ExiledAjax Posted October 30, 2019 Report Share Posted October 30, 2019 1 hour ago, The Gasbuster said: Cheers. 288,000 is not really a parachute payment then, more of a drop in the ocean. The Sag obviously thinks these payments are worth far more. Not even enough to buy Matty Taylor. Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted October 30, 2019 Report Share Posted October 30, 2019 4 hours ago, ExiledAjax said: Not even enough to buy Matty Taylor. £9,712,000 short by my reckoning. Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 5, 2019 Report Share Posted November 5, 2019 On 29/10/2019 at 17:56, Red Army 75 said: Let’s hope the money stays in The football club. And it’s not distributed amongst Bristol sport. Only 1 team is important in my eyes Having taken a quick look at the Bristol Rugby accounts, I'd suggest that yes it does stay in the football club. The commercial revenue from AGL is amalgamated into Bristol City Holdings- all the companies are listed in Bristol City Holdings. Two slight caveats- could Related Party Transactions be an issue in this respect? Secondly, the Women's Team- though costs there can't be huge, but that's part of the group- though costs here are deductible for FFP so if anything it helps us! I also though would have to look in depth believe the AG Limited revenue goes to Bristol City Holdings, save for the revenue from Bristol Rugby for tickets, merchandising and corporate. Link to comment Share on other sites More sharing options...
Leveller Posted November 5, 2019 Report Share Posted November 5, 2019 I can’t link it, but there’s a very detailed Twitter thread on our finances now by Swiss Ramble. Link to comment Share on other sites More sharing options...
nebristolred Posted November 5, 2019 Report Share Posted November 5, 2019 Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 5, 2019 Report Share Posted November 5, 2019 On 29/10/2019 at 18:36, billywedlock said: Norwich figure was below ours, there was an article with their CEO mid season it was mid 20 millions (I accept that in January they may have signed someone I don't recall as that was after article ) . Yes they sold well, as we did, but as last season was without parachute payments they had cut their cloth. Villa another planet of course. Our wage bill growth has been substantial year on year. Possibly Forrest could beat it as a non parachute club. Others were cutting back whilst we were spending. Well, their wage bill was £41.8m last season apparently- exclusive of bonuses! No problem at all, think Norwich generally a well run club- but their wage bill was certainly not in the mid 20 millions. Link to comment Share on other sites More sharing options...
Davefevs Posted November 5, 2019 Report Share Posted November 5, 2019 11 hours ago, Mr Popodopolous said: Having taken a quick look at the Bristol Rugby accounts, I'd suggest that yes it does stay in the football club. The commercial revenue from AGL is amalgamated into Bristol City Holdings- all the companies are listed in Bristol City Holdings. Two slight caveats- could Related Party Transactions be an issue in this respect? Secondly, the Women's Team- though costs there can't be huge, but that's part of the group- though costs here are deductible for FFP so if anything it helps us! I also though would have to look in depth believe the AG Limited revenue goes to Bristol City Holdings, save for the revenue from Bristol Rugby for tickets, merchandising and corporate. Rugby pay rent to AG Ltd. Football pay rent to AG Ltd too. Football club, Basketball and Rugby club, eg. will pay operational costs to Bristol Sport, e.g. staff who do ticketing, etc. It will be cheaper to pay BS Ltd than running separate operational teams. That’s what the BS model gives us, economies of scale. Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 5, 2019 Report Share Posted November 5, 2019 39 minutes ago, Davefevs said: Rugby pay rent to AG Ltd. Football pay rent to AG Ltd too. Football club, Basketball and Rugby club, eg. will pay operational costs to Bristol Sport, e.g. staff who do ticketing, etc. It will be cheaper to pay BS Ltd than running separate operational teams. That’s what the BS model gives us, economies of scale. Skimread certain things but noticed something about rent yeah- I remember Ground Rent on past AGL accounts. I did notice that AGL and Bristol City FC don't add up fully in Bristol City Holdings- tickets and Rugby specific revenue obviously a key reason but maybe rent plays a role too? Link to comment Share on other sites More sharing options...
Bristol Rob Posted November 5, 2019 Author Report Share Posted November 5, 2019 On 30/10/2019 at 15:37, ExiledAjax said: Not even enough to buy Matty Taylor. Not even a full Tilson! Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted November 6, 2019 Report Share Posted November 6, 2019 3 hours ago, billywedlock said: No that was not the case .You are a season out . Their accounts came out yesterday- that was 2018/19. Average wage last season, exclusive of bonuses apparently £17,400 per week. Not at all excessive but stacks up a bit...certainly can't see that mid 20s million wise the annual non bonus adjusted wage bill. Link to comment Share on other sites More sharing options...
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