Post by QPR Report on Feb 12, 2009 6:51:12 GMT
From Deloitte's Football Money League, for 2007/2008 season - By Revenue. Top 20 clubs. Distressing to see Chelsea up there. And remember this is be revenue, not from Abramovich
FourFourTwo - Deloitte Football Money League 2009
1. Real Madrid (Spain) €365.8m (£289.6m)
2. Manchester United (England) €324.8m (£257.1m)
3. FC Barcelona (Spain) €308.8m (£244.4m)
4. Bayern Munich (Germany) €295.3m (£233.8m)
5. Chelsea (England) €268.9m (£212.9m)
6. Arsenal (England) €264.4m (£209.3m)
7. Liverpool (England) €210.9m (£167.0m)
8. AC Milan (Italy) €209.5m (£165.8m)
9. AS Roma (Italy) €175.4m (£138.9m)
10. Internazionale (Italy) €172.9m (£136.9m)
11. Juventus (Italy) €167.5m (£132.6m)
12. Olympique Lyonnais (France) €155.7m (£123.3m)
13. Schalke 04 (Germany) €148.4m (£117.5m)
14. Tottenham Hotspur (England) €145.0m (£114.8m)
15. Hamburger SV (Germany) €127.9m (£101.3m)
16. Olympique de Marseille (France) €126.8m (£100.4m)
17. Newcastle United (England) €125.6m (£99.4m)
18. Vfb Stuttgart (Germany) €111.5m (£88.3m)
19. Fenerbahce (Turkey) €111.3m (£88.1m)
20. Manchester City (England) €104.0m (£82.3m)
fourfourtwo.com/news/england/24940/default.aspx
The Times Graphic (and where the revenue comes from)
extras.timesonline.co.uk/pdfs/football_cashingin.pdf
BBC - Real beat Man Utd in rich league
Real Madrid's revenue increased by 4% in 2007/08
Manchester United have come second in the list of the world's richest clubs, while Real Madrid stay top for the fourth year in a row.
Deloitte's Football Money League, based on financial information for the 2007/08 season, features seven English clubs in the top 20 positions.
The authors said that United would have been top of the Money League if the pound was still at June 2007 levels.
Chelsea, Arsenal and Liverpool are fifth, sixth and seventh respectively.
Exchange rate factor
"If the exchange rate value of the pound had not depreciated, there would have been nine, rather than seven English clubs in the top 20 and Manchester United would have topped the Money League ahead of Real Madrid," said Dan Jones, partner in the Sports Business Group at Deloitte.
WORLD'S WEALTHIEST CLUBS BY REVENUE
1) Real Madrid: £289.6m
2) Man Utd: £257.1m
3) Barcelona: £244.4m
4) Bayern Munich: £233.8m
5) Chelsea: £212.9m
6) Arsenal: £209.3m
7) Liverpool: £167m
8) AC Milan: £165.8m
9) AS Roma: £138.9m
10) Inter Milan: £136.9m
Source: Deloitte: 2007/8
United won the English Premier League and UEFA Champions League in 2008, posting a significant 21% pound-denominated revenue growth.
The list had been headed by Manchester United for eight years until Real Madrid deposed them.
"Whilst Real Madrid's 4% revenue growth in 2007/08 is more modest than recent years, the club has now doubled its revenues since 2002 and enjoys a lead of 41m euros [£32.5m] over Manchester United," said Mr Jones.
"With the club having announced that it is budgeting for revenues of 400m euros in 2008/09, it will be difficult for rivals to replace Real at the top of the Money League next year."
European clubs
The other English clubs in the top 20 are Tottenham Hotspur (14th), Newcastle United (17th) and Manchester City (20th).
All the top 20 clubs represent Europe. Germany and Italy have four clubs each in the top 20, Spain and France have two clubs each.
Fenerbahce became the first Turkish club to enter the top 20 since the creation of the list of the world's richest clubs in 1996/97. The unique nature of the football industry will enable major clubs to be relatively resistant to the economic downturn
Paul Rawnsley, Sports Business Group
Germany's Bayern Munich climbed three places to fourth, returning to the top five for the first time in five years.
"Despite not competing in the Champions League, revenues were boosted by the club acquiring 100% ownership of its home ground, the Allianz Arena," said Alan Switzer, director in the Sports Business Group.
Celtic, Valencia and Werder Bremen dropped out of the Money League, while Stuttgart and Manchester City climbed back.
The top 20 clubs' collective revenue rose by 6% to 3.9bn euros in 2007/08.
'Challenging environment'
The list's authors said that this year's Money League is based on figures available largely before the global economic downturn started.
"Whilst next year's Money League will show some early signs of how the changing economic environment is affecting the game's top clubs, it will not be until 2009/10 that there is a fuller picture of the impact," they said.
However, Paul Rawnsley, director in the Sports Business Group, said: "The unique nature of the football industry will enable major clubs to be relatively resistant to the economic downturn.
"Clubs' match attendances are holding up well and clubs in each of England, Germany, France and Spain have TV deals secured well into the future at enhanced levels.
"Despite the challenging economic environment, the Premier League has just secured a record value for live domestic broadcast rights for the seasons 2010/11 to 2012/13, up 4% to £1.782bn.
"Given the worldwide popularity of the Premier League there is likely to be further uplift in value from overseas rights when they are marketed later this year."
Independent/Nick Harris -
Manchester United income soars in football rich list
Real Madrid's 4 per cent revenue growth is more modest than recent years, but the club have doubled their revenues since 2002
© The richest teams on the plant
Manchester United’s dominance of English football, on and off the pitch, is underlined today with the release of a financial survey that shows a £45m leap in United’s year-on-year income. Thanks in large part to last season’s Premier League and Champions League double, United’s turnover grew by 21 per cent in the 2007-08 season to £257.1m.
This makes United by far the highest-earning club in Britain, ahead of Chelsea (in second place, with income of £212.9m in the same period), Arsenal (£209.3m) and Liverpool (£167m).
Click the images to the right to see the 20 richest clubs in the world.
The figures are revealed in the latest Football Money League report by Deloitte, in a survey that shows Real Madrid remain the world’s richest club in terms of revenue, ahead of United in second, then Barcelona, Bayern Munich and Chelsea.
Only a drastic slump in the value of sterling has prevented United from reclaiming the title of “world’s richest club” from Real. Real Madrid’s income for 2007-08 rose a relatively modest four per cent to 365.8m euros, or £289.6m when converted at the June 2008 exchange rate of £1 = 1.2632 euros. United’s income at the same rate equated to 324.8m euros.
But sterling has crashed significantly, and if Deloitte had used the same exchange rate as in their previous report (£1 = 1.4856 euros, from June 2007), United’s latest income would have been 381.9m euros against Real’s 365.8m euros.
One of the most intriguing aspects of today’s report is that Deloitte, rather than the clubs themselves, has become the vehicle of choice for headline income figures to be released. United will provide more details of their results in due course, including data on large profits, but Chelsea are expected to remain conspicuously quiet this week about their own results.
A press conference and briefing, scheduled for Friday, has been indefinitely shelved, and it is understood that this is partly because of the sacking of Luiz Felipe Scolari. His pay-off, of around £7.5m, would not have been in the 2007-08 accounts but would have prompted embarrassing questions about Chelsea’s huge and ongoing losses.
An annual loss of £74.8m in 2006-07 on turnover of £190.5m meant the club had posted cumulative losses of £384m in four years. Haemorrhaging of money at such levels has always heaped ridicule on the long-standing claims of Chelsea’s chief executive, Peter Kenyon, that the club can break even by 2010. Yet further losses in the tens of millions are expected in the 2007-08 figures. And combined with the latest change in manager and wobble in form (and the financial ramifications of both) any suggestions of financial self-sufficiency soon are hollow jokes, as, increasingly, are Kenyon and Roman Abramovich themselves.
As the Deloitte report points out, Chelsea’s annual income growth of 12 per cent (£22.4m) in 2007-08 was driven mainly by increased TV cash, “but the club needs new successes with its match day and commercial revenues to deliver future growth and keep pace with its biggest European rivals.
List of 20
www.independent.co.uk/sport/football/news-and-comment/manchester-united-income-soars-in-football-rich-list-1606927.html?action=Popup
The Times/Kevin Eason
English clubs are striking it rich in assault on European money league
Kevin Eason
Graphic: The top 20 richest clubs in Europe
extras.timesonline.co.uk/pdfs/football_cashingin.pdf
They have been derided as the prawn sandwich brigade and blamed for the apathy that leads to silent encounters between top teams, but corporate guests pouring in money from the comfort of their executive boxes are helping to make English clubs the richest in the world.
The Deloitte Football Money League, the most authoritative guide to where the money goes, shows Barclays Premier League clubs making a mass assault on the top 20 in the rich list.
As of June 2007, Real Madrid head the Money League for the third year in succession after a 20 per cent growth in income to €351 million (about £260 million), but Manchester United are an increasingly close second to make up a vanguard of six English clubs – along with Chelsea, Arsenal, Liverpool, Tottenham Hotspur and Newcastle United – who make up the single biggest national representation among the top 20.
That is just the start, according to Deloitte’s experts. An explosion of television income plus innovative approaches to entertaining corporate guests willing to pay over the odds for their plush match-day seats and lavish food and wine means that the clubs’ coffers are swelling fast.
The Deloitte team expects half the top 20 to be made up of English clubs next year, elbowing out traditionally strong rivals from Germany, Italy and France, with Manchester City, Aston Villa, Everton and West Ham United pushing to break the €100 million earnings barrier.
Dan Jones, a partner at Deloitte’s sports business group, said that broadcasting deals worth £2.7 billion coming on stream in the Premier League should change the order of Europe’s footballing rich list substantially. “With four English clubs already bubbling under the lower reaches of the top 20, we think 2007-08 could see England providing half the Money League clubs,” he says in the report.
If television is having its impact, takings at the turnstiles are proving spectacular, particularly for the big clubs that have expanded, such as Manchester United, or invested in vast new stadiums that have raised capacity, such as Arsenal.
Real attract huge home attendances of 71,500 but took a relatively poor £55.3 million in gate receipts in 2006-07, while Germany is enjoying a boom thanks to the raft of new stadiums built or improved for the 2006 World Cup finals.
Their takings pale by comparison, though, with the world-record £92.5 million paid at the Old Trafford gates. Arsenal, with the 60,000-seat Emirates Stadium, are not far behind with a season’s takings of £90.6 million, equivalent to an average of £3.1 million for each home match. Although Chelsea’s seating capacity is low by the standards of the leading clubs, their match-day takings are the third highest at £74.5 million.
But it is the English clubs’ ability to entertain their sponsors and their guests, plus the corporate “suits” who want to be associated with the most successful league in the world, that is helping to boost revenues.
Deloitte calculates that clubs in the Premier League took an average of £34 per spectator last season, compared with £22 in Spain, £16 in Germany, £15 in Italy and £11 in France. Ranked by match-day revenues alone, English clubs would make up six of the top ten earnings places, Deloitte says.
The moneymaking power of all the most powerful clubs in Europe is improving rapidly. Earnings of the top 20 clubs have grown at 12 per cent a year since the 1996-97 season, from £800 million to £2.5 billion.
They now account for 30 per cent of all the money going into European football and the 20 clubs at the top of the Money League generate three times more than they did a decade ago.
Jones also gave warning that the elite few richest clubs threaten to pull away from the not-quite-so-rich in financial power with each passing season. The gap between the fifth and sixth-placed club, Arsenal and AC Milan, is now about £24 million.
“A virtuous circle exists at the elite level with success on the pitch fuelling financial riches off the pitch and vice versa,” Jones said. “The top ten continue to dominate on the pitch with these clubs having secured 34 of the 43 domestic league titles on offer since our analysis began in 1996-97. The top ten clubs have also won the Champions League in nine of the last 11 seasons.”
Which is why Deloitte’s experts expect football’s top ten earners to dominate the Money League for years to come – unless England can provide some newly rich intruders.
www.timesonline.co.uk/tol/sport/football/premier_league/article3365717.ece
FourFourTwo - Deloitte Football Money League 2009
1. Real Madrid (Spain) €365.8m (£289.6m)
2. Manchester United (England) €324.8m (£257.1m)
3. FC Barcelona (Spain) €308.8m (£244.4m)
4. Bayern Munich (Germany) €295.3m (£233.8m)
5. Chelsea (England) €268.9m (£212.9m)
6. Arsenal (England) €264.4m (£209.3m)
7. Liverpool (England) €210.9m (£167.0m)
8. AC Milan (Italy) €209.5m (£165.8m)
9. AS Roma (Italy) €175.4m (£138.9m)
10. Internazionale (Italy) €172.9m (£136.9m)
11. Juventus (Italy) €167.5m (£132.6m)
12. Olympique Lyonnais (France) €155.7m (£123.3m)
13. Schalke 04 (Germany) €148.4m (£117.5m)
14. Tottenham Hotspur (England) €145.0m (£114.8m)
15. Hamburger SV (Germany) €127.9m (£101.3m)
16. Olympique de Marseille (France) €126.8m (£100.4m)
17. Newcastle United (England) €125.6m (£99.4m)
18. Vfb Stuttgart (Germany) €111.5m (£88.3m)
19. Fenerbahce (Turkey) €111.3m (£88.1m)
20. Manchester City (England) €104.0m (£82.3m)
fourfourtwo.com/news/england/24940/default.aspx
The Times Graphic (and where the revenue comes from)
extras.timesonline.co.uk/pdfs/football_cashingin.pdf
BBC - Real beat Man Utd in rich league
Real Madrid's revenue increased by 4% in 2007/08
Manchester United have come second in the list of the world's richest clubs, while Real Madrid stay top for the fourth year in a row.
Deloitte's Football Money League, based on financial information for the 2007/08 season, features seven English clubs in the top 20 positions.
The authors said that United would have been top of the Money League if the pound was still at June 2007 levels.
Chelsea, Arsenal and Liverpool are fifth, sixth and seventh respectively.
Exchange rate factor
"If the exchange rate value of the pound had not depreciated, there would have been nine, rather than seven English clubs in the top 20 and Manchester United would have topped the Money League ahead of Real Madrid," said Dan Jones, partner in the Sports Business Group at Deloitte.
WORLD'S WEALTHIEST CLUBS BY REVENUE
1) Real Madrid: £289.6m
2) Man Utd: £257.1m
3) Barcelona: £244.4m
4) Bayern Munich: £233.8m
5) Chelsea: £212.9m
6) Arsenal: £209.3m
7) Liverpool: £167m
8) AC Milan: £165.8m
9) AS Roma: £138.9m
10) Inter Milan: £136.9m
Source: Deloitte: 2007/8
United won the English Premier League and UEFA Champions League in 2008, posting a significant 21% pound-denominated revenue growth.
The list had been headed by Manchester United for eight years until Real Madrid deposed them.
"Whilst Real Madrid's 4% revenue growth in 2007/08 is more modest than recent years, the club has now doubled its revenues since 2002 and enjoys a lead of 41m euros [£32.5m] over Manchester United," said Mr Jones.
"With the club having announced that it is budgeting for revenues of 400m euros in 2008/09, it will be difficult for rivals to replace Real at the top of the Money League next year."
European clubs
The other English clubs in the top 20 are Tottenham Hotspur (14th), Newcastle United (17th) and Manchester City (20th).
All the top 20 clubs represent Europe. Germany and Italy have four clubs each in the top 20, Spain and France have two clubs each.
Fenerbahce became the first Turkish club to enter the top 20 since the creation of the list of the world's richest clubs in 1996/97. The unique nature of the football industry will enable major clubs to be relatively resistant to the economic downturn
Paul Rawnsley, Sports Business Group
Germany's Bayern Munich climbed three places to fourth, returning to the top five for the first time in five years.
"Despite not competing in the Champions League, revenues were boosted by the club acquiring 100% ownership of its home ground, the Allianz Arena," said Alan Switzer, director in the Sports Business Group.
Celtic, Valencia and Werder Bremen dropped out of the Money League, while Stuttgart and Manchester City climbed back.
The top 20 clubs' collective revenue rose by 6% to 3.9bn euros in 2007/08.
'Challenging environment'
The list's authors said that this year's Money League is based on figures available largely before the global economic downturn started.
"Whilst next year's Money League will show some early signs of how the changing economic environment is affecting the game's top clubs, it will not be until 2009/10 that there is a fuller picture of the impact," they said.
However, Paul Rawnsley, director in the Sports Business Group, said: "The unique nature of the football industry will enable major clubs to be relatively resistant to the economic downturn.
"Clubs' match attendances are holding up well and clubs in each of England, Germany, France and Spain have TV deals secured well into the future at enhanced levels.
"Despite the challenging economic environment, the Premier League has just secured a record value for live domestic broadcast rights for the seasons 2010/11 to 2012/13, up 4% to £1.782bn.
"Given the worldwide popularity of the Premier League there is likely to be further uplift in value from overseas rights when they are marketed later this year."
Independent/Nick Harris -
Manchester United income soars in football rich list
Real Madrid's 4 per cent revenue growth is more modest than recent years, but the club have doubled their revenues since 2002
© The richest teams on the plant
Manchester United’s dominance of English football, on and off the pitch, is underlined today with the release of a financial survey that shows a £45m leap in United’s year-on-year income. Thanks in large part to last season’s Premier League and Champions League double, United’s turnover grew by 21 per cent in the 2007-08 season to £257.1m.
This makes United by far the highest-earning club in Britain, ahead of Chelsea (in second place, with income of £212.9m in the same period), Arsenal (£209.3m) and Liverpool (£167m).
Click the images to the right to see the 20 richest clubs in the world.
The figures are revealed in the latest Football Money League report by Deloitte, in a survey that shows Real Madrid remain the world’s richest club in terms of revenue, ahead of United in second, then Barcelona, Bayern Munich and Chelsea.
Only a drastic slump in the value of sterling has prevented United from reclaiming the title of “world’s richest club” from Real. Real Madrid’s income for 2007-08 rose a relatively modest four per cent to 365.8m euros, or £289.6m when converted at the June 2008 exchange rate of £1 = 1.2632 euros. United’s income at the same rate equated to 324.8m euros.
But sterling has crashed significantly, and if Deloitte had used the same exchange rate as in their previous report (£1 = 1.4856 euros, from June 2007), United’s latest income would have been 381.9m euros against Real’s 365.8m euros.
One of the most intriguing aspects of today’s report is that Deloitte, rather than the clubs themselves, has become the vehicle of choice for headline income figures to be released. United will provide more details of their results in due course, including data on large profits, but Chelsea are expected to remain conspicuously quiet this week about their own results.
A press conference and briefing, scheduled for Friday, has been indefinitely shelved, and it is understood that this is partly because of the sacking of Luiz Felipe Scolari. His pay-off, of around £7.5m, would not have been in the 2007-08 accounts but would have prompted embarrassing questions about Chelsea’s huge and ongoing losses.
An annual loss of £74.8m in 2006-07 on turnover of £190.5m meant the club had posted cumulative losses of £384m in four years. Haemorrhaging of money at such levels has always heaped ridicule on the long-standing claims of Chelsea’s chief executive, Peter Kenyon, that the club can break even by 2010. Yet further losses in the tens of millions are expected in the 2007-08 figures. And combined with the latest change in manager and wobble in form (and the financial ramifications of both) any suggestions of financial self-sufficiency soon are hollow jokes, as, increasingly, are Kenyon and Roman Abramovich themselves.
As the Deloitte report points out, Chelsea’s annual income growth of 12 per cent (£22.4m) in 2007-08 was driven mainly by increased TV cash, “but the club needs new successes with its match day and commercial revenues to deliver future growth and keep pace with its biggest European rivals.
List of 20
www.independent.co.uk/sport/football/news-and-comment/manchester-united-income-soars-in-football-rich-list-1606927.html?action=Popup
The Times/Kevin Eason
English clubs are striking it rich in assault on European money league
Kevin Eason
Graphic: The top 20 richest clubs in Europe
extras.timesonline.co.uk/pdfs/football_cashingin.pdf
They have been derided as the prawn sandwich brigade and blamed for the apathy that leads to silent encounters between top teams, but corporate guests pouring in money from the comfort of their executive boxes are helping to make English clubs the richest in the world.
The Deloitte Football Money League, the most authoritative guide to where the money goes, shows Barclays Premier League clubs making a mass assault on the top 20 in the rich list.
As of June 2007, Real Madrid head the Money League for the third year in succession after a 20 per cent growth in income to €351 million (about £260 million), but Manchester United are an increasingly close second to make up a vanguard of six English clubs – along with Chelsea, Arsenal, Liverpool, Tottenham Hotspur and Newcastle United – who make up the single biggest national representation among the top 20.
That is just the start, according to Deloitte’s experts. An explosion of television income plus innovative approaches to entertaining corporate guests willing to pay over the odds for their plush match-day seats and lavish food and wine means that the clubs’ coffers are swelling fast.
The Deloitte team expects half the top 20 to be made up of English clubs next year, elbowing out traditionally strong rivals from Germany, Italy and France, with Manchester City, Aston Villa, Everton and West Ham United pushing to break the €100 million earnings barrier.
Dan Jones, a partner at Deloitte’s sports business group, said that broadcasting deals worth £2.7 billion coming on stream in the Premier League should change the order of Europe’s footballing rich list substantially. “With four English clubs already bubbling under the lower reaches of the top 20, we think 2007-08 could see England providing half the Money League clubs,” he says in the report.
If television is having its impact, takings at the turnstiles are proving spectacular, particularly for the big clubs that have expanded, such as Manchester United, or invested in vast new stadiums that have raised capacity, such as Arsenal.
Real attract huge home attendances of 71,500 but took a relatively poor £55.3 million in gate receipts in 2006-07, while Germany is enjoying a boom thanks to the raft of new stadiums built or improved for the 2006 World Cup finals.
Their takings pale by comparison, though, with the world-record £92.5 million paid at the Old Trafford gates. Arsenal, with the 60,000-seat Emirates Stadium, are not far behind with a season’s takings of £90.6 million, equivalent to an average of £3.1 million for each home match. Although Chelsea’s seating capacity is low by the standards of the leading clubs, their match-day takings are the third highest at £74.5 million.
But it is the English clubs’ ability to entertain their sponsors and their guests, plus the corporate “suits” who want to be associated with the most successful league in the world, that is helping to boost revenues.
Deloitte calculates that clubs in the Premier League took an average of £34 per spectator last season, compared with £22 in Spain, £16 in Germany, £15 in Italy and £11 in France. Ranked by match-day revenues alone, English clubs would make up six of the top ten earnings places, Deloitte says.
The moneymaking power of all the most powerful clubs in Europe is improving rapidly. Earnings of the top 20 clubs have grown at 12 per cent a year since the 1996-97 season, from £800 million to £2.5 billion.
They now account for 30 per cent of all the money going into European football and the 20 clubs at the top of the Money League generate three times more than they did a decade ago.
Jones also gave warning that the elite few richest clubs threaten to pull away from the not-quite-so-rich in financial power with each passing season. The gap between the fifth and sixth-placed club, Arsenal and AC Milan, is now about £24 million.
“A virtuous circle exists at the elite level with success on the pitch fuelling financial riches off the pitch and vice versa,” Jones said. “The top ten continue to dominate on the pitch with these clubs having secured 34 of the 43 domestic league titles on offer since our analysis began in 1996-97. The top ten clubs have also won the Champions League in nine of the last 11 seasons.”
Which is why Deloitte’s experts expect football’s top ten earners to dominate the Money League for years to come – unless England can provide some newly rich intruders.
www.timesonline.co.uk/tol/sport/football/premier_league/article3365717.ece