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.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
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.
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
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.
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?
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