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Summary of non-mainstream articles: 15/03/2017 08:39:51
| | Tottenham v Southampton | Tips & Odds | 19/03/2017BWINBETTING |
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|| Dropped after poor form, should Everton, Southampton take risk on Ruben Semedo?HEREISTHECITY |
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Tickets for #SaintsFC’s trip to face #WBA next month are now on sale to all Season Ticket holders: http://sfcne.ws/WBAA080417
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The Ugly Inside News for Southampton
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| Saints Reveal That It Isn’t Just Transfers That Cost Money ! | The average football supporter judges his club by balancing transfers fees received by how much is paid out, but as … 15-03-2017 |
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Saints are confident that the final phase of the redevelopment of their Staplewood training ground will not take the project beyond the £40m mark.
Chief executive Gareth Rogers estimated that figure two years ago, and is sticking by it as the club plan the third and final part of the renovations – a permanent new home for the club’s academy.
He said: “When we spoke two years ago we estimated around £40m and it probably will be at that £40m mark.
“If it goes a tiny bit over then so be it, but we are talking £1m here or there. It might be a tiny bit under that.
“We are in the planning phase and looking at what we need to do, how we need to build it, how do we future proof it so we don’t have to build it again.
“Yes we have a budget and we don’t expect it to go significantly over what we set two years ago because that is how the business is run now.”
Saints have made significant investments in a range of things away from the first team, including growing their staffing numbers to 334.
“The players are the things people focus on, but purely from a staffing perspective, our staffing levels have gone up I think 80 permanent contracted staff in the last year,” explained Rogers. “That is a significant investment and they are in every facet of the club.
“With Virgin Media we have put investment into our fan hubs, the training ground continues to develop and now we are in phase three.
“The website is a quantum leap forward from where it was before and we all know we were in a contract that was difficult to get out of and pre-dates my time at the club.
“That was no small investment. I think that was £1.8m in total and the infrastructure investment in the system of the clubs. The retail system will come online with the new website and the ticketing system will develop and grow.
“We want to put our fans, our customers, our partners, at the heart of what we do. That takes time and investment.”
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In amongst 46 pages of facts and figures, numbers and forecasts, one total stands out above all others: £93.5m.
Without question it is the biggest takeaway from the 2015/16 accounts of St Mary’s Football Group Limited, which incorporates Southampton Football Club.
It proves, once and for all, that Saints have been investing in their playing squad.
Transfer fees are often undisclosed, and wages seldom ever revealed, which has meant that during a period of heavy player trading over the past few years there has inevitably been speculation as to just what has been won or lost by Saints.
The general accusation is that they have raked in cash from player sales, and then failed to reinvest.
These audited accounts submitted to Companies House well and truly address the hot topic.
The table printed below replicates what Saints have produced.
It rolls back to the start of the 2013-14 season and a huge net spend.
It continues over a period of four seasons, including the forecast for the current campaign.
It shows Saints have brought in £175.1m in player sales during that time, and spent out £220.2m in purchases. That is a net spend of £45.2m They also throw into the mix the rise in player wages, which have gone up a staggering £48.4m over the four seasons in question.
It leaves the total investment at £93.5m.
There will be those who still feel it is not enough, but it does at least answer the question once and for all as to what has been going on.
Chief executive Gareth Rogers explained: “If you go back to the 13-14 season to the current day we have spent just over £40m more on players than we have taken in. Once you take out contingencies, sell-on fees etc, we have invested more than £40m.
“In addition to that the wage bill has gone up just under £50m since we came back to the Premier League.
“Overall you are looking at a £94m investment over a four year period.
“Yes there is the common belief that we don’t invest. I sit here and don’t agree with it and the figures are audited, they are there, they go out into the accounts and people make their own minds up as they will.
“We are confident we are doing the right thing, we invest, and, ultimately, we have to do the right thing for Southampton Football Club.
“We believe we have solidified a lot of contracts this year, the wage bill as is in the accounts is expected to rise somewhere between £15m-£17m depending on final bonuses etc, and that’s only testament to the work of the club and what we are able to attract and move forward.”
Rogers is adamant that the club will not return to the days of administration and their finances being in tatters, and defended the spending on the team.
“There is a misconception about this never ending pot of broadcast money,” he said.
“The club itself has expanded and with that broadcasting money comes obligations from the Premier League.
“People won’t see it but we put 4k cable in around the stadium because it was a Premier League regulation. That didn’t come cheap in the last year. That was close to a £1m investment.
“We had to put floodlighting in that was a Premier League regulation that was a £1m investment.
“The Premier League doesn’t just dish out this money and say ‘carry on as you are.’ You have to meet the broadcasting obligations that come with that.
“When you ask ‘is it enough’, you look at our performances over this time and we finished eighth, we finished seventh, we finished sixth, we have been promoted, we are looking to push back into the top half of the table this season, we have had a Wembley appearance, we continue to develop.
“Yes, you could say ‘have we invested enough’ but that’s an opinion. Our feeling is that if you look at the investments we have made it’s a significant number. It’s £90m over four years.”
Rogers can certainly point to a number of encouraging signs in the accounts.
Turnover was up to £124.3m (from £113.7m), despite the new TV deal not kicking in until this season and player wages rising.
Commercial revenue leapt 21 per cent, there was a stronger balance sheet thanks to contract extensions with net assets increasing to £45m. There was also a £4.9m profit, though as Rogers admitted the fickle nature of football transfer accounting does make it a hard yardstick to judge by.
On top of all that, Saints have six partner academies about to launch in the US, meaning further revenue streams about to open up, as well as expanding their brand into a huge potential market.
There are a couple of items in the accounts that raise an eyebrow.
The first is the dramatic increase in player wages. They grew four per cent in the year to June 2016 to £67.2m, and are forecast to rocket 24 per cent this season to a whopping £83.6m.
Rogers explained: “The player wages to turnover ratio for the 14-15 season was 57 per cent. We have reduced that a little bit to 54 per cent with the commercial growth we have brought on board because of course wages haven’t gone down into the current year, they have gone up.
“The next year whilst the player wages are going up significantly we have managed to arrest that growth of wages to turnover even more and that will be down to 48 per cent.
“You have to remember it is always a little bit of a false figure because the broadcasting income stays broadly similar for three years but wages grow during that three year cycle, so you end up with this step growth in wages with a flat broadcasting income. Then the broadcasting income jumps again and you get the step again.
“You will probably see over the next three years that the wages to turnover will grow over the cycle, then fall again for the cycle, then grown again, then fall.”
Rogers, who insisted that confidentiality agreements means he is unable to discuss the reports of potential outside investment in the club, did also agree that the debt level at the club is too high.
Though it is manageable, Saints had to borrow to offset the losses such as those suffered in the transfer market in 2013-14.
Katharina Liebherr has also loaned money, and the accounts have thrown up the option for her to be repaid £11m this year.
“When we spoke two or three years ago we always said the level of debt was going to grow in order to arrest the cash outflows happening within the business, we had to do that, we had to stabilise the club, to make it sustainable and grow the revenue to how the club was going to develop going forward,” explained Rogers.
“At some point in time when we spoke back then we had to arrest that level of debt.
“We can’t continue with the level of debt the club has compared to its turnover. It’s not healthy, it’s not right for the club to continue to operate with a £62m debt level.
“Next year we will end up with turnover much higher than at the moment because of the new broadcasting contracts, but it’s too high and not healthy for the club to continue with that going forward.
“However we reduce the debt, and whoever that debt is reduced against, we can’t continue that moving forward.”
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Summary of non-mainstream articles: 15/03/2017 10:40:12
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...concludingly instigated by Optimus trousers...beta v1.9 - now with EXTRA pictures!| Top 10 best tacklers in the Premier League: Everton star top; Tottenham man eighthHEREISTHECITY |
| Sourced from Southampton FC - Official Site article
St Mary’s Football Group – 2015/16 financial results
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The directors are pleased to report another period of positive financial performance, achieving profit for the year, after taxation, of £4.9m, whilst net assets increased to £45.0m.
Turnover improved significantly to £124.3m (2015: £113.7m) with commercial and match day turnover reaching £31.1m, the former up 21% on the previous year.
The group’s strategy has been to strengthen and maintain a competitive first-team playing squad in order to compete in multiple competitions, whilst simultaneously strengthening the overall operation of the club, through investment in its non-playing staff and infrastructure.
The Academy talent pipeline remains strong and there is a continued focus on the principle of developing young players and incorporating them into a successful first-team squad, as witnessed by ten Academy graduates playing first-team football in the 2016/17 season.
Significant investment has been made in the playing squad, with record transfer fees being paid to help grow the first-team squad and provide greater depth. Furthermore, the club has focused on establishing a core group of players on longer-term contracts.
The spend on player purchases and increases in player remuneration, offset by the cash inflow from player sales, saw a net cash outflow of £20.1m for the year, with a further net cash outflow of £22.7m forecast for the 2016-17 season.
Given this level of investment made during the year, the fact that debt levels have not increased correspondingly underlies the sound financial position of the group and is a reflection of its robust financial planning.
“The group’s financial position continues to go from strength to strength, with a year-on-year increase in profit before player trading, growth across all revenue streams and costs remaining well controlled.
“Debt levels have stabilised and it remains the group’s intention to reduce its debt profile over the next three years, whilst continuing to invest in both football and non-football infrastructure, laying the foundations for future successes.”
Gareth Rogers, Chief Executive Officer, added:

“During the financial year the club has continued to grow in respect of on-field results, strength of squad, financial position and internal infrastructure. Indeed, it’s this internal infrastructure, in particular the club’s outstanding staff, that has been the backbone of our growth.
“We keep on striving to turn potential into excellence in every facet of the organisation and these financial results provide a stable platform to continue on our pathway.
“The 2015/16 season was a great one for everyone involved with Southampton Football Club. A sixth successive season of improvement saw us achieve a record points tally and our highest ever Premier League position of sixth, culminating in qualification for the Europa League group stages.
“Our recent EFL Cup final has given everyone at the club a real sense of the potential we can reach when working together as a team, and we will use that experience to push ourselves forward as we fight to finish as high as possible in the league table.”
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#OnThisDay in 2014, @SamGallagher40 netted his first #PL goal in #SaintsFC’s 4-2 success over #NCFC at St Mary’s: https://grabyo.com/g/v/JHUvKUXykwo
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Rogers pride in commercial growth
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One of the standout achievements to come from an encouraging set of Saints accounts is the growth in the club’s commercial revenue.
Chief executive officer Gareth Rogers does not subscribe to the commonly held belief that because broadcasting revenue is so high in the Premier League that the club simply shouldn’t bother too much about their commercial growth. Instead, he has targeted it as a priority.
The period up to June 2016 – before deals with the likes of Under Armour and Virgin Media even kicked in - showed a 21 per cent rise in commercial revenue to £12.2m.
“We were in a position where the commercial revenue if you take out ticketing etc was almost non-existent,” insisted Rogers. “Yes, there were partners and things but we had to get out and seek partners and put them in place, the likes of Virgin, Under Armour and Garmin.
“They have been a real credit to the business and been great to attract.
“The majority of the Premier League has the likes of beer brands, betting brands, payday loans etc. We don’t want to be the type of business where that is sitting on our shirts.
“This is only the start of the journey.
“You can talk about the Premier League being global but we have to stay true to who we are to go global.
“We are not going to be a club that just goes round the world creating revenue while forgetting where we came from and what we achieved. The charm and the selling point of the club is who we are, the academy, potential into excellence.
“That is what people want to hear and that’s what’s different to other clubs.”
He added: “Is it right for us to always rely on broadcasting income? We have to rely on that significantly but we don’t want that to be our sole source of income. We want to supplement that to become more competitive.
“Something levelled at many football clubs is that you have the broadcasting income and so you don’t need to worry about commercial income as it is so small.
“Well actually everybody has the broadcasting income and the difference between the top and the bottom is not that great in the spread in the Premier League.
“Therefore, your competitive advantage comes from being able to have greater commercial income.”
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#SaintsFC’s @JasonMcCarthy32 and loan club @WFCOfficial’s six-game winning run at home came to an end last night: http://sfcne.ws/JMCLWMarch
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Gabbiadini looks to Quinn and Costa record
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Southampton striker Manolo Gabbiadini will be looking to join an exclusive list of Premier League players when Saints visit Tottenham Hotspur on Sunday.
As a full fixture schedule returns, Romelu Lukaku will also be looking for a slice of Everton history before Matchweek 29 rounds off with the battle of the running machines.
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Ward-Prowse: I’m always learning
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Saints have switched to a 4-2-3-1 with Ward-Prowse on the right side of the three in midfield, something which has come to fruition with two away wins in succession.
And after longer time in between fixtures than earlier in the campaign, the England Under-21 international is always looking to develop.
“We did well to adapt to playing every three days. We have to use this time to regenerate and get some rest in ahead of what’s going to be an important end to the season and a very busy one,” reflected Ward-Prowse.
“The new position has been good. It’s a different role for me but I think it’s positive as I’m learning a new positon and the manager has put faith in me to play there.
“I’m learning all the time in each game which is important and I feel like I’m growing into the role.
“It’s been nice to get a good run in the team.”
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Which Prem goalkeepers have made the most saves so far? Hint, it’s not De Gea or Courtois
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WHICH Premier League goalkeeper has made more saves than any other so far this season?
“David De Gea is still very impressive between the sticks but is ranked 13th on the list”
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David De Gea is still very impressive between the sticks but is ranked 13th on the list.
Thibaut Courtois has improved since last season and is placed even lower.
Which goalkeeper beats both Manchester United and Chelsea shot-stoppers?
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Summary of non-mainstream articles: 15/03/2017 12:40:42
| | Club legend happy with this Southampton star | FutnSoccerFUTNSOCCER |
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Boufal in latest Morocco squad
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Southampton’s Sofiane Boufal has been named in the Morocco squad for their March fixtures against Burkina Faso and Tunisia.
Coach Hervé Renard has selected a 25-man squad for the two friendly games, which will both take place in Marrakesh.
Boufal, who had to miss the Africa Cup of Nations earlier this year through injury, has been included in the list.
Morocco take on Burkina Faso on Thursday 23rd March before then welcoming Tunisia on Monday 27th March.
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On The Fantasy Football Club: Former Arsenal star Perry Groves
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On The Fantasy Football Club: Former Arsenal star Perry Groves
Max, Rachel and Merse are joined by former Arsenal and Southampton winger Perry Groves on The Fantasy Football Club this Friday.
He will be revealing all on the time he spent playing alongside Merse at the Gunners, including why they both swapped wings to avoid playing against a certain tough-tackling full-back and how he found playing under George Graham.
Also on the show, there’s an unbelievable #One2Eleven from former Roma, Liverpool and AC Milan midfielder Alberto Aquilani.
The Italian also won 38 caps for the Azzurri so is bound to have a pretty special collection of players to choose from.
So join us for The Fantasy Football Club on Friday at 6pm on Sky Sports 1 HD
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Gareth Rogers on #saintsfc spending&other financial details. Links to related stories in here for a broader picture
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Summary of non-mainstream articles: 15/03/2017 13:40:56
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...luxuriously bred by Optimus trousers...beta v1.9 - now with EXTRA pictures!| Saints Reveal That It Isn’t Just Transfers That Cost Money ! - Southampton NewsTHEUGLYINSIDE |
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