Skip to main content

Where does Premier League money come from and go?

The Premier league’s net interest payable increased in 2022 from £126m to £193m, with over half of this amount coming from just two clubs, namely Manchester United £62m and Tottenham £41m.

Much of the Premier League’s debt increase had come via loans from club owners with this “soft” debt rising by nearly a billion between 2017 and 2020. Four clubs had over £200m owner debt in 2022: Brighton £406m, Everton £381m, Leicester City £266m and Arsenal £218m.

The largest external debt in 2022 by far was at Tottenham £853m and Manchester United £636m with these two clubs accounting for nearly 60% of the division’s loans on their own. The next highest was Everton £174m.

There will be a new record high gross transfer spend in 2022/23, amounting to £2.7 bn per Transfermarkt, largely thanks to Chelsea’s incredible outlay of more than half a billion since Todd Boehly’s arrival,

Premier League clubs have spent £3.3 bn on capital expenditure in the last decade, including £2.2 bln in the last five years, mainly on stadium and training ground developments, though this peaked in 2018 and 2019 with around £600m in both seasons.

Tottenham were responsible for over 40% of this infrastructure investment with a £1.4 bln outlay since 2013, followed by Manchester City £361m (including City Football Group expenditure) and Liverpool £262m.

The only Premier League club that has consistently paid dividends to its owners is Manchester United, who account for £156m of the £187m payments in the last decade, averaging an annual £22m over the last seven years.

The £696m equity provided in 2022 was easily the highest ever, mainly coming from Everton £229m, Chelsea £161m, West Ham £124m, Tottenham £97m and Newcastle United £79m.

Labels:

Comments

Post a Comment

Popular posts from this blog

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...
Post a Comment
Read more

Reports about Charlton sale exaggerated

Reports have appeared in The Guardian and elsewhere that Charlton has been put up for sale. Richard Cawley is an authoritative local journalist who runs a South London Sport substack site.  He reached out to the club yesterday evening to ask for comment on The Guardian’s article. Early indications from the club have been that nothing has changed since the story about them seeking investment, except that it is now a different company doing it. Charlton have since managed to consolidate their place in the Championship, avoiding an instant return to League One, with their women’s side promoted to the WSL, returning to the top flight for the first time since 2007, although staying there is likely to be costly. It would be counter-intuitive for owners Global Football Partners not to progress the club when looking for investment, that the focus remains on driving it forward, that their spend this summer is in line with long-term planning and will see an increase in wages spent on players...
Post a Comment
Read more

Hull City's 'strange' loan

When football finance guru Kieran Maguire seems flashing lights in a club's loan deal, I become concerned.  He is the leading football finance expert in the UK. Hull City have borrowed £55m against their stadium and training ground yet they should get £30m from the Premier League before long.  What is going on? https://www.bbc.co.uk/sport/football/articles/cpwel48y51do
Post a Comment
Read more