₦airaland Forum

nellybadas:
Football is big business in abroad.

sureteeboy:
Thread title says profit, yet the content says revenue. Is revenue the same thing as profit?

sureteeboy:
Thread title says profit, yet the content says revenue. Is revenue the same thing as profit?

mubbyzhe:
On December 31 2018, Chelsea fc announced a new record for revenue generated throughout last season and profit which totaled a whopping sum of £443.4m, which stands at an increase to the previous fiscal year by £82.1m, a 22.7% increase compared to previous season (2016/17 was a record of £361.2m revenue, with £16m in profit) and a profits of £62m. This will be the fourth time Chelsea fc will be recording profit after an unsurprising loss of £140m in 2005 since the Abramovich era.

Breakdown of how Chelsea made their revenue
Broadcast /TV Revenue – £204.1million (2016/17 was £162.4m)
Player sales – £113m (from 21 players, mostly academy players, including Diego Costa to Atletico Madrid at £53m and Nemanja Matic to Man. Utd at £40m)
Commercial revenue - £172m (£140m previous year)
Match day ticket sales revenue - £74.6m (£66m previous season)

However, the bogus financial figure is indebted to revenues made from Europe which is Champions League or Europa League.


https://sportinomics..com/2019/01/break-down-of-chelsea-recorded-profit.html?m=1

Compliant:

Go back and read the content well

sureteeboy:
I read it all over before posting at all. No specific figure was given as profit in the article, only revenue. Yet, the thread's title was all about profits

Compliant:
i doubt you did

revenue = £443.4m

profit= .....?

read and feel the gap

sureteeboy:
Lol. Just in case you didn't know. You'll still have to subtract expenditure from revenue to get the profit figure. Where's the total expenditure stated in that article?