Comparisons with Portsmouth, Coventry etc

Discussion in 'Bulletin Board ARCHIVE' started by BFC Dave, Mar 2, 2012.

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  1. BFC Dave

    BFC Dave Well-Known Member

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    I've just printed off BFC accounts for the year ended 31st May 2011 (last season) published on 28th Feb 2012 (on time)

    I've not had chance for a good look but a quick summary is

    Turnover £11m

    Total wages costs £8m

    loss after player trading £250K

    Whilst these figures are not great there is not a significant deterioration. Also the level of support that PC gives appears not to have increased when compared to the previous year. There are loans owing to PC of £2.6m (slightly down) and a share subscription of £1m (unchanged). PC has also personally guaranteed an overdraft facility to the tune of £1.9m.

    It will be interesting to see how the rationalisation of costs in the current season will impact on the figures for 2012 and whether this will help the club move towards self sufficiency

    I've only had a quick look and will digest them more over the weekend.
     
    BFC Dave, Mar 2, 2012
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  2. Ext

    Extremely Northern Well-Known Member

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    I assume all salary costs are together - ie on and off field ?

    Be interesting to see a comparison of turnovers with other Champ clubs, and in our own case to see where the turnover comes from - matchday/corporate/other activities etc.
     
    Extremely Northern, Mar 2, 2012
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  3. Hem

    Hemsworth Tyke Well-Known Member

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    when i said wage bill would have been 8M you said it was less.
     
    Hemsworth Tyke, Mar 2, 2012
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  4. Jack Tatty

    Jack Tatty Well-Known Member

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    Thanks for that Dave.

    Obviously the Vaz Te and Haynes fees won't be included.Will the Shackell money also be in that?

    The club is also cutting its wage bill and i imagine McEverley,Doyle and Gray to be released this Summer.


    Will any of the above make any difference for the following 12 months Dave?
     
    Jack Tatty, Mar 2, 2012
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  5. Redstar

    Redstar Well-Known Member

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    What was expenditure on players?
     
    Redstar, Mar 2, 2012
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  6. Ext

    Extremely Northern Well-Known Member

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    Have a day off.
     
    Extremely Northern, Mar 2, 2012
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  7. Jack Tatty

    Jack Tatty Well-Known Member

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    Would you like to calculate the accounts? What pointless point are you trying to prove now?
     
    Jack Tatty, Mar 2, 2012
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  8. RichK

    RichK Well-Known Member

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    Surely it will be next years accounts (i.e. ending May 2012) where we will see the difference?
     
    RichK, Mar 2, 2012
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  9. Redstar

    Redstar Well-Known Member

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    I would guess that any money made from Shackell sale would be in this years accounts as he left after 31st May 2011.
     
    Redstar, Mar 2, 2012
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  10. Jack Tatty

    Jack Tatty Well-Known Member

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    I would like to think so.If not then it would really be a concern.
     
    Jack Tatty, Mar 2, 2012
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  11. BFC Dave

    BFC Dave Well-Known Member

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    I think you may find I said that the CURRENT wage bill is likely to be less. These figures are for year to May 2011
     
    BFC Dave, Mar 2, 2012
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  12. BFC Dave

    BFC Dave Well-Known Member

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    I would think so.
     
    BFC Dave, Mar 2, 2012
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  13. BFC Dave

    BFC Dave Well-Known Member

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    Me ? :eek:
     
    BFC Dave, Mar 2, 2012
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  14. MarioKempes

    MarioKempes Well-Known Member

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    They are the figures for last season and will be a lot less this season.
     
    MarioKempes, Mar 2, 2012
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  15. Ext

    Extremely Northern Well-Known Member

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    Downloaded a set for myself to have a gander.
     
    Extremely Northern, Mar 2, 2012
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  16. Ext

    Extremely Northern Well-Known Member

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    No, rainman.

    I'm hoping me & thee can have a boring bbs chat about the accounts later....
     
    Extremely Northern, Mar 2, 2012
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  17. MarioKempes

    MarioKempes Well-Known Member

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    It's just been on the news that Coventry and Birmingham haven't returned theirs on time and now have transfer embargos placed on them. Tut tut.
     
    MarioKempes, Mar 2, 2012
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  18. Redstar

    Redstar Well-Known Member

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    Not in time to stop Brum signing that lad from Pompey though.
     
    Redstar, Mar 2, 2012
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  19. BFC Dave

    BFC Dave Well-Known Member

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    My pleasure ! :smile:
     
    BFC Dave, Mar 2, 2012
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  20. Redstar

    Redstar Well-Known Member

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    Correct. But "rainman" won't have it.
     
    Redstar, Mar 2, 2012
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