Udine is a small city nestled between the Alps and the Adriatic Sea in the northeast of Italy, less than 25 miles from the Slovenian border.
The former manager of Italy is famed for his passion, but also possesses much tactical astuteness, as evidenced by previously leading Juventus to three consecutive Serie A titles.
Under his guidance, Chelsea are currently setting the pace and look a very good bet for the league title.
Of course, Chelsea are no strangers to making losses in the Abramovich era, as they have invested substantially to first build a squad capable of winning trophies and then to keep them at the top of the pile.
It is notable how much more money Chelsea make from player sales than their direct rivals, e. Although Tottenham, Liverpool and Southampton also generate substantial sums from transfers, this is more understandable, given their revenue shortfalls.
As well as the big ticket deals already mentioned, Chelsea have also made extensive use of the loan system with an incredible 35 players currently listed as being out on loan though I may well have lost count.
Although the club argues that this strategy is simply aimed at giving players experience, it is difficult not to believe that this is primarily a money making exercise. During the last five years the England U21 international has been loaned out no fewer than six times.
To get an idea of underlying profitability and how much cash is generated, football clubs often look at EBITDA Earnings Before Interest, Depreciation and Amortisationas this metric strips out player trading and non-cash items. This is obviously excellent, but they face three major challenges here in common with other English clubs: The leading clubs continue to grow their revenue apace, e.
The weakening of the Pound since the Brexit vote means that continental clubs will earn much more in Sterling terms, e. This is because they have used the figure from the holding company, Fordstam Limited.
The difference is entirely in commercial income.
On the plus side, Chelsea look to be fine on broadcasting and not too bad on match day income, though there is room for improvement in the latter category. Nevertheless, they earned more three clubs finishing above them Southampton, West Ham and Stoke Cityas the smaller merit payment was more than offset by higher facility fees for having more games broadcast live.
In fact, Chelsea actually earned the sixth highest in the Champions League, more than semi-finalists Bayern Munich, because of how the TV market pool works. Although some have played down the value of Champions League qualification in light of the massive new Premier League TV deal, it is evident that it is still financially beneficial.
It has thus become a major revenue differentiator against their domestic rivals with Chelsea earning substantially more than them in this period: The implication is that some of the commercial deals include success clauses, so the lower league place and failure to qualify for Europe bit hard.
This is partly due to their ticket prices, which, according to the BBC Price of Football survey, are the third highest in England, only surpassed by Arsenal and Tottenham. After a couple of false starts, including possible moves to Battersea Power Station, Earls Court and White City, the good news is that planning permission has recently been granted by Hammersmith and Fulham borough council to build a new 60, capacity on the Stamford Bridge site.
This will be a complex build with the plan being to dig down to lower the arena into the excavated ground, while the club will also need to demolish Chelsea Village buildings that surround the ground and build walkways over the two rail lines that flank the stadium.
The club is in discussions with the Football Association to play at Wembley as are Tottenhambut nothing has been decided. Playing staff, managers and coaches increased by 45 towhile administration and commercial staff were 59 higher at As a technical aside, note that these wage figures have been corrected when they have included exceptional items, e.
Other expenses exclude wages, depreciation, player amortisation and exceptional items. They cover the costs of running the stadium, staging home games, supporting commercial partnerships, travel, medical expenses, insurance, retail costs, etc.Giampaolo, now 74, bought Udinese in using money from his family’s tool-making business, which was sold in , allowing them to turn their attentions fully towards football.
Milan’s Business Plan – Costs. The most significant costs are those of the staff (going from € million to € mln) and those to be covered to enter the Chinese market (which will grow from €40 million to €89 mln).
The EBITDA (post rights players) should . In Italy, the Pozzo family provides an interesting example, according to KMPG Football Benchmark. The Italian family’s main quality over the years has been in identifying and acquiring young talent at Udinese Calcio, Granada CF – recently acquired by Chinese firm Desport – and Watford FC.
Giampaolo Pozzo. 1, likes. Giampaolo Pozzo è un impreditore (possiede la Casals di Barcellona e la Freud) noto al grande pubblico come Patròn. The Udinese way of survival 10/12/ by Greg Lea 4 I t would make for some team: Samir Handanović would keep goal behind a defence consisting of Mauricio Isla, Mehdi Benatia, Cristián Zapata and Kwadwo Asamoah.
In December , police searched both the home of Giampaolo and the offices of Udinese. “It’s not the first time for us to be under tax inspection,” he said.