£12.8m net profit in 17/18

Discussion in 'Bulletin Board' started by Gordon Owen, Jun 16, 2019.

  1. Gordon Owen

    Gordon Owen Well-Known Member

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    Screenshot_20190616-193821_Chrome.jpg Screenshot_20190616-193839_Chrome.jpg Screenshot_20190616-193857_Chrome.jpg Less than twenty clubs in the EFL had a net profit. Most of our profit was due to player transfers.
     
    Gordon Owen, Jun 16, 2019
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  2. BostonRed

    BostonRed Well-Known Member

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    Jesus H! I should imaging those that had huge losses 17/18 will do the same again for 18/19 just gone.

    Can anyone who knows about FFP tell me how repeated significant financial losses work, or what happens, or arent the EFL too bothered really?
     
    BostonRed, Jun 16, 2019
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  3. PLOBBY

    PLOBBY Well-Known Member

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    Tax man 'll be happy. 40% of 12.8m.
     
    PLOBBY, Jun 16, 2019
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  4. Abruzzo Red

    Abruzzo Red Well-Known Member

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    I think you may have answered your own question with the last sentence
     
    Abruzzo Red, Jun 16, 2019
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  5. Gally

    Gally Administrator Staff Member Admin

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    40%?
     
    Gally, Jun 16, 2019
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  6. BostonRed

    BostonRed Well-Known Member

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    Yeah just as i thought.
     
    BostonRed, Jun 16, 2019
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  7. Gordon Owen

    Gordon Owen Well-Known Member

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    To add to the other £25m

     
    Gordon Owen, Jun 16, 2019
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  8. Jam

    Jamo Well-Known Member

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    Corporation tax rate is 19%
     
    Jamo, Jun 16, 2019
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  9. Dalestykes

    Dalestykes Well-Known Member

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    We made a £13m profit ....... to get relegated!! That went well.
     
    Dalestykes, Jun 16, 2019
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  10. Gordon Owen

    Gordon Owen Well-Known Member

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    Imagined if we'd stayed up by the skin of our teeth.... we'd probably still be paying morais off.
     
    Gordon Owen, Jun 16, 2019
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  11. Skryptic

    Skryptic Well-Known Member

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    Based upon a completely arbitrary system where you lose a point for every million pounds of debt and gain a point for every million pounds of profit I got the below. I had hoped it would have worked more to our advantage but we were really ****.

    Pos Team Pts
    1 Derby County 74
    2 Norwich City 74
    3 Preston North End 73
    4 Middlesbrough 70
    5 Millwall 68
    6 Sheffield United 68
    7 Hull City 68
    8 Brentford 66
    9 Leeds United 56
    10 Ipswich Town 55
    11 Cardiff City (P) 54
    12 Barnsley (R) 53
    13 Aston Villa 48
    14 Nottingham Forest 48
    15 Fulham (P) 43
    16 Wolverhampton Wanderers (C, P) 42
    17 Bristol City 42
    18 Burton Albion (R) 41
    19 Bolton Wanderers 38
    20 Sheffield Wednesday 37
    21 Sunderland (R) 27
    22 Reading 23
    23 Queens Park Rangers 19
    24 Birmingham City 9
     
    Skryptic, Jun 16, 2019
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  12. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    Can’t you also offset it against losses in previous years?
     
    Farnham_Red, Jun 17, 2019
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  13. John Peachy

    John Peachy Well-Known Member

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    yes
     
    John Peachy, Jun 17, 2019
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