Must have been some big payouts to sack Robins and his coaching team. Says operating loss increased by £3.5m and that is mainly due to 'a restructure within the Football Department carried out in November 2024'
That’s spectacularYou really cannot give King enough credit for the transformation of the club commercially. Yes, there is still a loss there but it is quite small compared with other clubs of a similar size, and realistically necessary to compete.
The revenue growth from when he took over is something in the region of 70%, for a club playing in the same league as it was that is tremendous.
Yes, he'd always put it in terms that us thick fuckers would understand.I wish OSB58 was here to explain tho
Big loss isn’t it
Amazing the increase in income
Does seem to suggest that a decent chunk of that is sorting the club out after years of zero investment.Big loss isn’t it
Amazing the increase in income
There’s some very interesting takes on Facebook, didn’t realise we had so many qualified accountantsI wish OSB58 was here to explain tho
I wonder if having all the revenue will make a bigger difference now? Maybe a few gigs and using the conference centre, most days seems to be something on there, must bump up the figures. Probably won’t show until this season figures are releasedDoes seem to suggest that a decent chunk of that is sorting the club out after years of zero investment.
Hopefully we'll have PL money next season but it sounds like even if we don't there's a feeling that level of losses can't and won't continue.
Madness how we are so competitive with a wage bill significantly lower.Wage bill for last season was £26.4m, of the clubs that have published accounts so far, it is lower than:
Cardiff £39m
Boro £36m
QPR £27.5m
Derby £31.5m
Bristol City £35.9m
Norwich £48.1m
Hull £29.6m
Rudoni would be in that accounting period I think, signed June 2024. Also included would be BTA, Bassette and Dovin so the figure sounds about right.Current squad to 31/5/25 have spent £55.5m on transfer fees. This does include agent fees etc but that’s significant investment.
Additions is interesting at £18.9m. Aside from Grimes and Binks I can’t recall us spending money on anyone else during that period.
The loss of £9.3m is the operating loss but does not include fees spent on transfers. As said, £18.9m spent on fees although we made a profit of £3.1m on sale of players.
So in real terms the loss is £9.3m plus £15.8m = £25.1m although from a cash flow perspective fees will be payable in instalments. The balance sheet shows we owe £9.5m in unpaid transfer fees but are owed £8.7m from other clubs.
DK, through the other companies has now invested £49.75m, likely even more now given the share issue to another one of his companies this year.,
The two businesses are separate for now to see what is happeningI wonder if having all the revenue will make a bigger difference now? Maybe a few gigs and using the conference centre, most days seems to be something on there, must bump up the figures. Probably won’t show until this season figures are released
Wow Lampard working miracles thenWage bill for last season was £26.4m, of the clubs that have published accounts so far, it is lower than:
Cardiff £39m
Boro £36m
QPR £27.5m
Derby £31.5m
Bristol City £35.9m
Norwich £48.1m
Hull £29.6m
Madness how we are so competitive with a wage bill significantly lower.
How the fuck was Derbys £31.5M with the squad they had last season???
Have had a quick glance, will give a detailed response over the weekend. There’s not much in these set of accounts in all honesty, pretty bland set of football club accounts. Revenue up, wages up, reduced player sales, increased amortisation (due to increased player purchases) = bigger loss this year. Loss funded by an increased loan from the parent co (which is interest free).Looking forward to Crawleyskyblue's analaysis
I expect very, the club will be at its maximum value this summer assuming promotion followed by immediate relegation.Kings £50m is before the stadium purchase isn’t it. He must have more money than we thought.
Wonder how tempted he’ll be to cash out if we get promoted.
Yes, of course! I don’t know why I thought we had such a quiet summer that year.Rudoni would be in that accounting period I think, signed June 2024. Also included would be BTA, Bassette and Dovin so the figure sounds about right.
I expect very, the club will be at its maximum value this summer assuming promotion followed by immediate relegation.
Think he has investorsKings £50m is before the stadium purchase isn’t it. He must have more money than we thought.
Wonder how tempted he’ll be to cash out if we get promoted.
Most of that £50m spent on the arena will be mortgaged.Kings £50m is before the stadium purchase isn’t it. He must have more money than we thought.
Wonder how tempted he’ll be to cash out if we get promoted.
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