Football's Magic Money Tree

Chester Perry · Post by **Chester Perry** » Thu Apr 02, 2020 4:25 pm

More woe for the French Ligue - BienSport joins Canal+ in suspending payments

https://www.sportbusiness.com/news/lfp- ... -payments/

The list of rights holders that are now suspending payments around the world now includes
Dazn
Canal Plus
Eurosport
NENT
BienSport

Chester Perry · Post by **Chester Perry** » Thu Apr 02, 2020 4:31 pm

Quite a lot crammed into today's Price of Football podcast - key topic is that Spurs furlough and also an extended piece with a National League player

https://podcasts.google.com/?feed=aHR0c ... IBhAG&ep=6

Chester Perry · Post by **Chester Perry** » Thu Apr 02, 2020 4:35 pm

A Football Today podcast looking at - Tony Bloom: The Betting Guru Running Brighton - should be informative as it features the Athlectic's Brighton specialist Andy Naylor who has been reporting on the club for around 3 decades I believe

https://www.footballtodaypodcast.com/po ... g-brighton

Chester Perry · Post by **Chester Perry** » Thu Apr 02, 2020 9:42 pm

The West Ham sponsor curse strikes again - Sleeve sponsor Basset & Gold - an Investment specialist has gone bust - it is not their first sponsor to go belly up

https://www.football.london/west-ham-un ... n=sharebar

Chester Perry · Post by **Chester Perry** » Fri Apr 03, 2020 2:09 pm

A really interesting webinar from two of the academics I quote from on this thread from time to time @DrRob_Wilson and @Parnell_Daniel talk Premier League, Coronavirus and Player Salaries (though it goes into much more)

https://twitter.com/InSport_Edu/status/ ... 1968356352

you have to register but it is free - sound quality a bit iffy but worth the almost 40 minutes to get to some great discussion areas - the last 15 minutes is deeply thought provoking

Chester Perry · Post by **Chester Perry** » Fri Apr 03, 2020 2:24 pm

Southend finally reach agreement with the local borough council over new stadium and what happens to roots hall, their current home

https://www.southendunited.co.uk/news/2 ... mes-built/

that is what you call high density housing

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 10:54 am

John Nicholson with an unknown Premier League player who is a bit different from the norm (and who contributed to his book)

https://www.football365.com/news/featur ... tt-hancock

cue the press trying desperately to find out who this player is rather than let his work carry on to the benefit of many

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 11:11 am

More madness in the Championship- Reading (home of one of our great matches of recent times) publish their 2018/19 financial results

full accounts https://beta.companieshouse.gov.uk/comp ... ng-history

@KieranMaguire has a look - https://twitter.com/KieranMaguire/statu ... 2765449216

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 11:23 am

meanwhile Derby have utilised the same recent government announcement as Newcastle to avoid declaring their results for another 3 months

https://twitter.com/KieranMaguire/statu ... 3415252993

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 11:25 am

The thin end of the wedge has been inserted - 3pm Saturday blackout removed for the rest of the season

https://www.bbc.co.uk/sport/football/52161561

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 4:57 pm

Liverpool become the 5th Premier League club to confirm that some staff have been furloughed - top up wages to ensure they get full pay

https://www.liverpoolfc.com/news/announ ... -19-update

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 5:15 pm

Well this didn't take long - twitter on that Liverpool announcements - to be fair he is a scouser and a journalist

https://twitter.com/BrianReade/status/1 ... 0753340416

remember what they did to Andre Gray when we beat them 2 - 0

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 6:12 pm

John Mehrzad QC with a new legal thread covering the discussions between the Premier League and players today

https://twitter.com/JohnMehrzadQC/statu ... 1364128769

The interesting point comes in the discussion at the end - if Furloughing constitutes State aid - some clubs likely to be fined after all this by UEFA/FIFA

Claret-On-A-T-Rex · Post by **Claret-On-A-T-Rex** » Sat Apr 04, 2020 6:17 pm

Chester Perry wrote: ↑
Sat Apr 04, 2020 6:12 pm
John Mehrzad QC with a new legal thread covering the discussions between the Premier League and players today

https://twitter.com/JohnMehrzadQC/statu ... 1364128769

The interesting point comes in the discussion at the end - if Furloughing constitutes State aid - some clubs likely to be fined after all this by UEFA/FIFA

It's times like these you realise just how justifiably valuable and important millionaire footballers are to us all.
Where would we be without them!!??

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 6:20 pm

Claret-On-A-T-Rex wrote: ↑
Sat Apr 04, 2020 6:17 pm
It's times like these you realise just how justifiably valuable and important millionaire footballers are to us all.
Where would we be without them!!??

absolutely - have a read of that John Nicholson article linked above - might restore a little hope in humanity

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 6:28 pm

This is a long discussion from LawInSport on the impact of Covid-19 on players contracts if any of you are interested nearly an hour and 40 minutes long - not watched yet

https://www.youtube.com/watch?v=qjWiB6_eP-g

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 6:32 pm

Here is a legal advisory piece on the issues around extending the season which includes input from John Mehrzad QC

http://www.littletonchambers.com/john-m ... ason-1546/

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 6:38 pm

The new issue of FC Business is now online

https://cloud.3dissue.com/6374/7271/131 ... .html?r=46

heavily geared to the issues and impacts around the current pandemic and mindful of the bigger issue for society - should be some good content

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 7:27 pm

@Vysyble with a simple note on the news of the latest Premier League furlough

https://twitter.com/vysyble/status/1246442635298029578

EDIT @KieranMaguire plays the same game and gets it sadly wrong with our numbers (Should follow @SwissRambles example and use colour coding for season)

https://twitter.com/KieranMaguire/statu ... 3875241985

Chester Perry · Post by **Chester Perry** » Sat Apr 04, 2020 10:46 pm

The players have turned the tables on the Premier League - this is going to get very interesting

https://twitter.com/vysyble/status/1246442635298029578

Chester Perry · Post by **Chester Perry** » Sun Apr 05, 2020 12:18 pm

This view form from a sports marketing/PR exec neatly sums up the mess the game has got itself into in this country

https://twitter.com/Joeler_SH/status/12 ... 2568091648

Chester Perry · Post by **Chester Perry** » Sun Apr 05, 2020 1:34 pm

Has UEFA President Aleksander Ceferin set a deadline for when the current season has to end, whether complete or not

https://www.express.co.uk/sport/footbal ... e-deadline

with a reasonable possibility of future lockdowns after this one, should a new season be devoid of all cup competitions to allow leagues and therefore clubs to survive if a new pause is required?

Chester Perry · Post by **Chester Perry** » Sun Apr 05, 2020 5:55 pm

Article in the FT asking if the Sports Industry can survive the pandemic - with real questions about the subscription models used by the Premier League's rights holders

https://www.ft.com/content/fd7e58ec-743 ... d274e920ca

Chester Perry · Post by **Chester Perry** » Sun Apr 05, 2020 11:28 pm

West Ham are to launch are rights issue in a bid to help them through the current financial challenges - potentially the first of many across the leagues

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

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 9:36 am

John Nicholson follows Saturday's article (which has suddenly gained traction on here) with this "The Premier League has stench of decadence’s decay…"

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

as ever no punches pulled

It does not seem that long ago that he wrote that four part "manifesto" though, it may have been early last summer, which was almost excerpts from his then soon to be published book. The current situation seems to have given him new fire.

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 9:51 am

Economic Profitability is not everyone's favourite measure of fiscal performance, but this tweet from vysyble underlines the mess football was in before the pandemic - only 8 clubs that haven been in the top 2 tiers of English football in the last 5 full seasons have achieved Economic Profitability over that period

https://twitter.com/vysyble/status/1246900013122404353

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 10:05 am

@SwissRamble look at Huddersfield's 2018/19 financial results

https://twitter.com/SwissRamble/status/ ... 6901495809

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 2:08 pm

@SportingIntel extends his thread from the other day about Premier League income expectations to include a couple of posts on Premier League salies

https://twitter.com/sportingintel/statu ... 7057855488

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 2:58 pm

FA look set to put staff on Furlough as top earners take 30% pay cut

https://www.independent.co.uk/sport/foo ... 49876.html

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 3:01 pm

DAZN becomes the first Premier League rights holder to defer/pause payments as a result of the suspension of games

https://www.independent.co.uk/sport/foo ... 49676.html

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 10:48 pm

The issue of contracts ending in June before the season is likely to end has been settled "in principle according to reports

https://www.bbc.co.uk/sport/football/52188913

must say I am far from convinced of it being so in actuality

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 11:07 pm

New indictments in the US relating to bribes of FIFA ExCo members re Russia and Qatar world Cup votes - two disgraced former members charged again

https://twitter.com/danroan/status/1247280706352492547

As @SportingIntel notes the contents of these charges are gobsmacking in their directness - the current FIFA administration, though much changed (in personnel) is still intrinsically linked to Russia 2018 and Qatar 2022

https://twitter.com/sportingintel/statu ... 7086216192

There are other charges too relating to bidding for tv rights in the same offical's regions

Chester Perry · Post by **Chester Perry** » Mon Apr 06, 2020 11:50 pm

Much has been made if Premier League players not aquiescing to the clubs desire for a 30% pay cut, with many citing Juventus, Barcelona and Germany players. Well it turns out that similar lack of trust to that found in our country exists in Italy, where the players association have rejected a similar request from Serie A clubs as unworkable

https://apnews.com/6a367b4602f09edecb99ff2d6308e9a0

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 12:03 am

This article in the Mail gives estimations as to the financial loss to each Premier League club if the season is cancelled

https://www.dailymail.co.uk/sport/footb ... ID-19.html

I must say I find a lot of the numbers a little strange as well as our high position in the loss league table even though @SportingIntel (who provided them) suggests they are illustrative rather than definitive

Particularly strange is the suggested hit on our Commercial and retail income - last year they totalled almost £14m this suggests we will lose £12.5m in what is left of the season - either our commercial income has grown massively ( a few hundred %) or this is just a careless approach to matching the club stated at the weekend

dsr · Post by **dsr** » Tue Apr 07, 2020 12:38 am

Chester Perry wrote: ↑
Tue Apr 07, 2020 12:03 am
This article in the Mail gives estimations as to the financial loss to each Premier League club if the season is cancelled

https://www.dailymail.co.uk/sport/footb ... ID-19.html

I must say I find a lot of the numbers a little strange as well as our high position in the loss league table even though @SportingIntel (who provided them) suggests they are illustrative rather than definitive

Particularly strange is the suggested hit on our Commercial and retail income - last year they totalled almost £14m this suggests we will lose £12.5m in what is left of the season - either our commercial income has grown massively ( a few hundred %) or this is just a careless approach to matching the club stated at the weekend

Look at the total loss for Burnley - exactly £50m. Just the same as the club published at weekend. What they've done IMO is take the club's total figure as being right, used their own computations for TV money, and put the balancing figure into commercial income.

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 1:14 am

dsr wrote: ↑
Tue Apr 07, 2020 12:38 am
Look at the total loss for Burnley - exactly £50m. Just the same as the club published at weekend. What they've done IMO is take the club's total figure as being right, used their own computations for TV money, and put the balancing figure into commercial income.

Those estimates are by @SportingIntel that were referred to on that Clarets facing £50m loss thread on Saturday to raise doubt about the clubs figures - I questioned them in that thread and the stuff added here just makes me question it more - just a shame as he is a knowledgeable and experienced chap

claretandy · Post by **claretandy** » Tue Apr 07, 2020 6:09 am

Garlick has clarified the £50m figure, it's a worse case scenario if this season is cancelled and there is no sight of the following season starting.

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 10:14 am

claretandy wrote: ↑
Tue Apr 07, 2020 6:09 am
Garlick has clarified the £50m figure, it's a worse case scenario if this season is cancelled and there is no sight of the following season starting.

yep - it was a surprise to me how many didn't realise it on Saturday, I thought that it was quite obvious

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 10:16 am

Sheffield Utd the next Premier League team likely to put staff on furlough

https://www.thestar.co.uk/sport/footbal ... ty-2531237

randomclaret2 · Post by **randomclaret2** » Tue Apr 07, 2020 10:19 am

I think the technical term for the way the Mail article has been compiled is " cobbled together "

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 10:40 am

randomclaret2 wrote: ↑
Tue Apr 07, 2020 10:19 am
I think the technical term for the way the Mail article has been compiled is " cobbled together "

It is a real shame as both Nick Harris and Ian Ladyman are good journalists with strong and long records on these kinds of matters - I personally think Harris has got trapped in a single line of thought rather than explored the options

- some of that may be editorial, the Mail has been turning out a slew of articles on the financial nuances on a daily basis, with writers turning out for more copy than usual - Martin Samuel has done 3 opinion pieces in 3 days, he normally does one a week. It will no doubt be impacting on quality. It is not just the Mail either, The Telegraph are ferreting the same hole.

MrTopTier · Post by **MrTopTier** » Tue Apr 07, 2020 10:48 am

Rangers on the football side have deferred their wages. Non playing staff to be furloughed and topped up by Rangers.

Denise Coates of bet 365 has donated £10million to the NHS.

Great thread Chester keep up the good work.

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 11:28 am

A welcome opportunity to post something here that I would do in more normal times - Mark Ogden with a small insight on a key but usually unseen role in modern top level football - The Player Liaison Officer - Football's Magic Money Tree keeps on giving

https://www.espn.co.uk/football/english ... dog-walker

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 12:17 pm

Simon Chadwick with an interesting article on the Geopolitics of generosity, we are starting to see at this time, utilising links forged through our beautiful game

https://www.policyforum.net/the-game-must-go-on/

Quite tactful not to mention the "modern piracy" employed by the US whose latest victims are neighbours Canada

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 12:30 pm

Interesting move - will he be asking Premier League owners/Chief Execs to match - Taylor makes personal £500k donation to Premier League NHS fund

https://www.skysports.com/football/news ... arity-fund

of course the Premier League do fund his £2m salary

Should add that Taylor said over a year ago he would stepdown after a sequence of events including an enquiry - none have which have started and it is still difficult to imagine when or even if they will begin.

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 12:42 pm

Forest reportedly join Derby by furloughing staff - that is at least half of the Championship that have taken up the option so far

randomclaret2 · Post by **randomclaret2** » Tue Apr 07, 2020 12:53 pm

Will it be pronounced ' Furluff ' at those two ?

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 2:24 pm

Today's Ornstein and Champman podcast looks at the player salary wage cut negotiations - plenty of detail that has not previously been shared

https://podcasts.google.com/?feed=aHR0c ... IBxAE&ep=6

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 3:04 pm

Vysyble with a new Blog piece looking at furloughing in the game

https://vysyble.com/blog

Chester Perry · Post by **Chester Perry** » Tue Apr 07, 2020 3:52 pm

This academic paper on Covid-10, networks and sport - leads the reader to ask the very real question of whether Euro 2020 can actual go ahead next summer as the revised plan hopes given the scale of undue stress it will place on exhausted health systems

https://www.tandfonline.com/doi/full/10 ... 20.1750100