Swiss Ramble - Twitter (1 Viewer)

fernandopartridge said:

Some of the charts are a bit weird, not sure why the matchday revenue compares incomparable years, e.g. 20/21 vs any other

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indeed and any qualified accountant would challenge that one

Grendel said:

indeed and any qualified accountant would challenge that one

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Good job im only part qualified then

It's hard to find data on league position and wage correlation

Data Analysis: The art of overachieving

The club spent more on wages to get promoted than it did to stay up, quite remarkable really that Robins wage bill relative to income was lower last season than the promotion season.

Turnover will be up this season as will wages but I'm guesstimating wages will be in the 90-100% of turnover by y/e 22. Turnover been 15-16m and wages 15m ish

Wages exceeded turnover in 20/21. Turnover £11.8m to £13.2m wages.

In 2019 /20 it was turnover £ 5.1 to wages £6.5m

Player sales covered the gap. Running at a turnover deficit means player sales essential

You would reasonably expect wages to have grown again this season together increases in turnover and overheads with no £0.5m in government grants.

That all said it isnt what the profit and loss says it is what the cash flow was like that is critical to ccfc and its owners. 2020 year end that positive 1.1m and in 2021 positive £1.4m

Cash flow being what is actually received or spent and not an accounting calculation Of a profit which includes things like interest that hasn't been physically paid out.

Grendel said:

stoke is irrelevant

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SlowerThanPlatt said:

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When the fun stops, Stop?

Lol

Grendel said:

Lol

Football finance expert gives insight to Coventry City accounts

The Sky Blues latest set of accounts for 2020/21 were published this month and look extremely favourable compared to their Championship rivals

www.coventrytelegraph.net

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"look extremely favourable"

Grendel said:

Lol

Football finance expert gives insight to Coventry City accounts

The Sky Blues latest set of accounts for 2020/21 were published this month and look extremely favourable compared to their Championship rivals

www.coventrytelegraph.net

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Wage bill £50m less than Brentford, we’ve got some way to go to follow their “model” then