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West Ham Growth 2007-2014

Commercial - £16.4m to £20m = £3.6m

Matchday - £17m to £19.5m = £2.5m

Total £6.1m

 

Newcastle Growth 2007-2014

Commercial - £27.6m to £25.6m = -£2m

Matchday - £33.6m to £25.9m = -£7.7m

Total -£9.7

 

So they still lag behind us on both measures, but let's say their growth and our shrinkage has tipped the balance £15.8m a year in their favour.  They're paying £5m a year in interest payments we aren't, so it's actually £11m.

 

That's only 10% of the £111m broadcasting cash a club will get for coming 12th in 2016/2017. 

 

http://swissramble.blogspot.co.uk/2015/02/the-premier-league-tv-deal-master-and.html?utm_source=BP_recent

 

Add the other revenues we have on and it's less than 7%

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Seems a very odd suggestion to me that Ashley should only pay off club debt if he's willing to put that same amount of money back in himself.  That's the same as just leaving the debt outstanding.

 

He seems to have let the club spend all of it's own money except on 2 occasions when he's repaid debt.  Both of those came at the start of a new TV deal when the club was seeing a significant growth in income that allowed some of the debt to be satisfied and for some players to be bought.  He's not rushed to pay of his debt if the club couldn't afford it.

 

The more that TV income dwarfs commercial and matchday income, the less I have an issue with his methods.  Does the 500k of revenue lost from pitchside advertising really matter when we're getting an additional £50m a season every 3 years from broadcasting, on top of the existing deal?

 

I've been hugely critical of the myth that he's sorted the accounts, given the growth in debt and reduction in commercial/matchday income, however every new TV deal reduces the anger it's worth investing in those issues.

 

We no longer own a club shop, his shitty company owns it, he's not only taking away income from ground advertising.

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West Ham Growth 2007-2014

Commercial - £16.4m to £20m = £3.6m

Matchday - £17m to £19.5m = £2.5m

Total £6.1m

 

Newcastle Growth 2007-2014

Commercial - £27.6m to £25.6m = -£2m

Matchday - £33.6m to £25.9m = -£7.7m

Total -£9.7

 

So they still lag behind us on both measures, but let's say their growth and our shrinkage has tipped the balance £15.8m a year in their favour.  They're paying £5m a year in interest payments we aren't, so it's actually £11m.

 

That's only 10% of the £111m broadcasting cash a club will get for coming 12th in 2016/2017. 

 

http://swissramble.blogspot.co.uk/2015/02/the-premier-league-tv-deal-master-and.html?utm_source=BP_recent

 

Add the other revenues we have on and it's less than 7%

 

"Only" 11 million per year; so let's say 90 million over that 8 year period, and another 11 million per year from now on. Hardly an amount I would qualify as insignificant. A few more years and the value of free advertising (lost to us, not the significantly higher value it represents to him as SD majority shareholder) will have surpassed the amount he paid for the entire club.

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Mike Ashley has been found in breach of SFA dual ownership rules & has been fined £7,500

 

f***ing hell.

 

That will learn him.

 

:lol:

 

 

He spends more than that in daft bets.   

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Mike Ashley has been found in breach of SFA dual ownership rules & has been fined £7,500

 

f***ing hell.

 

That will learn him.

 

:lol:

 

 

He spends more than that in daft bets.   

FFS that is a pathetic fine in so many ways ,cannot believe they had the cheek to issue it and probably laughed sticking it in the post box
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I've been quite vocal about the s*** sandwich he's feeding us in terms of  commercial and match day income.

 

It's clear that this becomes less of an issue as TV money increases exponentially though.

 

It's not less of an issue, he's still depriving us of cash.

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I've been quite vocal about the s*** sandwich he's feeding us in terms of  commercial and match day income.

 

It's clear that this becomes less of an issue as TV money increases exponentially though.

 

Yes and no. Whilst the TV money distribution is fairly evenly balanced, there are still huge differences in absolute terms (in the order of tens of millions) between finishing lower midtable and higher midtable. Ashley has turned us from an upper midtable team to a lower midtable team by neglecting the development of other important revenue streams for his own benefit. That 90 million for example of "lost revenue" compared to West Ham would probably have seen us in a much better position than them if reinvested wisely, but as of right now they are probably in a better position than us. The same goes for a number of other clubs, including Southampton, Swansea and Stoke. The growing influence of TV revenue doesn't exonerate the failure to develop other revenue streams, for which we will continue to pay the price in years to come, particularly in terms of lost TV revenue ironically.

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318th richest person on the planet according to Forbes.

 

Aye, but he might fall down as low as 400 if he spends anything.

 

well he was 306th on Sunday so i guess you could be right.

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I've been quite vocal about the shit sandwich he's feeding us in terms of  commercial and match day income.

 

It's clear that this becomes less of an issue as TV money increases exponentially though.

 

I don't understand why this is important when everyone else in the league (i.e. our rivals) will see the same increases in TV revenue.

 

Yes we might start spending a bit more money but other teams in the league will do the same and then some.  I understand what you're saying about TV money becoming a bigger proportion of all revenue but the same goes for all clubs and we've seen before it usually leads to another increase in wages across the board and not much else.

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I've been quite vocal about the s*** sandwich he's feeding us in terms of  commercial and match day income.

 

It's clear that this becomes less of an issue as TV money increases exponentially though.

 

I don't understand why this is important when everyone else in the league (i.e. our rivals) will see the same increases in TV revenue.

 

Yes we might start spending a bit more money but other teams in the league will do the same and then some.  I understand what you're saying about TV money becoming a bigger proportion of all revenue but the same goes for all clubs and we've seen before it usually leads to another increase in wages across the board and not much else.

 

Agree with this - surely other revenue streams are what will differentiate us from other teams, even if they make up a smaller proportion of our overall turnover?

 

Will be interesting to see if the new tv deal makes wages go up even further.  I suppose the one thing it does do is massively increase the Premier League's spending power relative to the rest of Europe though.

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Guest Roger Kint

Mike Ashley has been found in breach of SFA dual ownership rules & has been fined £7,500

 

f***ing hell.

 

That will learn him.

 

:lol:

 

Why do the SFA do this? :lol: such a pathetically low amount

 

Learnt from the best with UEFA and FIFA in charge :lol:

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Mike Ashley has been found in breach of SFA dual ownership rules & has been fined £7,500

 

f***ing hell.

 

That will learn him.

 

:lol:

 

Why do the SFA do this? :lol: such a pathetically low amount

 

Because it's new Rangers related and they are corrupt

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Conservatively estimating his wealth at £3.75b means he could pay that £7500.00 fine EVERY DAY for the next 500,000 days before he'd be skint (and that's not even allowing for interest build up in the meantime).

 

That's about 1370 years before his money would run out.

 

Top work SFA.

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