10 Jun 2013 19:02:06
So MM says we're losing £5M a season! I must admit i'm a little bemused. I mean we've just averaged 24,000 a game at 23 games a season. Take into consideration season ticket prices against match day ticket price, leaves a moderate average of about £20 per match per ticket! = (24,000 x 23 x 20) Leaves us taking in £11M income in ticket sales alone, this figure doesn't even take into account TV money, merchandise, sponsorship etc. So I believe the figure to be nearer £15M income. Now considering we've only got a few players earning over 5k a week I wonder where the rest of the money is going? let's even suppose the average wage of each player was say 5k a week (I believe this is way above what it actually is) then even with 30 pro's on that leaves a wage bill of (£5,000 x 52 weeks x 30 players) = £7. 8M! So if MM says we're losing £5M a season then we must be spending £20M a season from a turnover of £15M so take away player wages (max £7. 8M calculated above) I ask the question, Where is the other £12. 2M going? Any ideas folks?
I was thinking the same I suppose there's about 3m in staffs wages, office resources etc but then I realised one of the main drains has to be the acadamy with the all upgrading coaches and scouts coming in
Hmm and if you listen to previous mm interview he wants to fullfill his mission of a successful club. And will only sell to someone who can take the club further. And with people sniffing around who want to buy the club and use it as a debt payment. Saying loosing 5 mill a year puts em off.
11 Jun 2013 06:02:50
We paid off £41m of inherited debt and finished £11m up on the year. For the first time in decades we are in a good position and still the same old scaremongering goes on!
Look at accounts you will see. Running Hillsbrough is not cheap it is an old stadium and costs are high. You can easily say £5 million in rates, ground maintenance, insurance, electricity, police costs etc. Its several thousands pounds per hour when we turn on undersioil heating.
Staff wages will be £2 million.
Just look what we paid on agents fees in previous year. I think highest wage is near double your £5,000 per week.
There is travel to games and accomodation for all players and staff. Running cost of training ground I believe is around £1 million per year.
Whos on over 10k a week?
I agree with the most of the posts above, especially the first one, good arithmatic mate, which concludes the followings:
1)Much higher attendance number.
2) Much cheaper players than before
3)More TV income
4)Marchandise is reported on the increase
5) Sponsorship etc etc
All these healthy figures should make us balance the book a lot better. Hence the question remains;
WHY ARE WE IN £50 MILLION DEBT? {Ed001's Note - you aren't, the debt in the latest accounts produced, which were for the 2011/12 season, showed a debt of £7.614m. That is over £42m less than your absurd claim.}
Im assuming the dingbat meant £5m and not £50m.
Get yourself on Countdown mate, I could do with a good laugh.
Sorry Ed, I meant £5 million, just a typing error. apologies!
I am not a dingbat just a caring Wednesday fan if the one who wrote it can notice. Sorry again Ed for my typing mistake
15 million in income would mean 2.5 million paid in vat straight away. that's a big lump accounted for already that u have missed. Anyone who has run a business will know just how many hidden costs there are and how profits can be wiped out. We will have far more costs than just player wages.