Four Bidders Vie For FA Cup Rights Rebuilt Maracanã 'The Place To Be' Ferguson Dumped From Origin I-League Clubs Lose Sponsorship Funds BSkyB Launches Broadband Promotion Cricketer Dhawan A Brand In The Making Murdoch's Summer League Has Obstacles New Zealand Football Eyes Sky TV Deal Montreal In Talks About F1 Extension Bolt Coach Calls For Anti-Doping Lab
SBD Global/December 7, 2012/FinancePrint All
Germany's three Champions League clubs "have already earned more than €100M ($130M)," according to the SID. Borussia Dortmund will receive €17.1M ($22.2M) in bonus payments from UEFA for advancing to the round of 16. Bayern Munich and Schalke 04, which also advanced, will receive €16.6M ($21.5M). In total, the three clubs have already earned bonus payments of €50.3M ($65.2M). The clubs, which for the first time all won their groups before advancing to the knockout-round, will also receive €50M ($64.8M) from the UEFA market pool. In addition, Bayern, Dortmund and Schalke have earned about €7M ($9.1M) each from ticket sales to their three home games during the group stage. Overall, UEFA will pay out a total of €910.3M ($1.2B) to all 32 teams participating in the Champions League (SID, 12/6).
League Championship club Wolverhampton Wanderers have posted a pre-tax profit of £2.16M ($3.5M) for the year ended May 31. The period covers Wolves' third season in the Premier League, which ultimately ended with relegation to the Championship. The club was £80,000 ($128,000) down on the pre-tax profits of 12 months previous (£2.24M), largely due to a decrease in generated turnover from £64.4M in '11 to £60.6M ($97.2M) in '12 as a result in part to lower Premier League merit receipts and lower league match revenues. The financial information does not include transfer activity during the summer of '12, including the sales of Steven Fletcher, Matt Jarvis and Michael Kightly as well as the recruitment of seven new players. At the year end for '12, the club's holding company W.W. (1990) Ltd., boasted a strong balance sheet with net assets totaling £74.9M ($120.3M), which includes all of the club's property such as Molineux and the Compton training ground (Wolverhampton).