Will Rafa See Any Of This Money In January?

[Nebraska Red]

Big Windfall From TV

 

Manchester United and Liverpool receive huge cash windfalls.

 

United and Liverpool topped the list of earnings, with the Premier League champions collecting £51.5 million. Liverpool also broke the £50 million mark, albeit narrowly, collecting £50.1 million. The totals represented approximately 20 per cent of United's total annual revenues, and an even more significant proportion of Liverpool's.

[Kvarme Ate My Food]

no.

 

well, maybe a little bit.

[surf]

I'm sure it's no surprise we're getting this money, so it should have already been accounted for.

 

So no money for Rafa.

[carrafan]

Rafa will get the whole 50 million for trasfer expenses. Unfortunately, Spearing and Darby's new contracts would have already accounted for those. Its true.

[Igors Uncle Dave]

I very much doubt it. This will buy each of our beloved owners a nice pad in Seaforth with a little left over for a slap up binge at Mrs Miggins pie shop

[richwilks]

They Yanks will see this as helping their ever decreasing loan and increasing the value of their investment.

[Maldini]

of course he won't, we got the same last year and he got none of that.

[Rimbeux]

Even more coming this season...

[madaboutlfc]

what a f***ed up situation we are in..i almost want to wish death upon those scum

[Benzo-13]

Rafa will barely get enough for a pint of milk knowing these two.

[domlfc]

Rafa will barely get enough for a pint of milk knowing these two.

I will be amazed if Rafa is still here to buy a pint of milk. f***in dispicable b*****d owners we have

[meepins]

what a f***ed up situation we are in..i almost want to wish death upon those scum

why almost? I hope they suffer hideous deaths

[growler]

I would hope that it goes to the capital of the debt, therefore increasing equity and lowering interest payments, meaning we can then get the stadium financed.

[Zoob]

Rafa will get the whole 50 million for trasfer expenses. Unfortunately, Spearing and Darby's new contracts would have already accounted for those. Its true.

 

Brouwer has also returned from his loan spell. His wages alone are the equivalent of signing several top players.

[fyds]

Like John, I think he may get a bit if he really says he needs it.

[Stevie H]

absolutely no chance.

[fyds]

I think it depends on what position we're in Stevie - if we're challenging but carrying problems, they may back off enough to bring someone in, in the hope if nothing else of bigger rewards down the line as a result.

[Stevie H]

the same way they did last january and this summer? they don't give two s***s about bigger rewards down the line fyds.

[fyds]

the same way they did last january and this summer? they don't give two s***s about bigger rewards down the line fyds.

I meant bigger rewards as in 'more cash'

 

I'd say in that aspect that's all they really do care about

Edited September 3, 2009 by fyds

[Stevie H]

I meant bigger rewards as in 'more cash'

 

I'd say in that aspect that's all they really do care about

 

but you think that they'd invest in the squad in january in order to increase potential return on that investment further down the line when they've categorically proven that they cannot and will not do that. they would have done it this summer otherwise rather than making the manager make a profit on summer dealings.

[fyds]

but you think that they'd invest in the squad in january in order to increase potential return on that investment further down the line when they've categorically proven that they cannot and will not do that. they would have done it this summer otherwise rather than making the manager make a profit on summer dealings.

I thought we broke even give or take a few 100k?

 

This summer they had the refinancing to sort out - which was expensive for them personally - come January, that may have eased a little to make a token gesture, especially if there are rumblings all round.

[growler]

the only way we get funds in Jan is if we are in danger of slipping out of the top 4.

[Gerrardrules]

Babel confirmed on Dutch television last night he would have liked to leave, but he wasn't allowed to because Rafa would have no money to reinvest. So there wont be any money in January.

[GWistooshort]

From today's Guardian.............

 

Record spending turns to record profit for Premier League's top four

 

As the transfer window shut with a whimper rather than a bang, it emerged that England's four Champions League representatives had made their biggest ever net profit on summer transfer dealings. English football's new financial realities, at least outside the City of Manchester Stadium, were illustrated by figures showing that the Big Four closed the book on their summer dealings £75.3m in the black, according to accountants KPMG, as compared to a net outlay of £45.2m a year ago. Even if the world record £80m paid by Real Madrid to Manchester United for Cristiano Ronaldo is subtracted from the total, the four traditionally biggest spenders were left only marginally in the red as all pulled in their belts for a variety of reasons.

 

Despite the outlay of Manchester City, who topped the spending table with a net figure of £98m as the Abu Dhabi owners attempt to break into the top four, the net spending of Premier League clubs was down to £81m from £210m a year ago. Overall, clubs in the top three tiers of English football recorded a net outlay of just more than £6.5m, down from £167.5m in the 2008 summer transfer window.

 

The proposed new 50% top rate of income tax and the weakness of the pound against the euro have been cited as reasons for the lack of big signings from overseas this summer, while others have blamed the impact of Real Madrid's spending spree. Last month, Deloitte Sports Business Group calculated that the true cost of an overseas player to English clubs was up to 70% higher than to their Spanish counterparts.

 

"I don't buy into the idea that it's the credit crunch that is curtailing the spending of the Big Four, but the fact they are no longer able to attract the top European stars for some reason," said Geoff Mesher, head of the forensic sports industry team at KPMG. "The tax rate and the euro-pound exchange rate may well have had an effect. European players are less attracted if they are going to be paid in pounds."

 

Despite widespread speculation that Roman Abramovich, their owner, had vowed to make a "marquee signing", Chelsea's biggest deal of the summer remained the £18m paid to CSKA Moscow for Yuri Zhirkov. That still made the Stamford Bridge club the only one of last season's top four to appear in the top half of a spending table compiled by KPMG, with Manchester United and Arsenal recording a profit and Liverpool a deficit of only £2.7m. Doubts have been cast over Liverpool's spending power since their American owners, Tom Hicks and George Gillett, agreed a refinancing package last month that involves repaying £60m of £290m debt over the next 12 months.

 

Manchester City aside, those spending the most during the current window were clubs such as Sunderland, Birmingham and Wolves, gambling in order to retain or consolidate their Premier League status. Sunderland and Birmingham have the next highest net outlays, of £19.2m and £18.6m, respectively. "This level of investment in the current economic climate reflects the financial pressure on clubs to avoid relegation and their willingness to speculate to achieve this goal," Mesher said. "Whilst relegated clubs will receive substantial parachute payments this is no match for the lucrative television and prize money on offer in the Premier League."

 

KPMG's figures reveal a decrease in transfer fees paid to overseas clubs, giving further credence to the theory that English clubs are finding it harder to attract talent from overseas. Of the total Premier League spend, 35% was paid to non-English teams, down from 47% in the 2008 summer window. Of the £156m investment in players from non-English teams, 5% went to the Spanish league compared with 35% of the £222m sent overseas in 2008. Conversely, around 85% of transfer funds received by Premier League clubs from overseas came from La Liga, and in particular from Real Madrid.

 

Separate figures from Deloitte , also published tonight, showed that overall spend by Premier League clubs had declined by 10% compared to the same period in 2008. Yet the relatively strong spending power of clubs throughout the top division, chiefly thanks to the way TV money is distributed, meant that the spending by Premier League clubs, £460.4m, again exceeded that in other European leagues, albeit not by as much as in previous seasons. Spending by Real Madrid and Barcelona boosted summer 2009 transfer spending by clubs in Spain's top division to around £400m, while Italy's Serie A clubs spent around £350m. Clubs in the top divisions of each of France and Germany spent around £200m.

 

http://www.guardian.co.uk/football/blog/20...league-big-four