Deloitte Money League 2023 - What It Means For Us In the Future?

[Nick-TopSpursMan]

The latest edition of the Money League is out and it makes quite incredible reading for us, it really does. Before we start, this is all based on the 21/22 season (last season).

https://www2.deloitte.com/uk/en/pag.../articles/deloitte-football-money-league.html


We are 9th in total, let's focus on our PL rivals:

City €731m
Pool €701.7m
Utd €688.6m
Chelsea €568.3m
Spurs €523m
Arsenal €433.5m

Now on the surface you may be saying, oh wow we're so far behind Chelsea, Utd, Pool etc.

But remember, this is based on the 21/22 season when we had NO CL FOOTBALL. This is key because it means we lost out on matchday revenue from CL games but more importantly we lost out on CL prize money AND broadcasting revenue.

Here is a breakdown of each teams revenue:

City
Matchday €64m
Commercial €373m
Broadcasting €294m

Pool
Matchday €112m
Commercial €275m
Broadcasting €314m

Utd
Matchday €126m
Commercial €309m
Broadcasting €254m

Chelsea
Matchday €82m
Commercial €209m
Broadcasting €277m

Spurs
Matchday €125m
Commercial €215m
Broadcasting €182m

Arsenal
Matchday €94m
Commercial €167m
Broadcasting €172m

Here's where it gets really exciting. This season we ARE in the CL, so you can add 4 high profile CL games to our matchday revenue, that's likely around an extra €20m at least. Then we can look at City, Pool, Utd and Chelsea's broadcasting revenues, they are around €90-100m higher than ours due to CL, which we do have this season.

So based on these numbers, if you add €120m to our total revenue it gives you an idea of where we are now based on the current season. So €523m, plus €120m euros takes us up to €643m, enough to put us just behind Bayern. ABOVE Barca, way beyond Chelsea and closing in on Utd and Pool. But there is potentially more, presumably the prize money for the CL is included in commercial. If that's the case, our commercial revenue would increase too, potentially taking us past Bayern and PSG and right on to the coat tails of Man Utd. Add in a potential naming rights sponsor in the near future and you get a picture of where I'm going with this.

The last thing to consider is I don't know if this revenue based on 21/22 includes the concerts that took place in the summer. They may well come under this season instead.

So basically we are now a financial juggernaut. We have extreme room for growth in our wage bill and with our transfer spending and our commercial growth could go up further because at the moment we're a juggernaut and we haven't even won anything. Success on the pitch would likely lead to us pushing towards the very top of this table.

Forget City, as you can see by their breakdown, they have used commercial revenue to push to the top, utilising their owners.

In summary, we are in a magnificent position financially and if we can sort ourselves out on the pitch and get a cohesive strategy as a club, we could really fly. You can also see why we may be very attractive to QSI.

 

[wspur]

This is pretty impressive, without CL or naming rights. Also impressive is the gap between revenue level and on pitch performance but I am very hopeful it will improve soon.

Also how did we leave Arsenal so far behind?

 

[Nick-TopSpursMan]

This is pretty impressive, without CL or naming rights. Also impressive is the gap between revenue level and on pitch performance but I am very hopeful it will improve soon.

Also how did we leave Arsenal so far behind?

A combination of Poch's era, Levy's very good commercial decisions and business sense off the pitch and Scum losing their way.

 

[Albertbarich]

I know it's about us but I have to say about City.

It's absolutely ridiculous what they're doing. I mean there is cheating and then there is this. The idea that they have a higher commercial revenue than Real Madrid ?

 

[Danfunkel]

This is pretty impressive, without CL or naming rights. Also impressive is the gap between revenue level and on pitch performance but I am very hopeful it will improve soon.

Also how did we leave Arsenal so far behind?

A potential league title and a return to UCL will aid them well though. Commercially they could do better.

 

[Albertbarich]

Add champions league money, naming rights and I'm sure more events and we will soon be up that list.

Everything is in place except the know how and of course the desire to really compete.

 

[InOffMeLeftShin]

All this is telling me is that we make more money on matchday for a worse standard of football. We’ve been strong financially for a while and we had the biggest growth in the top 10. But we undoubtedly also spend by far the least in the top 10.

The potential is exciting, but potential is nothing if there is no action against it.

 

[Nick-TopSpursMan]

All this is telling me is that we make more money on matchday for a worse standard of football. We’ve been strong financially for a while and we had the biggest growth in the top 10. But we undoubtedly also spend by far the least in the top 10.

The potential is exciting, but potential is nothing if there is no action against it.

We're miles stronger than we have ever been.

This is our record revenue and it comes in a season when we didn't even have CL football, which generally gets us an extra £100m plus.

No doubt we need to be run better but we've never been anywhere near as financially powerful as we are now.

 

[noggen]

#LevyIn

 

[rabbikeane]

Credit to our owners, and us who's paying for it all. It also means that it's natural for us to be between 5-7 (incl. Newcastle's financial doping) in the league, and that we are performing very well those years we qualify for Champions League.

 

[SpartanSpur]

These figures are damning when it comes to our actual outlay on the pitch. Wage bill still lagging way behind despite this incredible matchday and commercial income. Debt repayments are very manageable. Next year will be crazy with CL income. Should overtake Chelsea and be quite close to Utd (in the Europa).

Good on Levy for helping the club for getting in such a position, bad on him for not reinvesting enough into the team!

 

[CantSmileWithoutYou]

These figures are damning when it comes to our actual outlay on the pitch. Wage bill still lagging way behind despite this incredible matchday and commercial income. Debt repayments are very manageable. Next year will be crazy with CL income. Should overtake Chelsea and be quite close to Utd (in the Europa).

Good on Levy for helping the club for getting in such a position, bad on him for not reinvesting enough into the team!

Ahh, bless ol' Daniel. From the goodness of his heart getting us to such a position....

 

[joelstinton14]

These figures are damning when it comes to our actual outlay on the pitch. Wage bill still lagging way behind despite this incredible matchday and commercial income. Debt repayments are very manageable. Next year will be crazy with CL income. Should overtake Chelsea and be quite close to Utd (in the Europa).

Good on Levy for helping the club for getting in such a position, bad on him for not reinvesting enough into the team!

Whilst there is always room for improvement our actual outlay is pretty comparable to our rivals. Obviously City Chelsea, and to some extent United can currently outspend everyone else, we are pretty comparable to Arsenal and Liverpool.

This our spending since the stadium opened.

Spurs
22/23 = £170m
21/22 = £96m
20/21 = £111m
19/20 = £149m
Total = £526m
Sales = £152m
Net = £374m

Arsenal
22/23 = £132m
21/22 = £167m,
20/21 = £86m
19/20 = £161m
Total = £546m
Sales = £128m
Net = £418m

Liverpool
22/23 = £137m
21/22 = £87m
20/21 = £84m
19/20 = £10m
Total = £318m
Sales = £172m
Net = £146m

Generally our issues hasn’t been spending (since the stadium opened at least) but mistakes in idenfication of players and correcting those or past mistakes. If Paratici were to stay I actually think we are in a good position. I think Conte when he says we can’t afford to make mistakes is generally right but I think the same applies to Liverpool and Arsenal. Just at the moment Arsenal have got it right and is and Liverpool havn’t and are trying to fix imbalances in the squad.

 

[SpartanSpur]

Whilst there is always room for improvement our actual outlay is pretty comparable to our rivals. Obviously City Chelsea, and to some extent United can currently outspend everyone else, we are pretty comparable to Arsenal and Liverpool.

This our spending since the stadium opened.

Spurs
22/23 = £170m
21/22 = £96m
20/21 = £111m
19/20 = £149m
Total = £526m
Sales = £152m
Net = £374m

Arsenal
22/23 = £132m
21/22 = £167m,
20/21 = £86m
19/20 = £161m
Total = £546m
Sales = £128m
Net = £418m

Liverpool
22/23 = £137m
21/22 = £87m
20/21 = £84m
19/20 = £10m
Total = £318m
Sales = £172m
Net = £146m

Generally our issues hasn’t been spending (since the stadium opened at least) but mistakes in idenfication of players and correcting those or past mistakes. If Paratici were to stay I actually think we are in a good position. I think Conte when he says we can’t afford to make mistakes is generally right but I think the same applies to Liverpool and Arsenal. Just at the moment Arsenal have got it right and is and Liverpool havn’t and are trying to fix imbalances in the squad.

Obviously we don't have the wage bill figures but our wage bill was lingering well behind all of the other top 4 clubs last I saw. That is the true figure to be looking at.

Edit - scracth that, we have the ratio to work it out

Spurs - 246m
Arsenal - 251m
Chelsea - 403m
Liverpool - 435m
Utd - 454m
City - 417m

Obviously Arsenal have done great but they had huge cost cutting of late and are still above us. We need to bumping that wage bill up by circa 100m to have a much better chance of competing and the headroom is there for it, and while we aren't using it on wages we should be using it on transfer fees above and beyond other clubs to improve the squad.

 

[joelstinton14]

Obviously we don't have the wage bill figures but our wage bill was lingering well behind all of the other top 4 clubs last I saw. That is the true figure to be looking at.

Edit - scracth that, we have the ratio to work it out

Spurs - 246m
Arsenal - 251m
Chelsea - 403m
Liverpool - 435m
Utd - 454m
City - 417m

Obviously Arsenal have done great but they had huge cost cutting of late and are still above us. We need to bumping that wage bill up by circa 100m to have a much better chance of competing and the headroom is there for it

For sure. I think once revenues streams are further solidified we will hopefully see a continued growth to help attract better players. Obviously the economy and Champions league football impacts on that but it is something that can be looked at. Probably worth highlighting that Ronaldos and specific older players of other clubs inflate those numbers too. Certainly will neck year with Haaland’s wages.

 

[southlondonyiddo]

Where’s the trophy comparison with those clubs in the last 20odd years

Makes interesting reading too

 

[St José Dominguez]

Maybe we could spend some of that £500m on an actual scouting and recruitment network. We’d be an absolute powerhouse if we could develop some sort of footballing strategy for the rest of this decade. We’ve got the cash, the stadium is making obscene amounts of money but we are utterly clueless in the transfer market and in terms of what we want to be as a football team. Imagine we had the intelligence in terms of player identification of say Brighton with the revenue we are generating. We might actually get a shot at winning something again rather than just drifting in an ocean of nothingness.

 

[southlondonyiddo]

Maybe we could spend some of that £500m on an actual scouting and recruitment network. We’d be an absolute powerhouse if we could develop some sort of footballing strategy for the rest of this decade. We’ve got the cash, the stadium is making obscene amounts of money but we are utterly clueless in the transfer market and in terms of what we want to be as a football team. Imagine we had the intelligence in terms of player identification of say Brighton with the revenue we are generating. We might actually get a shot at winning something again rather than just drifting in an ocean of nothingness

Ultimately it doesn’t matter what’s put in place as we have a control freak micro managing everything and the purse strings are completely controlled by him

No chance of things changing as it currently stands - Sad

 

[St José Dominguez]

Ultimately it doesn’t matter what’s put in place as we have a control freak micro managing everything and the purse strings are completely controlled by him

No chance of things changing as it currently stands - Sad

Very sad. It’s laughable the arrogance of how involved he is considering the hit rate of the signings. We’ve had a few players here and there over the last 20 years which we’ve made big profits on but we’ve wasted hundreds of millions on players whose value has plummeted. We have absolutely no global knowledge of footballers. The vast majority of our signings have been either agent led, known PL players or now guys from Serie A cos our DoF knows that league. We should be a club buying gems from around the world and developing that at the best training centre in the world. This is how you compete with the oil clubs. I’d be just as excited at us signing for example 18/19yr old South American players as £60m players because it would feel like a shift in our approach.

 

[kris havard]

How have they got this information? Didn’t think the accounts were published