by WestYorksRoyal » 17 Jan 2024 13:18
by Sutekh » 18 Jan 2024 17:45
by bcubed » 19 Jan 2024 00:11
by YorkshireRoyal99 » 19 Jan 2024 09:25
WestYorksRoyal PNE, often held up as a model Championship club these days, released their accounts today. £12m net loss and £11m equity contributed by the owner. Perfectly safe for FFP given many costs are excluded and all fine so long as the owner is committed, but still dependent upon the owner who's put in close to £80m since taking over. And they are viewed as a well run club.
A sustainable Championship is a relegated Championship club, except when there are crisis clubs to finish above.
by Winston Biscuit » 19 Jan 2024 09:35
by WestYorksRoyal » 19 Jan 2024 09:46
by Uke » 21 Jan 2024 20:53
Orion1871 I wonder how the 'ammers got such a favourable deal.
by Sutekh » 22 Jan 2024 07:49
by Brogue » 23 Jan 2024 10:28
We often hear the EFL Championship is a financial black hole - but how bad really is it?
In an attempt to visualise the problem, here's a grid showing pre-tax losses over the last decade
Key figs:
Collective net loss: £2.9 BILLION
Annual loss posted by 181/214 clubs
For now, your top (well, bottom) five:
Reading (£215.4m)
Fulham (£211.2m)
Nottingham Forest (£197.2m)
Middlesbrough (£165.3m)
Stoke City (£164.3m)
(Obviously this is only for seasons they were in Champ)
by Sutekh » 23 Jan 2024 10:56
BrogueWe often hear the EFL Championship is a financial black hole - but how bad really is it?
In an attempt to visualise the problem, here's a grid showing pre-tax losses over the last decade
Key figs:
Collective net loss: £2.9 BILLION
Annual loss posted by 181/214 clubsFor now, your top (well, bottom) five:
Reading (£215.4m)
Fulham (£211.2m)
Nottingham Forest (£197.2m)
Middlesbrough (£165.3m)
Stoke City (£164.3m)
(Obviously this is only for seasons they were in Champ)
by Winston Biscuit » 04 Mar 2024 16:31
Southampton have filed their financial accounts for the year up to June 2023, recording a pre-tax loss of £70.5m. £93.5m loss after tax.
Approximately £14.6m costs were incurred in settlements to the former clubs of new coaches hired - Jones and co.
by Pepe the Horseman » 06 Mar 2024 19:58
by Stranded » 07 Mar 2024 08:39
Pepe the Horseman Leicester could get a points deduction next season, due to PSR breach.
https://www.telegraph.co.uk/football/20 ... deduction/
Seems like it could get messy.
by Winston Biscuit » 07 Mar 2024 08:47
by Sutekh » 07 Mar 2024 10:24
StrandedPepe the Horseman Leicester could get a points deduction next season, due to PSR breach.
https://www.telegraph.co.uk/football/20 ... deduction/
Seems like it could get messy.
Given their outright refusal to co-operate with the EFL and them getting away with it via a loophole then I'll have very little sympathy if their promotion (and the vast amount of money they get) results with them having to sell a couple of players or take the penalty and see if they can still stay up.
In these instances, it hardly seems like a punishment but a business decision to carry the risk.
by Stranded » 07 Mar 2024 11:23
Winston Biscuit iirc the idea of clubs being docked points for going into administration was only brought in because Leicester went into admin to help clear debts as they were on their way to promotion about 15-20 years ago. I remember there being a lot of unhappiness at the time of how they went about doing this.
by Dirk Gently » 07 Mar 2024 15:02
StrandedWinston Biscuit iirc the idea of clubs being docked points for going into administration was only brought in because Leicester went into admin to help clear debts as they were on their way to promotion about 15-20 years ago. I remember there being a lot of unhappiness at the time of how they went about doing this.
Yep, Leicester going in to admin, being able to keep all the players they couldn't afford and then get promoted was the case that brought point deductions in for all.
Have to give their lawyers credit, they are pretty skilled at finding these loopholes - though, by all accounts today, unless they raise a decent wedge of sales before end of June, it will just delay and punishment as they are likely in breach of PL rules anyway.
by Clyde1998 » 07 Mar 2024 15:35
Pepe the Horseman Leicester could get a points deduction next season, due to PSR breach.
https://www.telegraph.co.uk/football/20 ... deduction/
Seems like it could get messy.
by Sutekh » 07 Mar 2024 16:43
Clyde1998Pepe the Horseman Leicester could get a points deduction next season, due to PSR breach.
https://www.telegraph.co.uk/football/20 ... deduction/
Seems like it could get messy.
I maintain the La Liga method of giving clubs spending limits at the start of the season is what's needed.
From what I can work out their calculation is based on the following calculation:
Squad Cost Limit = Revenue - Non-Sporting Expenses - Debt Payments + 40% of Transfer Profit + Asset Sales (up to 5% of Revenue)
With squad cost being calculated as:
Squad Cost = Salaries + Image Rights + Agent Fees + Player Amortisation + Social Security + Compensation
The squad cost relates to the (up to) twenty-five players registered to play in league matches (not sure if there's a free pass for younger players), so any player who can't be registered cannot play in league matches - providing an instant sporting punishment for the clubs for overspending.
by Franchise FC » 16 Mar 2024 17:18
Users browsing this forum: No registered users and 104 guests