Financial Fair Play / Profit & Sustainability

[The College Dropout]

7 minutes ago, The Prophet said:

 

I think Silverstone commented in it around this time last year.

 

If I recall, he said it was a priority, but a really competitive area where they want to find the right partner rather than being locked in a subpar deal for a number of years.

That’s a weird comment no ? Considering outside of Adidas, our biggest deals are a bit bogus. It’s only PIF that could prevent short term deals from other PIF parties 

[Sima]

5 minutes ago, Erikse said:

 

Our owners net worth is 25 times higher than nr. 2 in the Prem. I don't think they're too concerned about spending large amounts of money. It's all about the restrictions on spending.

 

 

 

 

Probably.  It's whether they're willing to spend it on us that is the question.

[The Prophet]

Just now, The College Dropout said:

That’s a weird comment no ? Considering outside of Adidas, our biggest deals are a bit bogus. It’s only PIF that could prevent short term deals from other PIF parties 

 

I don't work in commercial sponsorship, I don't know enough about it to comment.

[Choppy Chop Chop]

Quote

But I'm enjoying football again without the fear of relegation and some great players to watch so I'm content.

Thats it full stop for me 

[Erikse]

8 minutes ago, Sima said:

 

Probably.  It's whether they're willing to spend it on us that is the question.

 

Well. Why would they buy us in the first place? I don't think it was to make money.

[Scoot]

Nice to see us moving up that list.

 

Obviously we'll not be moving up quick enough for some people, but that doesn't surprise me.

[Turnbull2000]

Infuriating seeing West Ham so high up. How much of that is a result of the scandalous decision to practically gift them a publicly funded stadium?

[Shearergol]

29 minutes ago, Scoot said:

Nice to see us moving up that list.

 

Obviously we'll not be moving up quick enough for some people, but that doesn't surprise me.

 

Are we closing the gap on the top clubs or simply moving up a list? I can't tell.

[Stifler]

Just now, Turnbull2000 said:

Infuriating seeing West Ham so high up. How much of that is a result of the scandalous decision to practically gift them a publicly funded stadium?

They are essentially paying them to use it aren’t they?

I’m sure some authority are paying the utilities etc, even matchday policing and stewarding I believe is paid by them, rather than the club.

They should have done what they did for Man City. Build a venue West Ham could have built upon, and sold them it. Instead they have a 100 year lease at £2m per year. Selling Rice has given them 50 years worth of lease payments for the stadium.

[Unbelievable]

Just now, Shearergol said:

 

Are we closing the gap on the top clubs or simply moving up a list? I can't tell.

It’s not hard to tell if you wanted to find out…

[Shearergol]

43 minutes ago, Choppy Chop Chop said:

Thats it full stop for me 

 

And this is where individuals have choices as fans. Are they happy to be best of the rest, or do they want to see us win something?

 

Kinda feels a bit pointless being a "bottom of the top half" club.

[Shearergol]

Just now, Unbelievable said:

It’s not hard to tell if you wanted to find out…

 

Would have been quicker to just tell me that type that out, no?

[Paully]

Nice to see PSR working as intended - keeping the cartel lot miles ahead of the rest!

 

Abdukodir Khusanov's agent, Gairat Khasbiullin: “Newcastle was very close to the deal. They remained one of the favourites, and then was last to leave the race with ManCity. As far as I understand, financial fair play had an impact.”

[54]

3 minutes ago, Shearergol said:

 

Would have been quicker to just tell me that type that out, no?

2024:

 

Spoiler

 

2025:

Spoiler

 

[Turnbull2000]

10 minutes ago, Stifler said:

They are essentially paying them to use it aren’t they?

I’m sure some authority are paying the utilities etc, even matchday policing and stewarding I believe is paid by them, rather than the club.

They should have done what they did for Man City. Build a venue West Ham could have built upon, and sold them it. Instead they have a 100 year lease at £2m per year. Selling Rice has given them 50 years worth of lease payments for the stadium.

 

Yeah. it's essentially subsidised.

 

https://www.bbc.co.uk/news/uk-england-london-62406154

 

Quote

Signed off by then London mayor Boris Johnson in 2013, the arrangement means home matches are effectively subsidised by taxpayers, with the stadium losing around £10m a year.

 

 

https://www.standard.co.uk/sport/football/west-ham-london-stadium-taxpayers-e20-allen-overy-b1131440.html

 

Quote

 

E20 Stadium LLP, the commercial wing of the London Legacy Development Corporation, which owns the stadium, sued Allen & Overy over alleged negligence for their part in agreeing the deal that handed the Premier League club a 99-year lease in 2013.

 

At the time, the agreement was dubbed “the deal of the century”, with the Hammers keeping ticket revenue in exchange for an annual rental fee, while the publicly-owner E20 front major costs such as heating, cleaning and maintenance, as well as the cost of transforming the ground to host athletics events.

Last season, West Ham paid rent of just £3.6million, while each match played at the ground is said to cost the taxpayer around £100,000.

 

 

[Unbelievable]

40 minutes ago, Shearergol said:

 

Would have been quicker to just tell me that type that out, no?

Alternatively you could have done some research yourself, no?

 

I mean, the Deloitte data as per a 5 second google is here: https://www.deloitte.com/uk/en/services/financial-advisory/analysis/deloitte-football-money-league.html

 

Our revenue (all types combined, not just commercial) grew by 29%, compared to e.g. 1% for City, 3% for Man U, 5% for Liverpool, -3% for Spurs, -7% for Chelsea.

 

Does that answer the question about closing the gap or “simply moving up the table”?

 

 

Edited 9 hours ago by Unbelievable

[madras]

2 minutes ago, Unbelievable said:

Alternatively you could have done some research yourself, no?

 

I mean, the Deloitte data as per a 5 second google is here: https://www.deloitte.com/uk/en/services/financial-advisory/analysis/deloitte-football-money-league.html

 

Our revenue (all combined, not just commercial) grew by 29%, compared to e.g. 1% for City, 3% for Man U, 5% for Liverpool, -3% for Spurs, -7% for Chelsea.

 

Does that answer the question about closing the gap or simply moving up the table?

What's that in £s ?

[Unbelievable]

Just now, madras said:

What's that in £s ?

 

[The College Dropout]

That Deloitte table is an estimate.  

[madras]

4 minutes ago, Unbelievable said:

 

I mean 29% for us could be less actual cash than 7% for others.

[Unbelievable]

Just now, madras said:

I mean 29% for us could be less actual cash than 7% for others.

Ah. Well the progress as a percentage obviously depends on the base from the previous year to which it is compared. However, seeing as Man City’s is the highest revenue of those mentioned at roughly 3 times ours, I think we’re closing the gap both absolutely and relatively speaking.

[madras]

1 minute ago, Unbelievable said:

Ah. Well the progress as a percentage obviously depends on the base from the previous year to which it is compared. However, seeing as Man City’s is the highest revenue of those mentioned at roughly 3 times ours, I think we’re closing the gap both absolutely and relatively speaking.

I think we are closing the gap but wo t be allowed to close the gap because of their headstart.

[Shearergol]

15 minutes ago, Unbelievable said:

Alternatively you could have done some research yourself, no?

 

I mean, the Deloitte data as per a 5 second google is here: https://www.deloitte.com/uk/en/services/financial-advisory/analysis/deloitte-football-money-league.html

 

Our revenue (all types combined, not just commercial) grew by 29%, compared to e.g. 1% for City, 3% for Man U, 5% for Liverpool, -3% for Spurs, -7% for Chelsea.

 

Does that answer the question about closing the gap or “simply moving up the table”?

 

 

 

Fucking hell, you ok? What’s with the attitude? 😂

 

thanks for that, very useful.

[Unbelievable]

Or to be more precise, we closed the gap on those 5 (significantly even), but somehow Arsenal seem to have done even better in absolute terms.

[Unbelievable]

1 minute ago, Shearergol said:

Fucking hell, you ok? What’s with the attitude? 😂

 

thanks for that, very useful.

Apologies mate. It’s just when you say stuff like the club has “failed” to grow commercially and you “can’t tell” whether we’re making up ground when it appears you haven’t even looked at the data I get a bit irritated. Will try to be more patient going forward.