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Financial Fair Play

Re: O/T Financial Fair Play

I've consistently maintained that Levy's focus on the United States as a revenue generator is a masterful idea given the growing interest in football stateside, the relatively more substantial disposable income available to the average 'soccer' viewer and the stronger protections for copyright and licensing rights (precluding large-scale illegal shirt/merchandise sales) in the States as opposed to in Asia or Africa. However, it is somewhat disheartening to note that despite the Bale tie ins and the summer marketing blitz we conducted there, we apparently remain unable to leverage said exposure to secure the kinds of 20 million+ shirt deals Levy seems to be looking for (http://www.dailymail.co.uk/sport/fo...HARLES-SALE-FA-fire-womens-super-leagues.html), and will for the foreseeable future remain a club with revenues only marginally larger than Real Madrid's routine summer net spending on transfers alone. We should be thankful, I suppose, that we're at least on this list (can't say the same for everyone else in the PL bar the current top four), and the success of clubs like Roma and Atletico in recent times does prove that success can be achieved on a smaller budget....but I'm still somewhat discouraged when I look at that yawning gap even between us and Liverpool, whom we have managed to finish above for the last four seasons running.

We dearly need another CL run to generate the exposure necessary to pull that zombie stadium project out of the ditch it's seemingly stumbled into. Even our focus on the States as a Spurs-branded market is just swimming against the tide to an extent, because apparently (http://espnfc.com/blog/_/name/relegationzone/id/1365?cc=5901) we're not even in the top four most supported English clubs there, as United and Chelsea steadily gain ground and City establish themselves via their tie-ins with the likes of New York City FC.

Come on, Full-time Tim. Lead us on into the light again.
 
Re: O/T Financial Fair Play

Twitter / sportingintel: Bolton join .... errm ... an elite band.
Bc0IPrqCYAAakz5.jpg:large

And the result of this totally fair financial practice (left to right): 3rd, 1st, 5th, 1st, 10th, 2nd, 1st, 2nd, 1st, 2nd, 2nd, 2nd, 9th, 7th (in the Championship).

Spot the odd one out.
 
Re: O/T Financial Fair Play

Last year Emirates Marketing Project's financial results were released on a Friday afternoon just before Christmas, which some cynics suggested was timed to avoid the glare of publicity on their £98m loss. I've been waiting for several weeks for the release of their 2012-13 results, intrigued to see how they explained that they were meeting the FFP rules. They still haven't been released but, in the meantime, some clues here:

Deloitte Football Money League report: Emirates Marketing Project FFP hopes lifted by revenue hike (The Independent)

Emirates Marketing Project appear set to pass Uefa's Financial Fair Play test – and avoid a Champions League ban – having increased revenues by £40m.​
and here:

Deloitte's Rich List gives sneak preview of Emirates Marketing Project's accounts (financialfairplay.co.uk)

Even with a £40m increase in revenue and all the costs that can be legitimately excluded under the FFP rules, it's going to take some creativity to keep their combined loss for the two years below the necessary £38m. But, as Ed Thompson notes on the financialfairplay website, "Emirates Marketing Project appear to have been briefing journalists that they are on track to pass the FFP test." I can't imagine they'd be doing so unless they were confident.
 
Re: O/T Financial Fair Play

Not surprising at all. Begiristain and Soriano have worked absolute wonders. Ticket revenue has almost doubled since they've come in and we still have one of, if not the, cheapest season tickets in the league.
 
Re: O/T Financial Fair Play

Not surprising at all. Begiristain and Soriano have worked absolute wonders. Ticket revenue has almost doubled since they've come in and we still have one of, if not the, cheapest season tickets in the league.


any word on how they have gone about doubling ticket revenue? attendance figures can't have changed much since Begiristain came in, last year was it?
 
Re: O/T Financial Fair Play

If a club has a rich sugar-daddy, they will always find some loophole to syphon funds from the owner into the club. The rich can buy their way around the rules... it's the way of the world (not just football).
 
Re: O/T Financial Fair Play

any word on how they have gone about doubling ticket revenue? attendance figures can't have changed much since Begiristain came in, last year was it?

Probably sold some VIP boxes to some of the owner's relatives.
 
Re: O/T Financial Fair Play

Ticket revenue doubled, attendance stayed the same and they have some of the cheapest tickets in the league... Something doesn't quite add up here!
 
Re: O/T Financial Fair Play

I'm pretty sure there's some small print in the rules about revenue being at some kind of reasonable value.

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Re: O/T Financial Fair Play

Not surprising at all. Begiristain and Soriano have worked absolute wonders. Ticket revenue has almost doubled since they've come in and we still have one of, if not the, cheapest season tickets in the league.

How many of the £299 season tickets are there? The price is often mentioned, but the number never seems to be for some reason.
 
Re: O/T Financial Fair Play

I'm pretty sure there's some small print in the rules about revenue being at some kind of reasonable value.

Sent from my HTC One using Fapatalk

Yes, sponsorship is supposed to represent fair market value, but how do UEFA determine what is fair. While a reasonable man can see why Real Madrid or Manchester United or Bayern Munich will get large sponsorships, how can they determine that Emirates Marketing Project, Chelsea and PSG aren't entitled to similar deals? How do you weigh the importance of history against the product on the pitch?

We will see if FFP is serious or not in how UEFA deal with PSG. They have come from commercial nothings to top dog, surpassing Bayern, in a few years. It's not as if they have done much in the CL yet. Clearly they are not being sponsored on fair market value but how do UEFA determine this definitively so it avoids legal challenge. I suspect they will wave it through.

There is something about the PSG sponsorships being backdated 5-10 years. This could mean it is a one-off or it could open the doors for further backdating. Perhaps there is someone interested in sponsoring St Mark's (West Gorton) FC in the 1880s, maybe the commerical value will strike a cord in Abu Dhabi.

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Re: O/T Financial Fair Play

I'm pretty sure there's some small print in the rules about revenue being at some kind of reasonable value.

Sent from my HTC One using Fapatalk

Yeah.

Was mentioned on a podcast I listened to the other day (either football weekly or second captains, can't remember) that one of PSG's sponsorship deals will grow in the next couple of years to where that one deal will be worth more than Manchester United's entire current sponsorship revenue. And that one deal doesn't even get that company on PSG's shirts. And the deal even included back payment for a previous season before the company actually sponsored PSG.

There isn't a more clear cut test of UEFA's market value fairness whatever clause. Will be interesting to see how it pans out.
 
Re: O/T Financial Fair Play

Yeah.

Was mentioned on a podcast I listened to the other day (either football weekly or second captains, can't remember) that one of PSG's sponsorship deals will grow in the next couple of years to where that one deal will be worth more than Manchester United's entire current sponsorship revenue. And that one deal doesn't even get that company on PSG's shirts. And the deal even included back payment for a previous season before the company actually sponsored PSG.

There isn't a more clear cut test of UEFA's market value fairness whatever clause. Will be interesting to see how it pans out.

It was Football Weekly, they had Philippe Auclair on.
 
Re: O/T Financial Fair Play

How many of the £299 season tickets are there? The price is often mentioned, but the number never seems to be for some reason.

I wouldn't be surprised if they use this to justify the large sponsorship in someway, "we work with our partners to improve the match day experience for our fans, as they are the most important part of the club" etc etc which the press and fan groups will lap up, despite it being pretty obvious that the fans who actually turn up at the ground have never been less important to PL clubs
 
Re: O/T Financial Fair Play

Does anybody actually believe anything about FFP now?

It's obvious the spending at Barca/Real/City/Cheat$ki/PSG/etc has not gone down, will not go down.

No doubt they will make an example of some mid table struggler at some point who overspends, but the money doping clubs have already had their conversations with UEFA and know they are going to get away with it.
 
Re: O/T Financial Fair Play

The idea that anyone at UEFA or FIFA was going to stop people with large amounts of money to throw at football was always far-fetched.

They will find a few suitable targets to show their "seriousness". Which was the Spanish team fined for not paying debts or players ... Malaga? Or possibly Anzhi now they seem to have lost their benefactor. They can punish them.
 
Re: O/T Financial Fair Play

Does anybody actually believe anything about FFP now?

It's obvious the spending at Barca/Real/City/Cheat$ki/PSG/etc has not gone down, will not go down.

No doubt they will make an example of some mid table struggler at some point who overspends, but the money doping clubs have already had their conversations with UEFA and know they are going to get away with it.

I don't think that Chelsea would have sold Mata this week if it wasn't for FFP. It is being phased in over a number of seasons and it is also judged over a period of time rather than on one set of results. I think that it is still too early to judge how it will be enforced and whether it is effective.
 
Re: O/T Financial Fair Play

Does anybody actually believe anything about FFP now?

It's obvious the spending at Barca/Real/City/Cheat$ki/PSG/etc has not gone down, will not go down.

No doubt they will make an example of some mid table struggler at some point who overspends, but the money doping clubs have already had their conversations with UEFA and know they are going to get away with it.

I will continue to believe that FFP was put in place primarily to stop clubs from going into debt they cannot handle putting their future at serious risk and that UEFA isn't motivated to stop rich people who want to inject large sums of money into football.
 
Re: O/T Financial Fair Play

I don't think that Chelsea would have sold Mata this week if it wasn't for FFP. It is being phased in over a number of seasons and it is also judged over a period of time rather than on one set of results. I think that it is still too early to judge how it will be enforced and whether it is effective.

I think all of this is true.
 
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