Football's Magic Money Tree

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Oct 30, 2019 11:21 pm

Yet another instance of Beckenbauer taking a bribe - unveiled by Der Spiegel (in German unfortunately) this time for the Russian World Cup in 2018

https://twitter.com/JensWeinreich/statu ... 9297026049" onclick="window.open(this.href);return false;

A Russian investigative News site has published a story about the masses of Files that The Russian bid team had on FIFA Executive Members detailing who could be bought/influenced

https://twitter.com/tariqpanja/status/1 ... 8471228416" onclick="window.open(this.href);return false;

@TariqPanja reminds us that FIFA couldn't investigate the said bid team because the computers had been destroyed

https://twitter.com/tariqpanja/status/1 ... 6603892737" onclick="window.open(this.href);return false;

I have a feeling this story has some legs in it

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Oct 31, 2019 5:05 pm

This weeks Price of Football Podcast looks at the proposed changes to UEFA Club Football competitions

https://podcasts.apple.com/gb/podcast/c ... 0455599566" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Oct 31, 2019 5:09 pm

It has taken a lot longer than imagined but the new investment into Sunderland has finally happened

https://www.sunderlandecho.com/sport/fo ... vel-824189" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Oct 31, 2019 5:13 pm

@KieranMaguire looks at the (very late) financial results of Mike Ashley's MASH Holdings in a bid to understand is Newcastle activities

https://twitter.com/KieranMaguire/statu ... 9394111488" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Oct 31, 2019 5:20 pm

IT has taken a while but the FA are finally demanding the details of Liverpool's "Spygate" activities against MAn City - From the Times

FA demands Manchester City ‘Spygate’ answers
Liverpool asked to respond to revelations that they paid City £1m
Martyn Ziegler, Matt Dickinson - October 31 2019, 12:01am,

Liverpool have been asked by the Football Association to respond to the “Spygate” revelations that they paid £1 million to Manchester City after they complained that their scouting system had been hacked into.

The Times reported in September that Liverpool paid the money in a settlement in 2013 after City complained about their system being accessed unlawfully by Liverpool club employees.

According to the legal settlement, Michael Edwards, who is now Liverpool’s sporting director, and two former City scouts who had moved to Liverpool were alleged by City to have been involved in accessing their database on the Scout7 system on hundreds of occasions.

The FA contacted City last month asking the club to provide information, including the findings of a forensic computer expert they had employed to track suspicious logins and IP addresses. City are understood to have responded to the FA and the governing body has now written to Liverpool — the Premier League leaders and City’s main title rivals — to ask for their response. Neither Liverpool nor City would comment on the FA’s request.

Although the FA’s move is not being termed an investigation, it will examine all the responses and evidence provided by both clubs to see if there is a case it should pursue.

The FA’s rules include a clause on misconduct that states: “A participant should at all times act in the best interests of the game and shall not act in any manner which is improper or brings the game into disrepute.”

The rules also define a participant as including any “affiliated competition, club, club official” as well as players. The development will intensify the pressure on the Premier League to launch an investigation — it has so far declined to become involved despite the seriousness of the case, which would appear to be the worst instance of alleged misbehaviour by one top-flight club to another in the Premier League’s history.

According to the confidential settlement, the two scouts alleged to have been involved in accessing the database were Dave Fallows, now Liverpool’s head of recruitment, and Julian Ward, who was Liverpool’s European scouting manager for Spain and Portugal and is now the loan pathways and football partnerships manager.

It has been alleged that the login of Rob Newman, a Manchester City scout, may have been used illicitly by senior Liverpool staff between June 2012 and February 2013.

The £1 million settlement was made without Liverpool or the accused individuals accepting any liability or wrongdoing.
After the revelations, a Liverpool spokesman said: “Liverpool Football Club does not provide any comment on any allegations relating to legal agreements it may or may not have entered into with any other club, organisation or individual.”

The Premier League’s usual approach is not to intervene if a dispute between two clubs has been resolved between them. It may feel obliged to become involved if the FA uncovers evidence of a breach of the league’s rule that “each club shall behave towards each other club and the league with the utmost good faith”.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Oct 31, 2019 5:26 pm

Today FIFA has launched a new legal portal where it is possible to look at all it's legal judgements - a much welcome move towards transparency - expect a lot of Newspaper reports about previous judgements

https://www.fifa.com/about-fifa/who-we- ... gal-portal" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Oct 31, 2019 5:49 pm

The ongoing financial issues at Macclesfield don't look like they are going to end anytime soon - The club have informed staff that they will not be paid on time - again!!

https://www.bbc.co.uk/sport/football/50242811" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 01, 2019 10:43 am

The post at the top of this page talks about a dossier from the Russia 2018 World Cup bid that highlights the FIFA Executive Council members that could be bought/influenced - apparently that document is now up for sale

https://www.theguardian.com/world/2019/ ... red-online" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 01, 2019 10:54 am

With their failure to smash the Championship as promised on their last relegation - Middlesbrough are having a tough time of it as they have had to cut their cloth accordingly - Tony Pulis had to dramatically cut the wage bill - now Jonathan Woodgate is having to do the same

https://www.dailymail.co.uk/sport/footb ... -club.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 01, 2019 8:22 pm

Rangers post losses of £11m for last season

https://www.bbc.co.uk/sport/football/50270159" onclick="window.open(this.href);return false;

Official club statement with link to full report

https://rangers.co.uk/news/headlines/ra ... results-5/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:18 am

@KieranMaguire looks at Rangers financial results (losses)

https://twitter.com/KieranMaguire/statu ... 0192709635" onclick="window.open(this.href);return false;

EDIT @sportingintel gives a wonderful insight into the growing disparity between English and Scottish football

https://twitter.com/sportingintel/statu ... 1596489728" onclick="window.open(this.href);return false;
Last edited by Chester Perry on Tue Nov 05, 2019 4:12 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:25 am

Sunderland following the recent Investment (Shares from the existing shareholders sold to new Shareholders announce the issue of £9m of shares

https://twitter.com/KieranMaguire/statu ... 4651592704" onclick="window.open(this.href);return false;

- looks like they are wanting to smash the league!! - we know how that tends to go

https://www.dailymail.co.uk/sport/footb ... utfit.html" onclick="window.open(this.href);return false;

EDIT it is being suggested that the new shares is the total sum investment the new investors and that they have not bought any pre-existing shares - which is a very different picture from that painted during the summer
Last edited by Chester Perry on Tue Nov 05, 2019 1:15 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:28 am

Sticking with League One - An Interesting perspective on the current finances in the league from Doncaster

https://www.doncasterfreepress.co.uk/sp ... ble-828197" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:29 am

Norwich City become the 3rd of last years Championship clubs to provide their financial results for the 2018/19 season

https://twitter.com/KieranMaguire/statu ... 1820134400" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:36 am

@SwissRamble does his thing with Bristol City's 2018/19 Financial results

https://twitter.com/SwissRamble/status/ ... 2550222848" onclick="window.open(this.href);return false;

and The Price of Football effectively let's you do a direct comparison of the 2 most popular analysts of football finances by doing their own deep dive into the same

http://priceoffootball.com/bristol-city ... pty-skies/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:40 am

The latest edition of FC Business is out - the online edition has Gianni Agnelli on the cover looking none to happy, almost startled by the reactions to his machinations - you can read it here

https://cloud.3dissue.com/6374/7271/131 ... x.html?r=3" onclick="window.open(this.href);return false;

There is also a big article on Football Finance and the need for change and timely given their financial results coming out a look at Norwich City's growing commercial operations (something our club desperatey needs to grow)

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Tue Nov 05, 2019 11:46 am

Chester Perry wrote:Norwich City become the 3rd of last years Championship clubs to provide their financial results for the 2018/19 season

https://twitter.com/KieranMaguire/statu ... 1820134400" onclick="window.open(this.href);return false;
Seriously high Wage bill there for a Championship club last year. They appear to have had little or none in the way of relegation clauses in players' contracts following their last relegation. Suppose they will argue that it paid dividends with their promotion last year. A big gamble though which resulted in a Wages/Income ratio of 152%, without promotion serious trouble was just around the corner.

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Tue Nov 05, 2019 11:53 am

Chester Perry wrote:The latest edition of FC Business is out - the online edition has Gianni Agnelli on the cover looking none to happy, almost startled by the reactions to his machinations - you can read it here

https://cloud.3dissue.com/6374/7271/131 ... x.html?r=3" onclick="window.open(this.href);return false;

There is also a big article on Football Finance and the need for change and timely given their financial results coming out a look at Norwich City's growing commercial operations (something our club desperatey needs to grow)
Even with Commercial Income of £14.4m within a Total Income of £33.7m they still made an Operating Loss of a massive £37.9m due mainly to that bloated Wage bill. Delia will have breathed a big sigh of relief following promotion.

But I agree, Burnley as a club require major improvements in the commercial operations side of the business.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 11:54 am

Royboyclaret wrote:Seriously high Wage bill there for a Championship club last year. They appear to have had little or none in the way of relegation clauses in players' contracts following their last relegation. Suppose they will argue that it paid dividends with their promotion last year. A big gamble though which resulted in a Wages/Income ratio of 152%, without promotion serious trouble was just around the corner.
That was my thought - benefitted from player sales with one last push - but a huge gamble that would have resulted in a big sell off this year if it didn't pay-off - probably led to the low spend this summer also

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:07 pm

The pr machine has begun in the Norwich local press following the financial results

https://www.edp24.co.uk/sport/norwich-c ... -1-6357790" onclick="window.open(this.href);return false;

https://www.pinkun.com/norwich-city/nor ... -1-6357790" onclick="window.open(this.href);return false;

no surprise that they are open to additional investment

https://www.edp24.co.uk/business/norwic ... -1-6357801" onclick="window.open(this.href);return false;
Last edited by Chester Perry on Tue Nov 05, 2019 4:10 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:17 pm

Following his loss in the High Court Kevin McCabe takes the battle over Sheffield United to appeal

https://www.dailymail.co.uk/sport/footb ... ppeal.html" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:23 pm

Football has long wanted to monetise (hate the word) online fan activities - they are now starting to do so via youtube channels though not by nearly enough in their minds (Liverpool earn close to our annual matchday income from it)

https://twitter.com/Lu_Class_/status/11 ... 9279880193" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:30 pm

We wonder at the valuations of clubs in England - in the US the MLS franchises are soaring in value

https://www.forbes.com/sites/chrissmith ... 16b62551b5" onclick="window.open(this.href);return false;

Yet it is almost accepted that on a National Level the men's game cannot and will not reach the heights of their female counterparts (though it is not like that has held back the Premier League)

https://www.theguardian.com/football/20 ... g-the-pack" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:33 pm

Interesting commercial sponsorship idea from Man United - prize draw for match ticket holders - that gives a complimentary upgrade (paid for by the sponsor)

https://twitter.com/frntofficesport/sta ... 6966093824" onclick="window.open(this.href);return false;

wonder if the club try to resell the original match seats also - to maximise the opportunity

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:53 pm

As the New Balance are rejected the right of appeal
https://www.theguardian.com/football/20 ... d-football" onclick="window.open(this.href);return false;

Liverpool fan @FootballLaw provides a blog over the court case

https://www.danielgeey.com/post/lfc-cho ... -resolved/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 12:57 pm

Rugby Union once again shows Football how to administrate itself (think VAR) - Saracens given huge fine and docked 35 points for breaching salary cap

https://www.bbc.co.uk/sport/rugby-union/50300756" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 1:06 pm

as an addition to the @FootballLAw piece here MediaWritesLaw does a piece on sponsorship matching rights

https://mediawrites.law/matching-rights ... or-heaven/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 1:11 pm

Some good news from Scotland- Fan owned Motherwell (currently riding high in the SPL) have paid off the outstanding debt to their former owners

https://www.motherwellfc.co.uk/2019/11/ ... er-owners/" onclick="window.open(this.href);return false;

LeadBelly
Posts: 4178
Joined: Fri Jan 22, 2016 11:07 am
Been Liked: 1000 times
Has Liked: 2044 times
Location: North Hampshire

Re: Football's Magic Money Tree

Post by LeadBelly » Tue Nov 05, 2019 1:13 pm

Rugby Union once again shows Football how to administrate itself (think VAR) - Saracens given huge fine and docked 35 points for breaching salary cap
I cant see English football ever being as tough as this on financial miscreants unfortunately but I think Saracens will likely get a reduced points dock on appeal. Even if 35 points stands, Saracens would probably avoid relegation (would have reduced them from 78pts to a 3rd from bottom 43 last season (& only 1 team is relegated)) but they'll miss out on the play-offs then on European games next season- quite a blow to them.
They'll be fighting to get the deduction halved to still give them a top4 chance but doubt they'll get that much mercy -if any.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Tue Nov 05, 2019 1:16 pm

LeadBelly wrote:I cant see English football ever being as tough as this on financial miscreants unfortunately but I think Saracens will likely get a reduced points dock on appeal. Even if 35 points stands, Saracens would probably avoid relegation (would have reduced them from 78pts to a 3rd from bottom 43 last season (& only 1 team is relegated)) but they'll miss out on the play-offs then on European games next season- quite a blow to them.
They'll be fighting to get the deduction halved to still give them a top4 chance but doubt they'll get that much mercy -if any.
Do they qualify for Europe if they win it again this season?

LeadBelly
Posts: 4178
Joined: Fri Jan 22, 2016 11:07 am
Been Liked: 1000 times
Has Liked: 2044 times
Location: North Hampshire

Re: Football's Magic Money Tree

Post by LeadBelly » Tue Nov 05, 2019 1:45 pm

Do they qualify for Europe if they win it again this season?
I didnt think so but, checking, looks like they could as the rules for qualification changed a couple of years ago.
20 teams qualify, 19 via their positions iin French, English & Pro14 leagues but the 20th now based on criteria that are topped by current holder (if not already qualified by league position).
So yes, they can get into The Champions Cup next season by winning this season. Tough call though (even if theyve won it 3 times in the last 5/6 years). The final this season is in Paris (& I see, at Spurs' new ground the season after- that fast-serve bar will be a real benefit).

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Nov 06, 2019 11:21 am

This could be timely given the (not unpredictable) way "Realistic targets for January" thread has gone. It can work for big clubs with predictable income streams, but we could get relegated at any time so have to use our own monies

Not all of you may be aware that this summers 2 biggest football transfers (Antoine Griezmann and Joao Felix) only happened because the buying clubs borrowed money to finance them, that's right Barcelona, who expect to turnover Euro 1 billion (1,000,000,000) this season, had to borrow a shed load of money to buy a player.

Given the riches in football at that level it may surprise you to know that this is an increasingly common practice, City AM does a piece with the company that provided the finance

https://www.cityam.com/23-capital-meet- ... oao-felix/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Nov 06, 2019 4:08 pm

Qatari owners of PSG confirm they are in talks for Leeds Utd (just need the Saudi's to finalise Man Utd and the Gulf standoff is fully in play across the Pennines) - From the Times

Qatar investor confirms talks with ‘beautiful brand’ Leeds United
Martyn Ziegler, Chief Sports Reporter - November 6 2019, 12:00pm,

Leeds United have been described as a “beautiful brand with which we can recreate a story” by Qatar Sports Investment (QSI), which has confirmed that talks on investment in the club are continuing.

QSI, which owns Paris Saint-Germain, is one of three parties that have made offers to the Leeds owner Andrea Radrizzani.

A spokesman for QSI told the French sports daily L’Equipe: “It’s an opportunity, it’s interesting and it’s a big name in English football that we can help develop and bring back [in the Premier League]; a very beautiful brand with which we can recreate a story.

“There are real discussions, but it’s a slow-moving file. But it can accelerate tomorrow”.

Radrizzani told The Times last month he is considering an offer from Qatar to take the club to a level where they could “compete with Manchester City”, but that he would only do a deal when the time is right.

QSI is run by Nasser Al-Khelaifi, the PSG president, and a close friend of Radrizzani’s, who said: “The option of Qatar Sports Investment and Nasser — first of all they are friends, we have had a good relationship for a long time. Secondly, they have the possibility to bring this club to compete with Manchester City, so for the fans that could be a fantastic opportunity.”

L’Equipe reported that QSI values Leeds between €60 million and €80 million — Radrizzani believes it is worth significantly more, especially if they are promoted to the Premier League.

Leeds are in third place in the Championship, just outside the automatic promotion spots.

--------------------------------------------------------------------------------------------------------------------------------------------------
Simon Chadwick had a thread on the Gulf focus on English football the other day

https://twitter.com/Prof_Chadwick/statu ... 5792677888" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Nov 06, 2019 4:17 pm

Why the projected boom in live sports rights has all but disappeared for the big Tech players

https://digiday.com/marketing/tech-comp ... roadcasts/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Nov 06, 2019 10:28 pm

And now for something a little different - The eToro Fan Financial Statement in association with KPMG Football Benchmark. This is a study into the financial commitment UK football fans make to their Premier League clubs and which clubs offer the best value, for the fans who spend £1.3 bn going to premier league matches

The media release including a video piece from Gary Neville - https://www.etoro.com/trading/invest-in ... love/#info" onclick="window.open(this.href);return false;

The report - https://1mr3lc1zt3xi1fzits1il485-wpengi ... tement.pdf" onclick="window.open(this.href);return false;

It reckons that the dedicated Burnley fan (home and away) spent £1641 going to the match last season - lowest in the league - just how much are other clubs charging for a Twix
Last edited by Chester Perry on Wed Nov 06, 2019 11:03 pm, edited 1 time in total.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Wed Nov 06, 2019 10:53 pm

In a few months (Q1 next year) the new Chief executive of the Premier League, David Pemsel, will start his role. It will be over 20 months after Richard Scudamore announced he was stepping down and over a year since he actually did so. Their has been a been a distinct vacuum around the Premier League throughout this time in the public mindset - one that has been filled with relish by Javier Tebas and La Liga. In the absence of a voice from the games biggest League Tebas has not missed a beat in advancing the cause of La Liga in it's ambition to usurp the English stronghold in the heards of the games fans around the world.

Tebas is a very shrewd operator and the strategy he is pursuing is all encompassing - here he gives more insight into La Liga's plans and their use of their own OTT platform

http://www.sportspromedia.com/interview ... 5w.twitter" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Nov 07, 2019 11:16 am

This weeks "The Price of Football's" new podcast is out - looking at FFP and what happens to players when they retire

https://player.fm/series/price-of-football" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Nov 07, 2019 11:45 am

Following their recent financial results for last season, the owner of Bristol City writes off £71m of debt in a share conversion

https://twitter.com/KieranMaguire/statu ... 6977599489" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Nov 07, 2019 12:14 pm

@SwissRamble continues on his European Tour - this time stopping off at Roma to look at their 2018/19 results

https://twitter.com/SwissRamble/status/ ... 1395575808" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Thu Nov 07, 2019 9:19 pm

If anyone still has any doubt about the importance of commercial sponsorship deals to the growth of clubs they just needs to look at the latest results of PSG, whose Euro 96m growth in revenue is put down to 2 new deals

http://www.sportspromedia.com/news/psg- ... NQ.twitter" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 08, 2019 11:33 am

Perhaps more than anybody - The Times - are not letting the Liverpool - Man City "spygate" lie - this from today

FA to consider spying charges over claims Liverpool hacked into Manchester City’s scouting system
Martyn Ziegler, Matt Dickinson - November 8 2019, 12:01am,

FA disciplinary chiefs will consider whether Liverpool’s sporting director Michael Edwards and two other staff members should face individual misconduct charges over allegations they hacked into Manchester City’s scouting system, once they have collected all the responses from both clubs.
The FA’s regulations and disciplinary department has had responses from the clubs but it is likely that they will ask for answers to more questions. A decision on whether disciplinary proceedings should follow is understood to still be some way off.

Edwards and two former City scouts, Dave Fallows and Julian Ward, were named in a confidential settlement between the clubs in 2013, in which Liverpool paid City £1 million compensation.

The FA’s rules include a clause on misconduct which states that: “A participant should at all times act in the best interests of the game and shall not act in any manner which is improper or brings the game into disrepute.” The rules also define a participant as including any “affiliated competition, club, club official,” as well as players.

The “Spygate” scandal provides a contentious backdrop for Sunday’s meeting between the two title rivals at Anfield. Edwards was Liverpool’s director of performance and analysis at the time of the alleged hacking. Fallows is now Liverpool’s head of recruitment, while Ward, who was Liverpool’s European scouting manager for Spain and Portugal, is the club’s loan pathways and football partnerships manager.

It has been alleged that the login of Rob Newman, a Manchester City scout, was used illicitly by senior Liverpool staff on hundreds of occasions from June 2012 to February 2013.

The Times revealed the details of the settlement in September. Last month, the FA contacted City asking the club to provide information, including the findings of a forensic computer expert they had employed to track suspicious logins and IP addresses. The club were given a week to respond.

The FA, which is not terming its action as a formal investigation, has since submitted follow-up questions to City and has also contacted Liverpool asking for their response.

The £1 million settlement was made without Liverpool or accused individuals accepting liability or wrongdoing.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 08, 2019 7:11 pm

A Interesting article from Property Week with input from people we know well

How are football stadiums valued? - By Adam Hooker Thu 7 November 2019

The difficulty of the task was underlined last year following the aborted sale of Wembley Stadium to US businessman Shahid Khan. He agreed a fee of £600m for the stadium, but one football finance expert told Property Week a fairer price would be £1bn.

Establishing the value of a football stadium was thrust into the limelight again earlier this year when the English Football League (EFL) announced it was investigating the sale of Derby County Football Club’s 34,000-capacity Pride Park stadium for £81.1m.

So just how are football stadiums being valued – and how should they be?

Two things about the Pride Park sale raised eyebrows. The first was the price for a plot of land located in the middle of an industrial estate in the Midlands. The second was the name of the purchasing company, SEVCO 5112, which has leased the stadium back to the club for around £1.25m a season. The individual behind the company is Mel Morris, who also happens to be Derby County’s owner.

Legally, Derby County has done nothing wrong. The reason the EFL is scrutinising the sale is that the purchase helped the club to turn a £30m annual loss – which could potentially put it in breach of the league’s Financial Fair Play (FFP) regulations – into a pre-tax profit of almost £15m.

A number of other football league clubs questioned the high sale price, with Middlesbrough going so far as to take legal action against the EFL for not properly administering its own rules.

The issue surrounds the ‘market price’ of the stadium. And according to Daniel Plumley, senior lecturer in sports business management at Sheffield Hallam University, therein lies the rub.

“While we can estimate what an asset is worth based on market indicators, we cannot account for the margin that may be added and what somebody may be prepared to pay for it,” says Plumley. “These are the subjective factors that are difficult to measure and account for in any valuation.”

One way of establishing an accurate market price, according to Kieran Maguire, football finance lecturer at the University of Liverpool, is to find a comparison.

“Aston Villa sold their stadium to their owner for £56m, Sheffield Wednesday sold theirs for £60m and I think both of those were possibly a bit steep,” says Maguire.

Under investigation
Sheffield Wednesday’s stadium, Hillsborough, has a capacity of almost 40,000, while Villa Park, home of Aston Villa, is the country’s 10th biggest stadium, with a capacity of 46,000. Both sales are also reportedly being investigated by the football authorities.

On paper, a better comparison to Pride Park should be Reading’s Madejski Stadium, which was built around the same time. It opened in the 1998-99 season – a year prior to Pride Park. Both teams play in the championship and in terms of real estate, the two plots are similar in size.

However, there is one critical difference. Reading’s stadium is located on a retail park in Berkshire, just 25 minutes from London, while Pride Park is located on an industrial estate in the Midlands.

On that basis, you might expect the former to command a higher price than the latter. Yet, according to Reading’s most recent accounts, the Madejski Stadium was sold to owner Renhe Management Company for £26.5m – £55m less than Pride Park.

Pride Park is also apparently more valuable than Upton Park in east London, which was vacated by West Ham in 2016.

According to the Land Registry, the land the latter sat on, which is now a housing development, was sold for £40m. “That is prime real estate in London and it is half the price of an industrial estate in Derby,” says Maguire incredulously. “Perhaps I am doing the Derby market a disservice, but the last time I looked at the London market, I fell off my stool. It does seem unusual to value land on an industrial estate at that level.”

According to Plumley, another challenge in assessing the true value of assets such as football stadiums is that the value will be “tied up in tangible assets and not directly divulged” in financial accounts. For a football club, assets will typically include the stadium, alongside any other property owned, the training ground and potentially various other elements.

According to Derby County’s 2017 accounts, which were signed off prior to the sale, the club had tangible assets of £59,321,188. In 2018, following the sale, the tangible assets stood at £14,476, 568, a fall of almost £45m.

‘No breach of rules’
According to a spokesperson for Derby County, the club adhered to the EFL’s profit and sustainability rules with respect to the sale of its stadium.
“The stadium was subject to an independent professional valuation before sale, nearly 18 months ago, and the EFL indicated in writing that the arrangement was in accordance with its rules and regulations,” says the spokesperson.

“The EFL cannot now, long after approving the arrangements, suggest Derby County breached the rules. The club regrets that Middlesbrough Football Club have said they are suing the EFL over the matter, but that is a matter for them.

“Derby County offered to show Middlesbrough its financial records, but they declined the invitation and appear to have decided to bring a claim against the EFL instead.

“The outcome of that action could not now affect Derby County, which has already had its financial returns for the relevant season approved by the EFL, and the club is solely focused on the current season.”

As for the EFL, it says: “Further investigation is still required on a number of issues in respect of the profitability and sustainability submissions of some championship clubs.

“The EFL, however, does not discuss or disclose any of the details regarding individual P&S cases of its members.”

Ultimately, what happens next is in the EFL’s hands. Its decision could have a significant impact not only on Derby County, but also on other football clubs looking to sell their stadiums.

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 08, 2019 9:15 pm

There are strong rumours that Sky is readying for battle with BT over European club competitions having essentially walking away from it last time the rights were offered

http://www.sportspromedia.com/news/sky- ... -tv-rights" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Fri Nov 08, 2019 9:26 pm

Last month Michel Platini's 4 year ban from all football activity finished, he said he would be back. and in many ways his return to public profile should come as no surprise - he want's money he believes he is owed - that is how he and Blatter got their bans in the first place!!I this time he is using the courts rather than the old boys network to try and recover promised monies from one of the games governing bodies

https://apnews.com/199aed8b234b4e359719a68da30818ed" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sat Nov 09, 2019 3:26 am

They keep telling us that they want to look after the game, the reason Chelsea and Arsenal went to Baku for their final was so all members of the European family could feel like they belonged - so when the F^^k did New York become part of Europe - UEFA in talks for the 2024 Champions League Final to be in New York - No one gives a s^^t about the fans anymore

https://www.dailymail.co.uk/sport/footb ... final.html" onclick="window.open(this.href);return false;

you can bet that Agnelli is pleased with his good mate and Godfather to his daughter - Uefa President Aleksander Cefrin - with this idea as news comes through that CBS have won the US broadcasting battle for the next round of Champions League broadcasting rights

https://apnews.com/992d46d6bd634164a84a7b0444994656" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Nov 10, 2019 6:20 pm

The Price of Football compares last season's financial results of the 2 biggest teams in Scotland

http://priceoffootball.com/rangers-and- ... t-me-down/" onclick="window.open(this.href);return false;

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Sun Nov 10, 2019 6:34 pm

@TariqPanja writes about how a Wada rule could have serious impact on the staging of next summer's European Championship's - naturally it involes Russia - from the New York Times

Tucked in WADA Rules, a Ticking Bomb for European Soccer
A Russian doping scandal could force organizers of next year’s continental soccer championship to bar Russia’s team and move matches scheduled for St. Petersburg.
By Tariq Panja - Nov. 8, 2019

KATOWICE, Poland — Buried on page 49 of a dry procedural document published by the World Anti-Doping Agency last year is a paragraph that threatens to be a major headache for the organizers of next summer’s European soccer championship.

The month long tournament, Europe’s quadrennial continental championship, is set to be a celebration of soccer on the continent, played for the first time in multiple countries, with games spread from Dublin and Glasgow in the west to Bucharest and Baku in the east. But because of a little-discussed rules change by WADA, the event — already a far trickier logistical exercise than any previous tournament — could be forced into changing its hosting requirements because of the continuing fallout of a Russian doping scandal.

The European Championship is expected to be the first major international event that will be affected by penalties the World Anti-Doping Agency now looks almost certain to impose on Russia after its investigators unearthed evidence that Russian authorities manipulated thousands of athlete records in an effort to cover up positive drug tests.

As well as seeing its teams and athletes being barred from international sports competitions, Russia would — under tougher WADA penalties — be forbidden from hosting events run by organizations bound by the rules of the global antidoping regulator. That group includes UEFA, European soccer’s governing body, and that has put in doubt both the participation of Russia’s national team, which qualified for the tournament in October, and the role of St. Petersburg, which is scheduled to serve as the host city for three group-stage games and a quarterfinal.

Twelve European cities are scheduled to host games in the tournament, with the final and both semi-finals set to be played in London.
The problem for UEFA is that under Section 11 of WADA’s compliance code, organizers of international sporting events must “assess whether it is legally and practically possible to withdraw that right and reassign the event to another country.”

WADA’s executive body is set to meet to make a final decision about Russia’s potential punishment at a meeting on Dec. 9. If a ban on Russia and its athletes is confirmed, Russia would have 21 days to file an appeal to sports’ top court, the Court of Arbitration for Sport in Lausanne, Switzerland. CAS would have the final say, and its determination is likely to be made months before Euro 2020 kicks off in June, according to several European sports officials familiar with the matter

A spokesman for UEFA declined to comment on the status of Russia or St. Petersburg in relation to the European Championship, but other officials at the organization confirmed UEFA is monitoring events.

Yuri Ganus, the head of Russia’s antidoping agency, has called a possible ban on Russia and its athletes “the biggest crisis” since a state-supported cheating scandal was first exposed in 2015. Ganus, who leads the Russian antidoping agency, said last month that he expected WADA to issue Russia a ban of at least three years, which also means it will be unable to send a team to next summer’s Tokyo Olympics.

Jonathan Taylor, the British lawyer responsible for the committee that will recommend what action should be taken against Russia, updated WADA’s executive board on the investigation during meetings in Poland this week. In September, when details emerged that Russia had manipulated the data it supplied to WADA investigators, Taylor told The New York Times that Russian officials there would need to “pull a rabbit out of the hat” to provide a credible explanation for discrepancies in the data.

Since then, little has changed, and senior Russian officials have sparred over the country’s guilt. While Ganus said he was sure that information from an athlete database stored at the Moscow laboratory at the center of the cheating scandal had been changed, the country’s sports minister was quoted in Russian news media reports saying that wasn’t true.

The 2015 cheating scandal loomed over preparations for the 2016 Rio de Janeiro Olympics, and exposed fissures between the antidoping community and the global sports movement. The International Olympic Committee voted against WADA’s recommendation to bar Russia from those Games and instead allowed individual sports federations to decide whether Russian athletes could participate in their events.

That chaos prompted WADA to change its compliance rules, and to take the decision-making power away from the I.O.C. and the dozens of sports federations that signed up to abide by WADA’s rules. Under the new guidelines, all signatories must comply with the penalties imposed by WADA.

Russia’s responses to 31 questions sent by WADA’s investigators have so far not changed investigators’ opinion that the changes to the database they uncovered were deliberate. That does not mean Russia hasn’t tried. Officials who have seen Russia’s response said this week that in addition to answering the questions, the Russian authorities also created what was described as a comic book and a film to try to make their case.

For UEFA, the preparations for Euro 2020 continue. The plans most likely will come into sharper focus on Nov. 30, when a draw to place the 24 qualified teams into four-team pools is held.

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Sun Nov 10, 2019 7:57 pm

Chester Perry wrote:The Price of Football compares last season's financial results of the 2 biggest teams in Scotland

http://priceoffootball.com/rangers-and- ... t-me-down/" onclick="window.open(this.href);return false;
Following post#2345 and Real Madrid's astonishing average Matchday Revenue Income of £2,000 per fan, here we have Celtic weighing in at an equivalent £743, all of which makes our figure at Burnley of some £273 all the more remarkable.

Royboyclaret
Posts: 3865
Joined: Sat May 21, 2016 12:57 pm
Been Liked: 1273 times
Has Liked: 680 times

Re: Football's Magic Money Tree

Post by Royboyclaret » Sun Nov 10, 2019 9:39 pm

On further inspection, in terms of average matchday Income per fan, not only do we compare so favourably with the likes of Celtic, Rangers & Real Madrid we have now the lowest average figure at £273 in the Premier League. Other examples include Brighton (£609), Southampton (£618), Arsenal (£1,660) & Chelsea (£1,781).

Chester Perry
Posts: 19169
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3116 times
Has Liked: 481 times

Re: Football's Magic Money Tree

Post by Chester Perry » Mon Nov 11, 2019 1:31 am

As FIFA's president looks for ever more ways to generate income for the organisation (think of a bloated club world cup with 24 teams or a bloated World cup with 48 teams or a World Nations League) - the Organisation has a dig at agents and the excesses in Transfer packages - It is all about FIFA's new regulations for agents and their disappointment in them

https://apnews.com/b7e92202de5b41f69c4f21da766f9f54" onclick="window.open(this.href);return false;

Post Reply