robin_unreliant Posted November 1, 2018 Report Share Posted November 1, 2018 https://footballeconomyv2.blogspot.com/2018/10/bristol-city-losses-up.html?m=1 According to this article. If true the theory that we have saved money from the summer sales to splash later seems unlikely. Link to comment Share on other sites More sharing options...
hoxton casual Posted November 1, 2018 Report Share Posted November 1, 2018 Wow - wage bill up £5m!. How much is it now £20m a year? That used to be big bucks, but I wonder how it compares to other clubs? Link to comment Share on other sites More sharing options...
Port Said Red Posted November 1, 2018 Report Share Posted November 1, 2018 4 minutes ago, robin_unreliant said: https://footballeconomyv2.blogspot.com/2018/10/bristol-city-losses-up.html?m=1 According to this article. If true the theory that we have saved money from the summer sales to splash later seems unlikely. This must be prior to our transfer activity surely? A rough estimate would be £23m from the sale of the 3 main players alone. Link to comment Share on other sites More sharing options...
The Original OTIB Posted November 1, 2018 Report Share Posted November 1, 2018 2 minutes ago, Port Said Red said: This must be prior to our transfer activity surely? A rough estimate would be £23m from the sale of the 3 main players alone. Likely June year end Link to comment Share on other sites More sharing options...
Port Said Red Posted November 1, 2018 Report Share Posted November 1, 2018 1 minute ago, The Original OTIB said: Likely June year end So the wage bill is likely to be different too? Seems unlikely that there is an issue here. Link to comment Share on other sites More sharing options...
RedRaw Posted November 1, 2018 Report Share Posted November 1, 2018 4 minutes ago, hoxton casual said: Wow - wage bill up £5m!. How much is it now £20m a year? That used to be big bucks, but I wonder how it compares to other clubs? As was posted on another thread yesterday.... Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 1, 2018 Report Share Posted November 1, 2018 Just took a first look at the accounts. Remember for Bristol City Holdings and Bristol City FC there will be some differences if prior years are anything to go by- unsure when Bristol City Holdings Accounts are out but that could also be a valid measurement. Some key takeaways: Turnover- £17,109,165 (up from £14,293,531 in 2017). Up by about 19.7% Wages (this obviously includes all staff, including Directors salaries- but this is purely wages, not pensions or Social Security costs)- £20,592,538. (up from £15,957,410 in 2017). Up by about 29.04% In FFP terms, we're fine but not by a lot when it comes to the 3 year period from 2015/16 to last season, but this indicates fully why the summer sales were needed. @RedRaw @hoxton casual I've got a feeling that those wages are mainly 2016/17- for us that looks like the Bristol City Holdings for 16/17 as opposed to BCFC figures for season just gone. Our BCFC Holdings wages should be higher than this, but then so should the turnover! Link to comment Share on other sites More sharing options...
hoxton casual Posted November 1, 2018 Report Share Posted November 1, 2018 1 minute ago, RedRaw said: As was posted on another thread yesterday.... Thanks Red Raw. Make what Burnley, Watford, Brighton and Bournemouth are achieving even more impressive. In our division Sheff Utd also looks impressive use of investment. Link to comment Share on other sites More sharing options...
Bristol Rob Posted November 1, 2018 Report Share Posted November 1, 2018 How Leeds keep their wage bill so low remains one of the great mysteries. Link to comment Share on other sites More sharing options...
Major Isewater Posted November 1, 2018 Report Share Posted November 1, 2018 22 minutes ago, RedRaw said: As was posted on another thread yesterday.... Surely some mistake , it says the fifty biggest British clubs and yet I don't see the Gas ! Link to comment Share on other sites More sharing options...
Bristol Rob Posted November 1, 2018 Report Share Posted November 1, 2018 2 minutes ago, Major Isewater said: Surely some mistake , it says the fifty biggest British clubs and yet I don't see the Gas ! They are on the global list, they are that big. Link to comment Share on other sites More sharing options...
Bristol Rob Posted November 1, 2018 Report Share Posted November 1, 2018 So aside from our wage bill seemingly jumping by almost 100k a week, are there any good news stories to come from these accounts? Link to comment Share on other sites More sharing options...
Super Posted November 1, 2018 Report Share Posted November 1, 2018 Interesting that Wolves are low down on that list. Link to comment Share on other sites More sharing options...
BS4 on Tour... Posted November 1, 2018 Report Share Posted November 1, 2018 So we pay higher wages than Leeds? That’s interesting...especially when people say we can’t compete with them in the transfer market etc... Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 1, 2018 Report Share Posted November 1, 2018 29 minutes ago, Super said: Interesting that Wolves are low down on that list. That list is 2017 mainly- as in 16/17 season except for those listed 2018. In layman's terms, pre Neves for them! Which adds confusion because our figures on there seem to be consistent with our Bristol City Holdings wage bill from 2016/17 as opposed to our Bristol City FC Wage bill from last season. They've used our BCFC Holdings figures basically, which aren't out yet. Link to comment Share on other sites More sharing options...
Super Posted November 1, 2018 Report Share Posted November 1, 2018 I'm guessing these figures don't include the sale of Flint Reid and Bryan? Link to comment Share on other sites More sharing options...
nebristolred Posted November 1, 2018 Report Share Posted November 1, 2018 15 minutes ago, Super said: I'm guessing these figures don't include the sale of Flint Reid and Bryan? Nope, nor some Kodjia money I would assume. Link to comment Share on other sites More sharing options...
1bristolcity Posted November 1, 2018 Report Share Posted November 1, 2018 Stoke 84.9m!!!! Link to comment Share on other sites More sharing options...
Bristol Rob Posted November 1, 2018 Report Share Posted November 1, 2018 19 minutes ago, 1bristolcity said: Stoke 84.9fm!!!! ALL THE HITS! Link to comment Share on other sites More sharing options...
pongo88 Posted November 1, 2018 Report Share Posted November 1, 2018 2 hours ago, Port Said Red said: This must be prior to our transfer activity surely? A rough estimate would be £23m from the sale of the 3 main players alone. Financial years run from April to March, so the accounts will never align with the football season. 1 hour ago, Bristol Rob said: How Leeds keep their wage bill so low remains one of the great mysteries. Surely the days of brown envelopes left on players boots can’t have made a comeback Link to comment Share on other sites More sharing options...
Loco Rojo Posted November 1, 2018 Report Share Posted November 1, 2018 1 hour ago, BS4 on Tour... said: So we pay higher wages than Leeds? That’s interesting...especially when people say we can’t compete with them in the transfer market etc... Slightly tongue in cheek but I wonder if we pay higher salaries to attract players here. It's often said we find it harder to attract players to back water Bristol City. Perhaps that's why some of the 'bigger' clubs have lower wage bills? Link to comment Share on other sites More sharing options...
Merrick's Marvels Posted November 1, 2018 Report Share Posted November 1, 2018 2 hours ago, robin_unreliant said: https://footballeconomyv2.blogspot.com/2018/10/bristol-city-losses-up.html?m=1 According to this article. If true the theory that we have saved money from the summer sales to splash later seems unlikely. Eh?? No such theory existed. In fact, postings on here by those who can get their heads round it all (Mr. P and DaveFevs for example) have consistently suggested the opposite - that we are OK re FFP but only just. There has been no suggestion by those who understand the financial side of things that we have a warchest ready to splurge on new signings. Quite the contrary. Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 1, 2018 Report Share Posted November 1, 2018 Saw this on Twitter, Kieran Maguire- accounts related, but not necessarily numerically. @Super Sales this summer will be included in 18/19 accounts (no idea about instalments though)! Link to comment Share on other sites More sharing options...
The Original OTIB Posted November 1, 2018 Report Share Posted November 1, 2018 18 minutes ago, pongo88 said: Financial years run from April to March, so the accounts will never align with the football season. Surely the days of brown envelopes left on players boots can’t have made a comeback You are confusing with personal tax years. Co year ends can vary. Link to comment Share on other sites More sharing options...
Davefevs Posted November 1, 2018 Report Share Posted November 1, 2018 Bristol City accounting year end is 31st May. I thought that our loss was gonna be £18m because SL converted that much to shares thru last year. Does this mean he’s not underwritten £5m of the £23m loss? ....and now people might start to realise that in our most successful season in 10 years we made the biggest loss ever and therefore 1. We didn’t go mad in january 2. Why we had players leave in the summer Food for thought, eh? Link to comment Share on other sites More sharing options...
Bristol Rob Posted November 1, 2018 Report Share Posted November 1, 2018 7 minutes ago, Mr Popodopolous said: Saw this on Twitter, Kieran Maguire I think- accounts related, but not necessarily numerically. Was there not something the other week about this, with Maggie taking a percentage or was that something different? Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 1, 2018 Report Share Posted November 1, 2018 1 minute ago, Bristol Rob said: Was there not something the other week about this, with Maggie taking a percentage or was that something different? May have been that yeah! In which case, already covered? Link to comment Share on other sites More sharing options...
nebristolred Posted November 1, 2018 Report Share Posted November 1, 2018 Changing to a PLC is very interesting. Would love to know the justification behind that. Link to comment Share on other sites More sharing options...
ChippenhamRed Posted November 1, 2018 Report Share Posted November 1, 2018 1 hour ago, BS4 on Tour... said: So we pay higher wages than Leeds? That’s interesting...especially when people say we can’t compete with them in the transfer market etc... Do people actually say that? Or are you just assuming they do? Leeds are unremarkable mid-table spenders in this division much like ourselves. They only bought two players for a fee in the summer, totalling about £10m. https://www.transfermarkt.co.uk/leeds-united/transfers/verein/399 We can compete with Leeds. But there are plenty of Championship clubs much further up that list spending an awful lot more on wages than us. Link to comment Share on other sites More sharing options...
Davefevs Posted November 1, 2018 Report Share Posted November 1, 2018 2 minutes ago, Bristol Rob said: Was there not something the other week about this, with Maggie taking a percentage or was that something different? Yes there was. No Idea what it really meant though. Perhaps ML had got SL by the balls Link to comment Share on other sites More sharing options...
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