Skip to main content

Liverpool overtake United in Money League

The Deloitte Money League for 2023 has been published: https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/deloitte-football-money-league.html

Manchester City retain their position at the top of the Money League and for the second time were the club to generate the highest revenue in world football. This caps off a rapid rise up the rankings, with the club having only broken into the top five for the first time in 2015/16. This growth has been fuelled by an increase in commercial revenue (up €65m to €373m in 2021/22), which is a new Premier League record.

Liverpool were the biggest movers among the consistent clubs included in this and last year’s edition of the Money League. The club rose four places (from 7th to 3rd) to achieve its highest position in Money League history, and in doing so overtook Manchester United for the first time, on the back of a run to the UEFA Champions League Final 2022. It was also only one of five clubs to report over €100m in matchday revenue, which was the first time the club had done so, as fans returned to football stadia in their masses. This is expected to increase further in coming years, with the expansion of the Anfield Road Stand due to be completed prior to the 2023/24 season.

For the first time since 2018/19 a new club entered the Money League top 10, with Arsenal replacing Juventus (who fell from 9th to 11th), primarily by virtue of the significant matchday revenue generated, which was almost three times that of the Serie A club in 2021/22.

Labels:

Comments

Post a Comment

Popular posts from this blog

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...
1 comment
Read more

Spurs to sell minority stake

Tottenham Hotspur is in talks to sell a minority stake in a deal that could value it at up to £3.75 billion and pave the way for Joe Lewis and his family to sever ties with the Premier League football club. Tottenham chairman Daniel Levy is seeking an investment that values the club at between £3.5 billion and £3.75 billion, including debt. While the terms of any deal have not been finalised, City sources expect Spurs to sell about 10 per cent. The club is being advised by bankers from Rothschild on the sale. Tottenham wants to raise fresh capital for new player signings and to help fund the development of an academy for its women’s team, as well as a 30-storey hotel next to its north London stadium. The financier Amanda Staveley, who brokered the deal for Saudi Arabia’s Public Investment Fund to take over Newcastle United, is understood to be among the parties to have expressed an interest in Tottenham. Staveley’s fund, PCP Capital Partners, has raised about £500 million to ...
Post a Comment
Read more

Millwall punch above their weight

Millwall’s season was overshadowed by the tragic death of owner John Berylson following a car accident. The American had been an exemplary owner, beloved by the fans for his leadership, passion and generosity. Millwall’s finances had been pretty good during his tenure, which we shall explore by looking at the most recent accounts from the 2022/23 season, when the club narrowly missed out on a place in the play-offs after finishing 8th. Millwall’s pre-tax loss slightly reduced from £12.6m to £12.2m, as revenue rose £0.8m (4%) from £18.6m to a club record £19.4m and player sales improved from a £0.1m loss to £2.5m profit. However, other operating income dropped from by £1.1m from £1.3m to £0.2m, while operating expenses increased £1.7m (5%) from £31.6m to £33.3m. The main driver of the revenue increase was broadcasting, which rose £1.1m (12%) from £9.1m to £10.2m, though match day was also up £0.4m (7%) from £5.8m to £6.2m. In contrast, commercial fell £0.7m (19%) from £3.7m to £3....
Post a Comment
Read more