Administration?



Not doubting your accounting credentials but we have posters on here saying that Short bankrolled us players to the tune of £40M per year, over 10 years that's £400M over his tenure. That's simply not true. Those stats I put up might be crude but they reflect the amount of money we have spent on players each of his seasons. I know they don't include agent fees wages etc, but quite frankly I don't give a shit, that's the responsibility of the owner and his competency in running a business in reducing liabilities.

If my business was losing money hand over fist and high interest loans were needed just to keep it afloat, who would I blame? The people I appointed or myself for not having a clue how to run a business?
Yep these are the stats I had pulled off the net some time ago...

SAFC Transfer spend

2010/11 = -£14m
2011/12 = £5.5m
2012/13 = £18m
2013/14 = £7.4m
2014/15 = £12m
2015/16 = £18.7m

Total 47.6

£8m out per season


SAFC TV income revenue

2010/11 = £46m
2011/12 = £44m
2012/13 = £43m
2013/14 = £71m
2014/15 = £67m
2015/16 = £71m

Total 342

£57m in per season

These are before last years record TV money and this years sale of Pickford. To be loosing what we allegedly have been over that period shows complete mismanagement at the top.
 
Yep these are the stats I had pulled off the net some time ago...

SAFC Transfer spend

2010/11 = -£14m
2011/12 = £5.5m
2012/13 = £18m
2013/14 = £7.4m
2014/15 = £12m
2015/16 = £18.7m

Total 47.6

£8m out per season


SAFC TV income revenue

2010/11 = £46m
2011/12 = £44m
2012/13 = £43m
2013/14 = £71m
2014/15 = £67m
2015/16 = £71m

Total 342

£57m in per season

These are before last years record TV money and this years sale of Pickford. To be loosing what we allegedly have been over that period shows complete mismanagement at the top.

Exactly mate, nail on head.

Short hasn't splashed the cash like some on here would have you believe, any losses that have been incurred during his time are due to his incompetence.

If we were to go into administration, who would the Short defenders blame?
 
Yep these are the stats I had pulled off the net some time ago...

SAFC Transfer spend

2010/11 = -£14m
2011/12 = £5.5m
2012/13 = £18m
2013/14 = £7.4m
2014/15 = £12m
2015/16 = £18.7m

Total 47.6

£8m out per season


SAFC TV income revenue

2010/11 = £46m
2011/12 = £44m
2012/13 = £43m
2013/14 = £71m
2014/15 = £67m
2015/16 = £71m

Total 342

£57m in per season

These are before last years record TV money and this years sale of Pickford. To be loosing what we allegedly have been over that period shows complete mismanagement at the top.

Every single penny of that TV money went on wages and other running costs. Where else would it have come from? So far as transfers are concerned, analysing the accounts gives the following net spends from 2006/7 onwards. These do, admittedly, include agents fees, etc, All numbers are £m

2006/7 19.7, 2007/8 40.9 2008/9 18 2009/10 27.3 2010/11 13 2011/12 -7.6 2012/13 44.3 2013/14 6.9 2014/15 36.5 2015/16 19.2.

Ten year total net spend £218.1m
 
Yep these are the stats I had pulled off the net some time ago...

SAFC Transfer spend

2010/11 = -£14m
2011/12 = £5.5m
2012/13 = £18m
2013/14 = £7.4m
2014/15 = £12m
2015/16 = £18.7m

Total 47.6

£8m out per season


SAFC TV income revenue

2010/11 = £46m
2011/12 = £44m
2012/13 = £43m
2013/14 = £71m
2014/15 = £67m
2015/16 = £71m

Total 342

£57m in per season

These are before last years record TV money and this years sale of Pickford. To be loosing what we allegedly have been over that period shows complete mismanagement at the top.
If you factored in the wages over those years you may be on to something! you did not so i an out !part of a story is exactly what you have produced and in reality its worthless !
 
If you factored in the wages over those years you may be on to something! you did not so i an out !part of a story is exactly what you have produced and in reality its worthless !
50m in wages per season then, that equates to every squad player earning c40-50k a week. I'd be surprised if no more than 10 players where on that sort of money.

Every single penny of that TV money went on wages and other running costs. Where else would it have come from? So far as transfers are concerned, analysing the accounts gives the following net spends from 2006/7 onwards. These do, admittedly, include agents fees, etc, All numbers are £m

2006/7 19.7, 2007/8 40.9 2008/9 18 2009/10 27.3 2010/11 13 2011/12 -7.6 2012/13 44.3 2013/14 6.9 2014/15 36.5 2015/16 19.2.

Ten year total net spend £218.1m
On those figures then we must have spent more on agents and loan fees than transfer fees. Wonder whose agents got the lions share?
 
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Yep these are the stats I had pulled off the net some time ago...

SAFC Transfer spend

2010/11 = -£14m
2011/12 = £5.5m
2012/13 = £18m
2013/14 = £7.4m
2014/15 = £12m
2015/16 = £18.7m

Total 47.6

£8m out per season


SAFC TV income revenue

2010/11 = £46m
2011/12 = £44m
2012/13 = £43m
2013/14 = £71m
2014/15 = £67m
2015/16 = £71m

Total 342

£57m in per season

These are before last years record TV money and this years sale of Pickford. To be loosing what we allegedly have been over that period shows complete mismanagement at the top.
Think you've added your transfer spend up wrong.

And I'm afraid accountancy (and the running of a football club) isn't as simple as how you have presented your figures.
 
50m in wages per season then, that equates to every squad player earning c40-50k a week. I'd be surprised if no more than 10 players where on that sort of money.


On those figures then we must have spent more on agents and loan fees than transfer fees. Wonder whose agents got the lions share?

It will also include signing on fees - "free" transfers can cost as much as paid ones. Total wage bill in those 10 years is £766.5m. This covers all staff, and will also include NI and pension costs.
 
Fuck me, how can someone be so dense? I don't need to read any of your bullshit posts again thank you very much. You said Short spent 40M per year (or thereabouts since you backtracked) and we need to thank Short for the greatest 10 years of our lifetime. Pure bullshit. Only 1 year even came close to your bullshit. Spending big money ffs :oops:.

2008-2009 Ins; 15M outs; 3.75M = 12.25M net spend
2009-2010 Ins; 30.5M outs; 20M = 10.5M net spend
2010-2011 Ins; 23.5M outs; 45M = minus 21.5M net spend
2011-2012 Ins; 17M outs; 0 = 17M net spend
2012-2013 Ins; 27M outs; 10M = 17M net spend
2013-2014 Ins; 18M outs; 11M = 7M net spend
2014-2015 Ins; 16M outs; 2M = 14M net spend
2015-2016 Ins; 37M outs; 0 = 37M net spend
2016-2017 Ins; 27M outs; 37M = minus 10M
2017-2018 Ins; 0.5M outs; 2M = minus 1.5M

http://www.soccerbase.com/teams/team.sd?team_id=2493&teamTabs=transfers

These figures don't include any loan fees received either. So going by these figures Short has spent roughly a grand total of £80M in transfer fees 10 years. Canny big spender like, oooh those heady days, how will we ever cope without him? Wanker.



The lad wasn't talking about expenditure or turnover etc. He was talking about how much Short spent on player transfers every year.

Read my posts again and you will see that I did not mention net spend, you did. Nor did I mention "thanking Short for the greatest 10 years of our lifetime", simply acknowledging that we wouldn't have spent so long in the Premier League without him. It's not particularly contentious, you've just backed yourself into a corner where you feel you can't be seen to take a balanced view. You can't even accept that he has spent 'big money' even though he has got us into a crippling amount of debt having spent more than all our previous owners combined.
 
It will also include signing on fees - "free" transfers can cost as much as paid ones. Total wage bill in those 10 years is £766.5m. This covers all staff, and will also include NI and pension costs.
Be good to know the split on playing staff to admin and directors etc. And pension payments is a great way of getting the corporation tax bill down somewhat.
 
Read my posts again and you will see that I did not mention net spend, you did. Nor did I mention "thanking Short for the greatest 10 years of our lifetime", simply acknowledging that we wouldn't have spent so long in the Premier League without him. It's not particularly contentious, you've just backed yourself into a corner where you feel you can't be seen to take a balanced view. You can't even accept that he has spent 'big money' even though he has got us into a crippling amount of debt having spent more than all our previous owners combined.

I can't even be bothered to debate with you anymore. You are spouting some serious BS propaganda. Backed into a corner? Laughable.
I've asked you several times now, point to which year we spent 'big'. You can't even back up your ludicrous assertions, and as for surviving 10 year in the premiership without Short? I'm embarrassed for you mate, really am.

I will contend that if we had any other owner in this time, and I mean literally anyone else, we would not be in this shit situation.
 
I can't even be bothered to debate with you anymore. You are spouting some serious BS propaganda. Backed into a corner? Laughable.
I've asked you several times now, point to which year we spent 'big'. You can't even back up your ludicrous assertions, and as for surviving 10 year in the premiership without Short? I'm embarrassed for you mate, really am.

I will contend that if we had any other owner in this time, and I mean literally anyone else, we would not be in this shit situation.

You forgot the little smiley with a red face. Aciiieeed!
 
Be good to know the split on playing staff to admin and directors etc. And pension payments is a great way of getting the corporation tax bill down somewhat.

The only separately disclosed number by category is director's pay. The total is shown split by pay, NI and pensions. For 2015/16 these were wages £75.5m, social security costs £9.2m and pension costs £0.3m. Pensions-wise the club participates in the Football league scheme, and, as such, probably has no control over costs. As it's a loss-maker, the club hasn't paid corporation tax for years, and has something like £200m in available losses to offset future profits.
 
The only separately disclosed number by category is director's pay. The total is shown split by pay, NI and pensions. For 2015/16 these were wages £75.5m, social security costs £9.2m and pension costs £0.3m. Pensions-wise the club participates in the Football league scheme, and, as such, probably has no control over costs. As it's a loss-maker, the club hasn't paid corporation tax for years, and has something like £200m in available losses to offset future profits.
From an investors point of view that 200m is a pretty decent carrot. Assuming they can make a profit.
 

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