Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
What % were they when we had Allan, James, Digne, Bernard and Gylfi on £100k p/w+? Obviously we’ve signed a few players since then but none on that sort of money, I assumed it would’ve come down further than 95%!The wages where 95% of turn over
What % were they when we had Allan, James, Digne, Bernard and Gylfi on £100k p/w+? Obviously we’ve signed a few players since then but none on that sort of money, I assumed it would’ve come down further than 95%!
Thats where we have been going wrong …….
Can you do my tax returns?We are all wondering if FFP is going to impact us this summer so i done some simple investigation.
Income:
Premier League Money: £84m
PL prize money £8.8m
TV money £110.39m
Player Trading £69m
Sponsorship (Last available figure) £50m
Match day income (.59*19) 11.2m
In and around £333.4 coming in
Players wages £43.12m
Operating expenses £205m
Expenditure (excluding payoff of staff and players) 248.12
So should be in and around £85m profit.
Obviously these figures are based on the last available data and not all income and expenditure is accounted for but I can see not conceiveable why we can make a loss this season considering the new stadium is a seperate entity.
What % were they when we had Allan, James, Digne, Bernard and Gylfi on £100k p/w+? Obviously we’ve signed a few players since then but none on that sort of money, I assumed it would’ve come down further than 95%!
More or less. It's part of why the squad value is declining.The problem with spending and ultimately Profit and sustainability rules is reoccurring losses, if we take the last set of accounts, we lost 50 mill and sold Richarlison - if we hadn't of sold him we would have lost 100+, for nearly the fourth consecutive season.
That then resets, in the next financial year and we continue to loose money and keep making losses. If we posted a similar performance this season as last after selling Kean and Gordon - we loose about £30 mill.
We're selling players to meet our losses.
According to the club statement of finances, it was 95% in 20/21 but down to 90% for 21/22.What % were they when we had Allan, James, Digne, Bernard and Gylfi on £100k p/w+? Obviously we’ve signed a few players since then but none on that sort of money, I assumed it would’ve come down further than 95%!
It does, but Moshiri soliciting outside investment from American firms suggests that the days of tolerating max losses are probably over. That's what has changed. We also have the problem of getting wages under 70% of turnover a few seasons from now, and keeping them there.Regardless of the OP's figures, I seem to remember it being said last summer that FFP pressures will ease this summer. That seemed a widespread view at the time. Now everywhere I look there seems to be no one willing to stick to that former assessment.
I know next to f.a. about finances but we sold Kean, Gordon and Richarlison and reduced the wages. I think only the Richarlison sale made it into the latest P+L figures, but doesn't the three year cycle we're dealing with now bring us back into a situation where at least some spending over and above sell-to-buy can occur again?