Discover and read the best of Twitter Threads about #ffc

Most recents (24)

Manchester United’s 2021/22 accounts cover a season when they finished 6th in the Premier League and were eliminated in the last 16 of the Champions League. Manager Ole Gunnar Solskjaer was replaced by Ralf Rangnick, since succeeded by Erik ten Hag. Some thoughts follow #MUFC
#MUFC pre-tax loss shot up from £24m to £150m, despite revenue rising £89m (18%) from £494m to £583m, thanks to recovery from COVID and return of fans to the stadium, plus profit on player sales increasing £15m to £22m, as expenses rose £154m (29%) after investment in the squad.
#MUFC operational decline was exacerbated by the impact of the weakening of Sterling on non-cash finance costs, as unrealised forex losses on unhedged USD borrowings meant that net interest experienced an adverse swing of £75m from £13m recoverable prior year to £62m payable.
Read 47 tweets
In advance of football clubs starting to publish their accounts for the 2021/22 season, I thought it might be helpful to share some 2-page financial overviews for each of the Premier League clubs for 2020/21, including a comparison against prior year and a 5-year graphical trend.
These overviews also include Premier League rankings for each of the main financial categories, e.g. which club had the highest profit, loss, revenue, wages, debt, transfer spend, etc in 2020/21.
One caveat with these figures is that revenue was significantly impacted by COVID in 2020/21 with match day reduced to almost zero, as games were played behind closed doors, while some broadcasting income was deferred from 2019/20 for matches played after the accounting close.
Read 24 tweets
🧵 Pre-match press conference thread Gameweek 4 [Friday]

ℹ️ Team news, injury updates, player availability, manager quotes & anything else relevant to Fantasy Premier League from the pressers ahead of the deadline ⬇️

#fpl #gw4

free-to-read article: drafthound.link/gw4-pre-match-…
🏰 Newcastle

📢 Eddie Howe on Wilson: "We don't believe his injury to be serious and we're hopeful he'll only be out for a couple of weeks.

"I back Callum 100 per cent. I've known him a long time and I've never met someone with a better..."

#fpl #gw4 #nufc #WolNew #fantasypl
📢 Howe on Wilson: "...attitude. I back him and his body. He's such an important part of our future and this season he's already shown that with the goals that he's scored - the two goals he's scored have been of the highest level..."

#fpl #gw4 #nufc #WolNew #fantasypl
Read 51 tweets
After Manchester United’s awful start to the season, the focus has once again turned to the Glazers. This thread will look at some of the reasons why the club’s fans might be unhappy with their owners – from a financial perspective #MUFC
#MUFC are the only Premier League club to pay dividends to their shareholders, mainly the Glazers. Since 2016 they have paid a hefty £166m, averaging £22m a year. Note: the high £33m payment in 2021/22 included including £11m delayed from 2020/21. Image
Although it has fallen from its (sizeable) peak, #MUFC £21m interest payment in 2020/21 was still the highest in the Premier League. United have now paid a staggering three-quarters of a billion pounds (£743m) in interest since the Glazers’ leveraged buy-out in 2005. ImageImage
Read 27 tweets
When Newcastle United were bought by a consortium led by Saudi Arabia’s Public Investment Fund, the expectation was that #NUFC would splash out on players, due to the enormous wealth of the new owners, but that hasn’t really been the case. So why is the club not spending big?
#NUFC manager Eddie Howe gave this answer: “Financial Fair Play impacts us and will continue to impact us for a number of years. We haven't got the free rein that maybe has been perceived within the media, that we can go and sign who we want and pay extortionate fees and wages.”
Despite the fact that #NUFC new owners had stated that their ambition was to win the Premier League in “five to ten years”, Howe sounded a note of caution, “We’re having to be creative and smart and try and make the right additions within the financial constraints that we have.”
Read 43 tweets
PREMIER LEAGUE 2022 - 2023.

A escasos días de comenzar una nueva edición de la mejor liga del mundo con tres nuevos equipos, vamos a ver qué 20 equipos participan en esta nueva temporada, quiénes son sus estrellas, sus estadios y mucho más.

¡Dentro hilo! 🧵⬇️
He elaborado una leyenda para esquematizar todo.

Añadiré los siguientes emojis después de cada presentación:

• 🏟️: Estadio (capacidad)
• 📍: Ciudad.
• ©️: Capitán.
• ⭐: Estrella.
• 👶🏻: Joven promesa.
• 💰: Fichaje más caro (precio)
• 👨🏻‍🏫: Entrenador (nacionalidad)
1 - Bournemouth: 🍒
Regresan tras descender en 2020 y no subir en 2021.

• 🏟️: Vitality Stadium (11.329)
• 📍: Bournemouth.
• ©️: Lloyd Kelly.
• ⭐: Dominic Solanke.
• 👶🏻: Marcus Tavernier.
• 💰: Marcus Tavernier (11,9 millones)
• 👨🏻‍🏫: Scott Parker (🏴󠁧󠁢󠁥󠁮󠁧󠁿)

#AFCBournemouth
Read 23 tweets
West Bromwich Albion’s 2020/21 accounts covered a season when they finished 19th in the Premier League, leading to relegation to the Championship. Coach Slaven Bilic replaced by Sam Allardyce in December 2020, subsequently succeeded by Valerien Ismael, then Steve Bruce #WBA
#WBA swung from £23m pre-tax loss to a small £0.1m profit, as revenue almost doubled from £54m to £107m following promotion to the Premier League, though profit on player sales fell £25m to £4m and operating expenses rose £4m (4%) in the top flight.
Main driver of #WBA £53m revenue increase was broadcasting, up £56m from £41m to £97m, due to the more lucrative Premier League TV deal, though commercial also grew £2m (21%) to £10m. This offset the COVID driven reduction in gate receipts, down £4.8m (98%) to just £74k.
Read 45 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
Crystal Palace’s 2020/21 financial results covered a season where they finished 14th in the Premier League for the second year in a row in a campaign “enormously impacted” by COVID. Manager Roy Hodgson replaced by Patrick Vieira in July 2021. Some thoughts follow #CPFC
#CPFC pre-tax loss narrowed from £58m to £40m, despite revenue falling £8m (6%) from £142m to £134m, due to profit on player sales increasing from £1m to £10m and expenses falling £17m (8%), mainly due to a change in the accounting date (two fewer months).
Main driver of #CPFC revenue fall was COVID, which led to reductions in gate receipts, down £8m (97%) to just £247k, and commercial, down £4m (20%) from £21m to £17m. Partly offset by TV money rising £4m (4%) from £113m to £117m, mainly due to broadcasters’ rebate in prior year.
Read 43 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
Sheffield United’s 2020/21 accounts covered a season when they finished 20th in the Premier League, leading to relegation after a two-year spell in the top flight. Manager Chris Wilder was replaced by Paul Heckingbottom (interim basis). Some thoughts follow #SUFC #twitterblades
This was the second year under new #SUFC owner Prince Abdullah after the High Court ruled that Kevin McCabe had to sell his 50% share to the Prince. This also triggered an agreement whereby the club had to purchase the stadium, training facility, gym, hotel and offices for £38m.
#SUFC pre-tax profit fell from £19m to £10m, as revenue dropped £28m (20%) from club record £143m to £115m and profit on player sales decreased £3m to £1m, partly offset by operating expenses falling £21m (17%). Net interest payable was up £1.7m to £2.5m.
Read 43 tweets
Fulham’s financial results for 2020/21 cover a season when they were relegated to the Championship after just a single season in the Premier League, after they finished 18th. Head coach Scott Parker replaced by Marco Silva in July 2021. Some thoughts in the following thread #FFC
#FFC pre-tax loss widened from £48m to £93m, despite revenue doubling from £58m to £116m following promotion to the Premier League, as profit on player sales fell £25m to zero, while expenses increased by £78m (60%) in the top flight (including £21m player impairment). Image
Main driver of #FFC £58m revenue increase was broadcasting, up £61m from £44m to £105m, due to the more lucrative Premier League TV deal, though commercial also grew £2m (26%) to £11m. This offset the COVID driven reduction in gate receipts, down £5.3m (96%) to just £231k. Image
Read 39 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
Leeds United’s 2020/21 accounts cover their first season back in the Premier League after a 16-year absence, when they finished an impressive 9th under Marcelo Bielsa, recently replaced by Jesse Marsch. Finances impacted by COVID. Some thoughts follow #LUFC
#LUFC swung from a £62m pre-tax loss in the Championship to £26m profit in the Premier League, thanks to revenue more than tripling from £54m to club record £171m, though competing in the top flight increased expenses by a third (£44)m. Bottom line boosted by £21m loan write-off. Image
Main driver of #LUFC £117m revenue increase was broadcasting, up £124m from £9m to £133m, due to much more lucrative Premier League TV deal, though commercial also grew £2m (6%) to £36m. This offset the COVID driven reduction in gate receipts, down £10m (83%) to just £1.9m. Image
Read 42 tweets
Brighton and Hove Albion’s 2020/21 accounts cover an “incredibly challenging” season, when they finished 16th in the Premier League under head coach Graham Potter, but their finances were significantly impacted by the COVID-19 pandemic #BHAFC
#BHAFC reported “another substantial loss” of £53m, though this was better than prior year’s £67m. Revenue rose £19m (14%) from £133m to a club record £152m and profit on player sales increased £7m (£1m loss in previous season), but expenses were £15m (7%) higher. Image
#BHAFC broadcasting revenue increased £33m (37%) from £90m to £123m, mainly due to money deferred from 2019/20 for games played after the accounting close, which offset COVID driven reduction in match day, down £13m (96%) to just £494k, and commercial, down £1m (4%) to £28m. Image
Read 40 tweets
Everton’s 2020/21 financial results covered a season when they finished 10th in the Premier League and reached the quarter-finals of both domestic cups under Carlo Ancelotti. The COVID-19 pandemic had a “dramatic” impact on the accounts. Some thoughts follow #EFC
#EFC loss narrowed from £140m to £121m, as revenue rose £7m (4%) from £186m to a club record £193m, though profit on player sales dropped £27m to £13m. Total expenses, including exceptional items, fell £42m (12%), but interest payable increased £3m to £9m.
#EFC broadcasting income rose £48m (49%) from £98m to £146m, mainly due to money deferred from 2020 for games played after accounts. This offset COVID driven reduction in match day, down £12m (98%) to just £222k, and £29m (39%) fall in commercial to £47m (naming rights option).
Read 49 tweets
Fulham publish 2020/21 accounts.
Revenue doubled to £116m but pre tax losses almost did the same going from £48m to £93m despite being in the Premier League #FFC
Fulham had £18m cash in the bank at end of season but total losses over made over the years were a drop my bacon sandwich £493,000,000
To fund the losses (and infrastructure spend) Fulham borrowed £151 million from its parent company in 2020/21 and a further £93m since the end of the season
Read 10 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
#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
[LIVETWEET]
Ini kesempatan Fulham utk menjauh dari peringkat 2 Bournemouth selagi mempererat genggaman atas tiket promosi langsung. Namun, Preston bisa jadi batu sandungan.

Mari nikmati #EFL Championship bersama #IMC mulai 19:30 WIB!
1: Kickoff babak pertama!
#EFL #Championship #IMC
10 menit pertama berlalu dgn Fulham mulai bisa imbangi permainan Preston. Seperti biasa, bek tamu belum cukup panas dgn kontrol bola dipertanyakan.

#PNEFC 0-0 #FFC
#EFL
Read 18 tweets
After I put together a thread looking at the financial trends in the Premier League over the last 10 years from 2011 to 2020, a few people asked me if I could do the same for the EFL Championship. So here are the finances for England’s second tier over the last decade.
This analysis comes with caveats, as not all Championship clubs published accounts in the last decade, e.g. Derby County in 2019 and 2020. Also no accounts for clubs in administration, e.g. Portsmouth (2011 & 2012), Bolton Wanderers (2018 & 2019) and Wigan Athletic (2020).
Nevertheless, the themes and trends can still be highlighted, including the impact of COVID in the last three months of 2020. We will also feature some comparisons with the Premier League to illustrate the immense differences between England’s top two divisions.
Read 50 tweets

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