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Deloittes Latest Review of footbal finances - still madness


Rob W
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http://www.deloitte.com/view/en_GB/uk/indu...tball/index.htm for downloads

 

Still crazy out there

 

Europe’s premier leagues

• Despite significant economic headwinds, the European football market grew by 4% to €16.3 billion in 2009/10.

The ‘big five’ leagues’ revenues grew by 5% to €8.4 billion, with all five leagues demonstrating revenue growth. Broadcasting revenue was the main driver of

growth (up 8%) and now stands at over €4 billion.

 

• The Premier League increased its revenue to almost €2.5 billion in 2009/10. The gap to the second highest revenue generating league, the Bundesliga, now

exceeds €800m.

 

• The Bundesliga’s revenue grew 6% to €1,664m, driven by an impressive increase in commercial revenues, and the largest average attendance (42,700) in European football.

 

• La Liga revenues grew by 8% to €1,622m, the highest absolute and relative growth of any of the ‘big five’ leagues. Much of the growth was driven by Real

Madrid and Barcelona (whose collective revenues increased by €69m).

 

• Serie A’s revenues increased by 3% to €1,532m leaving it in fourth place of the ‘big five’ leagues, ahead of Ligue 1 whose clubs’ revenues grew by 2%

to reach €1,072m. UEFA’s decision to hold Euro 2016 in France provides a significant opportunity for French clubs to refurbish stadia to increase attendances and

revenue. Whilst Italy lost out, it still needs to invest to improve its outdated stadia.

 

• Football’s greatest business challenge remains cost control, with the ‘big five’ leagues’ wages increasing by over €400m (8%) to exceed €5.5 billion in 2009/10. In

Italy and France wages growth exceeded the absolute level of revenue growth, while in England and Germany revenue and wages both grew by similar amounts.

In Spain aggregate wages excluding Barcelona and Real Madrid fell and the overall wages/revenue ratio of 60% represented a ten year low.

 

• The Premier League and the Bundesliga were the only ‘big five’ leagues to achieve operating profits in 2009/10, with the Bundesliga (€138m) remaining ahead of the

Premier League (£83m (€101m)). Losses in Ligue 1 increased to €102m and while Serie A clubs marginally reduced their losses these still exceeded €100m.

• Outside of the ‘big five’ countries, The Netherlands (€420m), Turkey (€378m) and Russia (€368m) have the largest revenue generating leagues. Commercial

revenue is typically the most lucrative area for non ‘big five’ leagues.

 

• For many years it has been evident that the temptation to invest in playing talent in search of improved performance on the pitch has been outweighing the

need to balance budgets. Intervention, being led by UEFA on a pan-European basis, provides the opportunity to deliver a long awaited improvement in football’s ability to more sustainably control its costs.

 

 

 

also

 

 

Matchday revenues fell by 7% in 2009/10, primarily due to the change in mix of clubs, in particular the relegation of Newcastle United, and a £22m reduction

in matchday revenues from the clubs which competed in the UEFA Champions League, all of whom exited the competition earlier than in the previous season.

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Matchday revenues fell by 7% in 2009/10, primarily due to the change in mix of clubs, in particular the relegation of Newcastle United, and a £22m reduction

in matchday revenues from the clubs which competed in the UEFA Champions League, all of whom exited the competition earlier than in the previous season.

So basically the 'greatest league in the World' was hit just by NUFC being relegated?

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• The aggregate net debt of the 24 Championship clubs

has increased to £875m at the end of the 2009/10

season. Excluding

Newcastle United, the figure falls to £587m in

summer 2010

 

 

Our net debt is £288m?

 

...but Ashley's got us financially stable :lol:

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• The aggregate net debt of the 24 Championship clubs

has increased to £875m at the end of the 2009/10

season. Excluding

Newcastle United, the figure falls to £587m in

summer 2010

 

 

Our net debt is £288m?

 

...but Ashley's got us financially stable :lol:

 

and how much did we owe before the financial whizz kid took over ?

 

Where are all the wannabee football accountants to comment on this thread ?

Edited by LeazesMag
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• The aggregate net debt of the 24 Championship clubs

has increased to £875m at the end of the 2009/10

season. Excluding

Newcastle United, the figure falls to £587m in

summer 2010

 

 

Our net debt is £288m?

 

...but Ashley's got us financially stable :lol:

 

and how much did we owe before the financial whizz kid took over ?

 

Where are all the wannabee football accountants to comment on this thread ?

 

You don't need to be an accountant to know that we now owe a lot less to banks and other lenders than we did when Freddie was forced to stop milking the club.

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• The aggregate net debt of the 24 Championship clubs

has increased to £875m at the end of the 2009/10

season. Excluding

Newcastle United, the figure falls to £587m in

summer 2010

 

 

Our net debt is £288m?

 

...but Ashley's got us financially stable :icon_lol:

 

and how much did we owe before the financial whizz kid took over ?

 

Where are all the wannabee football accountants to comment on this thread ?

 

You don't need to be an accountant to know that we now owe a lot less to banks and other lenders than we did when Freddie was forced to stop milking the club.

 

:lol:

 

"Freddie" again eh. OMG. Get a life.

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• The aggregate net debt of the 24 Championship clubs

has increased to £875m at the end of the 2009/10

season. Excluding

Newcastle United, the figure falls to £587m in

summer 2010

 

 

Our net debt is £288m?

 

...but Ashley's got us financially stable :icon_lol:

 

and how much did we owe before the financial whizz kid took over ?

 

Where are all the wannabee football accountants to comment on this thread ?

 

You don't need to be an accountant to know that we now owe a lot less to banks and other lenders than we did when Freddie was forced to stop milking the club.

 

:lol:

 

"Freddie" again eh. OMG. Get a life.

You raised the point about how much worse things are since Ashley took over from him.

 

Didn't you realise?

 

 

Sorry - I forgot you aren't able to answer questions.

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and how much did we owe before the financial whizz kid took over ?

 

Where are all the wannabee football accountants to comment on this thread ?

 

You don't need to be an accountant to know that we now owe a lot less to banks and other lenders than we did when Freddie was forced to stop milking the club.

 

:lol:

 

"Freddie" again eh. OMG. Get a life.

You raised the point about how much worse things are since Ashley took over from him.

 

Didn't you realise?

 

 

Sorry - I forgot you aren't able to answer questions.

 

maybe you could answer Toonpacks, and Mad Jocks, questions for them ?

 

If not, fuck off, and stop derailing the thread.

 

You're obsessed with "Fred", you utter imbecile.

Edited by LeazesMag
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