Accounts for last season (2024/25)

[MobileBlade]

They have been loaded onto companies house. Just not available to view yet. But let the discussions begin. Not doubt be tomorrow's news!

 

[Cheeky Blade]

Let the games begin!

 

[calcalcal]

PSR is over 3 season period
So last season (tbc)
Prem season (modest loss)
Promotion season (significant loss)
Are we in danger of sanctions or have I misunderstood it?

 

[Berkshire Blade]

Will be a huge loss.

As will the next one.

And the one after.

Owning a football club isn't overnight profit

 

[Silent Blade]

PSR is over 3 season period
So last season (tbc)
Prem season (modest loss)
Promotion season (significant loss)
Are we in danger of sanctions or have I misunderstood it?

Losses of up to £13M for 2022-23 season
Losses of up to £35M for 2023-24 season
Losses of up to £13M for 2024-25 season

Total of up to £61M over three seasons, I think.

Expenditure on academies, youth development, infrastructure, women's football, and community projects is fully exempt from the loss calculations.

 

[bakeblade]

They have been loaded onto companies house. Just not available to view yet. But let the discussions begin. Not doubt be tomorrow's news!

Hopefully El Accountanto will put something out

 

[Brian Deane]

Losses of up to £13M for 2022-23 season
Losses of up to £35M for 2023-24 season
Losses of up to £13M for 2024-25 season

Total of up to £61M over three seasons, I think.

Expenditure on academies, youth development, infrastructure, women's football, and community projects is fully exempt from the loss calculations.

Can always sell the ground to S2 Limited for £60m

 

[bladesmanluke]

We made a small profit in the prem

 

[Tickhill Blade]

When you see it there in black and white...

 

[UddersBlade]

When you see it there in black and white...

View attachment 234075

Gross incompetence!!!........ Whoever signed off on those transfers should be sacked. Talk about squandering our parachute payments!!!!......... Its frightening when you see it there in black & white.

 

[JustLookin]

When you see it there in black and white...

View attachment 234075

That’s black and yellow.

 

[Wards]

Go and check Owlstalk someone will have done a full analysis of them (based on what they've been told by someone ITK). Summary = I'd be worried if I were them.

 

[Silent Blade]

When you see it there in black and white...

View attachment 234075

A loss of under £8M in transfers then! Hardly earth shattering as some of the moaners in here claim to be!

 

[blade too long]

one of the few clubs posting an actual profit despite squandering decent players under valued

 

[finlaytheblade]

It looks like we are in decent shape and apart from Hamer maybe we can keep all our young players who with a years experience will be even better this season (next)

 

[bruce]

A loss of under £8M in transfers then! Hardly earth shattering as some of the moaners in here claim to be!

I'm not sure I'm reading it right, but I think the total cost of the transfers in was £19.1 million and after allowing for that we made a profit of £11.4 million on transfers out.

I don't see how we could have made a loss when the sales of Souza, Anel and Moore raised over £30 million

 

[bladesmanluke]

Only getting £11.4m for the sale of Anel, Souza, Kieffer and Robbo combined is atrocious

 

[bruce]

Only getting £11.4m for the sale of Anel, Souza, Kieffer and Robbo combined is atrocious

I don't think we did.
As I read it that is the figure for the total profit on transfers after allowing for the fees paid for the transfers in.
I'm pretty sure we got a total of over £30 million for Moore, Anel and Sousa, so deduct the fees paid for transfers in from that and you get £11 million or so.

 

[Silent Blade]

Only getting £11.4m for the sale of Anel, Souza, Kieffer and Robbo combined is atrocious

It will be in instalments then? We will receive the next instalments for next year and we will have to pay a second instalment next year for the 2025 signings? Or is it just that the newspapers inflate the transfer fees?

 

[Balham]

A loss of under £8M in transfers then! Hardly earth shattering as some of the moaners in here claim to be!

I'm not sure I'm reading it right, but I think the total cost of the transfers in was £19.1 million and after allowing for that we made a profit of £11.4 million on transfers out.

I don't see how we could have made a loss when the sales of Souza, Anel and Moore raised over £30 million

Only getting £11.4m for the sale of Anel, Souza, Kieffer and Robbo combined is atrocious

Profit on disposal of player registrations =/= income from transfers.

First: the £11.4m:

Ahmedhodzic: bought for £4m total on a 4 year contract. Sold for £7.5m after 3 years when he had a carrying value of £1m. Profit £6.5m
Souza: bought for £10m on a 4 year contract. Sold for £11m after two years. Profit £6m.
Cáceres: bought for £1m on an 18-month contract. Sold for £0 after 4 months. Loss £700k.
Moore: bought for £2m on a 3 year deal. Sold for £2m after 1 year. Profit £700k.
Robinson, Hackford & Freckleton were sold for nominal fees which wouldn't have affected the figures.

Total profit £12.5m but because none of the players put in a formal transfer request they will have been due a loyalty fee, usually a proportion of the transfer fee. If we assume that was 10% we get to the £11.4m profit figure reported in the accounts.

Cash wise, incomings and outgoings roughly netted out once bonuses were taken into account.

Incomings:
On the up side, Matos can't have cost much more than £1m. On the down side, that's because we blew £8m on Tanganga and £6.5m combined on Chong & McGuinness. If we manage to get a third of that spend back I'd be amazed.

 

[Berkshire Blade]

Surprised we made a profit!

That won't be the case going forward

 

[Maidenhead]

It looks like we are in decent shape and apart from Hamer maybe we can keep all our young players who with a years experience will be even better this season (next)

I'd be worried if I were us.

Those accounts look nothing like a proper Championship club so I think the lack of ambition could see us relegated next year as the pigs soar upwards thanks to their mega bucks new owners.

 

[Shawy24]

Profit on disposal of player registrations =/= income from transfers.

First: the £11.4m:

Ahmedhodzic: bought for £4m total on a 4 year contract. Sold for £7.5m after 3 years when he had a carrying value of £1m. Profit £6.5m
Souza: bought for £10m on a 4 year contract. Sold for £11m after two years. Profit £6m.
Cáceres: bought for £1m on an 18-month contract. Sold for £0 after 4 months. Loss £700k.
Moore: bought for £2m on a 3 year deal. Sold for £2m after 1 year. Profit £700k.
Robinson, Hackford & Freckleton were sold for nominal fees which wouldn't have affected the figures.

Total profit £12.5m but because none of the players put in a formal transfer request they will have been due a loyalty fee, usually a proportion of the transfer fee. If we assume that was 10% we get to the £11.4m profit figure reported in the accounts.

Cash wise, incomings and outgoings roughly netted out once bonuses were taken into account.

Incomings:
On the up side, Matos can't have cost much more than £1m. On the down side, that's because we blew £8m on Tanganga and £6.5m combined on Chong & McGuinness. If we manage to get a third of that spend back I'd be amazed.

But what about the intangibles?

 

[ckpe147]

Only getting £11.4m for the sale of Anel, Souza, Kieffer and Robbo combined is atrocious

Its profit in player disposals, meaning we gained that in profit after spending 19.1m.on those signings

 

[ckpe147]

Profit on disposal of player registrations =/= income from transfers.

First: the £11.4m:

Ahmedhodzic: bought for £4m total on a 4 year contract. Sold for £7.5m after 3 years when he had a carrying value of £1m. Profit £6.5m
Souza: bought for £10m on a 4 year contract. Sold for £11m after two years. Profit £6m.
Cáceres: bought for £1m on an 18-month contract. Sold for £0 after 4 months. Loss £700k.
Moore: bought for £2m on a 3 year deal. Sold for £2m after 1 year. Profit £700k.
Robinson, Hackford & Freckleton were sold for nominal fees which wouldn't have affected the figures.

Total profit £12.5m but because none of the players put in a formal transfer request they will have been due a loyalty fee, usually a proportion of the transfer fee. If we assume that was 10% we get to the £11.4m profit figure reported in the accounts.

Cash wise, incomings and outgoings roughly netted out once bonuses were taken into account.

Incomings:
On the up side, Matos can't have cost much more than £1m. On the down side, that's because we blew £8m on Tanganga and £6.5m combined on Chong & McGuinness. If we manage to get a third of that spend back I'd be amazed.

Plus 2.5m spent on Zatterstrom.

Means the fees we did spend on Chong and McGuinness aren't as high as was concerned to be

 

[Brian Deane]

But what about the intangibles?

This one ? https://m.imdb.com/es/title/tt13476312/?ref_=ext_shr_lnk

 

[Silent Blade]

Ahmedhodzic: bought for £4m total on a 4 year contract. Sold for £7.5m after 3 years when he had a carrying value of £1m. Profit £6.5m
Souza: bought for £10m on a 4 year contract. Sold for £11m after two years. Profit £6m.

Thanks, am trying to work out how you came to the profits.

Souza bought for £10M (assume that is the fee and his wages?) so he had 2 years left in his contract and we have saved £5M in wages plus £1M in transfer fee profit?

Using the method I was working out the profit for Souza I am not sure how you got £6.5M profit for Anel, by my calculations it is £4.5M profit for Anel.