A question about the £6m expenditure on wages?

[SUFC Handsworth]

Apologies if this has been covered in other thread(s).

If we spent £6m on wages in the last financial year (as has been widely reported recently), given that we've not broken the FFP rules does that mean turnover was a shade under £10m i.e. spending £6m on wages shouldn't really be a big financial issue for the club (apart from the under performance of the players on that type of money)?

 

[wizadry]

Sean Thornton ?

 

[Sean Thornton]

Sean Thornton ?

Apologies if this has been covered in other thread(s).

If we spent £6m on wages in the last financial year (as has been widely reported recently), given that we've not broken the FFP rules does that mean turnover was a shade under £10m i.e. spending £6m on wages shouldn't really be a big financial issue for the club (apart from the under performance of the players on that type of money)?

Owner investment counts as turnover for SCMP as well as P&L income.

 

[Sean Thornton]

Plus I'd guess it maybe a bit more than £6m but that's only my opinion.

 

[GRUMPY BLADE]

If we spent £6m on wages........


......it were wasted

 

[wizadry]

Owner investment counts as turnover for SCMP as well as P&L income.

P&L income?

 

[Sean Thornton]

P&L income?

Gate receipts league funds catering etc etc etc. normal trading income.