oldskyblue58
CCFC Finance Director
I have a problem with repeated assertions that 60p in every £ generated being given to Pressley. The maths and regulations show a different story
Player sales - well the headline figure might say £3.5m for Wilson but then you need to deduct agents fees etc. If the payments are staged well you only get to use what is received in the year. Ok you will get the credit eventually but not necessarily when we think
Ticket income - fairly straight forward isn't it. So is the fact that this will be the biggest difference in income between the Ricoh and Sixfields. Yet we persist at Sixfields and seem not to want to actually pick the damn phone up
F&B - the old chestnut. What the SMCP rules say is that the calculation in respect F&B is on the income after deducting VAT but also after deducting direct costs. Those costs you would assume would be the purchases for resale plus some utilities and direct wages. So say we receive £100k net of VAT TF is saying 60k would be available as a budget limit to SP. Its not the case because the direct costs could easily be 50% of that so the effect on the budget limit is 30k or 30p in the £. You would also have to assume that other sources with direct costs (car park, pitch side advertising, corporate hospitality) would have some direct costs to deduct too so SP isn't going to get 60p in the £
Now in years where we can sell a "Wilson" the effect of the other incomes is less critical but years when we don't .............
Will the F&B at the Ricoh make that much difference though? 30p or less in every £. Isnt it the ticket sales that make the real difference and give us any sort of budget at all?
Player sales - well the headline figure might say £3.5m for Wilson but then you need to deduct agents fees etc. If the payments are staged well you only get to use what is received in the year. Ok you will get the credit eventually but not necessarily when we think
Ticket income - fairly straight forward isn't it. So is the fact that this will be the biggest difference in income between the Ricoh and Sixfields. Yet we persist at Sixfields and seem not to want to actually pick the damn phone up
F&B - the old chestnut. What the SMCP rules say is that the calculation in respect F&B is on the income after deducting VAT but also after deducting direct costs. Those costs you would assume would be the purchases for resale plus some utilities and direct wages. So say we receive £100k net of VAT TF is saying 60k would be available as a budget limit to SP. Its not the case because the direct costs could easily be 50% of that so the effect on the budget limit is 30k or 30p in the £. You would also have to assume that other sources with direct costs (car park, pitch side advertising, corporate hospitality) would have some direct costs to deduct too so SP isn't going to get 60p in the £
Now in years where we can sell a "Wilson" the effect of the other incomes is less critical but years when we don't .............
Will the F&B at the Ricoh make that much difference though? 30p or less in every £. Isnt it the ticket sales that make the real difference and give us any sort of budget at all?
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