SkyBlue_Bear83
Well-Known Member
And Wilson and Bigirimana in the last 5 years, assuming a low estimate where clauses are never met etc. of 6 million for the 3 that's double what its cost to run in that time.
The investment in the Academy is a no brainer for the club. £600k per year to get a top ten performing academy in the country is so worth the money.
Madders cost us nothing and after 30 odd 1st team appearances we sell for 2-3 mill rising to 7mill. Great return for the owners.
Obvious that they'll sell the next one too, and the next one .................. let's hope we do just have a lucky season and go up as the current owners will not look long term.
To be honest unless we get taken over by a zillionaire then selling our best talent will be par for the course. It has been for the last 30 odd years.
Sorry but can you explain please?
Have I misunderstood?
Of course this highlights a problem with football in general not just CCFC. The authorities really need to get a grip with the finances and make sure all clubs are self sustaining.
[h=2]CCFC Accounts, £1.9M Loss[/h]
Arsenal games was the year before, this only included 2 or 3 sixfields fixturesWould these accounts include the windfall from the Arsenal cup game or was that the previous years? Also how many games from Northampton does this include? Also wouldn't our parting gift of a new pitch for Northampton also have come out of this? If the Arsenal money was in the previous years accounts and a good number of games ticket revenue was from Sixfields and without the cost of relaying the Sixfields pitch this could bode well for the next year of accounts.
Arsenal games was the year before, this only included 2 or 3 sixfields fixtures
I'm not sure when the clubs financial year start's and end's.
This lot cover June 1 2014 to May 31 2015
This lot cover June 1 2014 to May 31 2015
It was only £10 though wasn't it for Gillingham match?In which case You could argue the 2-3 games at Sixfields is counter balanced by the Gillingham and Yeovil games.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
The 61 million is there for a reason it's to discourage people who might be interested in the club from bidding just a thought
They're just shares, no one actually thinks they will get £61M for them! I've have though they might get about 3% of the nominal value or £1.8M.
Sorry but can you explain please?
Have I misunderstood?
There goes the Maddison money.
I'm not sure when the clubs financial year start's and end's. If it's in the summer between seasons then you are of course right. If it's April to April though for instance then a number of games from the previous season would be included wouldn't they?
http://m.bbc.co.uk/sport/football/33734194
I think I'm right. Neil MacFarlane's departure was announced at the end of July 2015 so why would his payoff be in the accounts for year ending May 2015? Doesn't make sense to me. Maybe he was afraid to tell his wife he'd lost his job and the club agreed to play along for a bit
Only a few weeks before, I remember him at a few pre season friendlies.Unless he worked his notice or something.
He seemed to disappear before it was officially announced didn't he I think?
Only a few weeks before, I remember him at a few pre season friendlies.
Some other bloke going on about the loss even with Maddison being sold. Quite funny. Some of them make Italia look sane!
They're just shares, no one actually thinks they will get £61M for them! I've have though they might get about 3% of the nominal value or £1.8M.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?