Discover and read the best of Twitter Threads about #AFC

Most recents (24)

UEFA’s Club Financial Control Body has found that Manchester City have committed serious breaches of their Financial Fair Play (FFP) regulations by overstating sponsorship revenue between 2012 and 2016 and failing to cooperate in the investigation. Some thoughts follow #MCFC
As a consequence, #MCFC have been excluded from participation in UEFA competitions in the next two seasons (2020/21 and 2021/22) and been fined €30m (£25m). This is the biggest ever punishment for breaching FFP regulations.
In response #MCFC described the process as “flawed and consistently leaked”, saying that in December 2018 the UEFA Chief Investigator had “publicly previewed the outcome and sanction he intended to deliver, before any investigation had even begun.”
Read 46 tweets
Wolverhampton Wanderers 2018/19 financial results covered a “successful” season, when they finished 7th in their first season back in the Premier League since 2012, reached the FA Cup semi-final and qualified for the Europa League. Some thoughts in the following thread #WWFC
Since being bought by Chinese investment group Fosun International in July 2016, #WWFC is a club transformed, helped by a close relationship with super-agent Jorge Mendes. Under charismatic manager Nuno Espirito Santo, Wolves can realistically compete for European qualification.
#WWFC swung from £57m loss before tax in the Championship to £20m profit in the Premier League, a £77m improvement, as revenue surged from £26m to a club record £172m and profit on player sales was up £4m to £12m, though costs also increased significantly in the top flight.
Read 40 tweets
Watford’s 2018/19 financial results covered a season that the club understandably described as “successful”, improving their position in the Premier League from 14th to 11th and reaching the FA Cup Final (beaten by #MCFC). Some thoughts in the following thread #WatfordFC
#WatfordFC made a £9.8m profit before tax, compared to a £31m loss in the prior year, as revenue rose £19m (15%) to a record £148m, and profit on player sales increased from £3m to £22m. Also boosted by a £4.5m settlement following Marco Silva’s acrimonious move to #EFC.
#WatfordFC £19m revenue growth was mainly due to a £15m (14%) increase in broadcasting to £124m, thanks to the higher Premier League finishing position and FA Cup run, while there were also rises in commercial, up £3m (28%) to £13.6m, and match day, up £1.3m (16%) to £9.2m.
Read 39 tweets
Representatives of six Member Associations taking part in the AFC Champions League East decided to postpone matches involving Chinese clubs from the first three match days at an Emergency meeting convened by @theafcdotcom in Kuala Lumpur today.
@theafcdotcom AFC will continue to closely evaluate the impact of #coronavirusoutbreak but it is proposed the postponed matches involving clubs from China be re-scheduled in April and May. The East Zone Round of 16 matches are proposed for June 16 and 17 with the return leg on June 23 or 24.
@theafcdotcom The representatives agreed that a deadline to assess the latest situation will be set 21 days before each match and if it is decided the game cannot go-ahead as proposed, the host club will have to nominate a neutral venue at least 14 days before the match day. #Coronavirus #AFC
Read 5 tweets
West Ham’s 2018/19 financial results covered a season when they finished 10th in the Premier League and were eliminated in the 4th found of both the FA Cup and Carabao Cup. Manuel Pellegrini replaced David Moyes as manager in May 2018. Some thoughts in the following thread #WHUFC
#WHUFC swung from £18m profit before tax to a £28m loss, a £46m deterioration, despite revenue rising £15m (9%) to a club record £191m, as profit on player sales fell £17m to £13m and investment in the squad led to a £45m increase in expenses.
The main driver of #WHUFC £15m revenue increase was broadcasting, which rose £9m (7%) to £127m, due to a better Premier League position. There was also useful growth in the other revenue streams: commercial was up £4m (12%) to £36m, while match day was up £3m (11%) to £27m.
Read 41 tweets
As seen in the recently published UEFA revenue distributions, a lot of money can be earned from European competitions, especially after the 54% increase in TV money in the 2018/19 Champions League. This thread looks at the impact on English clubs in more detail.
UEFA TV money earned by English clubs increased by a third (£105m) in 2018/19 from £322m to £427m, split between £352m from the Champions League and £75m from the Europa League. In fact, their European revenue has more than tripled in just four years – from only £129m in 2015.
UEFA TV money is denominated in Euros, so there is an impact from exchange rates movements, a “Brexit bonus” if you will, as Sterling has weakened against the Euro from 1.34 to 1.13. However, the difference is not that material with the exception of 2015 and 2016.
Read 37 tweets
Everton’s 2018/19 financial results covered a season when they finished 8th in the Premier League for the second year in a row. Marco Silva replaced Sam Allardyce as manager in May 2018 #EFC
As a technical point, it’s worth noting that #EFC changed their accounting close date from May 31st to June 30th, so the 2018/19 accounts covered a 13 month period with little impact on turnover, but an additional month of expenses, which adversely impacted the bottom line.
#EFC loss shot up from £13m to a club record £112m, as revenue fell slightly (1%) to £188m, still second highest in club’s history, despite dropping out of the Europa League, and profit on player sales fell £68m to £20m, while player investment meant expenses increased by £46m.
Read 50 tweets
Deloitte have published the 23rd edition of their annual Football Money League, which ranks the world’s leading football clubs by revenue, this time covering the 2018/19 season. Some thoughts in the following thread.
Barcelona £741m overtook Spanish rivals Real Madrid £667m to claim top spot for the first time, becoming the first club to break through the £700m barrier. #MUFC £627m and Bayern Munich £582m retained 3rd and 4th ranking, while PSG £560m (5th) and #MCFC £538m (6th) swapped places
There are no fewer than five English clubs in the top ten, also including #LFC £533m, #THFC £459m, and #CFC £452m. However, #AFC £393m dropped two places to 11th, their lowest position since 2000/01. Lyon and Napoli were new entrants to the top 20, replacing Milan and #NUFC.
Read 39 tweets
Chelsea’s 2018/19 financial results covered a season when they finished 3rd in the Premier League, thus qualifying for the Champions League, won the Europa League and reached the League Cup final. Coach Maurizio Sarri replaced by Frank Lampard in July. Some thoughts follow #CFC
#CFC swung from £67m profit before tax to a £102m loss a huge £169m deterioration. Although revenue slightly increased by £3m (1%) to a record £447m, the damage was done by profit on player sales falling £53m to £65m and expenses rising by a hefty £119m. Loss after tax was £97m.
Commercial income increased £15m (9%) from £165m to £180m, but there were reductions in the other revenue streams, mainly due to impact of playing in Europa League instead of Champions League: match day down £7m (10%) from £74m to £67m and broadcasting £4m (2%) lower at £200m.
Read 44 tweets
UEFA have now published the final payments to clubs for 2018/19 European competitions. In the following thread, I will first look at the Champions League distribution, then the Europa League and finally payments by country (with a focus on the Big Five leagues).
In 2018/19 each of 32 clubs qualified for Champions League group stage got €14.5m plus €2.7m for a win and €900k for a draw. Additional prize money for each further stage reached: last 16 €9.5m, quarter-final €10.5m, semi-final €12m, final €15m and winners €19m.
#FCBarcelona had the highest 2018/19 Champions League payment of €118m, but English clubs received four of the top six distributions: winners #LFC €111m, runners-up #THFC €102m, #MUFC €93m and #MCFC €93m. #Juventus were 4th with €96m and #PSG 7th with €86m.
Read 41 tweets
Paul Merson on Arteta: “This is a big, big gamble putting someone that has never managed before in charge of a club the size of Arsenal. It’s all well & good saying he’s worked under Pep Guardiola, but let’s be honest, Guardiola would struggle managing this Arsenal team.” #afc
Merson: “You’re only as good as your players at the end of the day & the idea of Arteta replicating Guardiola’s style of football just falls apart when you look at the players he’ll be working with. It’s not as if Arsenal are underachieving, they’re just not good enough.” #afc
Merson: “One of the major factors with Arteta being linked with the job is that he’s worked closely under Guardiola & he used to play at Arsenal. Other than the fact he won’t get lost on the way to training, I don’t know what else he brings to the table.” #afc
Read 3 tweets
Manchester City’s 2018/19 financial results covered an “extraordinary” season when they won the domestic treble of Premier League, FA Cup and Carabao Cup, though were eliminated in the Champions League quarter-finals by Tottenham. Some thoughts in the following thread #MCFC
#MCFC profit before tax was flat at £10m, despite revenue rising £35m (7%) from £500m to a record high of £535m, as the revenue growth was offset by costs increasing by the same amount. Profit on player sales was also unchanged at £39m.
#MCFC revenue growth of £35m was entirely due to broadcasting, which increased £42m (20%) from £211m to £253m with Champions League up £31m (57%) to £86m and domestic TV up £11m to £167m – due to a combination of success on the pitch and new deals.
Read 49 tweets
#RealMadrid 2018/19 accounts cover a disappointing season, the first after selling Ronaldo, when they were 3rd in La Liga, semi-finalists in the Copa del Rey and exited the Champions League in the last 16. They also had 3 coaches: Lopetegui, Solari & Zidane. Some thoughts follow.
#RealMadrid profit before tax increased by €10m from €43m to €53m (profit after tax up €7m to €38m). Revenue was a record €757m, but only rose €6m (less than 1%), while profit on player sales shot up €45m to €99m. Profit restricted by a €46m impairment provision.
The only #RealMadrid revenue stream to increase was international competitions & friendlies, up €13m (13%) to €114m, but the others stagnated: broadcasting was down €5m (3%) to €173m; membership fees & stadium revenue down €1m to €173m; while marketing was flat at €295m.
Read 46 tweets
🚨| #AFC

Mesut Ozil EXCLUSIVE interview with @TheAthletic (THREAD):

“When I signed my new deal, I thought about it very carefully and said it was one of the most important decisions of my career. I didn’t want to stay for just one or two more years
I wanted to commit my future to Arsenal and the club wanted me to do the same."

“You can go through difficult times, like this, but that is no reason to run away and I’m not going to. I’m here until at least 2021."
"Wenger was a big factor in me joining Arsenal but ultimately I signed for the club. Even when Arsene announced he was leaving, I wanted to stay because I love playing for Arsenal and that’s why I’ve been here for six years.
Read 23 tweets
#FCBarcelona 2018/19 accounts cover a season when they won La Liga (for the fourth time in five years), were runners-up in the Copa del Rey and reached the Champions League semi-finals. Some thoughts in the following thread.
#FCBarcelona profit before tax fell €17m to €4m (profit after tax €5m, due to €1m tax credit). Revenue rose €76m (8%) from €914m to a record high of €990m, even though gain on player sales was down €108m. Offset by significant growth in expenses, which were up €69m.
As a technical note, the #FCBarcelona definition of €990m revenue is higher than the standard Deloitte Money League figure of €852m, as it includes €101m gain on player sales, €29m impairment reversal, €7m utilisation of provisions and €1m work performed and capitalised.
Read 46 tweets
🇩🇪📜| #AFC

Shkodran Mustafi’s interview with German outlet, Der Spiegel.

Mr. Mustafi, are you the second worst defender in the world?

Mustafi: “No I don’t think so.”
The Spanish sports newspaper ‘Marca’ has recently selected the worst players of the year from their users. With 150,000 votes, you came in second behind Phil Jones of Manchester United.

Mustafi: “I would think if that would have been a poll among the best coaches in Europe.”
Read 35 tweets
Borussia Dortmund 2018/19 accounts cover their first season with Lucien Favre as manager when they finished second behind Bayern Munich in the Bundesliga and reached the Champions League last 16. Some thoughts in the following thread #BVB
#BVB profit before tax decreased €13m from €35m to €22m (profit after tax €17m), despite revenue rising €60m (19%) from €317m to €377m, as profit on player sales fell €49m from €126m to €77m and total expenses were up €26m, but net interest payable was €3m lower.
All #BVB revenue streams increased, though the largest growth by far was in broadcasting, up €45m (37%) to €167m. In addition, commercial rose €9m (6%) to €157m, match operations €2m (6%) to €45m and other operating income €4m to €8m.
Read 40 tweets
Manchester United are the first Premier League club to publish 2018/19 financial results, covering a disappointing season when they finished sixth in the league and were eliminated in the Champions League quarter-finals by Barcelona. Some thoughts in the following thread #MUFC
#MUFC profit before tax was up slightly from £26m to £27m, as revenue rose £37m (6%) to a record £627m, but the wage bill also increased £36m (12%) to £332m. After tax club went from £38m loss to £19m profit, as prior year was impacted by non-cash write-off due to US tax reform.
#MUFC first English club above £600m revenue. Almost all growth was in broadcasting, up £37m (18%) to £241m, due to Champions League participation (and new rights agreement). Commercial and match day flat at £275m and £111m respectively. Profit on player sales £8m higher at £26m.
Read 45 tweets
A previous thread explained the differences between a football club’s profit and loss account and its cash flow statement, as it is important to understand where the money has been spent. This thread will look at how this works for each of the 20 Premier League clubs in 2017/18.
#AFC went from £52m operating profit to £42m operating loss, due to lower revenue after failing to qualify for the Champions League, compounded by higher wages and player amortisation plus Wenger pay-off. However, £120m profit on player sales resulted in £70m profit before tax.
#AFC cash flow boosted by favourable £58m movement in working capital (increase in creditors). Spent £29m (net) on players (purchases £110m, sales £81m). Paid £20m for Emirates loan (£11m interest & £9m debt) plus £12m tax. Net cash inflow of £51m was highest in Premier League.
Read 42 tweets
One of the questions most frequently asked by football fans is “Where’s all the money gone?” The answer is only partly found in a club’s profit and loss account, so we need to also look at the cash flow statement to get the full picture. Some thoughts in the following thread.
A club’s profit and loss account is easy to understand, as it is basically revenue less expenses (mainly player wages), but this is an accounting profit based on the accruals concept, which can be very different from actual cash movements.
This is important, as the main reason that football clubs fail is cash flow problems. It does not matter how large your revenue is (or your profits are), if you do not have the cash to pay your players, suppliers or indeed the taxman, then you will find yourself in trouble.
Read 39 tweets
We get every Premier League player to sit down on camera and say how they want their name pronounced - and there’s LOADS I did wrong. So here’s a thread so you don’t make the same mistakes I did!
First of all - Norwich City’s Teemu Pukki. His first name is actually pronounced ‘TAY-mu’ #ncfc
How about Chelsea’s #USMNT star Christian Pulisic? His surname is ‘puh-LISS-ick’, no Eastern European style ‘itch’ on the end #CFC
Read 11 tweets
There is much talk about the so-called “Big Six” pulling away from the rest of the Premier League financially, but is this actually true? This thread looks at this question from the perspective of revenue, wages and total player costs #AFC #CFC #LFC #MCFC #MUFC #THFC
For the purpose of this analysis, we will take the 7th highest club in terms of revenue and wages for each season between 2010 and 2018. This means that the 7th placed club is not always the same. For example, for the last 4 seasons’ revenue this was #EFC, #LCFC, #WHUFC & #NUFC.
The highest revenue in the 2018 Premier League was #MUFC £590m, followed by #MCFC £503m, #LFC £455m, #CFC £448m, #AFC £389m, #THFC £379m and #EFC £189m. The highest growth since 2010 came at #MCFC with £378m (or 300%).
Read 20 tweets
Earlier this year it was widely reported that Arsenal would only have a £45m transfer budget this summer, after failing to qualify for the Champions League, but the club has actually splashed out well over £100m. This thread explains how this was possible #AFC
In fairness to the club, they never agreed with the low budget figure. #AFC managing director Vinai Venkatesham explained, “The number never came from us. We never ever, ever talk about how much money we have to spend, because that’s the least helpful thing you can do.”
First, let’s take a look at #AFC player purchases of £143m (including £8m add-ons). This comprises club record acquisition Nicolas Pépé £72m plus William Saliba £27m, Kieran Tierney £25m, David Luiz £8m, Gabriel Martinelli £6m and Dani Ceballos (loan fee) £5m.
Read 30 tweets
Can't believe the information I received yesterday about David Luiz... to summarise, the beef with Lampard started right after the #Chelsea 5-3 Salzburg game. David Luiz didn't want to listen to Lampard's feedback, and even got aggressive with Lampard in training. #CFC
It didn't improve when he wasn't selected for the 2-2 Gladbach game... even the staff had to step in once Lampard left the dressing room.
After the game, training went on, but Frank had enough with Luiz's behaviour. He snapped and told Luiz he'll now be a squad player. #CFC
Because of this, Luiz complained to his agent and he wanted to leave. His agent has connections at #Arsenal, which explains the links. Arsenal are interested since they don't have enough funds to sign Upamecano (as they agreed terms for Kieran Tierney). #CFC #AFC
Read 5 tweets

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