Think so, I’m sure we’re bonus heavy to encourage performance. They restructured the bonus scheme a few years backPromotion bonuses over £700k? Is that normal?
It looks horrendous
Yes it does make me laugh when people think we’re in a position to hold out for £10m for players, as if they’re worth that anyway.
It looks horrendous
Equally I don’t think anyone is surprised by the numbers nor do I think many clubs in our league will have vastly different general pictures
Covid only effected the last couple months of that season.Equally I don’t think anyone is surprised by the numbers nor do I think many clubs in our league will have vastly different general pictures
Also, wages increased by 1M from Ricoh to St Andrews?!
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That’s no surprise gross wages I guessed at £7m
Without player sales we’d have lost far more than many clubs I’d guess - COVID had little impact remember
But that works out as deliberate investment in the playing squad by the owners surely?
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Yes, but we made those sales as it’s part of the recruitment strategy. There are even bigger basket cases in this division which collectively is probably the least financially stable in Europe
Covid only effected the last couple months of that season.
Even excluding COVID most Championship clubs are in a dire financial state
League 1?
Funded by selling players
How many L1 clubs have pulled ground selling scams to get around FFP?
Wilson being sold to Newcastle came just at the right time by the looks of it.
And promotion, could you imagine the figures if we were playing in league one last seasonWilson being sold to Newcastle came just at the right time by the looks of it.
This isn’t championship accounts
FFP isn’t in league 1
The club has no further significant stake, think it may be a small %development feeJust need Madison to be on the move this summer.
Yes, but we made those sales as it’s part of the recruitment strategy. There are even bigger basket cases in this division which collectively is probably the least financially stable in Europe
Wilson being sold to Newcastle came just at the right time by the looks of it.
Absolutely. It's a risky strategy though.
Next years accounts will be an interesting one. We didn't have a big sale in the year just gone (just the Wilson sell on?) + the Covid effect, no crowds etc. + further increased wage bill.
Will the uplift in TV money cover all that?
That'll be in next year's won't it?
Absolutely. It's a risky strategy though.
Next years accounts will be an interesting one. We didn't have a big sale in the year just gone (just the Wilson sell on?) + the Covid effect, no crowds etc. + further increased wage bill.
Will the uplift in TV money cover all that?
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