Accounts Show Reduced Loss

[Dave Cooper please]

Sooner or later a "big" club will go under, I'd rather it isn't us.

[Rudy Can't Fail]

Isn't a champions league place (in the groups) worth about £50m, I'm sure that's the figure (or near enough) that was going around when it became clear Man U weren't going to qualify last year.

Not even close -

The 32 clubs featuring in the 2014/15 UEFA Champions League group stage can anticipate a minimum €8.6m. The side that eventually wins the UEFA Champions League title this term could collect €37.4m, not counting the market pool share.

Each of the 32 teams involved in the group stage will collect a base fee of €8.6m. Performance bonuses will also see €1m paid for a win and €500,000 for a draw in the group phase. The sides competing in the round of 16 can also expect to receive €3.5m each, the eight quarter-finalists €3.9m and the four semi-finalists €4.9m. The UEFA Champions League winners will pick up €10.5m and the runners-up €6.5m.

which makes it even worse !

Not really. Finishing 4th and with MON as manager, we'd never have got through the qualifying stages to the group stage.

[myf]

To the cleverer finance people than me. Random questions. Are we capable of dealing with relegation? Would it ruin us? Anyone know of relegation clauses in contracts? Thanks in advance.

With the huge year 1 parachute payment , if we came straight back it wouldn't be terminal damage. Although the big names like benteke and Delph etc will have release clauses I'm sure

Is it only 1 yr? I thought blues got about 2/3 yrs of payments. Hence why they're in trouble now

[PeterWithesShin]

To the cleverer finance people than me. Random questions. Are we capable of dealing with relegation? Would it ruin us? Anyone know of relegation clauses in contracts? Thanks in advance.

With the huge year 1 parachute payment , if we came straight back it wouldn't be terminal damage. Although the big names like benteke and Delph etc will have release clauses I'm sure

Is it only 1 yr? I thought blues got about 2/3 yrs of payments. Hence why they're in trouble now

4 years. The current deal is season 1 £15m, season 2 £17m and £8m for seasons 3 and 4.

[AV82EC]

To the cleverer finance people than me. Random questions. Are we capable of dealing with relegation? Would it ruin us? Anyone know of relegation clauses in contracts? Thanks in advance.

With the huge year 1 parachute payment , if we came straight back it wouldn't be terminal damage. Although the big names like benteke and Delph etc will have release clauses I'm sure

Is it only 1 yr? I thought blues got about 2/3 yrs of payments. Hence why they're in trouble now

There is no 1 year payment. The current payment of about £63m is spread over 4 seasons though there is talk when the new £5bn deal comes in this will be increased but only spread over 3 seasons.

[PeterWithesShin]

Or maybe it's higher than my number as there may have been another TV deal since then (not the new one recently announced) so assume the parachute payments went up.

[AV82EC]

Or maybe it's higher than my number as there may have been another TV deal since then (not the new one recently announced) so assume the parachute payments went up.

Yep it was increased in the deal we're in now I think.

[PeterWithesShin]

If a club gets relegated and during the first couple of years a new TV deal comes into play, I wonder if the parachute payments stay the same for the club/s already relegated. As in, do they still only get the old deal payments for their 4 years or do they get the new ones, even if they've already been down for 2 years?

[Dave]

If a club gets relegated and during the first couple of years a new TV deal comes into play, I wonder if the parachute payments stay the same for the club/s already relegated. As in, do they still only get the old deal payments for their 4 years or do they get the new ones, even if they've already been down for 2 years?

My guess would be the former. They'd be written in as fixed sums so that the clubs can plan for those years accordingly rather than having to second-guess what they might get (higher or lower) when a new TV deal comes in.

[paul_e]

Isn't a champions league place (in the groups) worth about £50m, I'm sure that's the figure (or near enough) that was going around when it became clear Man U weren't going to qualify last year.

Not even close -

The 32 clubs featuring in the 2014/15 UEFA Champions League group stage can anticipate a minimum €8.6m. The side that eventually wins the UEFA Champions League title this term could collect €37.4m, not counting the market pool share.

Each of the 32 teams involved in the group stage will collect a base fee of €8.6m. Performance bonuses will also see €1m paid for a win and €500,000 for a draw in the group phase. The sides competing in the round of 16 can also expect to receive €3.5m each, the eight quarter-finalists €3.9m and the four semi-finalists €4.9m. The UEFA Champions League winners will pick up €10.5m and the runners-up €6.5m.

which makes it even worse !

Not really, because that's only accounting for the prize money, which is only part of the 'package'; merchandising, tickets, improved sponsorship deals all add to it and I'm not sure if those numbers even include TV revenue, if not that's probably a fair bit on top.

21/32 clubs earned over £20m in 2012/13 in the Champions league, that's not including any extra gate revenues, matchday sponsorship and other matchday income, plus the extra exposure. It's worth a lot more than the post below because the market pool share is some big money.

Sounds about right, I'd bet all the English clubs are safely in that 21 and would be even if they completely bombed out of their group.

[silhillvilla]

I wonder if we'd actually scraped into the CL under MON one season our finances could of been even worse.
We'd probably have blown another £100m on Aidan mcgeady and 1 or 2 others , not made the group strages etc .
All hypothetical I know but MON was on a course that would have taken us fully under.

[Dante Lavelli]

Isn't a champions league place (in the groups) worth about £50m, I'm sure that's the figure (or near enough) that was going around when it became clear Man U weren't going to qualify last year.

Not even close -

The 32 clubs featuring in the 2014/15 UEFA Champions League group stage can anticipate a minimum €8.6m. The side that eventually wins the UEFA Champions League title this term could collect €37.4m, not counting the market pool share.

Each of the 32 teams involved in the group stage will collect a base fee of €8.6m. Performance bonuses will also see €1m paid for a win and €500,000 for a draw in the group phase. The sides competing in the round of 16 can also expect to receive €3.5m each, the eight quarter-finalists €3.9m and the four semi-finalists €4.9m. The UEFA Champions League winners will pick up €10.5m and the runners-up €6.5m.

Do those numbers include the TV money?  I suspect not.

[Louzie0]

I don't know if it's the thespian tendency in me coming out but every time I read the title of this thread, I see:

ACCOUNTS SHOW!...Reduced Loss!!!

[Villa in Denmark]

Sooner or later a "big" club will go under, I'd rather it isn't us.

Do Parma in Italy count?

[silhillvilla]

Isn't a champions league place (in the groups) worth about £50m, I'm sure that's the figure (or near enough) that was going around when it became clear Man U weren't going to qualify last year.

Not even close -

The 32 clubs featuring in the 2014/15 UEFA Champions League group stage can anticipate a minimum €8.6m. The side that eventually wins the UEFA Champions League title this term could collect €37.4m, not counting the market pool share.

Each of the 32 teams involved in the group stage will collect a base fee of €8.6m. Performance bonuses will also see €1m paid for a win and €500,000 for a draw in the group phase. The sides competing in the round of 16 can also expect to receive €3.5m each, the eight quarter-finalists €3.9m and the four semi-finalists €4.9m. The UEFA Champions League winners will pick up €10.5m and the runners-up €6.5m.

Do those numbers include the TV money?  I suspect not.

Think so yes. Uefa control the TV money not the clubs individually .