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LoveItIfWeBeatU

by LoveItIfWeBeatU
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  • 6 months later...
LoveItIfWeBeatU

LoveItIfWeBeatU

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Uefa to relax FFP rules to allow more owner investment after Manchester City and PSG argue against unfairness

The Independent

Martyn Ziegler

 

The financial fair play rules that saw Manchester City handed a huge fine by Uefa last season are set to be relaxed.

 

Uefa is expected to announce next month that the FFP rules will be eased to allow more owner investment - a move that will aim to nullify more than 10 legal challenges that the European governing body is now facing.

 

Some clubs including City have argued that the FFP rules favour the rich, established clubs because they effectively prevent wealthy owners taking over a club and pumping in huge sums of money over a short period.

 

That scenario happened with City and Paris St Germain and both were handed £49million fines and transfer restrictions last season and the European Clubs' Association has been putting pressure on Uefa for a change.

 

Uefa president Michel Platini has revealed that some of the rules will be "eased" - and the lawyer leading one of the legal challenges against the FFP system has responded by welcoming the move.

 

Platini told French radio station RTL: "The world is two-faced but we will say this openly: I think we'll ease things, but it will be the executive committee who will decide if it is to be eased or something like that, and the outcome will be known by the end of June.

 

"I think the regulations have been very good and it is the clubs who voted for FFP.

 

"But the French press say it is not right that (Chelsea owner Roman) Abramovich can buy many players and in France they can not buy them. But if the Qataris had bought AC Milan the French would also say we should make financial fair play even tougher. As it is, the Italians wanted it eased."

 

One source close to the negotiations told Press Association: "Many clubs want change - the current system means those who have more will always have more, and those who have less will always have less."

 

Jean-Louis Dupont, the lawyer leading the legal action against Uefa, said in a statement: "We welcome the announcement of a change in the rules in line with the demands expressed by our clients in their various legal actions.

 

"When the exact content and scope of these changes are known, we will consider with our clients how this development, which on first sight appears favourable, is likely to meet their legitimate expectations and influence the conduct of ongoing actions."

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  • 7 months later...
Guest Roger Kint

Guest Roger Kint

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Urgh forgot it was this time of the year again. Expect another good profit seeing as we sat and waited til after the year end to spend any money at all last summer. Wont stop the 'trousering the profit' or the 'investing his cash' arguments both appearing mind :lol:

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Teasy

Teasy

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Villa's commercial revenue in 2014 was 25.7m rather than £30m+ wasn't it?  At least according to Swiss Ramble.

 

Doesn't changed the overall point of course.  Even if we weren't outsourcing catering we'd only be sitting on mid £30m commercial revenues, and if they were doing their jobs right for the club we should be more like £60m or so.

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Happy Face

Happy Face

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Expenses (other than wages) are up an average £19m a year at the main Premier League clubs since Ashley Arrived.

 

Nufc costs are down £700k in that time

 

 

 

Blimey. Is that achieved just by running the club on a skelleton staff?

 

Don't think so, that would be under wages wouldn't it?

 

Outsourcing merchandising and catering removes lots of costs.

 

In 2007 commercial and matchday income (£61.2m) exceeded other costs (£24.7m) by £36.5m.

In 2014 commercial and matchday income (£51.5m)exceeded all other costs (£24m) by £27.5m.

 

So the £10m of dropped revenue has not been made alongside any drop in costs longer term. You'd argue outsourcing saved nothing and we're £10m down.  But given that most other clubs have increased costs by about £20m as prices rise, then we have actually saved about £10m

 

NUFC expenses were down £6m from 2007 to 2011 and only recently returned to 2007 levels.

 

Taking the Villa example

In 2007 commercial and matchday income (£18.9m) exceeded other costs (£12.8m) by £6.1m.

In 2014 commercial and matchday income (£38.5m) exceeded all other costs (£28.3m) by £10.2m.

 

So the £20m of increased revenue has coincided with a £16m increase in costs longer term. 

Suggests the club are only £4.1m better off in real terms.

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  • 2 months later...
LoveItIfWeBeatU

LoveItIfWeBeatU

Posted
Posted

http://www.chroniclelive.co.uk/sport/football/football-news/newcastles-relegation-silver-lining-hefty-11380053

 

Newcastle's relegation silver lining: Hefty parachute payments give them a Championship advantage

16:37, 24 MAY 2016 UPDATED 16:37, 24 MAY 2016

BY MARK DOUGLAS

Newcastle United will get a massive boost in their promotion bid with kicking a ball - here's why

 

First, the bad news.

 

Confirmation of the cash paid to Premier League clubs at the end of a remarkable 2015/16 season includes some truly eye-watering sums. Newcastle finished 18th but made £72million; just for turning up a risible Aston Villa ’s reward was £66million. At the top end of the market, Manchester United made £96.9million.

 

Those remarkable figures are made up of prize money and facility fees – essentially money awarded based on how many times you’re shown live on TV – with the rest of it including an equal split of overseas TV money and the domestic TV cash.

 

Those figures are transformative at the moment but from next season they will be launched into another stratosphere. It’s likely that after everything is totted up, even the team that finishes 20th will make more than Arsenal – the top earners – did this season.

 

Drink that in for a second. That is the true cost of this season’s incompetence on and off-the-field, and explains why the survival celebrations at the back end of the season were so rowdy.

 

Having thoroughly depressed Newcastle fans, there is a sliver of positivity. As revealed by this season’s parachute payments, the landing isn’t quite as rough as it might have been a few years ago.

 

United’s relegation might have cut off access to that gravy train for a season, but Newcastle will get a guaranteed £70million in the form of payments over the next three years.

 

The release of this year’s Premier League figures confirms that ten clubs are still banking Premier League cash this season: Wolves, Wigan, Reading, QPR, Hull, Fulham, Cardiff, Burnley, Bolton and Blackburn Rovers. This season Burnley, QPR and Hull all banked £25.9million in parachute payments – a decent leg-up over rivals like Leeds and Nottingham Forest.

 

The fact that Burnley bounced back at the first time of asking – and Hull are in the play-off final – suggests that it DOES give them a sizeable advantage. Unfair though it may be, United must make the most of that.

 

In practical terms what does it mean? During the first season, Newcastle will get 55 per cent of the equal share of broadcast money paid to Premier League sides in 2016-17. Next season, United will receive more than £30million from the Premier League.

 

United will hope they’re up already but that goes down to 45 per cent of the Premier League’s equal share in the second season and in the third season of being down, it goes to 20%.

 

Parachute Payments 2015/16

 

Blackburn Rovers £10,535,162

 

Bolton Wanderers £10,535,162

 

Burnley £25,937,356

 

Cardiff City £20,803,292

 

Fulham £20,803,292

 

Hull City £25,937,356

 

Queens Park Rangers £25,937,356

 

Reading £10,535,162

 

Wigan Athletic £10,535,162

 

Wolves £10,535,162

 

CjOmCyYWEAA1Dj2.jpg

 

http://www.chroniclelive.co.uk/sport/football/football-news/newcastle-uniteds-premier-league-payments-11380086

 

Newcastle United's Premier League payments revealed: Here's how much they banked last season

16:32, 24 MAY 2016 UPDATED 16:32, 24 MAY 2016

BY CHRIS WAUGH

Newcastle United received almost £73m from the Premier League in 2015-16 - but they will earn just a fraction of that next term

 

Newcastle United received £72.8million in prize money from the Premier League in 2015-16 – a figure that hammers home the cost of relegation to the Championship .

 

The bumper pay-day is bittersweet, though. The side who ends the campaign bottom of the English top flight next season will earn at least £100m once the new bumper TV deal kicks in - roughly the same amount Arsenal were awarded for finishing runners-up this term.

 

In 2016-17 though Newcastle will have to be content with their initial parachute payment, which will be roughly £35m next season, and their equal share of the Football League TV deal - which is believed to be worth just £3m to each Championship side per year.

 

Rafa Benitez, who is expected to be confirmed as United’s manager for the Championship later this week, has demanded funds this summer to build a squad capable of automatic promotion.

 

And the blunt financial repercussions of relegation make it abundantly clear that the Magpies must speculate in order to accumulate because they simply cannot afford to be outside of the top flight for an extended period given the new riches which are on their way.

 

As well as receiving the same equal-share £21.9m split that the other 19 top-flight clubs were given following the conclusion of the 2015-16 campaign, Newcastle also earned £13.3m in facility fees due to the fact they were televised on 16 occasions.

 

All Premier League sides also received an equal share of the overseas TV rights, the equivalent of £29.4m each, as well as an additional £4.5m from the top-flight’s central-commercial contract.

 

Finally, Newcastle also earned a ‘merit payment’ of just shy of £2.5m for finishing 18th - with champions Leicester City being paid almost 10 times as much for winning the title.

 

In total, Newcastle received £72,846,635 from the Premier League in payments for the 2015-16 campaign.

 

Only seven sides were televised on a greater number of occasions than the Magpies, with Leicester themselves being screened live just 15 times.

 

Newcastle therefore earned more money than Sunderland (£71.8m), AFC Bournemouth (£70.8m) and Crystal Palace (£72m), who occupied the three places in the Premier League table directly above United.

 

Fellow relegated sides Norwich City (£67.1m) and Aston Villa (£66.6m) received significantly less than the Magpies, however.

 

In total, top-flight sides shared almost £1.64billion in payments from the Premier League between them across the 2015-16 campaign.

 

Premier League payments Newcastle United received in 2015-16:

Equal share: £21,924,800

 

Facility fees: £13,269,620

 

Merit payment: £3,727,215

 

Overseas TV: £29,415,848

 

Central commercial: £4,509,152

 

Televised matches in UK: 16

 

Total payment received: £72,846,635

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Wallace

Wallace

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Clubs like Burnley and Bournemouth are probably going to be richer than us now so failure to get promoted next season will be disastrous as the teams that are relegated will be in a better financial position.

 

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