KM still listed as a Director. Is this because she was for the time the accounts cover? Sorry, I'm confused as to RM's involvement with the club. Can anyone shed any light on this as it stands today?
I'm no tax expert, but I think Brake Bro's are on a bit of cash in hand here.
If Brakes paid the correct amount of tax on the sales of vol-au-vents and milk, we'd be able to pay back tuition fees for the last god knows how long.......
Contingent payments potentially due to the club on past player sales: £8.6m (as of June 2017). Based on a mix of future appearances, international honours and on-field success.
I’d love to see the breakdown of the £16m profit on player sales.
Seconded.
Also interesting to note that the "debt" started at £21.6m on the purchase on 4/1/14 & now stands at £57.7m even though last year we didn't make a loss due to play sales of the £16m stated, with (as the report states) this very unlikely to happen again in the near future. The 2017/18 accounts if not sold by June 30th is going to make very interesting reading.
There is only one figure of interest for me, and that's the £1.6 million (33%) year-on-year reduction in match day revenue. Operating costs (excluding staff costs), on the other hand, barely moved.
Clear evidence that the protests were successful in their aim of hitting Roland in the pocket, and there is no doubt in my mind this is one of the key drivers pushing Roland to sell. Well done everyone!
Also noticed that we got a payment from UEFA for having Gudmonsson at the Euro's. Doesn't say how much but comparing the figures to the previous season I'd estimate around £250k.
There is only one figure of interest for me, and that's the £1.6 million (33%) year-on-year reduction in match day revenue. Operating costs (excluding staff costs), on the other hand, barely moved.
Clear evidence that the protests were successful in their aim of hitting Roland in the pocket, and there is no doubt in my mind this is one of the key drivers pushing Roland to sell. Well done everyone!
A little surprising though that Commercial income held up at £1.2m albeit down £29k, considering the number of sponsors believed to have withdrawn their support.
There is only one figure of interest for me, and that's the £1.6 million (33%) year-on-year reduction in match day revenue. Operating costs (excluding staff costs), on the other hand, barely moved.
Clear evidence that the protests were successful in their aim of hitting Roland in the pocket, and there is no doubt in my mind this is one of the key drivers pushing Roland to sell. Well done everyone!
A little surprising though that Commercial income held up at £1.2m albeit down £29k, considering the number of sponsors believed to have withdrawn their support.
Perhaps - but won't this include the change in sponsor from UoG in 2015/16 (who I believe weren't paying anything), to a commercial sponsor in 2016/17? If so, the fact that there wasn't a sizeable increase in this revenue stream tells its own story. Bear in mind as well that this figure will include a number of non-fan related revenue streams such as corporate venue hire, pitch hire, etc. which will have been less protest-sensitive.
Comments
This link should go direct to the PDF I hope!
Very concerning
KM still listed as a Director. Is this because she was for the time the accounts cover?
Sorry, I'm confused as to RM's involvement with the club. Can anyone shed any light on this as it stands today?
Yet CARD protest.
Shows that Meire, Duchatelet and Robinson have proved the fans wrong.
If Brakes paid the correct amount of tax on the sales of vol-au-vents and milk, we'd be able to pay back tuition fees for the last god knows how long.......
Also interesting to note that the "debt" started at £21.6m on the purchase on 4/1/14 & now stands at £57.7m even though last year we didn't make a loss due to play sales of the £16m stated, with (as the report states) this very unlikely to happen again in the near future. The 2017/18 accounts if not sold by June 30th is going to make very interesting reading.
It's really as much an indictment of how shit BVB are playing as anything to be honest.
By the way, let's give credit where it's due because it's really down to the players that we made a profit.
Lee Novak and Andrew Crofts, thank you for leaving.
Clear evidence that the protests were successful in their aim of hitting Roland in the pocket, and there is no doubt in my mind this is one of the key drivers pushing Roland to sell. Well done everyone!
I wonder who the freeholder (s) is and what the implications might be regarding a sale?
So much for the Lookman money going on the Training Ground project