The PFA has an annual turnover and net asset position of circa £24million and £48million respectively, putting the union in a strong financial position to enable it to provide considerable sums of money to each individual PFA department to further the organisations key objectives and meet the needs of all our members.
The PFA invests a substantial amount of money in member-specific initiatives and charities each year. The vast majority of revenue that the PFA receives comes from a share in the television revenue which the Premier League, the Football League and the Football Association receive from their broadcasting deals. Members’ subscriptions and investments also provide revenue for the union.
The PFA is a high-profile organisation with a very important membership that deserves the very best service levels. In order to provide quality service, the organisation needs to be financially sound run by a high-class team.
"I believe both internally and externally we have an excellent team delivering an excellent service.”
Darren Wilson, Director of Finance
Gordon Taylor OBE, PFA Chief Executive, works tirelessly on behalf of the union to negotiate the best possible agreements with the Premier League, the Football League and the Football Association. Thereafter, the real hard work begins in deciding how to distribute the funds; these decisions are a true collaborative approach with the PFA regularly consulting with the Trustees and Management Committee to obtain their guidance and approval.
All the PFA funds are inspected vigorously at the end of the financial year by the PFA’s current independent auditor, Beever and Struthers. Their role is to report their independent opinion on the accounts and that the books and financial records are well maintained. The auditors have also tested the finance departments internal control system and reported that the systems currently in place are in line with best practice.
The PFA also engages the services of Brabners LLP to ensure that 'The Professional Footballers' Association Charity' complies with the relevant charitable law.
The PFA has consistently demonstrated a strong commitment to backing a wide range of member and charity initiatives and with the union’s sound financial management and forward thinking, members will continue to benefit in the future.