Discover and read the best of Twitter Threads about #bristolcity
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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
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
#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.
#BristolCity 2019/20 financial results cover a season when they finished 12th in the Championship. Head coach Lee Johnson was replaced by Dean Holden in July 2020. Finances were impacted by COVID-19. Some thoughts in the following thread.
#BristolCity swung from £11m profit before tax to £10m loss, mainly due to profit on player sales falling £12m from £38m to £26m, while revenue dropped £3m (10%) from £30m to £27m and expenses rose £6m (10%) to £64m. After tax, £10m profit to £9m loss.
#BristolCity revenue decrease was mainly driven by commercial falling £2.3m (14%) to £13.9m, though match day also dropped £1.2m (21%) to £4.8m, as 5 games were played behind closed doors. On the other hand, broadcasting increased £0.5m (6%) to £8.6m.
#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.
I published a study last week on where Premier League clubs source their money and what they spend it on by reviewing the clubs’ cash flow statements over the last decade. Today I do a similar exercise on Championship clubs – where the picture is very different.
In the 10 years between 2008 and 2017 Championship clubs had over £2.8 bln of available cash with the vast majority of financing £2.5 bln coming from their owners (loans £1.9bln and shares £0.6 bln)
So an incredible 87% of Championship clubs’ cash came from owner financing with just 7% from operating activities. This is in stark contrast to the Premier League with 54% from operations and 42% from owners. There was also £41m from (net) player sales & £45m from bank balances.
#BristolCity recently published their 2017/18 financial results, which cover a season when they finished a respectable 11th in the Championship and had a memorable run to the Carabao Cup semi-final. Some thoughts in the following thread.
There was a substantial increase in #BristolCity loss before tax from £6.6m to £25.3m, despite revenue increasing £4.7m (22%) to £26m, mainly due to profit on player sales falling by £13.3m to just £0.3m and wages rising by £6.4m (30%) to £27.3m.
The good news was that all #BristolCity revenue streams were up: commercial by £2.2m (23%) to £11.6m; match day by £1.6m (32%) to £6.6m; and broadcasting by £0.9m (13%) to £7.7m.
Although the 2016/17 financial results for the Championship are now a season out-of-date, they are the most recent published by the clubs, so people might still be interested in the comparisons as the new season kicks-off. Some thoughts in the following thread.
In contrast to the Premier League, only 6 clubs in the Championship made money, led by #NFFC £32m & #BarnsleyFC £13m. In this very competitive division most clubs over-extend in a bid to reach the lucrative top flight. Largest losses at 2 promoted clubs: #NUFC £47m & #BHAFC £39m.
Some clubs’ figures impacted by significant exceptional items, so #NFFC (£40m) and #ReadingFC (£9m) were boosted by loan write-offs. In contrast, promotion bonuses adversely affected #HTAFC £12m, #NUFC £10m and #BHAFC £9m. Newcastle also booked £22m onerous contract provisions.
