Discover and read the best of Twitter Threads about #Atleti

Most recents (24)

#FCBarcelona have announced the signing of Rapinha from #LUFC for €58m, while a deal to acquire Robert Lewandowski from Bayern Munich for €50m is agreed in principle. The question is how can they possibly afford these players, given their well-documented financial problems?
Only last month president Joan Laporta compared #FCBarcelona to a patient who “was practically dead in financial terms”, while the vice-president for finance Eduard Romeu said that €500m was needed “to save the club”.
This was not surprising, given the magnitude of #FCBarcelona’s financial issues. Although things have moved on since the most recent accounts for the 2020/21 season, it’s worth reviewing these to explain why so many fans are scratching their head at this summer’s spending.
Read 47 tweets
There have been a few analyses of football club debt published recently, which are at best misleading, if not downright incorrect. So it’s once again time to wheel out my explanation of why debt figures should be treated with caution, as there are so many different definitions.
For the purpose of this review I will take the 2020/21 audited accounts of those clubs featuring in the Deloitte Money League (with the exception of Zenit St Petersburg, where I have not managed to source the details).
At the narrowest extreme, we have just bank debt, but the broadest extreme covers total liabilities, which includes all financial obligations, including transfer debt, staff payables, tax liabilities, trade creditors, provisions, accrued expenses and even deferred income.
Read 39 tweets
UEFA has published the revenue distributions for the Champions League and Europa League in the 2020/21 season. Although these are very close to the modelled figures that I have previously provided, I thought some people might like to have the final, official figures.
Unsurprisingly, the two Champions League finalists earned the most with winners #CFC and #runners-up MCFC receiving £105m and £104m respectively, followed by #RealMadrid and #PSG, both £96m, then #FCBayern £81m and #LFC £77m.
Clubs in the Europa League received a lot less with winners #Villarreal getting only £29m, followed by semi-finalists #AFC £26m and #ASRoma £21m, then #THFC £16m. Runners-up #MUFC earned £15m after dropping down from the Champions League, while #LCFC got £14m.
Read 22 tweets
A year ago 12 clubs announced a European Super League (ESL) before fan protests led to a humiliating climbdown just days later. However, the factors that drove the 12 clubs to this deeply unpopular move largely remain. It’s still all about money: a combination of fear and greed.
There is little doubt that many of the 12 Super League clubs continue to face serious financial problems. To some extent, this helps explain why the “dirty dozen” would seek more revenue, but that certainly does not excuse their horribly ill-conceived plan.
It is somewhat ironic that these clubs lamented the perilous state of their finances while simultaneously claiming that they had all the answers. Their argument that the Super League would somehow benefit the wider football family should also be taken with a large pinch of salt.
Read 46 tweets
Quick financial comparison of the clubs in this week’s Champions League quarter-finals. This is based on the most recent 2020/21 accounts, which were significantly impacted by COVID (with nearly all games played behind closed doors), but the differences are still instructive.
Based on revenue, a couple of ties appear to be mismatches, namely #FCBayern vs Villarreal and #LFC vs Benfica, while #MCFC also have a big advantage against #Atleti. The closest game on paper is #RealMadrid against #CFC.
It’s a similar story for wages where #FCBayern and #LFC pay almost four times as much as Villarreal and Benfica, while #MCFC wage bill is over £100m more than #Atleti. Interestingly, #RealMadrid and #CFC have almost identical wage bills.
Read 5 tweets
Deloitte have published the 25th edition of their annual Football Money League, which ranks the world’s leading football clubs by revenue, this time covering the 2020/21 season. Some thoughts in the following thread.
Deloitte said that the Money League remains “the most contemporary and reliable independent analysis of the top clubs’ relative financial performance”, which is largely true, even though they had to re-issue this year’s report after initially mis-stating #Milan revenue.
Revenue has obviously been significantly impacted by COVID-19. Deloitte estimate that the Money league clubs have missed out on well over €2 bln of revenue over the 2019/20 and 2020/21 season as a result of the pandemic.
Read 51 tweets
No pienso que los jugadores le estén haciendo la cama al Cholo. Para eso hace falta liderazgo y cohesión y eso no existe en la plantilla. Y los capitanes están a muerte con Simeone. Olvídense.
Dicho esto, sí quiero dar mi impresión de lo que le pasa al #Atleti y seré crítico
con el Cholo, a pesar de seguir opinando que es el mejor entrenador para esta plantilla, pero la plantilla no es la mejor para este entrenador. Me explico.
-Para empezar, que el ejercicio pasado se ganara la Liga es algo que hay que superar para crecer. Son otras circunstancias
-La plantilla está muy mal configurada. Al inicio falta un lateral izquierdo, un cinco y un 9. Se trae un interior como De Paul y dos mediapuntas como Cunha y Griezmann. Resultado, no resuelves tus carencias y acumulas jugadores en puestos sobredimensionados.
Read 16 tweets
Given the importance of wage bills to the likely success of football clubs, I thought that it would be interesting to look at wages for the Big 5 European leagues in the 2019/20 season (the most recently published accounts). Some thoughts in the following thread.
As a technical note, I have converted wages from Euro denominated leagues to GBP using the 1.14 exchange rate from the Deloitte Money League. To facilitate comparison, I have provided figures for each league in both Euros and GBP, though the overviews are only in GBP.
In England the highest wage bill in 2019/20 was #MCFC £351m, followed by #LFC £326m, #MUFC £284m, #CFC £283m, #AFC £225m and #THFC £181m. It is worth noting that some clubs’ figures were inflated by changing their year-end date, which meant the accounts covered 13 months.
Read 19 tweets
Paris Saint-Germain’s signing of Lionel #Messi from #FCBarcelona has come as a major surprise to the footballing world. This thread will look at the financial implications and explain how #PSG are likely to still be able to meet UEFA’s Financial Fair Play (FFP) targets.
Despite a €99m (15%) fall in revenue in 2020, partly due to the COVID pandemic, #PSG wage bill still rose €43m (12%) to €414m, the club’s highest ever. This was more than 3 times as much as the closest challenger in France, Lyon with €132m, representing 29% of Ligue 1 wages.
#PSG €414m wage bill is the second highest in Europe, only surpassed by #FCBarcelona €443m (before their La Liga salary cap challenges), but more than clubs like #MCFC €401m, #RealMadrid €378m, #LFC €371m, #FCBayern €340m, #MUFC €324m and #CFC €323m.
Read 50 tweets
No sooner had a European Super League (ESL) been announced than the plans were shelved, at least for the time being, but what were the factors that drove the 12 breakaway clubs to this deeply unpopular move? As usual, it was all about money, a combination of fear and greed.
Whether football is broken is debatable, but there is little doubt that many of the 12 Super League clubs are facing serious financial problems. To some extent, this helps explain why the “dirty dozen” would seek more revenue, but does not excuse this horribly ill-conceived plan.
You don’t have to look too far to see the seriousness of the financial predicament with pre-tax losses of the 12 ESL clubs adding up to a worrying £667m, even before #LFC announce their results. Three of them lost more than £100m: #Milan £169m, #MCFC £125m and #FCBarcelona £112m.
Read 49 tweets
[THREAD] La capolista de #LaLiga, nel momento più buio della stagione, ha trovato 6 punti d'oro contro due avversarie abbordabili
Ma rimangono 6 punti d'oro per un #Atleti al limite delle forze e con tante assenze
#AtletiHuesca Image
#Simeone ha scelto un 4-3-3 asimmetrico con #Llorente-#Correa-#Carrasco in attacco, anche se la squadra ha presentato la classica fluidità nelle due fasi
Per esempio in fase di pressione alta, #Saul si alzava sul braccetto dx con #Carrasco sull'esterno e Renan #Lodi più prudente Image
Read 15 tweets
E beh, ora il #Barca vorrà rispondere giustamente
Con il ritorno di #Pique stabile #DeJong avanzato in mediana e attacco a due #Messi-#Griezmann, panchinato #Dembele
#BarcelonaGetafe ImageImage
Vabbè #Messi inizia la partita così
Complimenti ragazzo
#BarcaGetafe
#Messi ha cacciato due giocatone nei primi 8 minuti: stasera ci si diverte
Gol esteticamente appagante
#BarcaGetafe
Read 9 tweets
After news of the European Super League broke, the estimated earnings of clubs from the Big Five leagues in the 2020/21 Champions League might seem a little bit “after the Lord Mayor’s show”, but here’s an analysis up to the semi-finals in any case.
I should emphasise that these figures can only be considered as indicative. They are based on UEFA’s revenue distribution guidelines, but also include estimates for the TV pool and rebates to broadcasters following losses caused by the COVID-19 pandemic.
Based on my assumptions, the top 10 TV earnings from the Champions League up to the semi-finals are: #PSG €109m, #RealMadrid €109m, #MCFC €104m, #CFC €101m, #FCBayern €92m, #LFC €88m, #FCBarcelona €84m, #Juventus €82m, #BVB €78m and #Atleti €74m.
Read 20 tweets
#SevillaFCAtleti è decisiva per #LaLiga con il #Barcelona spettatore interessatissimo ImageImage
#Oblak ne ha preso un altro: rigore di #Ocampos letteralmente divorato dal portierone sloveno
#SevillaAtleti
L'assenza di #Carrasco si sta facendo sentire pesantemente: Renan #Lodi è poco propositivo ma anche poco proattivo in fase difensiva perché si fa attaccare tanto e in maniera passiva
#SevillaFCAtleti
Read 14 tweets
Il #RealMadrid vuole continuare la sua rincorsa difficile all'#Atleti e la partita contro il #CeltaVigo è un bel banco di prova
#CeltaRealMadrid
Avvisate i difensori del #CeltaVigo di entrare in partita perché non continueranno a venir perdonati
#CeltaRealMadrid
Manca #Isco rispetto alla settimana scorsa e il pressing #RealMadrid si alza di efficacia
#CeltaRealMadrid
Read 11 tweets
[THREAD] Ieri sera, prima di #PSGbarca, altra vittoria fondamentale per l'#Atleti che nell'ultimo recupero che gli spettava supera per 2-1 un lanciato e insidioso #AthleticClub con una gran prova di squadra
#AtletiAthletic
L'#Atleti ha aggredito la partita con grande determinazione e cattiveria spaventando l'#AthleticClub con un pressing molto aggressivo e organizzato e una circolazione di palla a due tocchi
Qui dobbiamo fare un focus su #Koke: oltre a essere il lucchetto difensivo di #Simeone, il capitano è indispensabile per far circolare palla
Qua lo troviamo sulla dx ad associarsi con #Llorente, #Trippier e #Lemar
Read 20 tweets
C'è tutto perché sia un gran bel derby: sono tornati in molti (#Trippier, #Benzema tra gli ultimi)
E #Zidane e #Simeone possono mettere delle formazioni decisamente simili a quelle titolari
#AtletiRealMadrid ImageImage
#Atleti avanti sull'asse #Llorente-#Suarez: e chi se non loro
E il pistolero decide di tirare fuori il colpo più classico del suo repertorio con l'esterno
#AtletiRealMadrid
Vantaggio tra l'altro meritatissimo perché l'#Atleti ha messo in campo una partita dalle idee chiarissime: pressione alta e riaggressione mixata con un'attenta difesa bassa posizionale
#AtletiRealMadrid
Read 13 tweets
[THREAD] #RealMadridRealSociedad è finita con un pareggio (giusto) per 1-1 che favorisce l'#Atleti nella corsa al titolo e accontenta #Villarreal e #RealBetis che vedono la #RealSociedad guadagnare solo un punto, riacciuffata nel finale da #Vinicius
Dopo un periodo complicato la #RealSociedad è tornata a giocare meglio e a raccogliere i frutti del suo lavoro rimanendo imbattuta ne #LaLiga dal 9 gennaio
La squadra di #Alguacil continua a essere una delle mie preferite per come sfrutta la superiorità numerica a centrocampo
Due esempi dai primi minuti del secondo tempo di ieri (favoriti anche dalla disorganizzazione del #RealMadrid)
#Isco e #Mariano sono la prima linea di pressione con #Mendy che si alza su #Gorosabel e #Modric su #Zubimendi
Read 15 tweets
#RealMadrid ancora falcidiato, ma deve vincere per tenere il passo di #Atleti e #Barcelona
E stasera la #RealSociedad si presenta al completo
#RealMadridRealSociedad
0-0 ma bella partita, tattica ma anche con discreto ritmo, a fiammate
Occasioni migliori per il #RealMadrid ma la #RealSociedad ha costruito diverse azioni interessanti
#RealMadridRealSociedad
#RealSociedad partita molto bene nel secondo tempo sfruttando tanti movimenti tra le linee
#RealMadridRealSociedad
Read 9 tweets
Deloitte have published the 24th edition of their annual Football Money League, which ranks the world’s leading football clubs by revenue, this time covering the 2019/20 season. Some thoughts in the following thread.
The 2019/20 season was impacted by the COVID-19 pandemic, leading to a £1.0 bln (12%) fall in revenue of the top 20 Money League clubs from £8.2 bln to £7.2 bln. Broadcast and match day fell £822m (23%) and £227m (17%) respectively, though commercial rose £87m (3%).
In terms of Euros, match day fell €257m (17%) from €1.5 bln to €1.2 bln, driven by matches either being cancelled or played behind closed doors without fans. Match day revenue is largely derived from gate receipts (including ticket and corporate hospitality sales).
Read 48 tweets
#FCBarcelona recent accounts revealed major debt challenges, but they also highlighted some issues around different definitions of debt, so this thread will take a look at these using 2019/20 accounts from selected clubs and explain why Barca might have more problems than others.
Note: the clubs covered in this review are just a few of those that have already published accounts for the 2019/20 season, so it is not a ranking table as such, but there is enough detail here to illustrate the points made.
At the narrowest extreme, we have just bank debt, but the broadest definition covers total liabilities, which includes all financial obligations, including transfer debt, staff payables, tax liabilities, trade creditors, provisions, accrued expenses and even deferred income.
Read 32 tweets
This thread will look at debt at football clubs, focusing on the Premier League Big Six. The fundamental question is whether this debt is too high, but the answer is complicated by the numerous definitions of debt, all of which can be valid #AFC #CFC #LFC #MCFC #MUFC #THFC
At the narrowest extreme, we have just bank debt, but the broadest extreme covers total liabilities, which includes all financial obligations, including transfer debt, tax liabilities, trade creditors, provisions for future losses, accrued expenses and even deferred income.
The net debt reported in an English club’s financial statement is in line with IFRS (International Financial Reporting Standards) and essentially covers purely financial obligations, such as overdrafts, bank loans, bonds, shareholder loans and finance leases less cash.
Read 46 tweets
Deloitte’s annual Football Money League has become essential reading, but it only ranks the world’s leading football clubs by revenue. The following thread adds details for expenses, profits and balance sheet for an “enhanced” version of the money league.
First, we will include some handy one-pagers that include the details for the Top 20 Money League clubs, both in Sterling and Euros. Then, we will drill into each of these in turn to highlight how each club has performed in various categories (only in Sterling).
The revenue overview includes details for each revenue stream (match day, broadcasting and commercial) with broadcasting further split between domestic and UEFA competitions. Other revenue is mainly player loans that are not always included in the Deloitte definition of revenue.
Read 39 tweets
Following yesterday’s UEFA Champions League final, I can update the estimate for the 2019/20 revenue distributions. We will also explain how #PSG are likely to receive more money than #FCBayern, even though they were defeated on the night.
Based on my assumptions, the top 10 TV earnings from the Champions League will be as follows: #PSG €134m, #FCBayern €130m, #FCBarcelona €104m, #MCFC €99m, #Atleti €95m, #TeamOL €89m, #Juventus €87m, #RealMadrid €84m, #CFC €81m and #LFC €80m.
Looking at how Champions League revenue is distributed in the current cycle, the importance of the UEFA coefficient is evident. TV pool is much less important than it was before. This rewards historically successful clubs rather than those with larger national TV rights deals.
Read 11 tweets

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