Discover and read the best of Twitter Threads about #lufc

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
The Premier League has published details of the TV payments to clubs for the 2021/22 season. These amounted to £2.5 bln, ranging from £153m for champions #MCFC to £101m for 20th placed #NCFC (the first time the bottom club got more than £100m).
The largest increases compared to the previous season came at #BHAFC, up £16m, and #AFC, up £11m. In contrast, three clubs received over £10m less than 2020/21: #LUFC £17m, #EFC £13m and #LCFC £11m.
Each of the 20 Premier League clubs received £87.5m as an equal share, coming from domestic rights £31.8m, overseas rights £48.9m and commercial revenue £6.8m.
Read 9 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
#PremierLeague last 5 seasons breakdown of transfers netspend, expenditure and sales with every team broken down (25 long thread)

First Netspend for the last 5 seasons:

#MUFC top the netspend chart with £580m Net
While 4 London clubs after sitting between £350m to £450m
Purchases over the last 5 seasons:
#CFC #MUFC & #MCFC top the purchases charts
Sales over the last 5 seasons:

#ChelseaFC and #MCFC absolutely top the last 5 seasons with with both in that £500m mark
Read 26 tweets
#PremierLeague transfer expenditure, sales and net all combined for 2022 Summer Window -

Lets start with the 2022/23 Summer Net Spend:
#PremierLeague broke a few records this window. ⬛️With near £2.2bn spent and a
⬛️NetSpend of £1.24bn 📈
#PremierLeague 2022/23 Summer windows player purchases

#CFC #MUFC #WHUFC #Tottenham #NottinghamForest top the charts here all spending over £140m with 10 teams in total over £100m
Read 5 tweets
🧵 Pre-match press conference thread Gameweek 4 [Thursday]

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

read article [free]: drafthound.link/pre-match-pres…
🐻‍❄️ Leeds

📢 Jesse Marsch on injuries: "The big question mark is Patrick Bamford. We think he’s doing well and moving forward.

"I think also with the performances of the team, that it allows us to be patient..."

#fpl #gw4 #lufc #BhaLee #fantasypl
📢 Marsch on Bamford: "...we will still have a call to make for exactly what it means for this weekend.

"We want to put him in the best position possible to physically pick up where he left off."

#fpl #gw4 #lufc #BhaLee #fantasypl
Read 22 tweets
From Marsch's press conference - Ayling and Firpo should be in full training next week. Bamford is "doing well and moving forward" - still a call to make on him for Brighton away, but Marsch says the performance of the team is allowing him to be patient with PB. #lufc
Marsch on signings (esp. a forward): "How likely it is, that's dependent on how things play out and what availability is. We don't have a surplus of money to bring in a huge transfer but we've done a good job of analysing players who are of interest to us."
Not ruling it out, in other words. #lufc
Read 7 tweets
From a Gambling Commission perspective, this is not actually gambling because there is no monetary value of the items won outside the game. If it was considered gambling it could not be marketed to children. #Karthikeya2 #LUNC #LUFC
podpage.com/panduan-untuk-… This means that some countries, such as Belgium have outlawed the use of “loot boxes” in games because they are seen as gambling aimed at children. There is no consensus more widely available, though. In the UK and US, games are now labeled as having
medmotion.org/profile/megasl… In-App purchases as part of the rating system. An important distinction, that many articles conflate, is between online gaming and online video games. Online gaming usually refers to gambling websites where players can partake in
Read 9 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
In football money often talks, i.e. success on the pitch is almost invariably reserved for clubs that have spent the most on wages and transfer fees. However, it might be interesting to see which clubs have performed the best (and indeed worst) relative to their budget.
This thread will therefore look at how teams in the Premier League in 2021/22 performed relative to their wages, combined wages/player amortisation and squad cost. This is not an exact science, but just a bit of fun, as there are a few caveats to an analysis of this type.
First, I have used financial figures from the most recent published accounts, i.e. from 2020/21, so these are a year out of date compared to 2021/22 league position. Moreover, the last figures available for the 3 promoted clubs are from the Championship, so are under-stated.
Read 27 tweets
#FCBarcelona have announced the signing of Rapinha from #LUFC for €58m, while a deal to acquire Robert Lewandowski from Bayern Munich for €50m is agreed in principle. The question is how can they possibly afford these players, given their well-documented financial problems?
Only last month president Joan Laporta compared #FCBarcelona to a patient who “was practically dead in financial terms”, while the vice-president for finance Eduard Romeu said that €500m was needed “to save the club”.
This was not surprising, given the magnitude of #FCBarcelona’s financial issues. Although things have moved on since the most recent accounts for the 2020/21 season, it’s worth reviewing these to explain why so many fans are scratching their head at this summer’s spending.
Read 47 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
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
Manchester United have announced financial results for Q3 of 2021/22, incorporating the first 9 months of the season (July 2021 to March 2022), so these are boosted by the return of fans to the stadium. Some thoughts in the following thread #MUFC
#MUFC swung from £18m pre-tax profit to £58m loss (£45m after tax), despite revenue increasing £65m (16%) from £400m to £465m and profit on player sales rising from £0.3m to £18m, as expenses were up £109m (27%) and net interest went from £18m recoverable to £31m payable.
The main driver of the #MUFC £65m revenue increase was match day, which rose £84m from £5m to £89m, as games no longer played behind closed doors, though commercial was also up £14m (8%) from £180m to £194m. In contrast, broadcasting fell £34m (16%) from £215m to £181m.
Read 24 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
💃 One last dance!

What madness will ensue on the final day of the Premier League season?

🧵 A thread... Image
⚽️⚽️⚽️ GOAL RUSH ⚽️⚽️⚽️

We're 250/1 that each team in today's #PremierLeague matches score at least one goal. Image
🔵 Jack Grealish is 7/4 to score against his former club and #ManCity win the Premier League title #MCIAVL Image
Read 6 tweets
Leeds United and Burnley have written to the Premier League, threatening to take legal action for their failure to punish Everton for what they believe to be a serious breach of the regulations. Relegation would have significant financial consequences. #EFC #LUFC #BurnleyFC
If a club breaches the Premier League’s Profitability and Sustainability rules, it can face sanctions ranging from fines to points deductions. #LUFC and #BurnlyyFC would argue that #EFC have enjoyed a competitive advantage, as the league has not sanctioned their high spending.
#EFC are adamant that they are in line: “'We have worked so closely with the Premier League to make sure we are compliant. We are comfortable we have complied with the rules. External auditors have told us what we can and cannot claim against the pandemic.”
Read 27 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
Leeds accounts for 11 months to 30 June 2021 (13 months in 2020) show an operating profit of £5m. Loan interest of £21m was waived resulting in profit before tax of £26m #LUFC
Leeds finished season with £29m in the bank. Club has £209m of liabilities.
Leeds spent £63m cash on players in 2020/21. Share issue, presumably to SF49, generated £23m and club borrowed £63m and repaid £14m of loans
Read 17 tweets
Deloitte have published the 25th edition of their annual Football Money League, which ranks the world’s leading football clubs by revenue, this time covering the 2020/21 season. Some thoughts in the following thread.
Deloitte said that the Money League remains “the most contemporary and reliable independent analysis of the top clubs’ relative financial performance”, which is largely true, even though they had to re-issue this year’s report after initially mis-stating #Milan revenue.
Revenue has obviously been significantly impacted by COVID-19. Deloitte estimate that the Money league clubs have missed out on well over €2 bln of revenue over the 2019/20 and 2020/21 season as a result of the pandemic.
Read 51 tweets

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