direct result of FFP - personally don't think that is a bad thing- the Sky/Jim White crap made it all nonsense anyway

https://www.telegraph.co.uk/football/20 ... er-window/

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Jan 22, 2020 10:23 pm

Looks like UEFA are still wanting to have a piece of Man City

https://www.theguardian.com/football/20 ... are_btn_tw

a reminder of just what City were up to

https://www.theguardian.com/football/20 ... are_btn_tw

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jan 23, 2020 2:30 am

Well this is an interesting one - would the Premier League really dock points from Aston Villa> - apparently they still have to be convinced by the Villa Park valuation for it's sale last year - It would be the first time they had supported an EFL FFP sanction if they do

https://www.dailymail.co.uk/sport/footb ... -sale.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jan 23, 2020 11:31 am

Today's Price of Football Podcast looks at Premier League salaries since it all began

https://podcasts.apple.com/gb/podcast/t ... 6b65fe3e6e

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Jan 23, 2020 11:44 am

This morning @AndyhHolt turns his ire to EPPP - it is a system that isn't actually working for many (including the players)

https://twitter.com/AndyhHolt/status/12 ... 3888555010

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