Page 4 - Tim Bridge News Today

Premier League clubs suffer losses of nearly £1bn during pandemic Issued on: 15/06/2021 - 02:14 Net loss: Premier League clubs suffered a drop in revenue in the first pandemic-hit season Catherine Ivill POOL/AFP/File 2 min London (AFP) Premier League clubs reported a cumulative pre-tax loss of almost £1 billion ($1.4 billion) for the coronavirus-hit 2019-20 season, according to figures from finance company Deloitte. Fans were locked out of English...

Share Dan Jones of Deloittes sports business group said: The decrease in revenue in the 2019-20 season is, unsurprisingly, down to the global economic and social disruption caused by the Covid-19 pandemic and will continue to have a heavy impact on the 2020-21 seasons financial results when available. The absence of fans, postponement of matches and rebates to broadcasters had a significant impact on the revenue clubs have been able to generate. The full financial impact of the pandemic on the ...

‘Electric sky jeep’ from Old Buckenham company 11th May 2021 10:33 Europe/London An ‘electric sky jeep’ which aims to revolutionise life in remote communities around the world is being developed by a company called Nuncats based at Old Buckenham Airfield. The electric sky jeep is based on a Zenith CH750 kitplane fitted with  electric propulsion and lithium-ion batteres which replace the standard 100hp O-200 engine. Nuncats was founded by Tim Bridge, who said, ““Globally, more than ...

Julia DiFerdinando Which do you prefer: "panniversary" or "pandemiversary"? I think panniversary rolls off the tongue better, but the meaning of pandemiversary is a bit clearer. Whatever you want to call it, its been a year since the pandemic shat all over everything relating to music, nightlife and live entertainment. Also, practically every aspect of day-to-day life. Nearly all of Vermonts music venues and performing arts hubs shut down a year ago ...

Premier League spending slumps in January transfer window as virus bites Issued on: 4 min London (AFP) Premier League spending slumped by more than two-thirds to a nine-year low of just £70 million ($96 million) in the January transfer window as the coronavirus crisis hit budgets. The outlay was dramatically down on last years £230 million expenditure, which came just weeks before the Covid-19 pandemic shut down football across Europe. And it is in sharp contrast to a bumper summer transfer...

European clubs head fears pandemic losses of up to $10BN Empty stands are covered with photos of supporters ahead of the English FA Cup 4th round soccer match between Manchester United and Liverpool at Old Trafford in Manchester, England, Sunday, Jan. 24, 2021. (Laurence Griffiths/Pool via AP) |  Photo: AP By ROB HARRIS Created: January 27, 2021 04:59 AM European football teams face losing up...

Report shows that revenues of the top 20 clubs analysed fell by 1.1 billion euros in the 2019-20 season.

London (AFP) – The coronavirus pandemic could cost Europe’s 20 highest-earning football clubs over two billion euros ($2.4 billion, £1.4 billion), according to forecasts from financial experts Deloitte. Deloitte’s latest Football Money League report shows that revenues of the top 20 clubs analysed fell by 1.1 million euros in the 2019/20 season due to closed stadiums and television rebates. Some of that revenue will be recouped in the accounts for the 2020/21 season. The financial year ...

Europes top clubs face two billion euro coronavirus hit - report Issued on: 3 min London (AFP) The coronavirus pandemic could cost Europes 20 highest earning football clubs over two billion euros ($2.4 billion, £1.4 billion), according to forecasts from financial experts Deloitte. Deloittes latest Football Money League report shows that revenues of the 20 clubs analysed fell by 1.1 million euros in the 2019/20 season due to closed stadiums and television rebates. Some of that revenue will be...