The Finances of Football

Should be no 'it' there.

It's hard think of a way to blow £100m without having some kind of fun, but that might be it.

Thing is from the outside looking in you would think it would have been possible to spend £100m less and still be in roughly the same position they are in now.

Manchester United Ltd, the world's best-supported soccer club, filed with U.S. regulators on Tuesday to raise up to $100 million in an initial public offering of its Class A common stock.

The company told the U.S. Securities and Exchange Commission in a preliminary prospectus that Jefferies, Credit Suisse, J.P. Morgan, BofA Merrill Lynch and Deutsche Bank Securities are underwriting the IPO.

I'm still amazed by people trying to make money long-term from football. It's football! All you need is a couple of season of bad injuries and your'e fucked! This financial asset-stripping is only good for people who don't like football.

If anyone fancies part owning Panathinaikos :

http://soccernet.espn.go.com/feature/_/id/1126919/paraskevas:-panathinaikos-reborn-under-fan-ownership?cc=5739#

http://bundesligafanatic.com/financial-fair-play-the-implications-for-the-teams-in-the-bundesliga/

Great article on how things are working out in the Bundesliga

That's excellent.

What I'm having trouble with is how the new, enormous EPL television deal is going to feed in to conditions elsewhere on the continent. Are English clubs going to sweep the board for the next five years?

Not too sure. If we pretend that wages in the Prem stay exactly the same as they are now and then add in the new TV money how many clubs in the league would still fall foul of ffp?

Are the majority of clubs here living so far beyond their soon to be increased revenue that they wouldn't be able to increase salary anyway?

the Glazer family have taken the unusual step of buying out DHL, so certain are they of negotiating even greater revenue

I'm giving up trying to understand this stuff

surely it's pretty simple, they want a new and bigger deal immediately so they end the dhl deal now?

tbf I did get that bit, it's why anyone would pay even more that is the mystery

Bolton in £163.8m of debt. Turnover £25.8m. I don't see how they can ever hope to pay that back.

Barcelona cannot register any new signings, not Memphis Depay, Sergio Agüero, Eric García or Emerson Royal, after exceeding the La Liga salary limit.

Despite selling Konrad de la Fuente, Jean-Clair Todibo, and Junior Firpo, Barcelona need to reduce their wage bill by €200,000.

— Zach Lowy (@ZachLowy) July 5, 2021

Extraordinary

Lmao. They are supposedly even going to pay some players to leave on a free, like Pjanic

hmmm, that may account for Trincão coming to us

lol yeah next tweet mentions that

€200,000 can't be the right figure there?

Saw a clarification that its about the weight of pesos in kilos or some similar slang!

Also just presumed it was per week, and with messi not yet signed i figured that was..... serious

Oh haha yes I suppose it could be a week. Though even that is probably only a mid-range player or three for them.

i assumed that was a weekly figure i guess, Football Manager not always the best metric for understanding this stuff

Pjanic is on about €300k a week so no major surprise he didn’t volunteer to cancel his contract.

Also Messi apparently earns 100 times more than Junior Firpo.

I am keen that Pjanic doesn't come to the Premier League because of the temptation his name would cause to every my-age, indie-arsed, Egg-from-This-Life football journalist with an untreated Smiths obsession.

Do ittttt