Sly Posted 3 December 2019 Posted 3 December 2019 Are Leicester City a sleeping giant? Are we a big club in the making ..... Financial accounting for a football club must be a nightmare, as I’m not sure how you value your assets, such as players. Some dodgy accounting goes on I’d guess! Ultimately turnover gives you a feel for the size of a club. Unfortunately just because you’ve had historic success, doesn’t mean you will again. Sunderland have won as many titles as Chelsea! Sheffield Wednesday, Leeds, Derby, Huddlesfield, Blackburn, Preston and Burnley, have all won more top tier titles than Leicester. Big club elite-ism is just media perception. As a player, looking to join a club, how do you judge the intangible things like culture, morale etc Why would Brendan or any other player want to leave? Is any other club more / less likely to be successful than us? Just a few facts on each club: Arsenal Owner: Stan Kroenke Walmart Owner Worth: $9.7b Capacity: 60,704 Turnover £403m Profit before tax: £70m Squad value: £615.38m Aston Villa Owners: Nassef Sawris / Wesley Eden’s Fortress Investment Worth: $9.2b Capacity: 42,095 Turnover: £64.6m Profit before tax: £32.2m loss Squad value: £171.90m Bournemouth Owner: Maxim Denim Petrochemicals Trading Worth: $700m Capacity: 11,364 Turnover: £135m Profit before tax: £11m loss Squad value: £300.83m Brighton HA Owner: Tony Bloom Online Gambler / Property Worth: $1.7b Capacity: 30,750 Turnover: £139m Profit before tax: £12m Squad value: £195.39m Burnley Owner: Mike Garlick Michael Bailey Freight Associates Worth: $80m Capacity: 21,944 Turnover: £139m Profit before tax: £45m Squad value: £178.88m Chelsea Owner: Roman Abramovich Oil / Steel industry Worth: $12.9b Capacity: 40,034 Turnover: £448m Profit before tax: £30m Squad value: £726.3m Crystal Palace Owner: Steve Parish Tag Worldwide Investment Worth: $3.9b Capacity: 24,486 Turnover: £150m Profit before tax: £36m Loss Squad value: £212.90m Everton Owner: Farhad Moshiri Steel and Energy Worth: $2b Capacity: 39,414 Turnover: £145m Profit before tax: £13m loss Squad value: £455.4m Leicester City Owner : Srivaddhanprabha Family King Power Group Worth: $5.9b Capacity: 32,261 Turnover: £159m Profit before tax: £2m Squad value: £369.23m Liverpool Owner: Fenway Sports Group Worth: $2.7b Capacity: 53,394 Turnover: £455m Profit before tax: £125m Squad value: £965.03m Manchester City Owner: Monsour Bin Zayed Al Nayhan Abu Dabhi United Group Worth: $22b Capacity: 55,017 Turnover: £500m Profit before tax: £10m Squad value: £1.15b Manchester United Owner: Glazer Family First Allied Corporation Worth: $4.9b Capacity: 74,872 Turnover: £590m Profit before tax: £26m Squad value: £677.93m Newcastle United Owner: Mike Ashley Sports Direct Worth: $2.8b Capacity: 52,304 Turnover: £178m Profit before tax: £32m Squad value: £246.22m Norwich City Owner: Delia Smith / Michael Wynn Jones Good industry / Publishing / Poultry Worth: £30m Capacity: 27,359 Turnover: £33.7m Profit before tax: £38m loss Squad value: £109.44m Sheffield United Owner: Abdullah Bin Musa’ed Saudi Manufacturing Co Worth: $255m Capacity: 32,125 Turnover: £20m Profit before tax: £1.9m loss Squad value: £82.31m Southampton Owner: Gao Jisheng Lander Sports Development Worth: $4b Capacity: 32,384 Turnover: £153m Profit before tax: £35m Squad value: £213.30m Tottenham Hotspur Owner: Joe Lewis / Daniel Levy Currency Trading Worth: $6.2b Capacity: 62,062 Turnover: £381m Profit before tax: £139m Squad value: £885.6m Watford Owner: Gino Pozzo Investment Worth: $120m Capacity: 22,200 Turnover: £138m Profit before tax: £22m loss Squad value: £212.72m West Ham United Owners: David Sullivan / David Gold Daily / Sunday Sport & Gold Group Worth: $1.9b Capacity: 60,000 Turnover: £175m Profit before tax: £18m Squad value: £313.88m Wolverhampton Wanderers Owner: Guo Guangchang Fosun International Worth: $5.9b Capacity: 32,050 Turnover: £26.4m Profit before tax: £55m loss Squad value: £300.38m
Guest Markyblue Posted 3 December 2019 Posted 3 December 2019 Everton squad worth 90 million more than ours in which parallel universe is that then.
shailen Posted 3 December 2019 Posted 3 December 2019 From a financial accounting point of view, players are valued as intangible assets. They are valued at their contract value which is written down each year. So a player on 10m a year on a 5 year contract would be valued at 50m when he signs the contract and each year 10m is written off the balance sheet.
Guest Dirkster the Fox Posted 3 December 2019 Posted 3 December 2019 Whilst I like the point of your article, you've got you valuations massively out of line. Chelsea worth over £12 billion and Burnley £80 million. Realy??? All wrong anyway: https://www.forbes.com/sites/kurtbadenhausen/2019/07/22/the-worlds-50-most-valuable-sports-teams-2019/
coolhandfox Posted 3 December 2019 Posted 3 December 2019 8 minutes ago, Dirkster the Fox said: Whilst I like the point of your article, you've got you valuations massively out of line. Chelsea worth over £12 billion and Burnley £80 million. Realy??? All wrong anyway: https://www.forbes.com/sites/kurtbadenhausen/2019/07/22/the-worlds-50-most-valuable-sports-teams-2019/ He's stating the owner's wealth not the clubs worth!
bovril Posted 3 December 2019 Posted 3 December 2019 We are neither a footballing giant, nor are we currently sleeping. What we've done in the last few years is something I thought I may never see in English football, a historically medium-sized club mixing it with the big boys without spending billions.
urban.spaceman Posted 3 December 2019 Posted 3 December 2019 Wealth doesn’t really mean anything to be honest. Yes, Chelsea and Man City have used their owner’s money to effectively buy their way into the top 4, but they’ve also broken a shit ton of rules to do it, and are getting caught out. But we’ve done it without spending obscenely. Vichai barely put any money in because FFP wouldn’t allow us to do the same as Chelsea or Man City, and because we tried spending big under Sven and that backfired spectacularly. Vichai gave us his time, business expertise and love, not money. That’s what defines us, this quote: “Our spirit exists because of the love we share for each other and the energy it helps to create, both on and off the pitch. And in the years to come it will continue to be our greatest asset.” Our club record signing up until Ulloa in 2014 was STILL Ade Akinbiyi at £5.5m from back in 2000. The team we won the league with cost less than what elite clubs spend on one player. Even after winning the league we couldn’t progress because we were hindered by STCC (Short Term Cost Control - designed to stop clubs spending beyond their means on wages based on a percentage of their wages the previous season; meaning still we couldn’t compete with big clubs). Our winnings from the Premier League and Champions League have gone straight back on our squad and eventually training ground. We bought Kante, Drinkwater, Mahrez and Maguire for less than £20m combined, and sold them for £219m - only to be above all of them in the league. No, we've done this without spending money that we haven’t earned and are in the top 4 on pure merit. The way things should be.
Muzzy_Larsson Posted 3 December 2019 Posted 3 December 2019 41 minutes ago, urban.spaceman said: Wealth doesn’t really mean anything to be honest. Yes, Chelsea and Man City have used their owner’s money to effectively buy their way into the top 4, but they’ve also broken a shit ton of rules to do it, and are getting caught out. But we’ve done it without spending obscenely. Vichai barely put any money in because FFP wouldn’t allow us to do the same as Chelsea or Man City, and because we tried spending big under Sven and that backfired spectacularly. Vichai gave us his time, business expertise and love, not money. That’s what defines us, this quote: “Our spirit exists because of the love we share for each other and the energy it helps to create, both on and off the pitch. And in the years to come it will continue to be our greatest asset.” Our club record signing up until Ulloa in 2014 was STILL Ade Akinbiyi at £5.5m from back in 2000. The team we won the league with cost less than what elite clubs spend on one player. Even after winning the league we couldn’t progress because we were hindered by STCC (Short Term Cost Control - designed to stop clubs spending beyond their means on wages based on a percentage of their wages the previous season; meaning still we couldn’t compete with big clubs). Our winnings from the Premier League and Champions League have gone straight back on our squad and eventually training ground. We bought Kante, Drinkwater, Mahrez and Maguire for less than £20m combined, and sold them for £219m - only to be above all of them in the league. No, we've done this without spending money that we haven’t earned and are in the top 4 on pure merit. The way things should be. Your modern day footballing franchises really, "big clubs" if the term even means anything anymore simply due to someone pumping millions into them and then marketing them well around the world. History that has been bought essentially. If I were a Leicester fan I wouldn't swap your one premier league win for a 100 of Chelsea and Man City's as it flew in the face of all that is wrong with modern football today and it was the mark of proper history and has set your club on an upward trajectory in terms of ambition, potential and exposure for all the right reasons. A sleeping giant to me is a club with a rich history, fairly sizeable and passionate fanbase, who are underperforming but retain the potential to be one of the top sides again, someone like Aston Villa would spring to mind. The thing is though, a lot of these clubs will never reach the halcyon days of their glory years again, football moves too fast these days. Leicester I'd say are definitely not a sleeping giant but more a club on the up and a club making their own history in a refreshing way, far removed from clubs who seek to manufacture history and success through spending power only. I'm loathed to even use the term big club nowadays as I believe by it's very definition it's antiquated and irrelevant. I'll use my own club as an example, in terms of fan base, global exposure and presence, honours we are a massive club. However, football has changed so dramatically that the aforementioned is less relevant as success and potential now is more strongly correlated to finance and the environment in which you play (or trade) in. Bournemouth being the example, you could go on all day saying Celtic are a bigger club than Bournemouth, of course they are, at least according to the antiquated criteria of a "big club", but in reality that all means nothing when despite playing in front of 16000 fans every week, never winning any trophies, never playing European football, 99% of players would choose to join Bournemouth ahead of Celtic for well understood reasons.
ARM1968 Posted 3 December 2019 Posted 3 December 2019 Maddison, Chillwell and Ricky P are worth that alone. What a load of muppetry.
twoleftfeet Posted 3 December 2019 Posted 3 December 2019 The value of the club and players and chairman are irrelevant because: As 2015/2016 proves you don't need the most expensive squad and indeed often the best players at a club aren't the ones signed for a fortune but one that have come through the ranks or sign for a club early in their careers Stevie G at Liverpool, Fat frank at Chelsea Beckham at Manu. It doesn't matter how much money the chairman is worth if he doesn't want to spend any money then does it matter if he is worth a £1 million or £100 Billion. Squad value it doesn't matter if you have 30 players worth £30 million each you can unless they have changed the rules play 11 at a time and as Everton under Walsh did buy every midfielder that was available it didn't help they didn't have a balance in the squad. and players value is subjective Harry Maguire value to sign £80 million wages 3 times what he was paid last year is he A worth 3 or 4 times more than we paid for him this year when his performances have been worse than last year. Is Soyuncu's value now with his stellar performances the same as last year or as he has one less year on his contract less than last year. Are we a sleeping GIANT or just a mid size club from the midlands that at this present moment in time extremely well run and about to gate crash the top size teams in the premiere league and establish our selves as contenders for champions league football season after season. We are a family club and should aim to remain a family club the only thing that counts is the position in the league Massive club doesn't equal success ask any Geordie
Izzy Posted 3 December 2019 Posted 3 December 2019 No, we’re nothing like a sleeping giant. We could be a ‘ biggish’ club in the making if we ever get the stadium expanded. Regular CL football in a 47,000 capacity KP Stadium would make us an even more attractive proposition than we already are.
Nicolo Barella Posted 3 December 2019 Posted 3 December 2019 3 minutes ago, Izzy said: No, we’re nothing like a sleeping giant. We could be a ‘ biggish’ club in the making if we ever get the stadium expanded. Regular CL football in a 47,000 capacity KP Stadium would make us an even more attractive proposition than we already are. What's the current capacity again?
Mark 'expert' Lawrenson Posted 3 December 2019 Posted 3 December 2019 I don't think we’ll ever be a giant
Raw Dykes Posted 3 December 2019 Posted 3 December 2019 16 minutes ago, Nicolo Barella said: What's the current capacity again? 32,500. I think that's rounded off.
Nicolo Barella Posted 3 December 2019 Posted 3 December 2019 1 hour ago, Raw Dykes said: 32,500. I think that's rounded off. 47k sounds good then yeah
Izzy Posted 3 December 2019 Posted 3 December 2019 1 hour ago, Mark 'expert' Lawrenson said: I do t think we’ll ever be a giant. Don’t think I ever want us to be a Giant Lawro. I like us just how we are (and a bigger stadium would be great)
Stadt Posted 3 December 2019 Posted 3 December 2019 I think we’ve always had some unrealised potential, we’re the second biggest one-club city in England after Leeds. Beyond city borders, we’ve got a fairly big catchment area too without even any ‘medium’ sized clubs to our south or east for about 100 miles. Population size means relatively little in terms of winning owt though, just look at Bristol and south London clubs’ honours lists. Once our ground is expanded to ~42k, I think the perception around us will shift a little bit.
Raw Dykes Posted 3 December 2019 Posted 3 December 2019 38 minutes ago, Nicolo Barella said: 47k sounds good then yeah The leaked plans said 40k minimum, I think. I'm hoping it will be around 42k - a tad bigger than Villa Park. I think we're planning to extend just the east stand, initially. I think the Kop could also be expanded in the future if needed.
Nalis Posted 3 December 2019 Posted 3 December 2019 14 minutes ago, Stadt said: I think we’ve always had some unrealised potential, we’re the second biggest one-club city in England after Leeds. Beyond city borders, we’ve got a fairly big catchment area too without even any ‘medium’ sized clubs to our south or east for about 100 miles. Population size means relatively little in terms of winning owt though, just look at Bristol and south London clubs’ honours lists. Once our ground is expanded to ~42k, I think the perception around us will shift a little bit. Newcastle?
yorkie1999 Posted 3 December 2019 Posted 3 December 2019 18 minutes ago, Raw Dykes said: The leaked plans said 40k minimum, I think. I'm hoping it will be around 42k - a tad bigger than Villa Park. I think we're planning to extend just the east stand, initially. I think the Kop could also be expanded in the future if needed. And Stamford Bridge.
Trav Le Bleu Posted 3 December 2019 Posted 3 December 2019 3 hours ago, henrik_62 said: Your modern day footballing franchises really, "big clubs" if the term even means anything anymore simply due to someone pumping millions into them and then marketing them well around the world. History that has been bought essentially. If I were a Leicester fan I wouldn't swap your one premier league win for a 100 of Chelsea and Man City's as it flew in the face of all that is wrong with modern football today and it was the mark of proper history and has set your club on an upward trajectory in terms of ambition, potential and exposure for all the right reasons. A sleeping giant to me is a club with a rich history, fairly sizeable and passionate fanbase, who are underperforming but retain the potential to be one of the top sides again, someone like Aston Villa would spring to mind. The thing is though, a lot of these clubs will never reach the halcyon days of their glory years again, football moves too fast these days. Leicester I'd say are definitely not a sleeping giant but more a club on the up and a club making their own history in a refreshing way, far removed from clubs who seek to manufacture history and success through spending power only. I'm loathed to even use the term big club nowadays as I believe by it's very definition it's antiquated and irrelevant. I'll use my own club as an example, in terms of fan base, global exposure and presence, honours we are a massive club. However, football has changed so dramatically that the aforementioned is less relevant as success and potential now is more strongly correlated to finance and the environment in which you play (or trade) in. Bournemouth being the example, you could go on all day saying Celtic are a bigger club than Bournemouth, of course they are, at least according to the antiquated criteria of a "big club", but in reality that all means nothing when despite playing in front of 16000 fans every week, never winning any trophies, never playing European football, 99% of players would choose to join Bournemouth ahead of Celtic for well understood reasons. Considering you signed up cos we nicked your manager, it's amazing that you've become one of my favourite posters.
Stadt Posted 3 December 2019 Posted 3 December 2019 24 minutes ago, Nalis said: Newcastle? Big metro area but the city itself has a relatively small population. Population statistics are a bit of a nightmare, really semantic.
Dorkingfox Posted 3 December 2019 Posted 3 December 2019 9 hours ago, Sly said: Are Leicester City a sleeping giant? Are we a big club in the making ..... Financial accounting for a football club must be a nightmare, as I’m not sure how you value your assets, such as players. Some dodgy accounting goes on I’d guess! Ultimately turnover gives you a feel for the size of a club. Unfortunately just because you’ve had historic success, doesn’t mean you will again. Sunderland have won as many titles as Chelsea! Sheffield Wednesday, Leeds, Derby, Huddlesfield, Blackburn, Preston and Burnley, have all won more top tier titles than Leicester. Big club elite-ism is just media perception. As a player, looking to join a club, how do you judge the intangible things like culture, morale etc Why would Brendan or any other player want to leave? Is any other club more / less likely to be successful than us? Just a few facts on each club: Arsenal Owner: Stan Kroenke Walmart Owner Worth: $9.7b Capacity: 60,704 Turnover £403m Profit before tax: £70m Squad value: £615.38m Aston Villa Owners: Nassef Sawris / Wesley Eden’s Fortress Investment Worth: $9.2b Capacity: 42,095 Turnover: £64.6m Profit before tax: £32.2m loss Squad value: £171.90m Bournemouth Owner: Maxim Denim Petrochemicals Trading Worth: $700m Capacity: 11,364 Turnover: £135m Profit before tax: £11m loss Squad value: £300.83m Brighton HA Owner: Tony Bloom Online Gambler / Property Worth: $1.7b Capacity: 30,750 Turnover: £139m Profit before tax: £12m Squad value: £195.39m Burnley Owner: Mike Garlick Michael Bailey Freight Associates Worth: $80m Capacity: 21,944 Turnover: £139m Profit before tax: £45m Squad value: £178.88m Chelsea Owner: Roman Abramovich Oil / Steel industry Worth: $12.9b Capacity: 40,034 Turnover: £448m Profit before tax: £30m Squad value: £726.3m Crystal Palace Owner: Steve Parish Tag Worldwide Investment Worth: $3.9b Capacity: 24,486 Turnover: £150m Profit before tax: £36m Loss Squad value: £212.90m Everton Owner: Farhad Moshiri Steel and Energy Worth: $2b Capacity: 39,414 Turnover: £145m Profit before tax: £13m loss Squad value: £455.4m Leicester City Owner : Srivaddhanprabha Family King Power Group Worth: $5.9b Capacity: 32,261 Turnover: £159m Profit before tax: £2m Squad value: £369.23m Liverpool Owner: Fenway Sports Group Worth: $2.7b Capacity: 53,394 Turnover: £455m Profit before tax: £125m Squad value: £965.03m Manchester City Owner: Monsour Bin Zayed Al Nayhan Abu Dabhi United Group Worth: $22b Capacity: 55,017 Turnover: £500m Profit before tax: £10m Squad value: £1.15b Manchester United Owner: Glazer Family First Allied Corporation Worth: $4.9b Capacity: 74,872 Turnover: £590m Profit before tax: £26m Squad value: £677.93m Newcastle United Owner: Mike Ashley Sports Direct Worth: $2.8b Capacity: 52,304 Turnover: £178m Profit before tax: £32m Squad value: £246.22m Norwich City Owner: Delia Smith / Michael Wynn Jones Good industry / Publishing / Poultry Worth: £30m Capacity: 27,359 Turnover: £33.7m Profit before tax: £38m loss Squad value: £109.44m Sheffield United Owner: Abdullah Bin Musa’ed Saudi Manufacturing Co Worth: $255m Capacity: 32,125 Turnover: £20m Profit before tax: £1.9m loss Squad value: £82.31m Southampton Owner: Gao Jisheng Lander Sports Development Worth: $4b Capacity: 32,384 Turnover: £153m Profit before tax: £35m Squad value: £213.30m Tottenham Hotspur Owner: Joe Lewis / Daniel Levy Currency Trading Worth: $6.2b Capacity: 62,062 Turnover: £381m Profit before tax: £139m Squad value: £885.6m Watford Owner: Gino Pozzo Investment Worth: $120m Capacity: 22,200 Turnover: £138m Profit before tax: £22m loss Squad value: £212.72m West Ham United Owners: David Sullivan / David Gold Daily / Sunday Sport & Gold Group Worth: $1.9b Capacity: 60,000 Turnover: £175m Profit before tax: £18m Squad value: £313.88m Wolverhampton Wanderers Owner: Guo Guangchang Fosun International Worth: $5.9b Capacity: 32,050 Turnover: £26.4m Profit before tax: £55m loss Squad value: £300.38m Not certain how the Chelsea squad can be worth more than double the Foxes?
Dorkingfox Posted 3 December 2019 Posted 3 December 2019 3 hours ago, henrik_62 said: Your modern day footballing franchises really, "big clubs" if the term even means anything anymore simply due to someone pumping millions into them and then marketing them well around the world. History that has been bought essentially. If I were a Leicester fan I wouldn't swap your one premier league win for a 100 of Chelsea and Man City's as it flew in the face of all that is wrong with modern football today and it was the mark of proper history and has set your club on an upward trajectory in terms of ambition, potential and exposure for all the right reasons. A sleeping giant to me is a club with a rich history, fairly sizeable and passionate fanbase, who are underperforming but retain the potential to be one of the top sides again, someone like Aston Villa would spring to mind. The thing is though, a lot of these clubs will never reach the halcyon days of their glory years again, football moves too fast these days. Leicester I'd say are definitely not a sleeping giant but more a club on the up and a club making their own history in a refreshing way, far removed from clubs who seek to manufacture history and success through spending power only. I'm loathed to even use the term big club nowadays as I believe by it's very definition it's antiquated and irrelevant. I'll use my own club as an example, in terms of fan base, global exposure and presence, honours we are a massive club. However, football has changed so dramatically that the aforementioned is less relevant as success and potential now is more strongly correlated to finance and the environment in which you play (or trade) in. Bournemouth being the example, you could go on all day saying Celtic are a bigger club than Bournemouth, of course they are, at least according to the antiquated criteria of a "big club", but in reality that all means nothing when despite playing in front of 16000 fans every week, never winning any trophies, never playing European football, 99% of players would choose to join Bournemouth ahead of Celtic for well understood reasons. Sounds comments
Guest An Sionnach Posted 3 December 2019 Posted 3 December 2019 Bournemouth , Poole , Christchurch is a very big conglomeration about 400,000 people so why they continue to use a tiny stadium I just don't know . It must lose them a fortune in gate money. Big clubs have big stadiums and the sooner we increase capacity to 40,000 the better.
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