@Sportico Top 50 SportBusiness Twitter accounts • MSc Economics & Management • SportsBiz • FootballFinance
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🚨Premier League clubs made more than £1bn from their shirts alone last season, taking into account the value of their kit supplier deals, front-of-shirt sponsors and income from sleeve sponsors. Kit manufacturers have committed to providing nearly £492m across twenty agreements.
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Commercial revenues accounted for as much as 53% of total revenue in the 2012/13 season. Just four sponsors provided 43% of all funds flowing into #ManCity’s budget during the season under analysis. Between 2009 and 2019, commercial revenue grew by 1,161%.
🚨 It is shocking that four sponsorship deals (£115.5m) between #ManCity and entities linked to the UAE accounted for as much as 81% of commercial revenue (£143m) in the 2012/13 season. This excerpt from the report comes from a valuation conducted by the agency Octagon
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🚨 It is shocking that four sponsorship deals (£115.5m) between #ManCity and entities linked to the UAE accounted for as much as 81% of commercial revenue (£143m) in the 2012/13 season. This excerpt from the report comes from a valuation conducted by the agency Octagon
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Łukasz Bączek retweeted
🧵The sponsors of Manchester City
Okay, so I tried to look into some of the sponsors of #ManCity – the state-run project from #AbuDhabi.
It’s long but I hope it is worth it. mancity.com/
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Łukasz Bączek retweeted
It does grate me how few in the mainstream media wanted to talk about all the explosive, incontrovertible evidence available in the public domain since 2020.
Man City literally documented their own cheating 👇
⚽️⚖️ 𝗣𝗟 𝘃 𝗠𝗮𝗻 𝗖𝗶𝘁𝘆 𝟭𝟯𝟬 𝗰𝗵𝗮𝗿𝗴𝗲𝘀 - 𝘁𝗵𝗲 𝗽𝗼𝘄𝗲𝗿𝗽𝗼𝗶𝗻𝘁 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗼𝗳 𝗴𝘂𝗶𝗹𝘁 📊
People asked for an explainer on this document, so here it is!
It’s an internal Man City document covering owner funding into the club, created in May 2012.
It shows historic funding and projected funding for future years.
This came from the Football Leaks cache (part of the 5.5m documents hacked from Man City’s servers).
We know it’s real and it was not used as evidence at CAS (more on that later).
𝗜𝘁 𝘀𝗵𝗼𝘄𝘀 𝗠𝗮𝗻 𝗖𝗶𝘁𝘆 𝗱𝗶𝗱 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲 𝗮𝗰𝗰𝘂𝘀𝗲𝗱 𝗼𝗳 𝗯𝘆 𝘁𝗵𝗲 𝗣𝗿𝗲𝗺𝗶𝗲𝗿 𝗟𝗲𝗮𝗴𝘂𝗲 (PL). i.e., used sponsors to disguise owner funds being injected into the club in order to subvert PSR. More on that in a bit
But first….
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Manchester City verdict poses latest test to UK-UAE relations ft.com/content/36fd2644-9d0e…
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Łukasz Bączek retweeted
🚨For the current season, I value this deal at at least £100m a year. This is indisputably the most lucrative sponsorship deal in the Premier League and—alongside Real Madrid’s contract with Emirates—one of the two most valuable in the world in terms of front-of-shirt sponsorship
✈️ In August 2015, City’s finance chief itemized the amounts to be paid by Etihad Airways and those by Abu Dhabi United Group (ADUG). Etihad was apparently issued an invoice for £67.5m, of which, however, only "£8m was to be paid directly by Etihad and £59.5m by ADUG."
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Łukasz Bączek retweeted
✈️ In August 2015, City’s finance chief itemized the amounts to be paid by Etihad Airways and those by Abu Dhabi United Group (ADUG). Etihad was apparently issued an invoice for £67.5m, of which, however, only "£8m was to be paid directly by Etihad and £59.5m by ADUG."
🚨What is the best way to illustrate the benefits of inflating City's sponsorship deals in the 2012/13 season under review? The difference between the valuation of sponsorship deals made by consultancy Octagon to UEFA and the amount actually paid, as shown in the club's financial report, amounted to a combined ~£65m (€76m) from the 4 Gulf companies. This allowed the purchase of Fernandinho, Jovetic and Demichelis in the 2013/14 season for €70.5m. The maximum difference in the value of sponsorship contracts, amounting to approx. €76m, covered 66% of City's transfer expenses (€115.5m) in a given season. £1=€1.17
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Łukasz Bączek retweeted
🚨Let’s hope justice is served. ManCity has been found guilty of 114 charges regarding financial breaches. I expect severe financial penalties, a transfer ban, and a points deduction. Relegation is certainly unlikely, given that the club has been a driving force in the PL for yrs
🚨 EXCLUSIVE: Manchester City found guilty on virtually all charges relating to breaches of Premier League financial regulations. #MCFC expected to appeal against verdict issued by independent commission. Sanctions undecided, process ongoing @TheAthleticFC nytimes.com/athletic/7049721…
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Łukasz Bączek retweeted
£1.23 billion (€1.43 billion) spent by City on thirty players since their 115 charges relating to financial breaches were announced in February 2023.
£949.4m (€1.10 billion) spent by City since their hearing finished in December 2024 & £276.5m (€321.6m) in the summer of 2023.
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Btw. #ManCity spent £440m over the summer, equalling the British transfer record by signing Enzo Fernandez for £125m.
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Łukasz Bączek retweeted
"After perhaps the most consequential legal verdict ever delivered in English football, every last one of the 20 major trophies Manchester City have earned through Abu Dhabi’s bankrolling now comes with an asterisk," writes Oliver Brown.
"Truly, we are in unprecedented territory, and it warrants an unprecedented punishment..."
Read @oliverbrown_tel full thoughts on the club's guilty charges here ⬇️
telegraph.co.uk/football/202…
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Łukasz Bączek retweeted
Man City's financial impact on the sport cannot be ignored
nytimes.com/athletic/live-bl…
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Łukasz Bączek retweeted
Exclusive @TheAthleticFC
Manchester United have conducted internal assessments of possible financial losses incurred during period in which Man City guilty of Premier League rule breaches, including missed PL title wins & a missed CL qualification.
nytimes.com/athletic/7630254…
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Łukasz Bączek retweeted
🚨What is the best way to illustrate the benefits of inflating City's sponsorship deals in the 2012/13 season under review? The difference between the valuation of sponsorship deals made by consultancy Octagon to UEFA and the amount actually paid, as shown in the club's financial report, amounted to a combined ~£65m (€76m) from the 4 Gulf companies. This allowed the purchase of Fernandinho, Jovetic and Demichelis in the 2013/14 season for €70.5m. The maximum difference in the value of sponsorship contracts, amounting to approx. €76m, covered 66% of City's transfer expenses (€115.5m) in a given season. £1=€1.17
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