Rafa

Touchline said:
What's the difference here tough? both clubs need to sell to buy. So my people on here wear rose tinted glasses thinking the club is in a magnificent place.
Click to expand...
you're not on your second season of the premier league gravy train though are you? In your situation it's understandable. In theirs much less so
 


sessions said:
People who think I’m a whopper? And finding you funny ?.. on this message board man? .. holy fuck !!
The fact that most of the knobs on here represent about 0.05% of the total support and probably get priority seating at games says it all
You included
Click to expand...
What's this priority seating you talk of?
Fancy mocking those who attend. What an awful little specimen you are
 
cbwhu said:
we made a 60m profit in our last seasons accounts without selling anyone for a profit. it'll certainy be news to many that that is not a sustainable model! :lol::lol:
Click to expand...

Your retained profit was actually £43m (2016 £4m loss). £9m of that was an exceptional gain arising from the sale of the Boleyn ground. So the underlying profit was £34m, not £60m. Still decent, but it's one year in isolation. The year on year change was entirely due to increased TV income. You actually had a £17m loss on player trading (amortisation excess over profit on sales (ie selling price less remaining contract value)). Cash flow wise, you're laeking cash on transfer deals; the outflow was £33m in both 2016/17 and 205/16. I suspect your profit will be lower this year as player wages catch up with the TV deal, but the income will be static until a new TV deal happens.
 
Grumpy Old Man said:
Your retained profit was actually £43m (2016 £4m loss). £9m of that was an exceptional gain arising from the sale of the Boleyn ground. So the underlying profit was £34m, not £60m. Still decent, but it's one year in isolation. The year on year change was entirely due to increased TV income. You actually had a £17m loss on player trading (amortisation excess over profit on sales (ie selling price less remaining contract value)). Cash flow wise, you're laeking cash on transfer deals; the outflow was £33m in both 2016/17 and 205/16. I suspect your profit will be lower this year as player wages catch up with the TV deal, but the income will be static until a new TV deal happens.
Click to expand...
30m profit on players sales in Jan though although how that translates to accounts I never get. also new sleeve sponsor added, no idea how much and new kit deal to be announced this year (moving to Nike from Umbro I believe) as well as hopefully before Xmas finally being allowed to use the 9,000 empty seats taking capacity to it's full (for now) 66,000

lso there was the Invetsment before Xmas from US Billionaire Tripp Smith who took 10%of the club for aprice we don't know which included a mult million interest free loan
 
Last edited:
cbwhu said:
you'll find this less fair I imagien

2m a year and the government pay all policing and steward costs
Click to expand...
two ways of looking at it. it might give you a short term advantage, but you dont get the asset to borrow against should you ever need to. it also means you cant rent your ground out for concerts and shit to provide extra revenue (speculating here but i assume you don't get money for concerts held there).

plus, as someone who lives in East London, it gets people into a more decrepit areas of the city and avoids it becoming a white elephant. as long as you exist, theres 2m a year coming in from you alone, and we got the economic boost to offset the cost when the actual Olympics were on.

do you get all the ticket revenue?
 

Back
Top