Il calcio economico

[Tom.]

Folgende Punkte würde ich aus dem langen Thread heraus streichen:

• Ständige CL Teilnahme ist absolute Bedingung, um wirtschaftlich oben mithalten zu können, das sieht man an Milan's Abstieg in den letzten Jahren sehr 'schön' an der Money League: 

  Zitat

  It used to be #Milan calling the shots when they were much stronger financially. In 2004 they were ranked 3rd in the Money League, generating €83m more revenue than the 10th placed club. Since then, they have dropped 18 positions to 21st and are now €254m below 10th place.

   

• Internationales Geschäft

  Zitat

  #Milan have only received €29m from Europe since 2015, all of which came in the last 2 seasons. This is miles behind Juventus €451m, Roma €285m and Napoli €188m, due to those clubs consistently qualifying for the Champions League in recent times.

  
  

• Werbeeinnahmen

  Zitat

  Just 4 years ago #Milan’s commercial income was the highest in Italy, but has dropped €32m since then, while Juve and Inter have both grown by around €110m in the same period. They had €56m more than Inter, but are now €89m behind their rivals. Return to the CL is imperative.

• Abhängigkeit von Elliott

  Zitat

  #Milan have been very reliant on increases in capital from their owners, including €265m from Elliott in 2018/19 alone. Since 2014 their various owners have had to put in over €600m to cover the club’s large losses.

 

• Ausgaben

  Zitat

  In fact, over the last 5 seasons, #Milan have the highest net spend in Serie A with their €387m ahead of Inter €315m, Juventus €284m and Napoli €161m. In contrast. Roma had net sales of €64m.

• Umsatz

  Zitat

  Excluding player loans, #Milan are the only leading Italian club to see their revenue fall over the last 3 years – by €8m (4%). In contrast, Inter’s revenue has more than doubled in this period, rising €185m (driven by Chinese funds), while Juventus have grown €119m.

• Rekordverlust

  Zitat

   

  • Unsurprisingly, #Milan’s shocking €143m pre-tax loss is the worst in Italy by some distance, around €100m more than their rivals Inter €40m, then Juventus €27m. In stark contrast, Atalanta reported the highest profit €35m, while also qualifying for the Champions League.
  
  

   

• Gehälter

  Zitat

  Nevertheless, #Milan €185m wage bill is still the third highest in Italy. They are a long way below Juventus €328m, but around the same level as Inter €193m and Roma €184m.

   

[Tom.]

Aktueller Thread von swissramble auf Twitter, featuring Juve, Inter, Milan & Roma:

Zitat

#Juventus 2019 revenue up 20% to €494m, by far highest in Italy, due to commercial growth (Ronaldo factor). This also drove 27% wages rise to €328m. Operating loss up to €142m, offset by €127m from player sales, but still €27m pre-tax loss. Debt (mainly stadium) up to €473m https://t.co/1JDNrUUmnX

 

Zitat

#Milan €143m pre-tax loss highest in Italy & worst in club’s history. Lost over half a billion in last 6 years, as revenue has stagnated, partly due to little involvement in Europe. Wages up to €185m. Little money from player sales. Debt down after Elliott’s repayment of bonds. https://t.co/hdxnxS1nSn

 

Zitat

#Inter revenue grew from €203m to €370m in 3 years since Suning takeover, including €96m from Chinese sponsors. 2019 boosted by return to Champions League €51m, but still lost €40m before tax. Debt of €461m would be even higher without owners converting €145m to equity. https://t.co/J7WTj5S3ZO

 

Zitat

#ASRoma have posted losses 10 years in a row. 2019 loss only €15m pre-tax, but includes  €129m from player sales. Last 2 years helped by Champions League money. Wages up to €184m, as operating loss widened to €116m. Debt of €255m has since been restructured via new bonds. https://t.co/RL6YTON5qs

 

bearbeitet 7. August 2020 von Tom.

[MILANISTA]

Roma gar nicht so arg verschuldet, da steht weitaus Inter schlimmer da.

Wir sind ironischerweise neben Juve wohl die fittesten. Unsere Schulden sind Dank Elliott mittlerweile beglichen.

Ausblick sieht auch positiver aus. Der nächste wichtige Schritt ist das Stadion. Steht das, bricht ne neue Ära an (ebenso für Inter).

Die Zahlen von Lazio, Napoli und Atalanta wären noch interessant.

[Pinturicchio]

https://www.calcioefinanza.it/2020/10/10/stipendi-serie-a-2020-2021-classifica/

Stipendi Serie A 2020 2021, i dati degli ultimi anni

• 2015/16: 882 milioni di euro;
• 2016/17: 927 milioni (+5% rispetto all’anno precedente);
• 2017/18: 955 milioni (+3%);
• 2018/19: 1.129 milioni (+18%);
• 2019/20: 1.360 milioni (+20%);
• 2020/21: 1.288 milioni (-5%).
   

  Stipendi Serie A 2020 2021, la classifica

  Si va dai 236 milioni della Juventus (-58 milioni rispetto al 2019/20) fino ai 22 milioni dello Spezia: un rapporto sostanzialmente di 1:10 tra l’ultima e la prima nella graduatoria dei monte ingaggi delle squadre nella Serie A 2020/21. Penultima è l’altra neopromossa, il Crotone (23 milioni) mentre il Benevento di Vigorito stavolta non vuole correre rischi, con un monte stipendi da 32 milioni, addirittura il quintultimo in Serie A davanti anche a squadre come Udinese ed Hellas Verona.

  

  Tra le altre squadre ad aver visto scendere il monte ingaggi ci sono il Milan (-25 milioni) e la Roma (-13 milioni), mentre tra i club che hanno aumentato gli stipendi troviamo Lazio (+11 milioni), Inter (+10 milioni) e anche l’Atalanta (+6 milioni).

• Juventus: 236 milioni di euro;
• Inter: 149 milioni;
• Roma: 112 milioni;
• Napoli: 105 milioni;
• Milan: 90 milioni;
• Lazio: 83 milioni;
• Fiorentina: 55 milioni;
• Torino: 51 milioni;
• Cagliari: 46 milioni;
• Bologna: 43 milioni;
• Atalanta: 42,6 milioni;
• Genoa: 41 milioni;
• Sassuolo: 35 milioni;
• Parma: 34 milioni;
• Sampdoria: 34 milioni;
• Benevento: 32 milioni;
• Udinese: 31 milioni;
• Verona: 24 milioni;
• Crotone: 23 milioni;
• Spezia: 22 milioni.
   

  The salaries of Serie A coaches:

  Antonio Conte (Inter) €12m

  Paulo Fonseca (Roma) €2.5m

  Gian Piero Gasperini (Atalanta) €2.2m

  Simone Inzaghi (Lazio) €2m

  Stefano Pioli (Milan) €2m

  Sinisa Mihajlovic (Bologna) €2m

  Andrea Pirlo (Juventus) €1.8m

  Claudio Ranieri (Sampdoria) €1.8m

  Gennaro Gattuso (Napoli) €1.5m

  Eusebio Di Francesco (Cagliari) €1.5m

  Marco Giampaolo (Torino) €1.5m

  Roberto De Zerbi (Sassuolo) €1.1m

  Filippo Inzaghi (Benevento) €1m

  Ivan Juric (Hellas Verona) €1m

  Giuseppe Iachini (Fiorentina) €0.9m

  Rolando Maran (Genoa) €0.85m

  Luca Gotti (Udinese) €0.6m

  Giovanni Stroppa (Crotone) €0.6m

  Fabio Liverani (Parma) €0.5m

  Vincenzo Italiano (Spezia) €0.5m

 

[kreiner]

Pinturicchio schrieb vor 40 Minuten:

 

Antonio Conte (Inter) €12m

per la stagione?

[Pinturicchio]

kreiner schrieb vor 8 Minuten:

per la stagione?

Ja  

[kreiner]

Pinturicchio schrieb vor 3 Minuten:

Ja  

folle

[MILANISTA]

Am krassesten find ich den Gehaltsunterschied zwischen Juve und Atalanta. (Aber auch zu Inter und Milan.)

Qualitativ sind das Nuancen. Finanziell kostet aber Juves Kader fast das Sechsfache.

Da kann man vor Atalanta echt nur den Hut ziehen.

[Pinturicchio]

MILANISTA schrieb vor 11 Minuten:

Am krassesten find ich den Gehaltsunterschied zwischen Juve und Atalanta. (Aber auch zu Inter und Milan.)

Qualitativ sind das Nuancen. Finanziell kostet aber Juves Kader fast das Sechsfache.

Da kann man vor Atalanta echt nur den Hut ziehen.

Absolut, Atalanta ist da echt zum Vorzeigen wohl für ganz Europa (sprich die 5-6 großen Ligen).

[papomilano]

kreiner schrieb vor 4 Stunden:

per la stagione?

Zum Vergleich mit den 12m von Conte:

Serienmeister und CL-Finalist Allegri hat bei Juve zuletzt 7.5m netto bekommen, wenn meine Quellen stimmen. 

bearbeitet 12. Oktober 2020 von papomilano

[MILANISTA]

Stimmt, und das wohl verdient.

Mal sehen, vielleicht wird ja Conte heuer Meister und holt die CL, dann hat es sich ja doch ausgezahlt!

[Tom.]

@swissramble sehr ausführlich über Milan's vergangenes Jahr:
 

Zitat

#Milan 2019/20 accounts cover a season when they finished 6th in Serie A and reached the semi-final of the Coppa Italia, but were excluded from Europe for FFP issues. Second season under the ownership of American hedge fund, Elliott Management Corporation. Some thoughts follow.

 

Zitat

#Milan pre-tax loss widened from €143m to €192m (post-tax €195m), the worst result in club’s history (partly due to COVID), as revenue fell €56m (25%) from €228m to €172m, while profit on player sales up €3m to €15m. Expenses slightly lower, including €30m exceptionals.

 

Zitat

#Milan largest revenue decrease came from broadcasting, down €42m (40%) from €105m to €63m, though match day also fell €10m (31%) from €34m to €24m and player loans were down €5m to €8m. Commercial was slightly higher, up €1m to €77m.

 

Zitat

As a technical aside, this international definition of #Milan €172m revenue is different to the one used in the club accounts, which also includes €20m gain on player sales plus a tiny increase in asset values, giving revenue of €192m, down €49m (20%) from prior year €241m.

 

Zitat

#Milan wage bill was cut €24m (13%) from €185m to €161m, while other expenses were down €7m (8%) to €88m. Player amortisation rose €14m (18%) to €95m, while player write-downs increased €18m from €2m to €20m. Net interest decreased €4m from €10m to €6m.

 

Zitat

#Milan’s huge €195m post-tax loss is almost the worst in Italy, only surpassed by Roma €204m, while Inter €102m and Juventus €90m also posted hefty deficits, impacted by COVID. Note: some clubs have 31 December year-end, so their 2019/20 accounts do not reflect the pandemic.

 

 

Zitat

Clearly, COVID has had a major adverse impact on finances in 2019/20 with many leading clubs across Europe reporting horrific losses, e.g. Everton €158m, Barcelona €97m and Tottenham Hotspur €72m, but #Milan €195m is one of the highest (worst).

 

Zitat

COVID has reduced #Milan revenue in 2019/20 by an estimated €42m: broadcasting €27m (Serie A revenue after 30 June deferred to 2020/21), match day €10m and commercial €5m. Without this loss, reported revenue would have been €214m, i.e. only 6% below prior year.

 

Zitat

#Milan profit on player sales rose €3m to €15m, mainly Cutrone to #WWFC €17m & Embelo to Lille €3m, offset by losses for Piatek to Hertha €4m & Borini to Verona €1m. One of smallest gains from this activity in Italy, significantly lower than Juventus €167m & Napoli €96m.

 

Zitat

#Milan have lost an incredible €735m in last 7 years (before tax). In fact, it’s really 6.5 years, as 2017 was only 6 months after the change in accounting date from December to June. That means an average annual loss of €113m over this period.

 

Zitat

It is worth noting the impact of exceptional costs, which have increased #Milan losses by €146m since 2014. The 2019/20 accounts included €20m player write-downs (mainly Andre Silva, Paqueta, Rodriguez and Reina) and €10m provisions for management changes, restructuring, etc.

 

Zitat

Unlike many leading clubs, #Milan have made very little from player sales. In fact, they have only averaged €11m profit a year since 2014, including actually losing money in two of those years. This is a third of the €33m average reported in the preceding 3-year period.

 

 

Zitat

One reason #Milan have struggled financially is they have been poor at selling players. In the last 5 years, they only made €72m profit here, which is miles below Juventus €563m, Roma €372m and Napoli €325m. Not sold a single player for a profit above €20m in last 3 years.

 

Zitat

#Milan EBITDA (Earnings Before Interest, Tax, Depreciation & Amortisation), considered a proxy for underlying profitability, as it excludes once-off items like player sales and exceptional items, fell from €(51)m to €(76)m, the second worst in Italy, only ahead of Roma €90m.

 

Zitat

Similarly, #Milan operating loss (excluding profit from player sales and interest) widened from €144m to €202m, down from only €23m in 2014. The traditional “Big Four” Italian clubs all make large operating losses: Juventus €234m, Roma €195m and Inter €133m.

 

Zitat

#Milan ongoing revenue has declined €75m (30%) since 2013 from €247m to €172m, mainly due to not qualifying for Champions League, which has driven €56m reduction in broadcasting & €21m fall in commercial. By club’s definition, revenue down €86m (31%) from €279m to €192m.

 

Zitat

As a result, #Milan’s €172m revenue is less than half of Juventus €407m and around €140m below Inter €311m. They are now 4th highest in Italy, having been overtaken by Napoli €179m, though are ahead of Roma €149m and Atalanta €141m.

 

Zitat

Due to COVID, most clubs have seen revenue fall dramatically in 2020, so #Milan €42m reduction (excluding player loans) is actually better than Roma €90m, Inter €63m and Juventus €58m. Atalanta and Fiorentina accounts closed in December, i.e. before the pandemic.

 

Zitat

That said, #Milan 25% revenue decrease in 2019/20 is one of the worst results of clubs that have so far published accounts with most managing to limit the damage to falls below 20% (Juventus 18%, Inter 18%, Napoli 17%). Only Roma are higher with 37%.

 

Zitat

Based on 2018/19 accounts, #Milan dropped 3 places from 18th to 21st in the Deloitte Money League, which ranks clubs worldwide by revenue. In 2004 it was a different story, when they were ranked 3rd, generating €83m more revenue than 10th placed club, but are now €254m lower.

 

Zitat

#Milan broadcasting revenue decreased €42m (40%) from €105m to €63m, mainly due to domestic TV dropping €27m (30%) from €90m to €63m, but also no UEFA prize money, which was €15m prior year. Top three earn much more: Juventus €166m, Napoli €121m and Inter €115m.

 

Zitat

In 2018/19 #Milan received €77m TV money from Serie A: 50% equal share; 30% performance (15% last season, 10% last 5 years, 5% historical); and 20% supporters. However, 2019/20 revenue was €27m lower, as some income deferred to 2020/21 after a few games played in July & August.

 

Zitat

It is imperative that #Milan qualify for Europe, ideally the Champions League, to boost their broadcasting income, as the TV rights in Serie A are relatively low. Indeed, there were big increases in England and Spain in 2019/20 and France in 2020/21, while Italy was unchanged.

 

Zitat

Although #Milan qualified for the Europa League, UEFA’s FFP 1-year ban meant they could not participate in 2019/20, so lost out on €15m revenue (per 18/19). Other Italian clubs took advantage with highest earners being Juventus €87m, Napoli €70m, Atalanta €57m & Inter €57m.

bearbeitet 11. Januar 2021 von Tom.

[Tom.]

Die aktuelle Deloitte Money League ist heute erschienen - wie erwartet spielt die COVID-19 Pandemie eine große Rolle darin.
https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/deloitte-football-money-league.html

Die Top 20

Top 21 - 30

Juve (Platz 10)

Inter (Platz 14)

 

Napoli (Platz 19)

 

bearbeitet 26. Januar 2021 von Tom.

[MILANISTA]

Dem Fußball inklusive der Serie A stehen harte Zeiten bevor:

Agnelli precicts losses up to €8.5b for football industry

https://app.football-italia.net/index.htm#article/footballitalia-165476&menu=news-all

Lesenswert!

 

[Tom.]

Inter Specifics - heute nachgereicht von @swissramble

Detaillierter Twitter Thread:

 

'Executive Summary:'

 

bearbeitet 2. Februar 2021 von Tom.