I would give @Only1Argyle 6 stars if I could in relation to their 2020/21 accounts. They are out early, they are comprehensive and they are transparent. #PAFC #Plymouth
Revenue was down 19% in 2020/21, mainly due to the season taking place behind closed doors. The main hit was in terms of matchday (down 68%) but broadcast was up and academy/merch/commercial was solid #PAFC
Main costs are wages, Argyle's hardly changed during the year although went up from 69% to 85% of income due to Covid.
Plymouth's underlying loss increased to £3.7m, but the club was smart enough to have business interruption insurance which paid out £2.5m due to Covid, as well as receiving a £1.1m grant from the Premier League. Furlough income was £310k
Plymouth player trading was modest, with £210k spent on recruitment, decent by division standards, and sales of £78k
Unlike some other clubs, Plymouth are debt free, with over £6 million in the bank, and have a sustainable business model. Great to hear they are planning a fan forum to explain the numbers too. A model approach that others should follow IMO.
Spreadsheet summary

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More from @KieranMaguire

18 Sep
A depressing but predictable outcome at Derby which will result in jobs lost, local businesses unpaid & responsibility for the mess denied by those in charge as they blame everyone but themselves. Expect a crocodile tears performance when they appear in front of the cameras
Read 9 tweets
17 Sep
Despite a full season of Covid, Manchester United's revenue exceeded that of any other EPL club from the previous season. #MUFC
Although almost every match was BCD, Manchester United still generated more money from matchday in 2020/21 than two other clubs did the previous season when Covid only impacted upon the last half dozen matches. Matchday income includes membership fees .
Combination of being in the Champions League and having more PL matches in the period 1 July 2020 to 20 June 2021 meant that broadcast income up by 82% to £255m.
Read 9 tweets
9 Aug
Premier League total income for 2019/20 down £633 million compared to previous season as Covid impact from March onwards. Gap between G6 and Other 14 average narrowed from £345m to £303m, which may 'justify' (in their own minds only) Project Big Powergrab & SuperLeague Franchise
EPL matchday income down 14% due to lockdown impact. Manchester United knocked off their perch for first time in EPL history by Spurs, who went from 4th to 1st. G6 clubs had 73% of matchday income, due to bigger stadia & more matches due to UEFA participation.
EPL broadcast income down £703m. Noticeable that Arsenal earned less than Sheffield United, a sign of a club clinging onto its 'Big Six' status?
Read 15 tweets
7 Aug
Newcastle finances headlines for 13m to 31/7/20
Revenue £153m (down 13%)
Matchday £17m (down 30%)
Wages £121m (up 20%)
Operating loss £43m (£11m profit)
Player purchases £76m (£43m)
Player sales £30m (£42m)
Lee Charnley salary £675k (£267k)
Total income includes full matches from 19/20 as accounts extended to 31 July, most other clubs only had 32 matches as published to 30 June. ImageImage
Matchday income down 30%, partly due to Covid. ImageImage
Read 16 tweets
26 Jul
Crystal Palace accounts for 2019/20 published, covers 13 months to include whole of season which ended in July:
Highlights #CPFC
Revenue down 8% to £142m
Wages up 11% to £132m (mainly due to 13 months)
Operating loss £60m
Player sale profits £0.5m
Total income includes all matches from 19/20, down a bit but expected due to loss of matchday & broadcast rebate.
Palace matchday down 19%. In bottom six of EPL which reinforces view that stadium expansion & new stand needed. #CPFC
Read 12 tweets
8 Jul
Forest Green Rovers of League Two do publish full accounts for 14 months accounts for 19/20 and made a profit of £800k, although the club did receive over £2.6m of sponsorship from other companies in the group #FGR
FGR cash substantially down and total losses over the years exceed £12.7 million.
FGR income up 30% despite Covid. Matchday income just 11% of total as commercial income from other companies in group substantial. Also had furlough income of £433k & £250k from Bolton after professional wrong ‘un weaselled on Christian Doidge deal
Read 6 tweets

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