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Profitability league


Jerseybean

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The Times carried an article on Friday about the profitability of all 92 league clubs. Doesn’t look good for us at minus £25 m we are 11th from the bottom of the league.

The bottom four (Wolves, Fulham, QPR and Birmingham) were all in the Championship in 2017-18 when the data was collected.

C5576507-7CD4-4ADB-89D7-DEBD9A2403C6.jpeg

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3 minutes ago, Jerseybean said:

The Times carried an article on Friday about the profitability of all 92 league clubs. Doesn’t look good for us at minus £25 m we are 11th from the bottom of the league.

The bottom four (Wolves, Fulham, QPR and Birmingham) were all in the Championship in 2017-18 when the data was collected.

C5576507-7CD4-4ADB-89D7-DEBD9A2403C6.jpeg

Doesn't make for pretty reading.

But then equally, you have to wonder why QPR didn't get a points deduction.

What metrics did they use for these figures?

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4 minutes ago, JBFC II said:

It’s 2017-18 as well, I’d imagine our finances will look improved currently with transfer business and more gate receipts etc

Correct, last summer was correcting that loss. 18-19s accounts will be much better. 

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And fans question SL not "pushing the boat out" and paying big money for a striker in the last 2 January windows. 

Ffp might be in dissaray at the moment but with those losses it  is clear that the club has had to work hard to stay within Ffp limits. 

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Puts last summer into context and why we didn't really push the boat out despite the money that we got from player sales.

Sometimes you wish the club would come out and make a  'don't expect too much this summer' statement so they don't get too much flak but I suppose that could hurt ticket sales and income. Damned if you do, damned if you don't.

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54 minutes ago, Bristol is red said:

Puts last summer into context and why we didn't really push the boat out despite the money that we got from player sales.

Sometimes you wish the club would come out and make a  'don't expect too much this summer' statement so they don't get too much flak but I suppose that could hurt ticket sales and income. Damned if you do, damned if you don't.

And likely to make other clubs aware that there could be a bargain to be had with regards to possible player outgoings.

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I really don't get how we can be self sustaining. Surely we lose money even when we sell players, as we have to buy new ones to replace them.

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5 hours ago, Loosey Boy said:

At least we know that we’re in a significantly better position since these figures were released - £36m raked in from Kelly, Reid, Flint & Bryan ?

He will be in this seasons accounts won't it, as it was business done early!

May even make a bona fide profit, for the first time in a very long time indeed.

6 hours ago, Bristol Rob said:

Doesn't make for pretty reading.

But then equally, you have to wonder why QPR didn't get a points deduction.

What metrics did they use for these figures?

QPR were punished under the old rules and are not in breach for the 3 years to May 2018.

QPR also had £20m or so in fine- FFP fines  don't count towards the loss figures- which makes you wonder the point of that aspect if they don't!

Metrics? I think some of the accounts aren't entirely accurate e.g. Barnsley's figures are 2016/17 as opposed to 2017/18. Maybe some listed the wrong year, Derby's figures seem to be the Holding Company- i.e. Sevco 5112- as opposed to Derby, but that is fine as it seems correct, albeit the most commonly reported figures for Derby are the £14m profiit or however much it was.

To show how messed it is, at this level especially- that even seems to include losses after Profit on transfers,  Mangerial compensation, debt write offs (not allowed under FFP) and even "Profit" on stadium sales!

Still awaiting accounts for 2017/18 from Bolton (hardly a shock!) and Sheffield Wednesday.

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All skewed. Bolton near top of league there yet they are now in administration. Those figures don't account for player sales in same year as they were released prior to it. As many have said, our player sales will actually put us in the black regarding profitability.

compared to many others who will not be able to spend for fear of going over the ffp threshold, we will be in a good position to compete financially and on the pitch this coming season. That is if recruitment is on point 

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13 hours ago, BOSRed said:

All skewed. Bolton near top of league there yet they are now in administration. Those figures don't account for player sales in same year as they were released prior to it. As many have said, our player sales will actually put us in the black regarding profitability.

compared to many others who will not be able to spend for fear of going over the ffp threshold, we will be in a good position to compete financially and on the pitch this coming season. That is if recruitment is on point 

Those Bolton results are actually from 2016/17. Not released their financial results for last season yet due to their very well documented issues! Sheffield Wednesday £20.75m approx loss for 2016/17 as their results overdue as well.

Actually, madly, Bolton might have made a profit in 2017/18...just goes to show how precarious their position is and was.

The results are largely from 2017/18 and they account for player sales in that season. Clubs financial years run until 31st May (the majority), 30th June (some) and then the remainder to 31st July.

Wouldn't say it is all that skewed personally. Should've made a profit this season as Lloyd Kelly sale falls into this financial year- if we sold O'Dowda by end of Friday that too would fall into this season.

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Deloitte release their Annual Review of Football Finance on Thursday and they usually provide some interesting information on the financial performance on Championship clubs. I'm sure a few decent articles will be produced at the end of this week which will provide some more enlightening information than the Times article above.

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