Tag: financials
Football rich list
It is always interesting to read the Deloitte reports. They seem to highlight the significant, and growing, gap between footballs elite clubs and the rest.
Seven of the top ten clubs come from the English premiership. The top clubs even in this elite division are pulling away from the others.
https://www.deloitte.com/view/en_GB/uk/press-release/0966fd0057101210VgnVCM100000ba42f00aRCRD.htm
But there are still a large number of structural issues in the game.
Bookmakers still alive and well
William Hill came out with a year end statement today and the headline results were pretty good. Net revenue is expected to come in up 7% on the year delivering EBITDA of around £275m up from £258m in the prior year. Online revenue has grown 24% with sportsbook turnover up 57%.
One other note from the statement was that 47% of scheduled UK racing meetings were cancelled in December.
Full results will be out in late February. It seems traditional …
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