Never to the dark side Posted December 12, 2019 Report Share Posted December 12, 2019 https://www.bbc.co.uk/sport/football/50674331 Link to comment Share on other sites More sharing options...
Berkshire Red Posted December 12, 2019 Report Share Posted December 12, 2019 Worrying to see how large our losses were in 17/18 season. I've likely misinterpreted this but this suggests we made a 25.4 million loss that season. What was our profit/loss for last season if we are only allowed to make 39 million loss over 3 years? Link to comment Share on other sites More sharing options...
Spud55 Posted December 12, 2019 Report Share Posted December 12, 2019 5 minutes ago, City18 said: Worrying to see how large our losses were in 17/18 season. I've likely misinterpreted this but this suggests we made a 25.4 million loss that season. What was our profit/loss for last season if we are only allowed to make 39 million loss over 3 years? We made a 13 million profit last season wasn't it? Keeping us well under the 39 million, however it shows just how important it is for us to keep picking up and selling on players for a massive profit. Link to comment Share on other sites More sharing options...
downendcity Posted December 12, 2019 Report Share Posted December 12, 2019 Figures from Deloitte show that parachute payments, designed to help relegated clubs absorb big losses in revenue caused by dropping out of the top flight, are having a significant impact on the revenue inequality within the Championship. Parachute payments made up more than a third of the Championship's total revenue in 2017-18 - compared to just 9% when they were introduced in 2001-02 - meaning a third of the Championship's money now comes directly from the Premier League. The average club receiving parachute payments had a total revenue of £13m in 2001-02 against £10m for those without. In 2017-18 those receiving parachute payments had a total revenue of £51m against £21m for those without. The EFL said: "The Premier League does remain an important part of the financial mix across the EFL through the provision of parachute payments and contracted solidarity payments," adding that "this assists in providing clubs with increased clarity when making long-term financial commitments." Unusual definition of the word "clarity", unless the definition is "your financially b******d if you haven't got parachute payments". Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted December 12, 2019 Report Share Posted December 12, 2019 Anyone who has followed the FFP thread will see- and many will have an idea also- just what a crazy financial League this is!! Was widely reported that Derby posted a profit- that is the Parent/Holding/Group company which shows a small loss for that season and that includes a profit of £39-40m on the ground! 29 minutes ago, Spud55 said: We made a 13 million profit last season wasn't it? Keeping us well under the 39 million, however it shows just how important it is for us to keep picking up and selling on players for a massive profit. Our profit was £12-13m but without player sales, a fantastic profit- that includes Kelly, as well as Flint, Bryan, Reid- plus the savings in a sense on Magnússon and Djuric, we'd have lost around £25m! However, from the article in hand- just look at that! Worth noting too that Sheffield Wednesday's accounts were for 14 months. Reading's too would have been £6.5m, maybe a bit more worse off without the sale and leaseback of Madejski. However yes, we are in a decent place- but still need to be a bit mindful of that 2017/18 loss in January. Link to comment Share on other sites More sharing options...
Never to the dark side Posted December 12, 2019 Author Report Share Posted December 12, 2019 Interesting that the top three big spenders all got promoted and one came straight back down and the second team which got relegated only went up the previous season Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted December 12, 2019 Report Share Posted December 12, 2019 Wage bill is also a strong indicator. Worth a look at some of these...we certainly did better than Birmingham and Reading in 2017/18! Pretty sure we had a lower one than QPR too. Sheffield Wednesday too though 14 month accounts play a part and probably need to knock about 1/7 off to get the best picture. Probably more too but not checked properly! Oh and Sunderland- they fell like a stone. Link to comment Share on other sites More sharing options...
Alex_BCFC Posted December 12, 2019 Report Share Posted December 12, 2019 Nothing particularly new in that report - we all know clubs are living way beyond their means at all levels. Thanks to SL for putting the money in - its a shame some people moan about him. I don't see a queue of people wanting to take over this club and if someone did there is no guarantee that they would be a good fit for the club - could easily get a Hull City or Cardiff type owner. Link to comment Share on other sites More sharing options...
Port Said Red Posted December 12, 2019 Report Share Posted December 12, 2019 1 hour ago, Alex_BCFC said: Nothing particularly new in that report - we all know clubs are living way beyond their means at all levels. Thanks to SL for putting the money in - its a shame some people moan about him. I don't see a queue of people wanting to take over this club and if someone did there is no guarantee that they would be a good fit for the club - could easily get a Hull City or Cardiff type owner. I think you are wrong here, I have seen and heard gasheads say that SL can't wait to ditch us and run off with the rugby club and basketball teams. It must be true. Link to comment Share on other sites More sharing options...
Peter1450 Posted December 12, 2019 Report Share Posted December 12, 2019 Shouldn’t the BBC be more concerned about their overpaid “ celebrities “? Link to comment Share on other sites More sharing options...
Northern Red Posted December 12, 2019 Report Share Posted December 12, 2019 1 hour ago, Port Said Red said: I think you are wrong here, I have seen and heard gasheads say that SL can't wait to ditch us and run off with the rugby club and basketball teams. It must be true. There's a few on here who say it as well, that or him only being in it for the money. Link to comment Share on other sites More sharing options...
Port Said Red Posted December 12, 2019 Report Share Posted December 12, 2019 17 minutes ago, Northern Red said: There's a few on here who say it as well, that or him only being in it for the money. Yeah? How's that working out for him? Link to comment Share on other sites More sharing options...
Midred Posted December 12, 2019 Report Share Posted December 12, 2019 2 hours ago, Peter1450 said: Shouldn’t the BBC be more concerned about their overpaid “ celebrities “? Are they investigating the discrepancies in pay between male and female players? Link to comment Share on other sites More sharing options...
Natchfever Posted December 12, 2019 Report Share Posted December 12, 2019 3 hours ago, Peter1450 said: Shouldn’t the BBC be more concerned about their overpaid “ celebrities “? Yeah nice of them to spend our Licence fee money like that isn't it. Link to comment Share on other sites More sharing options...
maxjak Posted December 13, 2019 Report Share Posted December 13, 2019 15 hours ago, Midred said: Are they investigating the discrepancies in pay between male and female players? I think yoi'll find its all about supply and demand? When the Liverpool womens team get gates of 50K every week I'm sure theyr'e wages will increase? Link to comment Share on other sites More sharing options...
Midred Posted December 13, 2019 Report Share Posted December 13, 2019 4 hours ago, maxjak said: I think yoi'll find its all about supply and demand? When the Liverpool womens team get gates of 50K every week I'm sure theyr'e wages will increase? So thats why John Humphreys always got paid more than his female co presenters! Link to comment Share on other sites More sharing options...
Midred Posted December 13, 2019 Report Share Posted December 13, 2019 Still waiting for the BBC to do a reality check on their own business. Or is that what W1A was? Link to comment Share on other sites More sharing options...
22A Posted December 13, 2019 Report Share Posted December 13, 2019 "BBC investigation into high wages" This comes after it was revealed earlier this year about the massive salaries paid by the BBC to certain presenters. Link to comment Share on other sites More sharing options...
maxjak Posted December 13, 2019 Report Share Posted December 13, 2019 58 minutes ago, Midred said: So thats why John Humphreys always got paid more than his female co presenters! Make up your mind..........your statement was in regard to discrepancies between FOOTBALL PLAYERS!? .............I haven't seen John Humphries don his boots for sometime? If your talking about BBC presenters?, that's a completely different discussion. Link to comment Share on other sites More sharing options...
Eddie Hitler Posted December 13, 2019 Report Share Posted December 13, 2019 On 12/12/2019 at 08:30, City18 said: Worrying to see how large our losses were in 17/18 season. I've likely misinterpreted this but this suggests we made a 25.4 million loss that season. What was our profit/loss for last season if we are only allowed to make 39 million loss over 3 years? We're making an operating loss before player sales of about £25m per year so we need to sell players roughly at a profit of £12m per year. Last season we made profits on player sales of something like £36m so we're fine for three years even if we don't sell anymore. £25m is an eye-watering sum though, we laugh at the gas for losing only about a tenth of that. Link to comment Share on other sites More sharing options...
Midred Posted December 13, 2019 Report Share Posted December 13, 2019 38 minutes ago, maxjak said: Make up your mind..........your statement was in regard to discrepancies between FOOTBALL PLAYERS!? .............I haven't seen John Humphries don his boots for sometime? If your talking about BBC presenters?, that's a completely different discussion. Sorry! I was tryimg to link the irony of the BBC investigating other people's wages with their own fantasy wage rates! Going one further with the male/female differences in both cases. Apologies for amy confusion. Link to comment Share on other sites More sharing options...
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