Surprised there was so little comment on the CAFC losses announced in the Millwall programme.
Operating loss down to 5.1m in 13/14 from 5.5m in 12/13
Turnover up to 12.7 from 11.9
The cup run generated 0.9m
Player trading brought in 1.7m same as previous year inc Yann, Dale, Smith and Jon Jo.
We're, as previously said, compliant with FFP
Average Champioship loss in 12/13 was 13.2m
Which means the average team in the new FFP rules is 'sustainable' right? Be interesting to see how many of these clubs building up these sustainable losses go bust in the next 5 years. I won't be rushing forwards with my sympathy to their fans.
That said, with us making £6.8M of pre player sale losses we are a basket case ourselves, just a little less so than others.
With clubs like Watford (and ourselves) I guess a lot depends on how inter group loans and transfers are treated. It may be advantageous to maximise losses in one country rather than another
Comments
Operating loss down to 5.1m in 13/14 from 5.5m in 12/13
Turnover up to 12.7 from 11.9
The cup run generated 0.9m
Player trading brought in 1.7m same as previous year inc Yann, Dale, Smith and Jon Jo.
We're, as previously said, compliant with FFP
Average Champioship loss in 12/13 was 13.2m
That said, with us making £6.8M of pre player sale losses we are a basket case ourselves, just a little less so than others.