FA has invested a record £128 million into football – beating the previous record by £1 million
16 April 2019
Chief Executive Officer Martin Glenn is very happy with the results and the investments made in the technical division and St. Georges Park during the season.
New deals with Nike, Emirates and Budweiser will influence next year’s financial records in a positive way.
The FA has announced its financial results for the 2017/18 season, where it invested a record £128 million back into every level of football. This tops the previous record by £1 million.
During the season, the FA generated total turnover of £376 million, up from £351 million the year before. The results comprise a consolidation of The Football Association Limited, Wembley National Stadium Limited and the National Football Centre Limited.
Women’s football is growing rapidly
“The FA has produced another strong set of financial results and last season we were able to invest a record £128m into the future of English football,” Chief Executive Officer Martin Glenn, said in a statement.
Helping to support the England teams to be ready to win and prepared for tournaments has been one of our main priorities.
In the annual report, the FA mentioned a wide range of initiatives that it supports, one being “Girls’ Football Weeks” where 80,000 players participated. In general, girls’ and women’s football is growing in England with a 13 per cent increase in affiliated teams. The FA highlighted the 12 million players all over the country led by the 400,000 volunteers including 200,000 qualified coaches and 27,000 referees.
The records also show that Glenn had a pay increase of 13.59 percent from £699,000 a year to £794,000 a year.
"With the FA in strong financial health we are able to give even greater support to our key initiatives. Helping to support the England teams to be ready to win and prepared for tournaments has been one of our main priorities. The investment into the technical division and St. Georges Park has played a major role in the progress of all of our England teams,” said Glenn.
New deals in the coming season
Broadcasting and sponsorship continue to be the FA’s largest revenue stream with £146 million made from broadcasting – up £15 million from 2017. Sponsorship and licensing brought in £17 million, £2 million more than in 2017.
The 2017/18 season also marked the final year of a number of existing commercial deals, however new high-profile deals will benefit the FA financially after they come into effect from the start of the 2018/19 season.
These include a 12-year deal with kit-partner Nike, a three-year FA Cup extension with title sponsor Emirates, a long-term partnership with Budweiser and the start of the record six-year deal for the international broadcast rights for the Emirates FA Cup with Pitch and IMG.
“The FA is in a good financial position and I am very confident in the focus and direction of the organisation. We remain committed and steadfast in driving positive and meaningful change to ensure that English football, across all levels of the game, is For All," Glenn said.
The season was also Wembley Stadiums busiest year to date, hosting a record of 58 events with over four million spectators combined.
Investment in grassroots
Across the season, nearly 11.5 million people played football in England – 8.9 million male and 2.5 million female players across a total of 91,251 affiliated teams, 27,730 affiliated youth mini-soccer and 2,061 disability teams.
"As a not-for-profit organisation, investment plays a crucial role in helping us deliver positive improvements to every part of the game. Another of our key objectives in the 2017/18 season was to help modernise the grassroots game with digital investment. The introduction of The FA’s Full-Time mobile app has been a game-changer for grassroots football, making the management of teams much more efficient and effective,” said Glenn in the statement.