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West Ham record UK£28.8 million loss for 2018/19

English Premier League side West Ham United have posted a pre-tax loss of UK£28.2 million (AU$54.5 million) for the year ending 31st May 2019.

The Hammers’ turnover climbed from UK£175 million (AU$338.3 million) to UK£190.7 million (AU$368.3 million) last season – of that amount, UK£127 million (AU$245.3 million) came from broadcasting and a further UK£27 million (AU$52.1 million) from match days.

However, this was offset by the wage bill rising by almost UK£30 million (AU$57.9 million) to UK£135.8 million (AU$262.3 million). This took the Hammers’ wages-to-turnover ratio to 71 per cent, a year-on-year jump of ten per cent.

The club also invested heavily in the playing squad, spending UK£107.9 million (AU$208.4 million) on signings. UK£4 million (AU$7.7 million) was also spent on improving their Rush Green training ground and a further UK£600,000 (AU$1.2 million) on their women’s team, which now competes in the top-flight Women’s Super League (WSL).

Vice Chairman Karren Brady’s salary rose by nearly UK£250,000 (AU$482,825) to UK£1.14 million (AU$2.2 million), while co-owners, David Sullivan and David Gold, were paid a combined UK£1.9 million (AU$3.7 million) as interest on their loans to the club of UK£45 million (AU$86.9 million). A total of UK£1 million (AU$1.9 million) was also paid to them in partial repayment of their loans.

West Ham made UK£26.9 million (AU$52 million) in 2015/16, their final season at the Boleyn Ground before moving to their current home of Olympic Stadium which seats 60,000 people. That increased to UK£28.6 million (AU$55.2 million) in 2016/17 but fell to UK£24.5 million (AU$47.3 million) for 2017/18.

Despite the substantial outlay on wages and signings, the club have slipped to 18th in the Premier League, joining Watford and Norwich City in the relegation zone.

‘Retention of our status in 2019/20 season is an absolute necessity for the future wellbeing of the club,’ said West Ham in their accounts, adding there will be ‘serious financial consequences’ should they be relegated into the Championship.

A 3-3 draw with Brighton means the Hammers are still without a league win since thumping Bournemouth 4-0 a month ago, but West Ham are only two wins away from 14th-placed Crystal Palace.

With 25 rounds played, there’s still time for West Ham to turn around their form.

Liam Watson is the Managing Editor at Soccerscene. He reports widely on football policy, industry matters and technology.

Optus Sport to stream Football Victoria’s Nike F.C. Cup Final

Nike F.C. Cup

Football Victoria have made the exciting announcement that Optus Sport will yet again stream the Nike F.C. Cup Final in 2022.

Optus Sport have been the home of the English Premier League in Australia since 2016, and are also home to LaLiga, the Women’s Super League, K-League, J-League and the EURO’s.

The Cup Final will be held on Sunday afternoon, when South Melbourne takes on Calder United at Valley Park Events Centre, Broadmeadows.

Football Victoria CEO Kimon Taliadoros applauded Optus Sport’s commitment and acknowledged their continued support of the local game in a statement released by Football Victoria.

“The appetite for women’s football is growing exponentially and we thank Optus Sport for their elevation of the Nike F.C. Cup again in 2022,” he said in a statement.

“We are thrilled that subscribers across the nation can experience the quality football that the two teams will deliver on Sunday.”

Match coverage starts at 3.30pm AEDT, with the final kicking off at 4pm this Sunday.

Coverage will also be provided for non-subscribers on NPL.TV and Football Victoria’s Facebook and YouTube.

Customers can watch Optus Sport on their favourite screens and devices via Fetch, Apple TV, Android TV compatible Smart TVs, LG Smart TVs, Apple Airplay, Chromecast, Amazon Fire TV, Xbox, compatible Samsung Smart TVs or desktop, or on-the-go via tablet, mobile, or laptop.

FC Bayern and Adobe partner to power the club’s digital transformation

Bayern and Adobe

FC Bayern, one of the world’s most historic and successful football clubs, have announced a multi-year partnership with Adobe to power the club’s digital transformation.

The agreement will bring new, personalised experiences to its millions of current and future global fans – both on and offline – while driving greater efficiency and more sustainable business practices through Adobe’s enterprise solutions.

With a rapidly growing global fanbase, FC Bayern is passionate about connecting fans to their favourite club in new ways. Adobe’s technology will provide FC Bayern the ability to better understand its fans to create more engaging and individualised sports experiences.

Adobe Experience Cloud, including Adobe’s customer data platform, will help FC Bayern create fan profiles to better understand how supporters engage with the brand and ensure they enjoy a more personal relationship with their favourite teams. This means the overall matchday experience will be enhanced for fans, giving supporters real-time notifications at their fingertips including merchandising discounts, video content and last-minute ticket availability.

With more digital experiences across platforms, channels and devices, FC Bayern fans will never miss a moment whether they are at the Arena, on the go or in the comfort of their home. For example, when a goal is scored fans will receive content on their preferred channel to celebrate the moment in real time, as well as post-match video commentary and highlights.

FC Bayern will also use Adobe Document Cloud, including Adobe Acrobat Sign, to digitise collaboration with fans, employees and partners. With Document Cloud, activities like signing up for memberships or executing player agreements will be quick and secure, while reducing environmental impact.

“Today’s FC Bayern fan is digitally savvy and craves new ways to get closer to our club and players, which is why we aim to create sustainable and lasting interactions that bring matchday excitement to our millions of passionate fans across the world,” FC Bayern CEO Oliver Kahn in a statement.

“We’re investing in a long-term digital strategy with Adobe’s breadth of enterprise applications at the core of our technology, to deepen how our fans engage with the club and to inspire the next generation of fans for years to come.

“FC Bayern has millions of fans around the world, and they are at the forefront of revolutionising fan experiences,” said Anil Chakravarthy, president of Digital Experience Business at Adobe. “With this partnership, FC Bayern will create more personalised experiences to enable fans to celebrate the passion and heart of the club wherever they may be.”

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