Football Club Accounts: Explained

Football clubs have historically been sources of entertainment and symbols of unity in local communities. Today, they are also businesses – and as businesses, they release accounts or financial statements once every year.

But financial statements can be hard to read, so we’ll show you how.

Written by Abhishek Raj. Illustrated by Henry Cooke.

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#Finance #Accounts

[Misoroche]

Could yall do a video about football medicals. Its origins and what normally consists of a player medical.

[Thesilentecho]

Business class explanation, Tifo as always.

[kakuite]

Tifo football, and Tifo IRL might help someone to get UEFA Pro Licesne one day. No joking. They're better than any teachers I've ever had. Absolute goldmine for footballing knowledge.

[iannar]

Let's us promote peace wherever we may be.🕊️

[evar]

Amazingly you can learn Accounting with TIFO football and master them in Football Manager.

[CowFish]

I came here to disconnect and forget about my studies for a bit and ended up watching a video about the exact thing I was studying.

[becksdennis]

Came from an Accounting lecture to watch this video, and as an American being so huge into football (⚽️) it’s interesting to learn a little bit about the business world in European football and see the similarities and differences in this structure and ours over here in the U.S.

[LFC]

How to read them:
With a heavy dose of skepticism

[mauricerrr]

The debt to equity ratio especially in Football Clubs doesn't tell you as much. If you own your own stadium your debt will be a lot higher than when you rent your stadium, as mortgages are included on the balance sheet but rent payments aren't. But in reality, you're as much dependent on your stadium if you rent it versus when you own it. Clubs with rented stadiums often look more financially healthy but in reality are not

[rothbardfreedom]

PSG's statement:
Income: 99.9% blood oil money
Costs: 99.9% salaries to mediocre midfielders who will be separated from the main group in 1 or 2 seasons.

[stephenbickerstaffe]

I work in finance in Luxembourg. Amazing that you guys cover stuff like balance sheets, haha. Keep it up.

[neby]

Great to see! Now “Business Essentials with JJ Bull ‘the Mallard’ and Jonathon ‘Dog’ Mackenzie” is the video I need next!

[annagoldman]

‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

[candymnz]

This was awesome, some might find the finances of football borring, but I find it fascinating. Well done Tifo, absolute top class!

[anirbandey]

Great video. New perspective to view a football club. Would love to see more analysis at a club level.

[Iron-Bridge]

As an elite Football Manager myself, this was wonderfully educational. 👏

[BDUK]

One thing - the profit and loss statement is not the most important.
The cash flow is.

Profit can be manipulated, cash cannot

[charlesray]

3:57 My favorite club has made another appearance on a TIFO video!! 🥳😎👍

[preciousadesina]

Im an accounting major in university and a huge man city fan so watching this was very refreshing and most of this was review but just explained in football terms which was pretty cool 🥶

[ahmet]

I would love to see a comparison video between Bayern München, Barca and Manu