Chelsea are in a race against time to keep up with Manchester United and Arsenal on matchdays Having scoured the locality for an appropriate site on which to build a new stadium Chelsea have now apparently decided they must look for a solution within the confines of the existing ground footprint. Whether it’s the right location or optimal site or even cost effective is in some ways irrelevant; the club thinks it’s [...]
As Manchester United projects falling profits, will its big spending on players restore its fortunes? Trevor Birch, a partner at BDO and former chief executive of Chelsea Football Club, says Yes. The club is a commercial phenomenon in footballing terms. It’s just reported annual revenues of £430m, increasing commercial revenues by £135m since 2007. It generates astonishing positive cashflow and, as a self-financing business model, continues to be almost untouchable [...]
Manchester United is a commercial phenomenon – and will remain so Manchester United FC is a commercial phenomenon in footballing terms. It has just reported annual revenues of £430m and increased commercial revenues by £135m since 2007 – a staggering achievement. It generates astonishing positive cashflow and, as a self-financing business model, remains almost untouchable in the football industry, certainly in the UK. Where the club has [...]
How Manchester United and Chelsea showed loaning is the new buying for Premier League clubs September 10, 2014 So the window has slammed shut on the latest football transfer extravaganza. Well perhaps not so much slamming, more flapping shut with the deals that seemed to conclude after the deadline had passed. How do we all feel? I think we’re left with a sense of shock, amazement and bewilderment at the sheer [...]
