Financial Picture

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John in Louisiana
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Financial Picture

Postby John in Louisiana » Fri Mar 24, 2017 3:50 pm

http://www.yorkshireeveningpost.co.uk/s ... -1-8457967

Some good news and some bad news here.

it's important to remember, though, that this report covers a time period prior to Radrizzani's arrival on the scene with his millions, so I imagine our current picture is much better than the one represented therein.

Thoughts?

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Gurj
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Re: Financial Picture

Postby Gurj » Fri Mar 24, 2017 3:55 pm

A loss is never good news but when you consider how much many of the other championship have lost in comparison, £8.9m is in reality a fairly decent outcome.

It's fair to say the tide has turned and you would hope, promotion or not, the next set of results would paint a better picture still.
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dezzy
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Re: Financial Picture

Postby dezzy » Sun Mar 26, 2017 9:02 am

Crazy money to be losing, but I do think we are in the best position financially in a long time, not saying much though is it!!
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Re: Financial Picture

Postby mav » Tue Mar 28, 2017 4:30 pm

Admin costs??

something dodgy!
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MissSurreyWhite
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Re: Financial Picture

Postby MissSurreyWhite » Tue Mar 28, 2017 4:39 pm

We will only return to the black if GFH are paid off and the ground/training ground owned again.
That needs promotion, a successful team and/or a serious injection of money. The previous owners have a lot to answer for, bad running lasts for generations not to mention all the people who lost their jobs and businesses due to the poor stewardship of the club.

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1964white
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Re: Financial Picture

Postby 1964white » Wed Mar 29, 2017 12:06 pm

Brighton announce losses of £25.9 million for the 15/16 season...

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whiteswan
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Re: Financial Picture

Postby whiteswan » Wed Mar 29, 2017 2:51 pm

MissSurreyWhite wrote:We will only return to the black if GFH are paid off and the ground/training ground owned again.
That needs promotion, a successful team and/or a serious injection of money. The previous owners have a lot to answer for, bad running lasts for generations not to mention all the people who lost their jobs and businesses due to the poor stewardship of the club.

I thought we had paid off GFH and that the club is 50 - 50 owned now, but I might be wrong. Not just the previous owners have a lot to answer for but I lay this whole sorry mess at the door of Peter Ridsdale. He gambled with the very existence of our great club to feed his own ego and should have been banned for ever running a football club again. We've never recovered, and gone from one inept self interested owner to another. Hopefully we are now on a more even keel than we have been for many years.

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1964white
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Re: Financial Picture

Postby 1964white » Wed Mar 29, 2017 3:04 pm

whiteswan wrote:I thought we had paid off GFH and that the club is 50 - 50 owned now, but I might be wrong. Not just the previous owners have a lot to answer for but I lay this whole sorry mess at the door of Peter Ridsdale. He gambled with the very existence of our great club to feed his own ego and should have been banned for ever running a football club again. We've never recovered, and gone from one inept self interested owner to another. Hopefully we are now on a more even keel than we have been for many years


We are Swan :tup: next years figures will look much better

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John in Louisiana
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Re: Financial Picture

Postby John in Louisiana » Tue Apr 11, 2017 12:15 pm

Some more interesting news on the team's status:

https://twitter.com/i/moments/851380668928077825

Higher revenues than any team in the Championship exclusive of parachute payments. Lowest wages to turnover of any team in the Championship.

I think we need to give Cellino a great deal of credit here, especially given the financial position he inherited.

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beer belly bert
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Re: Financial Picture

Postby beer belly bert » Tue Apr 11, 2017 3:30 pm

John in Louisiana wrote:Some more interesting news on the team's status:

https://twitter.com/i/moments/851380668928077825

Higher revenues than any team in the Championship exclusive of parachute payments. Lowest wages to turnover of any team in the Championship.

I think we need to give Cellino a great deal of credit here, especially given the financial position he inherited.


I`m with you on this one John , said all along the bloke is a good business man and when he stays in the office and out of the dressing room the results are there for all to see , thought the new bloke had connections in china as well , not seen any of them knocking around Elland road though , I think he Chinese will be the new Arabs in the football world .
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Re: Financial Picture

Postby rab_rant » Tue Apr 11, 2017 7:23 pm

beer belly bert wrote:I`m with you on this one John , said all along the bloke is a good business man and when he stays in the office and out of the dressing room the results are there for all to see , thought the new bloke had connections in china as well , not seen any of them knocking around Elland road though , I think he Chinese will be the new Arabs in the football world .


What you are saying is that yellow will be the new brown :roflmao:
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John in Louisiana
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Re: Financial Picture

Postby John in Louisiana » Wed Apr 12, 2017 12:37 pm

rab_rant wrote:What you are saying is that yellow will be the new brown :roflmao:


I'd be ROFLMFAO as well if it wasn't politically incorrect to do so.


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