Comments on: 2006/2007 Financial Results

By: Nik

Nik — Wed, 03 Oct 2007 00:55:00 +0000

If OL`s season continues to be such a desaster it will be interesting to see next years figures. I do have the slight feeling that the club`s management had most certainly different/not to say higher expectations when preparing this season`s budget….

(and it is definitely shocking to see by how much the French club`s depend on revenues from broadcasting rights.)

By: lefutur

lefutur — Thu, 27 Sep 2007 05:31:51 +0000

yes and no, Inara. chelsea have all the money in the world but they’ve got more headaches than all the advil in the world could cure.

By: Inara

Inara — Wed, 26 Sep 2007 22:14:53 +0000

Money is the root of all evil…and all good football. What a conundrum.

TTJMM: Tiago and Abidal weren’t included because they were sold before June 30, 2007, so they fall under sales in the 2006/2007 year and are included in the numbers for last season.

By: The Tracy Jordan Meat Machine

The Tracy Jordan Meat Machine — Wed, 26 Sep 2007 22:03:30 +0000

This might be a dumb question, but how come Abidal and Tiago weren’t included in the sale of players?

By: lefutur

lefutur — Wed, 26 Sep 2007 21:19:32 +0000

as much as i love football i wouldn’t want to turn france into some kind of capitalist’s wet dream for the sake of attracting better players. after all, money is the root of all evil.

By: Corey

Corey — Wed, 26 Sep 2007 20:13:26 +0000

I didnt finish my thought on Ronnie, woops. With someone with such a high profile staying and payign taxes in Spain, the signs are that more players could do the same in France. A new stadium will attract players for sure, and Im sure Auluas has some under hand ways to shield his high earners from taxes.

By: Corey

Corey — Wed, 26 Sep 2007 20:12:09 +0000

Well Inara, as we have seen with Ronaldinho, he is having second thought about stayin in Spain because of taxes. French tax law may be restructured with the new president, along with that god dam lazy number of hours in the work week legislation. The French are to damn liberal for their own good sometimes!

By: Inara

Inara — Wed, 26 Sep 2007 16:28:12 +0000

Corey: How I wish there was someone in France to wipe away the wage taxes. Okay, I don't, but you know what I mean. Storm: FC Istres recently floated. They are an L2 club but their stocks are doing relatively well. If any club floats next, I think it would be Toulouse. Jan: For a club like Manchester United, having a big debt is not a hindrance to profit as the demand for the club is very high. But Leeds United is a tragic example of what happens when debts are unregulated. They went from being an EPL stalwart to being pushed into the depths of England's lower divisions. Had there been any financial supervision in England, that situation would never have happened.

By: Jan

Jan — Wed, 26 Sep 2007 16:22:20 +0000

Inara: I don’t think that the debt situation in the EPL is in any way critical (different to Serie A a few years back) as English clubs can very easily service those debts at the moment (and if the debts are down to new stadiums etc. it’s even less of a problem). I would also be surprised if the EPL as a whole won’t be generating lots of profits in the future, seeing the vast amounts of money that are pumped into this league from TV, sponsors, tickets etc. And I assume foreign investors wouldn’t be so interested in the EPL if it wasn’t for the promise of profits.

By: Storm

Storm — Wed, 26 Sep 2007 15:47:51 +0000

And Arsenal’s financial shape this year is largely credited to the new stadium, a fact I’m sure JMA has not overlooked. Since the change in financial regulations to allow French clubs to float I’m surprised that not more French clubs haven’t started to go down that route (though maybe I’ve missed that).