Discover and read the best of Twitter Threads about #LFC

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Bayern Munich 2018/19 accounts cover a mixed season. Domestically, they won the Bundesliga for the 7th season in a row, securing the league and cup double for the 12th time. However, they crashed out of the Champions League in the last 16. Some thoughts follow #FCBayern
#FCBayern profit before tax increased from €46m to €75m (profit after tax €52m). Revenue (per Bayern’s definition) rose €93m (14%) to €750m including €90m profit on player sales. The board described the figures as “outstanding”, as both revenue and profit set record highs.
Excluding player sales, #FCBayern revenue rose €31m (5%) from €629m to €660m, mainly due to TV, up €34m (20%) to €211m, though commercial was also up €8m (2%) to €357m. On the other hand, match day down €11m (11%) to €92m. Profit on player sales €62m higher at €90m.
Read 42 tweets
#Juventus 2018/19 accounts cover a season when they won the league (for the eighth year in a row), but were eliminated in the Champions League at the quarter-final stage by Ajax. Head coach Max Allegri left at the end of the season. Some thoughts in the following thread.
#Juventus pre-tax loss widened from €10m to €27m (€40m after tax), despite revenue growing €83m (20%) from €411m to €494m & profit from player sales rising €33m (35%) to €127m, due to significant cost growth of €130m. Revenue (club definition) up €117m to record €621m.
All #Juventus revenue streams increased. Commercial income rose €41m (28%) to €187m (largely the Ronaldo factor); match day was up €14m (25%) to €71m; broadcasting was €6m (3%) higher at €207m; and player loans shot up €22m to €30m.
Read 47 tweets
#ASRoma 2018/19 accounts cover a season that the owner James Pallotta harshly described as “a complete disaster”. They fell from 3rd to 6th in Serie A and exited the Champions League at the last 16 (compared to the semi-finals in 2017/18). Some thoughts in the following thread.
#ASRoma loss before tax improved from €18m to €15m, despite revenue falling €17m (7%) from €253m to €236m & €63m cost growth. Offset by profit on player sales rising €75m to €129m & other player management income up €11m to €15m. Loss after tax down from €25m to €24m.
#ASRoma revenue fell €17m (7%) to €236m, mainly due to less progress in Champions League: TV down €22m (13%) to €145m, match day down €5m (14%) to €34m. However, commercial was up €10m (21%) to €55m. Including player trading, revenue up €61m (19%) from €320m to €381m.
Read 41 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
One of PL's £1bn games (£1.082bn) in combined club revenues. #LFC doing rather better in profit terms over latest 5yr (14-18) of accounts than #MUFC (15-19). #Liverpool's financial improvement under FSG ownership and #ManUnited's declining cumulative economic profit trend #MUNLIV
@fcbusiness @utdarena @utdxtra @MUFR_ @ManDevilsUtd @MUnitedFR @FalseFMatt @DrRob_Wilson @Lasciencedufoot @vysyble #LFC's position may improve further following successful 18-19 UCL campaign. Third graphic shows comparative (and latest) revenue and economic profit profiles. #ManchesterUnited runs 2014-19, #Liverpool runs 2014-2018 #MANLIV #MUNLIV #MUFCLIV #SportBusiness
@fcbusiness @utdarena @utdxtra @MUFR_ @ManDevilsUtd @MUnitedFR @FalseFMatt @DrRob_Wilson @Lasciencedufoot @vysyble Last month, #ManUnited, which for many years has been among the world’s highest earning clubs, projected that revenues would be £560m-£580m this season, the first fall in income for more than a decade
Read 5 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
Four years of Jürgen Klopp at #LFC. A thread of my favourite quotes from exclusive interviews with him:

"I’m not a one-man show. I was never that in my life. For me, the best lesson you can get is to speak to smart people about things they know about much more about than you"
"I know football is all about success, but it’s also worth having a situation in 20 years when you can look back and think about the great times you had together in the development and learning period with hard work"
"It's always possible to improve together, it's always possible to get the next highlight. There are always sunny days, but you just have to make sure you are prepared to make the most of it."
Read 15 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
Absolutely no surprises with this XI. I think this is Klopp's 'big game' XI this season replacing Milderson+Gini from this time last year.

I had hoped Ox would get a sneaky start as I think his explosiveness in midfield would cause Jorginho an absolutely nightmare though.
What are your thoughts on this though Reds?


Chelsea XI is also interesting. Gutted Kante is fit for this - he ruined us in the Super Cup. Though think Gini will fare better than Milner did that day. Mount also makes it. Looks like he is reverting from a back 3 to a back 4 also.
Read 85 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
Given the importance of broadcasting income to football clubs, I thought that it might be interesting to look at the differences between the Big 5 European leagues, both in terms of the money received and the distribution methods. Some thoughts in the following thread.
Most of the Premier League TV money is distributed equally: 50% of the domestic deal, overseas deals and commercial revenue. Merit payment (25% of domestic) is based on league position, while facility fees (25% of domestic) are based on number of times club shown live on TV.
As a result, #LFC actually earned most TV money from the Premier League in 2018/19 with £152m, despite finishing behind #MCFC £151m in the league, as they were broadcast live on 3 more occasions than City. The three relegated clubs averaged around £100m.
Read 25 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
#LFC manager Jürgen Klopp is Germany's coach of the year and after spoke to the German magazine kicker about the goals this season.
"We are not the top favourite in the #ChampionsLeague. #ManCity are once again a favourite. They are very good. In the Premier League City are above everyone, they have a top combination with their coach and their squad," Klopp said.
Klopp likes to call his players mentality monsters but believes that van Dijk, in particular, still has room to grow. "He is world class but setbacks influence his game to much. Others handle that better like Alexander-Arnold and Robertson. They play their game no matter what.
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
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
There’s an element of #LUFC fans who approach the season with a glass empty mindset. They say we’ve failed to: Strengthen (CF/CH) replace Jansson. The “cup empties” consider #LUFC fans who view proceedings in Bielsa’s camp more dispassionately as Andrea Radrizzani-besotted.. (1)
“Happy clappers”. The “cup empties” allege that Radz is trousering transfer money, he’s not spent a penny, is asset-stripping and so on and so forth. They also claim that Bielsa is overtraining the players, hence all the injuries last season and going into this season. (2)
Here is what many of us see: Ben White is Bielsa’s direct replacement for Jansson and a better fit for #BielsaBall, like swapping out Gordon McQueen for Alan Hansen. #LUFC are stronger offensively because of the dimensions White brings with possession from the back. (3)
Read 16 tweets
Here's where I stand on not reinforcing the #LFC squad.
We got 97 points last season but didn't win the EPL because we're competing with one of the greatest club sides ever.
We also got 97 points through a series of positive skews that don't happen or align every season. Namely:
Availability of best players
Set plays/Penalties
Outrageous winning goals (Everton, Spurs)
Purple patch finishing (mane, Origi)
But even with all those positive skews, it only took a minor run of stodgy attacking form in Jan/Feb to drop the points that saw us eventually end up behind City. Hell, even the defence wobbled for a couple of games.
Read 7 tweets
As the 2018/19 Premier League season approaches, I thought that it might be interesting to look at the impact of the new three-year TV deal on clubs’ revenue, particularly the changes in the distribution system for the overseas TV deals. Some thoughts in the following thread.
As a reminder, in 2018/19 each club received equal shares for 50% of domestic TV £34m, overseas TV £43m and commercial income £5m. Each league position was worth £1.9m (merit payment), while each match broadcast live was worth £1.1m (on top of £12.2m for a minimum of 10 games).
Therefore, each club received a total of £82m from equal payments with the only differences in Premier League TV distribution due to: (a) league position, ranging from #MCFC £38m to #HTAFC £2m; (b) live TV games, from #LFC £33m to £12m for #AFCB, #HTAFC, #SaintsFC and Watford.
Read 26 tweets
As Arsenal fans nervously await the outcome of this summer’s transfer window, I thought it might be interesting to look at why the club is facing more financial challenges these days. Some thoughts in the following thread #afcb
On the face of it, #AFC are doing fine, having reported profits for 16 consecutive years, adding up to a grand total of £393m, averaging £25m a year. Furthermore, Arsenal’s profits in the last two years were a healthy £70m in 2017/18 and £45m in 2016/17.
In fact, #AFC £70m profit before tax in 2017/18 (the most recent published accounts) was actually the fifth highest ever registered in the Premier League, though it is worth noting that this was comfortably surpassed by two rivals that season: #THFC £139m and #LFC £125m.
Read 40 tweets
German broadcaster ZDF released a documentary about Jürgen Klopp last month. There are no English subtitles for the video as far as I can tell, so here are some translated quotes for anyone interested. #LFC
I sat here for literal hours translating this shite so please give me a cheeky RT, a follow or, if ya fancy it, a million dollars thx x
Narrator: "He (Klopp) was never truly 'gone' even though he left the Bundesliga 4 years ago. The most popular face of German football - Jürgen Klopp, manager of LFC, is at the heart of a modern-day football fairytale."
Read 55 tweets
🤣🤦🏻‍♀️💪🏻(THREAD)

FORGOT I HAD THIS!

Over the last 6 months, if someone said Liverpool would win nothing or Klopp was rubbish, I sometimes saved the link to their tweet in my drafts for a later date...

To all 15 or so in this thread... You ain’t so cocky now 😉#LFC #YNWA #6Times
Hi James! It’s June now and I still haven’t received your screenshot? Everything okay? #LFC #YNWA

Hi Chris! Just checking you remember the Saturday before last and who won? #LFC #YNWA

Read 21 tweets

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