Championship finances - It is truly awful

Discussion in 'Bulletin Board' started by Archerfield, May 10, 2021.

Page 1 of 2
  1. Arc

    Archerfield Well-Known Member

    Joined:
    Jan 9, 2013
    Messages:
    2,498
    Likes Received:
    6,494
    Trophy Points:
    113
    Location:
    Archerfield, Scotland
    Style:
    Barnsley (full width)
    After all the discussion regarding Derby and their financial melt down I thought I'd dig out the accounts for all the clubs in the Championship and have a look at the state of their ongoing finances.

    With the exception of Luton and Wycombe, who file under small company rules, all the other clubs' information is there for analysis.

    Only Derby have yet to file 2019 accounts so maybe that in itself provides a clue to their precarious state. What is striking is just how unlevel the Championship is. There are some timing differences as some clubs have yet to file 2020 accounts, us included, but the impact of parachute payments and the riches of the premier league go to show just how amazing our performance has been this year.

    The average wage bill in the championship is £40m, we come in at just £8m (league one figure and likely to be higher in 2020). Bournemouth top the wage bill at £108m with Norwich, Watford, Huddersfield, Stoke and Cardiff all with wage bills over £50m. The lowest wage bills, are Coventry, Rotherham and us.

    Over half the clubs in the league have a playing wage bill greater than total turnover. Considering the fact that there are further costs such as amortisation of player values means that half the league is almost certain to run at a loss unless they can unearth players and sell on at considerable profit. The big payers based on wages to turnover are Reading 211%, Brentford 186%, Preston 179%, Bristol City 169%, Middlesboro and Wednesday 160%.

    Over the last two years only five clubs show a combined profit. Derby due to their ground sale (Wednesday still lost money despite booking £38m from the sale of their ground!), Brentford and Bristol City from player sales in 2019, Huddersfield from their two years in the premier league and Rotherham from an approach similar to ours in spending in line with their income.

    The clubs with the big losses are Bournemouth £92m over two years, Reading £72m, Birmingham £58m, Stoke £45m, Nottingham Forest £41m, Blackburn Rovers £35m, Norwich £34m, Middlesboro, £29m.

    The championship day of reckoning is going to be upon us soon. If only more clubs could be like Barnsley!
     
    Last edited: May 10, 2021
    Archerfield, May 10, 2021
    #1
    Chippy red, CarltonRed, budmustang and 20 others like this.
  2. Cod Eye

    Cod Eye Well-Known Member

    Joined:
    Feb 22, 2007
    Messages:
    2,440
    Likes Received:
    2,213
    Trophy Points:
    113
    Home Page:
    Style:
    Barnsley Dark
    How anyone can think that spending even 100% of their turnover on player wages is ok(never mind 211%!!!), I'll never know...
     
    Cod Eye, May 10, 2021
    #2
    Austiniho, Kettlewell, Andy Mac and 4 others like this.
  3. Merde Tete

    Merde Tete Well-Known Member

    Joined:
    Jul 18, 2005
    Messages:
    17,231
    Likes Received:
    16,319
    Trophy Points:
    113
    Location:
    Lincoln
    Style:
    Barnsley (full width)
    Frustrating as it has been at times, it seems that in playing the long game we've got it absolutely spot on. Whatever happens in the playoffs next week, our future is bright. We will hopefully continue to quietly prosper, as those around us implode.
     
    Merde Tete, May 10, 2021
    #3
    budmustang, Kettlewell, bfc1001 and 5 others like this.
  4. Mr C

    Mr C Well-Known Member

    Joined:
    Aug 9, 2011
    Messages:
    24,942
    Likes Received:
    15,732
    Trophy Points:
    113
    Occupation:
    Saving the world.
    Location:
    Wentworth
    Style:
    Barnsley (full width)
    I remember going to watch the Reds at Derby 6 season back. Lost & think we got relegated. Remember every tiny announcement was sponsored. & as impressive as the stadium was, it reeked of fur coat, no knickers.
    We never got much at the old Baseball Ground either. But a not unpleasant, comfortable away day. Will miss it..:)
     
    Mr C, May 10, 2021
    #4
  5. Abruzzo Red

    Abruzzo Red Well-Known Member

    Joined:
    Jun 24, 2013
    Messages:
    5,332
    Likes Received:
    7,745
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Retired - Formerly Gosport Tyke, 2013 - 2022
    Location:
    Vestea
    Style:
    Barnsley (full width)
    And this is why this season has been so impressive for little old Barnsley. Until there is a level playing field and the EFL grow a set of cahunas and start punishing teams that are in effectively cheating, then we will always be battling against the odds.
     
    Abruzzo Red, May 10, 2021
    #5
    budmustang, Gordon Owen, Redhelen and 1 other person like this.
  6. Micky Finn

    Micky Finn Well-Known Member

    Joined:
    Nov 2, 2005
    Messages:
    16,300
    Likes Received:
    13,085
    Trophy Points:
    113
    Occupation:
    Light bender
    Location:
    It depends who's asking...
    Style:
    Barnsley (full width)
    cahunas??
     
    Micky Finn, May 10, 2021
    #6
    Plankton Pete likes this.
  7. Plankton Pete

    Plankton Pete Well-Known Member

    Joined:
    Jul 19, 2005
    Messages:
    9,297
    Likes Received:
    4,035
    Trophy Points:
    113
    Location:
    In hiding from the lynch mob
    Home Page:
    Style:
    Barnsley (full width)
    Pmsl
     
    Plankton Pete, May 10, 2021
    #7
  8. Abruzzo Red

    Abruzzo Red Well-Known Member

    Joined:
    Jun 24, 2013
    Messages:
    5,332
    Likes Received:
    7,745
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Retired - Formerly Gosport Tyke, 2013 - 2022
    Location:
    Vestea
    Style:
    Barnsley (full width)
    Tess Tickle o_O
     
    Abruzzo Red, May 10, 2021
    #8
  9. Plankton Pete

    Plankton Pete Well-Known Member

    Joined:
    Jul 19, 2005
    Messages:
    9,297
    Likes Received:
    4,035
    Trophy Points:
    113
    Location:
    In hiding from the lynch mob
    Home Page:
    Style:
    Barnsley (full width)
    Think you meant 'cajones'.
     
    Plankton Pete, May 10, 2021
    #9
    budmustang and Brush like this.
  10. Che

    Chef Tyke Well-Known Member

    Joined:
    Jul 17, 2005
    Messages:
    19,551
    Likes Received:
    12,568
    Trophy Points:
    113
    Location:
    West Stand Bogs
    Home Page:
    Style:
    Barnsley
    Our achievements have been utterly outstanding


    Thanks for the analysis btw good read

    so does this mean unless Bournemouth Birmingham Reading make a significant profit next year (or go up) they will breach FFP? Forest and Stoke close….
     
    Chef Tyke, May 10, 2021
    #10
  11. Che

    Chef Tyke Well-Known Member

    Joined:
    Jul 17, 2005
    Messages:
    19,551
    Likes Received:
    12,568
    Trophy Points:
    113
    Location:
    West Stand Bogs
    Home Page:
    Style:
    Barnsley
    Our achievements have been utterly outstanding


    Thanks for the analysis btw good read

    so does this mean unless Bournemouth Birmingham Reading make a significant profit next year (or go up) they will breach FFP? Forest and Stoke close….
     
    Chef Tyke, May 10, 2021
    #11
  12. Abruzzo Red

    Abruzzo Red Well-Known Member

    Joined:
    Jun 24, 2013
    Messages:
    5,332
    Likes Received:
    7,745
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Retired - Formerly Gosport Tyke, 2013 - 2022
    Location:
    Vestea
    Style:
    Barnsley (full width)
    Not according to the Urban Dictionary, you say cojones I say cahunas :D:D
     
    Abruzzo Red, May 10, 2021
    #12
  13. Old Goat

    Old Goat Well-Known Member

    Joined:
    Dec 15, 2017
    Messages:
    8,070
    Likes Received:
    14,927
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Cahuna matata.
     
    Old Goat, May 10, 2021
    #13
    Hooky feller and Abruzzo Red like this.
  14. Deafening Silence

    Deafening Silence Well-Known Member

    Joined:
    Mar 14, 2021
    Messages:
    6,763
    Likes Received:
    8,984
    Trophy Points:
    113
    Gender:
    Male
    Location:
    Barnsley
    Style:
    Barnsley (full width)
    Cahuna tomata... surely.
    Can just see Samuel L Jackson ordering a big Cajones burger.
     
    Deafening Silence, May 10, 2021
    #14
    Abruzzo Red likes this.
  15. Ton

    Tonjytyke Well-Known Member

    Joined:
    Nov 17, 2018
    Messages:
    3,847
    Likes Received:
    5,296
    Trophy Points:
    113
    Gender:
    Male
    Style:
    Barnsley (full width)
    Mmmmmm! That IS a tasty burger!
     
    Tonjytyke, May 10, 2021
    #15
    budmustang likes this.
  16. gra

    grandfathertyke Well-Known Member

    Joined:
    Jun 22, 2008
    Messages:
    579
    Likes Received:
    792
    Trophy Points:
    93
    Occupation:
    Retired teacher, modern languages and classics
    Location:
    Far back in the past.
    Style:
    Barnsley (full width)
    Cojones. Cajones are drawers, as in chest of!
     
    grandfathertyke, May 10, 2021
    #16
    budmustang likes this.
  17. Plankton Pete

    Plankton Pete Well-Known Member

    Joined:
    Jul 19, 2005
    Messages:
    9,297
    Likes Received:
    4,035
    Trophy Points:
    113
    Location:
    In hiding from the lynch mob
    Home Page:
    Style:
    Barnsley (full width)
    My Spanish sucks.

    Also used as a percussive instrument come to think of it.
     
    Plankton Pete, May 10, 2021
    #17
  18. Abruzzo Red

    Abruzzo Red Well-Known Member

    Joined:
    Jun 24, 2013
    Messages:
    5,332
    Likes Received:
    7,745
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Retired - Formerly Gosport Tyke, 2013 - 2022
    Location:
    Vestea
    Style:
    Barnsley (full width)
    So does mine apparently :D:p
     
    Abruzzo Red, May 10, 2021
    #18
  19. Hooky feller

    Hooky feller Well-Known Member

    Joined:
    Jul 11, 2016
    Messages:
    17,641
    Likes Received:
    20,106
    Trophy Points:
    113
    Occupation:
    Retired, full time grandad.
    Location:
    Mapp.
    Style:
    Barnsley (full width)
    That's a load of bo110x
     
    Hooky feller, May 10, 2021
    #19
    Abruzzo Red likes this.
  20. Spuggy

    Spuggy Well-Known Member

    Joined:
    Jun 21, 2017
    Messages:
    1,913
    Likes Received:
    1,361
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Transport/Warehousing
    Location:
    Brierley
    Style:
    Barnsley (full width)
    My worry is that while ever there's a team like us or Huddersfield or Blackpool getting into the play offs and punching above our weight, the EFL will do absolutely nothing and won't see the issue.
     
    Spuggy, May 10, 2021
    #20
Page 1 of 2

Share This Page