Discover and read the best of Twitter Threads about #mcfc

Most recents (24)

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
Barcelona want around €80m for Frenkie de Jong having previously agreed a slightly higher €85m deal with #MUFC. #CFC are now in direct talks. De Jong has been consistent that he wants to stay but refused to take a pay cut. He is more open to Stamford Bridge than Old Trafford.
As previously reported, Barcelona will need to explicitly tell de Jong he’s not wanted and must leave, and Chelsea have asked for guarantees if they move the saga won’t drag on. Unlike #MUFC they will get player buy in early if things progress.
Barca really want Bernardo Silva, and need the de Jong transfer fee and squad space to make that happen.
Read 8 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
As a follow-up to yesterday’s thread on how the “Big Six” in the Premier League fared during the COVID era, here is an alternative view for each club. I’ve also added a few other clubs which needed more financial support over the two years of the pandemic (2019/20 and 2020/21).
#AFC posted a huge £181m pre-tax loss, though this was inflated by interest payable including a once-off £32m refinancing fee, as around £200m external bonds were redeemed and replaced by a loan from Stan Kroenke. Net cash outflow of £148m was funded by reduction in cash balance.
#CFC enormous £294m operating loss was partially offset by £171m profit from player sales, but they still made £120m pre-tax loss. However, net cash outflow was restricted to £20m, mainly due to relatively low net player purchases plus £50m share capital from Roman Abramovich.
Read 15 tweets
While it is obvious that football clubs have suffered over the last two years due to the impact of COVID, I thought it might be interesting to look at how their finances have been impacted, both in terms of the profit and loss account, but also the important cash flow statement.
For the purpose of illustrating the effect of the pandemic, I have looked at the Big Six Premier League clubs, comparing the numbers for the last two sets of published accounts (2019/20 and 2020/21) with those reported for the preceding two seasons (2017/18 and 2018/19).
Most fans will understandably focus on a club’s profit and loss account, particularly revenue and wages, but the cash flow statement will also incorporate the money spent on players and infrastructure, thus providing a more complete picture.
Read 51 tweets
A thread on Last 5 season Top 6 comparison #NetSpend head to head.

Plus individual NetSpend per team for the last 5 seasons

#MCFC, #LiverpoolFC, #MUFC, #Arsenal, #Chelsea, #Spurs
Average spend, purchases and NetSpend per year for the last 5 seasons
Further break down of total Sales/Purchases/NetSpend side by side over the last 5 seasons
Read 10 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
It is 20 years this summer since the Etihad - or City of Manchester Stadium - as it was known opened its doors.

But what happened when #MCFC turned off the lights at Maine Road for the final time?

A thread... 🧵 ImageImage
Moss Side-born artist Andrew Matthews recalls living around Maine Road:

"You had to be quite streetwise growing up in Moss Side, I suppose. It was a proper community – and the place would come alive on Saturdays if City were playing.” ImageImage
20 years on, it is now a housing estate known as Maine Place, incorporating more than 300 properties and designed around a crescent called Blue Moon Way.

The developers were supposed to paint the crescent blue but, all these years later, nobody seems to know anything about it. Image
Read 6 tweets
Manchester City selling key players as well as buying them sees a 2022 refresh for Pep Guardiola's side. This weekend's Morning Star column. #MCFC Image
Man City could look different next season, partly due to new players but also maybe bigger roles for Foden and Grealish too. Article online here. morningstaronline.co.uk/article/s/manc…
This weekend's paper also contains a copy of the @CountryStandard and a guide to the @TolpuddleFest Image
Read 4 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
In advance of the Women’s Euro 2022, I thought it might be interesting to review the finances of the FA Women’s Super League (WSL) for the 2020/21 season, albeit severely impacted by the COVID-19 pandemic with almost all games played behind closed doors.
Reviewing WSL financials is made more difficult by the fact that not all clubs publish detailed accounts, so some lack information on revenue, expenses, wages and headcount. Nevertheless, there is enough data available to identify some common themes.
Overall the WSL reported a record pre-tax loss of £9.7m for 2020/21, which was £2.5m more than the previous season’s £7.2m  and slightly higher than the £8.9m deficit in 2018/19. Note: the WSL increased the number of clubs from 11 in 2019 to 12 in 2020.
Read 43 tweets
UEFA have announced new Financial Sustainability regulations from June 2022. President Aleksander Ceferin explained, “The evolution of the football industry, alongside the inevitable financial effects of the pandemic, has shown the need for wholesale reform and new regulations.”
UEFA director Andrea Traverso noted, “Competitive imbalance cannot be addressed simply by financial regulations. It must be addressed in combination with other measures. This is why we changed the name. The name fair play was interpreted as creating a level playing field.”
Ceferin added, “UEFA’s first financial regulations, introduced in 2010, served their primary purpose.” Now, instead of so-called Financial Fair Play, the focus is on the financial sustainability of clubs with 3 key pillars being monitored: solvency, stability and cost control.
Read 38 tweets
Romelu Lukaku will get his move back to Inter. Inter will pay a loan fee of €10 million plus add ons. Chelsea pushed for a player-swap but Inter refused to include Skriniar, Dumfries or Bastoni. Martinez was never a realistic possibility or open to the move.
Sources from both clubs say things are close to being finalised and it’s a case of “when not if” now.
Also told that Inter believe Skriniar can be sold for more in a straight sale, with PSG and Spurs interested. Inter remain open to a sale. They ideally only want to lose one defender this window, even though their financial situation could still force more outgoings.
Read 6 tweets
Recently on Talk Sport Simon Jordan @Sjopinion10 claimed, “Klopp’s net spend is £28m-a-year, Pep’s is £100m-a-year.” This thread will look at #LFC and #MCFC accounts to see whether this statement is correct – and whether we should assess their expenditure in a different way.
Klopp arrived at #LFC in October 2015, i.e. after the 2015 summer transfer window, so the 2016/17 season is his effective starting point. Guardiola started at #MCFC in 2016/17, so it’s the same for him. This analysis will therefore look at the 5 years up to the 2020/21 accounts.
In that period, #MCFC have reported £656m net spend, averaging £131m a year, which is over twice as much as #LFC £318m (£64m average). In fact, Liverpool have also been outspent in this period by #MUFC £630m, #CFC £465m, #AFC £428m and #EFC £359m.
Read 25 tweets
🎙️| Vincent Labrune (Ligue 1 chairman) on Javier Tebas FFP claims against #ManCity and PSG:

"First, in relation to financial stability and sustainability, two of your clubs - Real Madrid and Barcelona - have broken a multitude of records in the past decade..."
🎙️| Vincent Labrune:

"In terms of transfer fees, these two clubs have broken the world record six times. In terms of player salaries, Real Madrid currently has two of the highest-paid players in world football sat on their bench [Gareth Bale and Eden Hazard]..."
🎙️| Vincent Labrune:

"In terms of debt, Barcelona is reported to have a debt level of €1.5billion, and this is despite the European Court of Justice finding that Real Madrid and Barcelona benefitted from illegal state aid."

#ManCity | #MCFC | #MCI
Read 3 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
My 1st @goalkeeper_com piece:

How many goals were the big 6 GKs worth vs the avg #PL GK?

#Alisson was worth ~19 goals! What more does a GK have to do to get #POTY!

#DeGea was the best shot stopper but his weak shot prevention & distribution meant he was only worth ~3 goals!
#Ederson was the best distributer & his shot preventing was class but his below average shot stopping means his value is far below #Alisson’s!

#Ramsdale’s performances at the end of the season were average but his incredible start means he ended the year with great numbers!
#Mendy was in 2nd place for goal value throughout the year but a poor final few games caused him to drop off, still he was worth ~6 goals to #Chelsea!

#Lloris has gone under the radar this year & while his distribution was pretty weak his shot stopping & sweeping was class!
Read 10 tweets
There have been a few analyses of football club debt published recently, which are at best misleading, if not downright incorrect. So it’s once again time to wheel out my explanation of why debt figures should be treated with caution, as there are so many different definitions.
For the purpose of this review I will take the 2020/21 audited accounts of those clubs featuring in the Deloitte Money League (with the exception of Zenit St Petersburg, where I have not managed to source the details).
At the narrowest extreme, we have just bank debt, but the broadest extreme covers total liabilities, which includes all financial obligations, including transfer debt, staff payables, tax liabilities, trade creditors, provisions, accrued expenses and even deferred income.
Read 39 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
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
Paris Saint-Germain’s 2020/21 accounts cover a season when they were Ligue 1 runners-up, though they won the title again in 2021/22, their 8th in 10 years. Also reached the Champions League semi-final and won the Coupe de France. Some thoughts in the following thread #PSG
#PSG were acquired in 2011 by Qatar Sports Investments (QSI), a subsidiary of Qatar's sovereign wealth fund Qatar Investment Authority (QIA), making the club by far the richest in France and one of the wealthiest in the world. Nasser Al-Khelaifi is the club’s chairman and CEO.
Partially due to COVID, #PSG pre-tax loss increased by €100m from €125m to club record €225m, despite revenue increasing €10m (2%) from €560m to €570m, as €55m profit on player sales turned into a €5m loss, while operating expenses shot up €56m (8%). Post-tax loss €224m Image
Read 50 tweets
🤝 Haaland is on his way to City, as predicted in millions of #FM22 saves.

⬆️ I'm currently enjoying a long-term save with Blackpool but there's just no hope of breaking into the elite whilst he remains at City. #MCFC

🧵 Let's take a look at his City career in the year 2033...
This is what his profile looks like at 33 YEARS OLD. There is just no letting up for this beast, and he seemingly gets better with age. 18-20 attributes everywhere you look. Silly stuff.
😆 He signed for Manchester City in 22/23 for £135m and proceeded to score 310 goals in 360 games.
Read 5 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

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