TUESDAY, 20 FEB 2018

 

CONNECT

Facebook Linked In Twitter
PwC_02/02_23/02_728x90px
GloriaJeans_266x90px
IMH LTD

Syllouris: Cyprus Solution Exclusively Depends On Turkey Stance

Kouyialis: Cyprus Expects EU to Maintain Improved Direct Payments System In Future CAP

IMH LTD
PwC_02/02_23/02_468x60px

INTERNATIONAL

brought to you by CIPA

KPMG Report Presents Top Teams in Football Player Sales

KPMG Report Presents Top Teams in Football Player Sales

Within the context of its innovative sport advisory services, KPMG Football Benchmark - which provides in-depth analysis of the business performance of football clubs – KPMG presented last week the results of the Player Trading Game report.

The report examined the accounting treatment of footballers’ transactions for more than 150 football clubs for the 2014/15 and 2015/16 seasons. The top twenty European clubs are from five different leagues (France, Italy, Spain, Portugal and Germany) and are considered as “net sellers”. “Possibly unsurprisingly, no English clubs are included in the European Top 20 by player trading”, Andrea Sartori, KPMG’s Global Head of Sports stressed. “This is likely attributable to the profile and sizeable broadcasting income of the Premier League they enjoy compared to their European counterparts. Such features remove to some extent the necessity to leverage player trading activity”.

Among those who profited the most from player sales are the two Portuguese teams, Benfica and Porto with 65 million euro and 58.2 million respectively. On the other hand, teams which have invested more on reinforces, belong to a different group and are considered as “buyers” - Manchester United and Manchester City lead this group with -238.9 million euro and -171.9 million respectively.

Christos Vasiliou, Deputy Managing Director and Head of Advisory of KPMG in Cyprus, stated that “transfer spending is not expected to decrease soon, hence the long-term viability of these record-breaking transfers need to be continuously examined”. At the same time, Christophoros Anayiotos, Board Member and Head of Deal Advisory of KPMG Cyprus noted that “requests for sports advisory services are gradually growing”.

To access the full report, please visit the following link:

 https://www.footballbenchmark.com/

MORE ON INTERNATIONAL

Ikea Joins Big Clean Switch to Offer 100% Renewable Energy Tariff

Joint venture claims cheaper green power could save UK households £300 a ...

HSBC Profits Jump to $17.2bn on Asia Growth

HSBC has posted a pre-tax profit of $17.2bn (£12.3bn) in 2017, saying its focus on ...

KFC in UK Closing 900 Outlets

KFC has closed more than half of its 900 UK outlets after delivery problems meant they ...

FROM AROUND GOLDNEWS

   

Ikea Joins Big Clean Switch to Offer 100% Renewable Energy Tariff

Joint venture claims cheaper green power could save UK households £300 a year Ikea is calling for households to join its latest joint venture ...
   

Cyprus Records Deflation Of 1.5% in January

Cyprus recorded deflation of 1.5% on an annual basis in January, official data released on Monday 20 February show.   The Harmonized Price Index for ...
   

Kouyialis: Cyprus Expects EU to Maintain Improved Direct Payments System In Future CAP

Cyprus expects the EU to maintain the role of direct payments as a means of supplementing and supporting agricultural incomes during the revision of the EU ...
   

HSBC Profits Jump to $17.2bn on Asia Growth

HSBC has posted a pre-tax profit of $17.2bn (£12.3bn) in 2017, saying its focus on Asia was driving growth. The results represent a 141% jump on the ...
   

KFC in UK Closing 900 Outlets

KFC has closed more than half of its 900 UK outlets after delivery problems meant they ran out of chicken. Last week, the fried chicken chain switched its ...
   

Significant Distinctions for Louis Hotels on Tripadvisor

2018 began very positively for Louis Hotels as it achieved high scores for 20 distinctions through the popular travelling website Tripadvisor. In fact, three ...
   

TUS Officially Launches Its Direct Flights to Ioannina

The Cyprus-based TUS Airways: "The Ultimate Schedule" officially launched, on Friday the 16th of February, its new route from Larnaca to Ioannina. ...
   

Production in Construction up By 0.1% In Euro Area For December 2017

Seasonally adjusted production in the construction sector in December 2017 compared with November 2017, increased by 0.1% in the euro area (EA19) and by 0.6% ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Antifraud_30/01-14/03_300x250px
GloriaJeans_300x250px

IMH LTD