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26 Jan, 4 tweets, 3 min read
After yesterday’s review of #FCBarcelona financials, I was asked to provide some more detail on their transfer debt, which increased from €261m to €323m in 2020. Amounts owed to Barca by other clubs fell from €178m €168m, so net payables nearly doubled from €83m to €155m.
#FCBarcelona largest transfer debts are with #LFC €69m (Coutinho), Juventus €65m (Miralem Pjanic €58m and Matheus Pereira €8m), Ajax €64m (Frenkie De Jong), Gremio €21m (Arthur), Bordeaux) €20m (Malcolm), Valencia €20m (Neto) and Sporting €19m (Trincao).
However, it is important to note that some clubs have sold their debt to financial institutions (for a fee), so no risk of default/delayed payment in the cases of #LFC, Ajax, Gremio, Bordeaux, Valencia and Atletico Mineiro. Juventus payable is offset by their purchase of Arthur.
#FCBarcelona are in turn owed €168m transfer fees from other clubs. The largest receivable is from Juventus €75m (Arthur €66m, Marques €8m and Moreno €1m), followed by Zenit St Petersburg €29m (Malcolm), Getafe €12m (Marc Cucurella) and Roma €11m (Carles Perez).

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More from @SwissRamble

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27 Jan
#BristolCity 2019/20 financial results cover a season when they finished 12th in the Championship. Head coach Lee Johnson was replaced by Dean Holden in July 2020. Finances were impacted by COVID-19. Some thoughts in the following thread.
#BristolCity swung from £11m profit before tax to £10m loss, mainly due to profit on player sales falling £12m from £38m to £26m, while revenue dropped £3m (10%) from £30m to £27m and expenses rose £6m (10%) to £64m. After tax, £10m profit to £9m loss. Image
#BristolCity revenue decrease was mainly driven by commercial falling £2.3m (14%) to £13.9m, though match day also dropped £1.2m (21%) to £4.8m, as 5 games were played behind closed doors. On the other hand, broadcasting increased £0.5m (6%) to £8.6m. Image
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25 Jan
#FCBarcelona 2019/20 accounts cover a season when they finished second in La Liga and reached the quarter-finals of the Champions League and the Copa del Rey. Their finances were significantly impacted by COVID-19 in the last 3 months. Some thoughts in the following thread.
#FCBarcelona swung from €4m pre-tax profit to €128m loss (€97m after tax, due to €31m tax credit). Revenue dropped €135m (14%) from record €990m to €855m, including €21m reduction in gain on player sales. This was only slightly offset by expenses falling €7m.
As a technical note, the #FCBarcelona definition of €855m revenue is different from the standard Deloitte Money League figure of €729m operating income, as it includes €80m gain on player sales, €45m impairment reversal and €2m for work performed and capitalised.
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18 Jan
Southampton’s 2019/20 financial results covered a “successful” season when they improved their position in the Premier League from 16th to 11th under manager Ralph Hasenhüttl, but their finances were significantly impacted by COVID-19. Some thoughts follow #SaintsFC
#SaintsFC pre-tax loss widened from £41m to £76m, as revenue fell £23m (15%) from £150m to £127m and profit on player sales decreased £7m from £21m to £14m, while total expenses grew £5m. Loss after tax increased from £34m to £62m.
#SaintsFC £23m revenue fall was driven by broadcasting’s £19m (17%) decrease from £113m to £94m, mainly due to 6 Premier League games being played after 30 June accounts close. Match day was also down £2.6m (15%) to £14.5m, while commercial dipped £1.1m (6%) to £18.7m.
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11 Jan
#Milan 2019/20 accounts cover a season when they finished 6th in Serie A and reached the semi-final of the Coppa Italia, but were excluded from Europe for FFP issues. Second season under the ownership of American hedge fund, Elliott Management Corporation. Some thoughts follow.
#Milan pre-tax loss widened from €143m to €192m (post-tax €195m), the worst result in club’s history (partly due to COVID), as revenue fell €56m (25%) from €228m to €172m, while profit on player sales up €3m to €15m. Expenses slightly lower, including €30m exceptionals.
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4 Jan
#RealMadrid 2019/20 accounts cover a season when they won La Liga, were quarter-finalists in the Copa del Rey, won the Supercopa de Espana and exited the Champions League in the last 16. Finances impacted by COVID-19 in the last 3 months. Some thoughts in the following thread.
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23 Dec 20
#Millwall 2019/20 financial results covered a season when they improved their position in the Championship from 21st to 8th. Manager Neil Harris left in October 2019, replaced by Gary Rowett. COVID-19 had a substantial impact on the club’s operations. Some thoughts follow.
#Millwall pre-tax loss widened from £0.7m to £10.9m, largely due to profit on player sales dropping £5.3m to £0.1m, though COVID and a run to FA Cup quarter-final prior year meant revenue fell £2.0m (11%) from £18.4m to £16.4m, while expenses rose £2.3m (9%).
#Millwall revenue decrease was largely driven by match day falling £1.3m (23%) to £4.4m,  as 5 games were played behind closed doors, while broadcasting decreased £0.7m (7%) to £9.4m. Commercial income held steady at £2.7m.
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