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 Co-Founder & Publisher of Soccerscene. He reports widely on football policy, industry matters and technology.

Federal Budget commits $97 million investment for sport programs

The 2024-25 Federal Budget, which was released on Tuesday night, includes more than $97 million over two years to the ASC to extend Sporting Schools, the Local Sporting Champions, and Local Para Champions programs, and participation funding to help more Australians get active.

This two-year extension runs until 30 June 2026 and helps kids of all different sports afford an opportunity to play at a local level if they come from and under privileged background.

Football Australia is a part of the Sporting Schools program, with each state offering participation Officers and local clubs that are ready to implement in-school and after-school programs for students of ages up to Year 8, plus all abilities programs.

Football Australia use this program to link local football clubs with schools to facilitate an ongoing relationship and provide further opportunity for students to continue their football journey outside of school, whether that be MiniRoos Kick Off, MiniRoos Club or Junior Football.

More than 24,000 young Australians will be supported with the Local Sporting Champions (LSC) and Local Para Champions (LSP) grants programs continuing for a further two years.

These are fantastic programs that have supported Australia’s best athletes including many Matildas like Courtney Nevin, Cortnee Vine, Alex Chidiac, Teagan Micah and Clare Hunt.

World Cup veteran’s Caitlin Foord and Ellie Carpenter also rose to success with assistance from the LSC program throughout their junior careers.

Australian Sports Commission CEO Kieren Perkins OAM mentions the importance of this investment to continue critical national sporting programs.

“Once again, I want to thank Minister Wells and the Australian Government for their continued support and investment in Australian sport,” Perkins said in a statement.

“This funding extends critical sport participation programs like the Participation Grant program and Sporting Schools which provides free and fun sporting opportunities to more than two million students each year.

“This follows last week’s announcement of $249.7 million to upgrade the AIS Campus to ensure our athletes have access to the world’s best testing and training facilities, and accommodation ahead of the Brisbane 2032 Olympic and Paralympic Games.”

This is a fantastic initiative that will benefit football amongst other sports and has a history of helping kids of all skill levels play in their respective sport.

The Federal Budget have put in almost $350 to improve sport, mostly around the 2032 Olympic Games but it is great to see some investment in the world game after the huge success of the Women’s World Cup last year.

The biggest Female Football Week to date draws to a close

Female Football week is at its climax across the country with each respective state firmly involved in what has been a monumental year of growth and perseverance with one of the hottest topics amongst the sporting plethora across the nation.

Symbolising the significant strides in which female football has made down under, off the back of its maiden World Cup hosting tenure.

Football Queensland throughout the grand occasion were busy shining a spotlight upon the continuous growth of participation, encouraging women of all ages to become involved and immersed within the global game.

Football Victoria – Commentary

Football Victoria (FV) celebrated women’s football week in style.

Round 8 of the National Premier League Women’s (NPLW) competition within Victoria was unique throughout its coverage, with every match throughout the round featuring a female commentator.

A monumental feat spearheaded by the FV Commentary team, this was the first time an all female commentary round was executed.

Football Queensland

FQ CEO Robert Cavallucci disclosed his appreciation for the momentous occasion via the FQ website.

“While celebrations like FFW serve as a crucial milestone in FQ’s journey towards achieving 50/50 gender parity by 2027 and helps to further reinforce our commitment to enhancing accessibility and inclusivity, our support is not confined to this week, as we remain dedicated to prioritising our female football community year-round.”

Football Queensland – Award Ceremony

Paying homage to Referees, Club Volunteers, Players and Community Champions of the year was conducted through awards up for grabs.

FQ showcased an award ceremony towards multiple facets of football throughout the state.

A nice incentive dedicated to the recognition and appraisal of the hard work undertaken by different areas of football.

The Female Football Week club of the year was awarded to Central Football Club following their extraordinary contribution to female football within Queensland.

Displayed throughout the clubs commitment to female football, the club are fully dedicated to the advancement of women’s football.

Harvesting a fostering environment throughout the club, alongside the nourishment of young promising female footballers has been symbolised by FQ.

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