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Post by prestwichpotter on Jun 20, 2022 6:26:32 GMT
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Post by scfcno1fan on Jun 20, 2022 6:31:09 GMT
Interesting analysis.
We’d have had the worst loss without the stadium sale stands out.
Also, the fact other operating expenses rose, but amortisation was down massively. Even though amortisation was down, we still managed such a big loss.
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Post by leesandfordstoupe on Jun 20, 2022 6:52:06 GMT
Interesting analysis. We’d have had the worst loss without the stadium sale stands out. Also, the fact other operating expenses rose, but amortisation was down massively. Even though amortisation was down, we still managed such a big loss. Wage bill still £10M over turnover with rumoured change in ffp to limit wages to 70% of revenue. I know I’ve read about it but not sure whether or when it might be coming in. Still leaves a massive amount of wage reduction to comply if introduced. Ideally need to get another £22M off the wage bill, wonder how much we’ve shifted since then.
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Post by Gods on Jun 20, 2022 6:55:05 GMT
I don't pretend to follow all of that but honestly who'd be a football club owner?
You offer up a season of 'entertainment' which was a profound disappointment to nearly everyone and lose wheel barrow loads of money in the process.
NOTE: This was a covid season so I guess the losses are slightly higher than otherwise for that reason. Although they still would have been eye watering sums.
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Post by leesandfordstoupe on Jun 20, 2022 6:56:47 GMT
I don't pretend to follow all of that but honestly who'd be a football club owner? You offer up a season of 'entertainment' which most people were profoudly disappointed with and lose wheel barrow loads of money in the process. NOTE: This was a covid seasonso I guess the losse are slightly higher than otherwise for that reason. ALthought they still would have been eye watering sums. Championship finances are disastrous.
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Post by bayernoatcake on Jun 20, 2022 6:57:54 GMT
I don't pretend to follow all of that but honestly who'd be a football club owner? You offer up a season of 'entertainment' which was a profoud disappointment to nearly everyone and lose wheel barrow loads of money in the process. NOTE: This was a covid season so I guess the losses are slightly higher than otherwise for that reason. Although they still would have been eye watering sums. It’s their own fault though. We should have zero sympathy. They have totally mismanaged us for at least 6 years now and this harvest of the seeds they have sewn in that time.
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Post by Gods on Jun 20, 2022 7:02:09 GMT
I don't pretend to follow all of that but honestly who'd be a football club owner? You offer up a season of 'entertainment' which most people were profoudly disappointed with and lose wheel barrow loads of money in the process. NOTE: This was a covid seasonso I guess the losse are slightly higher than otherwise for that reason. ALthought they still would have been eye watering sums. Championship finances are disastrous. Yep, Championship media rights money is negligible and we have falling ticket sales against a backdrop of fixed ticket prices while inflation is at 10%. It's a real mess.
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Post by Deleted on Jun 20, 2022 7:02:18 GMT
I don't pretend to follow all of that but honestly who'd be a football club owner? You offer up a season of 'entertainment' which was a profoud disappointment to nearly everyone and lose wheel barrow loads of money in the process. NOTE: This was a covid season so I guess the losses are slightly higher than otherwise for that reason. Although they still would have been eye watering sums. It’s their own fault though. We should have zero sympathy. They have totally mismanaged us for at least 6 years now and this harvest of the seeds they have sewn in that time. Difficult to argue with that.
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Post by leesandfordstoupe on Jun 20, 2022 7:10:12 GMT
It’s their own fault though. We should have zero sympathy. They have totally mismanaged us for at least 6 years now and this harvest of the seeds they have sewn in that time. Difficult to argue with that. Not sure they’ve asked for any sympathy. They’ve picked up the tab without any fuss. Problem is they still seem to think they know what they’re doing.
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Post by scfcno1fan on Jun 20, 2022 7:15:49 GMT
The £88m loss in 19/20 was the largest in championship history.
That little nugget passed me by.
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Post by crouchpotato1 on Jun 20, 2022 7:16:10 GMT
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Post by prestwichpotter on Jun 20, 2022 7:18:01 GMT
Interesting analysis. We’d have had the worst loss without the stadium sale stands out. Also, the fact other operating expenses rose, but amortisation was down massively. Even though amortisation was down, we still managed such a big loss. Wage bill still £10M over turnover with rumoured change in ffp to limit wages to 70% of revenue. I know I’ve read about it but not sure whether or when it might be coming in. Still leaves a massive amount of wage reduction to comply if introduced. Ideally need to get another £22M off the wage bill, wonder how much we’ve shifted since then. It will be reduced massively already since the 2020/21 season, what that will be as a percentage of turnover we’ll have to wait and see……
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Post by scfcno1fan on Jun 20, 2022 7:19:51 GMT
‘Bigger FFP challenges for this year’
Don’t like the sound of that.
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Post by crouchpotato1 on Jun 20, 2022 7:24:03 GMT
‘Bigger FFP challenges for this year’ Don’t like the sound of that. But that’s a well known fact and everything coming out of the club has prepared fans for that🤔it’s just that so called fans on here won’t/don’t believe it
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Post by leesandfordstoupe on Jun 20, 2022 7:24:26 GMT
Wage bill still £10M over turnover with rumoured change in ffp to limit wages to 70% of revenue. I know I’ve read about it but not sure whether or when it might be coming in. Still leaves a massive amount of wage reduction to comply if introduced. Ideally need to get another £22M off the wage bill, wonder how much we’ve shifted since then. It will be reduced massively already since the 2020/21 season, what that will be as a percentage of turnover we’ll have to wait and see…… Seems a lot to shift. That equates to shifting 11 players on £2M a year and replacing them with fresh air.
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Post by scfcno1fan on Jun 20, 2022 7:33:01 GMT
‘Bigger FFP challenges for this year’ Don’t like the sound of that. But that’s a well known fact and everything coming out of the club has prepared fans for that🤔it’s just that so called fans on here won’t/don’t believe it The issue is now that our year end for 21/22 has just gone. Any player sales/profit this summer (Tymon, Collins %, Souttar, Brown etc) will fall into the following accounting period. For 21/22 we had Collins sale to Burnley and that’s about it. Very lucky we managed to get some money back on surridge as well….
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Post by lagwafis on Jun 20, 2022 8:09:05 GMT
Wage wise, won't 21/22 also take into account the massive player cull we went through last summer? Starting from May 2021 Wimmer, Lindsay, Woods, Bauer, Mikel, Martins Indi, Ndiaye, Vokes, Gregory, McClean, Batth, Davies and Ince all left + the Adobe and Etebo loan deals.
That said, didn't we pay up early on some of the departures? so fees may be involved there.
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Post by a on Jun 20, 2022 8:14:47 GMT
Stuck record I know, but this shows how utterly mismanaged this club has been for years now.
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Post by theonlooker on Jun 20, 2022 8:18:35 GMT
Maybe now people will see just what a tough job the manager has had, and it really isn't as simple as pointing at Luton and Huddersfield and using them as a stick to have a go at him with.
Our problems clearly won't be going away this year either.
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Post by prestwichpotter on Jun 20, 2022 8:22:59 GMT
Stuck record I know, but this shows how utterly mismanaged this club has been for years now. It shows the nature of football and how teams outside the elite clubs are only ever a couple of bad seasons away from things unraveling. When all's said and done it's all about getting recruitment right and the single biggest mistake in the last few years was the Rowett appointment and the £50m+ we wasted chasing an immediate return to the Premier League, it was far more damaging than relegation itself.......
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Post by thebet365 on Jun 20, 2022 8:33:11 GMT
The £88m loss in 19/20 was the largest in championship history. That little nugget passed me by. That's becuase we wrote a shed load of player values off when Covid hit. The actual loss was really only around 50 Million. Still eye watering tho.
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Post by crouchpotato1 on Jun 20, 2022 8:34:25 GMT
Maybe now people will see just what a tough job the manager has had, and it really isn't as simple as pointing at Luton and Huddersfield and using them as a stick to have a go at him with. Our problems clearly won't be going away this year either. You're wasting your time with that one on here mate🙄How many times has this been pointed out but fell on deaf ears?
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Post by stoke1863 on Jun 20, 2022 8:37:59 GMT
Stuck record I know, but this shows how utterly mismanaged this club has been for years now. It shows the nature of football and how teams outside the elite clubs are only ever a couple of bad seasons away from things unraveling. When all's said and done it's all about getting recruitment right and the single biggest mistake in the last few years was the Rowett appointment and the £50m+ we wasted chasing an immediate return to the Premier League, it was far more damaging than relegation itself....... 99/100 anyone who spends what we did in the championship is promoted. The board made a mistake with Rowett but their biggest failure is the fact they didn’t and still don’t, have someone managing the football continuity at the club. Someone with clear direction and footballing ethos that players and managers have to buy into. I think it’s that complete loss of identity that’s killed us more than anything. And I know people on here will completely disagree but I genuinely believe MON has that ability to point the club in the right direction. Some of the football we’ve played since his arrival has been brilliant and what people want to see, the unfortunate thing is it’s tailed off massively once we’ve had setbacks. If he were to leave as manager, I’d have to qualms with him taking up a DOF position. He clearly understands the finances, he clearly cares about the club and has a seemingly good relationship with the bulk of the squad and I believe he has an idea of exactly how he wants the club to play. Admittedly, the jury is still out on wether he’s the perfect match to make his own vision play out on the pitch.
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Post by FullerMagic on Jun 20, 2022 8:40:06 GMT
Wage wise, won't 21/22 also take into account the massive player cull we went through last summer? Starting from May 2021 Wimmer, Lindsay, Woods, Bauer, Mikel, Martins Indi, Ndiaye, Vokes, Gregory, McClean, Batth, Davies and Ince all left + the Adobe and Etebo loan deals. That said, didn't we pay up early on some of the departures? so fees may be involved there. Yeah - we're in a massively different place now. These accounts are always playing catch-up, aren't they? Also Smith and Allen gone too. Even if Allen stays, he'll be on 25% of what he was Just the Etebo and Afobe final year millstones. Everyone else on the books is part of a new, sustainable financial approach
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Post by chiswickpotter on Jun 20, 2022 8:49:24 GMT
‘Bigger FFP challenges for this year’ Don’t like the sound of that. But that’s a well known fact and everything coming out of the club has prepared fans for that🤔it’s just that so called fans on here won’t/don’t believe it Not sure it is that clear cut for 2022/23, Swiss Ramble is talking about 2021/22 which is the season just finished. Presumably we used the Money for selling Collins to get through and balance the books. Also unclear what happens over the Covid allowance. Although the EFL want to limit it to £5m a season, not sure that is defensible. We didn’t take furlough for example but surely we are allowed to claim for that. I suspect there is more on this issue than is public. Assuming 2021/22 met the rules and no fine and us signing players suggests it did, then the outlook for 2022/23 is more positive than Swiss Ramble implies. - our commercial revenue is higher than most due to our sponsor - we have £6 million we can lose in 2022/23 to stay within the rules in addition to our income - if our player write offs in 2021/22 were similar to the £11 million in 2020/21, we won’t have much of a cost from this in 2022/23. So this season should see us have more to spend on wages and transfer than last season and 2023/24 would have real scope to spend - though the rules may change by then.
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Post by J-Roar on Jun 20, 2022 8:53:17 GMT
Wage wise, won't 21/22 also take into account the massive player cull we went through last summer? Starting from May 2021 Wimmer, Lindsay, Woods, Bauer, Mikel, Martins Indi, Ndiaye, Vokes, Gregory, McClean, Batth, Davies and Ince all left + the Adobe and Etebo loan deals. That said, didn't we pay up early on some of the departures? so fees may be involved there. I would guess the majority would have had to be paid off. Why would players just tear up their contracts? I know I wouldn't.
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Post by werrington on Jun 20, 2022 9:01:41 GMT
Maybe now people will see just what a tough job the manager has had, and it really isn't as simple as pointing at Luton and Huddersfield and using them as a stick to have a go at him with. Our problems clearly won't be going away this year either. You're wasting your time with that one on here mate🙄How many times has this been pointed out but fell on deaf ears? I don’t think anyone ( certainly not myself ) doesn’t understand how much O’Neill has to sort out mate That shouldn’t be used to accept the absolute dirge football and tactics we see on a weekly basis though mutts At the end of the day the squad he has at his disposal was more than capable of giving anybody in this league a game of football and not football with no shots at goal week after week That’s for a different thread though I suppose but it needs pointing out
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Post by apb1 on Jun 20, 2022 9:02:31 GMT
Fascinating stuff from Swiss Ramble as always. We are in a lucky position financially, which is a good job as we have been in a diabolical position football wise for four years now, especially considering what we've spent overall in that time. Hopefully the leaner fitter business model will somehow bring stability and decent home form, leading to better gate receipts, which - along with commercial income - are going to be an important component of our turnover in future years. That and selling off best players Kit sales are up so that's a start!
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Post by crouchpotato1 on Jun 20, 2022 9:12:58 GMT
You're wasting your time with that one on here mate🙄How many times has this been pointed out but fell on deaf ears? I don’t think anyone ( certainly not myself ) doesn’t understand how much O’Neill has to sort out mate That shouldn’t be used to accept the absolute dirge football and tactics we see on a weekly basis though mutts At the end of the day the squad he has at his disposal was more than capable of giving anybody in this league a game of football and not football with no shots at goal week after week That’s for a different thread though I suppose but it needs pointing out I totally agree mate when ALL our best players are fit👍
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Post by theonlooker on Jun 20, 2022 9:49:25 GMT
Maybe now people will see just what a tough job the manager has had, and it really isn't as simple as pointing at Luton and Huddersfield and using them as a stick to have a go at him with. Our problems clearly won't be going away this year either. You're wasting your time with that one on here mate🙄How many times has this been pointed out but fell on deaf ears? When you factor everything into the equation, it's a lot for any modern manager to shoulder. Too much infact when you look at the work that has gone into reshaping the recruitment department and other stuff no doubt. It really shouldn't be in the modern coaches/manager's remit. The football has been dire in places for sure and some would say there is no excuse for it, and as a fan there isn't of course. We see 90 or 180 minutes of football a week and we want entertainment for our money. The way my mind has moved over the last 12 months is more towards an appreciation of what managers have to do at this club given the way it's setup, the toll it must take on them and the focus it must take away from the core part of their job. Hopefully now most of the key processes have been laid down can we now see more focus on where it 100% needs to be.
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