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PriceOfFootball
@KieranMaguire
, 8 tweets, 4 min read Read on Twitter
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
Preston owners stuck in another £5.6 million in interest free loans last season to keep the club afloat. Club owe £36 million to owners in total
Preston bought players for £5.4 million and had sales of £10 million in 2017/18 #PNE #PNEFC
Preston owed over £2 million to other clubs for transfer fees at 31 May 2018 #PNEFC
Preston are owed over £8 million from other clubs for transfer fees at 31 May 2018 #PNEFC
Preston bought land for £1.5 million in 2017/18 #PNEFC
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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
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
Read 6 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
I published a study last week on where Premier League clubs source their money and what they spend it on by reviewing the clubs’ cash flow statements over the last decade. Today I do a similar exercise on Championship clubs – where the picture is very different.
In the 10 years between 2008 and 2017 Championship clubs had over £2.8 bln of available cash with the vast majority of financing £2.5 bln coming from their owners (loans £1.9bln and shares £0.6 bln)
So an incredible 87% of Championship clubs’ cash came from owner financing with just 7% from operating activities. This is in stark contrast to the Premier League with 54% from operations and 42% from owners. There was also £41m from (net) player sales & £45m from bank balances.
Read 22 tweets
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Osita Nwanevu
@OsitaNwanevu
Still find myself surprised by people who are extremely into politics without any concrete policy objectives per se, particularly on the Democratic side. It's basically fan culture.
"So and so seems like a nice person who means well" is definitely how normal people decide they like politicans in passing. But there's a subset of people who launch whole crusades on the basis of that feeling, and I still find it bizarre no matter how many times it happens.
Some of the anti-Sanders stuff is projection from people who can't understand politics beyond personalities. People who don't get that if Sanders backed away from Medicare for All tomorrow, he'd be tossed aside like a used tissue.
Read 22 tweets
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Alan Cooper
@MrAlanCooper
You realize, of course, that the ongoing vicious internecine battles over agile, XP, SAFe, Scrum, waterfall, and all the rest is bold and clear evidence for all to see that we never have and still don’t know how to build software. 1
And because these battles continue, and morph, and appear to change without ever actually changing is further proof that we never have and still don’t even know what the problem is, or where we might look to find a solution. 2
The narrow, qualified, problematic success of open source is one of the few lights in the darkness, and yet few people seem to gain any useful insight from it. 3
Read 11 tweets
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FranchiseKF
@FranchiseKF
Week 2 CFB. Gonna go down the rotation and talk ACC and SEC:

GT @ USF (+3.5/63) Color me surprised by side and total here. Expected USF to be slight chalk but hasn't been the case. Total feels about a TD too high to me here but this is a very high variance game, IMO.
Not much to be gleaned from either team's Week 1 games against Elon and Alcorn State. I'll start with GT, I think they could be a candidate for improvement this year. I think the big upgrade was getting rid of Roof at DC and hiring Woody. Simplifying things is usually good.
Didnt' see GT week one but appears they are still trying to get Marshall to throw more and he's still throwing like the A-Back he played prior to QB. Earlier this week USF LB was asked about GT and he said, "Navy with athletes". Last time they played Navy, 52-45 win in 2016.
Read 86 tweets
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Harshraj O+ve
@meinincubator
Ur True Journey as a #Trader starts only after you learn to ignore & stop Trading on so called Analyst Trading Call, Views, Opinions & start trying ur own Trading Strategy, Plan, System;
test them with small size, keep Trading Journal for tracking results to modify accordingly.
Those who not try to take efforts on his/her own,
sooner or later fall prey to Analysts who runs Slack Rooms (nothing wrong if one have legal authority to run) for Live Trading Calls & post same call on Social Media afterwards mainly if not going Acc. to their SR Call (unethical)
If not prey to Unethical Analyst then New Traders tends to take blind bets on Stocks without #Riskmanagement & Plan, Strategy.
Emotional Trading is cause of sure failure of #Trading.
Read 13 tweets
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Victoria Brownworth
@VABVOX
The women & men who worked on @HillaryClinton's campaign were extraordinary people. To see them dismissed by Brazile is so ugly & cruel.
I met many of these folks over the course of the 2yrs I covered the election & women like @ZerlinaMaxwell & @jmpalmieri were so helpful.
And a reminder that one thing we lost was a Cabinet filled with women & POC--like HRC's staff has ALWAYS been & as she pledged to voters.
Read 46 tweets

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