Newcastle publish 2021 accounts covering 11 months (13 in 2020) when Mike Ashley was still owner. 🔑 figures
Revenue £140m ⬇️ £13m
Wages £107m ⬇️ £14m
Loss £16m ⬇️ £27m
Player purchases £41m ⬇️ £35m
Debt £112m⬆️£5m
Cash £13m ⬇️£50m
Furlough claim £900k #NUFC
Total revenue down mainly due to shorter accounting period and so less earned from sponsors, plus a full year of matches played BCD.
Matchday revenue down 99% due to Covid. Even before Covid it had fallen by almost a quarter during the MA reign.
Broadcast revenue covers 38 matches, unlike many other clubs who had 44 in their 2020/21 accounts as they had 12 rather than 11 months in their accounting period.
Newcastle commercial revenue down 29% and lower than the first season that the club had under MA. Covid had an impact, but not the only reason for the poor figures as less than 10% of commercial revenue of MUFC, MCFC and LFC #NUFC
Wages on face of things down but 2021 figures cover 11 months compared to 13, so weekly wage actually increased from £52k to £54k a week. #NUFC
Other main cost relating to player is amortisation (transfer fees spread over contract length). This down by a third but mainly due to shorter accounting period and big write off of players in 2020.
Underlying losses before one off items and player sales down from £43m to £16m. This was slightly reduced by player sale profits. Overall profits under Ashley £30 million since he bought club.
Newcastle bought players for £41m and had sales of £2m, giving an overall net spend under MA of £195m in 14 years.
Gross squad cost at 30 June was £233m, less than a quarter of some other PL clubs.
Newcastle under MA appear to be the only Premier League club claiming furlough for the last two seasons. I guess that makes him unique.
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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.
Leicester announce 22/23 accounts for 13 months to 30 June. 🔑 figs
Revenue £177m ⬇️ 17%
Wages £206m ⬆️ 13%
Loss pre player sales £152m ⬆️ 91%
Player sale profits £75m
Player purchases £53m
Player sales £104m
Extending financial year from 31 May to 30 June allowed Leicester to squeeze in sales of Maddison but pre tax loss (start point for PSR) still £90m.
Leicester total losses over the years now £295m. Liabilities ⬇️ after owner converted loans into shares.
Everton publish 22/23 accounts: 🔑 figs
Revenue £172m ⬇️ 5%
Wages £159m ⬇️ 2%
Amortisation £77m ⬆️ 23%
Manager/coaching payoff £7m
Executive payoff £2.5m
Loss pre player sales £130m
Pre tax loss £89m
Player signings £91m
Player sales £61m
Borrowings £341m
Losses ⬆️ due to no longer having Usmanov sponsor deals, wage ⬇️ modest & interest costs doubling
Cash balance down as club dealing with significant monthly demands in terms of meeting payroll and new stadium costs. Total losses over the years now £550m
Stoke City financial summary. 🔑figures
⚽️Income £31m (no change)
🎟️Matchday £5m (⬇️10%)
⚽️ Wages £30m (⬇️19%)
⚽️ Operating losses £27m (⬇️7%)
⚽️ Player sales £16m
⚽️ Player purchases £3m
⚽️ Squad cost £20m (⬇️71m)
Total income static, but about a quarter of when Stoke were in PL. Stoke earned more than any other non-parachute payment club, mainly due to lucrative sponsor/commercial deals. Champ figs 21/22 unless says otherwise
Ticket sale income ⬇️10% despite crowds staying reasonably static at 20k. Lowest for a non-covid season for over a decade.