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Money, Money, Money

Money, Money, Money

The world of finance, when it comes to football, has always thrown up such astronomical figures that want you to wince at and walk away from when shown them.

But there`s no doubting they form a very intricate part of the structure of the modern game and can determine whether a club thrives or struggles to keep its head above water.

Some figures came to light yesterday that prove the point I`m trying to make, about how the figures make you wince at their enormity.

Take these that are printed in the tabloid press as examples:-

Our daily wage bill is £480,000

This equates to £44.2 million a year

Or £5.50 every second

On another tangent:-

Our profits rose 12% to £50.2 million

Commercial revenue accounts for a third of all revenue

Match Day revenue accounts to 31.8%

Whilst broadcasting accounts for 36%

I`ll leave you to work out what those relative percentages are with regards to that profit!



Click here to join in the debate on the club forum.

Writer:Red Boy
Date:Friday February 15 2013
Time: 4:16PM

Comments

0
Someone has got their sums wrong. £480k a day doesn't equate to £44.2million a year.
Bluedub
15/02/2013 16:40:00
0
To think those figures will increase with a successful campaign and the bigger tv deal.
TheFamousNo7
15/02/2013 22:26:00
0
well You lot and the others have signd the warrant for Fans to pay excessive prices next term, with that English Premier League's version of the FFPR, clubs have to break even or lose less than 100 million over 3 years...... so apart from tv, where else is the money coming from? so the excessive price 62 for a ticket will not be exception IT WILL be the norm..... Thanks from all the proper fans, and just to stop Sheikh Mansoor and city.....YCNMIU.
cityman51
17/02/2013 21:39:00
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