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 » Wed Apr 22, 2020 11:17 am

Chester Perry wrote:
Tue Apr 21, 2020 2:54 pm
Barcelona are reported to being ready to repeat their shirt sponsor trick - with that they first had UNICEF on the front of their shirt before announcing a mega deal for a shirt sponsor - now they intend selling naming rights for the Camp Nou to raise monies for CoranaVirus fight. , but will follow for the club that is in a financial and organisational mess

https://www.dailymail.co.uk/sport/footb ... virus.html
Simon Chadwick extrapolates on the point

https://twitter.com/Prof_Chadwick/statu ... 3201484800

it is interesting just how much think comes back to Stadium redevelopment at Barcelona (though the planning has been going on for well over a decade

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 12:25 pm

Well that didn't take long, and the sale still hasn't been ratified - Newcastle fans are mobilising to defend Saudi - this time over the BeinSport issue (although Simon Chadwick has been getting it in the ear for some time now)

https://twitter.com/uglygame/status/1252857077954797569

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 12:34 pm

Chester Perry wrote:
Tue Apr 21, 2020 11:01 pm
Is this a step towards sanity? - League 1 and 2 clubs agree to open their books to the PFA's accountants to show the levelof financial distress they are under - you cannot ask people to give up something without being frank, open and honest

https://www.theguardian.com/football/20 ... as-request
Excellent thread from @AgainstLeague3 on twitter re the above - many real points of process to be considered

https://twitter.com/AgainstLeague3/stat ... 0483812354

- like me he wants a real discussion - the longer this goes on the more likely it will happen as the various factions doing a lot of the shouting realise it is not about finishing the season it is about the survival of clubs at the heart of their communities

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 6:08 pm

As Saudi try to finalise their purchase of Newcastle Simon Chadwick reminds us that as far as Middle Eastern Investment organisations go they have a poor track record, unlike those States behind City, PSG and possibly Leeds - https://twitter.com/Prof_Chadwick/statu ... 9892271107

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 6:31 pm

Chester Perry wrote:
Tue Apr 21, 2020 2:09 am
With that Newcastle sale price being a reported £300m it represents a 12% reduction in asking price to reflect current market conditions - later this week we are expecting the latest University of Liverpool Management School‘s Centre for Sports Business Premier League club valuations report - It will be interesting to see where it values them and indeed all clubs in the current context (though that is not part of the Markham methodology)

I should also point out that with the financial accounts for both Newcastle and Crystal Palace from last season still not available that will be even more difficult.

a reminder of last years report that upset many and surprised even more

https://news.liverpool.ac.uk/2019/05/03 ... able-club/
Apparently this report is now coming out on Monday, though I can reveal that Spurs are now the most valuable club in the Premier League - suspect that there will be some revelations in tomorrows Price of Football Podcast

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 6:36 pm

An interesting discussion from the Football Collective this morning - featuring some names that are familiar to regular readers of this thread - it covers a range of issues, and there is a certain political persuasion driving parts of the discussion but it is well worth a listen

https://www.youtube.com/watch?v=7IXFzlDnzok

Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 7:05 pm

Article from ESPN on what is like to be an unemployed football manager - nothing to do with being furloughed

https://www.espn.co.uk/football/blog-es ... op-manager

Royboyclaret
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Re: Football's Magic Money Tree

Post by Royboyclaret » Wed Apr 22, 2020 8:03 pm

Chester Perry wrote:
Mon Apr 20, 2020 9:30 am
finally it is here - @SwissRamble with his usual in depth analysis - this time on Burnley's 2018/19 Financial accounts

https://twitter.com/SwissRamble/status/ ... 3679089665

The highest of praise comes at the end - "Arguably, they are the best run club in the Premier League, not only surviving (and being competitive) despite the financial challenges, but also maintaining a sustainable business model with no debt."
As expected nothing too jaw dropping in our results, Chester P. That said a few of the headline figures are more than worthy of a bit more analysis.

Turnover is some £8m more than anticipated and appears to revolve around broadcast payments. The distribution of PL funds for '18/'19 chart shows us in receipt of £107.3m but by the time that figure hits our P/L account £115m seems to have magically appeared. Certainly be interested to see the extra £8m justified ?

Amortisation is higher than I forecasted and you were much nearer the eventual figure.

Which leaves the Wage bill as worth an interest, far higher than I'd imagined. Appears to be a whopping 33% increase in numbers of players, management and coaches and a 41% increase in sales and admin staff resulting in a total of 229 employees compared to 163 for the previous financial year. Not sure anyone can have foreseen such an increase in those numbers.

Without the profit on sale of big Sam Vokes of £7m we were looking at an Operating Loss of £2.1m which overall is somewhat disappointing even though we finished 15th. Good luck to anyone even attempting to forecast the equivalent figures for the current financial year given the prevailing circumstances, I guess we'll all just have to remain patient for as long as it takes.
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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 9:02 pm

Royboyclaret wrote:
Wed Apr 22, 2020 8:03 pm
As expected nothing too jaw dropping in our results, Chester P. That said a few of the headline figures are more than worthy of a bit more analysis.

Turnover is some £8m more than anticipated and appears to revolve around broadcast payments. The distribution of PL funds for '18/'19 chart shows us in receipt of £107.3m but by the time that figure hits our P/L account £115m seems to have magically appeared. Certainly be interested to see the extra £8m justified ?

Amortisation is higher than I forecasted and you were much nearer the eventual figure.

Which leaves the Wage bill as worth an interest, far higher than I'd imagined. Appears to be a whopping 33% increase in numbers of players, management and coaches and a 41% increase in sales and admin staff resulting in a total of 229 employees compared to 163 for the previous financial year. Not sure anyone can have foreseen such an increase in those numbers.

Without the profit on sale of big Sam Vokes of £7m we were looking at an Operating Loss of £2.1m which overall is somewhat disappointing even though we finished 15th. Good luck to anyone even attempting to forecast the equivalent figures for the current financial year given the prevailing circumstances, I guess we'll all just have to remain patient for as long as it takes.
lovely to have your views on the thread again mate -

The size of the commercial growth was a welcome surprise that the club should be congratulated on

TV monies would have included our run in Europe though I cannot believe it was £7m+ given UEFA gave us £800k and only 2 games were screened

Sean did an Interview last week which said about a third of our wage bill was bonuses so it is difficult to believe that the football staff are earning more than £61m-£63m which was within our forecast - though we did not expect so much bonus to be weighted just on staying in the league rather than finishing position. As you say the growth in employees was very surprising, though I suspect we are now fully staffed for a Cat One Academy whenever that approval comes through - it must be remembered that we are still a relatively small set-up even compared to a lot of Championship clubs.

I would say we made an operating profit and the Sam Vokes money gave us an accounting/book profit

As for this season - If we get the Sky and BT money for the end of season (even if it is voided/cancelled) I think we will make a small operating profit and a large accounting loss (due to amortisation mainly) - I also expect to lose over half our cash position which is a real shame given how much we have worked to build it up. Prior to this it looked like we were on for another really good financial year.

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 9:54 pm

Jonathan Liew in the Guardian with a column on the absurdity of commerce versus morality in the Premier Leagues upcoming decision on the Newcastle takeover

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

Naturally the Premier League are left to the decision because the government will not play a role in blocking it

https://www.theguardian.com/football/20 ... r-football

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 10:20 pm

@TariqPanja asks "Is Benfica the most powerful sporting institution in any country? A series of curious legal dramas suggest its tentacles spread far and wide" no surprise that it links to the Football Leaks story as this is where that started - from the New York Times

In Airing Benfica’s Secrets, a Hacker Angered Its Fans. His Trial Judge Is One of Them.
Judges, prosecutors and even Portugal’s prime minister count themselves as Benfica supporters. But what happens when they are allowed to preside over cases that affect the club’s interests?

By Tariq Panja - April 22, 2020 Updated 3:44 p.m. ET

The judge’s allegiance to Benfica, the biggest soccer club in Portugal, hardly made him an outlier.

Benfica often boasts that it can count more than half of Portugal’s population as supporters, and judges, prosecutors, top police officials and even the country’s prime minister are regular guests in the directors’ box at the team’s matches. One judge has been so loyal, in fact, that he was honored last year with a Golden Eagle lapel pin, symbolic of his half-century affiliation with the club.

So when it was revealed that a judge, not the one given the lapel pin but another one, had joined the legion of critics assailing a 31-year-old computer expert, Rui Pinto, who had embarrassed Benfica by publishing some of its darkest secrets online, few rushed to the hacker’s defense.

But to lawyers for Pinto, who is scheduled to stand trial this summer, the judge’s fandom was a serious problem: He had been assigned to oversee their client’s case.

“You don’t feel at ease,” Pinto’s Portuguese lawyer, Francisco Teixeira da Mota, said in a telephone interview. “Of course, we would like someone who is not committed to Benfica.”

Benfica’s reach, though, may make that difficult. The Lisbon team is the biggest of Portugal’s three most powerful clubs, a sporting and media colossus whose influence extends into nearly every aspect of daily life in the country. It is a team whose victories are celebrated, whose losses are mourned and whose fans hold positions of power in everything from media to banking to government. That power, Benfica’s critics say, affords the club and its leaders a type of leverage that extends far beyond the soccer field, and explains why some refer to it as the Octopus.

Ana Gomes, a career diplomat turned anticorruption campaigner, said in a recent interview that she believed Benfica’s outsize influence had given it a privileged status in Portuguese society, particularly when it came to legal matters. The phrase she used to describe that status — “state capture” — refers to the notion that private entities like corporations, or maybe even a popular sports team, can grow so powerful that they are able, if they choose, to unduly influence the state itself.

“State capture is done through the capture of people who are in an institutional position in the state, and of course one key pillar is the justice system,” said Gomes, who has been campaigning on Pinto’s behalf. “If you have judges who are captured, or don’t mind having the appearance of being captured, we have a problem.”

Benfica, which was asked for a comment on Monday, had not responded by the time of publication.
For now, it is Pinto, though, who may have the biggest problem of all. In crossing Benfica and exposing its secrets, he has made a formidable enemy.

Arrested last year in Hungary and extradited home to Portugal, Pinto now faces 25 years in prison for his hacking, which unearthed not only the secret documents of Benfica, but also others related to players, prominent agents and even the office of the country’s attorney general.


The disclosures were hailed in some corners for shining a light on the underbelly of the world’s most popular sport, but for now they are producing only anxiety for Pinto. That is because his fate now rests, potentially, in the hands of a judge, Paulo Registo, who may already have signaled he believes the defendant is guilty.

After being picked to preside over Pinto’s trial, Registo worked quickly to delete social media posts linking himself to Benfica, but not before they had been noticed by journalists and others. In one, the judge was reported to have liked a post that described Pinto as a “pirate.”

“The judge that will judge Rui Pinto doesn’t hide his love for Benfica,” read one headline from a news outlet that reprinted some of the messages.

That association offered more ammunition to critics who have long bemoaned what they considered to be a close relationship between Portugal’s most important institutions and Benfica. But it was not the first time he had overseen a case closely linked to his favorite team.

Before he was named to lead Pinto’s trial, Registo served on a three-judge panel overseeing a case involving Benfica’s former legal director, Paulo Gonçalves. The legal director was accused of trading perks like prime seats and club merchandise to two court officials who are accused of illegally gaining access to details of ongoing investigations into Benfica and then passing that confidential information to team officials.

Yet even though he was the head of the club’s legal department, and his actions benefited the club, the court allowed Gonçalves to obscure his links to Benfica by claiming he had acted in a private capacity. A court of appeals judge later complained that Benfica itself should have been charged.

But, then, Registo was not the only judge handling a case in which Benfica held an interest who was later revealed to be a devoted supporter of the club.

Last year, in March, the judge who received the prized Golden Eagle lapel pin, Eduardo Rodrigues Pires, only belatedly asked to be recused from a case in which Benfica’s great domestic rival, F.C. Porto, was seeking to overturn a ruling ordering it to pay two million euros, or about $2.2 million, for disseminating confidential Benfica documents on its television channel. (A supervising judge rejected his request to step aside, declaring that Pires’s passion for Benfica could not possibly influence his impartiality as a judge.)

Shortly after being selected to hear the case, Pires, who also owned stock in Benfica, was invited by the club to visit its training complex.

Porto is currently appealing the ruling, but the frequency of outcomes that appear to have benefited Benfica and the contents of some of Pinto’s leaks — which included a database with the names and addresses of some of Portugal’s most senior judges and notes on games they had been invited to attend — have renewed questions about how far the club’s influence extends.

“You need to understand Portuguese history to understand the importance of football in our culture, politics, even in our everyday lives,” said Mário Figueiredo, a former president of the Portuguese league. He said that several of the presidents of Portugal’s three biggest clubs had often found themselves in legal trouble, but that none had ever been prosecuted while in office.

“Being the president is a form of protection,” he said. More than a decade ago, for example, Porto’s longtime president, Jorge Nuno Pinto da Costa, was cleared of involvement in a corruption scandal after wiretap evidence that appeared to link him to a scheme to bribe referees was deemed inadmissible by a judge.

Whether Registo will continue to oversee the Pinto trial is less clear.

On Monday, after details of his links to Benfica were published by Portuguese news outlets, and after Pinto’s lawyers complained, Registo wrote to the court of appeals asking to be recused. No decision on his request has yet to be made.

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Apr 22, 2020 11:24 pm

A lengthy piece (5000 words) by Tim Walters on SportingInteligence.com with a view as to what the future of football should look like

Opportunity from uncertainty: inventing the future of football
By Tim Walters - 22 April 2020

In the midst of our global pandemic, the football world finds itself entangled in a vast and intricate Gordian knot of scheduling logjams, contractual obligations, and financial relationships from which there appears to be no clear way to proceed. Understandably, the rush is to get football and the football economy started again, and the contours of the debate are largely defined by how and when to make that happen as quickly as possible, and how to complete this season before starting the next one.

There is, however, at least one relatively simple way out of this scheduling quagmire that isn’t being widely considered, but should be, since as well as offering an elegant albeit eccentric solution to the worsening fixture congestion wrought by the pandemic, it also helps football better equip itself for some of the crises it was already in, but was pretending it wasn’t.

First, we must reject outright some of the more inevitably lunatic ideas being currently floated by the footballing authorities and being given surprising weight by the sport’s commentators, schemes which exemplify the business side of sport’s relentless impulse to try to make the tail wag the dog of the game itself.

Football being played in empty stadiums makes as little sense as playing without a ball, unless the most important thing about a football match is the television rights it can accrue. Fans are not a dispensable part of our game.

Elsewhere, Major League Baseball is contemplating playing its entire season with quarantined players in empty stadiums in the Arizonan desert. Australia’s National Rugby League is considering a similar solution, by isolating all of their players at the Tangalooma Island Resort on Queensland’s Moreton Island.

It has been widely reported that the Premier League is considering something similar, quickly wrapping this season up in a cavernous, echoey Wembley with players and staff quarantined in a (hopefully) biosecure St. George’s Park, absent fans, and the potentially decisive home and away advantage they contain. The atmosphere problem might be replaced with cardboard cutouts or piped in roars and boos, like some kind of bizarro-world inverted esports tournament.

Setting aside the possible illegality and impracticality of confining hundreds of players and staff, or the morality of using scarce testing equipment and medical resources that could more usefully be deployed elsewhere, if you don’t immediately understand why football has to be played in front of its supporters, you probably can’t be convinced otherwise. But even if this folly were somehow allowed to happen, it still doesn’t solve the broader problem, which is the several hundred other fixtures we are meant to be playing in the shadow of the pandemic.

Finishing this season behind closed doors only makes sense if you are willing to contemplate playing next season that way too, and it’s for precisely that reason that the idea is gaining traction among the game’s administrators, and why it should be rejected outright and with extreme prejudice by its fans.

We must also absolutely dismiss the notion of cancelling the current season and starting afresh with the same teams in the same leagues in a few months, which betrays all principles of fairness and competition, since it negates the efforts of the teams so far, and rewards those that have done poorly (by sparing them probable relegation) at the expense of those that have done well (by denying them probable titles or promotion). However, it’s equally impossible to follow the Scottish model and cancel the rest of the season and base titles, promotion, relegation, and European qualification on current league standings, which also rewards some teams and punishes others unfairly and disregards their efforts.

Each option is a legal and ethical minefield, and neither is remotely compatible with principles of sporting fairness. Neither the freezing nor the voiding option addresses the more serious medium- and long-term challenges that lie ahead.

So the starting point of planning has to be that this season must be finished, and must be finished in front of its fans; the real problem is sorting out when this happens.

Unfortunately, whens these days have become worryingly unknown and unknowable—like much else, whens aren’t what they used to be. If we try to finish the season before regularly scheduled programming resumes, then time is running out, which is everyday more apparent in the sense of growing panic that is much evident amongst football’s decision makers who keep meeting, picking a date to restart, and planning to meet again a week later to divine a new, later, and soon-to-be amended date. Throw into this chaotic, anxiety-inducing mix a heady stew of interconnected television, marketing, player and staff contracts, and you can understand why all the worst and most conventional ideas are getting the most attention and defining the contours of the debate. People lean toward familiarity in abnormal times, but in this case status quo ideas cannot get us out of this mess. The ones on offer can only defer it or make it much worse.

Partly the current deadlock and paucity of solutions are a function of our collectively asking the wrong questions. For the Premier League, for instance, the serious question isn’t “when can we start playing again so as to finish the season?” The actual logistical problem isn’t finishing the season at all—it’s finishing it in time to start the next one. So let’s all just stop trying so hard to make that happen and accept that it isn’t going to, because there isn’t going to be a regular next season.

Let’s be clear-eyed about the question the Premier League should be asking – truly, the only one that matters: in the next year, will there be 48 weeks (the remainder of this season and the next one) in which public health experts will deem it to be safe and in the public interest for millions of fans to travel in large groups around the country into new communities and to funnel into confined areas with tens of thousands of other supporters to watch a football match? Whether we like it or not, the answer to this is a hard no. There won’t be. Not a chance in hell.

Crucially, there won’t be 38 weeks in the next year when this is true either, so rushing to start another season that we also won’t be able to finish makes no sense whatsoever, unless you are motivated by a financially desperate willingness to abandon the structure of existing leagues and tournaments and just pack as many lucrative games into the next year as possible.

So this is our actual predicament: what is to be done?
Try to imagine another world in which football’s owners and governance bodies were less craven, shambolic, and short-sighted in their thinking about the game, and one in which their self-interested fever dreams on the future of football did not frame the Overton window on this debate. What then?

If we were primarily motivated by a central concern with the sporting principles that have made the game what it is today, and by the commitment that football at its best is an important and positive part of the shared lives of our communities, then the idea we should be talking about, and arguing for, but aren’t, is this: the season we should be cancelling is the next one, not this one. We should shut down all football—and ideally all sport—over the summer, and resume the season when it is safe to do so, playing out the remaining games at a more leisurely pace over the next several months. The 2019-2020 season becomes the 2019-2021 season. This solution doesn’t resolve all of the problems the pandemic has brought to football, but it leads to considerably better outcomes than any of the other available alternatives, and provides a framework and some much-needed time within which to address them. Like all novel ideas, this might appear like a provocation rather than a reasonable proposal, and while it is that too, it also seems close to inevitable.

How will this help? Approaching consensus is that the likeliest pandemic scenario we will be dealing with in this reduced new world will involve rolling, regular waves of outbreaks for at least another year, with the virus resurging, possibly more ruthlessly, in the Autumn. Perhaps in as little as a few months, real life will start inching back to us, slowly and unevenly, in fits and starts. Isolation measures will be eased. Small, joyful gatherings will be allowed. Cafes and pubs will tentatively reopen their doors, thank God.

But this glorious restoration of our social world will feel glacially slow, will be localized, will exclude many, and will be stop-start. Regions will relax and contract and reinstate their isolation protocols, which will also likely shift as regards who these policies apply to, as well as where and when. The uninfected elderly Geordie might not be able to attend a match before a seemingly less demographically vulnerable Spurs fan, but maybe Mancunian supporters won’t be able to safely attend any away matches this year. Home matches in Bournemouth might be fine in October, but deadly in December. Like it or not, this is what the next year of our lives looks like, and we should be pragmatic enough to plan accordingly. We need to make the football schedule radically more flexible, to build in the slack we will need, and to shape our plans around the probable contours and trajectory of the pandemic.

One of the lessons we quickly learned from this deeply strange experience is that not all socializing is created equal. Curve flattening is accomplished by dramatically lowering attendance figures everywhere. You are hopefully reading this while quarantined with those humans you have chosen to live with, which is another way of saying the ones you are willing to risk dying to be with. Our exposure to danger is reduced in accordance with the amount of the company you keep, and how we behave.

Maybe you’ve chosen to live with the risk of a partner, or a family you made, or inherited. Tread beyond that narrow band of direct human contact, and risk scales up vertiginously, menacingly, both to you and to those you care about, and the social world will fill back up relative to tolerable exposure to menace. Perhaps libraries and restaurants first, then cinemas and classrooms and hotels and shopping malls. Taxis, then buses, then trains, then regional planes, then international jetliners, and so on.

Here’s a thought experiment, since you now have a bit of time on your hands. Make a list of all the places you planned to visit in the next year ordered by close proximity to greater numbers of other people: if you’re reading this, and unless you’re someone who frequents cruise ships, going to a football stadium is likely at the top of that list. Follow up question: how long before it will be a good idea to get on a cruise ship?

All those things on the top of your list—be they cruises, concerts, or the football— will be the last to return, since they will only really be safe when we have either all been vaccinated, or have acquired global herd immunity, or can be instantaneously tested on-site with total accuracy as a condition of admittance, none of which will happen by the end of the year.

So the unhappy reality is that, for a good while, we will no longer be sharing a world in which weekly mass transit and congregation events can be reasonably or reliably expected to be compatible with human safety, including your own. In fact, they are likely to be the opposite, and will continue to be so for many, many months. It has already been argued by infectious-disease specialists that the February 19th Atalanta-Valencia Champions League game was a “biological bomb” that played a causal role as a “distinctive multiplier” of the pandemic that currently ravages Spain and Italy.

If the season resumes prematurely, how inevitable is it that we will one day look back in horror at a fixture at which an inadvertent super-spreader was responsible for the infection or deaths of dozens or hundreds of fellow supporters, or their neighbours, or the NHS workers trying to save their lives? Who would really be responsible for that, or is willing to be?

Even at the time, the Liverpool-Atletico Madrid match played (remarkably) only a little over a month ago, on March 11th, seemed horribly ill-advised. In retrospect, it seems like madness. Spanish fans travelled en masse from a country that was four days away from complete lockdown to one that should have been locked down already. Already, the most physically generous and expressive manager in English football knew enough to incredulously spurn high-fives and handshakes, shouting “Put your hands away you ******* idiots” at the fans he loves. There were 52,267 fans there that night.

We have only recently commemorated the 31st anniversary of the Hillsborough disaster, and the 96 fans that were killed through catastrophic governance and decision-making on the part of the authorities—it may already be the case that the last match played at Anfield led to the deaths of more Liverpool supporters than were killed in Sheffield on April 15th, 1989. Losing to Simeone’s disciplined and ruthless team might have been nowhere near the worst thing that happened in that stadium that night, not by a long stretch. Precisely how duty bound are we to be careful that football not kill those that support it? What unconventional measures must we be willing to consider to avoid more brutal deaths by asphyxiation in and around the stadium? How willing are we to support our team if doing so makes it impossible to really support the heroic work of the NHS and other essential workers?

This all seems grim, but here we are. There are, however, many reasons to celebrate for those of us who love and miss football should we follow this sensible path. If we show the foresight to cancel the 2020-2021 season, we’ll all still have plenty of football to watch for the next year. There are 92 Premier League fixtures left, 7 FA Cup matches, and 17 Champions League ties—that’s 116 games of elite men’s football involving British teams, which spread evenly throughout a year is plenty, and more than we have ever had the ability to watch on television until very recently. Need more? Also outstanding: 23 Europa League fixtures, 77 in the FPL Championship, 40 in the FA Women’s Super League, and 13 in the Women’s Champion’s League, which gives us another 153 matches. That’s 269, which already seems like more than enough to keep us occupied, and that doesn’t include International friendlies and qualifiers, domestic divisions below the Championship, or any of the many and varied pleasures of the football that remains to be played in Germany, Spain, Italy, France, Scotland, and so forth.

Notably, it’s also the business ends of all of these seasons and tournaments, full of title, promotion and relegations scraps, golden boots to be chased, records broken, trophies to be won and lost. We could stretch this drama out achingly, enjoy it more deeply. Assuming we didn’t want to, there would also be no need for us to sacrifice the 24-hour news cycles that have built up around the game, the ecosystems that feed off and sustain it—endless media coverage, column inches, podcast hours, gambling millions, and so forth.

Many other sports flourish with much less “content”. F1 fans get a paltry 21 races in a good year. Tennis lovers get 42 ATP tour events and only 4 grand slams. Each NFL team plays only 16 games in a regular season, and only eight of them at home. This perspective is hopefully doubly instructive. It demonstrates that we can fully enjoy a sport if there is less of it, perhaps even more so, and that there are plenty of other sports to watch if the many hundreds of football matches on offer don’t fill the strange void inside you that watching people play games well typically does.
Football wasn’t the only season cut short. The NBA and NHL were gearing up for the playoffs, and should also be persuaded to extend their current season over an additional year. If that seems too American for your tastes, you could try rugby, or flirt with a bit of cricket. Research suggests that the vast majority of football supporters follow at least one other sport already, which raises the question: just how much sport do we really need right now, or in general? And how much can we afford, in the broadest sense of that term?

So lest this proposal appear like pie-in-the-sky minimalist theoretical nonsense, let’s talk specifically about how the cancellation of the 2020-2021 season would free us from some of the constraints of the Gordian knot of football’s present crises, practically speaking. How can the game simultaneously create financial value without trading its inherent values? Yes, football is also, of course a business, and like many other businesses, it is struggling, badly. But it is a unique kind of business in several ways, and its uniqueness makes it better equipped than most to withstand these economic shocks if it is willing to be creative and agile.

Given their centrality to the economic structure of British football, broadcasting contracts have been the driving focus of much of the debate so far. But television contracts can be revised or extended, and doubly so in an economy that has been comprehensively upended by a protracted force majeure event. Neither party benefits from bankrupting the game, and TV will need football more than ever in the coming year in particular, given that nothing else but news is currently being produced. Premier League football is the golden goose, and SKY, BT Sport, Amazon Prime, and the BBC need it as much as it needs them.

Again, there are 92 games remaining, just under half the number currently broadcast live in the UK. If these games resume after the summer and are spread out more evenly over a much longer time frame to accommodate the ebbs and flows of the virus, perhaps also to provide a winter break, and with a longer rest before the European Championship next summer (assuming that occurs as planned), it’s not even necessary to have much fewer of them on domestic television each week. Those are the new terms and conditions which football can and should be negotiating for, and there is a compelling argument to be made that it’s the most lucrative plausible option.

While there will obviously be less footballing content for the broadcasters (and their advertisers), it’s surely not that hard to convince anyone right now that games played on television will have more viewers, or at least not many fewer. A midweek mid table clash between two unglamorous clubs you don’t support or care about would have held little appeal a month ago, but if played today it would draw cup final viewing numbers. This appetite isn’t going to disappear anytime soon. The unprecedented and abrupt reduction in the supply of football has led to a massively escalated demand in a fanbase that has recently grown accustomed to a historically anomalous glut. Supporters are positively crying out for it, and we’ll very happily take whatever we can get that isn’t watching archaic classics on youtube.

Renegotiating a protracted deal for the upcoming year that involves televising all remaining Premier League fixtures would also be better for less fashionable clubs and thus have a much-needed equalizing effect on a sport riven with worsening levels of inequality, increasing the whole game’s economic resilience. Football is an irregular leisure good, and scarcity should actually increase its value to television, rather than reduce it. Look at the Olympics, or the NFL. Or consider the fact that a game between the same two teams can have vastly different value in the same season depending on both its context and its rarity: the broadcast rights to show Arsenal play Chelsea fluctuates wildly depending on the prestige of the competition (Premier League trumps FA Cup trumps League Cup), but even more so on the stage of the competition, which is why compensation for an early round FA Cup or Champions League game between the exact same clubs is eclipsed by the value of those teams playing in the late stages of final of the same tournament. The fewer games there are, the more they are worth.

Extend that context of scarcity to all of the other uncompleted domestic leagues and tournaments, and the wealth and prestige derived from the spotlight of televised football can be redistributed more evenly to financially fortify the entirety of the sport against catastrophic disruption events like this, which will be coming with greater frequency and impact in our warming world. If handled thoughtfully, the year of this pandemic could be the best thing to ever happen to the women’s game, for instance, and could be that saviour of the FA cup we’ve always talked about.

Clubs are of course also employers, and like many other industries will require some form of bailing out for income lost primarily on ticket sales, even if television income can be stabilized for the haves and broadened out to benefit the have nots. Given the obscene wealth of the owners of the top teams—even without the impending injection of the petrodollars of the Saudi sovereign wealth fund, the owners of Premier League teams alone already have a combined net worth of nearly $100 billion—and the economic precarity of the majority of their employees, this obviously seems distasteful.

But it is no more wrong than the state intervening to protect players and stadium workers from the endemic failures of late stage capitalism than it is to protect other working people employed by bosses with much, much more money than them. If in a time of crisis affluent club owners cannot be forced to share their wealth with the workers who produce it for them, then it is entirely reasonable to look to government to help these employees, and this is doubly true of smaller clubs, many of which aren’t the property of particularly wealthy people.

This is a system wide problem that football cannot solve all by itself, alas, although I’m hopeful we’ll start hearing more public discussions about placing some of these faltering industries into public hands, and fan ownership of football would be an excellent place to start. Arguably, using public money to save football clubs that are struggling is a considerately more legitimate exercise of the public purse, since the general public actually widely cares about these institutions and benefits from their existence, which is less clearly the case with many forms of private enterprise currently holding out their manicured hands for government relief.

We should be doing anything and everything we can to help all workers manage, and that includes those who work in football—suspending financial fair play guidelines, allowing owners to access debt to maintain payroll, and yes, allowing furloughing if need be. We can sharpen our guillotines—or, I guess, sharpen the tax code—to deal with extravagantly rich owners who exploit this crisis to further enrich themselves when the tectonic plates of the financial crisis stop shifting.

Because we have consented to allow natural disasters to victimize along class lines, football’s fanbase will feel the economic impact of the pandemic disproportionately. Given the myopic recent focus on contracts, player and staff wages, and the ethics of furloughing, little thought has been given to the recent spike in the impoverishment of working-class fans, who were already being slowly priced out of the game, and for whom the coming context of massive unemployment and recession or depression might provide a tipping point regarding their capacity to afford a ticket, let alone a season ticket. Many of those fans with the most rapacious desire for the return of football will find themselves even less able to afford the price of admittance, and a year with considerably fewer tickets to buy will increase the likelihood that when we return to a footballing normal we will not have left behind a swathe of the game’s most loyal and devoted fanbase, who are as much a part of the fabric of a club as the players on the field, and as valuable to it.

Setting aside the all too predictably hysterical and politicized discussion of the salaries of players, a year with a more relaxed schedule will benefit them in ways that will improve our game as a whole. Even before the pandemic, many were rightly complaining about the increasingly brutal physical and mental demands the sport was making on its players, whose bodies were being ground down by the status quo, which was in actuality a steady, relentless creep in the number of games being played without appropriate recovery time. Think back a few months to the famous interview following news of scheduling congestion over the holiday period, when Jurgen Klopp criticized the “crazy” toll being taken on top players who, given the proliferation of football fixtures, now have only two weeks off a year to recover from a physically gruelling job. He called for football administrators to “think about the players, and not about their wallet.” He was right then and he’s right now.

Again, there are silver linings to be found here. Aside from protecting players from injury (not to mention reducing their exposure to coronavirus, which absolutely is a risk if training is resumed too quickly), playing significantly fewer games for a year will improve their quality as well as their health. Players will be fitter, better drilled, more up for it. Coaches will have more time to prepare players for the particular challenges of specific fixtures.

Fewer games, all of which are nationally televised, will heighten the stakes and the drama of each. Cancelling next season will automatically build some desperately needed slack into a constipated fixture schedule so that when matches inevitably need to be postponed for health reasons, there will be a chance to carefully, tentatively, optimistically reschedule them. It would come as close as is humanly possible to ensuring that every game gets to be played, even if they need to be shuffled around to accommodate public safety concerns. But this way, the games would be likeliest to happen, and that is not true of the other proposals being floated. Getting to play matches that only a month ago might have felt irrelevant will feel like a gift, a privilege. We’ll all revel in it, together.

If none of this has convinced you to use the pandemic to change football’s ways, consider this: they were and are going to have to change anyway, we just lacked the willingness of confront that inevitability. The global crisis of the pandemic is subsumed within the greater existential threat of a global climate crisis, and just as we now know that we can’t congregate in the tens of thousands to watch a football match at the moment, we will soon have to take seriously the reality that millions of people cannot drive and fly around the country and the world each week to watch football matches either.

Our planet absolutely cannot handle football in its recent and unprecedented expansionist mode, so a massive reduction in the size of its carbon footprint to almost zero, almost immediately, has to happen anyway, so we should use this unexpected breathing space to think deeply and talk to each other about how to make that transition. A starting point for this conversation could be a radical but necessary move to spread every future season and tournament over two years once we complete the current season next summer, which would immediately halve football’s carbon footprint while keeping the familiar structure of the game intact. Or to formulate a way in which football could thrive within Kate Raworth’s model of Doughnut Economics.

Our thinking about the climate crisis has been limited by it’s misleading abstractness for many of us, whereas the current pandemic feels viscerally and urgently apparent in our daily lives. This is an increasingly suicidal albeit convenient delusion. One of the uncomfortable lessons of the global quarantine is that for all the terror and misery it has wrought, the pandemic and our response to it is saving more lives than it is taking, now and in the future, and by orders of magnitude. Stanford University Earth Systems Professor Marshall Burke’s recent analysis of reduced human activity under quarantine suggests diminished air pollution “likely has saved the lives of 4,000 kids under 5 and 73,000 adults over 70 in China.”

In the two-month period he examined, “[Even] under these more conservative assumptions, the lives saved due to the pollution reductions are roughly 20x the number of lives that have been directly lost to the virus.” Our unplanned inactivity is causing the first significant, protracted global dip in carbon emissions in decades, and it would be a criminal abdication of our obligations to our species and its future to not make central this consideration in our planning for football’s return, and its longer-term future.

All of us who care about football now find ourselves together in a disorienting liminal space seldom experienced in our frantic sporting lives, but it is one in which we can all have a part to play in inventing the future of football. Football’s ruling class are predictably motivated by an unimaginative desire for a return to business as usual, as quickly as possible, and they are willing to contemplate almost anything to make that happen—hastily writing off the season in order to start the next one, restarting the footballing economy before it is absolutely safe to do so, or playing an obscene version of the game in hollow, empty stadiums. This is their muscle memory, their default setting. It was always thus.

We should promote the opposite, the continuation of this season and the cancellation of the next, because only this will allow for our safe enjoyment of the game under conditions that facilitate a better quality of football on the pitch, while advancing an imaginative vision of the sport that collectively plays a more positive and creative role in the fabric of our societies beyond the field of play. This is not a decision they should get to make, and we shouldn’t let them. In a locked-down world, ideas spread much faster than viruses, and we should be demanding this as widely and forcefully as possible, for every postponed league and tournament, in every sport, everywhere, right now.

For all the misery it has wrought, the pandemic is also a window of opportunity through which we must be audacious enough to fundamentally reshape the ideological coordinates within which “the football business” has come to be defined and understood, and to work toward a game that does much material good in the world, or at least much less harm. In our current vacuum of plausible alternatives this absolutely can be done, and done, in the words of the peerless footballing philosopher Socrates, while simultaneously “struggling for freedom, for respect for human beings, for equality, for ample and unrestricted discussions, for a professional democratization of unforeseen limits, and all of this while preserving the ludic, and the joyous, and the pleasurable nature of this activity.”

In times like these, agreeing to rationing and to sacrificing a little of the things we love but don’t need should feel like no great hardship if we are doing it for the people we care for, the club we belong to, and for the only planet we are ever going to have to live and play football on.
.
Dr. Tim Walters, who previously wrote a 10-point plan to revolutionise FIFA, works as a College Professor at Okanagan College in British Columbia, Canada. He writes about Slavoj Žižek, football, radical politics, and late-capitalism from a Marxist perspective. He is the author of a book-length study of the ideological function and revolutionary potential of the commanding heights of modern football — the Premier League, UEFA Champion’s League, and FIFA World Cup — from a Žižekian perspective. For his sins, he supports Middlesbrough FC. Tim can be reached at TWalters@okanagan.bc.ca

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 9:35 am

Interesting move by the Saudi government back home - suspending state finance to the domestic game (the government owns all the clubs) - why then spend £240m on a club in England and add in talk of a £200m transfer kitty

https://twitter.com/Prof_Chadwick/statu ... 9819189250

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 9:51 am

A history lesson for those of you with a subscription - How did the Premier League change English football? from the Athletic sounds an appropriate topic for a TIFO Football video in the coming weeks

https://theathletic.com/1765966/?source=twitteruk

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Re: Football's Magic Money Tree

Post by Erasmus » Thu Apr 23, 2020 9:57 am

The question is why do the Saudis or any of the Gulf states want to be involved in English football. And almost certainly the answer is that they want to show themselves as decent, respectable nations, well-integrated with the global mainstream; and not at all vicious totalitarian regimes that restrict women's rights, violently suppress all opposition, and wage brutal wars against Yemeni civilians. I am so, so glad that they have not become involved with Burnley however much money they might put in. How will we feel if they ever come our way?
This user liked this post: jrtod61

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 10:01 am

Chester Perry wrote:
Tue Apr 21, 2020 1:18 am
Another tale of madness from the EFL under it's Previous Leadership - you have to feel for Dave Baldwin, the mess he has walked into seems to get bigger and bigger.

https://www.dailymail.co.uk/sport/sport ... -deal.html

No surprise as to where the nefarious dealing came from in the Championship

As for the ECB - they are not having a good time of it either
This has thrown up another issue - the EFL was operating against it's own rules by having too few independent directors and yet managed to agree a payoff to someone that is suspected to be Shaun Harvey

https://twitter.com/KieranMaguire/statu ... 6979084289

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 1:30 pm

Erasmus wrote:
Thu Apr 23, 2020 9:57 am
The question is why do the Saudis or any of the Gulf states want to be involved in English football. And almost certainly the answer is that they want to show themselves as decent, respectable nations, well-integrated with the global mainstream; and not at all vicious totalitarian regimes that restrict women's rights, violently suppress all opposition, and wage brutal wars against Yemeni civilians. I am so, so glad that they have not become involved with Burnley however much money they might put in. How will we feel if they ever come our way?
think this covers a chunk of it - The Football Today podcast asks who is MBS and why is he buying Newcastle United

https://www.footballtodaypodcast.com/po ... es-saviour
Last edited by Chester Perry on Thu Apr 23, 2020 2:06 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 1:39 pm

The Belgian league is finding out the cost of ending their league prematurely - Broadcast partner wants refund or equivalent discount from next season

https://www.sportbusiness.com/news/tele ... ns-rights/

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 1:43 pm

An Independent sponsorship consultant (a new title for the Magic Money Tree) and former sponsorship executive for Emirates (one of the biggest commercial sponsors in world sport talks about how brands can make the most of their investment during the pandemic

https://www.sportbusiness.com/2020/04/r ... -outbreak/

EDIT In a similar vein - Brands respond well to shutdown, but recession will cause ‘changing of the guard’

https://www.sportbusiness.com/2020/04/b ... -marketer/
Last edited by Chester Perry on Thu Apr 23, 2020 2:07 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 1:45 pm

The Chief exec of Mediapro (a major football rights holder in Europe) believes the European game is about to have a financial reset - we can only hope

https://www.sportbusiness.com/news/medi ... -football/

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 1:58 pm

Chester Perry wrote:
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 French Minister for sport is proposing mediation between the Ligue and the broadcasters to resolve the issues - over 2 weeks after they arose - good look with that - you can only see the broadcasters winning one way or another

https://www.sportbusiness.com/news/medi ... -and-bein/

though Mediapro are waiting in the wings as previously reported

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 2:02 pm

Not good news for Barcelona's efforts to initiate the concept of stadium naming rights to their members (or Tottenham for that matter) - Naming rights in Europe hold a substantially lower value than those in the US

https://twitter.com/SportBusiness/statu ... 8996841474

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 3:42 pm

Benfica have publicly responded to a series of questions from @TariqPanja that he sent them with intention to include in that article I posted above last night - unfortunately it wasn't done in time for the publication and they are on it's website in Portuguese only - so I am using a Google translate facility to share with you. As Panja says the responses "are, erm, interesting"

https://translate.google.co.uk/translat ... york-times

still no response in Panja's request for an interview with the club President

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 6:18 pm

A little bit confusing this - but apparently the Premier League is to appoint a new Chair - to work alongside Chief Exec Richard Masters - need to check if Scudamore held both roles previously or they have been separated

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

EDIT Wikipedia says Scudamore was Executive Chairman so the roles have been split - which should be a good thing - we will find out in due course about the qualities of those filling the roles

https://en.wikipedia.org/wiki/Richard_Scudamore

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 6:54 pm

OffthePitch.com who I used to post articles from regularly (but are now completely behind a paywall) have decided to give away a report they produced last November for the first time (and charged for) which estimated the 2018/19 financial results of all Premier League clubs -

https://offthepitch.com/files/2020-04/F ... ressed.pdf

There is some interesting detail in there, though as far as our club is concerned they were about as accurate as Roy and myself in the overall +- stakes - and we didn't charge for the privilege :lol:

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 7:10 pm

It is a topic that comes around most seasons, managerial change and it's benefit or otherwise - This very well regarded Academic study on the subject has been made freely available (it was first published 6 years ago and is probably due for an update) from the Managing Sport and Leisure Journal

You don't know what you're doing! The impact of managerial change on club performance in the English Premier League

https://www.tandfonline.com/doi/full/10 ... 014.910000

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Re: Football's Magic Money Tree

Post by Royboyclaret » Thu Apr 23, 2020 8:10 pm

Chester Perry wrote:
Thu Apr 23, 2020 6:54 pm
OffthePitch.com who I used to post articles from regularly (but are now completely behind a paywall) have decided to give away a report they produced last November for the first time (and charged for) which estimated the 2018/19 financial results of all Premier League clubs -

https://offthepitch.com/files/2020-04/F ... ressed.pdf

There is some interesting detail in there, though as far as our club is concerned they were about as accurate as Roy and myself in the overall +- stakes - and we didn't charge for the privilege :lol:
Interesting indeed and very appropriate, in so much as the OffthePitch.com report contains the exact same figure for '18/'19 Premier League Payments for Burnley (£107.3m) as the one being discussed on this thread last evening (as part of the Distribution of PL funds chart on the Swiss Ramble link). It appears this report is dated November last year so well after the final settlements were made for the season, therefore should be an accurate assessment.

So, I ask the question again, at what point in time, and for what reason, did that very same figure become £115m (£114,988,000) for inclusion within our financial accounts ?

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 8:17 pm

This well structured and though out update from the Owner of Plymouth Argyle contains some of the most reasoned thinking yet for the lower leagues - I keep saying it - but there really is hope for the future down there as more owners of this ilk are making themselves heard

https://www.pafc.co.uk/news/2020/april/chairmans-chat/

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 9:48 pm

Royboyclaret wrote:
Thu Apr 23, 2020 8:10 pm
Interesting indeed and very appropriate, in so much as the OffthePitch.com report contains the exact same figure for '18/'19 Premier League Payments for Burnley (£107.3m) as the one being discussed on this thread last evening (as part of the Distribution of PL funds chart on the Swiss Ramble link). It appears this report is dated November last year so well after the final settlements were made for the season, therefore should be an accurate assessment.

So, I ask the question again, at what point in time, and for what reason, did that very same figure become £115m (£114,988,000) for inclusion within our financial accounts ?
I will do some ferreting though open to other suggestions from readers

What we know of none Premier League TV potential revenue:
Europa League prize money £800k - no idea what the 2 TV appearances earned
League cup 3rd round - lost against Burton - no prize money - not live TV
FA Cup - 3rd round win v Barnsley = £135.5k prize money plus live and highlight TV fee
FA Cup - 4th round loss to Man City - no prize money, no live tv but highlights - have we counted our share of gate money as TV income

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 11:36 pm

Another NGO with Human Rights expertise in the Middle East has written to the FA and Premier League about the Saudi takeover of Newcastle United

https://twitter.com/tariqpanja/status/1 ... 7056523265

A link to Fair/Square - https://fairsq.org/

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Apr 23, 2020 11:44 pm

This article gives the detail on the breakdown for Barcelona's financial restructure in response to the impact of the Covid-19 Pandemic

https://www.sbibarcelona.com/newsdetails/index/495

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 11:40 am

***WARNING*** This may end up being a bit of a rambling rant

We keep hearing of football gearing up to return quickly in behind closed doors/ghost games - but is that really going to happen

In Germany the Bundesliga have highly detailed plans that on the face of it seem plausible - but importantly no government approval as yet, and Chancellor Merkel has urged caution as lockdown rules are eased. Germany is also a Federal state that means for the plan to work 16 different local government bodies have to agree.

https://www.theguardian.com/football/20 ... from-happy

Then there are the fans, we know how organised the ultras are, how unified they can be and how they are generally committed to social ideals and have a view of how and when the game should be played

https://www.dw.com/en/opinion-dfl-playi ... a-53212590

In the past we have seen the German fans kill pay to view TV on highlights on Saturdays (Match protests and refusal to buy subscriptions), this season was to be the last for Monday Night Football - Match protests and simple none attendance of Monday night games killing the atmosphere.

https://inews.co.uk/sport/football/bund ... ele-203744

Atmosphere is of course one of the selling points for football internationally - much of the selling behind the commercial juggernaut that is the Premier League is based on it, will fans watch multiple games with zero atmosphere? hardcore ones maybe, but the usual armchair fan, that is questionable? All of this devalues the rights even before a government then seeks a populist notion that the matches be shown free to air (one that could swiftly return low audiences as it looks and sounds like a reserve game. I think Sky would rather the season ended if they were forced to take the free to air route, there is likely to be more value for them in renegotiating what is available to them once fans return, if they pay up and do not have the rest of the season to broadcast.

Another point that few have been willing to talk about is the players - are they prepared to be removed from their families for months, to live in the football bubble? how would that effect how they will play? The game itself seems to treat them like robots, while media and government ministers like to call them out over everything. In one report we have the meticulous plan that the Spanish game has put together to resume

https://www.theguardian.com/football/20 ... -isolation

yet in another we have players set to refuse to restart in June or anytime soon

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

At the start of this lockdown I expressed a wish that Football would take the opportunity to take stock and come together with a whole game solution - we are a long way from that, with many in the game feeling the pressure from years of living in the immediate moment - not planning beyond the next cheque, those are the ones who are fighting desperately to get back up and running, who still want to push themselves ahead of other - the we will test all staff every day brigade while frontline staff can only get a test if they show symptoms

https://twitter.com/dw_sports/status/12 ... 1726546944

How can that be right?

Clubs at a local level tout themselves as being at the heart of their community, representatives of their values and aspirations, but are they? The Football Collective discussion I posted the other day has an Academic who was a born and bred working class Liverpool fan, who has lived her whole life in the Anfield district - she talked with visible distress about how her club has turned away from it's community and how much she envied Everton fans for their club's insistence that everything centres first on it's community

- Liverpool is the club that commissioned Economic reports into how much money it's games brought into the city and region, the club that hiked prices in it's new stand to levels that priced out ordinary supporters, that furloughed it's staff, that sells a large number of match day tickets exclusively to tourists, the club with the "This means more" slogan. Everton is the club whose community trust clean the streets of the Anfield area after Liverpool home games, the mess that those tourists leave behind. She chose to stop attending games a couple of seasons back.

Last night I posted a statement from the Plymouth Argyle Chairman, it was a statement of hope, maturity and consideration - that is what I want from football and if it has to mothball so be it, give it time to restructure itself in a more sustainable manner.

https://twitter.com/AndyhHolt/status/12 ... 3720132608

The communities and local businesses that survive and thrive around football cannot operate during social distancing and certainly not if the elite game carries on behind closed doors. At it's essence the game and it's clubs are there for that community, if they cannot operate football shouldn't
Last edited by Chester Perry on Fri Apr 24, 2020 11:53 am, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 11:52 am

@SwissRamble looks at the 2018/19 financial results of Sheffield United - their Promotion season

https://twitter.com/SwissRamble/status/ ... 0334302208

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 12:16 pm

Back in the land of the mighty City Football Group has posted it's 2018/19 financial results - It's New York arm seems to be increasing in value

https://www.forbes.com/sites/bobbymcmah ... 37883a3c1d

- though they are still struggling for a permanent home https://www.sportspromedia.com/news/new ... m-progress

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 12:30 pm

For sometime now Simon Chadwick has been distancing himself from the concept of sportswashing in sport arguing that by buying clubs like Manchester City and PSG, or hosting a world cup countries like Abu Dhabi, Qatar and Russia have opened themselves up to deeper and more public scrutiny that he has referred to as "staining" rather than washing.

Also he as preferred to call countries that invest extensively overseas to provide domestic income as "rentier" states, as income comes from assests that the home countries do not use, i.e. that are rented out to other countries for employment purposes.

Now his thinking is evolving to the issue of legitimacy - which is what some of us would argue is what was driving the issue of sportswashing. It is a more honest (and direct) term and with a history of academic research precedence - what goes around.....

https://twitter.com/Prof_Chadwick/statu ... 7165360128

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 12:36 pm

Remember this from Tuesday
Chester Perry wrote:
Tue Apr 21, 2020 7:24 pm
The different Spanish football authorities have come together with a plan with apparent exit velocity from the Pandemic (there is a global audience to woo and pull away from the Premier League)

https://www.sportbusiness.com/news/span ... asterplan/

The cynic in me says that the bid for the 2030 World Cup shows that Barcelona and Real Madrid have found a way of getting state funding for those hugely expensive stadium redevelopment projects they have been trying to get off the ground for some time.

Of course there is a problem with world cup bids (witness the fall out of Russia 2018 and Qatar 2022), my bet is on these guys

https://twitter.com/Prof_Chadwick/statu ... 9895542784
I am sticking with that bet - China signals World Cup ambitions with new football stadiums

https://www.channelnewsasia.com/news/sp ... s-12673294

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 1:12 pm

Gary Neville is not the first to come up with a factoring solution to help football survive going forward, but he is the most public

https://twitter.com/SkySportsPL/status/ ... 0586046465

No surprise that Cara doesn't get it - It would come with a lot of strings attached and should come with an absolute demand that clubs and leagues build their own protection mechanisms going forward for the next such crises

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Apr 24, 2020 6:06 pm

This morning @KieranMaguire came out with this the player cost (transfers and wages) to the Premier League (based on last seasons financial results (still awaiting the ones from Newcastle and Palace)

https://twitter.com/KieranMaguire/statu ... 5798870017

following a request he broke the 2 down by club

wages - https://twitter.com/KieranMaguire/statu ... 78/photo/1
wages and amortisation https://twitter.com/KieranMaguire/statu ... 78/photo/2 (and yes he does confuse % and £ in this one though they are the same number

We are mid table but I would be more comfortable at around 70% for the two

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 24, 2020 7:47 pm

Chester Perry wrote:
Fri Apr 24, 2020 6:06 pm
This morning @KieranMaguire came out with this the player cost (transfers and wages) to the Premier League (based on last seasons financial results (still awaiting the ones from Newcastle and Palace)

https://twitter.com/KieranMaguire/statu ... 5798870017

following a request he broke the 2 down by club

wages - https://twitter.com/KieranMaguire/statu ... 78/photo/1
wages and amortisation https://twitter.com/KieranMaguire/statu ... 78/photo/2 (and yes he does confuse % and £ in this one though they are the same number

We are mid table but I would be more comfortable at around 70% for the two
Chester, the key ratio is the Wages/Turnover one, which for us has been realistic in the recent past ('17...51%, '18...59% and '19...63%. Don't be overly concerned with the higher figure for Wages & Amortisation/Turnover as all it does is reflect a higher player expenditure figure, which is normally never a bad thing.

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 24, 2020 8:16 pm

Chester Perry wrote:
Thu Apr 23, 2020 9:48 pm
I will do some ferreting though open to other suggestions from readers

What we know of none Premier League TV potential revenue:
Europa League prize money £800k - no idea what the 2 TV appearances earned
League cup 3rd round - lost against Burton - no prize money - not live TV
FA Cup - 3rd round win v Barnsley = £135.5k prize money plus live and highlight TV fee
FA Cup - 4th round loss to Man City - no prize money, no live tv but highlights - have we counted our share of gate money as TV income
So perhaps close to another £1m towards the difference, but remember the discrepancy is closer to £7.7m. A reminder below of both the OffthePitch.com and Swiss Ramble figures.
Equal share Domestic tv.......£34.4m
Facility fees.......£13.3m
Merit payment.......£11.5m
Overseas tv.......£43.2m
Central commercial.......£4.9m

Total PL payment.......£107.3m

All in all a pretty unsatisfactory closure to our detective work. A statement from a Club employee would not go amiss on what is after all a very significant figure, but I won't be holding my breath.

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 24, 2020 8:47 pm

A bit more on our Wage bill to Jun.'19 of £86.6m.

That represented an increase of £5m from £81.6m on the previous financial year and I doubt anyone outside of the Club would have predicted such an increase. According to Sean almost one third of the £81.6m to Jun.'18 covered incentive bonuses for finishing 7th which is very much confirmed by the PL merit payment for Burnley for that year of £27m. As can be seen in my previous post the equivalent payment to Jun.19 reduced to £11.5m reflecting our finishing position of 15th.

When in a recent interview Sean related to "a third of the total being bonuses", I'm convinced he was referring to the previous year as never in a million years would the £16m difference have been met by the Club last year. The bulk of the increase is clearly in additional numbers in employees over recent previous years.

Players, management & coaches :-
2016.......118
2017.......120
2018.......120
2019.......160.

Sales, admin & ancillary staff :-
2016.......44
2017.......49
2018.......43
2019.......69.

I understand the argument that the Club would require more staff when moving towards a Cat.1 academy status but 40 extra?...........and why the sudden need for 26 additional office staff?

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Re: Football's Magic Money Tree

Post by randomclaret2 » Fri Apr 24, 2020 10:32 pm

Do the Community staff come into those headcounts Roy ? .Its one area of the club that really does seem to have grown in the last year or two

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Apr 24, 2020 11:03 pm

randomclaret2 wrote:
Fri Apr 24, 2020 10:32 pm
Do the Community staff come into those headcounts Roy ? .Its one area of the club that really does seem to have grown in the last year or two
Sorry random, there's nothing in the accounts to confirm whether Commmunity staff are included. But in addition to the numbers quoted above there were also 26 (21) part-time sales, admin and ancillary staff with a further 325 (295) match-day staff employed.
This user liked this post: randomclaret2

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Apr 25, 2020 12:54 am

Royboyclaret wrote:
Fri Apr 24, 2020 7:47 pm
Chester, the key ratio is the Wages/Turnover one, which for us has been realistic in the recent past ('17...51%, '18...59% and '19...63%. Don't be overly concerned with the higher figure for Wages & Amortisation/Turnover as all it does is reflect a higher player expenditure figure, which is normally never a bad thing.
I understand all that Roy, just I would prefer us to have a stronger cash pile, for rainy days - we have done well to build up what we have, and I was reasonably sure we would have added another £10m or so this year before this hiatus - I know it is not a popular idea, and many on this board hated our dry powder store, but for clubs like ours, with the limited wealth (comparatively speaking) of our owners it is the only way to provide that cushion that is serving us so well at the moment.

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Re: Football's Magic Money Tree

Post by claretandy » Sat Apr 25, 2020 5:50 am

randomclaret2 wrote:
Fri Apr 24, 2020 10:32 pm
Do the Community staff come into those headcounts Roy ? .Its one area of the club that really does seem to have grown in the last year or two
Isn't BFC in the community a charity, and thus, completely separate ?

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Apr 25, 2020 12:47 pm

claretandy wrote:
Sat Apr 25, 2020 5:50 am
Isn't BFC in the community a charity, and thus, completely separate ?
twas my understanding

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Apr 25, 2020 1:14 pm

Given our experience in Athens this will not surprise many Burnley fans - Olympiacos face match fixing charges which could see relegation and a lifetime ban for the owner - which will have implications for Notts Forest

https://www.dailymail.co.uk/sport/sport ... e-ban.html

that story follows news of convictions in Spain this week for match fixing

https://www.dailymail.co.uk/sport/sport ... ixing.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Sat Apr 25, 2020 1:59 pm

Norwich have come out today to defend the furloughing of their staff, I though it understandable form their financial position when they announced it but that is a lot of staff for a club of that size - especially as you look at ourselves who have just recently ramped up our numbers (see Roy's post from yesterday) after 5 of the last 6 years in the Premier League and on course for another

https://www.bbc.co.uk/sport/football/52409583

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Apr 26, 2020 11:50 pm

An extensive legal advisory piece - WILL COVID-19 EXCUSE CONTRACTUAL PERFORMANCE IN INTERNATIONAL FOOTBALL CONTRACTS? An overview of court arbitration for sport jurisprudence on force majeure

full article linked at the bottom of this introduction

https://www.lewissilkin.com/en/insights ... -contracts

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Apr 27, 2020 12:01 am

Simon Chadwick contributed to this article (via interview) shame about some of the sensationalist stuff around it - still Chadwick makes some interesting points as usual - If 2008 was moderator, 2020 is eliminator for sports

https://indianexpress.com/article/sport ... t-6379238/

Sean Ingle in the Guardian making a similar point

https://www.theguardian.com/sport/blog/ ... basketball

But it's ok because the Government wants the Premier League back - because it likes the Premier League, It tends to pay taxes on time, they use it extensively when it comes to international trade negotiations and of course ministers can always have a dig at footballers whenever the whim takes them or attention needs diverting.

https://twitter.com/uglygame/status/1254532181696884737

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