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The Premiership


United hit by lack of Champions League money

Absence from the Champions League is starting to affect Manchester United's finances.  Revenue was down by just under 10 per cent in the three months to the end of September at £88.7m.   In particular, the club made less from its deal with Nike because it was not in the Champions League.

Ofcom to probe sale of Premiership tv rights

Regulatory agency Ofcom is to probe the selling of Premier League broadcasting rights following a complaint from Virigin Media.   In particular, Virgin Media has argued that a lower proportion of games (41 per cent) is sold than in other European leagues and this forces up prices for consumers.

Bundesliga tops attendance table

The Bundesliga has the highest average attendances in football at 42,609 and is only beaten in professional sport by the NFL in America.   The Premier League comes 2nd in average attendances at 36,695, but has a higher aggregate attendance at just under 14 million.  The discrepancy is explained by the fact that it plays 74 more games.

Chelsea to announce record profit

Chelsea are to announce a record profit of £20m in the year to 30 June.   They have only once before made a profit in the Abramovich era, a modest £1.5m two years ago.   This means that they will have no difficulty in complying with financial fair play (FFP) rules.

Burnley will not splash the cash

Burnley look as if they are heading for relegation, but manager Sean Dyche has said that the club will not splash the cash in the January transfer window.  

Excellent financial results at Everton

Everton is the latest Barclays Premier League club to report an excellent set of financial results, boosted by broadcasting revenue.

Turnover was over £100m for the first time, up 39 per cent at £120.5m,   £88.5 m of this was accounted for by broadcasting revenue, up by £30m.   Gate receipts were also up by £2m to £19.2m.   One area for further development is commercial revenue and the plans for a new stadium should help there.

Good financial results at Norwich

Norwich City have reported a good set of financial results for the year ended June 2014 when, of course, they were still in the Premier League.   Operating profits were £9.5m compared with £4.6m for a comparable period in the preceding year.  

Billionaire to take over at Palace?

Crystal Palace may be on the verge of becoming the sixth Premiership club to be either American owned or to have an American majority shareholder.   American billionaire Josh Harris is being linked with an acquistion of the club.

Harris, who owns the NBA team Philadelphia 76ers, was linked with a possible takeover at Aston Villa earlier in the year.

Villa mistaken for non-league club

It is often been argued that Aston Villa have been punching below their weight, but now they have been mistaken for a non-league club.   They have been drawn away to Pegasus Juniors in the first round proper of the FA Vase.

They have been confused with Aston FC, a junior non-league side representing the same district of Birmingham.

Olympic Stadium costs rise

The overall bill for the Olympic Stadium is set to soar well beyond £600m before West Ham United move in after it emerged that installing the complex roof would be far more expensive than originally thought.

The complications will not cost West Ham – due to move into the 54,000-seat stadium from the start of the 2016-17 season – another penny on top of the £15m they have pledged towards the conversion.