Premier League: empty booth games threaten the economy



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The clubs are currently in full swing preparing for a restart of the current season, with a scheduled start on June 12, before the empty stands. Some of them opened their training facilities last week. And as late as Thursday, Victor Nilsson Lindelöf traveled from Västerås to Manchester to join the United team.

In general terms, it is the big clubs that lose the most playing without an audience. Above all, Arsenal. Almost a quarter of the total earnings for a season are matchday earnings. Arsenal has an average audience of about 60,000 viewers at The Emirates.

And if you look at Arsenal’s total payroll costs, 42 percent of game day revenue, including television revenue, salaries of players, coaches, and other staff, corresponds to that.

For a smaller club like Bournemouth, whose Vitality Stadium has just over 11,000 spectators, game-day revenue is just 3.8 percent of the shake-up of total revenue during a business year.

And only four percent of game-day revenue contributes to the club’s salary costs.

During June and July I hope the Premier League can clearly play the remaining 92 games of the season, on neutral ground, with no audience. At the same time, it is feared that more time will pass before fans can return to the stadiums. A situation that runs the risk of being financially problematic for most clubs. There is already talk that the reduced wages of the players are waiting to face the crisis.

The Premier League closed on March 13. Now, on Monday (May 11), the clubs will meet and draft guidelines for a planned restart on June 12.

But there are question marks on the agenda.

The idea is that the remaining matches will be played in a dozen selected arenas. But a decision on the matter requires that 14 of the 20 clubs vote for games at neutral levels. And that this will happen does not happen. Clubs at risk of relegation have expressed skepticism.

The sands that seem current are Emirates (Arsenal), London Stadium (West Ham), Amex Stadium (Brighton), King Power Stadium (Leicester), St Marys (Southampton), Old Trafford (Manchester United), Etihad Stadium (Manchester City), Villa Park (Aston Villa) and Wembley.

West Ham, which balances just above the relegation mark on the current table, does not want any team to move down the Championship if the remaining matches are played at neutral level.

West Ham is financially hard-working, and recently completed a new issue, worth £ 30 million, to rectify finances. At the same time, the players agreed to have their wages pending for now.

The crown crisis has affected the UK more than any other European country, and the restrictions are rigid. Currently, clubs are forced to calculate that the entire 2020-21 season can be implemented before empty spots. And then there are only losers, some losers bigger than others.

Economist Kieran Maguire conferences on football economics at the University of Liverpool. He recently came out with the book “The Price of Soccer”, where he delves into the subject.

Maguire has figured out what a Premier League shutdown could mean, based on the club’s last season after last season, 2018-19.

He notes that even the Premier League has no immunity to the crown crisis. Furthermore, if the Premier League does not replace the total spending of £ 677 million in one season (2018-19), various clubs may be forced to negotiate reduced wages to avoid insolvency.

Maguire also does not rule out bankruptcies if the Premier League is forced to carry out the entire 2020-21 season without crowds in the stands.

Those who would lose the most In the empty stands are clubs with a high average audience, such as Arsenal, Tottenham, Manchester United, Liverpool, Chelsea, Newcastle and West Ham.

Clubs where the day’s earnings are not as dominant in accounting are Bournemouth, Burnley, Watford, Wolverhampton and Crystal Palace.

It is noteworthy that Manchester City has a different balance from that of the other major clubs. Game day revenue is only 10.3 percent of total revenue, and represents only 17 percent of payroll costs.

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