Nick Read

448 posts

Nick Read

Nick Read

@nickeread

Father of two boys & data scientist (all views my own, naturally)

Katılım Şubat 2012
142 Takip Edilen28 Takipçiler
Nick Read
Nick Read@nickeread·
@henrywinter I don't have a problem with politicians associating with football, especially when they have a genuine connection such as being a supporter or being the local MP. The problem is that Farage is a dangerous and divisive man who Ipswich should have avoided
English
0
0
0
70
Nick Read
Nick Read@nickeread·
@CantenaryTales @KieranMaguire Thank you for the helpful replies. I think I understand it now, at least the maths part... It's basically a £17m pa social media business attached to a £15m pa football business. That's quite impressive, but they still manage to spend all of the extra on player wages.
English
0
0
0
362
Nick Read
Nick Read@nickeread·
@CantenaryTales @KieranMaguire OK. So basically they have much higher profile (and value) sponsorship deals than other L1 clubs off the back of the fame of their owners and the Netflix deal? Is that really worth more than all of the match day income?
English
3
0
0
817
Kieran Maguire
Kieran Maguire@KieranMaguire·
Wrexham financials in League One in 24/25 ⚽️Revenue £33.3m⬆️ 24% ⚽️Wages £19.9m ⬆️80% ⚽️Operating loss £14.8m
Kieran Maguire tweet media
English
25
30
117
97.5K
ASA
ASA@Asa1992Scott·
@KieranMaguire Well....the value of Wrexham increased to c£350m from £2m in 2021 so its an easy loss to swallow.
English
10
0
7
5.4K
Politics UK
Politics UK@PolitlcsUK·
🚨 NEW: The proposed names the Government is considering calling its new towns - Elizabethtown (after the Queen) - Pankhurst (after suffragette Emmeline) - Attleeton (after ex-PM) - Athelstan (first King of England) - Seacole (after nurse Mary) [@thetimes]
English
774
170
6.7K
5.4M
Nick Read
Nick Read@nickeread·
@KieranMaguire How can a business lose £17m on turnover of £19m? Most football fans know that football finance is terrible but the scale of it is just crazy.
English
1
0
1
1.5K
Kieran Maguire
Kieran Maguire@KieranMaguire·
Oxford United publish 24/25 accounts, when the club finished 17th in the Championship. The bonkers nature of football finance is that the club is being evicted from the current stadium, and the £10m spent to date on finding/building a new one is not allowed for PSR purposes. 🔑figures ⚽️Revenue £19m ⬆️125% (due to promotion and get £6.50 in broadcast money in Championship for every £1 in League One) ⚽️Wages £21.7m ⬆️92% ⚽️Wages 114% of revenue ⬇️19% ⚽️Underlying loss £16.0m ⬆️33% ⚽️Stadium development costs written off £2.6m ⚽️Player sale profits £0.1m ⬇️86% ⚽️Pre tax losses £17.5m ⬆️10% ⚽️Total losses over the years £66.9m 😲 ⚽️ Player purchases £5.9m ⚽️Player sales £0.6m ⚽️Borrowings £58.9m
Kieran Maguire tweet media
English
18
30
109
108.8K
Nick Read
Nick Read@nickeread·
@jarno_nr46 @BrilliantMaps It doesn't surprise me at all because I've been to the Netherlands many times! It's still pretty amazing that more Dutch people speak English than Canadians.
English
0
0
1
16
Jarno_Philipsen
Jarno_Philipsen@jarno_nr46·
@nickeread @BrilliantMaps It will surprise you. But here in the Netherlands almost everyone can speak quite well. Its thought to all early from the age of 7. And movies and series aren't dubbed here.
English
1
0
0
15
Nick Read
Nick Read@nickeread·
@MarkDavies67 I love that the story is that it's your son who wants to hold the trophy, and then there's a photo of you holding the trophy! Lovely story though 🏆
English
1
0
3
1.3K
Mark Davies
Mark Davies@MarkDavies67·
…a few minutes later with the trophy. “Want to hold it?” he says to my son: you bet he did. So did I!! Brilliant club. Great story.
Mark Davies tweet mediaMark Davies tweet media
English
16
73
7.2K
199.5K
Mark Davies
Mark Davies@MarkDavies67·
We went to Bodø on holiday a few years ago. No game on but I took my son to the ground. Went to the club shop and got chatting to the lovely people there. They’d just won the Norwegian league. “Want to see the trophy?”, they said. Of course! Chap nipped out back and came back…
Adam@AdamJoseph

Bodø/Glimt have a weekly wage bill of just €140k, that's €7.3m per year. The market value of their squad is €57m. They've beaten City, Atléti & Inter (twice) in their past four Champions League games, two of those at the Metropolitano & San Siro. Best story in football.

English
36
476
20.3K
2.6M
Nick Read
Nick Read@nickeread·
@Haltonn @KieranMaguire They're currently 19th in League One and fighting relegation. Every club in their league is spending beyond it's means
English
1
0
0
117
Tom
Tom@Haltonn·
@KieranMaguire Just looks to me like they're spending more on players to try shift up the leagues
English
1
0
0
1.7K
Kieran Maguire
Kieran Maguire@KieranMaguire·
My Companies House update alarm has just pinged at 2am. The frightening increase in losses in lower league football continues. Burton Albion, historically one of the best run clubs in the EFL historically, has gone from a £1.3m loss to a £8.3m loss after acquisition by Nordic Football Group in June 2024. The club finished 20th in League One. 🔑 figures ⚽️Revenue £6.4m (no change) ⚽️Wages £8.2m ⬆️ 53% ⚽️Wages £122 for every £100 revenue (2024 £84) ⚽️Employees 315 ⬆️ 73 ⚽️Management charge from owners £1.3m (2024 Nil) ⚽️Amortisation £727k (⬆️ 385%) ⚽️Loss £8.3m ⚽️Player purchases £1.18m ⚽️Player sales £267k ⚽️Borrowings £10m (⬆️ 525%) Loans are from owner who wrote off £8.7m of the loan late in 2025
Kieran Maguire tweet mediaKieran Maguire tweet mediaKieran Maguire tweet mediaKieran Maguire tweet media
English
54
54
338
219.3K
Nick Read
Nick Read@nickeread·
@KieranMaguire Sorry if this is a stupid question but what is the "Commercial" or revenue from group companies for a club this size? Is it just Dale Vince cross subsidising FGR from his other businesses? Or is it a meaningful sustainable income?
English
3
0
1
3.6K
Kieran Maguire
Kieran Maguire@KieranMaguire·
Forest Green Rovers publish 2025 accounts. Very comprehensive by L2/NL standards. 🔑figs ⚽️ Revenue £7.3m ⬇️8% ⚽️ Of which, revenue from group companies £4.1m ⬆️4% ⚽️ Wages £6.4m ⬇️17% ⚽️ Underlying loss £3.1m ⬇️30% ⚽️ Player purchases £200k ⚽️ Player sales £66k ⚽️ Third party borrowings £12k ⚽️ Owed to parent company £8.1m ⚽️ Total losses over the years £18.1m
Kieran Maguire tweet media
English
23
16
82
158.5K
Nick Read
Nick Read@nickeread·
@AidasLitvinas2 @KieranMaguire @EFL You're asking the right question. It is a problem though, because football has become a competition for who has the wealthiest owner, not which club is the best run.
English
0
0
3
330
kamienias 🇵🇱 | 🇺🇿🇹🇯
@KieranMaguire @EFL Can we really call it a problem though? Everybody involved seems to be content with the situation. Owners in modern football aren't investors, they know the sport only brings losses so if they subsidise clubs it's a conscious decision for personal reasons
English
10
0
8
7.6K
Kieran Maguire
Kieran Maguire@KieranMaguire·
The average attendance in the @EFL Championship at the weekend was 22,120. Forty years ago it was 5,984. Average losses in the Championship are £570,000 a week. Player sales and owner subsidies help clubs to survive. Football doesn’t have a selling seats problem, it has a cost control problem. (Thanks to John Sayers for the pic)
Kieran Maguire tweet media
English
167
304
2.5K
515.6K
Nick Read
Nick Read@nickeread·
For the past couple of months I've been working on a side project: a concept to build a better app for listening to and engaging with podcasts in new ways. I'm pleased to say that it's now generally available for Android devices.
podbot@podbotcast

PodBot is a clean and simple app for listening to podcasts, which also delivers transcripts and recaps of any podcast. And on top of that is PodBot, who answers questions about any podcast. PodBot is now available on Google Play for most Android devices play.google.com/store/apps/det…

English
0
0
0
97
Paul Astell
Paul Astell@paul_astell·
@SimonCalder I've reached a ripe old age where I've never done a sleeper but have always wanted to. Is this one to consider, or is it something not to do voluntarily? 😀
English
5
0
1
353
Simon Calder
Simon Calder@SimonCalder·
Caledonian Sleeper (Highland version, London Euston to/from Aberdeen, Inverness and Fort William) starts calling at Birmingham International from tonight. independent.co.uk/travel/news-an…
English
8
10
91
13.2K
Nick Read
Nick Read@nickeread·
@refsupportuk It's time to add something to Law 4 about minimum size of shin pad.
English
1
0
24
725
Nick Read
Nick Read@nickeread·
@JHWeissmann @nxthompson Exactly. A couple of years ago there were a lot of startups (and famously the Amazon Fresh camera based payment system) that pretended to have AI systems but we're really mechanical Turks. Presumably not so much the case now?
English
1
0
23
557
nxthompson
nxthompson@nxthompson·
This is wild. Particularly the 6%.
nxthompson tweet media
English
76
164
3.3K
1.4M
Nick Read
Nick Read@nickeread·
@TerribleMaps The favourite drink in most countries in the world is one of: tea, coffee, beer, wine, vodka, etc. The idea that drink = carbonated soft drink is a uniquely American one. I know it's meant to be funny, but the only good thing about this map is the NZ joke.
English
0
0
0
54
Terrible Maps
Terrible Maps@TerribleMaps·
Does Coca-Cola make your country’s favourite drink?
Terrible Maps tweet media
English
429
429
5.8K
1M
ustonymc
ustonymc@ustonymc·
"You cannot invade mainland United States. There would be a rifle behind each blade of grass. Should hostilities once break out between Japan and the United States, it is not enough that we take Guam and the Philippines, nor even Hawaii or San Francisco. To make victory certain, we would have to march into Washington and dictate the terms of peace in the White House. To fight the United States is like fighting the whole world. But it has been decided. So I will fight the best I can." Admiral Isoroku Yamamoto
ustonymc tweet media
English
44
227
1.4K
39.7K
Nick Read
Nick Read@nickeread·
@TVickers1 It says "banking transaction", not a deal with another club. So basically just a bank loan secured on future incomes due.
English
0
0
7
5.1K
Tom Vickery
Tom Vickery@TVickers1·
Fantastic from both Fulham and Birmingham to pay the Jay Stansfield money in full rather than instalments over a few years. This is a serious wake up call for the people at the top to prevent anything happening like this again, could have easily lost a club because of it. #ecfc
Exeter City FC@OfficialECFC

📝 Financial update from Exeter City Football Club Chairman Richard Pym: We are pleased to confirm that this week we completed a banking transaction that brings forward the receipt of some deferred transfer monies. This step provides an immediate financial injection while we realign expenditure and continue to explore the opportunities available to secure the Club’s long-term future.

English
15
26
1.1K
388.2K