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 » Sun Feb 09, 2020 1:27 am

Richard Masters has been very clever this week (essentially the first in which he has communicated himself in his now full time role) I have posted regularly about how Javier Tebas has become the go to voice by the world's media on issues in the game as the Scudamore vacuum continued interminably.

Masters has made himself available to different media outlets daily this week, each time with a new morsel of information for them to joyously proclaim as an exclusive. The size and duration of the Nordic deal has taken everyone aback and reasserted the power of the Premier League to all those seeking to usurp it. The signs from a Premier League perspective appear promising, the question is - can he keep this standard up.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 1:33 am

The parodying of sky's apology to West Ham is now in full flow - here Oliver Holt gives it a full 21 gun salute in the Mail

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

said at the time that GSB pushed too hard - though I suspect it was mainly S

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 1:42 am

@TomReedwriting aims 2 barrels at those in the media who write/think the pyramid needs greater fragmentation - surprised it took him so long to be honest

https://www.football365.com/news/champi ... fl-opinion

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 2:15 am

This is a powerful statement from Musa Hassan Bility the Liberian CAF exco member with regard to that PWC report

https://twitter.com/PhilippeAuclair/sta ... 16/photo/1

It is a shame that he too has a tarnished reputation
https://www.aljazeera.com/news/2019/07/ ... 59207.html

however the question of why FIFA have not done anything as a result of this report remains - particularly as they have been sitting on it since November

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 2:22 am

I would appreciate someone transcribing this version of the "Premflix" story from the Athletic - would really like to see Matt Slaters view

https://theathletic.com/1588394/2020/02 ... ed-article

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 2:35 am

A good article in the Irish Times re Brexit's impact on football in the UK and in Ireland

https://www.irishtimes.com/sport/soccer ... 4?mode=amp

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Re: Football's Magic Money Tree

Post by Tricky Trevor » Sun Feb 09, 2020 2:10 pm

Haven’t read the article but don’t understand how VAR can cost league clubs so much as it is in situ already? Unless they charge a massive fee per match.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 3:27 pm

Tricky Trevor wrote:
Sun Feb 09, 2020 2:10 pm
Haven’t read the article but don’t understand how VAR can cost league clubs so much as it is in situ already? Unless they charge a massive fee per match.
Exactly that, suspect either we pay it in full for every home game or the Premier league pays a price for it for the season - which comes out of the revenues

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Re: Football's Magic Money Tree

Post by claretandy » Sun Feb 09, 2020 3:37 pm

Tricky Trevor wrote:
Sun Feb 09, 2020 2:10 pm
Haven’t read the article but don’t understand how VAR can cost league clubs so much as it is in situ already? Unless they charge a massive fee per match.
Don't forgot the extra referee's that have to watch the replays, plus technical staff.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 10:17 pm

Who would have thought it - lawyers/accountants dealing with the fallout of the Rangers Liquidation a few years back - find a way of not repaying the loans from fans as their fees climb above £20m - oh and they are far from finished in their activities

https://www.heraldscotland.com/news/182 ... ose-money/

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 10:19 pm

Watford become the 7th Premier League club to officially post their 2018/19 financial results and the 6th to post an operational loss (though substantially less than last tine) @KieranMaguirre takes a look

https://twitter.com/KieranMaguire/statu ... 7402374145

the report in full

https://www.watfordfc.com/sites/default ... 202019.pdf

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Feb 09, 2020 11:24 pm

The New York Times with the story behind the long search to replace Richard Scudamore - It carries a message that many of us have sensed for some time - The Big Boys want it all

The Long Search to Fill Soccer’s Biggest, Toughest Job
Why did it take the Premier League more than a year to hire a chief executive? The answer might lie in who was given a say, and in a growing gap between the rich and the even richer.

By Rory Smith, Kevin Draper and Tariq Panja - Feb. 9, 2020, 1:28 p.m. ET

LONDON — There should be no more attractive job in the sports business than being chief executive of the Premier League. England’s top division, after all, is not just a soccer phenomenon, but a cultural one, too.

Its chief executive sits at its apex, leading negotiations on the dozens of television contracts that generate billions of dollars in revenue for the league and its clubs every year; arbitrating disputes between teams and owners used to getting their way; and keeping the biggest soccer league in the world ticking. And yet for more than year, and despite an extensive search, that post sat vacant.

Two candidates accepted the job, only to fail to take office. The first, a woman hailed as a groundbreaking choice, withdrew for reasons that were never made clear. The other resigned before he had even started work after news reports accused him of inappropriate workplace conduct. And in a previously unreported episode, a third candidate was offered the job, accepted it, and only then was told the league had changed its mind.

In the end, the Premier League chose the man who was holding the fort, its managing director, Richard Masters. A consensus pick, Masters, 53, represented a safe choice after an embarrassing recruitment process that reflected poorly on a league that has long prided itself on getting its immensely lucrative business done with minimal fuss.

Last week, in his first news media interviews since assuming his new role, Masters projected the air of a modest middle manager, an Everyman happy to coach his children’s soccer teams on the weekend and then return to one of the biggest jobs in global sports on Monday.

“We will develop the league in a slightly different direction,” Masters said of his approach to the job held for more than two decades by his predecessor, Richard Scudamore. But not too different, it seems: Masters quickly added that he was already keeping one of Scudamore’s mantras in mind. “It’s all about the football,” Scudamore liked to remind people. “Never forget the football.”

Still, the turbulent search and long wait that ended at last with Masters’s hiring in December exposed brittle fault lines in the Premier League’s power structure that may prove difficult to repair. The Premier League has always prided itself on its egalitarianism. It credits its collectivist approach — of balancing the interests of smaller clubs with those of the so-called Big Six of Manchester United, Manchester City, Liverpool, Chelsea, Tottenham and Arsenal — as the source of almost three decades of worldwide success.

But in a series of interviews with executives familiar with the league’s search for a new chief executive, a different picture emerged: of a rift in which the priorities of the Big Six clubs and their colleagues no longer align; of a league struggling to contain the ambitions and financial demands of its most powerful members; and of a competition in which, increasingly, some teams are more equal than others.

“There’s challenges that come up every day in terms of protecting the integrity of the league, the value of the league,” Tom Werner, the Liverpool chairman, said. “We’re in a very competitive world.”

Werner expressed confidence in Masters last week, and he emerged from the Premier League’s first board meeting under its new leader on Thursday declaring it “business as usual.” But the road to putting Masters in the job was anything but.

By May 2019, the Premier League had been without a chief executive for six months. It had missed out on two top candidates. The first, the television executive Susanna Dinnage, had accepted the post in the fall of 2018 and then, unexpectedly, reversed her decision without explanation weeks later.

The next candidate was Dave Howe, a top executive at NBC Universal. Howe appeared to fit the bill: He worked for one of the league’s most important broadcast partners in one of its key markets, the United States, and he came from impeccable soccer stock. Not only had he worked for 15 years at the BBC, but his father, Don, was a former England player and respected coach.

Howe impressed the nominating committee — then made up of Bruce Buck, the chairman of Chelsea; Burnley’s chief executive, Mike Garlick; and Leicester City’s chief executive, Susan Whelan — and was told the job was his. Presented with details of the financial package he could expect, terms he was said to have found agreeable, there was just one final hoop to jump through: an informal meeting with representatives from Liverpool and Manchester United.

Howe met with Liverpool’s Werner and Ed Woodward, Manchester United’s executive vice chairman, and another Premier League executive in May. They discussed his vision for the future of the league, and what he saw as its most pressing challenges. Howe told associates that the meeting went well. Liverpool’s feedback to Buck, the head of the nominating committee, was positive.

Soon after, though, the headhunting firm working on the search, Spencer Stuart, was told to inform Howe that the Premier League would be looking elsewhere. No specific explanation for the change of course was offered — Howe, like Dinnage, has made no public comment — and Spencer Stuart was later replaced by another search firm.

To those tracking the search, though, it appeared that Liverpool and United had been offered an unofficial veto on the nominating committee’s choice. That is not how either Liverpool or United saw it: Executives at both insisted they did not believe they had unilateral power to decline a candidate.

But Liverpool and United had met privately with Dinnage, too, and after Howe was cast aside they also were given a chance to assess the next contender: David Pemsel, the chief executive of the Guardian Media Group. By the time of that meeting, in October, United’s Woodward — as well as the chairman of Crystal Palace, Steve Parish — had been formally added to the nominating committee.

Pemsel was offered the job, and accepted, but was forced to relinquish it months later after a British newspaper reported he had acted inappropriately with a female subordinate.

A few weeks later, and now more than a year into its search for a chief executive, the Premier League announced that Masters, who had been doing the job on an interim basis, would have the role permanently.

The special treatment dispensed to Liverpool and United, though, did not go unnoticed by other teams. Though the Big Six clubs are rivals on the field, they often act in concert off it, sometimes meeting privately to discuss strategy related to board proposals or rules changes.

Last week, the split between the big clubs and their rivals was again apparent. A group of Big Six executives held a private discussion before joining the others for the first board meeting under Masters. The meeting yielded an immediate victory: In the first vote under Masters, the Premier League approved a plan to align the closing of the summer transfer window with other top European leagues, an extension sought by the biggest clubs.

It was the type of power play teams have warned about for years. “We all recognize the part the biggest clubs play, but they already get big rewards as well,” the Stoke City chairman, Peter Coates, said in 2018, adding: “Fans and viewers want to see a competitive game. Big clubs must never take their eye off that.”

The formidable challenge of balancing the needs of the elite with the rest of the league now falls to Masters. He must find a way to convince clubs who believe their brands are stronger than the league’s — particularly in the expanding, emerging markets of Asia — that their self-interest is best met by submitting to the growth of the collective.

That approach has worked spectacularly well over the last three decades, turning English soccer’s top league from a forgotten backwater into a market leader, the producer of some of the most valuable live sports content in the world. The Premier League’s current cycle of domestic and overseas broadcast deals is worth $11 billion, revenue that has helped the income of even minor Premier League clubs outstrip some of continental Europe’s oldest and most decorated clubs.

And yet Masters has taken the post, almost by default, at a time when the sports media landscape is changing and as the Premier League — still without peer financially — has failed to display anything like the innovation of some of its rivals.

La Liga, the Spanish top flight, has worked to close the gap by opening offices around the world to try to build its audience. It has struck a deal to show its games in India through Facebook, and in January announced the start of an in-house network that will beam its matches to British viewers. Germany’s Bundesliga not only produces its match broadcasts and sends a constant stream of promotion into the world, but it has also found ways to sell its archive to companies hoping to find analytical insights.

The Premier League continues to lead the way financially. It recently completed a six-year, two-billion-pound (about $2.58 billion) TV rights agreement in four Nordic countries. The figure suggests the appetite for the Premier League is still enormous. Masters said last week that he would continue to expand the league’s operations to serve those audiences. “It has to change a little bit,” he said. “We have to open ourselves up more.”

Persuading every club to go along is the challenge. For several years, the Big Six, in particular, have prioritized growing their own commercial revenues abroad and ensuring a greater portion of television income is distributed according to performance — in effect, to them.

To date, the rest of the league’s clubs have been happy to ride with what has felt like an ever-rising tide. It is, perhaps, Scudamore’s greatest achievement that he managed to convince the sharks that what they really needed were healthy fish around them.

The problem that overshadowed the search process — the one that changed Dinnage’s mind, that cost Howe the job, that Masters now must solve — is what happens when that no longer works.

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Re: Football's Magic Money Tree

Post by tim_noone » Sun Feb 09, 2020 11:37 pm

For what it's worth I'm sure a European League isn't to far away in the future...though doubt I'll see it.

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Feb 10, 2020 1:37 pm

speaking of which - this thread from a lower league club fan kind of neatly packages what appear to be widely held sentiments for how our game should be structured in this country

https://twitter.com/dredbridges/status/ ... 20160?s=21

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Feb 10, 2020 3:08 pm

CIES Football Observatory with a look at Net Transfer spend across Europe in the 2018/19 season

https://football-observatory.com/IMG/si ... /wp283/en/

It is shocking how many of those with the highest deficits are underperforming - even Real Madrid who are top of La Liga are regarded by many to be having a poor season

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Feb 10, 2020 5:22 pm

The cost of being a mascot has raised it's head again - Partly because we have a new Chair of DCMS (thanks to the machinations of Dominic Cummings no less)

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

surprised that the head of FSA "expressed astonishment" - disappointment, anger, frustration all seem more appropriate for a subject that has been discussed at length in the media not all that long ago

at least our 2 tier structure is more affordable - and we regularly here about how well are players treat those youngsters

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Feb 10, 2020 5:44 pm

David Conn on the problems at Oldham and investigations into the funding under previous owners - things are not in a good place at Boundary PArk

https://www.theguardian.com/football/20 ... orth-stand

The noughties pre the financial crisis really were the wild west for property and finance deals - it is depressing just how many of these types of "businessmen" became involved in the game to swell personal ego's and develop local credibility who have now "moved on" and left behind the messes unravelling at local football clubs up and down the country

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Feb 10, 2020 6:07 pm

John Nicholson brings together most of what I have ever posted on the concept of PREMflix - we agree it is not a good place for clubs like ours

https://www.football365.com/news/premfl ... -nicholson

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 12:04 am

There is a new broom at the EFL and it certainly appears that Rick Parry is there to defend their interests as the EFL threaten legal action if Premier League clubs drop out of the League Cup for more lucrative European fixtures - From the Times

EFL could take legal action if top clubs drop out of Carabao Cup to prioritise expanded Champions League
Martyn Ziegler, Chief Sports Reporter - Monday February 10 2020, 5.00pm, The Times

Premier League clubs may face legal action from the English Football League if they try to drop out of the Carabao Cup due to the planned expansion of the Champions League.

Richard Masters, the Premier League’s chief executive, said he feared for the future of the EFL’s flagship cup competition if moves to expand the Champions League by four matches a season go through.

However, it is understood that a legal agreement signed at the beginning of the Premier League in 1992 — the signatories were the Premier League, EFL and FA — guaranteed the top-flight clubs’ participation in the League Cup, and without a time limit put on that agreement.

Any attempt to change that agreement could result in the EFL taking legal action. Lower-league clubs in particular fear that there would be a damaging drop in income if the big clubs are not involved, because they drive the TV rights value.

Uefa and the European Clubs’ Association (ECA) are close to an agreement on expanding the Champions League by four games a season — not as radical as the ECA’s original proposal for ten extra matches but a move that would still put enormous pressure on the fixture calendar.

England is the only leading European country to have two cup tournaments and the Carabao Cup would be vulnerable if the big clubs have to make a choice. There have been suggestions that if the Champions League becomes bigger, then English clubs involved would not play in the EFL Cup or would enter the competition later. Pep Guardiola, the Manchester City manager, has suggested it should be scrapped altogether.

Masters said: “In the end, there isn’t enough space. It’s not an absolute that if somehow the shape of the European competitions changes, the Carabao Cup is terminally damaged.

“There are some clever fixture people out there that may be able to slot the thing together. But I think it would fundamentally alter its trajectory.”

The 1992 agreement also put in place the deal that the FA allocates the League Cup winners a European place. If that place is now allocated to Uefa’s new third-tier competition, the Europa Conference League, that would also lessen the reward for winning it.

The EFL clubs receive about £30 million a season for overseas TV rights and £119 million for domestic rights. That is shared out with a basic award of £2.99 million for Championship clubs a year, £891,000 per League One club and £616,000 for each League Two club.

Andy Holt, the chairman of League Two club Accrington Stanley, said the top clubs damaged the English football’s pyramid structure at their peril. “Some people in the big clubs say scrap the EFL Cup — you could be killing clubs like ours if they do that,” he said.

------------------------------------------------------------------------------------------------------------------------------------------------------------------

this on the day that the BBC posted this interview excerpt - some of which was quoted in the article

https://twitter.com/danroan/status/1226598727814701056

It appeared to show some leeway from the Premier League towards the pyramid - but if you consider that New York Times article over the search for a new chief at the Premier League you will know that they are not a united front and certainly not yet wholly held together by Masters as they were under Scudamore

as @TariqPanja posted having seen that clip
"The sea goes out before the Tsunami comes!"

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Re: Football's Magic Money Tree

Post by Buxtonclaret » Tue Feb 11, 2020 7:57 am

Chester Perry wrote:
Mon Feb 10, 2020 6:07 pm
John Nicholson brings together most of what I have ever posted on the concept of PREMflix - we agree it is not a good place for clubs like ours

https://www.football365.com/news/premfl ... -nicholson

This is a good read.

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 12:04 pm

Buxtonclaret wrote:
Tue Feb 11, 2020 7:57 am
This is a good read.
He usually is - even if I do not always agree with him

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 12:16 pm

@SwissRamble(s) European tour takes him to Milan where he looks at the accounts of the once mighty Rossoneri

https://twitter.com/SwissRamble/status/ ... 6779537411

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 4:57 pm

Whatever you may think of Simon Jordan - he does hit the nail on the head here

https://twitter.com/talkSPORT/status/12 ... 1532619776

- there (finally) does seem to be some momentum on this idea that the Pyramid needs to be preserved and the Premier League/big 6 need to remember where they come from and what helped them get to where they are now - just hoping that Rick Parry can gel it all together

It will also be interesting to see if a populist (and free wheeling capitalist) government will get on the band wagon - their are not known for their desire to regulate

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 8:23 pm

I said on another thread last week that it was looking like the winter break was fertile ground for rehashing old stories - here the Guardian tells the tale of Australian financiers Macquarie and how it finances Premier League football clubs

https://www.theguardian.com/football/20 ... v-earnings

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 8:27 pm

and here's another one in the same paper - this time on the need for top football clubs to pay the minimum/living wage - a subject I have raised a number of times with little to no response from posters on this board - the writer is the Shadow Minister for Sport

https://www.theguardian.com/football/20 ... iving-wage

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 10:50 pm

This is useful for those that don't necessarily understand declared cash positions in the accounts - that of course is the position on that day it could have been substantially higher or lower during the year (normally the latter) - both Barcelona and Real Madrid are notorious for declaring their accounts the day before they make their summer salary payment (the players and coaches get paid twice a year)

Here @KieranMaguire illustrates cash balance movements with the help of Man Utd's publicly declared positions on a quarterly basis - a by-product of their NYSE listing

https://twitter.com/KieranMaguire/statu ... 0039263233

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 10:54 pm

Interesting quip from QC Nick de Marco with regards to FIFA's attempts at restricting agents fees - he is the first choice for anyone in these types of cases - sounds confident - and another who has profited very well from Football's Magic Money Tree

https://twitter.com/nickdemarco_/status ... 7553847297

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:00 pm

KPMG have put a firm figure on that Nordic deal Euro 2.3bn - of course they could just have been careless (wouldn't be the first time) and converted from £2bn when all last weeks reports were more careful and said thought to be in excess of £2bn

https://twitter.com/Football_BM/status/ ... 3523805184

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:04 pm

and Nent who signed that deal with the Premier League last week have signed a 4 year deal with the Bundesliga this week - no indication of the value yet but it will be closely scrutinised as a marker of whether there are signs of a power shift in the international rights markets

https://www.soccerex.com/insight/articl ... rough-2025
Last edited by Chester Perry on Tue Feb 11, 2020 11:16 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:15 pm

further down the TV revenue market - they may have one of the best national teams in the world, but Belgium's top league does not earn that much form it's domestic and overseas media rights and worse still the trams cannot agree a distribution model - though it will be considerably less than Championship teams get in this country when Solidarity payments are included

https://www.sportbusiness.com/news/pro- ... tribution/
Last edited by Chester Perry on Wed Feb 12, 2020 6:35 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:26 pm

Forbes.com with a very real warning that OTT subscription services are reaching Saturation point - just as the Premier League have publicly confirmed that they are considering the possibility for themselves - I have long thought this will be a problem and it is likely that an aggregator will be the solution for sports rights - which is why a number of them are using so many investor billions (and currently losing money hand over fist (including Netflix and DAZN)

https://www.forbes.com/sites/chriswilli ... aturation/

sometimes it pays to wait for a market to mature and side with the winner rather than scramble for a rescue

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:34 pm

The sports sponsorship market as it can only be played by the biggest catches - Bayern seal a sponsorship deal with Varta who trade and have strong business relationships with other Bayern sponsors - It is a great way to demonstrate brand unity and strength you know

https://www.sportbusiness.com/news/bund ... ker-varta/

as the article writer tweeted - Something people don't consider enough as an objective - sponsoring a club to get close to other sponsors (in this case Varta potentially getting closer to Apple with Bayern).

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:37 pm

This looks like it could be interesting - shame I cannot read it - a journalist with ideas for transforming the transfer window

https://twitter.com/AdamCrafton_/status ... 8951789568

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Feb 11, 2020 11:48 pm

Following the failure for Socios to launch it's West Ham operation on time (Feb 6th was the declared date) the nonsense operation has lauched it's 2ng ever vote this time for an inscription to be embroidered onto the captains armband - people are actually paying to take part in this guff

@ugly game is clearly (like me) not a fan - https://twitter.com/uglygame/status/1227298058993573895

this is what he had to say about that Wat Ham fail - https://twitter.com/uglygame/status/1227161646596050944

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 1:27 am

One of the fallouts of Brexit is the discussion of quotas for home grown players with the FA keen on promoting English talent to help the national team - of course many Premier League teams have the minimum numbers of British players in their squads - so where will this additional talent come from should the numbers required change - Chelsea have done it from their Academy this season (though the focus has been on talent rather than nationality. In the short term at least the most obvious place would be the EFL especially the Championship - and apparently they are worried

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

of course they could just up the price in the supply v demand marketplace you know like they have been doing for years

alternatively the FA could pursue a minutes played rather than squad numbers quota

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 10:10 am

Rochdale have published their accounts for the 2018/19 season @KieranMaguire takes a look

https://twitter.com/KieranMaguire/statu ... 0997505025

This season should see an upturn what with a great cup run and the sale of their brightest first team prospect (who is actually still a schoolboy)
It is also interesting to note that those wage figures (across the league) are probably dwarfed by the spending of Premier League Academies

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 10:42 am

The Sound of Football Podcast with a deep thought provoking discussion on the state of the games sparked by that Louise Taylor article in the Guardian

https://www.sofpodcast.com/2020/02/soun ... emier.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 2:16 pm

@MiguelDelaney with a special report in the Independent - How football became broken beyond repair

https://www.independent.co.uk/sport/foo ... 30431.html

Part 2 tomorrow - which is good because this is just the broad strokes

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 3:17 pm

missed this at the weekend - Vysyble look at the finances of those involved in the relegation scrap - the title of the piece says it all - Hammered

https://vysyble.com/blog

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 3:49 pm

FIFA release their Big 5 (leagues) transfer analysis - they are supposed to be the protectors of the game but seem more interested in the 0.01%

press release - https://www.fifa.com/about-fifa/who-we- ... obal-spend

the report - https://resources.fifa.com/image/upload ... d5sics0ykp

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 3:54 pm

And just to confirm that - look how much they have committed to this welcome but grossly inadequately funded initiative

https://www.fifa.com/about-fifa/who-we- ... protection

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 6:02 pm

after yet more spending in the January transfer window - the equity pile at Aston Villa continues to grow - do they think that they will ever get their money back? - another £17m added which means almost £190m in the last couple of years I think

https://twitter.com/KieranMaguire/statu ... 2462657543

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 6:19 pm

With all the recent hype of PREMflix - which even Richard Masters in his interviews didn't really push - the Premier League are soothing the nrves of their TV partners - today at the Westminster Media Forum

https://www.sportbusiness.com/news/bush ... -consumer/

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 7:00 pm

Last night I posted about the row in Belgium over their new rights deal (I have corrected the link) today the row goes on even though a winner has been declared two clubs are saying that they will not seel rights collectively and will sell the rights to their homes games themselves - it would be a horrendous precedent

https://www.sportbusiness.com/news/pro- ... agreement/

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 7:31 pm

Man City are seeking damages from UEFA for "Unlawful" recommendation of punishment over the charges that are still to be tried

Manchester City demanded damages from ‘unlawful’ Uefa after Champions League ban recommendation, court documents reveal
Martyn Ziegler, Chief Sports Reporter - Wednesday February 12 2020, 5.00pm, The Times

Manchester City were involved in a furious dispute with Uefa’s chief financial investigator and demanded damages from the European body after his recommendation for a one-season Champions League ban for the club was leaked, court documents have revealed.

The club accused the investigatory committee of Uefa’s Club Financial Control Board (CFCB) of “unlawful activities” following the leak in May 2019 and tried unsuccessfully to have the investigation thrown out by going to the Court of Arbitration for Sport (CAS).

City claimed that their “Swiss law personality rights have been violated by the leaks and that respondent [Uefa] is responsible for such violation” and called for Uefa to be ordered to undertake a “full investigation into the sources of the leaks in order to identify and take disciplinary measures against the identified sources” and pay “damages to be assessed for losses incurred as a result of the respondent’s conduct”.

The CAS dismissed City’s claim in November and the full findings of that decision show the chief investigator, Yves Leterme, responded to a complaint by City saying: “I must vehemently reject your allegations of unlawful activities, either by myself or by any of the members of the Uefa Club Financial Control Body, in particular of its Investigatory Chamber (IC).

“Your allegations are groundless in the merits and unacceptable in tone. Please be advised that I will not continue such an exchange of correspondence and that I will not respond further to groundless accusations directed against me personally and/or against my fellow members of the IC.

“I can assure you that at no time, myself or any of my fellow members of the IC have violated any rights of your club. The proceedings before the IC were conducted in good faith and in an independent, objective and fair manner, as you know well.”

City were investigated by Uefa after data obtained via the Football Leaks cache was published across several European newspapers and websites that appeared to show the club had inflated sponsorship agreements from companies linked to their Abu Dhabi owners, and possibly circumvented Uefa’s Financial Fair Play (FFP) regulations.

The investigator’s recommendation for a ban was published in the New York Times in May, several days before it was announced by Uefa that the case would go to the CFCB’s adjudicatory chamber for a decision – the outcome of that hearing is not yet resolved.

City launched a legal bid to halt the investigation based on the fact the recommended ban was leaked, claiming: “the investigation was not conducted in accordance with procedural fairness and due process and was contrary to legitimate expectations”.

Their case also claimed that Uefa was not entitled to allege any FFP breaches before the 2016-17 reporting period, as that was covered by the club’s 2014 settlement agreement with the European body for a previous FFP breach.

The CAS findings describe the alleged leaking of information about the proceedings against Manchester City as “worrisome” and added: “It puzzles the panel how the CFCB Chief Investigator could be so confident to ‘vehemently reject [MCFC’s] allegations of unlawful activities’ but dismissed the club’s claim that Uefa’s finance bodies could no longer deal with the case impartially”.

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 7:44 pm

Posted about the revived relationship between UEFA and CONMEBOL a few days ago - looks like they are about to organise a new competition between themselves - should rub a lot of people up the wrong way around the world and never mind the players being involved in yet more games

https://twitter.com/tariqpanja/status/1 ... 9325289472

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Feb 12, 2020 8:06 pm

@TariqPanja - who wrote the article that Man City are basing their damages case on - offers his take on the situation

https://twitter.com/tariqpanja/status/1 ... 7363671047

https://twitter.com/tariqpanja/status/1 ... 6732324865

@sporting_intel adds some extra about this developing UEFA v City, City V UEFA craziness

https://twitter.com/sportingintel/statu ... 8053178368

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Feb 13, 2020 12:34 pm

The guardian picks up on just how fiercely Man City are defending themselves/attacking UEFA of the charges they are facing - all revealed in those court documents linked by @SportingIntel in the post above

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

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Feb 13, 2020 12:51 pm

Today's Price of Football Podcast is quite good - A look at the numbers behind the recent FA Cup replay between Liverpool and Shrewsbury, what happened in the January transfer window, Wimbledon's attempt to move back to Plough Lane, and signs of life at Bury. For information regarding your data privacy, visit acast.com/privacy

https://podcasts.apple.com/gb/podcast/t ... 0465443460

I think they are improving overall and there is always something new to consider so well done them

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Feb 13, 2020 1:01 pm

@TariqPanja with a quick explainer as to why Man City have gone on the attack at UEFA (it is a proven route to getting what you want)

https://twitter.com/tariqpanja/status/1 ... 1713675264

all this is way up the thread including the transcript of the linked article - but as we know I can no longer give you a direct link (it is on Page 35)

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