UEFA release TV money numbers. This is why Champions League is so necessary to be able to compete.
It will be interesting to see how the club structures it's finances if we DO qualify for the Champions League. I mean, that extra potential £100m would be great, and I'd love to see us invest it in the team, but obviously you can't rely on it definitely being there every year. The key appears to be building a commercial bohemoth off the pitch, so that if you don't qualify in any given year, it's not immediately panic stations.
If these rumours are even close to being true, it would make no sense us spending £12m or so on Nedeljkovic and Rogers, neither of which were essential in January.
Quote from: Smithy on February 19, 2024, 10:39:37 AMIt will be interesting to see how the club structures it's finances if we DO qualify for the Champions League. I mean, that extra potential £100m would be great, and I'd love to see us invest it in the team, but obviously you can't rely on it definitely being there every year. The key appears to be building a commercial bohemoth off the pitch, so that if you don't qualify in any given year, it's not immediately panic stations.I suppose it’s a bit chicken and egg though as you can’t get the Commercial behemoth bit without the champions League bit.
Quote from: AV82EC on February 19, 2024, 10:43:19 AMQuote from: Smithy on February 19, 2024, 10:39:37 AMIt will be interesting to see how the club structures it's finances if we DO qualify for the Champions League. I mean, that extra potential £100m would be great, and I'd love to see us invest it in the team, but obviously you can't rely on it definitely being there every year. The key appears to be building a commercial bohemoth off the pitch, so that if you don't qualify in any given year, it's not immediately panic stations.I suppose it’s a bit chicken and egg though as you can’t get the Commercial behemoth bit without the champions League bit. Sorry, yes, that's what I meant. I mean, rather than blowing the anticipated £100m on a couple of new players in the summer (which would be amazing), do we play it a bit more reserved and focus on building a commercial operation to maximise the benefits of any participation in the champions league.I'm also acutely aware the two are not mutually exclusive. We can do both. But I look at someone like Leicester, who went from a Champions League QF to relegation in just 6 years, after losing a wealthy owner, all because their commercial operation wasn't sufficient to sustain a competitive team.I look at the premier league in the late 90s, and commercially we weren't far behind the likes of Arsenal, Liverpool and Chelsea, and yes, the game has changed massively in the last 25 years, but they're not ahead of us now because of Champions League money or Premier League money - they're ahead of us because they've absolutely maximised the money they make away from the pitch. That's the bit that will determine whether we can stay at the top table for the long term. Because if we can't make a serious dent in their commercial advantage, we'll always be susceptible to losing our best players to them time and again. A new shirt deal and a new main sponsor would be a good step in the right direction.An extra £100m from the Champions league would be a amazing, but our long-term success relies much more heavily on whether we can find a way to make an extra £100m a year away from the pitch.The romantic in me doesn't care about the finances, and just wants to see us playing Champions league football at VP under the lights, but the realist in me knows so much else has to happen in the background to make such a thing a regular occurrence. Merely qualifying once doesn't create sufficient momentum on it's own. As Newcastle have proven this season.
It comes back to the debate about the stadium. A new North Stand may not put a massive dent in the income gap, but if we don't do it, how do we compete consistently if the plan is to build a new ground, as that's going to mean an 8-10 year wait with a bottom half sized stadium, with severely outdated facilities.