Blades Leisure Accounts

[Tiger]

Blades Leisure Accounts are now available to view on The Companies House web site.
The costs of promotion have pushed the loss to £21.3m from £2m
An interesting read

 

[Tiger]

Blades Leisure Accounts for last season are now available to view on The Companies House web site.
The costs of promotion have pushed the loss to £21.3m from £2m
An interesting read

 

[Tiger]

Intended to say that the accounts are for year ended 30th June 2019

 

[metalblade]

Is that another McCabe company that is only there in name a bit like D taxi's

 

[Tiger]

No Blades Leisure is the operating business of the club now completely controlled by the Saudis

 

[Tiger]

BLADES LEISURE LIMITED filing history - Find and update company information - GOV.UK

BLADES LEISURE LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

beta.companieshouse.gov.uk

Here`s the link

 

[Sean Thornton]

No Blades Leisure is the operating business of the club now completely controlled by the Saudis

It's actually the holding company as shown by its SIC number.

 

[Silent Blade]

What were our losses for 2016-17 and 2017-18?

 

[Sean Thornton]

What were our losses for 2016-17 and 2017-18?

2018 £2m & £5.6m 2017

 

[Grappler]

No Blades Leisure is the operating business of the club now completely controlled by the Saudis

You come across like a pig fan mate. Maybe you are, in which case I would have thought you have more than enough problems at the rust bucket to be concerned about.

You could be a Blade fan of course, with a very strange use of wording.

 

[Silent Blade]

2018 £2m & £5.6m 2017

That means £28.6M losses in three years so we are ok.

 

[LoughboroBlade]

Blades Leisure Accounts are now available to view on The Companies House web site.
The costs of promotion have pushed the loss to £21.3m from £2m
An interesting read

As covered in the thread on Kieran Maguire’s assessment of the accounts, the large figure is essentially bonuses from promotion. I’m more reassured by that – we’ve essentially had a very incentive-based financial model, which added to Wilder’s managerial qualities appears to have given us a highly motivated playing staff. Who knew that this might be more successful in the Championship than paying massive wages to players whether successful or not.

 

[anglian blade]

It is very noticeable how much more explanatory the accounts are compared to Wednesday's where the "sale" of the stadium was almost invisible.

 

[Harrisblade]

As covered in the thread on Kieran Maguire’s assessment of the accounts, the large figure is essentially bonuses from promotion. I’m more reassured by that – we’ve essentially had a very incentive-based financial model, which added to Wilder’s managerial qualities appears to have given us a highly motivated playing staff. Who knew that this might be more successful in the Championship than paying massive wages to players whether successful or not.

Will the PL money eventually appear in this account or does that go somewhere else?

 

[LoughboroBlade]

Will the PL money eventually appear in this account or does that go somewhere else?

It’ll be in the 2019/20 accounts when they are announced in presumably a year’s time.

 

[Sean Thornton]

Will the PL money eventually appear in this account or does that go somewhere else?

Chansiri is including it in Wednesdays next Accounts.

 

[Tony Kenworthy’s toe]

Spent a bit more than what was being fed, all this doing it on the cheap has been found to be a big lie. All the snouts sneering over Wednesdays accounts and United have loaded onto payments yet to be recieved. The coronavirus hiatus could burn you big time.

 

[Billyblade]

Spent a bit more than what was being fed, all this doing it on the cheap has been found to be a big lie. All the snouts sneering over Wednesdays accounts and United have loaded onto payments yet to be recieved. The coronavirus hiatus could burn you big time.

£28m loss over 3 years is on the cheap compared to other clubs.
As a pig fan on your rivals board do you really think it wise to cast aspersions on our finances?
It's a bit like Myra Hindley questioning someone's childcare

 

[Trigger Blade]

£28m loss over 3 years is on the cheap compared to other clubs.
As a pig fan on your rivals board do you really think it wise to cast aspersions on our finances?
It's a bit like Myra Hindley questioning someone's childcare

It’s known in the trade as deflecting, they’re very good at that over in S6.

 

[Tony Kenworthy’s toe]

£28m loss over 3 years is on the cheap compared to other clubs.
As a pig fan on your rivals board do you really think it wise to cast aspersions on our finances?
It's a bit like Myra Hindley questioning someone's childcare

Everytime I speak to a Blade they’re always account experts having their 2 penneth into Wednesday finances. “The Stir” help to peddle the myth (who happen to be posters on here)
Wednesday may have spent money but it’s all DCs and not borrowed on the never never.
If Sky (as predicted by some) don’t fulfill their payments, you will have problems..

it also looks as though the Prince hasn’t got the funds,

 

[Tony Kenworthy’s toe]

It’s known in the trade as deflecting, they’re very good at that over in S6.

Speaking of deflecting, what’s your take on United accounts then?

 

[8lade]

Spent a bit more than what was being fed, all this doing it on the cheap has been found to be a big lie. All the snouts sneering over Wednesdays accounts and United have loaded onto payments yet to be recieved. The coronavirus hiatus could burn you big time.

 

[Billyblade]

Everytime I speak to a Blade they’re always account experts having their 2 penneth into Wednesday finances. “The Stir” help to peddle the myth (who happen to be posters on here)
Wednesday may have spent money but it’s all DCs and not borrowed on the never never.
If Sky (as predicted by some) don’t fulfill their payments, you will have problems..

it also looks as though the Prince hasn’t got the funds,

Doesn't matter whose money you spent, you cheated.
Piggy mate of mine always said you'd have no problems because Chansiri had "shitloads of money" to which I replied "Can't buy fucking points though can he?"

 

[Tony Kenworthy’s toe]

Doesn't matter whose money you spent, you cheated.
Piggy mate of mine always said you'd have no problems because Chansiri had "shitloads of money" to which I replied "Can't buy fucking points though can he?"

Not had a game annulled yet

 

[Billyblade]

Not had a game annulled yet

Don't get you

 

[Trigger Blade]

Speaking of deflecting, what’s your take on United accounts then?

I’m not an expert, I don’t think you’ll find any post on here from me pontificating on football club finances.

I did read somewhere though that it appears that we take the generally accepted accounting principle of allocating any given expense to the financial year it was incurred, it allows for transparency of dealings. Apparently not all businesses do that, not even all football clubs, in fact not even all football clubs in Sheffield.

But like I say, I’m no expert.

 

[Balham]

Speaking of deflecting, what’s your take on United accounts then?

Seeing as you asked, my main takeaway was that United's accounts covered a 12 month period to 30 June 2019 rather than 14 months with an extension of a year for a convenient transaction to be included. Which reputable club would do something like that I wonder?

 

[Sean Thornton]

Spent a bit more than what was being fed, all this doing it on the cheap has been found to be a big lie. All the snouts sneering over Wednesdays accounts and United have loaded onto payments yet to be recieved. The coronavirus hiatus could burn you big time.

Do you want to explain exactly what you mean by "loaded onto payments"?

 

[Robboblade1889]

Seeing as you asked, my main takeaway was that United's accounts covered a 12 month period to 30 June 2019 rather than 14 months with an extension of a year for a convenient transaction to be included. Which reputable club would do something like that I wonder?

Just drop the mike now Balham! Absolutely love seeing the pigs scrambling about for any crumb of comfort! Just to let you know Tony we are in the premier league and all the riches it brings!

If I were you I would worry more about non payments being made to my own club! You know the club that’s being investigated for cheating the system.
We will be in the premier league next year you could be in league one or at best scrambling about in the lower reaches of the championship. Keep coming on here pal you make us look so good!

 

[Champagneblade]

Quite expected really. United ran a tight ship and then when the door was opened to the promised Land, the club quite rightly handsomely rewarded those guys who got the job done.

I'm sure they would be showing for less if we'd have finished mid table.

Meanwhile the cash we have coming in now takes us to a totally different level.

As it will next season, when all being well we could be in the Champions League group stages.