Our transfer income plus other bonuses

Discussion in 'Bulletin Board' started by Jack Tatty, Aug 10, 2023.

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  1. Arc

    Archerfield Well-Known Member

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    Couple of points.

    Annual losses in this league before transfer dealings are between £4m to £5m. That’s the level of transfer profit the club needs to make just to break even.

    The timing of the payments does not affect profitability as the outstanding payment would be shown as a debtor.

    In terms of cash flow the club could borrow against the debtors if there was a serious cash flow issue.

    Unless the club can bring the wage bill down to less than £5m then there will always be a need for net sales or owner cash to keep the club afloat.
     
    Archerfield, Aug 10, 2023
    #21
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  2. Oakweller

    Oakweller Well-Known Member

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    Never said you did ;)

    I've seen some people suggest we have plenty of money assuming all the sales are upfront, the comment was more aimed at readers who are thinking that.
     
    Oakweller, Aug 10, 2023
    #22
  3. Gordon Owen

    Gordon Owen Well-Known Member

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    They shouldn't be though should they? It's a small club in the third tier of English football, why are they hemorrhaging money? Sponsorship deals ****? Why so much to plug each year to break even? 9000 season tickets sold in League 1, probably only a handful of clubs sold more than that and it's well known we don't pay great wages.
     
    Gordon Owen, Aug 10, 2023
    #23
  4. Arc

    Archerfield Well-Known Member

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    Season ticket and matchday revenue is less than £3m. Merchandise, sponsorship and catering another £2m. With only around £2m from the league distribution as opposed to the £8.6m in the championship that gives total turnover of around £8m when all other revenue streams are added in.

    Salary roll was £13m last year. Even cutting that by 30% would mean a loss after salary before all the other associated costs of running a football club.
     
    Archerfield, Aug 10, 2023
    #24
  5. dearnevalleyviper

    dearnevalleyviper Well-Known Member

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    BARNSLEY have rejected a £2.5 million bid for captain Liam Kitching from Coventry City this week, the Chronicle understands.
     
    dearnevalleyviper, Aug 10, 2023
    #25
  6. Mr C

    Mr C Well-Known Member

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    Tell em to double it & I’ll think abart it.. :)
     
    Mr C, Aug 10, 2023
    #26
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  7. Men

    Menai Tyke Well-Known Member

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    Why though we should just agree to pay players wages we can afford.
     
    Menai Tyke, Aug 10, 2023
    #27
  8. Nardiello

    Nardiello Well-Known Member

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    We got quite a few off the wage bill this summer too though - Norwood, Andersen, Collins, Thomas, Oduor, Oulare (paying him off probs), Moon. Plus the loanees.
     
    Nardiello, Aug 10, 2023
    #28
  9. Gordon Owen

    Gordon Owen Well-Known Member

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    Then the board need to increase matchday, sponsorship and catering revenue and stop bairning on about how much they used to get in the Championship, we're not in it anymore.
     
    Gordon Owen, Aug 11, 2023
    #29
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