Discover and read the best of Twitter Threads about #AVFC

Most recents (24)

#BristolCity recently published their 2018/19 financial results, covering a season when they finished 8th in the Championship, their highest position for 11 seasons and just 4 points off a play-off position. Some thoughts in the following thread.
#BristolCity reported £11m profit before tax, a significant improvement on the prior season’s £25m loss, mainly thanks to profit on player sales surging from hardly anything in 2017/18 to £38m last season. Owner Steve Lansdown described the results as “a milestone” for the club.
#BristolCity revenue also rose by £4m (16%) from £26m to £30m, mainly due to commercial income increasing £4.6m (39%) to £16.1m, though broadcasting was also up £0.4m (5%) to £8.1m. On the other hand, match day income fell £0.7m (10%) to £6.0m.
Read 40 tweets
Right then, conspiracy theorists. I can now explain exactly what happened with the Roberto Firmino offside vs, and why the VAR twice had to draw the line to the Liverpool striker.

A short thread follows. Strap in. #LFC #AVFC
At this stage in the process, the (yellow) offside line has been completed on Mings.

The VAR is now setting the offside point to Firmino.

He has already set the point on the armpit. Now he needs to set the centre of gravity (marked by the feet).
The VAR at first selected this point as being the centre of gravity - close to Mings' hand and what the VAR thought was the foot of Firmino.
Read 8 tweets
I recently wrote about the importance of the cash flow statement in assessing the financial performance of a football club, focusing on the Premier League. Since then I have had a few requests to do the same for the Championship, so let’s take a look in the following thread.
A club’s profit and loss account is easy to understand, i.e. basically revenue less expenses (mainly player wages), but this is a notional profit based on the accountants’ 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 41 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
Football is finally back. Premier League Predictions thread: #PL
20. Steve Bruce is just such an underwhelming appointment. ASM and Joelinton have a lot of potential but relying on them this early in their PL careers seems a risk. If Newcastle do stay up, I have a feeling they’ll get Arab owners soon. The fans would deserve it. #NUFC
19 Crystal Palace. Without Batshuayi and AWB a gaping hole in the team has been left. Relying on a Ayew and Camarasa (he’s decent) isn’t the brightest decision. What kind of mood will Zaha be in? This and Hodgsons experience may be the last hope for Palace. #CPFC
Read 22 tweets
In preparation for the upcoming 2018/19 Premier League season, I thought that it might be interesting to look at the transfer spend over the last decade, including the growing impact on debt. The analysis is split between 3 periods: last 3 years, last 5 years and last 10 years.
The transfer fees spend is taken from the clubs’ cash flow statements, as this is the only completely accurate source of data. However, it is worth noting that this does not always represent the full cost of transfers, due to the (increasing) use of stage payments.
In the very few cases where a cash flow statement was not available, e.g. if a club only published abbreviated accounts while they were in lower leagues, I have taken data for those years from the Transfermarkt website.
Read 24 tweets
@JackGrealish1’s 2018/19 season shortened down:

Wigan Athletic (H) Sat 11/8/18
Villa’s first home game of the season, was all about Jack. It was thought to be his last game at Villa Park before his big money move to Spurs. Emotional day full of “Super, Super Jack...”
Birmingham City (H) Sun 25/11/18
The first derby day of the season for Villa and Blues. We go 1-0 down early on but we keep faith and reply with a quick fire double, including a header from Super Jack. His first derby day goal, and - at the time - the best day of his life. Lad.
West Brom (A) Fri 7/12/18
Dean Smiths side travel down the road to the Hawthorns. An El Ronaldo double secures a quality away performance at one of the top teams in the league. But Villa are robbed at the death by a ‘Hand of Rod’ and Jack gets an injury which will last 83 days.
Read 8 tweets
Christian Purslow: “I could have never imagined what a fantastic honour it is to work at Aston Villa Football Club.” [@VillaLamp] #avfc
Purslow: “In the 9/10 months since I’ve been here, just to experience the depth and profound sense of identity Aston Villa has for all of it’s stakeholders, the players, the management, and most importantly its fans.” #avfc
Purslow: “We’ve got a lot to do, and it’s going to take a bit of time to do it. But we started the job and we intend to see it through.” #avfc
Read 30 tweets
Sheffield Wednesday have finally published their accounts for the 2017/18 season, when they finished 15th in the Championship. Manager Carlos Carvalhal left the club by mutual consent in December, to be replaced by Jos Luhukay. Some thoughts in the following thread #SWFC
As a technical point, it’s worth noting that #SWFC have changed their accounting close date from May 31st to July 31st, so the 2017/18 accounts covered a 14 month period, meaning a small £1.2m increase in turnover, but an additional 2 months of expenses.
#SWFC swung from a £20.8m loss to a £2.6m profit, entirely due to £38m once-off profit from selling the Hillsborough stadium. Revenue was only up £1.8m (8%) to £25.2m, while expenses surged £18m (41%) to £63m. Profit on player sales rose £1.7m to £2.3m.
Read 48 tweets
Sunderland’s 2017/18 financial results covered a second successive relegation. Having finished bottom of the Premier League in 2016/17, they repeated this feat in the Championship to drop into League One. Some thoughts in the following thread #SAFC
This was the last season under former owner Ellis Short before Stewart Donald bought the club in May 2018. Since then, the financial picture at #SAFC has greatly changed, but it is still instructive to look at these financials to understand the reasons for their fall from grace.
Following relegation #SAFC loss almost doubled from £10.2m to £19.9m, as revenue basically halved from £123.5m to £63.7m and profit on player sales fell £26.5m to £6.6m. Offset by once-offs: £8.2m profit on sale of Charlie Hurley Centre; no repeat of 16/17 £9.7m Alvarez payment.
Read 45 tweets
Championship clubs are concerned that the Premier League will not impose a points deduction on Aston Villa if they are found to have breached profit and sustainability rules. (Via The Daily Mail) #AVFC
Villa are among a number of clubs currently operating under a soft transfer embargo while the English Football League continue to assess their P and S submission. (Via The Daily Mail) #AVFC
High-level discussions are currently taking place between the EFL and the Premier League - discussions being led by the Football League's chair Debbie Jevans, amid concern that there could be lack of consistency in applying the appropriate sanctions. (Via The Daily Mail) #AVFC
Read 5 tweets
Although Derby County’s fans will be bitterly disappointed after losing to Aston Villa in the 2018/19 Championship play-off final, it might still be worth looking at their 2017/18 accounts to show how the club is trying to meet its financial challenges. Some thoughts follow #DCFC
#DCFC went from a £7.9m loss to £14.6m profit, mainly due to £40m from selling & leasing back Pride Park Stadium. Revenue was only up £0.6m (2%) to £29.6m, though this was the club’s highest in the Championship without parachute payments. Profit on player sales fell £12m to £4m.
Main reason for #DCFC revenue increase was an away FA Cup game at Manchester United, which meant match receipts were up £0.5m (5%) to £9.1m. Broadcasting also rose £0.2m (2%) to £8.1m, due to higher Premier League solidarity payment, but commercial was down £0.1m to £12.4m.
Read 46 tweets
With Aston Villa and Derby County facing each other in today’s Championship play-off final for promotion to the Premier League, let’s take a closer look at what has been described as the most lucrative match in world football. Some thoughts in the following thread #AVFC #DCFC
The Championship play-off winners will receive nearly £180m TV money over the next 3 seasons: at least £97m from the Premier League in 2019/20 (based on 20th place), then £78m parachute payments (2 years if relegated after one season in the PL) plus £5m EFL distribution.
The losers of the Championship play-off will receive around £20m over next 3 seasons: £13.5m Premier League solidarity payments (£4.5m a year) plus £6.9m EFL central distribution (£2.3m a year). So the difference between winning and losing this match is £160m (£180m less £20m).
Read 15 tweets
Brentford’s financial results for 2017/18 covered “yet another season of consolidation and progress”, when the Bees finished 9th in the Championship under head coach Dean Smith, their fourth consecutive top 10 place. Some thoughts in the following thread #BrentfordFC
#BrentfordFC loss widened from £1.0m to £3.9m, due to “increased football related costs”. Revenue was stable at £12.7m, due to ”similar on-pitch performance and attendance year-on-year”, while profit on player sales rose £1.3m to £14.1m.
#BrentfordFC revenue was flat at £12.7m, as ticketing income fell £0.4m (12%) to £3.1m, offset by increases in commercial, up £0.3m (15%) to £2.3m, and broadcasting, up £0.1m (2%) to £7.3m. Other operating income dropped £0.3m to £0.2m.
Read 39 tweets
Leeds United’s 2017/18 accounts covered the first season under owner Andrea Radrizzani, when they finished a “disappointing” 13th in the Championship, sacking two head coaches (Thomas Christiansen & Paul Heckingbottom), before appointing Marcelo Bielsa. Some thoughts follow #LUFC
#LUFC posted a £4.3m loss, compared to a £1.0m profit the previous season, despite revenue growing £6.6m (19%) from £34.1m to £40.7m and profit on player sales doubling from £9m to £18m, due to “investment in both player registrations and salaries and scouting expenses”.
The main reason for #LUFC £6.6m revenue growth was a £5.5m (33%) increase in commercial income to £21.8m (catering, merchandising and the Selby-Warrington boxing fight), though gate receipts also rose £1.1m (11%) to £11.3m. Broadcasting was flat at £7.7m.
Read 41 tweets
Aston Villa’s 2017/18 financial results covered their second season in the Championship with Tony Xia as chairman following relegation from the Premier League. They finished 4th, but narrowly missed out on promotion after losing in the play-off final. Some thoughts follow #AVFC
Following that defeat, #AVFC “experienced significant liquidity problems”, including a missed tax payment to HMRC, which led to a rescue by billionaire businessmen Nassef Sawiris and Wes Edens, who injected £68m of funding with NSWE SCS becoming the club’s controlling owners.
#AVFC loss increased by £21m from £15m to £36m, as revenue dropped £5m (7%) from £74m to £69m and profit on player sales fell £11m from £27m to £16m. On the other hand, the club received £3m compensation for HS2 rail project, which will go through part of the training ground.
Read 42 tweets
Wolverhampton Wanderers 2017/18 financial results covered a successful season, when the club was promoted to the Premier League as champions after a six-year absence, led by head coach Nuno Espirito Santo under the ownership of Fosun International. Some thoughts follow #WWFC
#WWFC loss shot up from £23m to a breathtaking £57m, largely due to increased expenditure on players and wages plus an estimated £20m on bonuses and additional transfer fee payments following promotion.
#WWFC revenue rose 11% (£2.6m) from £23.8m to £26.4m, as commercial increased £1.4m (15%) to £10.6m and gate receipts were up £1.3m (20%) to £7.8m, but broadcasting was flat at £8.0m. Profit on player sales was £5.9m higher at £8.1m.
Read 39 tweets
Aston Villa trading losses exceed £1 million a week in 2017/18 as holding company publish results. #AVFC
Villa parachute payments drop £8m but sponsorship up due to training ground deal #AVFC
Wages up £12 million to £73million as Villa count cost of John Terry and other loan deals but other employees count the cost as staff numbers fall by 270 #AVFC
Read 12 tweets
Preston North End’s 2017/18 financial results covered a season when they finished in an impressive 7th place in the Championship , just missing out on the play-offs. Alex Neil replaced Simon Grayson as manager in July 2017. Some thoughts in the following thread #pnefc
#pnefc made £2.6m profit before tax compared to a £0.4m loss the prior season, even though revenue fell very slightly (1%) to £13.3m. In contrast, profit on player sales increased £7.5m to £9.7m. Profit after tax up from £0.9m to £2.6m, as there was a £1.3m tax credit in 2016/17.
#pnefc £0.2m revenue decrease was due to falls in both match day, £0.3m (8%) to £3.4m, and commercial, £0.2m (6%) to £2.8m. This was partially offset by a £0.3m (5%) rise in broadcasting, due to a higher solidarity payment.
Read 37 tweets
Nottingham Forest’s 2017/18 financial results covered the first full season under the ownership of Evangelos Marinakis (80%) & Sokratis Kominakis (20%), who bought the club in May 2017 from Fawaz Al-Hasawi, when they finished 17th in the Championship. Some thoughts follow #NFFC
#NFFC reported a £6m loss before tax compared to a £32m the prior season, though the £38m drop is a bit misleading, as it was largely due to loan write-offs decreasing from £40m to £5m. Revenue rose £1.9m (9%) to £22.7m, but profit on player sales fell £4.7m to £10.1m.
#NFFC £1.9m revenue increase was due to more broadcasting revenue from the EFL, up £0.8m (10%) to £9.0m, and higher ticketing income, up £0.9m (14%) to £7.4m, as attendances grew by 21%. Commercial income was flat overall at £5.2m, while player loans rose £0.2m to £1.1m.
Read 36 tweets
Aston Villa Football Club Limited publishes losses of £32 million for 2017/18. Take these figures with extreme caution as exclude player wages and player transfer amortisation, which are in the accounts of parent Recon Group UK whose accounts are overdue #AVFC #SmokeAndMirrors
Villa income should be broadly correct for Group too. Gate receipts up due to playoffs. Broadcasting down £7m & likely to fall another £20m+ in 2018/19 as parachute payments taper. Sponsorship up due to training ground agreement
Wages for Aston Villa Football Club Ltd £6m excludes players in 2017/18. Recon Group in 2016/17 had wages of £61m including players.#AVFC
Read 6 tweets
Sheffield United’s 2017/18 financial results covered their first season back in the Championship after six years in League One, when they mounted an unlikely challenge for a play-off place before finishing a creditable 10th. Some thoughts in the following thread #SUFC
#SUFC reduced the loss from £5.7m to £1.9m, highlighting the “significant impact” of promotion. Revenue rose 76% (£8.7m) to £20.0m, but this was more than offset by the cost of operating in a higher division, as wages rose £8.9m (89%) to £19.0m & other expenses up £1.9m to £8.5m.
However, it is worth noting that #SUFC lower loss is essentially driven by higher profit on player sales, which rose £5.6m to £8.4m. If this is excluded, loss was actually larger in the Championship than League One. In addition, no repeat of prior season £0.6m player impairment.
Read 36 tweets
Middlesbrough’s 2017/18 financial results covered the season after relegation from the Premier League when they reached the Championship play-offs by finishing 5th before losing in the semi-finals. Tony Pulis replaced Garry Monk as manager in December. Some thoughts follow #Boro
Following relegation #Boro moved from a pre-tax £6.9m profit to a £6.4m loss, as revenue halved from £121m to £62m, though profit on player sales was up £4m to £15m. After tax, the decline was even steeper (from £11.5m profit to £6.6m loss), due to prior year’s £4.6m tax credit.
#Boro £59m revenue decline was very largely driven by broadcasting’s £55m fall from £102m to £47m, as the £42m parachute payment was much lower than Premier League £99m distribution. Commercial also decreased £2.9m (26%) to £8.3m and match day was down £1.6m (18%) at £7.1m.
Read 33 tweets
Queens Park Rangers 2017/18 financial results covered a season the club described as one “of rebuilding and reflection”, as they finished 16th in the Championship, after which manager Ian Holloway left to be replaced by Steve McClaren. Some thoughts in the following thread #QPR
#QPR loss significantly increased by £32m from £6m to £38m, largely due to booking a £20m FFP fine (for previous misdemeanours); a £15m reduction in the parachute payment driving a £17m (35%) decrease in revenue from £48m to £31m; and profit on player sales down £7m to zero.
All three #QPR revenue streams were down. As well as broadcasting slumping £15.1m (43%) to £20.2m, due to the lower parachute payment, commercial fell £1.2m (17%) to £6.3m, while gate receipts were £0.3m (6%) lower at £4.9m.
Read 36 tweets

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