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PriceOfFootball
@KieranMaguire
, 6 tweets, 3 min read Read on Twitter
Aston Villa Football Club Limited publishes losses of £32 million for 2017/18. Take these figures with extreme caution as exclude player wages and player transfer amortisation, which are in the accounts of parent Recon Group UK whose accounts are overdue #AVFC #SmokeAndMirrors
Villa income should be broadly correct for Group too. Gate receipts up due to playoffs. Broadcasting down £7m & likely to fall another £20m+ in 2018/19 as parachute payments taper. Sponsorship up due to training ground agreement
Wages for Aston Villa Football Club Ltd £6m excludes players in 2017/18. Recon Group in 2016/17 had wages of £61m including players.#AVFC
Aston Villa Football Club had accumulated losses for all the years of trading of the club of £265 million at 31 May 2018
New owners of Aston Villa controlling the club via a Luxembourg company.
Training ground sponsorship from Hong Kong parent last year was worth £1.9 million to Aston Villa #AVFC
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PriceOfFootball
@KieranMaguire
Burton Albion had a very modest trading loss by Championship standards of less than £6,000 a week offset by sale of Jackson Irvine to Hull #Brewers
No borrowing from Burton Albion in 2017/18 and only investment was £1,100 from share issue as club continued to live within its means. #Brewers
Gate receipts just £1.8 million for Burton Albion in 2017/18. Commercial income of £11m includes about £7m of TV money which will fall substantially in 18/19 as standard payout in League One is £1.1 million #Brewers
Read 6 tweets
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PriceOfFootball
@KieranMaguire
Preston show how a club that most assume are run modestly still find it tough financially in the Championship as lost £140,000 a week from trading & needed player sales to offset this #PNEFC #PNE
Chasm between Premier League & Championship broadcasting deals highlighted by Preston earning £7m from TV compared to £100-120m in the Premier League
Preston wage bill up 10% to £15million, which is low by Championship standards. Still paying out £113 in wages for every £100 of income though
Read 8 tweets
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PriceOfFootball
@KieranMaguire
Barnsley had lowest income in the Championship #BFC
Barnsley also had lowest wage bill in Championship in 2017/18 #BFC
Barnsley run a tight ship compared to many clubs in the Championship and paid out £85 in wages for every £100 of income
Read 4 tweets

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Swiss Ramble
@SwissRamble
Sheffield United’s 2017/18 financial results covered their first season back in the Championship after six years in League One, when they mounted an unlikely challenge for a play-off place before finishing a creditable 10th. Some thoughts in the following thread #SUFC
#SUFC reduced the loss from £5.7m to £1.9m, highlighting the “significant impact” of promotion. Revenue rose 76% (£8.7m) to £20.0m, but this was more than offset by the cost of operating in a higher division, as wages rose £8.9m (89%) to £19.0m & other expenses up £1.9m to £8.5m.
However, it is worth noting that #SUFC lower loss is essentially driven by higher profit on player sales, which rose £5.6m to £8.4m. If this is excluded, loss was actually larger in the Championship than League One. In addition, no repeat of prior season £0.6m player impairment.
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Kelvin Omuojine
@KCJine
We believe #Abuja should have a modern #football club for everyone & we ’re making it happen with @AbujaMetroFC. This series of tweets highlights our 3-year start-up plan. #AbujaMetroFC @youriplawyer_ @dejigbenro @fchiejine @Suraj35766 @UucheGE @Donfiazo @ELEGBETE1
Our goal is to establish a modern football club that the entire Abuja Metropolis can embrace. Our vision is for #AbujaMetroFC to become a model professional football club and grow to compete at the highest level of association football.
With the tested & trusted #CommunityOwnership model. Anyone can become a co-owner of #AbujaMetroFC. We will not need money bags to start & grow our own football club, just a group of people making token contributions, which gives them a % of the ownership of the club.
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Nate Silver
@NateSilver538
Voter enthusiasm/engagement is very high in the new Pew poll, with 61% of voters saying they're more enthusiastic than usual to vote in the midterms. This question is usually a pretty good predictor of overall national turnout. pewrsr.ch/2ONPD0q
Note, however, that GOP historically quite high by midterm standards -- it's just that Democratic enthusiasm is totally off the charts.
A pretty good #take is that with base turnout already expected to be quite high, the parties should spend the final 6 weeks of the campaign appealing to swing voters instead.
Read 3 tweets
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Swiss Ramble
@SwissRamble
Leeds United’s 2016/17 financial results covered a season when they finished 7th in the Championship under former head coach Garry Monk, thus just missing out on the play-offs #LUFC
2016/17 also saw Massimo Cellino’s three-year reign come to an end, as fellow Italian Andrea Radrizzani first bought a 50% stake in December 2016 before taking 100% ownership in May 2017. He reportedly paid £45m to acquire #LUFC.
#LUFC reported a £1m profit, around £10m better than the previous season’s £8.9m loss, mainly due to £6.1m increase in profit on player sales to £8.9m, though revenue also rose £4m (13%) to £34.1m.
Read 39 tweets
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Swiss Ramble
@SwissRamble
Blackburn Rovers’ financial results for 2016/17 covered “a season to forget for #Rovers fans”, as the club was relegated from the Championship to League One with manager Owen Coyle replaced by Tony Mowbray. The good news is that they have immediately bounced back in 2017/18.
#Rovers loss worsened by £2.3m from £1.5m to £3.8m, mainly due to £7.1m (32%) reduction in revenue to £14.9m and £6.0m fall in profit on player sales to £10.4m, offset by cost cuts: wages £3.4m (13%) to £22.0m, other expenses £4.8m (51%) to £4.5m & player amortisation £1.8m.
Main reason for what #Rovers Finance Director Mike Cheston described as “a significant drop in income” was the loss of parachute payments £10.5m, though the blow was softened by £4.3m solidarity payments. Match day and commercial slightly declined, by £0.2m & £0.1m respectively.
Read 35 tweets
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Swiss Ramble
@SwissRamble
Nottingham Forest recently published financial results for 2016/17, when they finished 21st in the Championship, narrowly avoiding relegation. After the season concluded, the club was purchased from Fawaz Al Hasawi by NF Football Investments Ltd. Some thoughts follow #NFFC
NF Football Investments Ltd is owned by Evangelos Marinakis (80%) & Sokratis Kominakis (20%). Marinakis is a Greek shipowner, who also owns perennial Greek champions Olympiacos. The takeover was concluded on 18th May 2017, i.e. at the very end of the 16/17 reporting period #NFFC
#NFFC reported a £32.1m profit against a £2.2m loss the previous season (a £34.3m improvement), largely due to loan write-offs increasing by £22.7m from £17.7m to £40.4m and profit on player sales rising £10.4m to £14.7m, mainly the sale of Oliver Burke to RB Leipzig.
Read 36 tweets

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