Substack: https://spgoals.substack.com
- Broadcasting growth has slumped, “Netflix of football” can transform economics for EPL and fans long term.
- Without a “Netflix of football”, new commercial deal structures will be required.
- Matchday revs, the next driver of growth.
bit.ly/4pM3cOX
bit.ly/4pM3cOX
Ex. Player trading losses are £80-100mn/yr. Cash flow supported by debt and just £25mn of infrastructure investment.
Could #wwfc value drop 85% with relegation?
Subscribe here 👉 bit.ly/4awcs5k
Ex. Player trading losses are £80-100mn/yr. Cash flow supported by debt and just £25mn of infrastructure investment.
Could #wwfc value drop 85% with relegation?
Subscribe here 👉 bit.ly/4awcs5k
- SCR/ SSR etc etc
- Whether it changes much for #MUFC
- How it might impact rivals.
What are the implications for United’s rebuild?
We break it all down on the latest United, Inc. @spgoals7.bsky.social
📺 buff.ly/PUUvcOT
🔊 buff.ly/hCSVgoV
- SCR/ SSR etc etc
- Whether it changes much for #MUFC
- How it might impact rivals.
🏦 True cost of rebuilding United
🧮 Finances and PSR
🤨 Opportunity costs from a year of learning
⏳The next two years
🧱 What foundations Wilcox still needs to tweak
🎧 buff.ly/jlpRb2n
📺 buff.ly/eo996Im
🏦 True cost of rebuilding United
🧮 Finances and PSR
🤨 Opportunity costs from a year of learning
⏳The next two years
🧱 What foundations Wilcox still needs to tweak
'24/25 revenue was €978.3mn. But excluding player sales it grew 15% to €877mn.
Winning the Bundesliga and Club World Cup prize money were major drivers alongside merchandise and sponsorships.
EBITDA grew 11% also due to minor wage bill decrease.
'24/25 revenue was €978.3mn. But excluding player sales it grew 15% to €877mn.
Winning the Bundesliga and Club World Cup prize money were major drivers alongside merchandise and sponsorships.
EBITDA grew 11% also due to minor wage bill decrease.
bit.ly/3WUwheZ
#MUFC need 10 players over two years. Squad backbone is 30+ (played 68% of available mins). Up to £500mn gross cost, current cash flows leave them c.£150mn short. No longer forced sellers, but timing sales critical to maintain momentum.
bit.ly/3WUwheZ
#MUFC need 10 players over two years. Squad backbone is 30+ (played 68% of available mins). Up to £500mn gross cost, current cash flows leave them c.£150mn short. No longer forced sellers, but timing sales critical to maintain momentum.
But that's only €70mn more than #MUFC and has the #UCL win and some CWC money in (c.€60mn+ boost).
Meaning other rev was down, some from Ligue 1 TV money but not spectacular.
www.psg.fr/content/le-p...
But that's only €70mn more than #MUFC and has the #UCL win and some CWC money in (c.€60mn+ boost).
Meaning other rev was down, some from Ligue 1 TV money but not spectacular.
www.psg.fr/content/le-p...
Barcelona have fetched €100mn for 475 lifetime paid licenses (€210k avg price) in their renovated VIP seats in the new Camp Nou…#MUFC taking note as they look to finance a new Old Trafford (see alternative options below).
substack.com/@spgoals7/no...
Barcelona have fetched €100mn for 475 lifetime paid licenses (€210k avg price) in their renovated VIP seats in the new Camp Nou…#MUFC taking note as they look to finance a new Old Trafford (see alternative options below).
substack.com/@spgoals7/no...
bit.ly/47hP9sQ
📜 #EPL & #EFL players have the same standard contract.
💰 Top players get a decent deal. For the rest, clubs get the full economic control of a player without paying for it.
📈 Players need to learn their full lifetime potential to mitigate risk.
#PFA
bit.ly/47hP9sQ
📜 #EPL & #EFL players have the same standard contract.
💰 Top players get a decent deal. For the rest, clubs get the full economic control of a player without paying for it.
📈 Players need to learn their full lifetime potential to mitigate risk.
#PFA
💰Actual meaning of potential investor interest
🏟️ Paying for a right to buy a Season Ticket in New Old Trafford
⚽️The academy is all bad…?
✒️Pros and cons of Maguire contract renewal
🏆Latest Champions League win for the Reds
🎧 buff.ly/Ajwzbr7
📺 buff.ly/tpm99nK
💰Actual meaning of potential investor interest
🏟️ Paying for a right to buy a Season Ticket in New Old Trafford
⚽️The academy is all bad…?
✒️Pros and cons of Maguire contract renewal
🏆Latest Champions League win for the Reds
£80mn non-transfer receivables increase gives ability to spend on players going forward.
Risks aplenty, Men’s first team needs to improve to realise this planning.
If it doesn’t work it strengthens INEOS’ hand.
Full report: bit.ly/47UEmqy
£80mn non-transfer receivables increase gives ability to spend on players going forward.
Risks aplenty, Men’s first team needs to improve to realise this planning.
If it doesn’t work it strengthens INEOS’ hand.
Full report: bit.ly/47UEmqy
📊Why is rev guidance so high
📈How is profit (EBITDA) growing again next year
🧮United’s financials now fixed?
🤔Implications for Amorim
💰Rev not falling that much, profit growing, Men’s 1st team wage bill cut, where's the rest of the money going?
🎧 buff.ly/89u1wnV
📺 buff.ly/reJTjU2
📊Why is rev guidance so high
📈How is profit (EBITDA) growing again next year
🧮United’s financials now fixed?
🤔Implications for Amorim
💰Rev not falling that much, profit growing, Men’s 1st team wage bill cut, where's the rest of the money going?
Full report: bit.ly/42sY216
Full report: bit.ly/42sY216
Report: bit.ly/3JKfpUD
Report: bit.ly/3JKfpUD
· #MUFC: transfer market economics, pot. a decent job?
· Liverpool: did they really ace it?
· Arsenal: a squeeze finally coming if no trophies this season?
· Chelsea: how are they doing it?
· #NUFC: have they just done a Spurs post Bale?
🔊buff.ly/aNG5kBC
📺 buff.ly/keuEZ2n
Report: bit.ly/47oiGTy
Report: bit.ly/47oiGTy
Report: bit.ly/3JKR9BM
Report: bit.ly/3JKR9BM
But a high squad cost ratio (c.87%) still needs work. More big sales likely needed to make up the shortfall.
Full report: bit.ly/45V0Wgh
But a high squad cost ratio (c.87%) still needs work. More big sales likely needed to make up the shortfall.
Full report: bit.ly/45V0Wgh
- Preview of the last few weeks of the window.
- Sponsorship deals
- New stadium funding methods
- Drag along rights
🔊 buff.ly/66Y8QPt
📺 buff.ly/zLySvuU
- Preview of the last few weeks of the window.
- Sponsorship deals
- New stadium funding methods
- Drag along rights
bit.ly/47bp1BN
I see a world where the Club can fund a stadium and increase the no. of tickets for regular matchgoers, allow them to partially fund and guide stadium development and leverage lucrative Hospitality seats
bit.ly/47bp1BN
I see a world where the Club can fund a stadium and increase the no. of tickets for regular matchgoers, allow them to partially fund and guide stadium development and leverage lucrative Hospitality seats
- How did #MUFC fund the Sesko deal?
- Is a move for Baleba possible?
- Are there hidden costs to signing Baleba?
🔊 buff.ly/VBx2hGF
📺 buff.ly/Qr3JRnX
- How did #MUFC fund the Sesko deal?
- Is a move for Baleba possible?
- Are there hidden costs to signing Baleba?
bit.ly/4fwicwA
#CFC have freed up £55mn UCL List A headroom but need another £32.5mn to register new signings. Garnacho means they probably need £50n
Nkunku+Jackson is c.£43mn of that. But thereafter we may see some unhappy players.
bit.ly/4fwicwA
#CFC have freed up £55mn UCL List A headroom but need another £32.5mn to register new signings. Garnacho means they probably need £50n
Nkunku+Jackson is c.£43mn of that. But thereafter we may see some unhappy players.
Potentially improving environment for debt, (impo for #MUFC). Quick substack on what this means 👉 bit.ly/4nEx7sn
www.fcbarcelona.com/en/news/4297...
Potentially improving environment for debt, (impo for #MUFC). Quick substack on what this means 👉 bit.ly/4nEx7sn
www.fcbarcelona.com/en/news/4297...
- some context on cash and why sell to buy might now be the order of the day.
- why are transfers taking so long.
- is there upside from a tricky window to navigate.
- other things to keep an eye on.
📺 buff.ly/BffaHXD
🔊 buff.ly/hen9EXq
- some context on cash and why sell to buy might now be the order of the day.
- why are transfers taking so long.
- is there upside from a tricky window to navigate.
- other things to keep an eye on.