CRYSTAL Palace have provided some insight into their 2019-20 financial results and they appear to be consistent with many of their peers, the pandemic making its mark on the club’s fiscal strength. Palace lost £ 58 million pre-tax, a shift of some £ 63 million from the previous season when they recorded a £ 5 […]
IF ANY club among world football’s elite can withstand a substantial £ 125 million pre-tax loss it is surely Manchester City, who also remain on target for an unprecedented quadruple of major honours in 2021. City’s loss may have highlighted the impact of the pandemic on even the biggest football entities, but the club was […]
BURNLEY, so long paragons of common sense football management, broke even ahead of the club’s takeover by Alan Pace’s ALK Capital. Burnley’s turnover fell by 3% to £ 133.8 million and revealed that the covid-19 pandemic had cost them around £ 10.5 million. Although last season they made a profit of over £ 4 million, […]
FIFA HANDING the 2022 World Cup to Qatar was never going to be an easy fit, but the football community has had a decade to get used to the idea and to formulate its complaints, actions and spirit of disapproval. Nothing has changed, Qatar is still an uncomfortable gig but the first point of angst […]
WOLVERHAMPTON Wanderers took a £ 40 million hit on revenues and turned a £ 22 million profit in 2018-19 to a £ 36.7 million loss in 2019-20. Unlike some clubs who reported a fall in matchday income, Wolves saw this revenue stream rise by 10% to £ 12.7 million. The club’s revenues for the season […]
LEICESTER City may reach their first FA Cup final since 1969 and could well meet the club they faced back in the days of David Nish, Allan Clarke and Peter Shilton. Unlike in 1969, when Leicester were relegated to the old second division, the current side, under Brendan Rodgers, is also in a good position […]
WEST HAM UNITED’s 2019-20 financial accounts reveal the initial impact of the pandemic in 2020, but offer little comfort for the current season, which could be even more of a concern for the club. The Hammers’ turnover, at £ 140 million, was 27% down and the club’s net loss more than doubled to £ 65.3 […]
NOTTINGHAM Forest’s 2019-20 annual accounts were issued this week, revealing a net loss of £ 15.9 million – better than 2018-19 but displaying the symptoms of a club paying out more money than it earns. While the club is actively and demonstrably backed by owner Evangelos Marinakis, who underlined his support recently by converting £ […]
WHO IS Andrea Agnelli kidding? When he announces that the latest attempt to push European football towards the cliff edge is good medicine for the clubs, he really means it is beneficial for the elite and another step towards a European Super League. It’s undoubtedly designed to ensure the big guns remain the big guns […]
