Spurs (admirably detailed) publish 2021 accounts: Key numbers are
Revenue down £60m
Wages up £20m
Loss before tax up to £80m
Player purchases £110m
Borrowings £853m
Transfer fees owed to other clubs £170m #THFC
Spurs revenue ⬇️ by £60m mainly due to matches behind closed doors. UEFA money down £27m due to lack of CL participation. EPL 📺 money ⬆️ £89m as played 44 games in year to 30 June 2021 compared to 32
Spurs wage bill up £23m to £204m but still over £100m lower than MCFC, MUFC and LFC. Amortisation (transfer fees spread over contract life) down but may be due to a player impairment (writedown) of £8.5m
Overall Spurs made a loss from day to day activities of £62m ⬆️ £23m and pre tax loss £80 (up £12m)
Spurs balance sheet shows total liabilities of nearly £1.5 billion but this is covered by assets
Daniel Levy pay ⬇️ £261,000 to just £2,698,000. Spurs fans considering crowdfunding to make up the deficit.
Spurs continue to invest in infrastructure with spend of £22m in 2020/21
Spurs bought players for £109.7m in 2020/21 and had sales of £22.2m
Spurs are owed £19m from player sale transfer instalments and owe other clubs £170 million in instalments
Total borrowings £853m but majority of it not due for repayment until 2051 after loans rescheduled
Spurs had net transfer spend of £47m in summer 2021 which may rise to £67m with add-ons.
Spurs revenue still > £100m lower than that of Manchester United. The new stadium (full) and CL participation should take them beyond £500m, significant rise over the last decade.
Spurs matchday only £2m but could be the highest in the PL due to *cough* price discrimination strategies (closes textbook) that maximise take from different wealth levels of fan groups. £120m in a full season is feasible with decent domestic/Euro cup runs.
Broadcast income could be higher still if make CL and have better position in table than at present. New US TV deal will kick in a few years too which will increase numbers further.
Commercial income impacted by Covid but still shows that move to new stadium popular with sponsors. Spurs will be happy to be above Arsenal but not a global brand to same extent as some other clubs.
Spurs wages up but still the envy of most of the PL in terms of a proportion of income.
After a few years in which there was wage restraint as club moved to new stadium, Spurs now paying substantially more than many clubs.
Spurs squad now costs £481m, sizeable but a long way behind some of its peer group in terms of wanting to win trophies.
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Bristol City publish 23/24 accounts: 🔑figs:
⚽️Revenue £42.4m ⬆️16% despite only covering 12 months instead of 13 in 22/23
⚽️Wages £34.9m ⬇️3%
⚽️Underlying losses £22.5m ⬇️20%
⚽️Player sale profits £21.7m ⬆️128%
⚽️Player purchases £3.7m
⚽️Player sales £21.7m
⚽️Total losses over the years £224m
⚽️Total Steve Lansdown investment £282.4m
Development at Ashton Gate has been a big driver of ⬆️revenue at Bristol City, with commercial income now 60% of total. This means that City generate more revenue than any other non-parachute payment club. (Most figures are for 2023, except for the clubs that have not published 2024 such as #BCFC, and Reading, who have a rogue owner who thinks the law does not apply to him).
Main costs for clubs are player related. Staff numbers slightly ⬆️but wage bill ⬇️ due to only 12 months period. Average weekly wage of £16K very competitive for a non-parachute team but wages continue to fall as a proportion of income. Other player related cost is amortisation (player transfers spread over contract life) and this is mid table by divisional standards.
Hull City publish 23/24 accounts: 🔑figures
⚽️Revenue £21.2m ⬆️17%
⚽️ Wages £29.6m ⬆️25%
⚽️Average weekly wage £13,700
⚽️Underlying losses £26.4m ⬆️28%
⚽️ Player sale profits £8.3m ⬇️45%
⚽️Player purchases £8.5m
⚽️Player sales £10.4m (plus £30m post season)
⚽️Loans from owner in year £27.9m
Revenue fairly evenly split, rise in year mainly due to better commercial sales and slight rises in matchday and new EFL TV deal. Only a handful of clubs have submitted 23/24 accounts, Reading's owner thinks the laws of the land do not apply to him so has not yet submitted 22/23
Main costs for clubs are player related. Substantial increase in wages and amortisation (player signings spread over contract length) as new owner invested heavily in playing talent resulting in Hull being at top end of non parachute payers.
A history of Premier League transfer spending. First season (1992/93) total spend was £65m and QPR spent just £197k. Newly promoted Blackburn were the biggest spenders due to Jack Walker's investment in the likes of Alan Shearer, Stuart Ripley, Kevin Gallagher & Graham Le Saux.
1993/94 spending up to £78m. Blackburn continue to be the biggest spenders, Champions Manchester United were outspent by...err...Swindon.
First £100m spend season, Everton became the first team to eight figures spent in a season with Ferguson, Samways, Amokachi and Barrett all joining the club on big deals. QPR again smallest spenders. Man City and Chelsea outspent by Wimbledon.
Chelsea FC Holdings submit 22/23 accounts. 🔑 figs
⚽️Revenue £512m ⬆️ 6%
⚽️Wages £404m ⬆️ 18%
⚽️Player costs (wages & amortisation) £119 for every £100 of revenue
⚽️Day to day losses £249m
⚽️Player purchases £745m
⚽️Player sales £203m
⚽️Borrowings in year £428m
Losses ⬆️ from £242m to £249m for day to day running of club but sale of hotel to another part of group, £30m of financial settlements & player sales ⬇️ this to £90m
Chelsea have cash in bank, total losses adding all the years together now £1.135 billion
Whilst #Rovers 🔑 revenue streams, matchday, broadcast & commercial all ⬆️ significantly. However general overheads ⬆️ too which meant no change to op losses. Sale of Armstrong in 21/22 halved losses
Both accounts & audit report reference that there is a material uncertainty over ability of club to trade as a going concern. Should no noted that audit report dated December 2023 & things may have improved since then
Burnley publish 22/23 accounts; 🔑 figs
Revenue £65m ⬇️ 47%
Wages £54m ⬇️ 42%
Loss pre player sales £41m
Player purchases £84m
Player sales £21m
Borrowings £101m
Big change in pre tax profit of £36m in 21/22 to a loss of £36m in 22/23. Mainly due to ⬇️ in revenue following relegation and player sale profits ⬇️ from £54m to £11m.
Burnley still have substantial cash but this due to the Club borrowing substantial amounts during the year as liabilities ⬆️. Burnley still profitable over the years.