|
|
Post by a more piratey game on Mar 8, 2018 12:51:38 GMT
on the website...
'Forest in profit after writing off £40m in loans'
'Wolves report £23m losses in 2016-17'
'Cardiff debt remains more than £100m'
'Allam cancels meeting over protest threat' (Hull)
'Blackpool owners chased for non-payment'. 'Blackpool losses up to £2.2m in 2016-17' (promotion season to L1). The club's owners, the Oyston family, also owe at least £20m to Latvian businessman Valeri Belokon after losing a High Court battle in November.
|
|
badhand
Joined: May 2014
Posts: 182 
|
Post by badhand on Mar 8, 2018 13:18:04 GMT
|
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Mar 8, 2018 13:47:30 GMT
|
|
|
|
Post by CountyGroundHotel on Mar 8, 2018 16:30:16 GMT
I guess the moral of the story is if you're not doing as badly as someone else you most be doing well.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 8, 2018 18:04:22 GMT
never had it so good
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 8, 2018 18:17:03 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall?
|
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,197
|
Post by eppinggas on Mar 8, 2018 19:46:35 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall? Walsall - 12 years profitability. Hats off to them. www.bbc.co.uk/sport/football/37719889Maybe Dwane Sports should have a word with them about how to build a sustainable football Club? |
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 8, 2018 19:51:39 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall? Walsall - 12 years profitability. Hats off to them. www.bbc.co.uk/sport/football/37719889Maybe Dwane Sports should have a word with them about how to build a sustainable football Club? Given the way things are going under DS the phone call alone will probably add 2.5 million to our balance sheet. |
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 10:24:53 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall? Haven't looked at Burton, but Walsall are constantly writing off Directors' loans and getting lucky with selling players (Troy Deeney and Matt Fryatt spring to mind) so I wouldn't want to congratulate them too much without laying their accounts next to ours and doing a 'like-for-like-' comparison. But whatever Walsall are achieving, we should do better, much better. We get more punters through the turnstiles and we aren't paying £460,000 a year rent for the ground. |
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Mar 9, 2018 10:29:54 GMT
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 10:41:12 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall? Haven't looked at Burton, but Walsall are constantly writing off Directors' loans and getting lucky with selling players (Troy Deeney and Matt Fryatt spring to mind) so I wouldn't want to congratulate them too much without laying their accounts next to ours and doing a 'like-for-like-' comparison. But whatever Walsall are achieving, we should do better, much better. We get more punters through the turnstiles and we aren't paying £460,000 a year rent for the ground. Realistically to become profitable there needs to be a big outlay. Matchday revenue isn't awful, however the other 13 days of the fortnight are. Without a sizeable investment in a new stand with facilities that are in use 365 days of the year we won't come close to a profit. |
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 11:01:37 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall? Haven't looked at Burton, but Walsall are constantly writing off Directors' loans and getting lucky with selling players (Troy Deeney and Matt Fryatt spring to mind) so I wouldn't want to congratulate them too much without laying their accounts next to ours and doing a 'like-for-like-' comparison. But whatever Walsall are achieving, we should do better, much better. We get more punters through the turnstiles and we aren't paying £460,000 a year rent for the ground. That's a fair point |
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,197
|
Post by eppinggas on Mar 9, 2018 11:03:44 GMT
Haven’t Burton posted a profit for about the last decade? The same as Walsall? Haven't looked at Burton, but Walsall are constantly writing off Directors' loans and getting lucky with selling players (Troy Deeney and Matt Fryatt spring to mind) so I wouldn't want to congratulate them too much without laying their accounts next to ours and doing a 'like-for-like-' comparison. But whatever Walsall are achieving, we should do better, much better. We get more punters through the turnstiles and we aren't paying £460,000 a year rent for the ground. I think "getting lucky with selling players" is a bit harsh - they will have scouting and youth teams in place - maybe their setup is more efficient than ours? From the article PP added - it doesn't look like the director loans have been written off. We probably an accountant to judge whether Walsall are truly profitable or not. Walsall average home attendance 2017-18 4,581. Bristol Rovers average home attendance 2017-18 8,817. Walsall trading profit in 2016-2017 £215,000.Bristol Rovers trading loss 2016-2017 circa £2mil.Bristol Rovers don't pay rent. Mmmm. |
|
|
|
Post by laughinggas on Mar 9, 2018 11:34:25 GMT
Haven't looked at Burton, but Walsall are constantly writing off Directors' loans and getting lucky with selling players (Troy Deeney and Matt Fryatt spring to mind) so I wouldn't want to congratulate them too much without laying their accounts next to ours and doing a 'like-for-like-' comparison. But whatever Walsall are achieving, we should do better, much better. We get more punters through the turnstiles and we aren't paying £460,000 a year rent for the ground. I think "getting lucky with selling players" is a bit harsh - they will have scouting and youth teams in place - maybe their setup is more efficient than ours? From the article PP added - it doesn't look like the director loans have been written off. We probably an accountant to judge whether Walsall are truly profitable or not. Walsall average home attendance 2017-18 4,581. Bristol Rovers average home attendance 2017-18 8,817. Walsall trading profit in 2016-2017 £215,000.Bristol Rovers trading loss 2016-2017 circa £2mil.Bristol Rovers don't pay rent. Mmmm. Was there mention in report of two other income streams into the club? |
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Mar 9, 2018 12:19:36 GMT
The chairman's statement in the accounts is interesting.mentions extending their stadium naming sponsorship and shirt sponsorship deals, but also there own foray into digital advertising alongside the M6
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 13:09:10 GMT
Haven't looked at Burton, but Walsall are constantly writing off Directors' loans and getting lucky with selling players (Troy Deeney and Matt Fryatt spring to mind) so I wouldn't want to congratulate them too much without laying their accounts next to ours and doing a 'like-for-like-' comparison. But whatever Walsall are achieving, we should do better, much better. We get more punters through the turnstiles and we aren't paying £460,000 a year rent for the ground. I think "getting lucky with selling players" is a bit harsh - they will have scouting and youth teams in place - maybe their setup is more efficient than ours? From the article PP added - it doesn't look like the director loans have been written off. We probably an accountant to judge whether Walsall are truly profitable or not. Walsall average home attendance 2017-18 4,581. Bristol Rovers average home attendance 2017-18 8,817. Walsall trading profit in 2016-2017 £215,000.Bristol Rovers trading loss 2016-2017 circa £2mil.Bristol Rovers don't pay rent. Mmmm. I wasn't looking at one specific year, over the decade quoted the directors have written off loans on multiple occasions. That rent is the thick end of half a million quid, you can assign it to your, ''Mmmmm' column as if it doesn't matter, I think it does. They make proper use of their car park, they at least try to be creative with how they use the stadium to generate revenue. Oh, and they don't pay a fortune to experts chasing pipe dreams. I did say that you would need to compare our accounts to theirs to make a true comparison, maybe you missed that bit? |
|
|
|
Post by Blue Mist on Mar 9, 2018 14:22:50 GMT
I think "getting lucky with selling players" is a bit harsh - they will have scouting and youth teams in place - maybe their setup is more efficient than ours? From the article PP added - it doesn't look like the director loans have been written off. We probably an accountant to judge whether Walsall are truly profitable or not. Walsall average home attendance 2017-18 4,581. Bristol Rovers average home attendance 2017-18 8,817. Walsall trading profit in 2016-2017 £215,000.Bristol Rovers trading loss 2016-2017 circa £2mil.Bristol Rovers don't pay rent. Mmmm. I wasn't looking at one specific year, over the decade quoted the directors have written off loans on multiple occasions. That rent is the thick end of half a million quid, you can assign it to your, ''Mmmmm' column as if it doesn't matter, I think it does. They make proper use of their car park, they at least try to be creative with how they use the stadium to generate revenue. Oh, and they don't pay a fortune to experts chasing pipe dreams. I did say that you would need to compare our accounts to theirs to make a true comparison, maybe you missed that bit? |
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 14:35:02 GMT
I wasn't looking at one specific year, over the decade quoted the directors have written off loans on multiple occasions. That rent is the thick end of half a million quid, you can assign it to your, ''Mmmmm' column as if it doesn't matter, I think it does. They make proper use of their car park, they at least try to be creative with how they use the stadium to generate revenue. Oh, and they don't pay a fortune to experts chasing pipe dreams. I did say that you would need to compare our accounts to theirs to make a true comparison, maybe you missed that bit? How much would we have to pay that gobsh!te Gary Neville not to attend The Mem? Evening with Nigel Benn, sign me up! |
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 18:16:36 GMT
This sustainable idea is all very well,but virtually the whole of the championship are running up large losses often partly written off or converted to shares etc by wealthy owners.
Millwalls debt according to "swiss ramble" on twitter was £50m which was reduced to £30m by the company wiping off £20 of the debt.
FFP rules dont seem to work very well according to sites like "insider media" and others regarding championship clubs finances but its harder to find such clear stats about league one finances.
Can you actually succeed in football and be sustainable if your a small or medium size club?
By succeed i mean compete in the championship at least.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Mar 9, 2018 22:35:56 GMT
I guess the moral of the story is if you're not doing as badly as someone else you most be doing well. Wolves and cardiff doing badly? joking arnt you? |
|
