11/12 Premier League thread

Here's a relating article.


LONDON — Manchester United, Liverpool, Chelsea and Arsenal are responsible for about two thirds of a 3.1-billion-pound (C$5.5-billion) debt run up by England's Premier League clubs, according to an independent report released Thursday.

Business advisory firm Deloitte's annual report for the 2007-08 European season suggested that England's so-called "Big Four" clubs, which have all qualified for the lucrative Champions League the past four years, were 400 million pounds (C$708.7 million) further in debt than a year earlier.

Manchester United and Liverpool are hampered by debt and subsequent interest incurred during their takeovers by American owners. Chelsea is owned by Russian businessman Roman Abramovich and Arsenal borrowed heavily to build its Emirates Stadium.

Deloitte said none of the elite four were threatened by their debt, although efforts to trim it with increased revenue from a new broadcast agreement that came into force for the 2007-08 season were hampered by almost all the extra money going on players' salaries.

The report showed that Premier League clubs had received a total increase of 351 million pounds (C$621.7 million) in broadcast revenue over the past two years - and handed over 212 million pounds (C$375.4 million) of it in wages.

Salaries in the Premier League went up by a record 23 per cent to a total 1.2 billion pounds (C$2.12 billion) for the 2007-08 season, again making it by far the best-paying league in world football.

A big increase in revenue meant that, despite the British pound's depreciation, Premier League clubs were able to pay on average 27 million euros (C$42 million) more than Italy's Serie A clubs and 31 million euros (C$48 million) more than Spain's Primera Liga sides.

"Despite revenues having grown so strongly, improved profitability has remained stubbornly elusive," Dan Jones, a partner of Deloitte's Sports Business Group, said. "The fiercely competitive nature of the league has seen potential profits quickly competed away.

"For many owners, Premier League clubs represent trophy assets with the potential to deliver a long-term return, but which at best break even annually, rather than a cash cow delivering an ongoing dividend."

That is what Mike Ashley was hoping when he bought Newcastle two years ago, only to see the club's value diminish dramatically with relegation last month.

Despite the economic downturn, TV income helped push overall revenue for the Premier League clubs up 26 per cent to 1.93 billion pounds (C$3.42 billion).

Deloitte expects that clubs' reluctance to increase the price of match tickets for fear of alienating fans will slow the rise in revenue in next year's report.

Eleven of England's 20 Premier League clubs made an operating profit before tax, player transfers and other costs are taken into account.

That was three more than a year earlier, but still fewer than the Premier League's inaugural season in 1992-93 - when 15 of 22 clubs recorded an operating profit.

Tottenham had the lowest wages-to-revenue ratio at 46 per cent, with eventual champion Manchester United next at 47 per cent.

Chelsea and Wigan had the highest at 81 and 88 per cent respectively, with Chelsea paying a league-high total 172 million pounds (C$304.7 million) - 51 million pounds (C$90.3 million) more than Manchester United, which was the next highest payer.
 
Well the Premierleague claimed at 11 clubs are working out of debt, I don't exactly know who..

Villa are one of the clubs not in debt. Over the years, Doug Ellis kept our finances secure and ensured that we didnt fall off the edge. He kept the balance healthy and although fans moaned that he didnt give the managers spending money, he actually did.

Juan Pablo Angel - £9.5m
Stan Collymore - £7m
Paul Merson - £6.75m
Bosko Balaban - £5.8m
Olof Mellberg - £5m
George Boateng - £4.5m

Those come to mind. Now when Randy Lerner took over, it only gave us a boost and an injection of funds to our balance.
 
Portsmouth isn't in debt anymore, that's for sure. lol. Asshole with the rag on his head cleared the shit out with 1 swipe of his American Express Black.
 
Tevez has agreed to join Man City according to talksport.

if this is true, it means he would have been open to a move to liverpool but yet again we miss out on world class player.
 
did anyone see the la galaxy v ac milan match and beckham being confronted by the fan? lol. i want beckham to join milan again or come back to the premiership.
 
I have to give it up to those Americans though, didn't think they had it in em. lol especially the "23: Repent" banner. Not bad lol.
 
Villa are through to the peace cup semi-final:

Birmingham Post: It was with more than a hint of irony that Aston Villa finally prospered in the Peace Cup despite manager Martin O'Neill being sent from the field for warring with the Mexicans. O'Neill's dismissal towards the end of the first half seemed to have summed up another frustrating evening for Villa during the anti-climactic pre-season tournament. However, Marc Albrighton's equaliser cancelled out Curtis Davies' own-goal opener before second-half strikes by John Carew and Ashley Young completed a remarkable Villa victory.
 
Villa go through to the Peace Cup final to play either Real Madrid or Juventus!!

We beat FC Porto 2-1. Heskey and Sidwell getting the goals. Hulk pulled one back with a penalty after Reo-coker fouled in the box.

Heskey got sent off in the 69th minute.

also, i'm on the villa website:

Aston Villa | News | Latest News | Latest News | Live Text: VILLA 2-1 Porto

edit: Real and Juve in 5 minutes, so we play the winner of that match. :)
 
Update (but old news now):

Villa win the peace cup after beating Juventus. Ashley Young receiving the "Player of the Tournament" award.

We also beat Fiorentina yesterday. Delph had an excellent debut, Heskey getting the goal. Albrighton shining once again.
 

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