Premier League finances: the full club-by-club breakdown and verdict
Interesting Piece in the guardian about EPL finances.
https://www.theguardian.com/football...-guide-2016-17
Man Utd top of the pile with a £581m income and £57m profit
Them lot down west look in trouble unless they can get rid of a stack of players
Wages £99m (10th highest, 77% of turnover) which is scary
interesting Highest-paid director is Huw Jenkins, £633,666, it must pay to " be a jack through and through " :hehe:
Re: Premier League finances: the full club-by-club breakdown and verdict
Quote:
Originally Posted by
blue matt
Interesting Piece in the guardian about EPL finances.
https://www.theguardian.com/football...-guide-2016-17
Man Utd top of the pile with a £581m income and £57m profit
Them lot down west look in trouble unless they can get rid of a stack of players
Wages £99m (10th highest, 77% of turnover) which is scary
interesting Highest-paid director is Huw Jenkins, £633,666, it must pay to " be a jack through and through " :hehe:
These figures were for season 2016/17 .I think an interesting comparison for us is with Burnley (their year end 30 June 2017 and CCFC`s 31 May 2017.
Burnley had total income of £121m - £105m from t.v , £8m from matchday income and £8m from commercial income.
CCFC had total income of £28.8m - £20.6m from t.v , £3.5m from matchday and £4.7m from commercial.
In the Premier League , I would expect our total income levels across all categories to rise to and get to at least their £121m overall total. The t.v money is virtually guaranteed to get to £100m , and we will have bigger matchday attendances than them (but we have to give a slice of catering income to Compass still) , and we will be commercially more attractive (they have loads of local competition at the top level).
Burnley`s wage bill for 2016/17 was £61m (joint lowest in the Premier with Hull but shows that , with careful buying of the right player , you can still avoid relegation with a lowish wage bill).
CCFC`s wage bill was £29m.
Burnley made a net profit of £27m that season. CCFC made a net loss of £21.1m.
Summary - Burnley income £121m , wage costs £61m , other costs £33m , net profit £27m
CCFC income £29m , wage costs £29m , other costs £21m , net loss £21m.
If we can limit our increase in wage costs to about double current levels (actually 2016/17 ones - I suspect our 2017/18 ones were lower than that), then there is no reason why we can`t make a profit like Burnley did and achieve survival without breaking the bank. In a worst case scenario if we were to fail on the field, then at least we would be on a sounder financial footing back in the Championship.
Re: Premier League finances: the full club-by-club breakdown and verdict
Quote:
Originally Posted by
Since62
These figures were for season 2016/17 .I think an interesting comparison for us is with Burnley (their year end 30 June 2017 and CCFC`s 31 May 2017.
Burnley had total income of £121m - £105m from t.v , £8m from matchday income and £8m from commercial income.
CCFC had total income of £28.8m - £20.6m from t.v , £3.5m from matchday and £4.7m from commercial.
In the Premier League , I would expect our total income levels across all categories to rise to and get to at least their £121m overall total. The t.v money is virtually guaranteed to get to £100m , and we will have bigger matchday attendances than them (but we have to give a slice of catering income to Compass still) , and we will be commercially more attractive (they have loads of local competition at the top level).
Burnley`s wage bill for 2016/17 was £61m (joint lowest in the Premier with Hull but shows that , with careful buying of the right player , you can still avoid relegation with a lowish wage bill).
CCFC`s wage bill was £29m.
Burnley made a net profit of £27m that season. CCFC made a net loss of £21.1m.
Summary - Burnley income £121m , wage costs £61m , other costs £33m , net profit £27m
CCFC income £29m , wage costs £29m , other costs £21m , net loss £21m.
If we can limit our increase in wage costs to about double current levels (actually 2016/17 ones - I suspect our 2017/18 ones were lower than that), then there is no reason why we can`t make a profit like Burnley did and achieve survival without breaking the bank. In a worst case scenario if we were to fail on the field, then at least we would be on a sounder financial footing back in the Championship.
Thanks for your input here Keith, well constructed and easy to understand. As you conclude, if we were to be relegated then there is every chance we would be on a much firmer base to mount a challenge the following season. Something in fact that Burnley recently did themselves of course.
