Discover and read the best of Twitter Threads about #whufc

Most recents (6)

Manchester United are the second Premier League club after #MCFC to publish 2017/18 financial results, covering a season when they were runners-up in the league and FA Cup, but were eliminated by Sevilla in the Champions League last 16. Some thoughts in the following thread #MUFC
#MUFC profit before tax down from £57m to £26m, mainly due to higher player costs, as wage bill shot up £32m and player amortisation rose £14m, while revenue only up £9m. Tax bill increased from £17m to £63m as a change in US corporate tax rate led to a £49m non-cash write-off.
#MUFC revenue only grew £9m (2%). Only meaningful increase was broadcasting, up £10m (5%) to £204m. Commercial income was basically flat at £276m, while match day dropped £2m (2%) to £110m. Profit on player sales rose £7m to £18m.
Read 39 tweets
Ten years after Sheikh Mansour acquired the club, Manchester City’s 2017/18 financial results covered a season when they won the Premier League in some style, won the League Cup and reached the Champions League quarter-finals. Some thoughts in the following thread #MCFC
#MCFC profit before tax up from £0.1m (£1.1m after tax) to £10.4m, as previous season was adversely impacted by change in year-end resulting in an extra month’s costs with minimal revenue uplift. Revenue rose £27m (6%) to £500.5m, only second English club above £0.5 bln.
All #MCFC revenue streams up: commercial income rose £14m (7%) to £232m; broadcasting increased £8m (4%) to £212m; and match day was £5m (9%) higher at £57m. Profit on player sales was up £4m to £39m.
Read 37 tweets
Although the 2016/17 financial results for the Premier League are now a season out-of-date, they are still the most recent published by the clubs, so I thought some comparisons might be interesting as we head into the 2017/18 season. Thread follows.
Thanks to a combination of the PL TV deal and FFP wage controls, almost all clubs are now profitable with only #SAFC reporting a loss. #LCFC led the way with £92m profit before tax, the highest ever made in the Premier League, followed by #THFC £58m, #MUFC £57m and #AFC £45m.
Profit on player sales is an increasingly important element in driving the improved profitability of some Premier League clubs. In 2016/17 highest profits were made by Chelsea £69m (Oscar to Shanghai SIPG), Everton £52m (Stones to #MCFC) and Southampton £42m (Mané to #LFC).
Read 28 tweets
Tottenham Hotspur’s 2016/17 financial results covered the club’s last season at the old White Hart Lane, when they finished 2nd in the Premier League, played in the Champions League and reached the FA Cup semi-finals. Some thoughts in the following thread #THFC
#THFC profit before tax improved by £20m from £38m to £58m with revenue rising by 46% (£97m) to a record £306m and profit on player sales up £13m to £40m. Profit after tax “only” increased by £8m from £33m to £41m, as tax charge was £11m higher at £17m.
#THFC revenue growth was largely due to broadcasting rising £78m (71%) to £188m, driven by the new Premier League TV deal and Champions League bringing in twice as much as the Europa League. Commercial increased £14m (24%) to £73m, while match day was up £5m (11%) to £45m.
Read 42 tweets
Liverpool’s 2016/17 financial results included their highest ever revenue, despite not playing in Europe, though they finished 4th in the Premier League and reached the semi-finals of the EFL Cup. Some thoughts in the following thread #LFC
#LFC converted £20m loss before tax to £40m profit with revenue growing by 21% (£62m) to a record £364m, though profit on player sales was down £4m at £38m (mainly Christian Benteke, Jordon Ibe, Joe Allen & Martin Skrtel), as no repeat of Raheem Sterling’s big money sale to City.
#LFC revenue was driven by the new Premier League TV deal, though partly offset by no Europa League money, with a net increase in broadcasting income of £31m to £154m. The expanded Main Stand saw match day rise £11m to £74m, while commercial was up £21m to £136m.
Read 37 tweets
West Ham’s 2016/17 financial results covered their first season in the new London Stadium. Despite dropping to 11th place in the Premier League, they reported record revenue and profit. Some thoughts in the following thread #WHUFC
#WHUFC improved the bottom line by £48m, as they converted a £5m loss to £43m profit with revenue growing by 29% (£41m) to £183m. Profit on player sales was up £24m, mainly due to transfers of Dimitri Payet to Marseille and James Tomkins to Crystal Palace.
#WHUFC revenue growth was driven by the new Premier League TV deal with a net increase in broadcasting income of £33m (38%) to £119m. Commercial income also rose by £7m (25%) to £35m, while match receipts were £2m (6%) higher in the new stadium at £29m.
Read 33 tweets

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