Not sure of the reasons why but apparently it is almost doubling the revenues, heard it mentioned a few times on the radio.
Liverpool Announce Financial Results
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Not sure of the reasons why but apparently it is almost doubling the revenues, heard it mentioned a few times on the radio.
Doesn't mean we have to like this side of it though!
The Cl revenue distribution is made up of participation payments, prizemoney and tv pool money. The tv pool money is allocated according to the tv deal in the country of each team. This is why Juventus last season despite getting knocked out early last year got double what Arsenal did. In addition to the BT deal Uefa are upping the other payments , partially to mitigate FFP to appease the big clubs no doubt. Just qualifying will probably guarantee £65mil from 2015, an enormous increase
I'm not gonna go on about this coz I don't really know what I'm on about and when I thought I did last time, various people proved I didn't!
However... If we're turning over 200m and the wage bill is around 120, and our net spend wasn't really that high... I can't see how that loss isn't one of them smoke-and-mirrors ones that just makes life better for the owners in their larger business.
However... If we're turning over 200m and the wage bill is around 120, and our net spend wasn't really that high... I can't see how that loss isn't one of them smoke-and-mirrors ones that just makes life better for the owners in their larger business.
More details here. Kicks in only the season after though, so next season is going to be crazy.
BT Wins Champions League Rights In UK; What Will It Mean To BPL Reps & What Will Happen In The USA
Bobby McMahon, 11/10/2013
-- http://www.forbes.com/sites/bobbymc...mean-to-bpl-reps-what-will-happen-in-the-usa/
Over the weekend, it was confirmed that BT had purchased the exclusive UK media rights to the UEFA Champions League and the Europa League for three seasons starting in 2015/16.
The price was a whopping $1.44B which is an increase of $800M over the joint fee paid by Sky and ITV, the current rights holders in Britain.
The successful bid follows BT’s acquisition of 38 BarclaysPremier League games per season for three seasons starting 2013/14 at a total cost of $990M.
However, the BPL deal left BT very much subservient to the dominant UK sports broadcaster Sky. In the same round of broadcast deals, Sky paid $3B for well over one hundred games per season and a pick of the games involving the most popular teams.
The key difference between the deals for the two properties is that with the UEFA Champions League and the Europa League, BT has achieved exclusivity. Broadcast deals for UEFA properties in Italy and France in the last while have been driven significantly higher based on the same dynamic.
This round of media rights offered successful bidders the right to exploit the content across all media platforms including television, Internet and mobile on a linear and on-demand basis.
Last season UEFA distributed $1.2B to 32 teams that competed in the Champions League competition. Although Juventus lost in the quarter finals the club still pocked the most money – $87M. Winners Bayern Munich and runners up Borussia Dortmund received $73M and $72M respectively.
The essence of why a club that did not progress beyond the last eight collected more money than the winners can be found in the workings of what is known as the “Market Pool.”
The “Market Pool” in the simplest form distributes a significant portion of the TV rights fees paid by domestic broadcasters back to the representatives of that country with weighting based on the previous season’s finish in their respective league and individual performances in the current year’s Champions League.
And it is the market pool that will guarantee a massive increase in earnings for any English and Scottish clubs that compete in the Champions League group stage from 2015 and on.
Last season Manchester City, Manchester United, Chelsea, Arsenal and Celtic received a total of $107M from the UK market pool. Manchester United received the most at $26M while of the English teams, Arsenal received the least – $21M.
It is often overlooked that any Scottish representatives are entitled to 10% of the UK market pool based upon population split. As such, Celtic received a little under $11M for 2012/13.
If the BT deal had been in effect last season the numbers would have been:
- Manchester United $58.5M
- Manchester City $56M
- Chelsea $56M
- Arsenal $47M
- Celtic $24M
The impact on the UK market pool from 2015/16 will be a guaranteed increase of over $130M per season.
The Europa League has since its inception been very much the red-headed stepson as far as the English language media is concerned. The BT deal will not rocket any English and Scottish entrants into the revenue stratosphere but it will bring about a healthy increase. The market pool for last season’s Europa League distributed a total of $14M to Liverpool, Newcastle, Spurs and Chelsea. That number from 2015/16 on should increase to over $30M.
What we don’t know yet is how high the rights fees for other territories will go. The rights to Germany will be awarded on November 27 which should provide us with another bellwether.
The “Invitation to Submit Offer” (ISO) was issued last week for the United States and the Caribbean. Fox Sports currently hold the rights for the US market after successfully outbidding long time Champions League broadcaster ESPN for the 2009/10 rights and beyond.
Since then Fox has also acquired the rights to the FIFA World Cup properties and the first broadcast will be the 2015 Women’s World Cup in Canada. But in the meantime Fox also lost MLS rights and the rights to the immensely popular Barclays Premier League.
NBC Sports picked up both and as such the upcoming tender for Champions League and Europa League properties offers the chance to further undermine Fox Sports soccer coverage and leave the new Fox channels (1 and 2) with only the German Bundesliga from 2015/16 as regular soccer programming.
In addition, ESPN must surely be interested in reacquiring the Champions League in the US giving the triple blow of failing to establish a viable presence in the UK, losing Champions League rights to Fox in 2009 and missing out on the Barclays Premier League.
(An interested observer to this auction will be MLS. The agreements for both ESPN and NBC Sports are up for renewal at the end of 2014. That may be good or it could be very bad for the league.)
Then there is the upstart BeIN Sports that has a miniscule viewership compared to the three behemoths. But if there has been a lesson for broadcasters over the last few years it is beware of the underdog.
BeIN Sports has the US and Canadian rights to La Liga, Serie A and Ligue 1 but the acquisition of the two UEFA properties would be a major coup and the equivalent of buying thousands of subscribers. The problem for BeIN Sports is although the three European Leagues were happy to sell without market penetration, UEFA demands vast exposure for their products.
To my knowledge the fee paid by Fox to acquire the rights was never confirmed but several reputable website sources put the number at around $30M per season. Doubling that number – even with the negative of afternoon broadcasts – is not an unreasonable estimate of what might be required for the winning bid when it is announced on December 3.
UEFA has not announced the date for the ISO for Canada. Rogers Sportsnet is the current English language rights holder with only TSN a viable alternative. Again, no rights fee was ever announced the last time around for Canada but $2M to $3M is a solid guesstimate.
BT Wins Champions League Rights In UK; What Will It Mean To BPL Reps & What Will Happen In The USA
Bobby McMahon, 11/10/2013
-- http://www.forbes.com/sites/bobbymc...mean-to-bpl-reps-what-will-happen-in-the-usa/
Over the weekend, it was confirmed that BT had purchased the exclusive UK media rights to the UEFA Champions League and the Europa League for three seasons starting in 2015/16.
The price was a whopping $1.44B which is an increase of $800M over the joint fee paid by Sky and ITV, the current rights holders in Britain.
The successful bid follows BT’s acquisition of 38 BarclaysPremier League games per season for three seasons starting 2013/14 at a total cost of $990M.
However, the BPL deal left BT very much subservient to the dominant UK sports broadcaster Sky. In the same round of broadcast deals, Sky paid $3B for well over one hundred games per season and a pick of the games involving the most popular teams.
The key difference between the deals for the two properties is that with the UEFA Champions League and the Europa League, BT has achieved exclusivity. Broadcast deals for UEFA properties in Italy and France in the last while have been driven significantly higher based on the same dynamic.
This round of media rights offered successful bidders the right to exploit the content across all media platforms including television, Internet and mobile on a linear and on-demand basis.
Last season UEFA distributed $1.2B to 32 teams that competed in the Champions League competition. Although Juventus lost in the quarter finals the club still pocked the most money – $87M. Winners Bayern Munich and runners up Borussia Dortmund received $73M and $72M respectively.
The essence of why a club that did not progress beyond the last eight collected more money than the winners can be found in the workings of what is known as the “Market Pool.”
The “Market Pool” in the simplest form distributes a significant portion of the TV rights fees paid by domestic broadcasters back to the representatives of that country with weighting based on the previous season’s finish in their respective league and individual performances in the current year’s Champions League.
And it is the market pool that will guarantee a massive increase in earnings for any English and Scottish clubs that compete in the Champions League group stage from 2015 and on.
Last season Manchester City, Manchester United, Chelsea, Arsenal and Celtic received a total of $107M from the UK market pool. Manchester United received the most at $26M while of the English teams, Arsenal received the least – $21M.
It is often overlooked that any Scottish representatives are entitled to 10% of the UK market pool based upon population split. As such, Celtic received a little under $11M for 2012/13.
If the BT deal had been in effect last season the numbers would have been:
- Manchester United $58.5M
- Manchester City $56M
- Chelsea $56M
- Arsenal $47M
- Celtic $24M
The impact on the UK market pool from 2015/16 will be a guaranteed increase of over $130M per season.
The Europa League has since its inception been very much the red-headed stepson as far as the English language media is concerned. The BT deal will not rocket any English and Scottish entrants into the revenue stratosphere but it will bring about a healthy increase. The market pool for last season’s Europa League distributed a total of $14M to Liverpool, Newcastle, Spurs and Chelsea. That number from 2015/16 on should increase to over $30M.
What we don’t know yet is how high the rights fees for other territories will go. The rights to Germany will be awarded on November 27 which should provide us with another bellwether.
The “Invitation to Submit Offer” (ISO) was issued last week for the United States and the Caribbean. Fox Sports currently hold the rights for the US market after successfully outbidding long time Champions League broadcaster ESPN for the 2009/10 rights and beyond.
Since then Fox has also acquired the rights to the FIFA World Cup properties and the first broadcast will be the 2015 Women’s World Cup in Canada. But in the meantime Fox also lost MLS rights and the rights to the immensely popular Barclays Premier League.
NBC Sports picked up both and as such the upcoming tender for Champions League and Europa League properties offers the chance to further undermine Fox Sports soccer coverage and leave the new Fox channels (1 and 2) with only the German Bundesliga from 2015/16 as regular soccer programming.
In addition, ESPN must surely be interested in reacquiring the Champions League in the US giving the triple blow of failing to establish a viable presence in the UK, losing Champions League rights to Fox in 2009 and missing out on the Barclays Premier League.
(An interested observer to this auction will be MLS. The agreements for both ESPN and NBC Sports are up for renewal at the end of 2014. That may be good or it could be very bad for the league.)
Then there is the upstart BeIN Sports that has a miniscule viewership compared to the three behemoths. But if there has been a lesson for broadcasters over the last few years it is beware of the underdog.
BeIN Sports has the US and Canadian rights to La Liga, Serie A and Ligue 1 but the acquisition of the two UEFA properties would be a major coup and the equivalent of buying thousands of subscribers. The problem for BeIN Sports is although the three European Leagues were happy to sell without market penetration, UEFA demands vast exposure for their products.
To my knowledge the fee paid by Fox to acquire the rights was never confirmed but several reputable website sources put the number at around $30M per season. Doubling that number – even with the negative of afternoon broadcasts – is not an unreasonable estimate of what might be required for the winning bid when it is announced on December 3.
UEFA has not announced the date for the ISO for Canada. Rogers Sportsnet is the current English language rights holder with only TSN a viable alternative. Again, no rights fee was ever announced the last time around for Canada but $2M to $3M is a solid guesstimate.
Then we best hope we sustain our league form next season whilst playing in the CL.
That doesn't include the participation or prize money
I think they got that from the UK TV split. They get prize money too.
[article=http://www.sixcrazyminutes.com/index.php?threads/uefa-champions-league-distribution-to-clubs-2012-13.34802/#post-962215]UEFA Revenues
Arsenal
12/13: €31.423m (CL Round of 16)
11/12: €28.221m (CL Round of 16)
10/11: €30m (CL Round of 16)
Man City
12/13: €28.777m (CL Group Stage)
11/12: €27.77m (CL Group Stage, Europa League Round of 16 - inc Europa League revenue)
10/11: €6.131m (Europa League Round of 16)
Man Utd
12/13: €35.555m (CL Round of 16)
11/12: €36.427m (CL Group Stage, Europa League Round of 16 - inc Europa League revenue)
10/11: €53.2m (CL Runners-up)
Chelsea
12/13: €41.481m (CL Group Stage, Europa League Winners - inc Europa League revenue)
11/12: €59.935m (CL winners)
10/11: €44.5m (CL Q-Finalists)
Tottenhan
12/13: €5.402m (Europa League Q-Finalists)
11/12: €2.950m (Europa League Group Stage)
10/11: €31.133m (CL Q-Finalists)
Liverpool
12/13: €5.033m (Europa League Round of 32)
11/12: -
10/11: €6.131m (Europa League Round of 16)[/article]
[article=http://www.sixcrazyminutes.com/index.php?threads/uefa-champions-league-distribution-to-clubs-2012-13.34802/#post-962230]In summary
Play-off participation: €2.1m
Group stage participation: €5.3m
6 x match fees: €3.3m
Maximum performance bonus: €6m (€1m for every win, €500k for every draw)
Projected market pool: €72.632m (for English Premier League - shared amongst its participants in CL)
Round of 16 bonus: €3.5m
Quarter-finalists bonus: €3.9m
Semi-finalists bonus: €4.9m
Runner-up bonus: €6.5m
Champion bonus: €10.5m
Sponsorships + matchday revenues too.[/article]
So qualifying for the CL and getting past the group stages should mean that we go from a 40m loss to breaking even.
Assuming we don't go out and spend any money on players.
Assuming we don't go out and spend any money on players.
Cheers @King Binny, so based on those figures, a run to the knockout stages is currently worth about 25mill, and from the the 2015-16 season it'll be worth about 37mill.
Also, there is fucking zero point being in that stupid bastard europa league. You'd be better off sending out the u18's if you qualify for that thing.
Also, there is fucking zero point being in that stupid bastard europa league. You'd be better off sending out the u18's if you qualify for that thing.
Can someone explain how Juve pocketed $87m please? I thought Seria A was in deep shit, all the clubs were facing falling revenues.
http://www.sixcrazyminutes.com/inde...tribution-to-clubs-2012-13.34802/#post-962215
"AC Milan and Juventus really benefited from Udinese failing to make the group stages (€36.257m and €44,815 from the market pool alone)."
Success in football was always influenced buy finances. I am assuming the reason older LFC fans never worried about it was the fact that we are so much better than the competition on the financial and footballing side of things, that the fans never had to worry about it.
Also the increased access to these in the internet age does not help also.
You also get match day income from 3 home games in the group stages and onwards etc etc
Yep. Shanks was funded by money from the Pools (ditto Everton).
In 2015/2016 when the new BT CL deal starts.
In 2014/2015, it's still the old Sky money. Based on the numbers Binny has put up for the past few years, I think the TV + prize money (i.e. UEFA revenues) is probably between 25m - 35m+ Euros, depending on where we finish this season, how many games we win/draw in the CL, and how far we progress. Then add the gate receipts. Not sure if that will put us over the top, but definitely 2015/2016 is the big season.
Also, we can go out and buy players - in the books, outgoing transfer fees are spread over the no. of years of the contract. You just need to sell some to pad the numbers, as my understanding is that incoming transfer fees are recognized entirely in that financial year (i.e. not spread out over a few years).
Really? We should put in a bid for Messi in that case.
CL is obviously important, but it's not going to allow us to go out and spend like we'd like. We will have a lot of work to do in the summer to get a squad capable of competing in the CL and in the league. And we won't have a lot of money to do it.
Lets say Chelsea are the only EPL team to make qtrs. What would they earn?
I agree but next year aren't Uefa going to offer a champions league place for the winners?
And from 2015 when the BT contract kicks in I believe the winners will get another €15m courtesy of Uefa.
Not bad if you get to the final and win it but I agree it won't half screw up your PL campaign playing on Thursdays and then on Sundays
BeinSport are supposedly very wealthy but their marketing budgets are miniscule, and what they pay in America is small time, according to sources. Doha is not funding it at all. The CL might change this, but I'm not a fan of BeIN.
They have the rights to the other 3 Euro Leagues (France, Spain Italy) in Canada, but because Canadian Broadcasters are playing hardball, they were sitting on the rights for a year and a half.. So Canadians have to go to the Pub to watch every game, I believe, until recently when a deal was done with some ethnic channel.
ESPN, FOX, NBC, and now Bein in the States. That's good news though for us all.
They have the rights to the other 3 Euro Leagues (France, Spain Italy) in Canada, but because Canadian Broadcasters are playing hardball, they were sitting on the rights for a year and a half.. So Canadians have to go to the Pub to watch every game, I believe, until recently when a deal was done with some ethnic channel.
ESPN, FOX, NBC, and now Bein in the States. That's good news though for us all.
Arsenal progressed to Round of 16 but received last from the market pool than Man City and Chelsea who failed to qualify from group stage. I guess previous season's league position might play a role too.
Judging from past records, QFinalists earn about €10m more in overall price money compared to those that lasted till Round of 16.
12/13
Round of 16
Arsenal 15,823,000 (11/12 position: 3rd)
Man Utd 19,455,000 (11/12 position: 2nd)
Group Stage
Man City 18,677,000 (11/12 position: 1st)
Chelsea 18,677,000 (11/12 position: 6th, CL winners)
I'm not an accountant, but seems there's good and bad in these accounts.
Operating profit is good, with the losses seemingly down to a net transfer fee loss & writing down of existing contracts - which might make it a "paper loss" - not sure.
There are real questions as to whether we are compliant with FFP.
That's quite sobering, if you consider all the chat about let's sell so and so bring in whatsisface. Means we still have to be very careful.
63% wage bill to turnover isn't bad - think we were at 80% a few years back.
Commercial revenue increase good.
Lot if work to be done there, but some things looking much better.
Operating profit is good, with the losses seemingly down to a net transfer fee loss & writing down of existing contracts - which might make it a "paper loss" - not sure.
There are real questions as to whether we are compliant with FFP.
That's quite sobering, if you consider all the chat about let's sell so and so bring in whatsisface. Means we still have to be very careful.
63% wage bill to turnover isn't bad - think we were at 80% a few years back.
Commercial revenue increase good.
Lot if work to be done there, but some things looking much better.
Losses are paper losses and include infrastructure debt repayments and investments. We are within the FFP and will be proven so after the audit when these things are accounted for. There is absolutely no danger of CL expulsion despite the sensationlist media reports.
I don't want to take this off topic but it hardly seems worth its own thread.
Why would Canadians have to go to the pub to watch the match? Surely they can subscribe to the same service the pub is?
Apologises if already posted:
Although Liverpool are unlikely to fall in line with [FFP] parameters, even after costs such as youth development, infrastructure, community projects and the wages of any player signed before July 2010 are offset against their losses, there is no possibility of them being subjected to any sanctions should they qualify for either the Champions League or Europa League.
Uefa is looking into the accounts of 76 clubs who could fall foul of FFP regulations, but the scrutiny applies only to those who have been involved in European competition this season, which Liverpool have not.
Second in the Barclays Premier League, Liverpool expect their situation to improve significantly by the time they deliver their next annual financial report. With an expected increase in television revenue of about £25 million and the proceeds from several lucrative commercial deals set to be included, club officials are increasingly confident of putting recent economic difficulties behind them.
http://bleacherreport.com/articles/...eplace-puyol-luis-suarez-wants-to-stay/page/4
Although Liverpool are unlikely to fall in line with [FFP] parameters, even after costs such as youth development, infrastructure, community projects and the wages of any player signed before July 2010 are offset against their losses, there is no possibility of them being subjected to any sanctions should they qualify for either the Champions League or Europa League.
Uefa is looking into the accounts of 76 clubs who could fall foul of FFP regulations, but the scrutiny applies only to those who have been involved in European competition this season, which Liverpool have not.
Second in the Barclays Premier League, Liverpool expect their situation to improve significantly by the time they deliver their next annual financial report. With an expected increase in television revenue of about £25 million and the proceeds from several lucrative commercial deals set to be included, club officials are increasingly confident of putting recent economic difficulties behind them.
http://bleacherreport.com/articles/...eplace-puyol-luis-suarez-wants-to-stay/page/4
That's a bit telling that, 76 clubs investigated. Not one or two, but 76. You'd suspect that most of the big ones would be in there, and you can guarantee city and chelski are.
We'll soon see how toothless the punishments are, and how well the highly paid accountants for the big clubs have managed to hide the issues and work the loopholes.
We'll soon see how toothless the punishments are, and how well the highly paid accountants for the big clubs have managed to hide the issues and work the loopholes.
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