by Protheus Thu Feb 08, 2007 1:04 pm
bluenine wrote:Not true! Delloitte is a very respected consulting firm, and they have been publishing this report for over 12 years now - using the same calculation basis. I remmeber using their research in 1998 when I had written a paper on the same topic.
While Delloitte does not include some data like transfers (only coz much of this data is confidential information), it does give a very accurate indication of the financial health of the top clubs in europe. They have predicted many of these financial crisis quite accurately. However, while revenues should not be confused with bottomline, they are still the most important statistic when looking at a football club's future is concerned - coz Football club industry is in a growth phase in over 80% of the markets. Not using transfer data actually makes these figures more relevant for this purpose!
Protheus wrote:From time to time some study of the richer club in the world come by.
To be honest i never see one unbiased. They look like being contracted by someone who wants to display some economic aspect of the clubs.
They never use REAL accounting classifications like any major company.
They NEVER use all clubs, only the ones they want to give the spotlight.
So this one is just "one more" of the endless biased "economic studies".
Never said they were not a respected consulting firm. yes they have been publishing the reports for some years now but that doesn´t change the fact that they do not represent a concise evaluation of all the club accounting.
And yes they do not add all the data because of confidential information(thus not accurate already) and they only research certain clubs that they use as reference as they are well known and obviously rich but that doesn´t make it accurate.
Take Al-Itad for instance(sp?) they buy Figo thus their budget goes sky-high, i know it all depens how the numbers are registrated but that affects the accounting and they are very high numbers. Like Bekham or even the Galatico effect in Madrid (big spending countig on receiving big revenue from merchandising and sales-and this can be accounted in many ways too)
Thing is different clubs in different countries use different criteria. Some use debt in their favor, others register everything right away, others in the end of the fiscal year, others spread over a period of time....
Thing is you can´t accurate compare what is different to start with.
Now i agree it is peraphs the closest thing to a club rank in terms of CERTAIN aspects of the financial power, but it is not by all means an exact table.