Chelsea Announce First-Ever Profit Under Abramovich Ownership

Chelsea FC plc today announced a profit of £1.4 million for the first time in Roman Abramovich tenure as owner of the Premier League club.

The figures, for the year ending 30th June 2012, showed a record group turnover of £255.7 million, making Chelsea the fifth largest club in Europe in terms of revenue.

This follows the club winning the UEFA Champions League for the first time and the FA Cup for the fourth time in six years – in what was an historic 12 months both on and off the pitch. 

The £1.4m profit contrasts with a loss of £67.7m in the previous financial year and puts the club in a strong position to comply with UEFA Financial Fair Play criteria for the coming seasons. In order to compete in European competitions, these require clubs over a fixed period to achieve a break-even figure when expenditure is measured against the income from football-related activities.

The increase in revenues to £255.7m from the previous year’s level of £222.3m was in the main due to on-field success, especially in the Champions League. In addition, significant profits (£28.8m) were made in the transfer market. The club also enjoyed an uplift in revenues from commercial activities including new partners and merchandising.

The club also negotiated a deal with BSkyB to acquire its interest in Chelsea Digital Media Ltd (the holder of certain Chelsea media rights). This deal allows the club to have full control of our digital media strategy.

Intergroup debt of £166.6m was capitalised into equity during the course of the year strengthening the balance sheet and making Chelsea FC plc debt free.

The revenue recorded in the latest results follows improved figures the previous two years.

The main figures for the year ended 30 June 2012 were:

· Group turnover was up from £222.3m to £255.7m

· Profit for the financial year was £1.4m compared to a loss of £67.7m.

Chief Executive Ron Gourlay said: “Our club philosophy is built on success. We had that success on the field this year, as we were the first London team to win the UEFA Champions League, and we enjoyed it off the field as well and this helps us inject financial investment into the team.

“The big challenge is always to have a successful team on the field that wins trophies and to make a profit at the same time. The objectives have been set across the whole business, from the Academy to Under-21s and all the way through to the first team.”

Chairman Bruce Buck added: “We will never forget that night in Munich and now we are celebrating serious progress off the field too.

‘While we draw huge satisfaction from the achievements of the past 12 months we are more than ever focused on continuing the story of on-field success supported by improving financial performance off the pitch.”

Nigel Payne Named Chairman of Professional Jockeys Association

Nigel Payne is to become the chairman at the Professional Jockeys Association.

Payne, Aintree’s former press officer and current chief executive of the Horseracing Sponsors Association, will succeed Rod Street who stepped down last year.

PJA chief executive Paul Struthers said: “The Board of the PJA has been seeking to appoint a new chairman and we are delighted that Nigel Payne has agreed to fill this important position.

“I have personally worked closely with Nigel for many years and have always valued his opinions, advice and wisdom which he has gained during a career in the betting and horseracing industries spanning almost four decades.

“I know that he will offer the PJA, its Board and our members the soundest of guidance.”

Payne, who was instrumental in the inception of the PJA ‘Lesters’ awards and formed the syndicate that owned subsequent Grand National winner Earth Summit, said: “I am absolutely delighted to have been asked to join the Board of the Professional Jockeys Association and to become its new chairman from October.

“I am looking forward very much to working with PJA chief executive Paul Struthers and the entire Board of the Association and utilising the knowledge and experience that I have gained over many years in the horseracing industry for the benefit of all jockeys.”

EPFL to Host Player Transfer Workshop at Soccerex

Soccerex are pleased to announce that the Association of European Professional Football Leagues (EPFL) will be holding a special half day workshop, medic which will focus on the player transfer system, generic at the Soccerex European Forum, remedy 28-29 March, Manchester.

Taking place on the morning of the first day of Europe’s Premier Football Business Event, the workshop will be opened by EPFL CEO Emanuel Macedo de Medeiros and will be followed by sessions covering the football transfer market, a round-table on FIFA regulations on the status and transfer of players, the current realities and new challenges of the International transfer market and third party ownership.

Speakers for these sessions include the likes of Holger Hieronymus, COO DFL Bundesliga, José Luis Astiazarán, President Spanish League, Jane Purdon, Director of Governance English Premier League, Philippe Kern, Managing Director KEA European Affairs, Raffaele Poli, Head of CIES Football Observatory, Paul Rawnsley, Director Deloitte Sports Business Group, Gaudenz Koprio, Senior Group Leader for Players’ Status, Legal Affairs Division – FIFA, Michele Centenaro, General Secretary ECA, Theo Van Seggelen, General Secretary FIFPro, Paulo Gonçalves, Legal Director SL Benfica, Maurice Watkins, Senior Partner Brabners Chaffe Street, Daniel Lorenz, Legal Director FC Porto and Daniel Cravo, Associate Partner Campos Advocacia Empresarial (Brazil).

Founded in 2005, the EPFL comprises of 30 Member Leagues and Associate members across Europe including all of the top European Leagues such as the English Premier League, Lega Seria A, the Scottish Premier League, the Russian Football Premier League, La Liga, the DFL Bundesliga, the French LFP and Eredivisie, among others.

Over 1500 delegates are expected to attend this year’s Soccerex European Forum where they will benefit from exclusive business opportunities via a packed exhibition and a number of formal and informal networking events.  There will also be a packed conference programme addressing some the key issues affecting the industry including sessions on UEFA’s move to centralise media rights, player and coach development, the art of management – a master-class with Rafael Benitez, betting, the tricky business of managing England with Terry Venables, financial management of clubs in the wake of financial fair play, the relationship between football and the media, and the Soccerex Supplement, a session with some of football’s biggest names. There will also be workshops on emerging markets, the stadia industry and the commercial opportunities for clubs.

Venues Announced for 2013 Confederations Cup

Brazil and football’s world governing body FIFA on Thursday confirmed that the 2013 Confederations Cup will be held in six host cities, as initially planned.

“The host cities for the Confederations Cup will be Belo Horizonte, Brasilia, Fortaleza, Recife, Rio de Janeiro and Salvador,” the president of the local organizing committee for the World Cup, Jose Maria Marin, told reporters.

“For the first time, this competition will be organized in six cities of the same country,” he added.

Last month, FIFA said four stadiums would be enough for Brazil to stage the event in view of delays in readying the six arenas initially planned.

There was particular concern about the stadiums in the northeastern cities of Recife and Salvador, where preparations have been running behind schedule.

FIFA has said that it requires that stadiums be ready at least one month ahead of time to conduct tests on security, telecommunications and other areas before the competition gets under way.

The Confederations Cup, to be held June 15-30, 2013, will be contested by Spain, who won the 2010 World Cup in South Africa, host Brazil, as well as Mexico, winner of the golden cup of the Confederation of North, Central American and Caribbean Association Football (CONCACAF), and Uruguay, winner of the America Cup.

Other participants include Italy, the beaten Euro 2012 finalists, Tahiti representing Oceania, and the winner of the 2013 African nations cup, which takes place in January next year.

The draw for the tournament will take place in Sao Paulo on December 1.

Lord Moynihan to Quit as BOA Chairman

British Olympic Association (BOA) Chairman Colin Moynihan has decided to leave his post later this year.

Moynihan, who helped steer Team GB to 29 gold medals and third place in the medal table at London 2012,  will step down in November when a successor is elected.

He revealed that his priorities include a smooth hand-over to his successor, ensuring there is a strong sports policy so the momentum from the Games is not lost.

In his letter, Lord Moynihan wrote: “Firstly, I want to congratulate you all on a magnificent Olympic Games and to thank you for all that you have done to ensure their success.

“The last two weeks have united and inspired the whole country and have surpassed all expectations.

“I am enormously proud to be able to say that with your help, Team GB has not only succeeded at London 2012, it has excelled.

“It means that our athletes’ success in Beijing 2008, now built on and furthered during London 2012, can be carried forward with renewed confidence in Rio 2016.

“As a result of the success of Team GB, the reputation of the BOA, its staff and volunteers is rightly at an all-time high. We now have a unique opportunity to capitalise on this success and to build a stronger and even more victorious team in the future.

“Put simply: this was a job outstandingly well done by everyone who works at the BOA, the governing bodies and the volunteers who joined the BOA team in the run-up to the Games and I am exceptionally grateful to you all.

The former Sports Minister will focus on his family and his energy sector business interests after he leaves the BOA.

Hollis Sponsorship Awards Gala Dinner – Book Now

It’s just days until the winners of the Hollis Sponsorship Awards 2012 will be announced at the Gala Dinner on March 27th 2012 at the London Marriott Hotel Grosvenor Square.  The Hollis Sponsorship Awards recognise and reward the very best and most effective sponsorship campaigns.  Judged by industry experts, malady shortlisted and winning campaigns aren’t just clever, creative, innovative campaigns (though they certainly are) – they work and their submissions prove it.

To see who’s in line to win the highly-coveted category trophies, Consultancy of the Year and the Sponsorship of the Year trophies, please visit www.sponsorship-awards.co.uk and click on the Shortlist button.  New for this year is the Sponsorship Innovation of the Year prize – in the running for this prize are Betfair, BP, TRESemmé and the campaign VIY – Volunteer It Yourself.    We will also be announcing our people prizes – the Barrie Gill Award for Most Promising Young Sponsorship Executive and Sponsorship Personality of the Year.

If you would like to join the celebrations, please book your tickets this week as there are a very limited number of places left. To book, please go towww.sponsorship-awards.co.uk and click on Attend the Awards.

 

Werder schultert negatives Jahresergebnis

Im Geschäftsjahr 2011/2012, capsule das am 30.06.2012 endete, pill reduzierten sich die Gesamterträge der SV Werder Bremen GmbH & Co KG aA gegenüber dem vorherigen Jahresabschnitt um 24,2 Mio. Euro auf 95,6 Mio. Euro und führten zu einem Nachsteuerergebnis von -13,9 Mio. Euro. Nach dem zweithöchsten Gewinn der Werder-Historie im Vorjahr (8,2 Mio. Euro) konnten die Bremer damit erstmals nach sieben Jahren keinen Überschuss vorweisen. Klaus Allofs, Vorsitzender der Geschäftsführung, erläutert: “Das negative Ergebnis ist im Wesentlichen auf die fehlenden Erträge aus der UEFA Champions League zurückzuführen. Unsere traditionell hohe Eigenkapitalausstattung ermöglicht es jedoch den Fehlbetrag des abgelaufenen Geschäftsjahres aus eigenen Mitteln auszugleichen.”

Das Eigenkapital, welches im Wesentlichen aus Gewinnrücklagen der Vorjahre besteht, beträgt zum Stichtag 24,4 Mio. Euro. Dazu Klaus Filbry, Geschäftsführer Marketing und Finanzen: “Dies entspricht einer sehr guten Eigenkapitalquote von 48 Prozent der Bilanzsumme. Das Unternehmen ist gesund und verfügt nach wie vor über eine hohe Liquidität, die es unter anderem gestattet Transfers aus Eigenmitteln zu finanzieren.”

Als Konsequenz aus dem Ergebnis hatte die Geschäftsführung der SV Werder Bremen GmbH & Co KG aA bereits während des abgelaufenen Geschäftsjahres diverse Maßnahmen initiiert. Klaus Allofs: “Ohne dass wir dabei die sportlichen Ziele aus den Augen verlieren müssen, wird damit für die laufende Saison ein verbessertes Ergebnis zu erwarten sein.”

Auch die Führung des Sport-Vereins “Werder” von 1899 e.V. unter Präsident Klaus-Dieter Fischer, Vize-Präsident Dr. Hubertus Hess-Grunewald und Schatzmeister Axel Plaat legte am Montagabend auf der jährlichen Mitgliederversammlung der Grün-Weißen die Bilanz des abgelaufenen Geschäftsjahres vor.

Dabei verbuchte der Verein einen Verlust von 348.000 Euro bei einem Umsatz von 3,5 Millionen Euro. Diesen Verlust fängt der Verein mit seinem Eigenkapital auf, das nach diesem Geschäftsjahr 12,2 Millionen Euro beträgt. “Der Verein steht auch weiterhin ausgezeichnet da, wir sind bodenständig, zukunftsorientiert und sehr gesund”, so Präsident Klaus-Dieter Fischer, der auf die hohe Eigenkapitalquote von 92 Prozent verwies. “Das ist ein sensationeller Wert, auf den die Werderaner wirklich stolz sein können”, kommentierte Schatzmeister Axel Plaat diese Zahl.

Martin Whitmarsh to Step Down as FOTA President

Martin Whitmarsh has revealed he will step down as chairman of the Formula One Team’s Association (FOTA).

Whitmarsh, who replaced Ferrari president Luca di Montezemolo back in 2009, has held the position ever since, but the McLaren team principal now feels it is time for someone else to take over at the helm.

“I will not volunteer for it [again],” he told Motorsport-Total.com. “It would be rather good if after three years someone else takes over.”

Mercedes boss Ross Brawn and Lotus F1 boss Eric Boullier, who is currently FOTA’s vice-president, are now tipped to fill the void: “I’d support either of those candidates,” Whitmarsh added.

Establishing Industry Benchmarks for World Class Stadiums

Decipher behind-the-scene technology that goes into building a stadium and managing a large facility post construction

March 2012– Today‘s sports facilities are relied upon to host more and varied events. Qatar, after winning the bid to host the FIFA 2022 World Cup, plans to set the benchmark for stadium development. The iconic nature of a stadium is usually defined by its design and sometimes by its key feature . The challenge for stadium owners and designers is to deliver the comfort and entertainment of home, combined with the excitement of the live atmosphere.

The conference Building World Class Stadiums, to be held on 14– 15 May 2012 in Doha – Qatar, will address topics on the latest design concepts, comfort level, techniques and materials used for building a stadium of tomorrow. The event intend to turn the attention of world’s real estate and construction industry to the new design, trends, safety and security of world class stadiums.

The high level conference will gather top level decision makers from sports industry, governing bodies of sports associations and stadium developers to share their experiences as well as strategies. It aims to convene more than 100 participants under one roof to network with expert speakers, exhibitors and leading real estate company representatives.

Dan Meis, Senior Principal at FAIA Populouswill address the conference on the key feature of building a stadia.To be considered truly world class,a stadium must employ the very latest technology, fan comfort and safety in a structure so flexible in use, and iconic in presence, that one can imagine it standing and useful for hundreds of years, not unlike the Coliseum of Rome.

The line up of speakers include: Federation of International Football Association, British Olympic Association (FIFA), Disability Matters, Populous, The Sports Business CIC, Qatar National Bank, Burnley Football Club, talkSPORT, Place Dynamix, Olympic Board of London2012 and German Football Association to name a few.

The conference will serve as a platform to bring together international, regional and local investors, architects and designers, real estate developers, governmental authorities and senior executives involved in the design and construction of 21stcentury stadium developments from Qatar and internationally. 

About Fleming Gulf Conferences

www.fleminggulf.com

With a rich history of producing high quality, industry specific business events around the world, Fleming Gulf Conferences is one of the leading names in the business intelligence industry.

Fleming Gulf, with its dynamic been responsible for bringing together decision makers, and the leading solution providers from around the world where they have debated, discussed and delivered key strategies that have shaped business today. Fleming Gulf’s B2B conferences are highly interactive events with a limited number of delegates from specialized industry sectors including Finance, Energy, Shipping, Logistics, Utilities, Real Estate, Construction and more.

Media Contact:
Priti Mathur
Marketing – Construction
priti.mathur@fleminggulf.com
T: +91 020 67276403

Event link – http://fleminggulf.com/cross-industry/building-world-class-stadiums!e37

Aerbin Group Chairman Buys Dalian Shide

Dalian Aerbin Group Chairman, Zhao Mingyang has bought Chinese Super League (CSL) club Dalian Shide,

Zhao said: “Aerbin has already bought the Dalian Shide football club with 320M yuan (US$51M).”

Aerbin will reportedly make decisions on the future of players at an Aerbin Group meeting on Wednesday. By buying the club, Aerbin Group, which owns Dalian’s other CSL club, also gains ownership Dalian Shide’s prestigious academy and training facilities.

Zhao is reportedly considering a merger of the two Dalian clubs but has not decided whether Shide will merge into Dalian Aerbin club or if a new entity will be created.{jcomments on}