Discover and read the best of Twitter Threads about #dcfc

Most recents (24)

#CardiffCity 2019/20 accounts cover a season when they finished 5th in the Championship following relegation from the PL, losing in the play-off semi-final. Manager Neil Warnock was replaced by Neil Harris in November 2019, since succeeded by Mick McCarthy. Some thoughts follow.
#CardiffCity swung from £3m profit to £12m loss, as revenue fell £79m (63%) from £125m to £46m due to relegation and COVID, partly offset by profit on player sales rising £12m to £14m, while expenses were down £33m and no repeat of prior year £20m provision for the Sala transfer. Image
#CardiffCity £79m revenue fall was largely driven by broadcasting’s £70m (66%) decrease from £107m to £37m, due to lower TV money in Championship, though commercial also dropped £5m (48%) from £10m to £5m and match day fell £4m (53%) from £8m to £4m. Image
Read 43 tweets
1.
#DAZN #Matchroom
#disruption #sport
#Legacy v's #PurePlay specialists

This week #EddieHearn announced the worst kept secret in sports broadcasting - He's taking his show, Lock Stock, to Mr #Blavatnik first-mover streaming service.

#Thread with a different perspective...🧐 ImageImageImageImage
2.
This is exciting for #Sports fans - Especially #boxing

Lower cost access
More shows
Bigger production

Interesting, it's announced a week after #SundayTimes named the owner of #DAZN as the richest man in the UK (again)!

That rich list is an good starting point to explore Image
3.
We're living through changing times;

Technology
Business
Societal
Cultural
Political
GeoPolitical

What's that got to do with #DAZN & #Sport 🤔

Well, Sport & #Entertainment is big business 💰

It's also used by powerful people to influence Hearts & Minds...
#Sportswashing ImageImage
Read 17 tweets
Stoke City’s 2019/20 financial results covered a season when they finished 15th in the Championship, two years after relegation from the Premier League. Manager Nathan Jones was replaced by Michael O’Neill in November 2019. Some thoughts in the following thread #SCFC
#SCFC pre-tax loss widened from £15m to £88m, as revenue dropped £21m (29%) from £71m to £50m and profit from player sales fell £15m (83%) from £18m to £3m. Total expenses increased £37m, mainly due to £43m impairment charge (reducing player values). Loss after tax was £86m.
The main reason for #SCFC £21m revenue reduction was broadcasting, which dropped £20m (39%) from £51m to £31m, mainly due to lower parachute payment, though match day also fell £1.6m (25%) from £6.4m to £4.8m. In contrast, commercial rose £0.9m (7%) from £12.9m to £13.8m.
Read 42 tweets
#BarnsleyFC 2019/20 accounts covered the club’s first season back in the Championship following promotion from League One, when they narrowly avoided relegation by finishing 21st. Head coach Daniel Stendel was replaced by Gerhard Struber, since succeeded by Valerien Ismael.
#BarnsleyFC are owned by a group of international investors, led by Chien Lee of NewCity Capital and Paul Conway of Pacific Media Group, who follow the “Moneyball” approach of fellow investor, Billy Beane. They bought 80% from former custodian, Patrick Cryne, in December 2017.
Following promotion to the Championship, #BarnsleyFC reduced their loss from £3.4m to just £0.3m, as revenue increased £6.4m (83%) from £7.8m to £14.2m and profit on player sales rose £2.0m to £5.8m, partly offset by expenses growing £5.6m (37%) to £20.5m.
Read 39 tweets
Queens Park Rangers 2019/20 financial results covered a season when they finished 13th in the Championship, an improvement on the previous year’s 19th place, though the campaign was disrupted by COVID-19. Some thoughts in the following thread #QPR
#QPR loss widened from £10m to £16m, as revenue fell £16m (47%) from £34m to £18m, though expenses were cut £11m (24%) and profit on player sales increased £3m to £6m. Also impacted by £4.5m write-off of previous training ground development.
The main reason for #QPR £16m revenue reduction was broadcasting, which dropped £14m (62%) from £22m to £8m, as parachute payments stopped, though gate receipts were also down £1.4m (25%) from £5.4m to £4.0m, while commercial fell £1.4m (19%) from £7.2m to £5.8m.
Read 45 tweets
Yesterday was another crazy day for #Football & specifically in this case, for #Derby #dcfcfans

#EFL ruling on their accounting practices

Threat of sanctions - What will that mean?

#RichardKeough ruling - They have to pay him £2.3m (bonkers episode)🤯

bbc.co.uk/sport/football…
Then add in the farce of the #takeover process

A 29 year old front-man masquerading as an Instagram Billionaire (complete with macho boxing backstory & links to Indonesian investors & looted billions) #Suharto

👏 @secondtierpod ⤵️

#DCFC #FitAndProper

I'm equally fascinated & frustrated by rogue investors in #EnglishFootball

I've read widely and spoken to people with genuine knowledge of the machinations of global finance💸

What puzzles me today is, how/why did #MelMorris get himself in this hole?😏
Read 18 tweets
Swansea City’s 2019/20 accounts covered a season when they finished 6th in the Championship under head coach Steve Cooper, thus reaching the play-offs, but were eliminated in the semi-final by Brentford. Some thoughts in the following thread #Swans
#Swans swung from a pre-tax loss of £7m to a profit of £2.7m, despite revenue falling £18m (27%) from £68m to £50m and profit from player sales dropping £12m (41%) from £30m to £18m, as total expenses were reduced by £40m (38%). Profit after tax was £1.7m.
The main reason for #Swans £18m revenue reduction was broadcasting, which dropped £13m (25%) from £52m to £39m, mainly due to lower parachute payment, though commercial was also down £2m (26%) to £6m and match day fell £1.7m (26%) to £4.8m. Player loans were down £1.7m to £0.2m.
Read 44 tweets
Birmingham City’s 2019/20 financial results covered a season when they finished 20th in the Championship, narrowly avoiding relegation. Manager pep Clotet was replaced by Aitor Karanka in August 2020, since succeeded by Lee Bowyer. Some thoughts in the following thread #BCFC
#BCFC loss increased from £8.4m to £18.2m, as prior year included £17m profit on the sale of the stadium, partly offset by profit on player sales rising £7m to £12m. Revenue fell £0.5m (2%) from £23.3m to £22.8m, while expenses were flat overall.
COVID-19 impacted #BCFC revenue with match receipts falling £0.4m (8%) to £4.7m, while commercial was down £0.9m (9%) to £9.3m. In contrast, broadcasting rose £0.9m (11%) to £8.8m, while other operating income increased £0.9m to £1.5m, including £819k COVID grant.
Read 43 tweets
West Bromwich Albion’s 2019/20 accounts covered a season when they finished 2nd in the Championship, thus securing promotion to the Premier League after a 2-year absence. Manager Slaven Bilic was subsequently replaced by Sam Allardyce in December 2020. Some thoughts follow #WBA
#WBA pre-tax loss widened from £7m to £23m, mainly due to promotion bonuses and COVID. Revenue fell £17m (24%) from £71m to £54m, while operating expenses increased £19m (22%), partly offset by profit on player sales rising £19m to £29m. Loss after tax up from £6m to £21m.
The main reason for #WBA £17m revenue reduction was broadcasting, which dropped £12m (23%) from £53m to £41m, mainly due to lower parachute payment, though gate receipts also decreased £2.5m (34%) to £4.8m, while commercial was down £2.4m (22%) to £8.4m.
Read 44 tweets
#ReadingFC 2018/19 financial results covered a season when the #Royals finished 14th in the Championship. Manager José Gomes was replaced in October 2019 by Mark Bowen, who has since been succeeded by Veljko Paunovic. Some thoughts in the following thread.
This was the third 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. Bowen said, “He has spent a hell of a lot of money on the club and still wants to spend money.” Image
#ReadingFC loss increased from £30m to £42m, largely due to no repeat of prior year’s £8m from sale of the training ground and £2m other operating income. Revenue dropped £3m (16%) from £21m to £18m, while profit on player sales fell £0.8m to £1.6m. Expenses cut £2m (3%). Image
Read 41 tweets
Leeds United’s 2019/20 accounts cover a season when they won the Championship under Marcelo Bielsa, thus securing promotion to the Premier league after a 16-year absence, despite unprecedented challenges posed by the COVID-19 pandemic. Some thoughts in the following thread #LUFC
#LUFC paid a price for success, as their pre-tax loss widened from £21m to £62m, despite revenue rising £5m (11%) from £49m to £54m, as significant investment led to expenses increasing £44m (52%), including £20m promotion bonuses and £7m TV rebate to broadcasters.
The main reason for #LUFC £5m revenue growth was £7m (25%) increase in commercial income from £27m to £34m (largely merchandising), as gate receipts fell £1.2m (9%) to £11.4m and broadcasting was down £0.5m (5%) to £8.7m. Profit on player sales dropped £6m to £10m.
Read 43 tweets
Brentford’s 2019/20 financial results covered a season when they narrowly missed out on promotion, finishing 3rd in the Championship before losing the play-off final to Fulham. Some thoughts in the following thread #BrentfordFC
#BrentfordFC swung from £24m profit before tax to £9m loss, as last year benefited from £14m sale of land. Revenue dropped £1.3m (9%) from £15.2m to £13.9m, while profit on player sales fell £2m to £25m. Investment in the squad meant expenses increased £14m. Loss after tax £10m.
Main driver of COVID-impacted #BrentfordFC revenue decrease was broadcasting, down £1.6m (18%) to £7.3m, while ticketing also fell £0.3m (9%) to £3.1m, partly offset by commercial rising £0.5m (18%) to £3.6m. Other income fell £1.6m to £1.0m, including job retention scheme £635k.
Read 40 tweets
Middlesbrough’s 2019/20 financial results covered a season when they finished 17th in the Championship. Neil Warnock replaced Jonathan Woodgate as manager in June. Some thoughts in the following thread #Boro
#Boro swung from £2m profit before tax to club record £36m loss, as finances hit by COVID and expiry of parachute payments. Revenue dropped £36m (65%) from £56m to £19m and profit on player sales fell £30m to £3m, partly offset by £27m (31%) cut in expenses. Loss after tax £31m. Image
All three #Boro revenue streams fell, especially broadcasting, which was down £32m (78%) from £41m to £9m, due to no parachute payment. Also decreases in commercial, down £2.7m (31%) from £8.6m to £5.9m, and gate receipts, down £1.6m (26%) from £6.1m to £4.5m. Image
Read 35 tweets
Nottingham Forest’s 2019/20 financials covered the third season under the ownership of Evangelos Marinakis (80%) and Sokratis Kominakis (20%), when they narrowly missed out on the Championship play-offs, finishing 7th, their highest position since 2013. Some thoughts follow #NFFC
#NFFC loss improved by £9m from £25m to £16m, mainly due to a £5m loan write-off. Revenue slightly increased from £25.3m to £25.7m and profit on player sales rose £0.7m to £11.3m, while expenses were down £3m (5%).
There was “significant lost revenue” due to the COVID-19 pandemic (ticketing, retail, catering and hospitality), but #NFFC noted that the impact is not immediately visible, as the club had been “on track to report a record turnover” before the season was suspended in March.
Read 43 tweets
Arsenal’s 2019/20 financial results covered a season when they finished 8th in the Premier League, won the FA Cup and reached Europa League last 32. Head coach Unai Emery was replaced by Mikel Arteta in December. Finances adversely impacted by COVID-19. Some thoughts follow #AFC
#AFC loss before tax loss widened from £32m to £54m, as revenue dropped £51m (13%) from £395m to £343m and expenses grew £18m (4%), offset by profit on player sales rising £48m from £12m to £60m. The loss after tax increased from £27m to £48m.
Impacted by COVID, broadcasting fell £64m (35%) from £183m to £119m and match day dropped £17m (18%) from £96m to £79m. In contrast, commercial rose £31m (28%) from £111m to £142m, thanks to new sponsorship deals. Player loans were down £1m to £3m.
Read 51 tweets
Players with the most points per game for each team in the Championship 💪

(THREAD 👇)
Wycombe - Jordan Obita

The #Chairboys average 1 point per game in the matches he’s played this season Image
Wednesday - Keiren Westwood/Massimo Luongo

Points per game average when on the pitch: 1.42 ImageImage
Read 25 tweets
Chelsea’s 2019/20 financial results covered a season when they finished 4th in the Premier League, were beaten in the FA Cup final and reached the last 16 of the Champions League, but their finances were adversely impacted by the COVID-19 pandemic. Some thoughts follow #CFC
#CFC swung from £102m loss before tax to £36m profit, despite revenue dropping £40m (9%) from club record £447m to £407m, as profit on player sales surged £82m to £143m and expenses fell by a hefty £90m. After tax, improved from £97m loss to £32m profit.
All #CFC revenue streams decreased, impacted by COVID, though the damage was limited by the return to the Champions League. Broadcasting was down £18m (9%) to £183m, while there were falls in match day, down £12m (18%) to £54m, and commercial, down £10m (5%) to £170m.
Read 51 tweets
#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.
Read 41 tweets
#Millwall 2019/20 financial results covered a season when they improved their position in the Championship from 21st to 8th. Manager Neil Harris left in October 2019, replaced by Gary Rowett. COVID-19 had a substantial impact on the club’s operations. Some thoughts follow.
#Millwall pre-tax loss widened from £0.7m to £10.9m, largely due to profit on player sales dropping £5.3m to £0.1m, though COVID and a run to FA Cup quarter-final prior year meant revenue fell £2.0m (11%) from £18.4m to £16.4m, while expenses rose £2.3m (9%).
#Millwall revenue decrease was largely driven by match day falling £1.3m (23%) to £4.4m,  as 5 games were played behind closed doors, while broadcasting decreased £0.7m (7%) to £9.4m. Commercial income held steady at £2.7m.
Read 39 tweets
I had a request to look at transfer spend in the Premier League, so I have analysed this over the last 5 years (up to 2018/19, the last season when all clubs have published their accounts). As a Christmas bonus, I have also included the EFL Championship.
In terms of the infamous net spend, the two Manchester clubs have spent most on transfers (#MCFC £639m and #MUFC £590m), followed by #CFC £440m. #AFC fans will be appalled to discover they have spent around the same (£329m) as champions #LFC £337m.
It is striking how low #THFC net spend was, only £63m in the 5 years up to 2018/19, though worth noting that they then splashed out £136m in 2019/20. Lowest spend unsurprisingly at clubs recently promoted from the Championship, i.e. #LUFC £4m and #SUFC £(13)m.
Read 14 tweets
Hull City’s 2019/20 financial results covered a season when they finished 24th in the Championship, so were relegated to League One under head coach Grant McCann. COVID-19 had a substantial impact on the club’s operations. Some thoughts in the following thread #hcafc
Despite the impact of the pandemic, #hcafc still managed to post a pre-tax profit of around £3m, mainly due to profit on player sales rising £18m to £23m. Revenue fell £32m (67%) from £48m to £16m, as parachute payments stopped. Partly compensated by expenses being cut by £14m.
The main driver of the revenue reduction was broadcasting, which fell £32m (79%) after parachute payments from the Premier League stopped, but the other revenue streams also declined: match day was down £0.8m (13%) to £5.3m, while commercial was £0.2m (10%) lower at £2.1m.
Read 44 tweets
Max Lowe joins SUFC from #dcfc. Lowe's real breakthrough came from a great season at Aberdeen which Derby looked at to then take a chance on him. Lowe is athletic without being overly quick, but a good dribbler. He's strong physically in challenges and has good quality with ball Image
Lowe has a similar technical capacity to Enda Stevens. Clip below shows his ability to pick his head up and find good, froward passes to progress the ball with ease.
Lowe statistically hasn't been as cross heavy as Stevens in recent seasons but it's worth showing that due a good technical ball striking delivery he can find excellent balls into the box if given space to do so.
Read 7 tweets
Written reasons published on Sheffield Wednesday's 12-point penalty. Will pick out some key points.
#swfc

efl.com/siteassets/ima…
The EFL wanted a 12-point penalty for the overspend, while #swfc “a modest financial penalty” should be applied or a points deduction should not exceed 7 points in 2019-20 OR be applied in 2019-20.
The EFL accepted that, in principle, the sale of Hillsborough was an acceptable practice.

However, that #swfc failed to do so effectively is the reason why the club failed P&S rules.

So you can sell your stadium, but you have to do it right.
Read 43 tweets
Nothing should come as a surprise in football, but it was still a shock when Wigan Athletic entered administration this month immediately after the new owners, Next Leader Fund (NLF), took control. This thread looks at how this happened, including #WAFC latest financials.
First up, in November 2018, after 23 years as owners, the Whelan family sold #WAFC to Hong Kong based International Entertainment Corporation (ICE), a company that runs hotel and casino business in the Philippines, for £22m (price £15.9m plus taking on £6.5m loans).
More recently in June 2020, ICE sold #WAFC to NLF for £17.5m, giving ICE a nice £1.6m profit, plus the repayment of the £24.6m they had invested. However, the club was immediately put into administration, as a result of the new owners not putting any more funds into the club.
Read 50 tweets

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