Football finances 2016
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 Direwolf  Lincoln 20 Apr 17 7.27pm |
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Headline points: In 2014/15, Premier League clubs generated revenue of £3.3 billion; up 3% on 2013/14 as for the first time, the Premier leads the football world in all three key revenue categories (matchday, broadcast, commercial). Premier League clubs’ wage costs increased by 7% to exceed £2 billion for the first time. Palace's wage costs were 65% of revenue. Palace's wage costs increased by 49% as they recruited new players and offered better contracts (largest in division aside from Leicester). Premier League clubs recorded a second consecutive year of overall profitability for the first time this century. Palace were one of only four premier clubs in a net funds position. Agents received £130 million from transfers totalling £1.1 billion in the Premiership.
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| Part Time James 20 Apr 17 8.28pm |
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Originally posted by Direwolf
Headline points: In 2014/15, Premier League clubs generated revenue of £3.3 billion; up 3% on 2013/14 as for the first time, the Premier leads the football world in all three key revenue categories (matchday, broadcast, commercial). Premier League clubs’ wage costs increased by 7% to exceed £2 billion for the first time. Palace's wage costs were 65% of revenue. Palace's wage costs increased by 49% as they recruited new players and offered better contracts (largest in division aside from Leicester). Premier League clubs recorded a second consecutive year of overall profitability for the first time this century. Palace were one of only four premier clubs in a net funds position. Agents received £130 million from transfers totalling £1.1 billion in the Premiership. Interesting read, thanks for posting. I continue to have quite a lot of confidence in the way this club is being run.
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kenbarr  Jackson Heights, Queens, New York ... 22 Apr 17 1.40am |
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Originally posted by Direwolf
Headline points: In 2014/15, Premier League clubs generated revenue of £3.3 billion; up 3% on 2013/14 as for the first time, the Premier leads the football world in all three key revenue categories (matchday, broadcast, commercial). Premier League clubs’ wage costs increased by 7% to exceed £2 billion for the first time. Palace's wage costs were 65% of revenue. Palace's wage costs increased by 49% as they recruited new players and offered better contracts (largest in division aside from Leicester). Premier League clubs recorded a second consecutive year of overall profitability for the first time this century. Palace were one of only four premier clubs in a net funds position. Agents received £130 million from transfers totalling £1.1 billion in the Premiership. Two questions. Please explain what a "net funds position"means. Does that refer to pre-tax profits? Also, is the fact that 65% of revenue went to wages a good or bad thing given the club's infrastructure issues, particularly the condition of Selhurst Park.
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| Direwolf Lincoln 22 Apr 17 8.36am |
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Originally posted by kenbarr
Two questions. Please explain what a "net funds position"means. Does that refer to pre-tax profits? Also, is the fact that 65% of revenue went to wages a good or bad thing given the club's infrastructure issues, particularly the condition of Selhurst Park. I only skim read the report so I may be wrong but my answers would be: Net funds seems to indicate a nil debt position (we were one of only four clubs in that position) The figure of 65% seems a middling figure compared to other clubs. Some like Man City were at something like 76% whilst the lowest I believe was Burnley at around 34%. I guess in terms of this being positive or negative it would depend on what total revenue is and whether the remaining 35% of revenue is sufficient to cover other costs and developments. Clubs like City can possibly afford to spend that percentage with revenue streams around 500 million (still leaves them something like 125 million for other activity). Our revenue will of course be significantly lower but still impressive simply because we are a premier league side. In terms of infrastructure there is some trade off between cost, capacity and attendance but what the report seems to indicate is that clubs developing stadia in this season were in a debt position.
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