Discover and read the best of Twitter Threads about #cfc

Most recents (24)

Wolverhampton Wanderers 2018/19 financial results covered a “successful” season, when they finished 7th in their first season back in the Premier League since 2012, reached the FA Cup semi-final and qualified for the Europa League. Some thoughts in the following thread #WWFC
Since being bought by Chinese investment group Fosun International in July 2016, #WWFC is a club transformed, helped by a close relationship with super-agent Jorge Mendes. Under charismatic manager Nuno Espirito Santo, Wolves can realistically compete for European qualification.
#WWFC swung from £57m loss before tax in the Championship to £20m profit in the Premier League, a £77m improvement, as revenue surged from £26m to a club record £172m and profit on player sales was up £4m to £12m, though costs also increased significantly in the top flight.
Read 40 tweets
A thread on #ManCity's financials...

Revenue growth has been a straight-line trend since 2009. With #UEFA's #UCL ban and fine, we expect annual revenue to drop below £500m for 2021-22. 1/7
Staff costs trend has been tempered by formation of City Football Group and the assumed transfer of some #MCFC costs into the new holding Co. #ManCity currently run 2nd-highest staff costs in English football behind #MUFC (£315.26m vs £332.30m). 2/7
#ManCity's revenue split highlights low Matchday take relative to Commercial/TV income. #MUFC Matchday ££ is 17.67% (£110.80m) of revenue vs #MCFC's £55.01m (10.28%). #UEFA TV payments over last 4 yrs averaged £62.94m based on performance etc. Current TV revenue £252.18m. 3/7
Read 7 tweets
West Ham’s 2018/19 financial results covered a season when they finished 10th in the Premier League and were eliminated in the 4th found of both the FA Cup and Carabao Cup. Manuel Pellegrini replaced David Moyes as manager in May 2018. Some thoughts in the following thread #WHUFC
#WHUFC swung from £18m profit before tax to a £28m loss, a £46m deterioration, despite revenue rising £15m (9%) to a club record £191m, as profit on player sales fell £17m to £13m and investment in the squad led to a £45m increase in expenses.
The main driver of #WHUFC £15m revenue increase was broadcasting, which rose £9m (7%) to £127m, due to a better Premier League position. There was also useful growth in the other revenue streams: commercial was up £4m (12%) to £36m, while match day was up £3m (11%) to £27m.
Read 41 tweets
As seen in the recently published UEFA revenue distributions, a lot of money can be earned from European competitions, especially after the 54% increase in TV money in the 2018/19 Champions League. This thread looks at the impact on English clubs in more detail.
UEFA TV money earned by English clubs increased by a third (£105m) in 2018/19 from £322m to £427m, split between £352m from the Champions League and £75m from the Europa League. In fact, their European revenue has more than tripled in just four years – from only £129m in 2015.
UEFA TV money is denominated in Euros, so there is an impact from exchange rates movements, a “Brexit bonus” if you will, as Sterling has weakened against the Euro from 1.34 to 1.13. However, the difference is not that material with the exception of 2015 and 2016.
Read 37 tweets
Everton’s 2018/19 financial results covered a season when they finished 8th in the Premier League for the second year in a row. Marco Silva replaced Sam Allardyce as manager in May 2018 #EFC
As a technical point, it’s worth noting that #EFC changed their accounting close date from May 31st to June 30th, so the 2018/19 accounts covered a 13 month period with little impact on turnover, but an additional month of expenses, which adversely impacted the bottom line.
#EFC loss shot up from £13m to a club record £112m, as revenue fell slightly (1%) to £188m, still second highest in club’s history, despite dropping out of the Europa League, and profit on player sales fell £68m to £20m, while player investment meant expenses increased by £46m.
Read 50 tweets
Deloitte have published the 23rd edition of their annual Football Money League, which ranks the world’s leading football clubs by revenue, this time covering the 2018/19 season. Some thoughts in the following thread.
Barcelona £741m overtook Spanish rivals Real Madrid £667m to claim top spot for the first time, becoming the first club to break through the £700m barrier. #MUFC £627m and Bayern Munich £582m retained 3rd and 4th ranking, while PSG £560m (5th) and #MCFC £538m (6th) swapped places
There are no fewer than five English clubs in the top ten, also including #LFC £533m, #THFC £459m, and #CFC £452m. However, #AFC £393m dropped two places to 11th, their lowest position since 2000/01. Lyon and Napoli were new entrants to the top 20, replacing Milan and #NUFC.
Read 39 tweets
Chelsea’s 2018/19 financial results covered a season when they finished 3rd in the Premier League, thus qualifying for the Champions League, won the Europa League and reached the League Cup final. Coach Maurizio Sarri replaced by Frank Lampard in July. Some thoughts follow #CFC
#CFC swung from £67m profit before tax to a £102m loss a huge £169m deterioration. Although revenue slightly increased by £3m (1%) to a record £447m, the damage was done by profit on player sales falling £53m to £65m and expenses rising by a hefty £119m. Loss after tax was £97m.
Commercial income increased £15m (9%) from £165m to £180m, but there were reductions in the other revenue streams, mainly due to impact of playing in Europa League instead of Champions League: match day down £7m (10%) from £74m to £67m and broadcasting £4m (2%) lower at £200m.
Read 44 tweets
Mourinho: “Yesterday I was watching the ​Liverpool match, and I think I was watching the best team in the world, in this moment. And then I google it, just to confirm, Jürgen [Klopp] arrived October 2015. October 2015. 16, 17, 18, 19 and now 20.” #CFC #GetFrankThePlayersHEWants
Mourinho on Liverpool: “I think 8 transfer windows. I think lots of players leaving, lots of players coming. And even more important than that, time for him to put his philosophy, to put his training methods, to put his fingerprint [on the club].” #THFC #LFC
Mourinho: “Beautiful results as a consequence of fantastic work, step by step, phase by phase. I think in the 1st season they finish something like 6th or 8th or something like that and 4 years later they are not just world champions, I think they are the best team in the world”
Read 3 tweets
UEFA have now published the final payments to clubs for 2018/19 European competitions. In the following thread, I will first look at the Champions League distribution, then the Europa League and finally payments by country (with a focus on the Big Five leagues).
In 2018/19 each of 32 clubs qualified for Champions League group stage got €14.5m plus €2.7m for a win and €900k for a draw. Additional prize money for each further stage reached: last 16 €9.5m, quarter-final €10.5m, semi-final €12m, final €15m and winners €19m.
#FCBarcelona had the highest 2018/19 Champions League payment of €118m, but English clubs received four of the top six distributions: winners #LFC €111m, runners-up #THFC €102m, #MUFC €93m and #MCFC €93m. #Juventus were 4th with €96m and #PSG 7th with €86m.
Read 41 tweets
Why is it called “STAMFORD BRIDGE”?

On 18th-Century maps showing the Fulham Road and King's Road area, there is a stream called 'Stanford Creek' which runs along the route of the present-day railway line behind the East Stand. It flowed down into the Thames.

#190FIVE #CFC
Where the stream crosses the Fulham Road it is marked 'Little Chelsea Bridge' - which was originally called Sanford Bridge (from sand ford) - while a bridge over the stream on the King's Road was called Stanbridge (meaning ‘stone bridge’).

#190FIVE
These two bridge names plus that of the stream (‘Stanford Creek') together evolved into the name ‘Stanford Bridge’, which again changed into ‘Stamford Bridge’, to become the adopted name of our stadium.

The bridge taking the Fulham road over the railway remains today.

#190FIVE
Read 3 tweets
Now that the Champions League group stage is over, I thought it might be interesting to look at how much money the clubs have already received. Spoiler alert: it’s a hell of a lot. Some numbers in the following thread.
The amount distributed to clubs in UEFA Champions League (group stage onwards) has risen €681m (54%) from €1.269 bln to €1.950 bln in the current cycle. This is split: participation €488m (25%), performance €585m (30%), TV pool €292m (15%) & coefficient ranking €585m (30%)
In 2019/20 each of the 32 clubs qualified for the Champions League group stage gets €15.25m plus €2.7m for a win and €900k for a draw. Additional prize money for each further stage reached: last 16 €9.5m, quarter-final €10.5m, semi-final €12m, final €15m and winners €19m.
Read 26 tweets
Manchester City’s 2018/19 financial results covered an “extraordinary” season when they won the domestic treble of Premier League, FA Cup and Carabao Cup, though were eliminated in the Champions League quarter-finals by Tottenham. Some thoughts in the following thread #MCFC
#MCFC profit before tax was flat at £10m, despite revenue rising £35m (7%) from £500m to a record high of £535m, as the revenue growth was offset by costs increasing by the same amount. Profit on player sales was also unchanged at £39m.
#MCFC revenue growth of £35m was entirely due to broadcasting, which increased £42m (20%) from £211m to £253m with Champions League up £31m (57%) to £86m and domestic TV up £11m to £167m – due to a combination of success on the pitch and new deals.
Read 49 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
Mourinho: “You look at the reality of the performance and the reality of the result, you look at the numbers – Liverpool is 10 points ahead of Chelsea. ‘So let’s make it clear and objective: Chelsea is not going to fight for the title.’” #CFC
Mourinho: “So let’s support what looks like is their philosophy which is to give time for the team, for the players, for the manager, to grow together.” (Sky) #CFC
Mourinho: “I think it shows that people are ready for what this season is going to be for them.
These people are ready to support one of the best professionals I’ve ever worked with & a manager with potential. I think they’re ready to accept what this season is going to be” #CFC
Read 4 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
Depuis la sortie médiatique de Lilian Thuram sur le racisme dans le football, interview issu d’un média italien, tout le monde lui est tombé dessus le taxant de «raciste anti-blanc». 1/13
Dans les heures et les jours qui ont suivi, de nombreux «spécialistes» sont intervenus sur les plateaux TV affirmant l’existence réelle et fondée d’un racisme anti-blanc. 2/13
Je vous passe les arguments merveilleux et objectifs d’un célèbre chroniqueur d’une chaîne cryptée, affirmant que si son fils avait échoué dans le foot c’est parce que ses coéquipiers noirs ne lui faisaient pas la passe, lui le seul blanc. Conclusion, racisme anti-blanc. 3/13
Read 13 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
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
Lampard: “What I certainly want to be is a team that are quite fluid and adaptable in the way that we play. I don’t want to be stuck into one idea, one vision, one plan – I want the players to be adaptable, so that as we move forward, we can evolve. #CFC
Lampard: “It might be daily, it might be weekly; it might be with formations, it might be with mindset. I want to be very open to that, & I want my players to be open to that. Intensity is everything for me. In a daily sense, how we train will be how we play. #Cfc
Lampard: “Intensity is many things. It’s not just physical, it’s also mental; it’s how you approach every day & every game. I had those times at Chelsea when I felt that when we were on it. We were competitive with each other daily; we would shout or lift someone up if...”#CFC
Read 4 tweets
Can't believe the information I received yesterday about David Luiz... to summarise, the beef with Lampard started right after the #Chelsea 5-3 Salzburg game. David Luiz didn't want to listen to Lampard's feedback, and even got aggressive with Lampard in training. #CFC
It didn't improve when he wasn't selected for the 2-2 Gladbach game... even the staff had to step in once Lampard left the dressing room.
After the game, training went on, but Frank had enough with Luiz's behaviour. He snapped and told Luiz he'll now be a squad player. #CFC
Because of this, Luiz complained to his agent and he wanted to leave. His agent has connections at #Arsenal, which explains the links. Arsenal are interested since they don't have enough funds to sign Upamecano (as they agreed terms for Kieran Tierney). #CFC #AFC
Read 5 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

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