How much Premier League money did we earn?

[Ups and Downs]

I don't want to start another pointless debate about how money wasn't spent when it should have been, but i'm interested in knowing just how much Reading made from their two year stay in the top flight.

In the paper this morning it has the final table and how much money each team got from what it calls TV & Merit money. It says we earned £6.76m. Surely this isn't the TV money as well because we hear every week how a teams going up to The Prem are guaranteed at least £30m from TV rights alone. Incidentily, 8th placed Portsmouth got £16.72million, so i assume we got a similar amount last year for finishing in the same position? We also stand to receive parachute payments for the next couple of years.

So, with all this in mind, has anyone got any idea of Readings true Premiership income?

[papereyes]

Googling like a bitch.

The League's TV money is allocated in three ways: 50 per cent is shared equally between the 20 clubs, 25 per cent is spent on prizemoney depending on finishing position and 25 per cent is used for "facility fees" depending on how many of a club's games are televised live.

Under the current deal, the equal share of TV money is worth £9m per club per season, plus £253,000-£343,000 per live game (depending on timing), plus £484,000 for each place in the League. Chelsea were the highest earners from this pot of money in 2004-05, making £30m, while the bottom-placed Southampton earned £14m.

The winner of football's Premiership will net £50m from next season after the league agreed a new £625m deal for overseas television rights. The extra income from the deal means even the team finishing bottom will claim about £26m. Current title holders Chelsea won £30m last season.

The money adds to income from domestic broadcast and internet contracts.

http://news.bbc.co.uk/sport1/hi/footbal ... 759033.stm is '05-'06 summary

An '06-'07 summary from the Telegraph, excluding gate money, merchandise sales or income from club sponsorship deals.

In the money
Premiership (£) Europe Cups Total
ManUtd 30.58m 28.9m 2.95m 62.92m**
Chelsea 30.97m 26.4m 3.27m 60.15m**
Liverpool 28.44m 26.0m 0.27m 54.71m*
Arsenal 28.60m 13.90m 1.63m 44.14m
Tottenham 27.21m 2.0m 1.34m 30.55m
Everton 25.55m xx 0.12m 25.67m
Bolton 24.63m xx 0.48m 25.11m
Reading 23.64m xx 0.78m 24.42m
Portsmouth 23.15m xx 0.33m 23.47m
Blackburn 22.24m 0.8m 1.64m 24.68m
AstonVilla 22.23m xx 0.27m 22.20m
Middlesbrough 20.77m xx 1.07m 21.84m
Newcastle 21.21m 1.0m 0.27m 22.48m
ManCity 21.37m xx 1.02m 22.39m
WestHam 20.71m 0.1m 0.18m 20.99m
Fulham 20.26m xx 0.52m 20.78m
Wigan 18.58m xx 0.12m 18.70m
SheffUtd 18.00m xx 0.12m 18.12m
Charlton 18.00m xx 0.12m 18.12m
Watford 17.02m xx 0.96m 17.98m

http://www.guardian.co.uk/football/2008 ... ry.arsenal

A link to the deloitte rich list to show how much more money the CL clubs get from that competition, gate receipts, etc.

[Ups and Downs]

Cheers for that. You still making me do a bit of thinking and i'm far too depressed/hungover to do that.

Can't you just put a figure on it please?

[papereyes]

Cheers for that. You still making me do a bit of thinking and i'm far too depressed/hungover to do that.

Can't you just put a figure on it please?

From last season, the prize money (comprised of a flat sum, a merit award and a price per televised game) was £23.64 million, plis 0.78 million from the FA cup (2 televised games and prize money). This does not include increased attendance or merchandising revenue.

This season - I don't know.

[Arnie_Pie]

Apparently we got £2.18 million from the league. Dunno about the TV rights but am sure they are in the region of £30m.

[papereyes]

Apparently we got £2.18 million from the league. Dunno about the TV rights but am sure they are in the region of £30m.

I think its a bit less (£25 million?), plus a merit award of £700 k (I think, that was what SSN had) per place, plus number of televised games. The £2.18 million from the league is part and parcel of the TV money. See first quote.

[Northern Git]

Its the main lump of TV money £30,000,000(?) plus £4,600,000 million (the minimum) for actual games televised,plus £2,160,000 'Merit' money.

Its is divided as follows from the total TV revenue.

50% divided equally between the 20 clubs.
25% divided on TV apperances.Teams receive £460,000 per live game but are guarenteed £4,600,000 regardless of TV apperances. This does not included any money for apperances on MOTD or any televised cup game.
25% divided on on merit.


So I think £36,760,000 for the past season.

[Rev Algenon Stickleback H]

This year? About half of it.

[papereyes]

TV money and prize money, this season, according to Manchester Evening news

Club Premier League Cups Europe Total (06/07)

Man Utd 48.7 1.2 28.1* 78.0 (62.9)

Chelsea 44.7 1.1 25.6* 71.4 (60.1)

Arsenal 46.3 0.8 18.6 65.7 (44.1)

Liverpool 44.2 0.8 18.4 63.4 (54.7)

Everton 41.2 0.4 0.5 42.1 (25.7)

Aston Villa 42.3 0.3 x 42.6 (22.2)

Blackburn 39.3 0.3 0.1 39.7 (24.7)

Portsmouth 39.0 1.5** x 40.5 (23.5)

Man City 38.3 0.7 x 39.0 (22.4)

West Ham 35.7 0.5 x 36.2 (20.1)

Tottenham 35.5 0.8 0.4 36.7 (30.5)

Newcastle 38.4 0.4 x 38.8 (22.5)

Boro 33.1 0.8 x 33.9 (21.8 )

Wigan 32.4 0.3 x 32.7 (18.7)

Sunderland 33.0 0.1 x 33.1 (n/a)

Bolton 30.9 0.1 0.4 31.4 (25.1)

Fulham 30.2 0.1 x 30.3 (20.8 )

Reading 29.5 0.1 x 29.6 (24.4)

Birmingham 28.8 0.1 x 28.9 (n/a)

Derby 28.1 0.1 x 28.2 (n/a)

Seems more than realistic. Of course, it doesn't include things like merchandising or the costs of the club which eat away at it. That we seemed to earn £5 million extra when all the talk was of teams earning £30 million extra also makes me in the general direction of the British press.

[Ian Royal]

So thats a total for two seasons of about ~£50-£55m ?

[Wycombe Royal]

According to an article I just read we earned £30.6m this season from TV. Next season we get an £11.4m parachute payment.

[PieEater]

From the published accounts thread:

Date of accounts: 30/06/2007 30/06/2006 30/06/2005

No of weeks: 52 52 52

No of employees: 444 435 418

('000) ('000) ('000)

Total sales: 49909 17768 15292

Pre tax profit: 6,573 -6,465 -4,554

Fixed assets: 62,217 49,022 47,110

Current assets: 4,085 5,071 2,841

Net assets: 28,242 15,131 13,392

Long term liabilities: 8,530 1,697 15,776

Current liabilities: 38,060 38,962 36,559

Net worth: 12,856 9,317 -5,102

So last years profit just cleared the previous years debt. This year we had an extra £5m to spend, and most of that went on players wages.
I presume the long term liabilities are the players contracts, so the wage bill went from £1.6m to £8.5m

[Wycombe Royal]

I would actually say that at a football club cash flow is far more important than profit. Unfortunately they do not publish a cash flow statement.

[JC]

I would actually say that at a football club cash flow is far more important than profit. Unfortunately they do not publish a cash flow statement.

Yes they do, it is just what you are referring to is not their published accounts but a summary.

Following information might interest you

Turnover 49.9m (2006 1737m)

Profit 6.5m (-6.5m)

Staff costs 29.8m (14.2m)

Cashflow summary is approximately as follows

Inflow from operating activities 15.6m
Capital expenditure -16.6m
Bank loans 5.7m
Increase in cash 4.4m

The capital expenditure is mainly Players transfer fees of 8.1m less disposals of 2.5m

On the balance sheet it still shows the chairman is owed 25.8m plus he has invested another 15m which has been converted to shares

[sheshnu]

Portsmouth 39.0 1.5** x 40.5 (23.5)

Reading 29.5 0.1 x 29.6 (24.4)

That we seemed to earn £5 million extra when all the talk was of teams earning £30 million extra also makes me in the general direction of the British press.

Would Reading have 'earned' ( ) £40 million like Portsmouth did had they finished 8th again this season? Making the increase more like £15 million?

But generally I'm surprised that the land of milk and honey isn't as fertile as the press had us believe (which is laughable as well when you consider the amounts involved..!)

[Apocalypse Now]

£24m and £29m from TV income for a club that finished 8th and then 18th is still amazingly high.

I doubt theres anyone that thought Reading earnt anymore than that from TV revenue. £53m for two seasons in the sun is good work especially when you consider Man Utd, the side that won the league only received £78m.

[Dirk Gently]

I've just recieved this, which is slightly different from that already posted , but I think my source will be slightly more accurate :

Below is final distribution of PL broadcasting cash for 07/08 with 06/07. This doesn't include CL/UEFA Cup/FA & Carling Cups broadcasting cash:

Television revenue for 2007-08 season

(2006-07 in brackets)

Manchester United £49.3m (£32m)
Chelsea £45.6m (£30.9m)
Arsenal £47m (£29m)
Liverpool £45.4m (£28.4m)
Everton £42.1m (£25.3m)
Aston Villa £42.3m (£22m)
Blackburn Rovers £40.2m (£22m)
Portsmouth £40.4m (£23m)
Manchester City £39.7m (£21m)
West Ham United £36.8m (£21.1m)
Tottenham Hotspur £36m (£27.3m)
Newcastle United £39.2m (£21.2m)
Middlesbrough £34.2m (£20.5m)
Wigan Athletic £33.4m (£18.4m)
Sunderland £33.6m (£6.5m*)
Bolton Wanderers £32m (£24.6m)
Fulham £31.3m (£20.4m)
Reading £30.6m (£23.6m)
Birmingham City £29.8m (£6.5m*)
Derby County £29.1m (n/a)

[Vision]

I've just recieved this, which is slightly different from that already posted , but I think my source will be slightly more accurate :

Below is final distribution of PL broadcasting cash for 07/08 with 06/07. This doesn't include CL/UEFA Cup/FA & Carling Cups broadcasting cash:

Television revenue for 2007-08 season

(2006-07 in brackets)

Manchester United £49.3m (£32m)
Chelsea £45.6m (£30.9m)
Arsenal £47m (£29m)
Liverpool £45.4m (£28.4m)
Everton £42.1m (£25.3m)
Aston Villa £42.3m (£22m)
Blackburn Rovers £40.2m (£22m)
Portsmouth £40.4m (£23m)
Manchester City £39.7m (£21m)
West Ham United £36.8m (£21.1m)
Tottenham Hotspur £36m (£27.3m)
Newcastle United £39.2m (£21.2m)
Middlesbrough £34.2m (£20.5m)
Wigan Athletic £33.4m (£18.4m)
Sunderland £33.6m (£6.5m*)
Bolton Wanderers £32m (£24.6m)
Fulham £31.3m (£20.4m)
Reading £30.6m (£23.6m)
Birmingham City £29.8m (£6.5m*)
Derby County £29.1m (n/a)

That doesn't add up to £80m so can't be right.

[Scrappy]

I've just recieved this, which is slightly different from that already posted , but I think my source will be slightly more accurate :

Below is final distribution of PL broadcasting cash for 07/08 with 06/07. This doesn't include CL/UEFA Cup/FA & Carling Cups broadcasting cash:

Television revenue for 2007-08 season

(2006-07 in brackets)

Manchester United £49.3m (£32m)
Chelsea £45.6m (£30.9m)
Arsenal £47m (£29m)
Liverpool £45.4m (£28.4m)
Everton £42.1m (£25.3m)
Aston Villa £42.3m (£22m)
Blackburn Rovers £40.2m (£22m)
Portsmouth £40.4m (£23m)
Manchester City £39.7m (£21m)
West Ham United £36.8m (£21.1m)
Tottenham Hotspur £36m (£27.3m)
Newcastle United £39.2m (£21.2m)
Middlesbrough £34.2m (£20.5m)
Wigan Athletic £33.4m (£18.4m)
Sunderland £33.6m (£6.5m*)
Bolton Wanderers £32m (£24.6m)
Fulham £31.3m (£20.4m)
Reading £30.6m (£23.6m)
Birmingham City £29.8m (£6.5m*)
Derby County £29.1m (n/a)

That doesn't add up to £80m so can't be right.

Add £20 million over 2 years in parachute payments.

[Rev Algenon Stickleback H]

From the published accounts thread:

Date of accounts: 30/06/2007 30/06/2006 30/06/2005

No of weeks: 52 52 52

No of employees: 444 435 418

('000) ('000) ('000)

Total sales: 49909 17768 15292

Pre tax profit: 6,573 -6,465 -4,554

Fixed assets: 62,217 49,022 47,110

Current assets: 4,085 5,071 2,841

Net assets: 28,242 15,131 13,392

Long term liabilities: 8,530 1,697 15,776

Current liabilities: 38,060 38,962 36,559

Net worth: 12,856 9,317 -5,102

So last years profit just cleared the previous years debt. This year we had an extra £5m to spend, and most of that went on players wages.
I presume the long term liabilities are the players contracts, so the wage bill went from £1.6m to £8.5m

I'm no accountant, but I do see a fair number of financial reports in my line of work, and it'd be rather creative to class wages as long term liabilities. Typically they'd be bank loans or mortgages that have to repaid.

Also, as frugal as we were in the championship, it's rather amusing to think that we would have had a £1.6 million wage bill. That works out at £32,000 a week.