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Premier League Club Accounts

are we the only club that hasn't suffered financially after having him as manager?

To be fair I don't think you can blame a manager. Managers are going to ask for as much as they possibly can get, with the exception of perhaps Fergie and Wenger who have established themselves at their clubs and want to leave. If a chairman keeps going "Yes Mr Manager" it's going to end up messy. Levy showed that all you have to do is say "This is how much you're getting and that's that" I actually think Harry tends to take jobs where he knows the chairman is prepared to take silly risks.
 
of course it's down to the chairman i just find it funny that so many clubs Redknapp has managed end up in the mire - as you say - he probably looks for clubs with money to throw around and/or easily led chairman.
 
Twitter / sportingintel: Clubs in 'Big 5' divs spent €12.5bn on transfers since 2008. Those who've RECEIVED most: Spurs http://www.football-observatory.com/IMG/pdf/wp68_eng.pdf

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No surprise really is it? Whilst we don't get what we want on the pitch :( we're without doubt one of the most outstanding financial models of the football World.
 
When you add-up the cost of all the players Spurs have bought during the Premier League Era and then subtract the price we received when those same players were sold-on, you'll see that Tottenham have actually made a profit of over £64m from 1992 to 2014.

Of course, this doesn't take into account the current squad which is still on our books and cost some £215m to assemble....

Tottenham Hotspur Player Transfer History & Statistics 1908-2014
 
Queens Park Rangers had a higher wage bill last season than Champions League finalists Atlético Madrid, research by the Guardian has revealed.

Rangers' financial accounts for 2012-13 confirm the impression at Loftus Road that the club overspent for manager Mark Hughes and his replacement Harry Redknapp, in a vain effort to avoid relegation, producing a wage bill of £78m, 128% of the club's entire turnover. That culture of spending on wages, becoming steadily less prevalent at clubs across Europe, has been put into stark perspective by this season's remarkable achievement of Atlético, whose squad have reached the Champions League final on a wage bill significantly less than QPR's.

Atlético's wage bill has been reported in the Spanish media to be just €66m (£54m), this year – 30% less than QPR's, for a team mostly without acknowledged stars, whose stellar progress has been widely attributed to inspirational management by Diego Simeone. The club is not without its financial difficulties, having been reported to face debts of €500m and fallen behind on tax payments, and the reduction of the wage bill to €66m, with the sale of star players including Radamel Falcao to Monaco last summer, has been presented as evidence of necessary cost-cutting.

By contrast, QPR, taken over in August 2011 by the Malaysian airline entrepreneur Tony Fernandes and his partners Kamarudin Meranun and Ruben Gnanalinigam, having sacked Neil Warnock in January 2012, signed ten players for Warnock's replacement, Mark Hughes, that summer. After they sacked Hughes in November 2012, Fernandes sanctioned £20.5m spending in January last year and a further swelling of the wage bill on Christopher Samba and Loic Remy, Redknapp also signing Jermaine Jenas, Yun Suk-Young and Tal Ben-Haim.

Such drastic spending, in a Premier League whose clubs more generally have reined in some excesses of the past, produced a £65m loss at QPR, the deepest of all 20 clubs, but did not succeed in staving off relegation. Having failed this season to qualify for promotion automatically, QPR hope they can go up via the Championship play-offs, otherwise their financial situation will remain under siginificant pressure.

QPR's 2012-13 accounts show that the Malaysian owners, and the family of the Indian steel billionaire Lakshmi Mittal, whose son-in-law, Amit Bhatia, is on the Rangers board, had loaned the club £166m to enable this spending. The club's total net debt was £177m, the fourth highest in the Premier League.


http://www.theguardian.com/football/2014/may/01/qpr-higher-wage-bill-than-atletico-madrid
 
of course it's down to the chairman i just find it funny that so many clubs Redknapp has managed end up in the mire - as you say - he probably looks for clubs with money to throw around and/or easily led chairman.

And gets out before either the best players are leaving or the money's gone.
 
@sportingintel: In the week that the Championship play-offs start, an alternative look at how QPR overspent en route to PL relegation*pic.twitter.com/AmMNlECTgP

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anyone know if that table takes players real pay situation into account?

does it include only Chelsea's pl squad for example or their entire roster?

is our average pumped up because ade is on 170k despite us not paying all of it?
 
Twitter / EconBizFin: What makes a winning team in football: players salaries or the manager? http://econ.st/1qw8nTA pic.twitter.com/9VvthfRP0M
In football, managers matter. But not as much as money does

WHISTLES were blown across stadiums of the English Premier League on May 11th, bringing the domestic football season to an end. Emirates Marketing Project were crowned as champions, confirming what most pundits had anticipated at the beginning of the season. For many, it was a foregone conclusion. City are the richest club in the league (they are owned by a Emirati billionaire). This affords them the best players, and they lavish the greatest amounts on pay, spending £330m ($550m) last year. Liverpool, who valiantly fought City to the wire, spent £100m less on remunerating their team. Just how much does money matter?

The Economist has crunched the numbers on the relationship between performance (the number of points a team accumulates at the end of the season) and pay (the amount a club spends on wages as a percentage of the season’s median) for 34 clubs that have played in the Premier League since 1996. By our calculations, spending on pay explains 55% of the variation in clubs’ performance. There is evidence, too, that winning teams beget higher wages. Either way, there is still room for good management. Sir Alex Ferguson, who retired as Manchester United’s manager last year, was remarkable in his outperformance: over 19 seasons his teams gained 15 points more on average than would have been expected given the amount the club spent on wages. These margins matter. Had he been an average manager, he would have won just one title. Instead, he won eleven.
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Chelsea are set to announce profits of almost £20m and a record turnover of around £320m when the Premier League leaders release their annual financial results.

Having run up losses of more than £600m during Roman Abramovich’s first ten years at the helm, this is only the second time in his tenure that the club has been in the black having reported profits of £1.4 m in 2011/12.

However, after returning a profit from player sales in last two transfer window having sold Juan Mata to Manchester United for £37.1m in January and David Luiz for £50m to Paris Saint-Germain, the return offers more evidence that the club is no longer reliant on their Russian owner to subsidise the day-to-day running of the club.


http://www.theguardian.com/football/2014/nov/13/chelsea-profits-20m-financial-results

Mata £40 million
Luiz £44 million
Lukaku £31 million

You won't make that much every season.
 
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