How is the Cymru Premier faring in latest Uefa benchmarking report?
(Image: Matthew Lofthouse)
UEFA’s latest benchmarking report has provided an insight into how Wales is faring against its European counterparts.
It gives us a look at how the Cymru Premier compares to the other 54 UEFA nations.
The findings are based on the the 2018 financial year, which will have been the 2017/2018 season.
UEFA’s full benchmarking report which was published in January 2020 can be accessed here.
Wages
Wales has the second-lowest wages in Europe with an aggregate of €3m which currently comes to £2.6m. Only San Marino spend less on wages in Europe.
Wages take up 52% of total club revenue in Wales, which is one of the lowest in Europe.
On average, a Cymru Premier club spends €200k year on wages, which roughly converts to £174k.
Cymru Premier revenue in 2018
Wales has an aggregate revenue of €5m which fees them ahead of Andorra, Gibraltar, Kosovo and San Marino.
A majority of the revenue streams for teams in the league come from UEFA. UEFA provides the Cymru Premier with 39% of its funding, which is €1.95m, translates roughly to £1.7m.
‘Other’ Revenue is the second highest income at 37% which is €1.85m.
Sponsorship/commercial deals accumulated was in third at 18%, which in money terms equates to €900k, which converts to £785k.
Gate receipts made up 5% of income in 2018, making clubs €250k, converted into pounds, it results to £218k.
Wales had 0% in regards to gross transfer earnings as a % of aggregate revenue.
The average top division club revenue in Wales is €400k, which places them ahead of Andora, Gibraltar, Kosovo and San Marino.
In contrast to the English Premier League, it generates more revenue than the bottom 50 countries combined.
Five Welsh clubs had a bottom-line profit of 0-10%+, whilst three teams a bottom-line loss margin of 0-10%+ and three also had a bottom-line loss of 20%+
Club, stadium and training facilities ownership
83% of Welsh clubs are under private ownership, whilst 8% are in public ownership. 8% are unclassified.
Three Cymru Premier clubs in 2018 owned their stadium whilst two were partially included as a club asset.
Two stadiums are owned by a municipality or state not reported on the club’s balance sheet and four are owned by another party not included on the balance sheet.
Wales are third to England (80%) and Malta (79%) in regards to clubs owning their own training facilities.
Seven clubs directly own their training grounds, two are owned by a private owner related to club, two are owned by another party and one is a municipal authorities.
(Featured Image: Matthew Lofthouse)
