Posts Tagged ‘world’
Premier league club accounts: how in debt are they?
The Premier League clubs collectively lost close to half a billion pounds in 2009-10 but how in debt are they? Find their income and expenditure by club
• Get the data
The premier league season has drawn to a close for the season, with Manchester United winning a historic, 19th league title but how are the clubs operating financially?
Despite a record income, the 20 premier league clubs collectively lost nearly half a billion pounds. Rises in revenue saw a £2.1bn total revenue for the premier league clubs in 2009-10 but large debts and interest rates have stopped the income from soaring as 16 out of the 20 clubs recorded losses.
David Conn has written:
Across Manchester, United made £286m turnover, more than any other club if Arsenal’s property income is discounted – yet the costs and interest on the debts the owners, the Glazer family, have loaded on to the club, pushed United into a losing £79m.
Double-winners in 2009-10 Chelsea, whose owner, the Russian oil oligarch Roman Abramovich, is always cited as a supporter of Uefa’s break-even “financial fair play” principles, made the next biggest loss, £78m. Tottenham’s successful push for Champions League qualification was achieved with a £7m loss and £15m investment from the owners, principally Bahamas-based currency speculator, Joe Lewis.
The table below shows turnover plus income from things such as gate/matchday and tv and broadcasting as well as net debt for each club and wages as a percentage of turnover. The spreadsheet to download includes additional accounts details such as losses, profits and which money put in by the owners.
There’s a pdf of the accounts too. What can you do with the data?
Data summary
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Luis Suárez should never have been able to Asamoah Gyan on the spot | Paul Wilson
When Liverpool host Sunderland two World Cup foes united by a controversial moment meet again
A little over a year ago the Premier League whirligig stopped for a moment while everyone watched the slow‑motion non‑handshake between John Terry and Wayne Bridge at Stamford Bridge. The repeat fixture takes placeon Sunday, and there will be considerable surprise if Roberto Mancini’s erratic Manchester City ambush Chelsea with a 4-2
‘Street fighter’ Luis Suárez promises to be a success at Liverpool
• ‘It’s a dream to be able to come and play here,’ says Suárez
• The 24-year-old scored 111 goals in 159 matches for Ajax
New Liverpool signing Luis Suárez has pledged to put in the hard work in order to make his transition to the Premier League a successful one.
The Uruguay international, who yesterday signed a five-and-a-half-year contract after completing his £22.8m move to from Ajax, scored 111 goals in 159 matches for the Dutch club.
Players who have moved from Holland to England have had mixed results with Ruud van Nistelrooy proving a success while others such as Metaja Kezman and Afonso Alves failing to replicate the form they showed in the Eredivisie but the 24-year-old Suárez is adamant that he can produce the same results at higher level.
“My aim is to work, to show the fans how hard I am ready to work. I want to put in lots of effort, to show people my capabilities,” he said. “First of all I want to try to play as many games as possible and help move us up the table. My ambitions for the future are to do my very best for Liverpool, to try to learn more about English football and to become a champion.
“Liverpool is a very famous club, the most famous club in England, and I watched Liverpool and English football as a boy. It’s a dream to be able to come and play here. I had a wonderful time in Ajax and I will miss them but that’s football. You have to keep changing and moving forward to get better.”
Suarez’s glowing praise of his former club was reciprocated by the Ajax managing director, Rik van den Boog, who believes the World Cup star has what it takes to be a hit on Merseyside. Luis is going to bring the place alive because he is a street fighter,” he told liverpoolfc.tv.
“He arrived here with a decent reputation but he was not a big player then. In the dressing room he soon stood up and became a leader. That’s why he was special. When he goes on his travels to South America he always rushes back.
“Suarez is back on the training pitch the next morning when he has just flown around half the world for a game for Uruguay. He immediately puts his focus on his club again. We’ll remember him for his incredible amount of goals and what he has done for the club.”
Liverpoolguardian.co.uk