| Premier League table : Club debts 18:48 - Nov 23 with 637 views | KeithHaynes |
Outside this top ten the rest of the EPL has debts under £100,000,000. Newcastle and Villa have no debt. Norwich have £14,000,000 of debt, Brentford already have £45,000,000 of debt.
1) Chelsea — £1.3bn
Chelsea have a unique ownership structure, wherein the club’s debt (about £1.3 billion owed to Abramovich) has been converted to debt held in a holding company, Fordstam Limited. While on one hand, the debt exposure towards related parties is significant, on the other, Chelsea have no interest-bearing financial debt owed to other parties, such as financial institutions. This bit of financial hand-waving means that Chelsea, as a club, are essentially debt-free, though Abramovich could theoretically call in the full amount owed, which could lead to an interesting situation. Though in practice would essentially mean he’s selling the club and the new buyer would have to fulfill that debt.
2) Tottenham — £706m
Spurs are not just one of England’s top clubs, they have moved into the top dozen in Europe. What’s more, they have leapfrogged Arsenal, their North London rivals, built a terrific new stadium and have reached the Champions League final. The past decade has been eventful for the Spurs, but they still haven’t won anything since 2008. Tottenham’s gross debt had previously been as much as £831million a few months back, with £140million owed in transfer debt, £96million in tax debt, £9million in trade creditors and £102million in other creditors equalling a total of £1.177bn.
3) Manchester United — £530.2m
Manchester United’s net debt has fallen by more than £50million in their annual financial results, released last month. United’s figures showed the club’s net debt currently stands at £419.1million, down from £474.4m last year. Although United made a net loss of £92.2m, that was understood to be largely down to the accounting impact of a £66.6m non-cash tax charge. The gross debt of the club is currently £530.2m.
4) Manchester City — £473m
After years of Manchester City fans enjoying their club being debt-free, the Blues have gone into the red. More than a few City fans were a little bewildered when the Blues — or rather their parent City Football Group (CFG) took out a $650million loan (£473m). That money is said to be earmarked to keep growing the CFG, by financing a new stadium for New York City, and other projects. The impact of Covid on matchday revenue at all the CFG clubs has been felt, and to keep on investing in the CFG growth, the club had to look to external sources — hence the loan.
5) Everton — £409m
Everton suffered a staggering loss of £139.9m in the 2019-20 financial year — £67.3m as a result of pandemic’s impact on football. They have proposed a new share issue to the majority shareholder, Farhad Moshiri, worth £250m to cover the club’s continued losses. The club’s debt currently stands at £409m.
6) Brighton — £306m
Brighton & Hove Albion are surprisingly sixth on the list, although the £306m worth of debt is actually owed to their owner Tony Bloom who is a lifelong fan of the club. Bloom invested £111m into squads in a bid to try and get Brighton promoted to the Premier League. He has also overseen the Seagulls move from the Withdean Stadium to the Amex Stadium, which cost Brighton over £100m.
7) Liverpool — £268m
FSG and Fenway Sports have the Anfield club ran on a tight budget. Liverpool’s owners have taken out loans to develop Anfield in recent years. A total of £197m was drawn down from the credit facility, although it is understood that a significant chunk of that loan has been paid back already after football restarted and media revenues started to trickle in once more, as well as other monies that have been brought into the business in past months. The £197m figure adds on to the £71m that Liverpool owe to owners Fenway Sports Group, paying off a further £8m of their £110m loan to aid the redevelopment of the Main Stand at Anfield. That takes the gross debt at the club to £268m.
8) Leicester City — £219m
Leicester’s net debt has gone up by 147% to £162 million. While the gross debt is £219m. The directors have reviewed the club’s cash flow forecasts and they revealed that the company is reliant on continued funding from external banks as well as King Power International. Leicester have entered into two five-year loan facilities for a total of £ 30 million to finance the working capital requirements of the club and have increased and extended a £45 million facility with Macquarie Bank to January 2022.
9. Arsenal — £218m
Arsenal, once the standard-bearers for conservatism and prudence in football, posted their second successive annual loss in 2019-20, but there could be worse to follow. Covid aside — the club revealed £ 35 million of losses were attributable to the pandemic — Arsenal’s absence from the UEFA Champions League is costing the club financially and reputationally. Arsenal’s net debt has increased substantially, rising from £ 42 million in 2019 to £108 million. This is largely due to a reduction in cash at bank and in hand to £ 110 million from £167 million. Gross debt is still over £200 million.
10) Wolves — £152m
Wolves took a £40 million hit on revenues and turned a £22 million profit in 2018-19 to a £36.7 million loss in 2019-20. Unlike some clubs that reported a fall in matchday income, Wolves saw this revenue stream rise by 10% to £12.7 million. The club’s revenues for the season totalled £132.6 million, some 23% lower than 2018-19. Wolves’ biggest drop came in broadcasting, a 28% decline to £ 95.8 million. Commercial income also fell by 13% to £ 24.1 million. Given the Covid scenario in the last couple of season, the gross debt of the club increased to £152m.
This post has been edited by an administrator |  |
| |  |
| Premier League table : Club debts on 20:38 - Nov 23 with 554 views | Boundy |
Is it worth It ? I mean Brentford 45 million, it has a big potential to kill the club and for what |  |
| "In a free society, the State is the servant of the people—not the master." |
| |
| Premier League table : Club debts on 20:41 - Nov 23 with 552 views | Dr_Winston |
| Premier League table : Club debts on 20:38 - Nov 23 by Boundy |
Is it worth It ? I mean Brentford 45 million, it has a big potential to kill the club and for what |
Yes it's worth it if you run yourself sensibly as a club. We managed nearly four years of it, which is probably above average. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
| |
| Premier League table : Club debts on 20:51 - Nov 23 with 538 views | KeithHaynes |
| Premier League table : Club debts on 20:38 - Nov 23 by Boundy |
Is it worth It ? I mean Brentford 45 million, it has a big potential to kill the club and for what |
These are up to date figures too from what I can see.
Brentford’s debt is frightening. | |
| |
| Premier League table : Club debts on 20:57 - Nov 23 with 525 views | builthjack |
So owners can pump as much money as they like in, and that's ok. Financial fair play my bum. |  |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
|
| |
| Premier League table : Club debts on 20:58 - Nov 23 with 526 views | Catullus |
| Premier League table : Club debts on 20:51 - Nov 23 by KeithHaynes |
These are up to date figures too from what I can see.
Brentford’s debt is frightening. |
It should be frightening to them too. If they go the same way as us that debt will rise massively and when the inevitable happens they will fall spectacularly from grace.
Apart from the high wages, when you get relegated clubs know you are desperate to sell some players so they always offer less than their value in the EPL, that's even taking into account the value drops when you go down anyway. | |
| |
| Premier League table : Club debts on 21:28 - Nov 23 with 504 views | Boundy |
| Premier League table : Club debts on 20:41 - Nov 23 by Dr_Winston |
Yes it's worth it if you run yourself sensibly as a club. We managed nearly four years of it, which is probably above average. |
yes but the operative word is "sensibly" and too may Clubs aren't hence chasing the dream and failing can set a club back years and some may not recover . | |
| "In a free society, the State is the servant of the people—not the master." |
| |
| Premier League table : Club debts on 21:35 - Nov 23 with 501 views | Dr_Winston |
| Premier League table : Club debts on 21:28 - Nov 23 by Boundy |
yes but the operative word is "sensibly" and too may Clubs aren't hence chasing the dream and failing can set a club back years and some may not recover . |
That's their own fault. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
