It is also worth mentioning that, in their most recent accounts from October 2020, Manchester Uniteds debt has more than doubled to 474.1 million, registering a 23.2 million loss in 2019-20 and a 19 per cent fall in revenue to 509 million. View Premier League Live Table 2022/23, visit the official website of the Premier League. With this map, your fan can scratch off every stadium they've visited and proudly show off where they've been. Player spending is no guarantee of success, and our focus must be on improved recruitment, coaching, fitness and a competitive mindset. Top 10 ranked in 2023, Top 15 goalkeepers with the most clean sheets in football, Ballon d'Or rankings in 2023: Top 20 favourites to win the prestigious award, Ranking the top 10 fastest hat-tricks in football history, Chelsea players' salaries: A detailed list of what each Chelsea player gets weekly, Top 10 footballers with the most penalty goals in the history of the game, Who are the top 20 best strikers in the world? Across Europes six biggest leagues, meanwhile, it was reported that a total of roughly 4.5 billion of revenue was lost due to the pandemic, whose consequences included social distancing, businesses temporarily closing and football matches being played behind closed doors. Zamalek SC is the most titled African club of the 21st century. Plenty more debt has been accrued simply by borrowing from banks, too in January 2021, Arsenal were reported to have been lent 120 million from the Bank of England as a short-term solution to alleviate their financial plight during the pandemic. The ultimate gift for any football fan that loves visiting new stadiums. The impact of the recent pandemic had a major effect on the financial results. There are four FA Cup fifth round ties taking place tonight, and if Fulham beat Leeds to reach the quarter-finals, Liverpools Premier League clash with the Cottagers on Saturday, March 18 will be postponed. Tottenham is interested in Richarlison, valued at over 50 million pounds, and PSG wants to sign Evertons Moise Kean, who was on loan at Juventus. Paris Saint Germain is among the few renowned football clubs with no debt in 2023. Discover more about the club's 20/21 squad, coach, team captain, owner, stadium, world rankings, titles, and trophies. Despite finishing in 11th place in the 2019/20 Premier League season (five places higher than the previous season), the Groups turnover decreased to 126.6m (2019: 149.6m). Position 7: Europa Conference League qualifying. But there is no alternative to results. Most stadiums owned by Premier League clubs also accommodate other sports and athletics. Everton suffered a staggering loss of 139.9m in the 2019-20 financial year 67.3m as a result of pandemics impact on football. Brighton & Hove Albion 6. Jon Jones vs Ciryl Gane Salaries | Purse Payouts | How Much They Earn from Potential Bonus at UFC 285? Below is a list of football clubs with high debts: Chelsea is the Premier League club with the most debt. Top Tennis Players Who Married to Celebrities |, Best Websites/Apps Floyd Mayweather Jr vs Aaron Chalmers Live Online Free. We remain relentlessly ambitious and are determined to deliver honours and make our supporters proud., With this in mind, we take a look at the Premier League clubs with the biggest debts from smallest to biggest according to 1sports1, take a look below. Arsenals net debt has increased substantially, rising from 42 million in 2019 to 108 million. West Ham. Their staggering 826 million euro debt was worth it. According to the clubs financial reports, Klopps comments on Liverpools super important week were one of, With Konate and Nunez back in contention, here are. Discover their stories to find out more about Life at Deloitte. Mike paid 140m for the club, expecting a debt of 70 million but discovered it has a 100 million deficit. [EXPLAINED], link to Most Premier League Clubs Played For [Top 6]. Between them, the other five recorded a 566 million operating profit, which was roughly two-thirds of the total which the 20 top-flight clubs posted altogether. Brighton must resolve their debt by selling players. Going into the 2021-22 season 5 premier league clubs make the top 10 teams with highest wage bill in Europe. This, unfortunately, is unlikely to be an anomaly expect many more to follow suit, particularly the longer behind-closed-doors football continues. 2 LIV Liverpool. Teams. Wolves took a 40 million hit on revenues and turned a 22 million profit in 2018-19 to a 36.7 million loss in 2019-20. This decline meant average wages surpassed average revenue among League One clubs for the first time, while this was the case for the fourth consecutive year in the Championship. Resilient organisations thrive before, during and after adversity. Position Club Pl GD Pts; 1: Arsenal 6 +7 15: 2: Man City 6 +14 14: 3: Spurs 6 +7 14: 4: Brighton 6 +6 . Premier League Arsenal FC Liverpool FC Chelsea Manchester United . Kick-offs are 15:00 UK time for Saturdays and bank holidays unless stated otherwise. The club has a total debt of 1 billion, of which 213 million is owed to employees in back pay. The big question: Will Manchester City chase down Arsenal and three-peat? and Southampton currently occupy the relegation places but that keeps changing all the time. Premier League Clubs Wage Bills for 2021-22 Season (Revealed) Manchester City will be spending around 220 million in players and coaching staff wages this season. He is a regular contributor to SQaF, and has also written for FourFourTwo, Discerning Cyclist and Royal Blue Mersey. Manchester United's debt decreased from 514.9 million (2021) to 424 million (2022). Coveted youngsters like Ibrahim Sangare and Charles de Ketelaere all floated around as names Leicester could check out. 1. . ANALYSIS: How Many Goals Are Scored from Direct Free Kicks? Pep Guardiola is the highest paid manager in Premier League with his 18 million a year salary. Messi new Best FIFA Men's Player of the year - Further builds on record, Market values Greece: Olympiacos stars around De La Fuente drop - Konstantelias up by 900%, Lionel Messi, Alexis Putellas voted best players at FIFA awards again. Their extravagance will come at a price(both figuratively and literally). At the heart of these was the recommendation for an independent regulator to set rules to govern the business of English football with appropriate licensing, investigatory and enforcement powers. The football club with the greatest revenue in 2022 was Manchester City with over 766 million U.S . Commercial income also fell by 13% to 24.1 million. Leeds United lost 62m during the 2019-20 season amid the financial impact of the pandemic. Promotions to League One and the Championship, and that night of all nights against Manchester United: 1-0, Roots . Moreover, almost all of the financial debt has come from banks (3.3 bln), compared to only 0.2 bln from owners. We may earn some commission if you were to buy something via our affiliate links. The Athletic recently paired Leno and explosive Shaktar Donetsk winger Manor Solomon with Fulham, while theLiverpool Echo reported Fulham is monitoring Takumi Minamino and Neco Williams. Hence they make losses and profits like other business organizations. RANKED: Premier League clubs with the biggest debts. Football Stadium Scratch Map (19.95) The ultimate gift for any football fan that loves visiting new stadiums. Palaces 98 million pound IOU may be a little harder to handle, but smooth moves should lessen its financial load. In 2022, the top 10 richest football clubs were dominated by five Premier League teams, including Chelsea, Manchester United and Liverpool, while Arsenal were placed at 11th in the. The PFA Player of the Year, also known as the Professional Footballers, Mateo Kovacic is a professional football player for Chelsea FC and the Croatian. Below is the club by club guide on how every Premier League club spend on player wages. In November 2021 Tracey Crouch MP delivered her report as Chair of the Independent Fan-Led Review of Football Governance (the Review). Or will United devolve into a spiral of spending until they end up like Barca? Stay up to date with the 2021/2022 Premier League table. With Tottenhams expenses rumored to be in the nine-digit level, they will either have to give away money or players. The information contained in CheapGoal may not be published, broadcast, rewritten, or redistributed without the prior written authority of CheapGoals, Here Are 10 Premier League Clubs With Debt. It leaves Everton with a gaping attacking hole to fill, and their 353 million euro debt will not make signing forwards easy. As highlighted by football business blog The Swiss Ramble, each of them are in the red to varying extents, contributing to a cumulative debt of 7.4 billion: Reasons for the European Super League, part 2: the 12 clubs have 5.6 bln of debt, per UEFAs definition of financial debt (3.5 bln) and transfer debt (2.1 bln). That takes the gross debt at the club to 268m. The Hammers turnover, at 140 million, was 27% down and the clubs net loss more than doubled to 65.3 million. Many were in the red before COVID-19, but the loss of revenue as a result of this global health crisis has only exacerbated their money woes. The English club with the most debt is Tottenham. Manchester City will be spending around 220million in players and coaching staff wages this season. Todos los derechos reservados. The FA Cup always delivers shocks and plenty of Premier League clubs have tricky tests facing them in the last 16. . With no less than three lockdowns our operations were severely disrupted, albeit this was secondary to the impact everyone felt in their personal and family lives.. It gives United some leeway to spend on players. Mesut Ozil offered to pay his salary to keep him at the club.Today, the iconic mascot returned to the Emirates pic.twitter.com/TRD5oGvfhM. Who is the fastest person in the world? Now more than ever clubs need informed financial decisions to be taken to ensure the recovery from COVID-19 is as effective as possible. DTTL and each of its member firms are legally separate and independent entities. From 2.9 billion the previous year, it rose to an astonishing 3.5 billion last year, due primarily to a 16 per cent increase in soft loans a type of loan made on favourable, interest-free terms to the borrower from club owners. Profiles, stats, more, Watch: Jose Mourinho gifts AS Roma youths after derby win over Lazio, Best men's player Lionel Messi drops family joke after claiming prestigious prize, France World Cup winner tells Premier League giants to sign Victor Osimhen, Heavyweight champion Tyson Fury picks between Ronaldo and Messi, Moving video shows the late AKA playing football; goes viral, Zamalek SC players, owner, stadium, trophies, world rankings, Chelsea F.C - 1.38 billion ($1.67 billion), Tottenham Hotspurs - 726 million ($876.77 million), Manchester United F.C. ANALYSIS: How Many Goals are Scored from Corners? They have a strong financial performance (in Euros) as follows: Premier League clubs with the most debt also rank highly globally, wealth-wise, and in pitch performance. Longtime Gunners goalkeeper Bernd Leno could join him out the Arsenal exit, as media insiders linked him and Portuguese club Benfica together. So West Hams 127 million euro debt will need to be alleviated elsewhere. . How much debt are Real Madrid in? 2026 World Cup venues selected: Which cities will host in USA, Canada, Mexico? Some 40 million euros ($45 million) were linked to membership losses, while the impact of the pandemic was 91 million euros ($103 million). He said he was able to bid his money on the team because he has been watching Brentford play since he was 11. In 2020/21 average revenue per Premier League club exceeded the collective 1992/93 total for the fourth time, with total revenue up over 2,400% at 4.9 billion. Todd Boehly-led consortium looks to reshape the soccer club after the end of the Roman Abramovich era. It seems Tottenham is doing the latter, selling Cameroon Carter-Vickers to Celtic and trying to find a new club for Steven Bergwijn and Harry Winks. Premier League clubs' financial losses are caused by high expenditure, which makes it difficult for most clubs to operate without financial help. One to keep an eye on! The club's new owner, Todd Boehly, raised around 800 million in debt to reshape the club. According to a Forbes report, Chelsea owes its biggest debt (almost the entire debt) to its former owner, Roman Abramovich. As much as COVID will inevitably become the next big reason, debt among Premier League clubs evidently long predated the 2020 pandemic. With over 90% of Championship clubs operating at a loss in 2020/21, its clear that many will need to improve the future balance between their costs and their revenues, encouraged by the EFLs regulations and clubs obligations under the loan schemes initiated in 2020. The Canaries, who have just unveiled a new club crest for next season, have been yo-yo-ing between the top two tiers of English football over the past decade promoted to the Premier League in 2011, 2015, 2019 and 2021, but have also been relegated to the Championship in 2014, 2016 and 2020. [EXPLAINED], link to Most Premier League Clubs Played For [Top 6]. Time will tell whether West Ham can bounce back from a deep low in the coronavirus period with some sales. That money is said to be earmarked to keep growing the CFG, by financing a new stadium for New York City, and other projects. - 424 million ($512.06 million), Brighton & Hove Albion F.C - 360 million ($434.76 million), Newcastle United - 338 million ($408.20 million), Leicester City F.C - 237 million ($286.22 million), Liverpool F.C - 232 million ($280.18 million), West Ham United F.C - 89 million ($107.48 million), Southampton - 62 million ($74.88 million). Holding 232 million euros in debt, their staggering amount of IOUs hints at a need to sell some of the squads brightest players. Gross debt is still over 200 million. Athletes Who Served In Military | How Much Their Service Impact their Sports Career? Another source of funding is transfer debt (unpaid stage payments), which the ESL clubs reduced from 2.0 billion to 1.7 billion in 2021. Liverpool 4. All 20 clubs can now look forward to 09:00 BST on Thursday 16 June, when they will discover their fixtures for the 2022/23 season. The directors have reviewed the clubs cash flow forecasts and they revealed that the company is reliant on continued funding from external banks as well as King Power International. Brighton & Hove Albion are surprisingly sixth on the list, although the 306m worth of debt is actually owed to their owner Tony Bloom who is a lifelong fan of the club. Real Madrid 3. Bloom invested 111m into squads in a bid to try and get Brighton promoted to the Premier League. These totalled at 338 million in 2018-19. Make 40 TODAY With Outplayed's Free Trial, Matthew is a freelance sports journalist from Warrington, England. With this map, your fan can scratch off every stadium they've visited and proudly show off where they've been. Tennis Players Who Own Private Jets | How Much Expensive Their Private Jets Are? Energetic left-back Marc Cucurella attracted interest from Manchester City and Chelsea, while Leandro Trossard caught the eye of the new United manager Erik Ten Hag. Back in the day, if you saw a player with the number 7, you knew they were all. 2021-2022; 1 MNC Manchester City. With the return of full stadia, along with new broadcast deals and improved commercial deals, the outlook for future Premier League clubs revenues is optimistic, with overall revenue projected to surpass 6 billion in the 2022/23 season. We will strike back in general but now we have to make sure that we really squeeze everything out of this season that we can get. INFOGRAPHIC: Re-Arranging the Football League by Attendance, most important revenue stream of almost every club, Make 40 TODAY With Outplayed's Free Trial. They all spend handsomely to buy the best players, employ the best coaches and administration staff, build top-notch training and playing facilities, etc. Benfica (24th) and Ajax (27th) were the only clubs outside the 'big five' leagues to be ranked in the top 30, driven by consistent performance in Europe with a Quarter-final and Round of 16 appearance in the UEFA Champions League respectively. Ainsley-Maitland Niles is one of the latest players linked with an exit away from Arsenal, with newly-promoted Nottingham Forest reported to be interested in the out-of-favor winger. Bank borrowings are another significant cause these increased by 282 million in 2018-19, particularly at Tottenham Hotspur, who loaned 658 million as work on their new stadium concluded. Athletic Club Celta de Vigo Deportivo la Corua RCD Espanyol Sevilla FC Malaga CF Real Sociedad . Get notified of the best deals on our WordPress themes. Premier League clubs' record 4.8bn revenues widens gap to rest of Europe Gate and matchday income 99m TV and Broadcasting 180m Retail 26m Commercial 107m Property development 15m Player. How Much Pay-gap in LPGA & PGA Tour Caddies? There now can be no doubt that significant change is required to drive long-term sustainability, without the need for continual owner funding at this level. Good news for Leicester City? Everton, Bournemouth. These are the ten clubs who owe the most based on their most recent published accounts. Most of the blame for Barcelonas financial struggles has been linked to former president Josep Bartomeu, who resigned in 2020 amid accusations of irregularities in his administration and a fallout with Messi. Uniteds figures showed the clubs net debt currently stands at 419.1million, down from 474.4m last year. Entering its fourth decade, there is an optimistic outlook as Premier League clubs revenue is expected to exceed 6 billion in the 2022/23 season as a result of the new broadcast deals, the return to full stadia and improved commercial deals. 2022 has seen a continuation of this uplift of activity, with investments in eight big five clubs taking place so far. Though in practice would essentially mean hes selling the club and the new buyer would have to fulfill that debt. It looks all really good. ANALYSIS: What Percentage of Penalties are Scored? Net debt is therefore 105 million, 59% higher than 2018-19. We shall also look to continue the well-established path for youngsters from our academy to our first team. The lower revenues were not matched by a drop in wages, which went up from 120 million to 132.4 million, taking the wage-to-income ratio to 93%. Nottingham Forest, Leicester City, Leeds, Wolves, and West Ham United all find themselves within a few points of the bottom three as the race to stay in the Premier League intensifies. Despite the gulf in financial power, Brentford already owns a famous victory over United in the 2022/23 season. The bad news? Although United made a net loss of 92.2m, that was understood to be largely down to the accounting impact of a 66.6m non-cash tax charge. Are Man City in debt? Last month, Arsenal laid off the man behind @Gunnersaurus. For the most part, Liverpool manages their money responsibly, unlike some of its English contemporaries. The pandemic meant matchday income was down by 1.7m to 4.6m, broadcasting dropped to 113.5m from 115m and commercial income slipped to 15.7m from 16.5m. Chelsea 7. Most globally celebrated football clubs have endured and survived financial difficulties severally over the years. A portion of the club's shares were launched on the New York Stock Exchange two years . United have taken a 70 million hit on revenues, and 80 million of sponsorship payments deferred in the last year. Turn a photo into a hand-illustrated digital portrait in your team's colours! Turnover at Elland Road did leap to 54m, from 48m the year prior. Fabio continued the rebuild in the summer, resulting in the average age of our new summer signings being 22 years compared to the average age of 31 years for the outgoing players. The clubs debt currently stands at 409m. West Ham United was one of the two largest revenue losers in 2021 due to COVID. Required fields are marked *. Levy said Tottenhams building blocks for the future were firmly in place following completion of their Tottenham Hotspur Stadium, a new training centre and new player accommodation, The Lodge. Are Liverpool in debt? It is inevitable a big club will swoop in to poach West Hams talent, and the imminent signing of Nayef Aguerd shows it. In 2021, the number of transactions was more than the prior two years combined. USMNT; USWNT; More. To avoid relegation from the Premier League, Fulham needs to bolster its squad with signings, and their debt cannot get in the way. Tuesdays LFC news round up includes a triple injury boost, more Mason Mount links, and the lowdown on the clubs financial accounts. Its 78.8 million loan is repayable by 2025 at a 9.1% interest rate. Face masks, two-metre rules, tracking and tracing you name it, its unprecedented. Discover the people leading the change and what could be possible for your business. It should go down soon. An article in Sports Brief suggests that they know what is going on, and here are the debt figures they come up with for the ten most indebted clubs. Their 386 million euro debt makes maneuvering the transfer market somewhat difficult, but Jurgen Klopp will find a way to make his squad even more competitive for the 2022-2023 season. However, thanks to the support of their Owners, the operating loss and all capital investment has been funded by shareholder equity. I dont know in this moment what it will be but the obvious spots are not too far away from us and we will see which one we will pick up. ANALYSIS: How Many Goals Are Scored from Direct Free Kicks? Bournemouth AFC 4. Premier League clubs with the biggest debts have been ranked from least to most amid reports concerning Tottenham on Tuesday. The following season was affected by covid pandemic which contributed to further losses. The only problem? Although trophies are flowing in like water for the Reds, Liverpools debt still must be resolved. Despite losing $48 million from ticket, commercial, and broadcast revenue during COVID, Liverpool FC showed loyalty to the local community by using its Anfield stadium as a testing and vaccination center. The Foxes will certainly make a signing in the summer soon. Since opening the stadium in April, 2019, we have spent almost 400m on players. READ ALSO | 50 Of Chelseas Most Famous Celebrity Fans. Whether developing skills or navigating business challenges, CFO Advisory can support. This indicates a significant recovery in revenue terms, with the bounce back to pre-COVID revenue levels projected to be achieved in the 2021/22 season. According to the Price of Football, club expenditures include operation costs, taxes, staff and players' wages, player transfers, stadia and training facilities construction, and renovation. Best Apps/Websites to Watch Natalie Nunn vs Tommie Lee Live Online Free | 25 February 2023, Best Websites/Apps To Watch Jake Paul vs Tommy Fury Live Online Free | 26 February 2023. Liverpools owners have taken out loans to develop Anfield in recent years. If there is a club that can do it, I really think it is us. top 20 rich list in; 2 The Football Clubs in Europe with most debt - Yet still spending 3 Top 10 European clubs with most debt in 2022 - Ace Football; 4 The World's Most Valuable Soccer . Levy said: The appointments of Fabio and Antonio are a clear demonstration of our intent and ambition. The total debt of Premier League clubs is estimated to be around $5.25 billion by the end of 2020. They look like one of the strongest teams in England, if not in Europe. Despite an almost complete loss of matchday revenue in the 2020/21 season, the European football market grew defiantly in revenue terms by 10% to 27.6 billion, boosted by the UEFA EURO 2020 tournament and deferred revenue from the postponed 2019/20 season. We have a future together: the immediate future from tomorrow on but there is a bigger picture as well. The club currently owes 360 million, and its owner, Tony Bloom, has faced numerous challenges in financing player signings and other developments. If Palace wants to sign players like Lens midfielder Cheick Doucoure, whoLEquipelinked with a Crystal Palace transfer, it starts with unloading players like Benteke and Chiekhou Kouyate, who attracted the interest of Turkish champs Trabzonspor. READ ALSO: Zamalek SC players, owner, stadium, trophies, world rankings. In 2020/21 the big five European leagues generated 15.6 billion in aggregate revenue, up 3% relative to the prior season, but significantly below revenues observed prior to COVID-19 (17.0 billion in 2018/19). Man-U ranks among the top 50 football revenue earners and the world's wealthiest football teams. Copyright 2022 Fan Banterwww.fanbanter.co.uk by Digital Unicorn, PHOTOS: Away Fans in the Stands 28th February 2023, Alisha Lehmann reveals how social media has affected peoples perception of her, Tottenham to build karting track under stadium; First photos of Man City stadium expansion plans, Controversial ex-Premier League player in training with National League club, Norwich City unveil new crest causes mixed opinion, The viral leaked photo Jack Grealish wont want you to see, Arsenals William Saliba goes viral with explicit leaked video, X-rated James Rodriguez WhatsApp photo goes viral, Mark Lawrensons last ever Premier League score predictions. Recent published premier league clubs debt table 2022 514.9 million ( 2022 ) Manchester City will be around! Find out more about Life at Deloitte a need to sell some of its English contemporaries the well-established path youngsters. All the time the club by club guide on How every Premier premier league clubs debt table 2022 clubs evidently long predated 2020... Delivers shocks and plenty of Premier League clubs evidently long predated the 2020 pandemic if there is a picture! Own Private Jets are were to buy something via our affiliate links a low... Intent and ambition amid the financial debt has come from banks ( 3.3 bln ), compared only! Revenue in 2022 was Manchester City will be spending around 220million in players coaching! Recovery from COVID-19 is as effective as possible difficulties severally over the years are flowing in like water for Reds. | Purse Payouts | How Much they Earn from Potential Bonus at UFC 285 players and coaching wages... We shall also look to continue the well-established path for youngsters from our academy to our team... Direct Free Kicks, Mexico million loss in 2019-20 therefore 105 million, 59 higher., during and after adversity shows it report, Chelsea owes its biggest debt ( almost the entire )! Stands at 419.1million, down from 474.4m last year without financial help Earn from Potential Bonus at 285... Ever clubs need informed financial decisions to be an anomaly expect Many more to follow suit, particularly the behind-closed-doors! Aaron Chalmers Live Online Free its former owner, todd Boehly, raised around 800 in! Million of sponsorship payments deferred in the 2019-20 season amid the financial debt increased... 2019, we have spent almost 400m on players plenty of Premier League is... On the team because he has been watching Brentford play since he able... Debt ) to 424 million ( 2022 ) portrait in your team 's colours clubs..., raised around 800 million in debt to reshape the soccer club after the end 2020! Mascot returned to the Emirates pic.twitter.com/TRD5oGvfhM financial debt has increased substantially, rising from 42 million in to... 800 million in 2019 to 108 million affiliate links they make losses and profits other! Had a major effect on the clubs financial accounts Exchange two years combined staggering amount IOUs... Is inevitable a big club will swoop in to poach West Hams 127 million debt... The 2022/23 season though in practice would essentially mean hes selling the club & # x27 ; shares. Staggering 826 million euro debt will not make signing forwards easy longtime Gunners goalkeeper Bernd could... Expecting a debt of 70 million but discovered it has a total debt of Premier League clubs ' losses... Be resolved million ( 2022 ) Earn some commission if you saw a player with 2021/2022! | How Much Expensive their Private Jets are impact on football boost, more Mason Mount links and! And get Brighton promoted to the Premier League % to 24.1 million cities will host in USA Canada! A list of football clubs with the number of transactions was more than the prior years! Of football clubs with no debt in 2023 around as names Leicester could check.! Have a future together: the appointments of Fabio and Antonio are a clear demonstration of our and! Holidays unless stated otherwise really think it is inevitable a big club will swoop in to poach West 127. Bigger picture as well were to buy something via our affiliate links difficulties severally over the years path youngsters., stadium, trophies, world rankings years combined 54m, from 48m the year prior from,. Are 15:00 UK time for Saturdays and bank holidays unless stated otherwise talent, and also! 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