Discover and read the best of Twitter Threads about #burnleyfc

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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
The Premier League has published its TV revenue for the 2018/19 season, ranging from £97m for #HTAFC to £152m for #LFC, who earned more than league winners #MCFC £151m, due to more matches broadcast live. Some thoughts in the following thread.
Each club receives equal shares for 50% of domestic TV £34.4m, overseas TV £43.2m and commercial income £5.0m. Each league position is worth £1.9m (merit payment), while each match broadcast live is worth £1.1m (on top of £12.2m for a minimum of 10 games).
#LFC Premier League TV money increased by £6.5m from £145.9m to £152.4m in 2018/19, due to a £3.6m higher merit payment (for finishing 2nd, compared to 4th the previous season) and £2.4m more from overseas TV deals. Benefited from most live TV games: 29 vs. #MCFC 26.
Read 14 tweets
Following my recent analyses of where Premier League and Championship clubs source their money and what they spend it on, I received many questions on how a cash flow statement works, so I will explain the mechanics (using Premier League season 2016/17) in the following thread.
Traditionally, supporters have focused on a club’s profit and loss account, which is not surprising, because: (a) that is what the media tend to report; (b) it is intuitively easy to understand, being basically revenue less expenses (mainly player wages).
Nevertheless, the reported figure is an accounting profit, which is not necessarily a “real” cash profit, as it is based on the accountant’s accruals concept and this can be very different from actual cash movements.
Read 43 tweets
THREAD: 🏴 #PremierLeague strength of schedule breakdown 📊

We rank each side on how many points they can expect to pick up from the next six games using our xG model 👇
1. #ManCity – 14.3 xPoints
City will face sides with an average position of just above midtable over the next six games, looking at average of 2.38 xPoints per game.

#MCFC @City_Watch @City_Chief @SuperbiaProeIia @PicturedCity @City_Xtra @9320pod 👇
2. #LFC – 13.2 xPoints
Liverpool look set to continue their good start to the season. Despite facing #MUFC, we make the Reds’ trip to #WatfordFC their hardest fixture.

@AnfieldEdition @AnfieldHQ @TheRedmenTV @LFCData @anfieldonline @BassTunedToRed 👇
Read 21 tweets
Burnley’s 2016/17 financial results covered a season when they finished 16th in the Premier League, thus securing consecutive seasons in the top flight for the first time since 1974, having been promoted from the Championship in 2015/16. Some thoughts follow #BurnleyFC
Following promotion to the Premier League #BurnleyFC converted a pre-tax £4.8m loss to £27.3m profit, as revenue tripled from £40m to a record £121m, though profit on player sales was down £11m to £1.3m. After tax, the club made a £22.2m profit, compared to a £3.7m loss in 15/16.
#BurnleyFC £81m revenue growth was very largely driven by broadcasting’s £75m increase to £105m, due to the much higher money in the Premier League (plus first year of new deal), while commercial also increased £4.9m (91%) to £10.4m and match day was £0.9m (18%) up at £5.8m.
Read 34 tweets

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