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SwissRamble

@swissramble.bsky.social

Brit blogging about the business of football. You can find my detailed analysis at https://swissramble.substack.com/

23,468 Followers  |  327 Following  |  915 Posts  |  Joined: 15.12.2023
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Posts by SwissRamble (@swissramble.bsky.social)

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This is true, but it was still the second highest in the Premier League in terms of match day as a % of total revenue - and a big new club record with Β£154m.

09.03.2026 11:00 β€” πŸ‘ 17    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Liverpool Finances 2024/25 A Rush and a Push and the Land Is Ours

Much more in today's Liverpool blog, including impact of this season's record transfer spend, importance of Champions League qualification, growth in commercial and match day, lower debt, improving cash flow, PSR and comparisons against other clubs #LFC

swissramble.substack.com/p/liverpool-...

09.03.2026 08:17 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Liverpool's Β£53m profit from player sales was their highest in the last seven years and indeed their third best ever, so things have been improving here. Club said that it has made Β£105m this season #LFC

09.03.2026 08:17 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Liverpool’s wage bill rose Β£42m (11%) from Β£386m to Β£428m, a big new club record, which means that this has more than doubled in the last eight years. Like revenue, this is also the highest in England #LFC

09.03.2026 08:17 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Liverpool's revenue shot up Β£89m (14%) from Β£614m to a club record Β£703m, boosted by return to Champions League.

This is the highest in England, having overtaken Manchester City Β£694m, with Arsenal Β£690m and Manchester United Β£667m not too far behind #LFC

09.03.2026 08:17 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Liverpool returned to profitability last season, as they swung from a pre-tax loss of Β£57m to a profit of Β£15m, a significant improvement of Β£72m. The Reds are the only Premier League club to report a profit for 2024/25 to date #LFC

09.03.2026 08:17 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Review of Liverpool's finances for the 2024/25 season, when they won the Premier League, reached the last 16 of the Champions League and were finalists in the Carabao Cup #LFC

09.03.2026 08:17 β€” πŸ‘ 12    πŸ” 3    πŸ’¬ 1    πŸ“Œ 1

The blonde woman is Diana Dors. I'm not sure who the other woman is. The young guy is maybe Jack Wild or Davy Jones.

07.03.2026 22:50 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Triumphant gig by Morrissey at The Hall in Zürich tonight 😎

07.03.2026 21:38 β€” πŸ‘ 13    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

Depreciation charge has been around Β£70m for the last few years, of which Β£50m is for the stadium. That's based on a cost of Β£1.5 bln, so is around 3% a year. They could probably charge less, but it's in the right ball park (pun intended).

06.03.2026 15:42 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

That figure is from the UEFA report published last week, so needs to be confirmed when club accounts are published. As you say, includes around Β£70m depreciation.

06.03.2026 12:56 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 3    πŸ“Œ 0
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West Ham Finances 2024/25 What Was That

Much more detail in today's West Ham blog, including an explanation of the club's "liquidity shortfall" and the potential impact of relegation. Also comparisons with other clubs and, of course, PSR #WHUFC

swissramble.substack.com/p/west-ham-f...

05.03.2026 09:07 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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West Ham spent Β£133m on player purchases in 2024/25, which means they have splashed out a hefty Β£441m in the last three seasons, nearly twice as much as the Β£226m outlay in the previous 3-year period #WHUFC

05.03.2026 09:07 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Despite the revenue decline, West Ham continued to invest in the squad, so wages rose Β£15m (9%) from Β£161m to a club record Β£176m. After remaining at much the same level for many years, wages have shot up by Β£39m (29%) in the last two seasons #WHUFC

05.03.2026 09:07 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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West Ham’s revenue fell from the previous season’s club record Β£270m to Β£228m, due to being less successful on the pitch, which meant a lower position in the Premier League, while the previous season benefited from participation in the Europa League #WHUFC

05.03.2026 09:07 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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West Ham swung from a Β£57m pre-tax profit to a Β£104m loss in 2024/25, the worst result in the club’s history.

This was largely driven by profit on player sales falling Β£76m from Β£96m to Β£20m, while revenue also dropped Β£42m (16%) from Β£270m to Β£228m #WHUFC

05.03.2026 09:07 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Review of West Ham's accounts for the 2024/25 season, when they finished 14th in the Premier League, which the club described as β€œultimately disappointing” and β€œbelow expectations” #WHUFC

05.03.2026 09:07 β€” πŸ‘ 9    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

There are almost certainly bonuses already built into existing sponsorships, while a win would make AFC a more attractive prospect for future deals. Also helps in recruitment of new players. OTOH would lead to higher bonus payments.

02.03.2026 10:52 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Yes, this is Arsenal Broadband Ltd, where Arsenal and KSE both own 50%. Smallish Β£1.7m loss last season. Don't really know why it loses money.

02.03.2026 09:56 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Due to the equitable distribution on TV money in the Premier League, not much difference there. Could earn up to €149m if win the Champions League, but already got €117m last season for reaching the semi-finals.

02.03.2026 09:52 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Arsenal Finances 2024/25 Houses In Motion

Much more detail in today's blog, including impact of Champions League money, commercial growth, high match day income, massive rise in other operating expenses, high transfer spend, debt, owner funding, PSR and comparisons with other clubs #AFC

swissramble.substack.com/p/arsenal-fi...

02.03.2026 08:32 β€” πŸ‘ 14    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0
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Arsenal continued to heavily invest in their squad, leading to a Β£19m (6%) increase in wages from Β£328m to Β£347m, another club record. Now 4th highest in the Premier League, around the same level as Chelsea, but still a fair way behind Liverpool and Manchester City #AFC

02.03.2026 08:32 β€” πŸ‘ 7    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Arsenal’s revenue growth in the last three years has been very impressive, as income has surged by a massive Β£321m (87%) from Β£369m to Β£690m, easily a new club record, with highs in all three revenue streams #AFC

02.03.2026 08:32 β€” πŸ‘ 7    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Arsenal have now lost money seven years in a row, though losses have reduced following the return to the Champions League. In fact, last season’s loss was the club’s best result since 2017/18 #AFC

02.03.2026 08:32 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Arsenal’s pre-tax loss significantly reduced, falling from Β£18m to just Β£1m, so they effectively broke-even. Revenue shot up Β£76m (13%) from Β£614m to Β£690m, while profit from player sales increased from Β£51m to Β£81m, partly offset by higher operating expenses #AFC

02.03.2026 08:32 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Review of Arsenal's financial results for the 2024/25 season, when they once again finished second in the Premier League and reached the semi-finals of the Champions League #AFC

02.03.2026 08:32 β€” πŸ‘ 23    πŸ” 5    πŸ’¬ 2    πŸ“Œ 0

πŸ‘πŸ‘

27.02.2026 23:27 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

To quote Talking Heads, β€œAnd It Was” πŸ˜‰

27.02.2026 21:36 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Isn’t it just πŸ‘Š

27.02.2026 21:34 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Absolutely brilliant gig from David Byrne at The Hall in ZΓΌrich this evening. Great mix of Talking Heads songs and his solo work πŸ”₯

27.02.2026 21:19 β€” πŸ‘ 17    πŸ” 1    πŸ’¬ 3    πŸ“Œ 0