Swiss Ramble @SwissRamble
Brit blogging from Switzerland, usually about the business of football. swissramble.substack.com Zurich, Switzerland Joined October 2009-
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And here’s the excellent @murkagedave at Mascotte in Zürich tonight. All the way from London town 👍
The brilliant @YardActBand burning down the house in a freezing Zürich tonight 👊
Review of Brighton and Hove Albion's financial results for the 2022/23 season, when pre-tax profit surged from £24m to a very impressive £133m. Revenue increased by £30m (17%) from £174m to £204m, while profit from player sales just about doubled from £62m to £121m #BHAFC
Much more detail in today's blog, including a look at the extensive financial support from Brighton's owner Tony Bloom, money earned in this season's Europa League campaign and how much the club has outperformed its wages and squad cost #BHAFC swissramble.substack.com/p/brighton-and…
#BHAFC figures boosted by £121m profit from player sales, so they have made £184m in the last two years. There will be another huge gain this season after the sales of Moises Caicédo and Robert Sanchez to Chelsea.
#BHAFC wage bill increased by £13m (11%) from £115m to £128m, another club high, though still one of the lowest in the Premier League.
#BHAFC set a new club record for revenue, breaking through the £200m barrier for the first time.
#BHAFC £133m pre-tax profit was easily the best in last season’s Premier League, ahead of Manchester City's £80m. In contrast, half of the clubs in the top flight lost more than £50m.
The Bundesliga truly is a Pharma's League.
Review of Chelsea's financial results for the 2022/23 season, when their pre-tax loss reduced from £121m to £90m, mainly thanks to over £100m of once-off specials (£77m from sale of hotels to another group company, £31m other operating income) #CFC
Much more detail in the blog, including a look at the enormous transfer spend, impact of not qualifying for Europe, unwanted record for losses, why wages are not quite as bad as they seem, importance of player sales and, yes, Chelsea's PSR position #CFC swissramble.substack.com/p/chelsea-fina…
However, this was more than offset by big increases in both wages and player amortisation following the massive investment in the squad since the arrival of the consortium led by Todd Boehly and Clearlake Capital #CFC
Revenue rose by £31m (6%) from £481m to a club record £512m, breaking through the half billion pound barrier for the first time. New highs were established for both commercial and match day income #CFC
Chelsea have now lost money in four of the last five years, adding up to a hefty £434m, including three losses over £100m in this period #CFC
arseblog @arseblog
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273K Followers 198 Following 10 TRACKS TO ECHO IN THE DARK. THE NEW ALBUM. OUT NOW.Review of Brighton and Hove Albion's financial results for the 2022/23 season, when pre-tax profit surged from £24m to a very impressive £133m. Revenue increased by £30m (17%) from £174m to £204m, while profit from player sales just about doubled from £62m to £121m #BHAFC
This was madness… “The coach tried to drench me, Edmond Tapsoba tried to drench me. I’ve come here to hide!” A jubilant Jeremie Frimpong joined me / leaned on me as he celebrated Bayer Leverkusen’s first ever title. @ESPNFC
Review of Chelsea's financial results for the 2022/23 season, when their pre-tax loss reduced from £121m to £90m, mainly thanks to over £100m of once-off specials (£77m from sale of hotels to another group company, £31m other operating income) #CFC
@SwissRamble @thetimes @TimesSport @SportSJA @WeAreTheFSA That’s so kind, Swiss. Especially coming from you. Your work is the gold standard.
Review of Leicester City's financial results for the 2022/23 season, when they lost around £90m for the second year in a row #LCFC
Review of Tottenham Hotspur's financial results for the 2022/23 season, when their pre-tax loss increased by more than 50% from £61m to £95m, despite revenue rising £107m (24%) from £443m to a club record £550m #THFC
Arsenal by far the best team seen at the Amex this season and probably the last one too. Bigger, stronger, faster. No complaints about result. #BHAARS
Review of Bournemouth's financial results for the 2022/23 season, when they swung from a £56m pre-tax loss to a £44m profit, an improvement of exactly £100m in the bottom line, following promotion to the Premier League #AFCB
Review of Cardiff City's financial results for the 2022/23 season, when they more than halved their pre-tax loss from £26.6m to £11.4m #CardiffCity
Review of Southampton's financial results for the 2022/23 relegation season, when the club's pre-tax loss shot up from £15m to £87m #SaintsFC
The long fight to get Barnet FC back to Barnet is not won yet, but it is closer than ever before. A piece on the importance of community and postcodes and why a football club can only truly be its best self when it is in its proper home. inews.co.uk/sport/football…
An explanation of how the new format for UEFA competitions will work from next season, including an explanation of the revenue distribution.
Deep dive into Nottingham Forest's points deduction for breaching the Premier League's Profitability and Sustainability Regulations (PSR). How fair was this Financial Fair Play decision? #NFFC
A review of Coventry City's financial results for 2022/23, when they narrowly missed out on promotion to the Premier League, after losing the play-off final to Luton Town on penalties #PUSB
Review of Manchester United's financial results for the first half of this season (2023/24), when their pre-tax loss narrowed from £25m to just £6m. #MUFC made a decent £29m operating profit (including player sales), but this was completely wiped out by £35m interest.
After the Premier League confirmed that it would adopt a form of squad cost control similar to the UEFA model, replacing the existing Profitability and Sustainability Regulations (PSR), I have taken a look at what this might mean to PL clubs, based on their latest financials.
Review of Liverpool's financial results for the 2022/23 season, when they swung from a £7m pre-tax profit to a £9m loss, as revenue was static at £594m, but operating expenses rose £20m (3%) to £632m #LFC
Review of Aston Villa's financial results for the 2022/23 season, when they swung from a small pre-tax profit of £0.4m to a massive £120m loss, which means that they have lost £326m in the five years since the current owners bought the club #AVFC
Thought I would share my favourite verbal crossfire on radio: Don Revie : “You criticise my teams and tactics , but how many caps did you win, Brian? Esteemed writer Brian Glanville: “Don, you don’t need to be a murderer to play Macbeth”