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The Premier League has published details of the TV payments to clubs for the 2021/22 season. These amounted to £2.5 bln, ranging from £153m for champions #MCFC to £101m for 20th placed #NCFC (the first time the bottom club got more than £100m).
The largest increases compared to the previous season came at #BHAFC, up £16m, and #AFC, up £11m. In contrast, three clubs received over £10m less than 2020/21: #LUFC £17m, #EFC £13m and #LCFC £11m.
Each of the 20 Premier League clubs received £87.5m as an equal share, coming from domestic rights £31.8m, overseas rights £48.9m and commercial revenue £6.8m.
Read 9 tweets
In football money often talks, i.e. success on the pitch is almost invariably reserved for clubs that have spent the most on wages and transfer fees. However, it might be interesting to see which clubs have performed the best (and indeed worst) relative to their budget.
This thread will therefore look at how teams in the Premier League in 2021/22 performed relative to their wages, combined wages/player amortisation and squad cost. This is not an exact science, but just a bit of fun, as there are a few caveats to an analysis of this type.
First, I have used financial figures from the most recent published accounts, i.e. from 2020/21, so these are a year out of date compared to 2021/22 league position. Moreover, the last figures available for the 3 promoted clubs are from the Championship, so are under-stated.
Read 27 tweets
Huddersfield Town’s 2020/21 accounts cover a season when they finished 20th in the Championship, thus narrowly avoiding relegation. However, matters on the pitch were much better last season, when Carlos Corberan’s team reached the play-off final. Some thoughts follow #HTAFC
Since these accounts, it has been reported that former owner Dean Hoyle has almost completed a takeover of #HTAFC by acquiring the 75% controlling stake he sold to Phil Hodgkinson in 2019. As Hoyle had kept 25%, he would have full ownership if the deal is finalised.
Hodgkinson’s main company had been placed into administration in November 2021, so there was concern that this would cause problems for #HTAFC, though the club was not directly affected. So, there has been much change, but the 2020/21 accounts are still of interest.
Read 42 tweets
Stoke City’s 2020/21 accounts covered a season when they finished 14th in the Championship under manager Michael O’Neill, one place better than the previous season, but the third year in a row they have finished in the bottom half of the table. Some thoughts follow #SCFC
#SCFC pre-tax loss narrowed from £88m to £10m, despite revenue falling £10m (19%) from £50m to £40m and profit on player sales decreasing £2m to £1m, as they made £33m profit on the sale of stadium and training ground. Operating expenses down £55m (39%). Loss after tax was £8m.
As a technical aside, these figures relate to Stoke City Holdings Ltd. The pre-tax loss in the football club was much higher at £43m, mainly because those accounts do not include the £33m profit from the sale of the stadium and training ground.
Read 45 tweets
Sheffield Wednesday’s 2020/21 accounts cover a season when they finished 24th in the Championship and were thus relegated to League One (after a 6-point FFP penalty). Manager Garry Monk replaced by Tony Pulis, then succeeded by Darren Moore. Some thoughts follow #SWFC
#SWFC loss slightly increased from £24m to £26m, as revenue nearly halved from £20.9m to £11.6m and profit from player sales fell from £6.2m to £0.6m, though these decreases were largely offset by a significant £14m (26%) reduction in expenses.
Due to COVID, #SWFC match day decreased 98% from £6.6m to £0.1m and commercial was down a third from £5.7m to £3.8m, while broadcasting fell £0.7m (8%) to £7.8m. Note: match day and broadcasting not separated in accounts, so I have estimated these based on similar sized clubs.
Read 44 tweets
🧵 I try to watch as much of the Chelsea Loanees as I can, but I can't watch every minute, so I reached out to one fan of every club with a Chelsea Loanee, to get the best opinion on their season...

Here we go: [A THREAD] 🪡
Nathan Baxter: 8.5/10

After starting as 2nd choice, Baxter came in & solidified a nervy defence.

Natural communicator, good with his feet & excellent shot-stopper, Baxter quickly became a fan favourite.

His ball playing ability, short & long, was crucial to our system. #hcafc
Nathan Baxter (continued): 8.5/10

Baxter has a great future.

He has the potential to become Chelsea No. 1 in the future, but I’m not sure how long he will wait. #CFC

He seems very ambitious & he wants to play. If he found the right club, I think he'd leave his boy hood team.
Read 29 tweets
Birmingham City’s 2020/21 financial results covered a season when they finished 18th in the Championship, a slight improvement on previous season’s 20th place. Head coach Aitor Karanka was replaced by Lee Bowyer in March 2021. Some thoughts in the following thread #BCFC
#BCFC loss narrowed from £18.2m to £4.8m, largely due to profit on player sales rising £15m to £27m, thanks to Jude Bellingham’s move to Borussia Dortmund. Revenue dropped £9.1m (40%) from £22.8m to £13.7m, due to COVID, partly offset by expenses falling £7m (14%).
COVID drove reductions in match receipts, down to zero from £4.7m, and commercial, which more than halved from £9.3m to £4.4m. In contrast, broadcasting rose £0.5m (5%) to £9.3m, while other operating income increased £0.3m to £1.8m, including £659k COVID grant.
Read 44 tweets
One of the fiercest debates amongst #ncfc fans throughout the season was, who deserved to start at LB? I decided to have a look into the data and settle it myself.

Data from top 5 league LBs with a minimum of 750 mins

Dimi Giannoulis = Yellow
Brandon Williams = Green

(Thread)
The more traditional view of judging a fullback is to first look at how they can defend. Due to Norwich being one of the weakest sides in their league their defenders were tasked with completing a large number of defensive actions so this was a vital metric for performance.
Surprisingly for many, DG came out on top for successful defensive actions per 90. This is perhaps due to the bias of fans to see BW throwing himself and being committed in duels to skew their impression of defence. DG quietly was more effective in his actions be it marginally.
Read 12 tweets
scoutreportrb.com/post/scout-rep…
A contract expiring this summer and many championship clubs being linked. Read to find out why I think Kasumu could be an exciting player to recruit👀

RTs and Feedback massively appreciated
(Data viz below)

#Mkdons #Swans #BristolCity #htafc #ncfc
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Read 4 tweets
Swansea City’s 2020/21 accounts covered a season when they finished 4th in the Championship, thus reaching the play-offs, but were beaten in the final by Brentford. Head coach Steve Cooper since replaced by Russell Martin. Some thoughts in the following thread #Swans
#Swans swung from a pre-tax profit of £2.7m to a loss of £4.6m, as revenue fell £22m (45%) from £50m to £28m and profit from player sales dropped £5m (30%) to £12m, partly offset by total expenses reducing by £17m (26%) and £3.3m insurance claim. Loss after tax was £4.1m.
The main reason for #Swans £22m revenue decrease was broadcasting, which dropped £17m (44%) from £39m to £22m, mainly due to lower parachute payment, though COVID also drove reductions in match day, down £3.0m (63%) to £1.8m, and commercial, down £1.8m (31%) to £4.1m.
Read 40 tweets
Newcastle United’s 2020/21 financial results cover a season when they finished 12th in the Premier League under head coach Steve Bruce, since replaced by Eddie Howe in November 2021. Disrupted by the COVID-19 pandemic. Some thoughts in the following thread #NUFC
This was the last set of accounts under Mike Ashley’s ownership, as the club was acquired in October 2021 by Saudi Arabia’s Public Investment Fund (80% stake), as well as PCP Capital Partners (10%) and RB Sports & Media (10%).
#NUFC pre-tax loss reduced from £26m to £14m, despite revenue falling £13m (8%) from £153m to £140m and profit on player sales dropping £24m to £2m, as operating expenses decreased £51m (25%), mainly due to change in accounting date. Loss after tax narrowed from £23m to £12m.
Read 52 tweets
Middlesbrough’s 2020/21 financial results covered a season when they finished 10th in the Championship under manager Neil Warnock, who has since been replaced by Chris Wilder in November. Some thoughts in the following thread #Boro
#Boro reduced their pre-tax loss from club record £36m to £31m, despite revenue dropping £4.9m (25%) from £19.4m to £14.5m, as other income rose £2.7m to £4.6m, operating expenses were cut £5.7m (10%) and profit on player sales rose £0.8m to £4.3m. Loss after tax was £27m.
#Boro revenue was “significantly” impacted by COVID, leading to reductions in gate receipts, down £4.5m (99%) to just £36k, and commercial, down £1.6m (26%) to £4.3m. However, broadcasting increased £1.1m (12%) from £9.0m to £10.1m, partly due to iFollow streaming.
Read 37 tweets
#CardiffCity 2020/21 financial results covered a season when they finished 8th in the Championship. Manager Neil Harris was replaced by Mick McCarthy in January 2021, since succeeded by Steve Morison In November 2021. Some thoughts in the following thread.
#CardiffCity pre-tax loss narrowed from £12m to £11m, as revenue rose £9m (20%) from £46m to £55m and operating expenses were cut £3m (4%), though profit on player sales fell £11m from £14m to £3m.
#CardiffCity broadcasting income rose £11m (31%) from £37m to £48m, as money deferred for games played after 2020 accounts offset lower parachute payments. Match day fell £2.5m (68%) from £3.7m to £1.2m, as games played without fans. Commercial slightly increased to £5.6m.
Read 42 tweets
#WatfordFC 2020/21 financial results covered a season when they finished 2nd in the Championship, securing immediate promotion back to the Premier League. Head coach Vladimir Ivic was replaced by Xisco, since succeeded by Claudio Ranieri and Roy Hodgson. Some thoughts follow.
Despite impact of relegation and COVID, #WatfordFC pre-tax loss reduced from £36m to £22m, even though revenue fell £63m (52%) from £120m to £57m, as profit on player sales shot up from £18m to £56m and expenses were cut £35m (21%). Other income included £2.5m insurance claim. Image
Main driver of #WatfordFC revenue decrease was broadcasting, down £45m (48%) from £95m to £50m, as TV deal is much more lucrative in the Premier League, though also big falls in commercial, down £13m (76%) from £17m to £4m, and match day, down £5.7m (78%) to £1.6m. Image
Read 43 tweets
Blackburn Rovers’ financial results for 2020/21 cover a season when they finished 15th in the Championship under Tony Mowbray (down from prior year 11th). Club described the campaign as “unprecedented”, due to the impact of the COVID-19 pandemic. Some thoughts follow #Rovers
#Rovers loss narrowed by £15.3m from £21.9m to £6.6m, mainly due to £13m profit from sale of training ground. Revenue rose £1.0m (7%) to £14.5m, but profit on player sales fell £2.5m to £0.6m. Expenses were cut £1.0m (3%), while other operating income rose £2.7m to £3.3m.
#Rovers revenue increase was driven by growth in broadcasting, up £2.1m (31%) from £6.8m to £8.9m, and commercial, up £0.8m (19%) from £4.0m to £4.8m, which offset the COVID driven reductions in match day, down £1.9m (71%) from £2.7m to just £0.8m.
Read 37 tweets
Southampton’s 2020/21 financial results covered a “mixed” season when they dropped from 11th to 15th in the Premier League, but reached the semi-finals of the FA Cup. Finances were significantly impacted by the COVID pandemic. Some thoughts in the following thread #SaintsFC
#SaintsFC pre-tax loss narrowed from £76m to £23m, as revenue rose £30m (24%) from £127m to £157m, profit on player sales increased £2m from £14m to £16m and operating expenses fell £25m (12%). Net interest payable was up £6m to £9m. Loss after tax was down from £62m to £15m. Image
#SaintsFC broadcasting revenue increased £43m (46%) from £93m to £136m, mainly due to money deferred from 2019/20 for games played after the accounting close, while commercial rose £2m (10%) to £21m. Offset COVID driven reduction in match day, down £14m (96%) to just £625k. Image
Read 40 tweets
Coventry City’s 2020/21 accounts covered a “very positive” season under manager Mark Robins, as they finished a creditable 16th to retain their Championship status after winning League One the previous season #PUSB
Coventry loss widened from £3.4m to £4.7m, which club said was “not unexpected”, due to increased investment in the squad after promotion. Revenue rose £6.7m from £5.1m to £11.8m, despite COVID impact, but expenses increased £6.5m and profit on player sales halved to £1.9m #PUSB Image
Coventry revenue increase was mainly due to higher broadcasting money in the Championship. This rose £7.2m from £1.7m to £8.9m, while commercial was also up £0.8m (44%) from £1.9m to £2.7m. Playing behind closed doors meant match day fell £1.2m from £1.5m to just £0.3m #PUSB Image
Read 37 tweets
#ReadingFC 2020/21 financial results covered a season when the #Royals finished 7th in the Championship, just missing out on the play-offs under Veljko Paunovic, since replaced by Paul Ince and Michael Gilkes (interim managers). Some thoughts in the following thread.
This was the fourth season that #ReadingFC were under the control of Chinese businessman Dai Yongge (and his sister Dai Xiu Li), who own 96% via Renhe Sports Management Co Ltd. However, in that time the club has struggled both on the pitch and with Financial Fair Play rules.
#ReadingFC loss narrowed from £42m to £36m, despite revenue dropping £4.0m (23%) from £17.8m to £13.8m and profit on player sales falling £0.9m to £0.7m, thanks to an £11.2m (18%) reduction in operating expenses from £61.3m to £50.2m.
Read 42 tweets
Queens Park Rangers 2020/21 financial results covered a season when they finished a creditable 9th under Mark Warburton, their highest in the Championship since 2013/14, though the campaign was badly disrupted by COVID. Some thoughts in the following thread #QPR
#QPR pre-tax loss narrowed from £16.4m to £4.5m, despite revenue falling £3.8m (21%) from £18.3m to £14.5m, as profit on player sales rose £11.7m to £17.6m and there was no repeat of prior year’s £4.5m write-off of previous training ground development.
#QPR £3.8m revenue reduction was entirely due to the COVID driven £3.8m fall in match day income from £4.0m to just £207k. Broadcasting rose £0.1m (2%) to £8.6m, including iFollow streaming income, while commercial was flat at £5.8m, thanks to furlough payments.
Read 41 tweets
Brentford’s 2020/21 financial results covered a “momentous” season when they were promoted to the Premier League following victory in the Championship play-off final and also reached the Carabao Cup semi-final. Some thoughts in the following thread #BrentfordFC
#BrentfordFC pre-tax loss slightly improved from £9.1m to £8.5m (£2.4m after tax), as profit from player sales rose £19m to £44m and revenue grew £1.4m (10%) from £13.9m to a club record £15.3m. Largely offset by operating expenses, up £22m (46%), including £12m promotion bonus.
#BrentfordFC revenue increase was driven by broadcasting, up £3.4m (47%) from £7.3m to £10.7m, partly due to deferred TV money from 2019/20, with commercial also up £0.9m (26%) to £4.5m, which offset COVID driven reduction in match day, down £2.9m (95%) to just £155k.
Read 43 tweets
Four Premier League clubs have now published their accounts for the 2020/21 season and it may surprise to many fans that two of them managed to increase their revenue in a season so badly impacted by the pandemic. This thread will explain the reasons, which are mainly technical.
West Ham reported significant (38%) revenue growth from £140m to £193m, while Chelsea also increased revenue by 7% from £407m to £435m. The other clubs saw relatively small revenue falls: Manchester United from £509m to £494m (3%) and Tottenham Hotspur from £392m to £360m (8%).
As almost all games were played behind closed doors without fans in 2020/21, match day income took a real pasting, with substantial reductions across the board: #THFC down from £95m to £2m, #MUFC from £90m to £7m, #CFC from £54m to £8m and #WHUFC from £23m to £1m.
Read 19 tweets
West Ham’s 2020/21 financial results covered a season when they finished 6th in the Premier League, thus qualifying for the Europa League, though it was “another difficult year” with finances significantly impacted by COVID. Some thoughts in the following thread #WHUFC
#WHUFC pre-tax loss reduced from £65m to £27m, as revenue rose £53m (38%) from £140m to £193m, while other operating income was up £3m to £5m, offset by profit on player sales falling £7m to £18m. There was growth in operating expenses £7m and net interest payable £4m.
#WHUFC broadcasting revenue virtually doubled from £83m to £163m, including deferred money from 2019/20, which offset COVID driven reductions in match day, down £22m (98%) to just £508k, and commercial, down £5m (16%) to £29m. Other income included £2.5m insurance claim.
Read 47 tweets
#BristolCity 2020/21 financial results cover a season when they finished a “disappointing” 19th in the Championship with Nigel Pearson replacing head coach Dean Holden in February. Owner Steve Lansdown described COVID-impacted losses as “horrific”. Some thoughts follow.
#BristolCity pre-tax loss widened from £10.1m to £38.4m, mainly due to profit on player sales falling £19.4m from £25.6m to £6.2m, while revenue dropped £10.5m (39%) from £27.2m to £16.7m. Only slightly offset by a small expenses decrease of £0.6m (1%) to £62.9m.
#BristolCity revenue decrease largely driven by COVID (games played behind closed doors & stadium lockdown), as commercial fell £6.1m (44%) to £7.7m and match day dropped £4.0m (85%) to £0.7m. Broadcasting also down £0.4m (5%) to £8.2m. Government grants up £1.0m to £1.6m.
Read 42 tweets
#Millwall 2020/21 financial results covered “a strong season, despite the challenges of the COVID-19 pandemic”, when they finished 11th in  the Championship and reached the fourth round of the FA Cup and third round of the Carabao Cup. Some thoughts in the following thread.
#Millwall pre-tax loss widened from £10.9m to £13.8m, largely due to revenue falling £3.9m (24%) from £16.4m to £12.5m, though operating expenses were up £0.7m (3%). Partly offset by profit on player sales increasing £0.6m to £0.7m and other income rising £1.2m to £2.1m.
#Millwall £4.0m revenue decrease was largely driven by match day falling £3.0m (67%) from £4.4m to £1.4m, as COVID meant games being played behind closed doors, while broadcasting also decreased £1.0m (11%) from £9.4m to £8.4m. Commercial income held steady at £2.7m.
Read 39 tweets

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