Deloitte Football Money League 2010

Total Page:16

File Type:pdf, Size:1020Kb

Deloitte Football Money League 2010 Spanish Masters Football Money League Sports Business Group March 2010 Real Madrid becomes the first sports team to record revenues in excess of €400m Contents 2 Welcome 5 How we did it 6 Ups and downs 7 The Deloitte Football Money League 28 Golden years 32 Spain lights the way 36 Risky businesss? Edited by Dan Jones Authors Austin Houlihan, Rich Parkes, Adam Bull, Martyn Hawkins, Simon Hearne and Caspar Schmick Sports Business Group at Deloitte PO Box 500, 2 Hardman Street, Manchester, UK M60 2AT Telephone: +44 (0)161 455 8787 Fax: +44 (0)161 455 6013 E-mail: [email protected] www.deloitte.co.uk/sportsbusinessgroup March 2010 Football Money League 2010 Sports Business Group 1 Welcome Welcome to the 13th edition of the Deloitte Football Chart 1: Total revenues 2008/09 (€m) Money League, in which we profile the highest earning clubs in the world’s most popular sport. Coming nine 400 4 . 1 months after the end of the 2008/09 season, it is the 0 4 9 most contemporary and reliable analysis of clubs’ 350 . 5 6 relative financial performance. 3 0 . 7 300 2 Whilst there are a number of methods that can be used 3 5 . 9 to determine clubs’ relative size – including measures of 8 2 0 e . l 250 l i fanbase, attendance, broadcast audience, or on-pitch 3 e 6 r s 3 2 r . u a success – we compare clubs using revenue from day to 2 p s 4 M t 2 0 o e . day football operations which we believe is the best d H d 7 200 n n 2 d 1 e . u e 5 y 5 e m 2 3 . t t u m i 4 publicly available financial comparison. i a m 0 6 6 q t e 0 n C i h r r 2 9 9 p n r U o B e 1 1 e e k r D m e t l t l t e s y a t l 150 a o e s i d h r T 7 s O 4 a h c We published last year’s edition of the Money League . s e c c 6 S 6 . 6 u 2 n 7 r w 4 W . 9 4 . a 5 o e 1 3 3 1 . amidst an economic downturn impacting on the majority 2 B 3 M N 1 4 3 7 . 1 2 1 s 4 5 i d 100 1 2 of industry sectors. We predicted that 2008/09, the season 0 . 1 . a e 3 t 1 2 1 n i 0 0 n 0 n h covered by this edition, would show some early signs of 1 V e o 1 1 c U l i S y a a r L n n r d n e i u e o e t football’s top clubs’ resistance to the recession. But we r l o l s i g n u a 50 d e M r s o z e a q a l a c l i u u a o m r i h n a e t p r knew it would not be until 2009/10, the season currently in b n p M c a o s n n l r r M e l n B R e m e m e e e y a s a y v t v a l C r h S a e C i u progress, before we saw the full impact on clubs’ revenues. n F L R H I A J A C M B A 0 O We continue to assert that the game’s top clubs are Source: Deloitte analysis. well placed to meet the challenges presented by the difficult economic environment. Their large and loyal Congratulations to Real Madrid who top the Money supporter bases, ability to drive broadcast audiences, League for the fifth consecutive year and become the and continuing attraction to corporate partners provide first team in any sport to record revenues in excess of a strong base to underpin revenues. €400m. FC Barcelona’s exceptional season on the pitch, winning the domestic double and the UEFA Champions This premise is supported by clubs’ revenue performance League, helped drive the largest year on year absolute in 2008/09. The combined revenues of the top 20 revenue growth of any Money League club with a Money League clubs was over €3.9 billion in 2008/09, €57m increase to €366m resulting in the club returning a €26m increase on the previous year. However, nine of to second place in the list and completing a Spanish the top 20 clubs showed a decrease in revenues in local one-two. currency in 2008/09 compared to the previous year, although for two of these clubs the revenue fall was due The sustained depreciation of the Pound Sterling against to inferior performance in European competitions, and the Euro continues to impair English clubs’ positions in hence lower UEFA central distributions. the list. For example, had Manchester United’s 2008/09 revenues been converted to Euros at the summer 2007 The vast majority of Money League clubs maintained exchange rate, the club would have topped this year’s average match attendances when comparing 2008/09 Money League. For the purposes of our analysis, we use with 2007/08. This continued into 2009/10, other than the exchange rate as at the 30 June each year, and the for clubs who face additional challenges in 2009/10 in Pound Sterling fell by 21% against the Euro between maintaining attendances at previous levels, due to 2007 and 2009 meaning that Manchester United’s on-pitch performance or stadium redevelopment issues. revenue in Euros for 2008/09 is €74m below that of Nonetheless, the changing economic environment has Real Madrid and €39m below FC Barcelona, who placed increased pressure on ticket pricing strategies leapfrog the English champions in to second place. and all clubs will continue to face challenges in managing matchday yields. 2 However, England retains seven clubs in this year’s top 20, the largest representation of any single country The combined revenues reflecting its continued strength in depth as a result of the Premier League’s central broadcast deals and the of the top 20 clubs ability of the league’s clubs to generate comparatively was over €3.9 billion high matchday revenues. in 2008/09 All of this year’s top 20 clubs are from the ‘big five’ European leagues with Germany contributing five clubs, Italy four, and France and Spain represented by two clubs There is only one change to the clubs comprising the each. In fact there is little change in the top 20 clubs top ten with Juventus’ return to Europe’s top-tier clubs compared with last year with two new clubs, Werder competition for the first time since 2005/06 allowing it Bremen and Manchester City, replacing VfB Stuttgart and to replace fellow Italian club AS Roma. This restores the Turkish club Fenerbahce. The limited change in the clubs long term top ten of all the three seasons prior to the comprising the Money League top 20 reflects the fact Turin club’s well publicised off-pitch difficulties. that those clubs with the largest supporter bases in the However, competing in Europe’s top clubs competition strongest economic markets, high attraction to need not be the sole factor in allowing a club to achieve commercial partners, and consistent participation in significant revenue growth. Eleventh placed Hamburger European competition will dominate the top positions. SV, which participated in the UEFA Cup in 2008/09, achieved a €19m (15%) growth in revenues largely This is reinforced by the fact that clubs from the through a growth in matchday and commercial income, ‘big five’ European leagues also occupy most of the and was the highest climber in this year’s list jumping positions immediately below the top 20 as the table four places. below indicates. Whilst there is now almost a €50m gap between tenth Club Reported revenue and eleventh place, consistent qualification for the €m Champions League, coupled with pressure on top Italian Paris Saint-Germain 100.8 clubs’ revenues with the re-introduction of collective Club Atlético de Madrid 100.3 selling of Serie A broadcast rights, may help the German FC Girondins de Bordeaux 99.8 club challenge for a top ten position. The same could be VfB Stuttgart 99.8 said for 15th placed Tottenham Hotspur for whom Aston Villa 98.9 completion of a new stadium will provide additional ACF Fiorentina 94.1 revenue growth and the opportunity to climb further up Everton 93.5 the list. French champions Olympique Lyonnais also have SSC Napoli 90.1 plans for a new facility which may provide the platform West Ham United 89.3 to challenge the top ten, particularly if the club can Fenerbahce SK 87.0 consistently progress to the latter stages of the Champions League. So what of the future? Whilst there has been relatively Juventus, Internazionale and AC Milan occupy positions little change in the clubs that comprise the top 20, eight to ten in the Money League and there has been a participation and relative performance in the UEFA gradual decline in Italian clubs’ positions in the list in Champions League continues to be a key factor in recent years emphasising the need to address a number determining a club’s position in the Money League.
Recommended publications
  • CEO Succession Planning and Leadership Development- Corporate Lessons from FC Barcelona
    International Journal of Managerial Studies and Research (IJMSR) Volume 1, Issue 2 (July 2013), PP 45-49 www.arcjournals.org CEO Succession Planning and Leadership Development- Corporate Lessons from FC Barcelona Amanpreet Singh Chopra Phd. Research Scholar, UPES, India Abstract: Author studied the development program(s) and leadership succession planning strategies of FC Barcelona, one the most successful club in Spanish Football history and analyzed that success of club is deeply rooted in its strategies from grooming of homegrown talent at La Masia to the appointment of coaching staff. Taking cue from club strategies author identified 5 lessons for Corporate- Developing organizational belief in growth strategies, Developing young executive through structured T&D programs, Present career progression opportunities to young employees, Develop „inward‟ succession planning framework through grooming in-house talent and above all nurturing the philosophy of “Más que una empresa”(More than a company). Key Words: Succession Planning, Leadership Development, Sports Psychology 1. FC BARCELONA Futbol Club Barcelona also known as FC Barcelona and familiarly as Barça, is a professional football club, based in Barcelona, Catalonia, Spain. Founded in 1899 by a group of Swiss, English and Catalan footballers led by Joan Gamper, the club has become a symbol of Catalan culture and Catalanism, hence the motto "Més que un club" (More than a club). It is the world's second-richest football club in terms of revenue, with an annual turnover of €398 million (2011). The unique feature of the club is that unlike many other football clubs, the supporters own and operate Barcelona. Jack Greenwell was the first fulltime club manager from 1917 to 1924 under which club grabbed 6 tournament honors.
    [Show full text]
  • Learning to Löw Again
    22 The German Times – Life April 2019 field. Toward the end of the tournament, it was to follow his will. And when he dared to venture BY THOMAS KISTNER easy to see that these two stalwarts were com- into the strategic arena with his own ideas, he often pletely overwhelmed, with each player committing fell flat on his face. Even worse than his outing at oachim Löw got his act together just in again Löw to Learning a bizarre and obvious handball in his own penalty the European Championship in France in 2016 time. After balking and bristling at calls for Cup in Russia, at the 2018 Soccer World early exit Germany’s After area. In the quarterfinals, Italy took advantage was the previous European Championship in 2012 Jchange, he’s finally put the German national of Boateng’s lapse to knot the game at 1 with a in Poland/Ukraine, where Löw chose the wrong soccer team on a different track. Whether this penalty kick. Luckily for the DFB team, they were players and coached the team so hopelessly into proves effective has yet to be seen, but at least able to go on to win that match on penalties. When the ground during the semifinal against Italy that head coach Joachim Löw finally realized it was time to build a new team they got off to a good start with a convincing Schweinsteiger deliberately had a handball in the their defeat was already secured at the halftime 3:2 win at the European Championship quali- semifinal against France, however, they weren’t break.
    [Show full text]
  • El Barça: Més Que Un Club?
    Facultat d’Economia i Empresa Memòria del Treball de Fi de Grau El Barça: més que un club? Javier Jaume Marí Grau de Administració d’Empreses Any acadèmic 2017-18 DNI de l’alumne: 43138844K Treball tutelat per Gonçal López Nadal Departament de Economia Aplicada. S'autoritza la Universitat a incloure aquest treball en el Repositori Autor Tutor Institucional per a la seva consulta en accés obert i difusió en línia, Sí No Sí No amb finalitats exclusivament acadèmiques i d'investigació x x x Paraules clau del treball: x Barça, Ingressos, Patrocinadors, Merchandising, Drets televisius x x x x x x x Contenido 1 RESUMEN. ........................................................................................................................... 2 1.1 METODOLOGIA. ........................................................................................................... 3 2 1ªPARTE. HISTORIA DEL FUTBOL CLUB BARCELONA. ................................................. 3 2.1 Los primeros años de historia. ...................................................................................... 5 2.2 Una época dorada. ........................................................................................................ 5 2.3 Kubala y el Camp Nou. ................................................................................................. 6 2.4 Una nueva dimensión social. ........................................................................................ 7 2.5 Años 70. Cruyff y Democracia. .....................................................................................
    [Show full text]
  • LEARNING from the BEST Gabriel Masfurroll
    LEARNING FROM THE BEST Gabriel Masfurroll Foreword I first met Gabriel Masfurroll in the seventies, when he was a teenager and a competitive swimmer. At that time, swimming played a very important part in my life because the European Championships held in Barcelona in 1970, in which I participated actively, were an excellent yardstick for the Olympic Games of 1992. Masfurroll was living in the Residencia Joaquín Blume in Barcelona, run by my friend Ricardo Sánchez, and we had good friends in common such as Santiago Esteva and Maria Paz Corominas, swimmers who in their day were key figures in Spanish sport. I shall never forget something ‘Gaby’, as his friends call him, said to me when he was still very young: “Mr. Samaranch, when I grow up I want to be like you and match your achievements. I also love sport and believe I can do a lot for it”. It comes as no surprise to me, then, to see Masfurroll holding positions of responsibility in leading sporting institutions. A few years later, I met up with “Gaby” again when he was head of the Quirón Clinic in Barcelona. Since then we have kept in touch on a regular basis. We have met and written to each other on numerous occasions and I recall a beautiful picture, on display at the headquarters of the Olympic Committee in Lausanne, which he gave me on one of his visits. I have followed his career very closely over these years and that phrase “when I grow up I want to be like you”, made me take a keen interest in both his personal and professional development.
    [Show full text]
  • Graham Budd Auctions Sotheby's 34-35 New Bond Street Sporting Memorabilia London W1A 2AA United Kingdom Started 22 May 2014 10:00 BST
    Graham Budd Auctions Sotheby's 34-35 New Bond Street Sporting Memorabilia London W1A 2AA United Kingdom Started 22 May 2014 10:00 BST Lot Description An 1896 Athens Olympic Games participation medal, in bronze, designed by N Lytras, struck by Honto-Poulus, the obverse with Nike 1 seated holding a laurel wreath over a phoenix emerging from the flames, the Acropolis beyond, the reverse with a Greek inscription within a wreath A Greek memorial medal to Charilaos Trikoupis dated 1896,in silver with portrait to obverse, with medal ribbonCharilaos Trikoupis was a 2 member of the Greek Government and prominent in a group of politicians who were resoundingly opposed to the revival of the Olympic Games in 1896. Instead of an a ...[more] 3 Spyridis (G.) La Panorama Illustre des Jeux Olympiques 1896,French language, published in Paris & Athens, paper wrappers, rare A rare gilt-bronze version of the 1900 Paris Olympic Games plaquette struck in conjunction with the Paris 1900 Exposition 4 Universelle,the obverse with a triumphant classical athlete, the reverse inscribed EDUCATION PHYSIQUE, OFFERT PAR LE MINISTRE, in original velvet lined red case, with identical ...[more] A 1904 St Louis Olympic Games athlete's participation medal,without any traces of loop at top edge, as presented to the athletes, by 5 Dieges & Clust, New York, the obverse with a naked athlete, the reverse with an eleven line legend, and the shields of St Louis, France & USA on a background of ivy l ...[more] A complete set of four participation medals for the 1908 London Olympic
    [Show full text]
  • Procuratore Federale, 1 Luglio 2011 009 /1302Pf09-1 O
    1 luglio 2011 009 /1302pf09-1 O/SP/blp " Procuratore Federale, letti gli atti e la relazione depositati nel fascicolo del procedimento n. 1302 pf 2009/2010, osserva quanto segue. 1. In via preliminare va precisato che con il presente atto, per owi motivi di economia procedimentale, ci si riporta, per quanto attiene all'indagine espletata e agli atti acquisiti, alla relazione richiamata e all'errata corrige allegata che, quindi, in ogni loro parte, formano parte integrante di questo provvedimento unitamente a tutti gli atti di indagine richiamati o, comunque, rilevanti. " presente procedimento è stato instaurato in data 10 aprile 2010, in relazione ad alcuni articoli di stampa nei quali si faceva riferimento alla circostanza che, nell'ambito dell'istruttoria dibattimentale già allora in corso di svolgimento presso l'A.G.O. di Napoli, concernente la vicenda comunemente nota come "calciopoli", stessero emergendo altre intercettazioni che riguardavano soggetti diversi e che presentavano elementi di novità rispetto al materiale probatorio che aveva formato oggetto dei procedimenti già celebratisi innanzi agli organi della giustizia sportiva. Veniva, quindi, inoltrata, in data 21 aprile 2010, specifica richiesta di acquisizione di atti processuali al Presidente della IX Sezione del Tribunale Ordinario di Napoli, in relazione alla quale, in data 19 ottobre 2010, veniva autorizzata la consegna di copia degli agli atti a questo Ufficio di Procura. La documentazione in questione, contenuta in un CO e materialmente acquisita dal Procuratore federale in data 25 ottobre 2010, era da considerarsi, tuttavia, parziale, come emerge dagli atti di acquisizione della documentazione formata in sede penale, specificamente indicati nella relazione allegata, alla quale si fa rinvio, unitamente alla documentazione di cui al punto 3, lettere da a) ad I) , dell'indice degli atti del fascicolo.
    [Show full text]
  • A TRE MESI DI DISTANZA DALLO SCUDETTO, IL DELFINO PESCARA SI RIPETE in SUPERCOPPA: Foto Paolo Cassella/Divisione Calcio a Cinque GOLOSO ASTI KO 7-4
    MAGAZINE A TRE MESI DI DISTANZA DALLO SCUDETTO, IL DELFINO PESCARA SI RIPETE IN SUPERCOPPA: Foto Paolo Cassella/Divisione Calcio a cinque GOLOSO ASTI KO 7-4 NUMERO 1 // STAGIONE 2015/16 SETTIMANALE GRATUITO SUL FUTSAL LAZIALE E NAZIONALE // ROMA SCARICA L’APP Ora inserisci il codice in promozione: C A LC IO A 5 LI VE e con soli 4,80 € in più per te una Sim Beactive Mobile con Calcio A5 Live Magazine - Anno IX Stagione 2015/2016 N°1 del 17/09/2015 - Editore: Calcio A5 Live S.r.l. Redazione: Via Trento, 44/A - Ciampino (RM) - Tel. 348 3619155 1 Giga di traffico dati e Direttore responsabile: Francesco Puma - DISTRIBUZIONE GRATUITA email: [email protected] - STAMPA ARTI GRAFICHE ROMA - Via Antonio Meucci, 27 - Guidonia (RM) - registrato presso il tribunale 400 minu17/09/2015ti di chiamate inclusi 1 di Velletri il 25/10/2007 - registrazione N° 25/07 Eco.TecH Tecnologie per l’Uomo Flood Light Batten Light LED 150 W LED 54 W Eco.TecH Tecnologie per l’Uomo Flood Light Batten Light LED 150 W LED 54 W SEGUICI SU EDITORIALE MAGAZINE A TRE MESI DI DISTANZA DALLO SCUDETTO, IL DELFINO PESCARA SI RIPETE IN SUPERCOPPA: Foto Paolo Cassella/Divisione Calcio a cinque GOLOSO ASTI KO 7-4 NUMERO 1 // STAGIONE 2015/16 SETTIMANALE GRATUITO SUL FUTSAL LAZIALE E NAZIONALE // ROMA SCARICA L’APP Ora inserisci il codice in promozione: C A LC IO A 5 LI VE e con soli 4,80 € in più per te una Sim Beactive Mobile con Calcio A5 Live Magazine - Anno IX Stagione 2015/2016 N°1 del 17/09/2015 - Editore: Calcio A5 Live S.r.l.
    [Show full text]
  • 30 06 2019 Annual Financial Report
    30 06 2019 ANNUAL FINANCIAL REPORT ANNUAL FINANCIAL REPORT 30 06 2019 REGISTERED OFFICE Via Druento 175, 10151 Turin Contact Center 899.999.897 Fax +39 011 51 19 214 SHARE CAPITAL FULLY PAID € 8,182,133.28 REGISTERED IN THE COMPANIES REGISTER Under no. 00470470014 - REA no. 394963 CONTENTS REPORT ON OPERATIONS 6 Board of Directors, Board of Statutory Auditors and Independent Auditors 9 Company Profile 10 Corporate Governance Report and Remuneration Report 17 Main risks and uncertainties to which Juventus is exposed 18 Significant events in the 2018/2019 financial year 22 Review of results for the 2018/2019 financial year 25 Significant events after 30 June 2019 30 Business outlook 32 Human resources and organisation 33 Responsible and sustainable approach: sustainability report 35 Other information 36 Proposal to approve the financial statements and cover losses for the year 37 FINANCIAL STATEMENTS AT 30 JUNE 2019 38 Statement of financial position 40 Income statement 43 Statement of comprehensive income 43 Statement of changes in shareholders’ equity 44 Statement of cash flows 45 Notes to the financial statements 48 ATTESTATION PURSUANT TO ARTICLE 154-BIS OF LEGISLATIVE DECREE 58/98 103 BOARD OF STATUTORY AUDITORS’ REPORT 106 INDEPENDENT AUDITORS’ REPORT 118 ANNUAL FINANCIAL REPORT AT 30 06 19 5 REPORT ON OPERATIONS BOARD OF DIRECTORS, BOARD OF STATUTORY AUDITORS AND INDEPENDENT AUDITORS BOARD OF DIRECTORS CHAIRMAN Andrea Agnelli VICE CHAIRMAN Pavel Nedved NON INDEPENDENT DIRECTORS Maurizio Arrivabene Francesco Roncaglio Enrico Vellano INDEPENDENT DIRECTORS Paolo Garimberti Assia Grazioli Venier Caitlin Mary Hughes Daniela Marilungo REMUNERATION AND APPOINTMENTS COMMITTEE Paolo Garimberti (Chairman), Assia Grazioli Venier e Caitlin Mary Hughes CONTROL AND RISK COMMITTEE Daniela Marilungo (Chairman), Paolo Garimberti e Caitlin Mary Hughes BOARD OF STATUTORY AUDITORS CHAIRMAN Paolo Piccatti AUDITORS Silvia Lirici Nicoletta Paracchini DEPUTY AUDITORS Roberto Petrignani Lorenzo Jona Celesia INDEPENDENT AUDITORS EY S.p.A.
    [Show full text]
  • • 138 UEFA Champions League, 141 UEFA Europa League and 141 UEFA Europa Conference League Matches to Be Shown Live Every Seaso
    • 138 UEFA Champions League, 141 UEFA Europa League and 141 UEFA Europa Conference League matches to be shown live every season on Viaplay in Estonia, Latvia and Lithuania • NENT Group already holds exclusive Baltic rights to Formula 1, NHL and Bundesliga • Viaplay to launch in Baltic countries on 9 March 2021 at EUR 9.99 per month Nordic Entertainment Group (NENT Group), the Nordic region’s leading streaming company, has secured the exclusive rights to show UEFA Champions League, UEFA Europa League and UEFA Europa Conference League football in Estonia, Latvia and Lithuania from the 2021/2022 season up to and including the 2023/2024 season. NENT Group will launch its Viaplay streaming service in the three Baltic countries on 9 March 2021 as the next step in its ambitious global expansion, and the company’s acquisition of the rights to Europe’s leading club football tournaments represents a landmark in the Baltic streaming market. The UEFA Champions League is European club football’s premier competition and brings together the continent’s top 32 teams and the best players in the world. Baltic viewers will be able to follow sides such as Liverpool, Manchester United, Bayern Munich, FC Barcelona, Real Madrid, Juventus and Paris Saint-Germain, along with global superstars including Lionel Messi, Mohamed Salah, Robert Lewandowski, Neymar, Paul Pogba, Paulo Dybala, Eden Hazard and many more. Every season, Viaplay will show 138 UEFA Champions League matches and 141 matches from the UEFA Europa League, Europe’s secondary club football tournament, live in the Baltic countries. In addition, Viaplay will offer 141 live matches from the new UEFA Europa Conference League, for which FK Panevėžys, FK Sūduva and FK Kauno Žalgiris (Lithuania) and FK Liepāja, FK RFS and Valmiera FC (Latvia), along with two Estonian teams, will enter qualifying in 2021.
    [Show full text]
  • 1 Buenos Días, Queridos Socios Y Queridos Compromisarios
    Buenos días, Queridos socios y queridos compromisarios, bienvenidos a nuestra Ciudad Real Madrid. Antes que nada os agradezco vuestra asistencia, vuestra lealtad y vuestro compromiso hacia nuestro club. Sé muy bien que a todos nos une un mismo sentimiento. Un sentimiento que nos hace formar parte de esta gran familia madridista donde todos deseamos seguir siendo el club más importante de la historia del fútbol. Esta es la primera Asamblea tras las elecciones a compromisarios celebradas el pasado 24 de abril. Habéis sido elegidos por los socios de nuestro club y estoy seguro de que esa representación supone para todos vosotros un gran honor y también una enorme responsabilidad. Como presidente del Real Madrid os doy la enhorabuena a los que continuáis como socios compromisarios y a todos los que, por primera vez, tenéis el honor de representar a los socios de este club. Os agradezco vuestro trabajo y vuestra disponibilidad para que, juntos, hagamos un Real Madrid aún más grande. Debemos tener muy claro que este es el acto más importante de los que celebramos cada año. Hoy aquí vais a determinar el rumbo y el destino de nuestro club. Y, además, quiero resaltar de manera muy especial que hoy estamos en nuestra casa. Hoy estamos en esta Ciudad Real Madrid y en concreto en este fantástico pabellón de entrenamiento de baloncesto. Como podéis contemplar, nuestra Ciudad Real Madrid sigue creciendo cada año y lo hacemos porque, sin duda, ese también será un legado fundamental para las futuras generaciones de madridistas. Queridos socios compromisarios, para ser fieles a la tradición me gustaría comenzar esta Asamblea rindiendo homenaje a todos los socios y madridistas que nos han dejado.
    [Show full text]
  • FC Bayern Munich Principles
    FC Bayern Munich Principles Bayern Munich's club motto, "mia san mia," is a Bavarian phrase meaning "we are who we are." ​ ​ ​ Bayern Munich is the biggest and most storied club in German soccer history. Bayern Munich has an unprecedented 23 league and 16 national cup trophies in its display case. Good things come in threes at FC Bayern. Led by the legendary Franz Beckenbauer, a player so good that he invented ​ ​ the modern sweeper position, Bayern Munich won three straight European Cups from 1974‐1976. In 2013, the club completed a historic Treble, capturing the German Bundesliga, ​ ​ DFB‐Pokal league cup and UEFA Champions League crowns. ​ ​ In addition to other strong benefits, the FC Bayern Munich’s philosophy, which is, shared throughput the FC Bayern world including their players, staff and fans mirrors the beliefs that the Parsippany Soccer Club has. We all need to remember these principles and be proud that we can share the same philosophy and be affiliated with one of the biggest clubs in the world. Please take a moment and read through these principles and you will understand why we are affiliated with such a powerful but yet very humbled soccer club. The 16 principles of FC Bayern are explained below and are an accurate description of who Bayern really are. Again, they form a philosophy which players, staff and fans should live alike. ▪ Mia san ein Verein – We are one club: We are all formed by the club’s history, we are all ​ ​ involved in its development and we share the same values.
    [Show full text]
  • RULES of the FA CHALLENGE CUP COMPETITION (“The Competition”)
    RULES OF THE FA CHALLENGE CUP COMPETITION (“the Competition”) 1. CONTROL OF COMPETITION – RULES AND REGULATIONS (a) The ownership, organisation, control and management of the Competition and any rights associated with it of any nature shall be vested entirely and exclusively in The Association. (b) The Professional Game Board shall have the power to make, delete and amend regulations for the organisation, control and management of the Competition as it, from time to time, deems expedient (the “Competition Rules”) subject only to the authority of The Association Board where such matters relate to financial or commercial matters. Unless explicitly provided for within the Competition Rules definitions of terms used within the Competition Rules are those included within the Rules of The Association for the relevant season. (c) All Clubs and Players participating in any way in the Competition shall be bound by and comply with the Competition Rules (and any rules or regulations issued pursuant to the Competition Rules). (d) The Professional Game Board shall have the power to make decisions on all matters arising out of or in relation to the organisation, control and management of the Competition (including as to eligibility and qualification) which shall be final and binding on all Participants in the Competition. In relation to these and any other matters relating to the Competition but not specifically mentioned in the Competition Rules, the Professional Game Board shall have the power to take such action and make such decisions, orders, rulings and impose such penalties as it deems necessary and following such procedures as it considers appropriate and such shall, subject to Rule 32, be final and binding on all Participants.
    [Show full text]