Manchester City biggest Premier League income generator in 21/22. Manchester United still a long way ahead of the pack over the 30 yrs of the PL. Income £300m higher overall than previous record.
Matchday income headed by Manchester United for 30th consecutive year. Spurs have capacity to overtake but would need a few more cup matches. Matchday 13.7% of total income.
Broadcast income £2.97 billion in 21/22. Lower than previous season in which many clubs played 44 PL games in period 1 July to 30 June in their financial year and so 20/21 figs distorted. Liverpool reaching CL final means they topped the table.
Manchester City became first club to generate over £300m from commercial income in a season. To put into context City made more commercial income in one season than NUFC did in the whole Mike Ashley era
Main costs for clubs are player based. Manchester United top wage table due to signing of you know who, as their wage bill increased by £61m. Big 👏to Brentford for not just getting up but staying up on average wage of £31k a week.
Other player cost is amortisation (transfer fee spread over contract length). Chelsea by far in front and that's before the big spend (albeit over long contracts) under Boehly.
Cleaned EBIT profit is total income less recurring expenses, so excludes one off events (redundancy, debt write offs, impairments, player sale profits etc). Total losses £842m, compared to £957m and £1,291m in previous two seasons.
Losses can be reduced by player sale profits. Chelsea once again the most successful team in this area due to Tomori and Abrahams, Villa second due to Sir Jack of Grealish.
Net interest costs for PL in 21/22 were £194m, of which half was in relation to #MUFC and #THFC. Total interest costs under the Glazers now £917m
Taking into account player sales, interest and one off transactions gives overall loss before tax of £524m compares to £752m in 2021 and £993m in 2020
Total player spend by PL clubs in 2021/22 was £1.89 billion. Could see the £2bn barrier being broken in 22/23. Remember signings are relate to the financial year which is usually 31 May or 30 June
Player sales were just over £800m, so a £1bn net spend for first time in PL history.
Many transfers are on instalment bases. PL clubs owed £1,867m and were only due to recover £800m from player sales.
Total borrowings of PL clubs at end of 21/22 were £4.1 billion. Would have been higher but Chelsea sale meant £1.5bn due to Abramovich written off. UEFA use a metric called football net debt which is borrowings + transfer fees payable less cash less transfer fees receivable.
At executive level Chelsea paid £35m to Marina G for assisting in the sale of the club, other directors seeing rises, but still most CEO's paid less than first team players
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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.
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