Covid - impact on revenue

[Tony Currie]

Bristol City have reported a pre-tax loss of £38.4m for the 2020-21 financial year - this increased from £10 million the previous season.

With United's large and well payed squad it could be a major issue for us with more sales in January.

 

[Tarqs]

Yes

 

[Snowflake]

Bristol City have reported a pre-tax loss of £38.4m for the 2020-21 financial year - this increased from £10 million the previous season.

With United's large and well payed squad it could be a major issue for us with more sales in January.

Bristol haven’t had parachute money.

 

[247Blade]

Bristol City have reported a pre-tax loss of £38.4m for the 2020-21 financial year - this increased from £10 million the previous season.

With United's large and well payed squad it could be a major issue for us with more sales in January.

Another good excuse for PA not to buy in the JTW

 

[Houso]

Another understandable reason for PA not to buy in the JTW

FTFY

 

[Carlton Blade]

Bristol haven’t had parachute money.

Bristol City also don't have a hilarious wage bill of £40m+, a stadium purchase to finance and ongoing payments for transfer fees on players we'd have to subsidise to move on

 

[Hagansbootlaces]

Another good excuse for PA not to buy in the JTW

After 2 years of Covid restrictions, inflation, coupled with rising bills in every sector, I presume you have already booked two weeks in the Caribbean, bought a new car, and hired an Architect to design the extension on your house, or are you doing what every other sane person is doing and being careful with their money, to ride things through

 

[Rodley]

Bristol City also don't have a hilarious wage bill of £40m+, a stadium purchase to finance and ongoing payments for transfer fees on players we'd have to subsidise to move on

Still find it weird that the bloke who owns the club didn’t have the clover to buy the clubs assets (the stadium), and had to take out a loan to do so.

 

[Rodley]

After 2 years of Covid restrictions, inflation, coupled with rising bills in every sector, I presume you have already booked two weeks in the Caribbean, bought a new car, and hired an Architect to design the extension on your house, or are you doing what every other sane person is doing and being careful with their money, to ride things through

My builder currently booked up for 14 months for extensions.

 

[Scarebus]

Bristol haven’t had parachute money.

No, but their owner has pumped in £215m

Imagine putting that much of your personal wealth into Bristol fucking city

 

[Hagansbootlaces]

My builder currently booked up for 14 months for extensions.

Couple of factors driving that, rise in house prices, partly due to Covud and people wanting to relocate for a variety of reasons and people also realising they either can't afford to move, and need to make changes, or need to make changes because lockdowns or working from home highlighted houses not 'working'

 

[Maidenhead]

After 2 years of Covid restrictions, inflation, coupled with rising bills in every sector, I presume you have already booked two weeks in the Caribbean, bought a new car, and hired an Architect to design the extension on your house, or are you doing what every other sane person is doing and being careful with their money, to ride things through

Cut backs are required so I've done away with the car and booked a couple of extra holidays instead

 

[metalblade]

Our average attendances are currently 10,000 higher than Bristol City's and have been for around the last five years.

 

[Hagansbootlaces]

Cut backs are required so I've done away with the car and booked a couple of extra holidays instead

me too,, why not,,Mablethorpe is supposed to be great in October, not over run with tourists, and the added benefit of zero chance of sunburn

 

[Yellarbellyblade]

me too,, why not,,Mablethorpe is supposed to be great in October, not over run with tourists, and the added benefit of zero chance of sunburn

https://www.self.com/story/wind-burn-on-face-exercise/amp

Thought this might be useful for you Hagan

 

[Mumbo]

My builder currently booked up for 14 months for extensions.

 

[Mumbo]

My builder currently booked up for 14 months for extensions.

Building trade is booming been in it over 20 years,never been so busy

 

[davidblade]

I honestly don’t believe PA has spent loads of cash at United I believe he’s borrowed money with the football ground as security for the loans.
Him and his cronies are taking the piss , just like McCabe used to do.

 

[Rodley]

Hopefully we don’t have to sell too heavily and we give the playoffs a good go. It’s absolutely wide open.

 

[bertieblade]

I honestly don’t believe PA has spent loads of cash at United I believe he’s borrowed money with the football ground as security for the loans.
Him and his cronies are taking the piss , just like McCabe used to do.

The CLUB had to buy the ground from mccabe to put it back into the clubs ownership
Owner had secured funds against parachute payments and used premiership income to provide funds for CW to “cough” invest on his behalf.
The accounts will confirm

 

[247Blade]

After 2 years of Covid restrictions, inflation, coupled with rising bills in every sector, I presume you have already booked two weeks in the Caribbean, bought a new car, and hired an Architect to design the extension on your house, or are you doing what every other sane person is doing and being careful with their money, to ride things through

It's a business ... if he doesn't invest can't seeing us progress. Oh by the way I don't go on foreign holidays and don't own a house ... and as sane goes I can't be any worse than those people in the present government.

 

[davidblade]

The CLUB had to buy the ground from mccabe to put it back into the clubs ownership
Owner had secured funds against parachute payments and used premiership income to provide funds for CW to “cough” invest on his behalf.
The accounts will confirm

Exactly he hasn’t invested his own money

 

[Belvedere Blade]

Bristol City won't of had any where near the amount of TV money like what Utd and the other clubs would of had last season in premiership with every match been shown live.

 

[bertieblade]

Exactly he hasn’t invested his own money

He has invested some of his money ( I.e mortgaged his house) but he cannot spend money he has not got, at least he gave clearance to invest in some of the players that CW wanted unlike the American co. Who McCabe had lined up to buy SUFC and subsequently bought Burnley only to seemingly asset strip it.
be thankful for small mercies.

do you go and buy a Ferrari when you can only afford a Ford? No because that type of management sees a very quick route to bankruptcy, in all honesty unless we sell players for decent prices we will be in a Very precarious position in the not too distant future, but that can be said of most clubs.
we cannot afford to keep paying high salaries to players who are not performing in thevfirst team and subsequently they will have to be offloaded

 

[davidblade]

I don’t disagree with you at all , but what your are saying is vastly different from what he is spinning. He say he’s spent 200 million it s bull shite . We are definitely in trouble

 

[Carlton Blade]

Still find it weird that the bloke who owns the club didn’t have the clover to buy the clubs assets (the stadium), and had to take out a loan to do so.

Why?

 

[metalblade]

I don’t disagree with you at all , but what your are saying is vastly different from what he is spinning. He say he’s spent 200 million it s bull shite . We are definitely in trouble

So he is paying McCabe around £50m for the club and over the last two Premier league seasons we have been rewarded with around £250m so it isn't really that hard to work out just using fees without speculating how much goes out in wages.

 

[bertieblade]

He is saying the club has spent £200m

 

[Steelcitysenior]

He has invested some of his money ( I.e mortgaged his house) but he cannot spend money he has not got, at least he gave clearance to invest in some of the players that CW wanted unlike the American co. Who McCabe had lined up to buy SUFC and subsequently bought Burnley only to seemingly asset strip it.
be thankful for small mercies.

do you go and buy a Ferrari when you can only afford a Ford? No because that type of management sees a very quick route to bankruptcy, in all honesty unless we sell players for decent prices we will be in a Very precarious position in the not too distant future, but that can be said of most clubs.
we cannot afford to keep paying high salaries to players who are not performing in thevfirst team and subsequently they will have to be offloaded

Not sure about Ferrari's, think we tried to buy a few BMW's and Audi's and ended up with Lada's and a couple of damage repairables.
Don't see anyone at our level having money to spend and the those that do will be looking for firesale prices. UTB.

 

[Stevo]

My builder currently booked up for 14 months for extensions.

Hair??