Discover and read the best of Twitter Threads about #lcfc

Most recents (24)

1: Let’s do this, #SaintsFC! 🔴⚪️

Follow live 👉 sfcne.ws/LCLive [0-0]
10: #LCFC in front...

Ben Chilwell slots home the rebound after @AngusGunn01 made a fine stop to deny Harvey Barnes. [0-1]
12: A double blow, as #SaintsFC go down to ten men.

@ryanbertrand3 is sent off for a foul on Ayoze Pérez. [0-1]
Read 13 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
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
Football is finally back. Premier League Predictions thread: #PL
20. Steve Bruce is just such an underwhelming appointment. ASM and Joelinton have a lot of potential but relying on them this early in their PL careers seems a risk. If Newcastle do stay up, I have a feeling they’ll get Arab owners soon. The fans would deserve it. #NUFC
19 Crystal Palace. Without Batshuayi and AWB a gaping hole in the team has been left. Relying on a Ayew and Camarasa (he’s decent) isn’t the brightest decision. What kind of mood will Zaha be in? This and Hodgsons experience may be the last hope for Palace. #CPFC
Read 22 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
2 de mayo. Hace justo hoy tres años que el Leicester City, en su segunda temporada en la Premier tras diez años en segunda, se proclamaba campeón. Claro que merece un hilo, porque la ciencia de datos fue clave en ese hito. #datascience #datasports #sportscience
El Leicester City #lcfc ascendió tras la temporada 2013-2014, en la que arrasó en la English Football League, la 2ª división del fútbol inglés. El año anterior se había quedado fuera en el llamado “minuto loco”.
En esa temporada 2014-2015, el Leicester City #lcfc estuvo a punto de descender, lo que no hubiese sorprendido a nadie. A falta de 6 jornadas era último. Acabó 14º tras una espectacular racha de 6 victorias en 7 partidos.
Read 15 tweets
Newcastle United’s 2017/18 financial results reflect their promotion after a single season in the Championship. Managing director Lee Charnley said, “A 10th placed finish in our first season back in the Premier League was a fantastic achievement.” Some thoughts follow #nufc
#NUFC promotion brought the club back to “a healthy financial position”, moving from £47m loss before tax to £23m profit, as revenue more than doubled from £86m to a record £178m and no repeat of prior year £32m exceptional costs: £10m promotion bonus & £22m onerous contracts.
#NUFC £93m revenue growth very largely driven by broadcasting’s £79m increase to £126m, reflecting vastly higher TV money in the Premier League, while commercial also increased £13m (90%) to £28m, but match day flat at £24m. However, profit on player sales dropped £39m to £4m.
Read 48 tweets
Crystal Palace’s 2017/18 financial results covered their 5th consecutive season in the Premier League, when they finished “in a very creditable” 11th place. Roy Hodgson replaced Frank De Boer as manager in September 2017. Some thoughts in the following thread #CPFC
#CPFC posted a £35.5m loss before tax, compared to an £11.8m profit the prior year, mainly due to profit on player sales falling £32m to just £2m, though revenue grew £7.6m (5%) from £142.7m to a club record £150.3m. Loss after tax was £33.4m, thanks to a £2.1m tax credit.
#CPFC £8m revenue growth was very largely driven by broadcasting’s £4m (4%) increase from £117m to £121m, mainly due to increased prize money for finishing 11th, while commercial also increased £3.1m (21%) from £15.2m to £18.3m and match day was up £0.3m (2%) to £10.9m.
Read 38 tweets
Tottenham Hotspur’s 2017/18 financial results covered a season when they finished 3rd in the Premier League and reached the last 16 of the Champions League and the FA Cup semi-finals. Home games played at Wembley, while new stadium was being developed. Some thoughts follow #THFC
#THFC profit before tax improved by £87m from £52m to £139m, as revenue rose by £71m (23%) to £381m and profit on player sales was up £33m to £73m. New club records for both revenue and profit. Profit after tax “only” increased by £77m from £36m to £113m.
All three #THFC revenue streams increased: commercial rose £33m (43%) from £76m to £109m; match day was up £26m (57%) from £45m to £71m, due to the larger capacity at Wembley; while broadcasting was £13m (7%) higher at £201m, due to advancing further in the Champions League.
Read 47 tweets
Southampton’s 2017/18 financial results covered a season when they finished 17th in the Premier League and reached the FA Cup semi-finals, much worse than previous season (8th place in PL, competed in the Europa League and got to the EFL Cup final). Some thoughts follow #SaintsFC
Although #SaintsFC directors described the season as “disappointing”, they were “pleased to report another year of positive financial performance.” This was the first season under the ownership of Lander Sports (UK), controlled by Chinese businessman Jisheng Gao.
#SaintsFC pre-tax profit fell from £42m to £35m, as revenue dropped 16% (£30m) to £153m, due to the poor performance on the pitch, though this was largely offset by profit on player sales increasing by £27m to £69m. Profit after tax was down from £34m to £29m.
Read 38 tweets
Leicester City’s 2017/18 financial results covered a season when they finished 9th in the Premier League and reached the quarter-finals in both domestic cups. Claude Puel replaced Craig Shakespeare as manager in October. Some thoughts in the following thread #LCFC
#LCFC profit before tax significantly decreased from a record £92m to £2m (profit after tax down from £80m to £1m), as revenue fell by around a third (£74m) from £233m to £159m, because there was no repeat of the unprecedented 2016/17 Champions League participation.
The #LCFC revenue decline was driven by broadcasting income’s £67m (35%) decrease to £124m, mainly due to £70m from the Champions League in the prior season. For much the same reason, gate receipts fell £4m (22%) to £13m, while commercial income was also £4m (15%) lower at £22m.
Read 39 tweets
Deloitte have published the 22nd edition of their annual Football Money League, which ranks the world’s leading football clubs by revenue, this time covering the 2017/18 season. Some thoughts in the following thread.
Real Madrid £665m reclaimed top spot, while Barcelona £612m made it a Spanish “one-two” – the first clubs to break the £600m barrier. #MUFC £590m fell to 3rd, having been 1st last year. Bayern Munich £557m and #MCFC £503m retained 4th & 5th places, while PSG £480m were up to 6th.
There are no fewer than six English clubs in the top ten, including #LFC £455m, #CFC £448m, #AFC £389m and #THFC £379m (overtaking Juventus). Roma, Milan and #NUFC were new entrants to the top 20, replacing #LCFC, #SaintsFC and Napoli.
Read 31 tweets
Arsenal’s 2017/18 financial results covered a season when they finished 6th in the Premier League, while reaching the Europa League semi-finals. Manager Arsène Wenger was replaced by Unai Emery, while Stan Kroenke took full ownership. Some thoughts in the following thread #AFC
#AFC profit before tax increased from £45m to £70m, despite revenue falling £35m (8%) to £388m, mainly due to participating in Europa League rather than more lucrative Champions League, as profit on player sales surged £113m to £120m. Profit after tax improved from £35m to £57m.
All #AFC revenue streams decreased: broadcasting was £19m (9%) lower at £180m, mainly due to lower Europa League distributions; commercial dropped £10m (9%) to £107m; match day declined £1m (1%) to £99m; while player loans fell £5m to £2m.
Read 47 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
Chelsea’s 2017/18 financial results covered a season when they finished 5th in the Premier League, thus qualifying for the Europa League, and defeated #MUFC to win the FA Cup. Manager Antonio Conte replaced by Maurizio Sarri in July. Some thoughts in the following thread #CFC
#CFC profit before tax increased from £16m to £67m, as revenue rose by £82m (23%) to a record £433m, primarily due to the club’s return to European competition, and profit on player sales was up £44m to £113m. Profit after tax improved from £15m to £62m.
All #CFC revenue streams increased: broadcasting was £42m (26%) higher at £204m, due to Champions League; match day climbed £8m (13%) to £74m, largely for the same reason; while commercial rose £32m (24%) to £165m, mainly from the new Nike kit deal.
Read 43 tweets
“Revenue is vanity, profit is sanity, but cash is king.” I thought it might be interesting to look at where Premier League clubs source their money and what they spend it on by reviewing the clubs’ cash flow statements over the last decade. Some thoughts in the following thread.
In the 10 years between 2008 and 2017 Premier League clubs had over £8 bln of available cash with more than half (£4.3 bln) generated from their own operating activities and a further £3.4 bln from their owners (loans £1.8 bln and shares £1.6 bln) plus £0.3 bln external loans.
54% of cash came from operations (revenue less expenses +/- movements in working capital) with another 42% from owner financing and 3% from external loans. There was no need for any of the PL clubs to generate cash via (net) player sales or indeed dip into existing cash balances.
Read 20 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
A view from a Thai football fan on the passing of @LCFC ‘s chairman. This thread is dedicated to him. R.I.P.

As a fellow coutrymen, I want to tell the world about how inspirational Vichai was. A story from his own son, Aiyawatt. A story about him and Leicester City FC.
Let’s start with his business. Vichai owns Thailand’s biggest Duty Free stores, King Power. His success saw him moved up the ranks of our country’s list of wealthiest people.
Vichai was always a fan of the PL. He was a huge fan of Chelsea football club. Up until an incident in 2005. Prior to that, he was a regular at the VIP box at Stamford Bridge. As one of the wealthiest person in Thailand, flying regularly to the game was not an issue.
Read 22 tweets
Manchester United are the second Premier League club after #MCFC to publish 2017/18 financial results, covering a season when they were runners-up in the league and FA Cup, but were eliminated by Sevilla in the Champions League last 16. Some thoughts in the following thread #MUFC
#MUFC profit before tax down from £57m to £26m, mainly due to higher player costs, as wage bill shot up £32m and player amortisation rose £14m, while revenue only up £9m. Tax bill increased from £17m to £63m as a change in US corporate tax rate led to a £49m non-cash write-off.
#MUFC revenue only grew £9m (2%). Only meaningful increase was broadcasting, up £10m (5%) to £204m. Commercial income was basically flat at £276m, while match day dropped £2m (2%) to £110m. Profit on player sales rose £7m to £18m.
Read 39 tweets
Ten years after Sheikh Mansour acquired the club, Manchester City’s 2017/18 financial results covered a season when they won the Premier League in some style, won the League Cup and reached the Champions League quarter-finals. Some thoughts in the following thread #MCFC
#MCFC profit before tax up from £0.1m (£1.1m after tax) to £10.4m, as previous season was adversely impacted by change in year-end resulting in an extra month’s costs with minimal revenue uplift. Revenue rose £27m (6%) to £500.5m, only second English club above £0.5 bln.
All #MCFC revenue streams up: commercial income rose £14m (7%) to £232m; broadcasting increased £8m (4%) to £212m; and match day was £5m (9%) higher at £57m. Profit on player sales was up £4m to £39m.
Read 37 tweets
Although the 2016/17 financial results for the Premier League are now a season out-of-date, they are still the most recent published by the clubs, so I thought some comparisons might be interesting as we head into the 2017/18 season. Thread follows.
Thanks to a combination of the PL TV deal and FFP wage controls, almost all clubs are now profitable with only #SAFC reporting a loss. #LCFC led the way with £92m profit before tax, the highest ever made in the Premier League, followed by #THFC £58m, #MUFC £57m and #AFC £45m.
Profit on player sales is an increasingly important element in driving the improved profitability of some Premier League clubs. In 2016/17 highest profits were made by Chelsea £69m (Oscar to Shanghai SIPG), Everton £52m (Stones to #MCFC) and Southampton £42m (Mané to #LFC).
Read 28 tweets
Tottenham Hotspur’s 2016/17 financial results covered the club’s last season at the old White Hart Lane, when they finished 2nd in the Premier League, played in the Champions League and reached the FA Cup semi-finals. Some thoughts in the following thread #THFC
#THFC profit before tax improved by £20m from £38m to £58m with revenue rising by 46% (£97m) to a record £306m and profit on player sales up £13m to £40m. Profit after tax “only” increased by £8m from £33m to £41m, as tax charge was £11m higher at £17m.
#THFC revenue growth was largely due to broadcasting rising £78m (71%) to £188m, driven by the new Premier League TV deal and Champions League bringing in twice as much as the Europa League. Commercial increased £14m (24%) to £73m, while match day was up £5m (11%) to £45m.
Read 42 tweets
Liverpool’s 2016/17 financial results included their highest ever revenue, despite not playing in Europe, though they finished 4th in the Premier League and reached the semi-finals of the EFL Cup. Some thoughts in the following thread #LFC
#LFC converted £20m loss before tax to £40m profit with revenue growing by 21% (£62m) to a record £364m, though profit on player sales was down £4m at £38m (mainly Christian Benteke, Jordon Ibe, Joe Allen & Martin Skrtel), as no repeat of Raheem Sterling’s big money sale to City.
#LFC revenue was driven by the new Premier League TV deal, though partly offset by no Europa League money, with a net increase in broadcasting income of £31m to £154m. The expanded Main Stand saw match day rise £11m to £74m, while commercial was up £21m to £136m.
Read 37 tweets
West Ham’s 2016/17 financial results covered their first season in the new London Stadium. Despite dropping to 11th place in the Premier League, they reported record revenue and profit. Some thoughts in the following thread #WHUFC
#WHUFC improved the bottom line by £48m, as they converted a £5m loss to £43m profit with revenue growing by 29% (£41m) to £183m. Profit on player sales was up £24m, mainly due to transfers of Dimitri Payet to Marseille and James Tomkins to Crystal Palace.
#WHUFC revenue growth was driven by the new Premier League TV deal with a net increase in broadcasting income of £33m (38%) to £119m. Commercial income also rose by £7m (25%) to £35m, while match receipts were £2m (6%) higher in the new stadium at £29m.
Read 33 tweets

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