Financial Fair Play / Profit & Sustainability

[Groundhog63]

1 minute ago, TheBrownBottle said:

By way of example, here’s the income figures for last season:

 

Man Utd: £662m

Spurs: £528m

NUFC: £320m

 

Our income last season was closer to your local pub team than to Man Utd’s.  Man Utd’s wage bill was higher than our turnover - they’ll be back, because ultimately money talks 

I know it's a daft question but I'll ask it anyway and do so not to curry favour with the likes of @Froggy

BUT how much of those two club's turnover is

A) profit and, more importantly

B) squirreled away by the owners/shareholders

[TheBrownBottle]

3 minutes ago, Groundhog63 said:

I know it's a daft question but I'll ask it anyway and do so not to curry favour with the likes of @Froggy

BUT how much of those two club's turnover is

A) profit and, more importantly

B) squirreled away by the owners/shareholders

About £60m per year goes to pay for the Glazer’s leveraged buyout 

 

Spurs lost about £30m and Man Utd about £110m post-tax.  Spurs’ loss is pretty normal for a PL club. 

[tarie4]

3 hours ago, TheBrownBottle said:

Unlikely, given that they would still have an income which outstripped 95% of the top division

 

Looking at Man Utd and Spurs’ current position and thinking that this is anything other than a blip is wishful thinking.  They’ll both be back amongst it, maybe even as early as next season (Man Utd are the bigger basket case of the two, so do need more work).  FFP builds in the advantages to these clubs, so they could have multiple years like this one and still outspend the likes of us or Villa

That's wrong, some of those clubs' income depends on European football. Missing two CL seasons would really hurt them.

 

But the main thing you're overlooking is the difference between FFP wiggle room and actual cash. Spurs and Man U are losing money. Forget FFP for a sec – they're in the red, huge debts. Spurs are finding this out now. You can have FFP headroom, but you also need owners willing to keep funding it because the club itself isn't making money. It's losing money.

 

 

So yeah, if the Glazers/Sir Jim or the Lewis trust/Levy are willing to keep funding them for years, fine, but I seriously doubt that. Multiple seasons without CL would be a disaster for either team.

 

If Chelsea miss the Champions League this season and next season, it'll really hurt them (include spurs and man u). Because while they're struggling, we and Villa are just getting stronger. 

[r0cafella]

Chelsea have gamed the system so well. They actually have a lot of ffp headroom and clear lake show signs of stopping. Given they are an investment fund I'd love to know how the plan on making actually money out of this.