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The price of football : understanding football club finance /
This revised and updated second edition of the bestselling guide to understanding football club finance includes analysis of the most recent club accounts, as well as the impact of Covid-19 on the game's finances, the latest legal rulings on club affairs, and expanded coverage of ""cr...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Newcastle upon Tyne :
Agenda Publishing,
2021.
|
| Edición: | Second edition. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover
- Half-title
- Title page
- Copyright information
- Table of contents
- Acknowledgements
- Foreword
- 1 Introduction
- Part I Football club financial reports
- 2 The balance sheet
- What is an asset?
- Types of asset
- Non-current vs current assets
- Tangible assets vs intangible assets
- Liabilities and equity
- What is a liability?
- Types of liability
- Non-current vs current liabilities
- Financing vs operating liabilities
- What is equity?
- Recording transactions in the club balance sheet
- 3 The profit or loss account
- Income
- Finance/interest
- Pre- and post-tax profit
- 4 The cash flow statement
- Cash from operations
- Cash flows from investing activities
- Cash from financing activities
- How to create a cash flow statement
- Part II The price of football
- 5 Players (and agents)
- How does a club value a player?
- Supply and demand
- Available financial resources
- Contract length
- Release clause
- How to show football player transactions in the accounts
- Transfer fees
- Amortisation
- Contract extensions
- Impairments
- Player sales
- Case study 1: Ousmane Dembele
- Case study 2: Andy Carroll
- How to calculate the sales price of players sold?
- Case study 1: Juventus
- Conditional/add-on fees
- Paying by instalments
- Signing-on fees
- Football player wages
- Agents
- 6 Ticket prices
- 1966 and all that
- Rising living standards
- Football is an addiction
- The rise of the football tourist
- All seater stadia
- Player costs
- 7 Broadcasting and sponsorship income
- Why do broadcasters like football so much?
- Why does the football industry like live broadcasting so much?
- How is the money shared?
- What of the future for broadcast rights?
- 8 Financial fair play
- UEFA rules
- Premier League rules
- Short-term cost controls
- Profitability and sustainability rules
- English Football League (EFL) rules
- Championship
- Leagues One and Two
- Part III Football club financial analysis
- 9 How to analyse club accounts 1: trend analysis
- Case study: Manchester United Plc year ended 30 June 2019
- Historic comparisons
- Matchday income
- Broadcast income
- Commercial income
- Competitor comparisons
- Costs
- Wages
- Player transfer amortisation
- Gains on player disposals
- Profits: operating, EBIT and EBITDA
- Analysing the balance sheet
- Net debt
- Receivables and payables
- Football net debt
- 10 How to analyse club accounts 2: ratio analysis
- Performance ratios
- Cost control ratios
- Matchday income to wages
- Income per fan
- Interest cover
- Effective tax rate
- Balance sheet ratios based on player trading
- Player signings to income
- Player reinvestment rate
- Squad ageing
- Transfers owing percentage
- Financial gearing (leverage)
- Conclusion
- 11 Valuing a football club
- Balance sheet value
- Stock market values
- Comparative sales values
- Comparative profit or loss account multiples