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Football money league

Discussion in 'Economy/Finance stuff' started by Chaupham, Jun 23, 2012.

  1. Chaupham

    Chaupham Member MBA Family

    Mar 22, 2012
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    Queen's University
    Undergrad major:
    International Business
    MBA (intent) major/School:
    Msc Finance
    Hey folks,

    As far as I remember we discussed about accounting stuff like how we can valuate Messy and Ronaldo. This‘s so interesting that I have to check through to see how they make money in this market.

    So, here we go.

    How we do it
    We have used the figure for total revenue extracted from the annual financial statements of the company or group in respect of each club, or other direct sources, for the 2010/11 season. Revenue excludes player transfer fees, VAT and other sales related taxes. In a few cases we have made adjustments to total revenue figures to enable, in our view, a more meaningful comparison of the football business on a club by club basis. For instance, where information was available to us, significant non-football activities or capital transactions have been excluded from revenue. Each club’s financial information has been prepared on the basis of national accounting practice or International Financial Reporting Standards (“IFRS”). The financial results of some clubs have changed, or may in future change, due to the change in the basis of accounting practice. In some cases these changes may be significant. Based on the information made available to us in respect of each club, to the extent possible, we have split revenue into three categories – being revenue derived from match day, broadcast and commercial sources. Clubs are not wholly consistent with each other in the way they classify revenue. In some cases we have made reclassification adjustments to the disclosed figures to enable, in our view, a more meaningful comparison of the financial results .Match day revenue is largely derived from gate receipts (including season tickets and memberships). Broadcast revenue includes revenue from both domestic and international competitions. Commercial revenue includes sponsorship and merchandising revenues. For a more detailed analysis of the comparability of revenue generation between clubs, it would be necessary to obtain information not otherwise publicly available. Some differences between clubs, or over time, may arise due to different commercial arrangements and how the transactions are recorded in the financial statements, due to different financial reporting perimeters in respect of a club, and/or due to different ways in which accounting practice is applied such that the same type of transaction might be recorded in different ways.

    Deloitte has been publishing a series of football money league. You can follow the link:
    http://www.deloitte.com/assets/Dcom...yLeague 2012-uk-sbg-dfml-2012-final120209.pdf
    Last edited: Jun 23, 2012

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