Yep, TV money is what makes CL so profitable though, and that's peanuts in EL.
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The Financial Situation (80 Viewers)
- Thread starter ReBeL
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While the EL financial prize money is no where near the prize money earned from a quarterfinals trip in CL, what it comes down to is our budget. We created a budget with a "goal" of reaching a specific place in the CL, be it quarterfinals or semifinals or what have you.
Getting knocked out early costs us the financial difference in money of quarterfinals (if that is indeed our goal in the budget) - group stages = loss of prize money. However, that prize money can be made up from EL performance money. However, to push for us to do good in EL by saying the prize money is about equal is just insane. We will lose money on this, no doubt, but only the difference from where we thought we'd get to where we ended up getting (group stage).
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Now post the difference between EL and CL in TV revenue.
Getting knocked out early costs us the financial difference in money of quarterfinals (if that is indeed our goal in the budget) - group stages = loss of prize money. However, that prize money can be made up from EL performance money. However, to push for us to do good in EL by saying the prize money is about equal is just insane. We will lose money on this, no doubt, but only the difference from where we thought we'd get to where we ended up getting (group stage).
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Now post the difference between EL and CL in TV revenue.
CL money depends on where milan and napoli end up (hopefully, EL)
Last year we had 63 mil. This year, probably ~15-20 mil less
Europaleague : Not excellent
look at this http://www.uefa.com/MultimediaFiles/Download/uefaorg/Finance/01/84/05/88/1840588_DOWNLOAD.pdf
basically, winning the thing could net us 5-8 million, considering milana nd napoli will go straight out, and not sure about fiorentina
Last year we had 63 mil. This year, probably ~15-20 mil less
Europaleague : Not excellent
look at this http://www.uefa.com/MultimediaFiles/Download/uefaorg/Finance/01/84/05/88/1840588_DOWNLOAD.pdf
basically, winning the thing could net us 5-8 million, considering milana nd napoli will go straight out, and not sure about fiorentina
30+ mil ? For two rounds ? No man
We had 63 mil last year, and its gonna be 40ish this year
COnsidering the pdf i linked above from a few years back, EL could see us net 4-8 mil in tv pool share
So IF we wil the EL, we'd be talking about a loss of 10-20 million in European competition related revenue
But as Delpiero84 pointed out, there is the higher wages and amortisation
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Yeah, its all hard to find precise numbers on that.
Its in juve's best interest if milan and napoli get eliminated tonight
We had 63 mil last year, and its gonna be 40ish this year
COnsidering the pdf i linked above from a few years back, EL could see us net 4-8 mil in tv pool share
So IF we wil the EL, we'd be talking about a loss of 10-20 million in European competition related revenue
But as Delpiero84 pointed out, there is the higher wages and amortisation
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Yeah, its all hard to find precise numbers on that.
Its in juve's best interest if milan and napoli get eliminated tonight
Exactly. So, while we spin the fact that the prize money is near equal, we're talking possible losses of 15-20m of CL TV money. Though, I think a more accurate figure would be 30-40m lost.
Just use somebody who took third in a group stage last year as a comparison for financial income from EL television money to CL and you'll see what I mean. Chelsea earned near 10m in EL television money and they won the thing. That's the difference I'm talking about.
Just use somebody who took third in a group stage last year as a comparison for financial income from EL television money to CL and you'll see what I mean. Chelsea earned near 10m in EL television money and they won the thing. That's the difference I'm talking about.
