jose - soccer

Manchester United’s dominance of English football, on and off the pitch, is underlined today with the release of a financial survey that shows a £45m leap in United’s year-on-year income. Thanks in large part to last season’s Premier League and Champions League double, United’s turnover grew by 21 per cent in the 2007-08 season to £257.1m. This makes United by far the highest-earning club in Britain, ahead of Chelsea (in second place, with income of £212.9m in the same period), Arsenal (£209.3m) and Liverpool (£167m).

The figures are revealed in the latest Football Money League report by Deloitte, in a survey that shows Real Madrid remain the world’s richest club in terms of revenue, ahead of United in second, then Barcelona, Bayern Munich and Chelsea. Only a drastic slump in the value of sterling has prevented United from reclaiming the title of “world’s richest club” from Real. Real Madrid’s income for 2007-08 rose a relatively modest four per cent to 365.8m euros, or £289.6m when converted at the June 2008 exchange rate of £1 = 1.2632 euros. United’s income at the same rate equated to 324.8m euros. But sterling has crashed significantly, and if Deloitte had used the same exchange rate as in their previous report (£1 = 1.4856 euros, from June 2007), United’s latest income would have been 381.9m euros against Real’s 365.8m euros.

One of the most intriguing aspects of today’s report is that Deloitte, rather than the clubs themselves, has become the vehicle of choice for headline income figures to be released. United will provide more details of their results in due course, including data on large profits, but Chelsea are expected to remain conspicuously quiet this week about their own results. A press conference and briefing, scheduled for Friday, has been indefinitely shelved, and it is understood that this is partly because of the sacking of Luiz Felipe Scolari. His pay-off, of around £7.5m, would not have been in the 2007-08 accounts but would have prompted embarrassing questions about Chelsea’s huge and ongoing losses.

An annual loss of £74.8m in 2006-07 on turnover of £190.5m meant the club had posted cumulative losses of £384m in four years. Haemorrhaging of money at such levels has always heaped ridicule on the long-standing claims of Chelsea’s chief executive, Peter Kenyon, that the club can break even by 2010. Yet further losses in the tens of millions are expected in the 2007-08 figures. And combined with the latest change in manager and wobble in form (and the financial ramifications of both) any suggestions of financial self-sufficiency soon are hollow jokes, as, increasingly, are Kenyon and Roman Abramovich themselves.

As the Deloitte report points out, Chelsea’s annual income growth of 12 per cent (£22.4m) in 2007-08 was driven mainly by increased TV cash, “but the club needs new successes with its match day and commercial revenues to deliver future growth and keep pace with its biggest European rivals.”

1 (1) Real Madrid £289.6m
Real Madrid's 4 per cent revenue growth is more modest than recent years, but the club have doubled their revenues since 2002

2 (2) Manchester United £257.1m
Manchester United's success in winning the Premier League and Champions League has contributed to significantly-increased revenue in 2007/08, but the depreciation of the pound against the euro means they remain in second position.

3 (3) FC Barcelona £244.4m
Barcelona's revenue increased by only 6 per cent.

4 (7) Bayern Munich £233.8m

5 (4) Chelsea £212.9m
Chelsea enjoyed a rise of 11.5 per cent.

6 (5) Arsenal £209.3m
Arsenal enjoyed a rise 18 per cent

7 (8) Liverpool £167.0m
Liverpool have gone up a place to seventh with a 25 per cent rise in turnover.

8 (6) AC Milan £165.8m

9 (11) AS Roma £138.9m

10 (9) Internazionale £136.9m

(source: independent.co.uk)

Inter is leading the league by one point over Roma going into the last game, but the club has had a clamorous end to the season after a series of faltering performances and dressing room clashes.
The Daily Telegraph says yesterday, the club's tailor, Domenico Brescia, 55, was revealed to be a convicted murderer who is close to the Crisafulli Mafia clan.
Brescia is also thought by police to be a cocaine dealer, and his conversations with several Inter players and Roberto Mancini, the manager, were recorded by investigators
The transcripts of over 2,000 phone calls between Brescia and Mancini, Marco Materazzi, Sinisa Mihajlovic and other members of the club were leaked. The vast majority of the phone calls were mundane and concerned tickets to matches, or alterations to clothes.
However, in one call Mr Mancini is recorded discussing Daniele Bizzozzero, a Mafioso associate of Brescia's who had fled to Monte Carlo and then Paris in a bid to escape the police.
"What happened to him," Mr Mancini is heard asking. "How was he arrested? I told him to stay [in Paris] and wait for a pardon."
Brescia then said that Bizzozzero was stupid, to which Mr Mancini replied: "He has always behaved well with me."
Questions were immediately raised about why Mr Mancini was discussing the fate of a criminal, and why he advised him to remain on the run. In other phone calls, Mr Mancini demanded "two coathangers" urgently and another Inter employee referred mysteriously to "packs of stuff" left in Brescia's car.
However, the police said they had no intention of prosecuting anyone at the club. The club cut all ties with Mr Brescia one month ago, when the full extent of his criminal past became known.
"We have only had commercial relations with Domenico Brescia," said a spokesman for the club. "He was our emergency tailor, seeing as his shop is very close to our Pinetina training ground. He has never been an Inter employee."
Brescia's lawyer, meanwhile, insisted he was close friends with several Inter players and had been visiting the training ground daily for 30 years.
The leak of the documents at such a sensitive time provoked a storm of outrage among Inter's fans, who insisted that the media was trying to unsettle the team.

Prior to football club Inter’s big match against Parma to win the scudetto, it was revealed that FC Inter players and managers had had phone conversations with known criminals tapped as part of an investigation into a drug dealing ring.

The Milan team’s former tailor, Domencio Brescia, is said to also be involved in cocaine deals, and has a record for murder and robbery to boot. Strange associations for the team who has always claimed to be the honest ones in the competition, especially after the "we was robbed" claims over the Juventus match fixing scandal a couple of years ago.

You might think the conversations between said tailor and club management would provide something juicy. But in one conversation between team manager Roberto Mancini and Brescia, they discussed trim cut trousers, team line-ups and a friend’s arrest in France (although a photo of a topless woman and mutual friend did change hands).
(source: tribalfootball.com, blogdolcevita.com)