nath_scfc
04-05-2007, 14:31
The Football League Championship Play-Off Final on 28 May will again represent the biggest financial prize in world football.
Paul Rawnsley, Director of the Sports Business Group at Deloitte, commented: "With seven Championship clubs still chasing a place in the Play-Offs, the final fixtures on Sunday promise drama and tension on the pitch, on the terraces and in the boardroom.”
“The financial prize for promotion to the Premiership will be around EUR88m (STG60m). Premiership football will provide Birmingham City, Sunderland and the third promoted club with at least EUR51.4m (STG35m) of additional revenue for the 2007/08 season. In addition, even if the club is relegated after one year in the top flight, parachute payments worth over EUR14.7m (STG10m) per season will be received for two more seasons.”
The main driver of this additional revenue comes from the Premier League's new domestic and overseas broadcasting deals which commence from 2007/08. The new deals will add a further EUR29.4m (STG20m) to the promotion prize fund compared to the EUR58.8m (STG40m) available to last season’s winners.
The main priority for all of the promoted clubs will be survival in the top division. To compete in the Premiership requires investment, not only in the football squad and management, but also in the underlying business.
Alex Byars, senior consultant in the Sports Business Group comments: “The immediate revenue boost can provide promoted clubs with the finances to bridge the gap between Championship and Premiership revenues. Excluding the biggest five or six clubs, most of the other Premiership clubs will be relatively evenly matched in financial terms in 2007/08. Carrying the winning mentality from the Championship, whilst raising the club’s operations to a Premiership level, is likely to determine whether or not the promoted clubs stay up.”
After the end of the season, the 16th edition of the Deloitte Annual Review of Football Finance will be published, providing analysis of football’s finances in England and around Europe.
Deloitte Article.
(http://www.deloitte.com/dtt/press_release/0,1014,sid%253D2765%2526cid%25 3D156065,00.html)
Phenomonal figures being banded there. I could have stuck this in the CCC thread but didn't on the basis that this could affect the gap between the Premiership and Championship immensely.
Think about it, Blues and Sunderland get about £60m - possibly more. Even if they get relegated the financial gap between those two and the third (prays) is going to be ridiculous.
This will no doubt, in my mind, be detrimental to the game, as I can only foresee a set of circumstances where yo-yo-ing is common place. Teams who don't go up this season or next are really going to be in the mire, of course excluding bizarre financial gains such as a takeover by a wealthy consortium or such like.
The beauty of the Championship was that any team can beat the other. Make the most of it lads, it might not be around for too long.
Paul Rawnsley, Director of the Sports Business Group at Deloitte, commented: "With seven Championship clubs still chasing a place in the Play-Offs, the final fixtures on Sunday promise drama and tension on the pitch, on the terraces and in the boardroom.”
“The financial prize for promotion to the Premiership will be around EUR88m (STG60m). Premiership football will provide Birmingham City, Sunderland and the third promoted club with at least EUR51.4m (STG35m) of additional revenue for the 2007/08 season. In addition, even if the club is relegated after one year in the top flight, parachute payments worth over EUR14.7m (STG10m) per season will be received for two more seasons.”
The main driver of this additional revenue comes from the Premier League's new domestic and overseas broadcasting deals which commence from 2007/08. The new deals will add a further EUR29.4m (STG20m) to the promotion prize fund compared to the EUR58.8m (STG40m) available to last season’s winners.
The main priority for all of the promoted clubs will be survival in the top division. To compete in the Premiership requires investment, not only in the football squad and management, but also in the underlying business.
Alex Byars, senior consultant in the Sports Business Group comments: “The immediate revenue boost can provide promoted clubs with the finances to bridge the gap between Championship and Premiership revenues. Excluding the biggest five or six clubs, most of the other Premiership clubs will be relatively evenly matched in financial terms in 2007/08. Carrying the winning mentality from the Championship, whilst raising the club’s operations to a Premiership level, is likely to determine whether or not the promoted clubs stay up.”
After the end of the season, the 16th edition of the Deloitte Annual Review of Football Finance will be published, providing analysis of football’s finances in England and around Europe.
Deloitte Article.
(http://www.deloitte.com/dtt/press_release/0,1014,sid%253D2765%2526cid%25 3D156065,00.html)
Phenomonal figures being banded there. I could have stuck this in the CCC thread but didn't on the basis that this could affect the gap between the Premiership and Championship immensely.
Think about it, Blues and Sunderland get about £60m - possibly more. Even if they get relegated the financial gap between those two and the third (prays) is going to be ridiculous.
This will no doubt, in my mind, be detrimental to the game, as I can only foresee a set of circumstances where yo-yo-ing is common place. Teams who don't go up this season or next are really going to be in the mire, of course excluding bizarre financial gains such as a takeover by a wealthy consortium or such like.
The beauty of the Championship was that any team can beat the other. Make the most of it lads, it might not be around for too long.