8 of the 9 highest revenue increases over 2020/21 came from English clubs. #LFC led the way with an impressive £106m, followed by #MUFC £89m and #THFC £82m. The biggest reductions were at two Italian clubs, troubled Juventus £44m and Inter £32m.
Despite both Spanish giants growing revenue, they were still far below pre-pandemic levels. #RealMadrid were down €44m (6%), while #FCBarcelona have fallen a massive €203m (24%) from their Money League all-time high of €841m in 2019 (even before pulling economic levers).
Revenue for the Top 20 clubs rose €1.0 bln (13%) from €8.2 bln to €9.2 bln, which is marginally lower than the 2019 peak of €9.3 bln, though still the second highest ever total in the Money League.
3 clubs had match day revenue above £100m, namely #PSG £112m, #MUFC £107m and #THFC £106m, closely followed by #LFC £95m. At the other end of the spectrum, 3 English clubs had revenue less than £25m: #LUFC £24m, #LCFC £21m and #EFC £15m.
#LFC reported the highest broadcasting income of £266m, thanks to good sporting performance. The importance of European qualificatioin is clear.
Highest commercial revenue generated by #PSG £324m, just ahead of #FCBayern £320m and #MCFC £316m. Largest growth since the pandemic came from City and #LFC.
The Premier League contributed a record 11 clubs in the Top 20 and 16 in the Top 30.
#MCFC £619m were £25m ahead of #LFC £594m, even though they were behind the Reds in both match day £41m and broadcasting £17m. These shortfalls were more than offset by commercial, where City report £83m more.
#PSG wage bill is easily the highest of the Money League clubs at a massive £615m, followed by #RealMadrid £441m and #FCBarcelona £395m. Highest placed English club is #MUFC £385m, followed by #LFC £368m, #MCFC £353m and #CFC £342m.
Highest wages to turnover ratio is at #PSG with 111%, followed by three English clubs: #EFC 96%, #NUFC 95% and #LCFC 85%. This helps explain recent financial constraints at Everton and Leicester, while Newcastle are clearly in investment mode.
An explanation of how the new format for UEFA competitions will work from next season, including an explanation of the revenue distribution.
The number of clubs in the Champions League will increase from 32 to 36 with the group stage of 8 groups of 4 teams being replaced by a single league of 36 teams, then a new knockout round, before reverting to the traditional last 16.
Total revenue distribution will increase by 21% from €2.7 bln to €3.5 bln. Lion's share will go to the Champions League €2.5 bln, followed by Europa League €565m and Europa Conference €285m.
Quick review of the money earned by England's Champions League representatives to date after this week's matches.
#MCFC lead the way with £93m, followed by the other quarter-finalists #AFC £80m. The two clubs eliminated in the group stage earned less: #MUFC £51m and #NUFC £29m.
Champions League TV money is split into 4 elements:
- Participation Fee
- Prize Money
- UEFA coefficient
- TV pool
Each club that reaches the group stage receives a €15.6m participation fee.
So Everton have been deducted 10 points by the Premier League for a breach of the Profitability & Sustainability Rules #EFC
I have frequently looked at their case, the last time during an overall review of FFP. The article can be found on my blog here swissramble.substack.com/p/financial-fa…
However, given the importance of this decision, I've attached a series of screen shots from that article that help explain the background #EFC
First, Everton's initial FFP situation over the monitoring period up to 2021/22, where they are a fair way over the maximum allowed loss #EFC
Analysis of Rangers' 2022/23 financial results, when pre-tax loss slightly increased to £3m, as revenue fell 4% to £84m and operating expenses rose £11m, partly offset by profit on player sales more than doubling to club record £24m #RangersFC
In terms of profitability, #RangersFC and #CelticFC were at the opposite end of the spectrum with Rangers posting a small £3m pre-tax loss, while Celtic generated a record £41m profit.
Given that both clubs qualified for the Champions League, the size of the gap might come as a surprise. Cost bases are very similar, but #CelticFC revenue is substantially higher plus once-off other income, partly offset by #RangersFC better player sales.
Analysis of Manchester United's first quarter financials for the 2022/23 season. Loss increased, as operational improvement wiped out by higher interest. No dividend payment. Gross financial debt up to £680m. Highest ever PL transfer debt £307m #MUFCswissramble.substack.com/p/manchester-u…
A few points from the detailed analysis of Manchester United's Q1 2022/23 results #MUFC
Gross financial debt increased £44m to £680m since year-end, so is now £76m higher than the £604m owed after the Glazers’ leveraged buyout nearly 20 years ago. Largely due to the weakening GBP, as most of the debt is denominated in USD #MUFC