oldskyblue58
CCFC Finance Director
Lot of talk recently about the Football League. So I took a look at the last published results. Can be found here
https://beta.companieshouse.gov.uk/company/00080612/filing-history
Last set of accounts to 30/06/2015 filed last November. Click the link on the above page and it will take you to the accounts. Interesting page is the last one "Five Year Review"
made operating losses in 4 of the last 5 years
only way they make a net profit is from money held on deposit - which I assume is sponsorship income to be distributed to the clubs as prize fund solidarity etc payments
Overall the balance sheet has been negative in each of the last 5 years. In 2015 it was a £972k **deficit.
The notes also address how the League has addressed any going concern issues
Would seem they need to work on their finances.
The annual return lists Otium Entertainment Group as the shareholder - just a thought but shouldn't we really have a name that relates to CCFC not OEG Ltd?
** edit one too many digits in the deficit sorry
https://beta.companieshouse.gov.uk/company/00080612/filing-history
Last set of accounts to 30/06/2015 filed last November. Click the link on the above page and it will take you to the accounts. Interesting page is the last one "Five Year Review"
made operating losses in 4 of the last 5 years
only way they make a net profit is from money held on deposit - which I assume is sponsorship income to be distributed to the clubs as prize fund solidarity etc payments
Overall the balance sheet has been negative in each of the last 5 years. In 2015 it was a £972k **deficit.
The notes also address how the League has addressed any going concern issues
Would seem they need to work on their finances.
The annual return lists Otium Entertainment Group as the shareholder - just a thought but shouldn't we really have a name that relates to CCFC not OEG Ltd?
** edit one too many digits in the deficit sorry
Last edited: