2022/23 Accounts

Thank you sir.

 

That's quite shocking.

 

At face value it is shocking but what that doesn't show is the different business models that may underlie headline revenue.

Take for example catering, I may choose to outsource catering and take a fee of £500k for allowing a third party to run the concession stand.

The alternative would be to run this in house. Say I run catering in house and work on a 30% profit margin, I'd need to turnover £1.66m to have the same nett profit effect as simply charging a £500k concession fee.

The net result is a profit of £500k, one has revenue of £500k the other £1.66mm. To compare club's commercial activity its not a revenue figure but a profit contribution that is more important.

 

How are player transactions factored into the accounts?

If we sell a player for 5 million, but receive the money in 1 million installments over 5 years, are the amounts factored in upfront, or as they are received? That goes for purchases too.

EDIT: Forget this Archerfield; I should have carried on reading the thread.

 

https://countingup.com/resources/what-is-classed-as-a-small-business/

It's official...Barnsley FC with a turnover of £9.5m is classed as a small business. Perhaps that puts their position in the football pyramid in some kind of context. Disparity in wealth makes it so much more difficult for the club in the modern era.

 

The £223k (plus £11k pension contributions) is, in itself, staggering for lots of reasons but isn't part of the increase due to the fact that he wasn't in post for the whole of the previous financial year? If I recall correctly he commenced around September time in 2021 so there'd only be 9 months or so of his 2021/22 salary in the previous accounts.

 

It's a staggering big salary for someone running a small business! The leader of the council won't even be on that much. Plus he turned out to be pretty useless...

 

Good point, and very possibly a factor in the difference, as you've identified.

 

The same is done with the club shop. The club managed to increase matchday revenue by £500k so they've improved something, theres loads of potential there that they don't tap into.