Discover and read the best of Twitter Threads about #scfc
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Stoke City made a £29m loss from day to day operations in 21/22, down from £46m the previous year but…. #SCFC 
…player sale profits reduced this by £10m. A loan from Bet365 of £120m that was never going to be repaid has been formally agreed as never going to be repaid
Stoke had over £50m in the bank at end of 21/22. Excluding the unusual stadium sale profits and debt write off the club has made operating losses over the years of £233 million.
Stoke City’s 2020/21 accounts covered a season when they finished 14th in the Championship under manager Michael O’Neill, one place better than the previous season, but the third year in a row they have finished in the bottom half of the table. Some thoughts follow #SCFC
#SCFC pre-tax loss narrowed from £88m to £10m, despite revenue falling £10m (19%) from £50m to £40m and profit on player sales decreasing £2m to £1m, as they made £33m profit on the sale of stadium and training ground. Operating expenses down £55m (39%). Loss after tax was £8m.
As a technical aside, these figures relate to Stoke City Holdings Ltd. The pre-tax loss in the football club was much higher at £43m, mainly because those accounts do not include the £33m profit from the sale of the stadium and training ground.
How about a thread of as many Joey Beauchamp OUFC goals as we can find in the depths of YouTube? Please chip in if you find any, but let's try as much as possible to keep them in order. And where else to start, but this, his first for #OUFC. #1
Here's number #2. No, not THAT one against Tranmere, but another earlier in the season. #oufc #joeybeauchamp
Number #3. I was at this game. But haven't seen it since. What a find in the depths of YouTube. Great strike from, er, Joey Bowchamp. #oufc
Stoke City’s 2019/20 financial results covered a season when they finished 15th in the Championship, two years after relegation from the Premier League. Manager Nathan Jones was replaced by Michael O’Neill in November 2019. Some thoughts in the following thread #SCFC
#SCFC pre-tax loss widened from £15m to £88m, as revenue dropped £21m (29%) from £71m to £50m and profit from player sales fell £15m (83%) from £18m to £3m. Total expenses increased £37m, mainly due to £43m impairment charge (reducing player values). Loss after tax was £86m.
The main reason for #SCFC £21m revenue reduction was broadcasting, which dropped £20m (39%) from £51m to £31m, mainly due to lower parachute payment, though match day also fell £1.6m (25%) from £6.4m to £4.8m. In contrast, commercial rose £0.9m (7%) from £12.9m to £13.8m.
#BristolCity 2019/20 financial results cover a season when they finished 12th in the Championship. Head coach Lee Johnson was replaced by Dean Holden in July 2020. Finances were impacted by COVID-19. Some thoughts in the following thread.
#BristolCity swung from £11m profit before tax to £10m loss, mainly due to profit on player sales falling £12m from £38m to £26m, while revenue dropped £3m (10%) from £30m to £27m and expenses rose £6m (10%) to £64m. After tax, £10m profit to £9m loss.
#BristolCity revenue decrease was mainly driven by commercial falling £2.3m (14%) to £13.9m, though match day also dropped £1.2m (21%) to £4.8m, as 5 games were played behind closed doors. On the other hand, broadcasting increased £0.5m (6%) to £8.6m.
I had a request to look at transfer spend in the Premier League, so I have analysed this over the last 5 years (up to 2018/19, the last season when all clubs have published their accounts). As a Christmas bonus, I have also included the EFL Championship.
A positive analysis (for once) of #SCFC goals against #LTFC this afternoon (a thread). Two goals and two examples of simple, yet effective positioning when attacking crosses/balls from wide areas. Also an example of why the 3-5-2 works...sometimes... (1/5) #Stoke #StokeCity
Why the 3-5-2 (occasionally) works. The absence of a winger and Campbell’s central starting position, draws in their FB and creates space in wide areas for Campbell to exploit (yellow circle). (2/5) #SCFC #StokeCity #Stoke
Steven Fletcher’s movement and Nick Powell’s positioning. Fletcher moves to the ball and Powell checks his run into the box to create space (yellow circle) for Fletcher. Fletcher then moves away to back post and blindside of defender. Excellent movement and anticipation! (3/5)
Chelsea offer a contract to Malang Sarr, likely going straight on loan to Germany. Deal not done yet but the Blues are the biggest club in for him with Leverkusen and Schalke having had talks. More on Chilwell, Silva, Haverts and friendlies here too: goal.com/en/news/chelse…
#CFC
#CFC
Marc Guehi is travelling to Swansea City tomorrow to complete his re-signing to join his loan club of last season. Good call. #CFC #SCFC
Chelsea set Emerson Palmieri asking price around £22m-£26m. Chilwell breakthrough came about three-weeks ago & he has been sounding out clubs in Italy ever since.
Inter still in the mix but nothing close: goal.com/en/news/chelse… #CFC
Inter still in the mix but nothing close: goal.com/en/news/chelse… #CFC
I had a couple of requests for new financial fact sheets for Stoke City and Hull City. To be clear, this is not new data, but a summarised presentation of old figures. The usual detailed analysis is available on my timeline #SCFC #HCAFC
Despite relegation, #SCFC cut loss from £30m to £15m, as revenue dropped £57m to £71m, but lower wages £38m and impairment £28m. Steep operating losses offset by high player sales. 2nd highest revenue and wages in Championship. Debt to owner up to £141m and transfer debt to £67m.
#HCAFC made profits in 5 of last 6 seasons, though fell from £24m to £3m in 2019, due to lower player sales. Lowest wages to turnover ratio in Championship of 51%. Repaid £50m of debt in last 3 years. Only £2m spent on players in 2019. 83% of revenue from TV (parachute payments).
Swansea City’s 2018/19 accounts covered a challenging season when they finished a respectable 10th in the Championship following relegation after 7 years in the Premier League. Manager Graham Potter left for #BHAFC in May ‘19, replaced by Steve Cooper. Some thoughts follow #Swans
#Swans loss before tax widened from £3.2m to £7.0m, as revenue almost halved following relegation from £127m to £68m, despite parachute payments, and profit on player sales fell £16m to £30m, largely offset by cutting costs by £72m. After tax, loss increased from £2.9m to £6.0m.
The main reason for #Swans £59m (46%) revenue reduction was broadcasting, which more than halved in the Championship from £105m to £52m, though commercial was also down £6m (45%) to £8m and match day fell £0.8m (11%) to £6.6m. Player loans up £1.7m to £2.0m.
Watching the #SCFC #QPR game back from yesterday and unsurprisingly, all of the back four have had an absolute shocker. Strap yourself in for some graphic content! There’s a lot of horrific defending to be analysed... (1/11)💀#stokecity #stoke #football #analysis
We start with the first #QPR goal. Things look good from here. Two banks of 4 and in a fairly decent shape. I’ve circled Smith but also look at Chester and BMI’s position in relation to Batth. Should give you a clue about what’s about to go down... (2/11)
Play develops and Smith is the free player. He has to block the pass behind the defence. It’s literally his only job here. His effort is weak. Chester and BMI are 5 yards behind Batth, allowing space for Hugill to move into. Butland not covered himself in glory either! (3/11)
Stoke Managers 🤔
We’ve tried a lot of different manager types over the last few years! Despite trying different methods, we’ve continually come unstuck.
Interesting to compare and contrast...
(A thread)
#stoke #scfc #stokecity #potters
We’ve tried a lot of different manager types over the last few years! Despite trying different methods, we’ve continually come unstuck.
Interesting to compare and contrast...
(A thread)
#stoke #scfc #stokecity #potters
Tony Pulis
Style: Direct, physical, wide attack, target man.
Personality: Transparent, hard working manager who expected the same from his team. Dished out discipline.
Downfall: Longevity of tenure lost players interest and fans belief in his style.
Success: ⭐️ ⭐️⭐️⭐️⭐️
Style: Direct, physical, wide attack, target man.
Personality: Transparent, hard working manager who expected the same from his team. Dished out discipline.
Downfall: Longevity of tenure lost players interest and fans belief in his style.
Success: ⭐️ ⭐️⭐️⭐️⭐️
Mark Hughes
Style: More flair play, two sitting CMs to allow fluid movement up top.
Personality: Closed off to the media, occasionally prickly, regularly fractious vs managers.
Downfall: Could not organise or purchase solid defenders. Repeated bad recruitment.
Success: ⭐️⭐️⭐️
Style: More flair play, two sitting CMs to allow fluid movement up top.
Personality: Closed off to the media, occasionally prickly, regularly fractious vs managers.
Downfall: Could not organise or purchase solid defenders. Repeated bad recruitment.
Success: ⭐️⭐️⭐️
Stoke City’s 2018/19 financial results covered a season when they finished 16th in the Championship following relegation after ten years in the Premier League, featuring two managers, first Gary Rowett, then Nathan Jones from January. Some thoughts in the following thread #SCFC
Despite relegation, #SCFC cut their pre-tax loss from £30m to £15m, even though revenue dropped £57m (45%) from £127m to £71m and profit on player sales fell £4m to £18m, as costs were down £75m, including £28m reduction in impairment (lowering value of players in the accounts).
The main reason for #SCFC £57m revenue reduction was broadcasting, which more or less halved in the Championship from £101m to £51m, despite parachute payments, though commercial was also down 30% (£6m) to £13m and gate receipts fell 17% (£1.3m) to £6.4m.
#BristolCity recently published their 2018/19 financial results, covering a season when they finished 8th in the Championship, their highest position for 11 seasons and just 4 points off a play-off position. Some thoughts in the following thread.
#BristolCity reported £11m profit before tax, a significant improvement on the prior season’s £25m loss, mainly thanks to profit on player sales surging from hardly anything in 2017/18 to £38m last season. Owner Steve Lansdown described the results as “a milestone” for the club.
#BristolCity revenue also rose by £4m (16%) from £26m to £30m, mainly due to commercial income increasing £4.6m (39%) to £16.1m, though broadcasting was also up £0.4m (5%) to £8.1m. On the other hand, match day income fell £0.7m (10%) to £6.0m.
Hull City’s 2018/19 financial results covered a season when they finished 13th in the Championship. Manager Ian Adkins resigned in June, replaced by Grant McCann. The owners, Assem and Ehab Allam, have been looking to sell the club for some time. Some thoughts follow #hcafc
#hcafc profit before tax decreased from £24m to £3m, mainly due to profit on player sales falling by £26m from £31m to £5m. Revenue was down £7m (13%) to £48m, because of lower parachute payments. Partly compensated by expenses being cut by £12m.
The main driver of #hcafc £7m revenue reduction was a £6m cut in parachute payments from the Premier League from £43m to £37m, but the other revenue streams also declined: match day was down £1.1m (15%) to £6.1m, while commercial was £0.6m (20%) lower at £2.3m.
A previous thread explained the differences between a football club’s profit and loss account and its cash flow statement, as it is important to understand where the money has been spent. This thread will look at how this works for each of the 20 Premier League clubs in 2017/18.
#AFC went from £52m operating profit to £42m operating loss, due to lower revenue after failing to qualify for the Champions League, compounded by higher wages and player amortisation plus Wenger pay-off. However, £120m profit on player sales resulted in £70m profit before tax.
#AFC cash flow boosted by favourable £58m movement in working capital (increase in creditors). Spent £29m (net) on players (purchases £110m, sales £81m). Paid £20m for Emirates loan (£11m interest & £9m debt) plus £12m tax. Net cash inflow of £51m was highest in Premier League.
One of the questions most frequently asked by football fans is “Where’s all the money gone?” The answer is only partly found in a club’s profit and loss account, so we need to also look at the cash flow statement to get the full picture. Some thoughts in the following thread.
A club’s profit and loss account is easy to understand, as it is basically revenue less expenses (mainly player wages), but this is an accounting profit based on the accruals concept, which can be very different from actual cash movements.
This is important, as the main reason that football clubs fail is cash flow problems. It does not matter how large your revenue is (or your profits are), if you do not have the cash to pay your players, suppliers or indeed the taxman, then you will find yourself in trouble.
Southampton’s 2017/18 financial results covered a season when they finished 17th in the Premier League and reached the FA Cup semi-finals, much worse than previous season (8th place in PL, competed in the Europa League and got to the EFL Cup final). Some thoughts follow #SaintsFC
Although #SaintsFC directors described the season as “disappointing”, they were “pleased to report another year of positive financial performance.” This was the first season under the ownership of Lander Sports (UK), controlled by Chinese businessman Jisheng Gao.
#SaintsFC pre-tax profit fell from £42m to £35m, as revenue dropped 16% (£30m) to £153m, due to the poor performance on the pitch, though this was largely offset by profit on player sales increasing by £27m to £69m. Profit after tax was down from £34m to £29m.
Liverpool’s 2017/18 financial results covered a season when they finished 4th in the Premier League and returned to European competition with a bang by reaching the Champions League final, where they were defeated by Real Madrid. Some thoughts in the following thread #LFC
#LFC profit before tax increased from £40m to £125m, as profit on player sales surged £86m to £124m and the impressive Champions League run helped drive revenue up £91m (25%) to a record £455m. Profit after tax improved from £39m to £106m.
All three #LFC revenue streams increased: broadcasting was a substantial £66m (43%) higher at £220m, due to Champions League participation; match day climbed £7m (10%) to £81m, while commercial rose £18m (13%) to £154m, also largely linked to European success.
Arsenal’s 2017/18 financial results covered a season when they finished 6th in the Premier League, while reaching the Europa League semi-finals. Manager Arsène Wenger was replaced by Unai Emery, while Stan Kroenke took full ownership. Some thoughts in the following thread #AFC
#AFC profit before tax increased from £45m to £70m, despite revenue falling £35m (8%) to £388m, mainly due to participating in Europa League rather than more lucrative Champions League, as profit on player sales surged £113m to £120m. Profit after tax improved from £35m to £57m.
All #AFC revenue streams decreased: broadcasting was £19m (9%) lower at £180m, mainly due to lower Europa League distributions; commercial dropped £10m (9%) to £107m; match day declined £1m (1%) to £99m; while player loans fell £5m to £2m.
Following my recent analyses of where Premier League and Championship clubs source their money and what they spend it on, I received many questions on how a cash flow statement works, so I will explain the mechanics (using Premier League season 2016/17) in the following thread.
Traditionally, supporters have focused on a club’s profit and loss account, which is not surprising, because: (a) that is what the media tend to report; (b) it is intuitively easy to understand, being basically revenue less expenses (mainly player wages).
Nevertheless, the reported figure is an accounting profit, which is not necessarily a “real” cash profit, as it is based on the accountant’s accruals concept and this can be very different from actual cash movements.
Chelsea’s 2017/18 financial results covered a season when they finished 5th in the Premier League, thus qualifying for the Europa League, and defeated #MUFC to win the FA Cup. Manager Antonio Conte replaced by Maurizio Sarri in July. Some thoughts in the following thread #CFC
#CFC profit before tax increased from £16m to £67m, as revenue rose by £82m (23%) to a record £433m, primarily due to the club’s return to European competition, and profit on player sales was up £44m to £113m. Profit after tax improved from £15m to £62m.
All #CFC revenue streams increased: broadcasting was £42m (26%) higher at £204m, due to Champions League; match day climbed £8m (13%) to £74m, largely for the same reason; while commercial rose £32m (24%) to £165m, mainly from the new Nike kit deal.
Stoke City recently published 2017/18 financial results, covering a season when they were relegated to the Championship after ten consecutive years in the Premier League and had two managerial departures (Mark Hughes and Paul Lambert). Some thoughts in the following thread #SCFC
#SCFC reported a £30m loss before tax, compared to a £5m profit the previous season. This was largely due to £29m impairment that reduced the value of some players in the accounts. Without this non-cash charge, Stoke’s loss would have been less than £1m.
#SCFC revenue dropped £9m (6%) from £136m to £127m, mainly due to TV income, which fell £8m (7%) to £101m, as payments are linked to league position. Commercial was also down £1m (7%) to £19m, but gate receipts rose £0.5m (8%) to £7.7m. Profit on player sales up £19m to £22m.
