LongsightM13
Well-Known Member
Interesting point made in the article that Liverpool would still probably be below us if the Madrid game wasn’t postponed due to Covid
Yeah but we can all just ignore that. Livpoo's bestest in werld, most monies, top fiv! say Sky sauces.Interesting point made in the article that Liverpool would still probably be below us if the Madrid game wasn’t postponed due to Covid
'Despite facing bankruptcy'...
Great way to kick off an article. Barcelona really are fucked.
Also, crazy to see Schalke in 16th when they're on the verge of relegation.
Most of Bayern's biggest sponsors such as Allianz, Audi and Adidas also happen to own a significant percentage of the club.For all the sh!t we get over finances, i'd love to know how some of those clubs make the money they do!
PSG and Bayern the two main culprits – the French league has nowhere near the global viewing figures of the Premier League, the prize money on offer there will be a fraction in comparison too. And Bayern, whilst being one of the G14 the same applies as PSG - the Bundesliga, whilst more popular than the PL, is still miles away in terms of views surely... and again, do they have a global reach? For both PSG and Bayern I've seen very little of their shirts being worn when you go abroad – Barca, Real, Utd and Liverpool you see, so where is their high revenue going from?
I assume the figures are kosher as neither us nor Liverpool have actually published the 2020 accounts.Interesting point made in the article that Liverpool would still probably be below us if the Madrid game wasn’t postponed due to Covid
I believe the phrase is ‘paper millionaire’?its fucking bollox. Accountants valuing assets and ranking them and totally ignoring levels of debt.
May be I should buy a 1 million quid House with a million pound mortgage. Would I then be a millionaire ?
Spot-on. What Bayern have is essentially disguised owner investment from their sponsors. But it's apparently all within FFP rules which also don't take any account of debt. Barca, Real Madrid, and United now have combined debts of around £2bn (Barca alone have £1bn) But they can all carry on playing football with no consequences. United are still paying huge dividends to the Glazers while they delay payments to their creditors. As you say: "Nothing to see here."Most of Bayern's biggest sponsors such as Allianz, Audi and Adidas also happen to own a significant percentage of the club.
This is a club that has a history of board members that have been convicted of tax dodging.
Nothing to see here obviously.