Rotherham day to day revenues down 46% in 2019/20 due to impact of relegation and a curtailed League One season due to Covid. #RUFC Image
Rotherham matchday revenue down a third, season ticket sales held up but smaller on the day sales (esp away fans in L1) and no income post lockdown. #RUFC Image
Broadcast income down 65% as EFL splits TV deal 80% Championship 12% L1 and 8% L2. Rotherham did benefit from some parachute payments in 2019/20 following relegation the previous season. Will bounce back up 2020/21 Image
Biggest cost for clubs is player related. Wages for Rotherham down 1/4 following relegation. Wages were 77% of income but include promotion bonuses. Ave weekly wage down to less than £2,700 per week, which is about average for L1. ImageImageImage
As a result Rotherham went from a £1m operating profit in the Championship in 2019 to a £3.4m operating loss in L1 in 20202, although player sales reduced this by about 2/3. ImageImage
Rotherham's borrowings went down by £3m, mainly relating to loans from the parent company. Not sure if repaid in the year or converted into shares (or a bit of both) Image
Rotherham bought players for just under £1/2m in 2019/20 but had more significant sales. Image
Rotherham received £405k in furlough grants from government. Operating costs up due to higher legal fees. Image
Rotherham pay rent of £1m a year on the stadium which is offset by sponsorship income of almost the same amount from Tony Stewart’s ASD Lighting. Image
Rotherham don’t see Brexit as a risk to the club as doesn’t recruit many EU players Image

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More from @KieranMaguire

18 Mar
Middlesbrough income ⬇️65% and operating losses pre player sales £38 million in year to 30 June 2020 #MFC #Boro Image
Middlesbrough total losses now total £206 million and club have £147 million of creditors. Image
All three revenue sources, Matchday, commercial and broadcast down in 2019/20, but end of parachute payments main driver of fall as TV income went from £40m to £8m. Director pay just £2k but main payment coming from elsewhere in Gibson O’Neill empire. Image
Read 12 tweets
10 Nov 20
DCMS report. Richard Masters of PL speaking first, says PL has advanced money due to EFL this season. Also confirmed £50m offer to L1 and L2. Chair of DCMS committee giving him pelters.
Masters says PL won't let any club go bust. DCMS chair describes PL approach as pitiful & that 10 clubs may struggle to make payroll this month.
Masters claiming no strings attached to £50m offer to L1 and L2 clubs other than standard loan terms.
Read 33 tweets
24 Oct 20
Manchester United’s audited accounts were published overnight. Here are a few random snippets from the 782 page document that weren’t in the headline figures a few days ago. Auditors picked up over £1.1m including £446k for tax avoidance advice. #MUFC
75% of Class ‘A’ shares owned by four investment funds. These carry 1 vote each. Glazers own all of the Class ‘B’ shares that carry 10 votes each. Ed Woodward owns shares worth £7.8 million.
Boardroom pay was £10.5 million. Won’t find out highest paid director until UK accounts published.
Read 15 tweets
23 Oct 20
Manchester United's 2020 results have been summarised via a press release, so here's a dip into what we know to date. Total revenue is down 18% due to a combo of Covid and not qualifying for the Champions League, lowest revenue since 2015. #MUFC
Manchester United have had highest revenue in the Premier League for many years. Other clubs have not published 2019/20 figures yet but it will be a battle for top spot, suspect they will maintain their position...just. #MUFC
Matchday income has been very consistent over the last decade. Owners have been criticised over many issues but ST prices have been constant now for many years. Loss of fixtures in front of paying audience & no CL main drivers of £21m fall.
Read 20 tweets
22 Oct 20
Gillingham results for 2019 sent to Companies House. Club lost £10,000 a week due to lower player sales & higher wages. Big investment of £418k on a new pitch Image
Gillingham had cash of £248k at 31 May 2019 Image
Gillingham Employee numbers up from 81 to 105. Could be due to the new school or Steve Evan’s butler and servants are now on the payroll. Image
Read 5 tweets
5 Jul 20
Appreciate others have done this too much better than me, but here is a timeline relating to Wigan and IEC.

May 21, 2018: IEC announces purchase of #WAFC from the Whelan family for £15.9m plus taking over existing loans of £6.5m.
8 June 2018, three weeks after acquiring Wigan, IEC announce a profits warning. #WAFC
12 June 2018, IEC announce a delay in sending out the details of the Wigan takeover to shareholders.
Read 28 tweets

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