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Finances

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bytholwyn

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Sorry to put a downer on things, but is it just me that's concerned about our Finances? We only escaped breaching P & S regulations this season thanks to the allowable deductions of the academy, women's team and infrastructure costs. We posted a modest profit on player trading of about £4.5 million if my memory serves and yet still posted a hefty loss of over £15 million. The way things are looking at the moment it's hard to see how we can avoid making a loss on player trading, unless there's an unexpected windfall.

With the sell-on fees for Piroe, Whittaker and Joseph added to the fee for Grimes' sale we've made in the region of around £7 million. You can probably deduct a couple of million from this for compensation to Williams and his assistants, plus a likely sizeable loan fee for O'Brien. So we have about £5 million to play with. I'm guessing that Inoussa's £5 million fee is probably around £3 million up front. So that leaves just about £2 million to play with for multiple acquisitions, just to break even.

We may get a million, perhaps a million and a half for Yates, but apart from that who else might we sell? There's been rumours about Vipotnik attracting interest, and he may leave for around £3 million. The only possible big money sale to an established Premier League side would be Eom, and who knows, Inoussa's arrival may be connected to Eom's impending departure. If he went to an established PL side we'd be looking at at least £10 million.

Realistically, if we're to make even a modest profit on player trading this summer we will need at least one big ticket sale. Apart from Eom (and I don't think that's likely) I can't see any other departures generating significant revenue. But the owners are well aware of the P & S constraints - so this has to figure heavily in their thinking. One hopes.
 
Inoussa deal is 1/2m up front, the rest staggered over 5 years. So no not 3m right now

How does new shares/equity factor into PSR. Not an accountant. Read league 1 rules are owners cant loan the club money to avoid the rules but they can invest in more shares. Seems that is a benfit to the profit and loss.

Any accountants on here know?

How many million pounds worth of shares have been issued and bought in the recent takeover.

Modric bought 5m of shares.
 
Sorry to put a downer on things, but is it just me that's concerned about our Finances? We only escaped breaching P & S regulations this season thanks to the allowable deductions of the academy, women's team and infrastructure costs. We posted a modest profit on player trading of about £4.5 million if my memory serves and yet still posted a hefty loss of over £15 million. The way things are looking at the moment it's hard to see how we can avoid making a loss on player trading, unless there's an unexpected windfall.

With the sell-on fees for Piroe, Whittaker and Joseph added to the fee for Grimes' sale we've made in the region of around £7 million. You can probably deduct a couple of million from this for compensation to Williams and his assistants, plus a likely sizeable loan fee for O'Brien. So we have about £5 million to play with. I'm guessing that Inoussa's £5 million fee is probably around £3 million up front. So that leaves just about £2 million to play with for multiple acquisitions, just to break even.

We may get a million, perhaps a million and a half for Yates, but apart from that who else might we sell? There's been rumours about Vipotnik attracting interest, and he may leave for around £3 million. The only possible big money sale to an established Premier League side would be Eom, and who knows, Inoussa's arrival may be connected to Eom's impending departure. If he went to an established PL side we'd be looking at at least £10 million.

Realistically, if we're to make even a modest profit on player trading this summer we will need at least one big ticket sale. Apart from Eom (and I don't think that's likely) I can't see any other departures generating significant revenue. But the owners are well aware of the P & S constraints - so this has to figure heavily in their thinking. One hopes.
Expect a significant upturn in commercial revenue. It’s been managed poorly for years, but things are on the turn.
 
Expect a significant upturn in commercial revenue. It’s been managed poorly for years, but things are on the turn.
Interesting. What form do you imagine that will take? Better sponsorship deals? Improved front of shirt deal?
 
Expect a significant upturn in commercial revenue. It’s been managed poorly for years, but things are on the turn.

If that's correct - and I've heard one or two rumblings along those lines as well - then that'll probably convince me more than any signings we could make that we finally have owners who take the club seriously.

The Chuckle Brothers couldn't have given less of a toss about the earning potential of the club if they'd tried.
 
If that's correct - and I've heard one or two rumblings along those lines as well - then that'll probably convince me more than any signings we could make that we finally have owners who take the club seriously.

The Chuckle Brothers couldn't have given less of a toss about the earning potential of the club if they'd tried.
The Chuckle Brothers cared, but their level of ineptitude in such matters was far in excess of anything we could have imagined. They thought that running a football club would be akin to any other commercial enterprise, but no amount of changes in the leadership team got them any closer to finding the magic formula.
 
The Chuckle Brothers cared
Their last attendance in person for a game was Wembley 2021. When they thought they had a sniff of the £££ again.

Lost interest again after losing, naturally.
 
Inoussa deal is 1/2m up front, the rest staggered over 5 years. So no not 3m right now

How does new shares/equity factor into PSR. Not an accountant. Read league 1 rules are owners cant loan the club money to avoid the rules but they can invest in more shares. Seems that is a benfit to the profit and loss.

Any accountants on here know?

How many million pounds worth of shares have been issued and bought in the recent takeover.

Modric bought 5m of shares.
Had it said to me that initial upfront fee is only 500k
 
Too much xG, financial fair play, sustainability, AI bolloxs blah blah blah going on here at the moment.
Thank fuk for a few weeks rest and rehabilitation 🫶

 
Their last attendance in person for a game was Wembley 2021. When they thought they had a sniff of the £££ again.

Lost interest again after losing, naturally.
I’m not accepting that they didn’t care. They still had a significant investment to maintain, continued to keep things afloat whilst at the same time spunking millions on examples such as Pedersen. More clueless as time went on, sadly.
 
Too much xG, financial fair play, sustainability, AI bolloxs blah blah blah going on here at the moment.
Thank fuk for a few weeks rest and rehabilitation 🫶

Amen to that. Spring is here, summer is coming 🫶🏼

I was up in Glesga on Thursday. It was lovely out in the sunshine. Had a few beers out the front of Waxy O’Connor’s before heading home.
 
Amen to that. Spring is here, summer is coming 🫶🏼

I was up in Glesga on Thursday. It was lovely out in the sunshine. Had a few beers out the front of Waxy O’Connor’s before heading home.
Spent many a night in Waxy's! 😍
The Counting House around the corner gets a bit lively on Derby day too Coops! 😂💚🇮🇪
 

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