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Silk from financial sow’s ear

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World Soccer Magazine published a fascinating table at the bottom of an article on the respective financial might of Chelsea and Manchester City yesterday, detailing player spend and sales for current English Premier League clubs over the last 10 seasons.

Liverpool have an average net spend of £18.1m as they chase former glories while Manchester United, who stole Liverpool’s place at the top of the English pile, had only a marginally higher net spend of £18.6m.

Fifth on the list is Aston Villa, largely on the back of an attempt to take over the world during Martin O’Neill’s reign, spending a net average of £11.1m.

Most fascinating of all is that 11 of the 20 have a net average spend of less than £4m per season.  They spend big, but apart from the odd team spending some foreign country’s mineral wealth, they also sell big.

Bottom of the table of net biggest spenders in Everton, who sold £7.8m of talent more than they bought during the period.  Newcastle United are also in a surplus, thanks in part to their recently departed director of football, Joe Kinnear, who completed his service without spending a penny.

Crystal Palace clearly have an eye for a bargain.  They successfully negotiated a return to the Premier League, and then bought Joe Ledley as his Celtic contract ran down, with an average net spend of £722k.

The Silk from a Sow’s Ear prize has to go to Arsenal.  The last decade has not been generous to Arsenal, however, their average net spend is only £1.5m per season having sold £277m worth of talent.  Their business model is not right, i.e. they have not been able to compete with those who don’t seem to care if they break even, but they, more than any other club in Europe*, are primed for the Financial Fair Play era.

*apart from Celtic, of course.
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  1. BIG-CUP-WINNERS on

    southside

     

     

    Bin the monarchy ?

     

     

    Billy Bhoy are they doing that, sounds like a good idea ?

  2. eddieinkirkmichael on

    tommytwiststommyturns

     

     

    13:00 on

     

     

    The safety cert issue is one that should worry the bears, I have tried to get information on this from GCC to no avail. They have blanked my requests for info under freedom of Information as they say my requests have been made to the wrong department, but have so far refused to give details on which department.

  3. BIG-CUP-WINNERS on

    eddieinkirkmichael

     

     

    Yip the stuff falling on the Deady Bears at the recent game was alarming.

  4. thomthethim for oscar ok

     

     

    13:08 on 4 February, 2014

     

     

    Maybe they’re going to do a Tony Blair.

     

    That definately would send the govanites over the edge.

     

    Be some laugh though.

  5. squire danaher on

    Los bhoy

     

     

    Champions League teams from the nations you refer to DO NOT get more co-efficient points for winning a game than teams from diddy nations

     

     

    They get bigger points from their national coefficient which is based on the combined efforts of the country’s teams and national team

     

     

    What IS wrong is that teams get the same coefficient for winning a game in the Europa League as the CL

     

     

    Eg celtic would have done better coming 3rd in CL section last year and wining a couple of ties in last 32/16 of the EL than a bonus point for qualifying out the CL group

  6. southside

     

    All in good time. Independence first then details like the royals and the £ can be sorted at a later date.

  7. Hamiltontim is praying for Oscar on

    As yet I’ve still to do my research on the YES/NO vote so would very much be considered ‘undecided’.

     

     

    What I struggle to comprehend though is how independent will Scotland be with Mrs Mountbatten still the head of state, interest rates set by the Bank of England and a the existing currency remaining intact.

     

     

    Isn’t this simply devolution under another name?!

  8. the long wait is over on

    I don’t have the time or the tools to do this but it would be interesting to see what the bottom dozen or so clubs’ net spend is as a % of their turnover.

     

     

    Sound like it would be pretty small.

     

     

    An equivalent net spend but us might , I’d guess , stand comparison , even allowing for the last few years bigger sales of the likes of Aiden and Victor Wanyama.

  9. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    JOE FILIPPIS HAIRCUT. 1309

     

     

    That’s pretty much the point I was making,that the No campaign have become complacent.

     

     

    It is a genuine worry. As is that the agenda seems to have shifted away from an economic one,which is where I think they are strongest.

     

     

    Take yesterday’s announcement about binning the bedroom tax,for example. Brilliant piece of work,blindsided the opposition,and who in their right mind would argue that it should be retained?

     

     

    My concern is that a raft of proposals are being made-most like the above correctly-but little attention is being focused on our ability to pay for them while still managing to do the basics.

     

     

    And with such a highly benefit-dependent population-and I know who I blame for that!-costing should be a priority.

  10. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    MICKTT

     

     

    As I work nights,this is my leisure time. A pint or erm two,mag and CQN.

     

     

    Works for me. What’s your excuse?

  11. Phyllis Dietrichson on

    squire d – couldn’t agree more.

     

     

    Benfica are a good example – I believe they deliberately target 3rd place in their Champs League group (3 times in the last 4 years) to qualify for the Europa Leage then do well in that.

     

     

    The result is that they keep racking up the co-efficient points to the extent that they are now a Pot 1 team/

  12. squire danaher

     

     

    Thanks I did not realize that, so effectively until some of the other Scottish teams can progress past August in Europe in any competition it is always going to be a struggle in Europe for us.

     

     

    LB

  13. GlassTwoThirdsFull on

    Phyllis Dietrichson 13:25 on 4 February, 2014

     

     

    squire d – couldn’t agree more.

     

     

    Benfica are a good example – I believe they deliberately target 3rd place in their Champs League group (3 times in the last 4 years) to qualify for the Europa Leage then do well in that.

     

     

    The result is that they keep racking up the co-efficient points to the extent that they are now a Pot 1 team/

     

    —————————————————————————

     

    Agree that CL points should have more value. But what good is being a Pot 1 team to Benfica if they are trying to finish third anyway?

  14. bamboo

     

    13:03 on

     

    4 February, 2014

     

    But the Scottish Green party are saying Yes.

     

    If green is your favourite colour you have to give it a YES.

     

    ………………………………..

     

    correctomundo……braw

  15. The Battered Bunnet on

    BMCUW

     

     

    Wiki’s got a decent page on it http://en.wikipedia.org/wiki/Double_Irish_arrangement

     

     

    T4

     

     

    I agree, a huge leap, but it was one of illustration rather than similarity. Fact is that trade is a global phenomenon, and requires a global approach, otherwise firms will continue to find ways to return more cash to shareholders. Chances of a global solution? Nil.

  16. Those backing Yes have been sold a pup.

     

     

    Mark Carney’s speech the other day confirmed that the plan to keep sterling would only take place on UK govt’s terms. So no fiscal independence, no deficit spending on mad welfare projects, no undercutting UK firms on corporation tax.

     

     

    No brave new Scotia in other words.

     

     

    And of course, membership of the EU will require us to join the Euro anyway (and Baroso and others have confirmed we will be treated as new members). Even if the Spanish and all the rest agree to let us in, it will, once again be on their terms. Which means the Euro.

     

     

    Therefore our fiscal and monetary policies will be set not in Edinburgh, or London, but in Berlin…

     

     

    I see ICAS this morning have cast severe doubt on the ability to maintain pensions at current level. Combined with uncertainty over currency, I’d say you’d either have to be very poor, with nothing to lose, or very rich to risk a Yes vote.

  17. thomthethim for Oscar OK on

    southside

     

     

    13:14 on 4 February, 2014

     

    thomthethim for oscar ok

     

     

    13:08 on 4 February, 2014

     

     

    Maybe they’re going to do a Tony Blair.

     

    That definately would send the govanites over the edge.

     

    Be some laugh though.

     

     

    ******

     

    Would definitely come into the “never rains but it pours”, category.

  18. Meetings done, easy job thus selling lark, you just have to sell what they need!

     

     

    MWD, I was just at it. That monstrosity of a statue is long gone mate. I wouldn’t vote SNP, but am being persuaded by the yes camp.

     

     

    glasstwothirdsfull, only 6 years! Blanked from my memory banks!

     

     

    T4, embarrassed by it, but the guys I see are sensible folk.

     

     

    ThomtheTim, are the Anglican Catholic and Roman Catholic Churches actually thinking of reunifying?

  19. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    PAUL67

     

     

    Bottom of the table of net biggest spenders in Everton, who sold £7.8m of talent more than they bought during the period. Newcastle United are also in a surplus, thanks in part to their recently departed director of football, Joe Kinnear, who completed his service without spending a penny.

     

     

    ~~~~~~~~~~**~~~~~~~~~~

     

     

    Kinnear talked a lotta pash instead.

     

     

    Held my fire on a wee bit of toilet humour….

  20. I'm Neil Lennon (tamrabam) on

    P67

     

    The obvious question then

     

    what is celtics net spend over the past 10 years

  21. HT

     

     

    My view on your question is:

     

     

    One small step for a Scotsman will lead to a giant leap for our kind.

     

     

    Presbyterian Scotland will struggle to disassociate itself from Queenie and her walloper on the squidlydid. So rather than go for the full boona up front take as much as you can and over time when the sheckles drop in the wallets and purses of the minnions the need for the mucky face and the commonwealth will diminish. It also benefis Scotland in the short term to be backed up by a relatively stable pound in it’s first few years of it’s greater adventure. But our day will come when I will put a cross beside that box that says REPUBLIC of Scotland he say YES or still for paying for tha bawbag loyalists he say Nae.

     

     

    MWD version of independance. :-)

  22. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    THE BATTERED BUNNET 1332

     

     

    Cheers,bud. I’m gonna have to look at that in more detail tbh. I know the basics on it,but little else.

     

     

    Though of course that has rarely prevented me from commenting on anything!

  23. Incredible that Davie Provan got the biggest gig in Britain yesterday Man City v Chelsea, he’s worked his way to top man at SKY. Most folk in England, don’t even know who he is.

  24. I can safely say that BMCUW is in no way Machiavellian!

     

     

    MICKiavellian possibly.

     

     

    HH!!

  25. squire danaher on

    Los bhoy

     

     

    Yes

     

     

    What makes things worse is that the Scotland national team and all the Scottish club representatives contribute hee haw to the coefficient

     

     

    It was worse the couple of seasons when we had five sides in Europe as the national coefficient was calculated by dividing by 5 instead of 4

     

     

    After this season the zombies Manchester season drops out the five year calculation cycle

  26. squire danaher on

    bsr

     

     

    I’ve noticed that Provan seems to get most live games based in north of England

     

     

    Think it’s a geography/expenses thing wi sky

  27. Rock Tree Bhoy on

    Anyone know why ‘Newcastle United Mad’ dont like us?

     

     

    “The “One Club Scottish League” is the joke of the football world, and Forster knows a title medal with Celtic may as well be made of chocolate”

     

     

    I used to have a soft spot for them roundabout the time Keegan was in charge but ever since Fraser Forster joined us they – or that web site in particular – nothing but cheek.

  28. eddieinkirkmichael on

    Hamiltontim is praying for Oscar

     

     

    13:20 on

     

     

    You raise some interesting points. One’s which others are probably more informed about so I’ll leave it them to go into detail on these issues. For me though it makes sense for us to use the Pound, at first, untill we decide whether we are going to stay in Europe or go it alone as the Nordic country’s have done. If we do vote for Indy, who’s to say the ecomomists wont decide that we should create a Scot’s Pound? Let’s get rid of the control from London first then have the debates on the nitty gritty issues.

     

     

    If Indy becomes a reality then there will be major changes to the political makeup of this country, I think initially SNP would remain in power for a while as the labour movement in Scotland is so fractured. It could take a few years for the left to properly organise and challenge the SNP. For the sake of my grandkids futures it’s a price I’m willing to pay.

     

     

    If we keep Lizzies as head of state, it will be ceromonial role and no powers. Again at some later date we can debate the issue and decide what is best for us, the Aussies still have her as their head of state and there is no issue.

  29. LiviBhoy - God bless wee Oscar on

    bournesouprecipe

     

     

    Sky spending all their cash on the two numpties in the studio. I don;t mind Provan scored a goal I will never forget in my first cup final!

     

     

    LB

  30. I'm Neil Lennon (tamrabam) on

    hoop spotting

     

    Derek Whyte in a shopping centre in Dubai and his kid with the full celtic strip on

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