Shepherd sez....

<h3 id="headline" class="headline">BARNSLEY FOOTBALL CLUB STATEMENT </h3><span lang="EN-GB"><span><p align="center"><table width="140" cellspacing="0" border="0" align="center" class="caption"><tbody><tr><td style="text-align: center;" class="captionImage"></td></tr><tr><td class="captionText"><div class="innerCaptionText">Mr Gordon Shepherd</div></td></tr></tbody></table></p></span>

<span>BARNSLEY Chairman Mr Gordon Shepherd has released the following statement.</span></p></span><span lang="EN-GB">BARNSLEY Chairman Mr Gordon Shepherd has released the following statement.

Now that the Club has approved and received its audited accounts for the year ending 31 May 2006, I thought that our fans might be interested in learning more of our financial progress and current situation.

To briefly recap, you will recall that the losses for the year ending 31 May 2004 were some £3,650,000 which reduced in the year ending 31 May 2005 to £1,240,000.

This financial year has shown a massive improvement and I am pleased to report that our nett losses have been reduced to £186,000. I am also delighted to say that this year the Club has actually made a small operating profit of £128,000.

Perhaps outlining the headline figures about our revenues and losses might be helpful.</span><span lang="EN-GB"><span lang="EN-GB"><p align="center"><table cellspacing="0" cellpadding="0" border="1" style="border: medium none ; border-collapse: collapse;" class="MsoTableGrid"><tbody><tr style=""><td valign="top" style="border: 1pt solid windowtext; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">Year End
31 May<o /></span></p></td><td valign="top" style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: 1pt 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">Income<o /></span> </p></td><td valign="top" style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: 1pt 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">Operating </span><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">Loss<o /></span></p></td><td valign="top" style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: 1pt 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">Operating Profit<o /></span></p></td><td valign="top" style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: 1pt 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">Nett Loss</span></p></td></tr><tr style=""><td valign="top" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 1pt 1pt; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">2004<o /></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£3,893,000<span style=""> </span></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£2,700,000</span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';"><o> -</o></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£3,680,000</span></p></td></tr><tr style=""><td valign="top" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 1pt 1pt; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">2005<o /></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£4,159,000</span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£1,009,000<span style=""> </span><span style=""> </span><o /></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';"><o> -</o></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£1,240,000</span></p></td></tr><tr style=""><td valign="top" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 1pt 1pt; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">2006<o /></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£4,558,000</span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';"><o>-</o></span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£128,000</span></p></td><td valign="top" style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 1pt 1pt medium; padding: 0cm 5.4pt; background-color: transparent;"><p style="margin: 0cm 0cm 0pt;" class="MsoNormal"><span lang="EN-GB" style="font-size: 10pt; font-family: 'Arial Narrow';">£186,000</span></p></td></tr></tbody></table></p></span></span><span lang="EN-GB">From the above you will note that progress is being made towards a position of financial stability although we are now contractually in the time frame where rent for the ground has become due.

Some fans have approached me and asked about the monies which we received from the play offs and the transfer of Scott Flinders and I have been only too happy to explain.

First of all the play offs were not nearly as profitable as most of us would have expected. Unfortunately the semi final revenues from all four participating teams are pooled and, after expenses are deducted, the first 50 per cent goes to the Football League and the remaining 50 per cent is split equally between the four clubs irrespective of their specific gates sizes. As you will no doubt appreciate our games against Huddersfield produced the majority of the revenue but the rules state that all four semi finalists must be paid equal shares which unfortunately disadvantaged us.

The Final, though profitable, was again subject to large costs both for the Stadium andFootball League. Added to those costs were the incentives which we paid to the squad and the management team which unfortunately meant that there was much less available for the Club than people might imagine. These are not complaints or indeed excuses, they are simply the facts for you to accept or reject as you see fit.

The transfer of Scott Flinders to Crystal Palace is detailed as follows.The deal with Crystal Palace was that they would pay a guaranteed amount of £350,000 with £150,000 of that sum being paid in July 2006 followed by £200,000 to be paid in July 2007.In addition there is an agreed structure of payment for games played and other incentives which should realise up to another £600,000 and we also have a substantial sell on clause.

I am also aware that some fans believe that this season we will receive considerable sums for TV appearances but unfortunately nothing could be further from the truth.The cash awarded for TV appearances is £10,000 for an away match and £60,000 for a home game.At the present time this equates to £80,000 for this season unless more of our games are televised.The suggestion that we will earn in excess of £600,000 this year from Sky TV is complete and utter nonsense and how some fans can come up with such these massively inflated figures absolutely amazes me.Unfortunately such rumours are often believed.

You will perceive therefore that cash control and financial self sufficiency remain essential elements of our medium and long term strategies and tight financial controls must remain in place.

May I stress again that our twin objectives for this season remain tight financial control together with retaining our place in the Championship. We continue to try to identify suitable players who will strengthen our squad and that search will continue.

Mr Gordon Shepherd
November 16, 2006<span lang="EN-GB"></span></span>

 

where did he get that

jacket from???

Dear Lord that's bad.

 

and that tie doesn't go with that shirt, Shepherd out

to the shops immediately.

 

And a windsor knot please Gordon.

 

I think you'll find...........

he's setting an example to the club by cutting his coat according to his cloth!

 

1986

 

Well done Mr Shepherd

Looks like Mr Shepherds astute business sense is paying off.</p>

When was the last time we made a profit?</p>

 Well done Gordon, certainly going in the right direction financially.(y)</p>

 

aye but could easily got very wrong if we go down

 

Gord Should Be........

praised for being so forward with where the money as gone. No profit to be made by going back down all the same.

 

Could have been more though.

I think we should have got more for scott flinders.

 

Regardless of owt else ... that is very impressive from a financial point of view. (nt)

 

Wonder what Leeds Tyke's opinion of the figures are?

 

RE: Wonder what Leeds Tyke's opinion of the figures are?

At a guess... Non of this is down to Shepherd, all due to Peter Ridsdales great plan.</p>

 

So ...

How much did we make from the play offs then?
Gord tried to tell us, but just waffled on about what we didn't make.

And the initial £150k for Flinders will be in the accounts ending May 2007 - of which I think we spent £125k on McIndoe.

So ... our increase in custom this season might make up for not getting in the play offs, with some spare I would have thought.

If our income goes up 10-15% to over £5m ... and our expenditure stays roughly the same (better contracts for Kay etc, but the loss of McPhail) - then we should have roughly £600k in the kitty.

But we have to pay rent.
And the £300k per year it seems we owe (which turned our £120k operating profit into a £180k nett loss).

And we must owe Cryne & Gord about 20 zillion dollars.

Basically - we're as skint as a skint thing, from skintville, in a box with "skint" written on it.

I think Ritchie & Gord are trying to conduct Mission Impossible using a plastic spoon, a paperclip & a piece of soggy toast.

(c) TFP's amateur hour career employee accounts ltd.

 

LOL twice! nt

 

Admit it.

You just enjoyed browsing through my numbers.

I like the "headline figures".
They make things seem really easy.

£186k nett loss - sack a player on £4k per week.
Easy.
Or Nicky Wroe twice.

 

Not right direction to stay in Championship though!

 

RE: Admit it.

<font face="arial,helvetica,sans-serif">I wish I'D seen a zillion dollars-never mind 20-some people have all the luck!</font></p>

 

RE: Admit it.

It's like a million, but with a "z" instead of the "m".

So - we're about £4.7m in debt.
And whatever we had to pay to get started again.
Just for the comedy value - let's just say £7m in total.
And again - let's just assume that Cryne & Gord split it 50/50 ... just for a laugh - £3.5m each.

It's obviously a zillion times more complicated than that ... but I think Gord has chucked a great big chunk of cash at the club.

He'll have to sell some cookers to make that back.

 

never heard that hes chucked owt into the club apart from himself

has he?

no reddies?