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The Premiership


Uefa clam up on City

Uefa officials have been instructed not to answer questions about Manchester City in relation to the organisation's football fair play rules.   In particular they have been told to talk about whether the club's £350m 10 year sponsorship deal with Etihad falls within the rules, although their £200m wage bill is probably an even bigger problem.

Big turnover rise at Newcastle

Newcastle United have reported a 69 per cent rise in turnover for the 2010/11 season from £53.4m to £88.4m.  Much of that increase came from a threefold rise in television revenues, with corporate hospitality sales also up.

The operating loss was £3.9m for the year ended June 2011 in comparison to a £33.5m loss the year before and moves the club close to a break even position ahead of Uefa's financial fair play rules being introduced.

Newcastle settle tax dispute

Newcastle United are the latest football club to settle a dispute over image rights with the tax authorities.  The settlement covers all outstanding disputes with Revenue and Customs, it is believed.   The sum involved has not been revealed but it is thought to be less than the amount set aside as a contingency in the accounts.

Are Chelsea an embarrassment?

Chelsea are becoming an 'embarassment' to the Premier League after sacking André Villas-Boas after just eight months at the club, according to League Managers' Association chief executive Richard Bevan.   He claimed on Radio 5, 'Looking for what is an eighth manager in nine years is a serious embarrassment to the owner, the club, the fans and the league.'

Blackpool report record profits

The financial benefits of a year in the Premiership are demonstrated by the latest financial results from Blackpool FC.  After making a loss of £6.7m the previous year, the club has reported record profits of £20.9m.

Turnover rose from £9.4m to £51.7m.   Just £3.5m was spent on new signings and the wage budget reached £12.1m.  Overall costs rose to £30.7m.   The figures are believed not to include the sale of star midfielder Charlie Adam to Liverpool and other departures.

Drop in profits at Wolves

Profits at Wolverhampton Wanderers have dropped by nearly £7m compared with last year, but the club still managed to record a pre-tax profit after player trading and net interest charges of £2.2m in the year to 31 May 2011.   The figures take into account record £7m buy Steven Fletcher and other acquisitions.

Operating costs increased to £37.9m compared with £29.8m in 2009-10 mainly due to players' wages.  Turnover was up to £64.6m compared with £60.4m in 2009-10 largely because of the new three year Premier League television deal.

Villa announce big losses

Aston Villa haved announced losses of almost £54m for the year ended 31 May 2011, up from £37.6m.   American owner Randy Lerner has put £25m of his own money into the club over the past two years to keep it on an even keel.

The figure includes the money spent to bring Darren Bent to the club in January last year, but does not include the sales of Ashley Young to Manchester United and Stewart Downing to Liverpool which went through last year.

Arsenal profits boost

Arsenal have reported a pretax profit of £49.5m in the six months to end of November compared with a loss of £6.1m a year earlier.   Football turnover was up from £97.6m to £113.5m.  Cash reserves increased from £110.4m to £115.2m.

Arsenal freeze season ticket prices

Arsenal have bowed to pressure from the Supporters' trust and frozen season ticket prices for next season.   They may look at issuing credits should the team not qualify for the Champions League.  At present the first seven cup games are included in season tickets.

Premier League Merit Payments and TV Money

We often get letters (well, emails) asking about the level of Merit Payments and TV Facility Fees for Premier League football clubs. Whilst we have published some data in the past, it's not always easy to get a proper picture of how the system works.