How Much Bristol City Could Lose

Discussion in 'Bristol City' started by wizered, Mar 24, 2020.

  1. wizered

    wizered Ol' Mucker
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    How much Bristol City, Leeds United and other Championship clubs could lose during coronavirus suspension
    Clubs across England could lose millions of pounds while football remains off our screens until at least April 30

    Championship clubs are set to lose huge percentages of their revenue as games continue to be postponed due to the coronavirus outbreak.

    This much has been clear from the start, with clubs further down the football pyramid already showing signs of struggling. Scottish club Hearts have cut wages by 50 per cent and National League side Barnet have began to lay staff off.

    While Bristol City do have the backing of billionaire owner Steve Lansdown, they are not immune to hemorrhaging money while matchday revenue stands at zero.

    Football finance blogger ‘The Swiss Ramble’ has been detailing how much clubs could be set to lose on Twitter, with the likes of Leeds United and Sheffield Wednesday set to miss out on the most money.

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    Swiss Ramble @SwissRamble

    Based on average revenue per match multiplied by number of league games remaining, we can estimate the financial impact, e.g. £117m in the Premier League, ranging from £1m at Burnley and #AFCB to £17m at #MUFC. That’s quite a big hit even if it’s the smallest revenue stream.
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    The estimated £28m match day decrease in the Championship is obviously smaller, but it has more impact, as this stream represents a larger share of total revenue, e.g. 42% at #SWFC where the loss would be around £2m.
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    The blogger has calculated the percentage of total revenue that the matchday revenue makes up for from each club, using the latest accounts (either 2018/19/17/18 or in one case, 16/17).

    They have then calculated how much a team made per home game over the financial year and has looked at how much they could be set to lose with the remaining home matches postponed.

    n Bristol City’s case, matchday revenue accounts for 20 per cent of their total revenue and, according to the 2018/19 accounts, bring home £220,000 per home game.

    That would mean that if the rest of City’s home games this season were to be cancelled, they would be set to lose £1.1 million.

    City are around halfway up the table in terms of losses, with Aston Villa in their accounts from their year in the Championship losing the most (£3.1 million) alongside Leeds United (£2.3 million) and Sheffield Wednesday (1.9 million).

    When it comes to percentage of revenue, it’s the two Sheffield clubs who would lose out on the most money.

    Matchday revenue makes up 44 per cent of the Blades total revenue for their season in the Championship last year, while that figure stands at 42 per cent for Sheffield Wednesday.

    In total, Championship clubs could lose up to £28 million of their revenue over the course of the coronavirus suspension.

    The Swiss Ramble has also calculated the weekly wage bill at Championship clubs, with City’s standing at £589,000 per week (slightly lower than the league average).

    The Robins could be missing out on around two weeks worth of wages through their matchday revenue, and could have to make a decision on whether to cut wages as other clubs across British football are doing.

    The Bristol Bears have already cut all staff wages, but there is currently no word on whether their Bristol Sport counterparts will do the same.

    https://www.bristolpost.co.uk/sport/football/football-news/how-much-bristol-city-leeds-3977895
     
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  2. wizered

    wizered Ol' Mucker
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    That's a million down the drain then.
     
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  3. RedorDead

    RedorDead Well-Known Member

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    Or a million to prevent ex amount of people catching Covid 19.

    Glass is half full in this house.
     
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  4. wizered

    wizered Ol' Mucker
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    I agree with you 100%
     
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  5. AshtonRed

    AshtonRed Well-Known Member

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    Obviously money well spent , if you’ve got it. I wonder how many clubs will fold unless something is done to assist them.
     
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  6. johngalleyfan2

    johngalleyfan2 Well-Known Member

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    actually the figures are a bit on the wild side! they compare different seasons in different divisions and there doesn't seem to be a weighting factor attached. The comparison is £220,000 per game is lost .. assuming gates of 21000 at an average of £15 per person would equal gate receipts of £315,000 plus a lot of other bits to be added vip / boxes / etc would be close to £350,000+ so 5 games would mean a loss of £1.75 -£1.8m but this is not a loss as expenses would eat into it which may take the figure down to around £1.2m + other factors are whether finish top 6 or position in the league at final whistle ……
    however it does draw interest to the fact all clubs could lose something
     
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  7. RedorDead

    RedorDead Well-Known Member

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    Yeah @wizered what ever he said???
     
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: AFCB, MUFC, SWFC

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