Kieran Maguire Profile picture
May 23, 2018 12 tweets 7 min read Twitter logo Read on Twitter
#NUFC loss of £90.9m confirmed before gains on player sales for Sissoko, Wijnaldum etc reduced that by £42.2m
Cash flows from player trading (as some deals on credit) show net cash cost of £11.1m in 2016/17 for 2016/17. Net borrowings from Mike Ashley/MASH Holdings £15m
#NUFC matchday income down 10% despite higher attendances & more matches in #Championship due to lower ticket prices & prawn sandwich sales. Commercial income halved due to loss of #EPL central commercial deals & TV down 35%
Wages up to £112.2m and employee numbers up too at #NUFC
Lee Charnley salary still £150,000 at #NUFC and he waived his bonus.
#NUFC player signings were £41.4 million and player sales £69.8 million to give net income of £28.4 million in 2016/17
#NUFC owed nearly £61 million by other clubs from player sales
#NUFC owed other clubs £25 million for transfer fees at 30 June 2017
#NUFC had net spend of £46 million in summer 2017 window after club promoted to #PremierLeague. Advertising income & hospitality from Sport Direct £572k, Donnay socks & tracksuit bottom purchases from Sport Direct £1.28 million. Sales of pies at half time to Mike Ashley £78,000
#HMRC investigation has resulted in an amount being set aside by Lee Charnley for unpaid tax and NI but final figure still being negotiated
#NUFC promotion bonuses £9.9 million for 2016/17
Player contracts for turkeys signed by McClaren & co who are unlikely to play again at #NUFC come to £22million but surprising that there have been no player impairments along with them

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More from @KieranMaguire

Sep 19, 2018
Promotion on almost the lowest budget in League Two & thriving in League One on definitely the lowest budget, a look at #ASFC finances after the club gave us open access to it's finances. Club has matchday income of less than £2m a year which works out at less than £300 per fan.
League 2 clubs are given relative crumbs in terms of broadcasting money, & thanks to the way the 'Big Six' of MUFC MCFC Arsenal LFC CFC & THFC have sneaked through changes to the distribution method, will earn less from 2019
#ASFC earned just over £1/2m from commercial & other income in 2017/18, mainly from sponsorship via owner @AndyhHolt's WhatMore group. This is a way of owner supporting club without pumping it full of debt.
Read 9 tweets
Jun 8, 2018
One cunning item not mentioned by the #EPL in changing the distibution of overseas TV rights is the impact on lower league clubs. Previously they've had a % of the equal share but not the merit share of PL TV income. Under proposals some overseas TV income becomes merit (1/2)
This means any increase in overseas rights will result in clubs in Championship, League 1 and League 2 getting nothing and it is all kept by the PL clubs. For a club such as Accrington in L1 a £1bn annual increase in overseas would have meant an extra £473k a year. now it is FA
So when John Henry talks about being unhappy at Liverpool 'subsidising' other clubs, he means that all 20 PL clubs want share a £1,000,000,000 pa increase so likes of Preston, Stanley, Morecambe etc. do not receive anything. After all, £473,000 out of a billion is a lot isn't it?
Read 5 tweets

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