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Originally posted by klonk
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But not as far as FFP is concerned. Of course a net profit on player sales get accounted for FFP -
How much of a tax rebate do we get then ? LolComment
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Yeah clearly... but as a fan, i want us to reach a point where we don‘t need to sell our best players every summer and that means having operating profit before player sales within £13m every year. Not quite there yet... still probably need to cut some more costs to bridge gap between reduction in parachute payments and further wage bill reductions since these accounts, but what hoos, les and co have achieved is still very impressive imo.Originally posted by SheepRanger View PostComment
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Championship clubs get around £7m from the sky deal and we took £5.5m in ticket sales. Even with televised add ons and marketing etc surely we will struggle to get revenue over £18mOriginally posted by klonk View Post
If you 25 players on the stated £11k average the wage bill alone is £14m. Then you have other costs.
It will be a minor miracle for us to breakeven without player sales whilst staying in the championship I think. It would need players to be on £7k a week average which will be a hard ask in this leagueComment
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I don‘t disagree.Originally posted by SheepRanger View Post
but still.... clivelfw is right to look at operaing profit.
...and even if we never manage to get to a position where we don’t need to sell our best players every year, at least we’re not in a position where we need to sell all of our best players and still be absolutely flucked. And we should be happy with that... given the other possible outcomes.Comment
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Good read. Light at the end of the tunnel for us. Hope the teams cooking their books at the minute and get the punishment for itOriginally posted by SheepRanger View PostComment
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A really good, and quite encouraging read. Clearly spells out where the accounts are at. Thanks for the link...Originally posted by SheepRanger View PostComment
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