The accounts are out! (1 Viewer)

grego_gee · Jun 27, 2012

In a nutshell,
"The loss of £6.7m for the year, compared with 3.1m in 2010 largely reflects a significantly lower profit on disposal of player registrations"

imp:

Sky Blues · Jun 27, 2012

Ouch. Fisher wasn't lying when he said the club was losing £500,000 a month. But I can't understand how we can be losing that much money given the decreasing wage bill. Do the accounts give any indication?

Desperados · Jun 27, 2012

Is there a breakdown of the £6.7m?

Otis · Jun 27, 2012

0.7m players wages, 6m Ken Dulieu's tan spray cans.

Sub · Jun 27, 2012

dont forget his flights here from portugal and staying at coombe abbey hotel :jerkit::jerkit::jerkit:

stupot07 · Jun 27, 2012

I really don't understand how we're still managing to lose so much money,although baring in mind that these figure will april 2010-march 2011 but still the telegraph estimated that wage bill in 2010-11 season was about £8-£8.5m, even with the rent that's £9.2-9.7m. And income must be around £8-9m inc ticket sales, PL money, Sponsorship, tv rights, etc. I know there are other costs but £6m of them?

Brighton Sky Blue · Jun 27, 2012

I've just downloaded them from Companies House and am having a skim through them now.

Brighton Sky Blue · Jun 27, 2012

Quick breakdown: Turnover £4.5 million. Direct operating costs: £1.5 million. Administrative expenses: £12 million (up £9 million from 2010!). Total loss: £9.2 million Losses for 2010 were £110k. What the hell has the extra £9 million come from?!

jwoodall · Jun 27, 2012

Brighton Sky Blue said:
I've just downloaded them from Companies House and am having a skim through them now.

do u have the link to download them

ccfcway · Jun 27, 2012

Brighton Sky Blue said:
Quick breakdown: Turnover £4.5 million. Direct operating costs: £1.5 million. Administrative expenses: £12 million (up £9 million from 2010!). Total loss: £9.2 million Losses for 2010 were £110k. What the hell has the extra £9 million come from?!

The plot thickens

Sub · Jun 27, 2012

Brighton Sky Blue said:
Quick breakdown: Turnover £4.5 million. Direct operating costs: £1.5 million. Administrative expenses: £12 million (up £9 million from 2010!). Total loss: £9.2 million Losses for 2010 were £110k. What the hell has the extra £9 million come from?!

Administrative expenses = setting all these other mickey mouse companies up to make out we are losing money when all they are doing is offsetting losses from other companies against CCFC. IMHO

Brighton Sky Blue · Jun 27, 2012

I should add these are from the accounts for CCFC Holdings.

Brighton Sky Blue · Jun 27, 2012

jwoodall said:
do u have the link to download them

Just search on CH-costs a quid to download.

skyblueman · Jun 27, 2012

Basket case!!!!

Ashdown · Jun 27, 2012

They really are utter devious scum, in truth it appears as we all suspected they are clearing everything out the back door.

Brighton Sky Blue · Jun 27, 2012

The Holding company nearly broke even in 2010 then loses £9 million the next year. Turnover slightly up, operating costs the same, but 'administrative expenses' up £9 million. When I get further through the accounts maybe that's explained...

SkyBlueScottie · Jun 27, 2012

Brighton Sky Blue said:
The Holding company nearly broke even in 2010 then loses £9 million the next year. Turnover slightly up, operating costs the same, but 'administrative expenses' up £9 million. When I get further through the accounts maybe that's explained...

Thats really not on, I would love to hear their spin....

smouch1975 · Jun 27, 2012

Anything further on these 'administrative costs'?

My tip is money out the door to ARVO.
Anybody know what % interest our debts to SISU are?

Directors don't get paid when the don't want tax. But I know Fisher has had enough pocket money to clear out the pie van each smoko

Brighton Sky Blue · Jun 27, 2012

I'd stress again that these numbers were in the accounts for CCFC Holdings. The figures for CCFC Ltd (owned by CCFC Holdings) are explained by OSB in a separate thread. I'm at work so the time I'll get to look isn't much!

The accounts are out! (1 Viewer)

grego_gee

New Member

Sky Blues

Active Member

Desperados

New Member

Otis

Well-Known Member

Sub

Well-Known Member

stupot07

Well-Known Member

Brighton Sky Blue

Well-Known Member

Brighton Sky Blue

Well-Known Member

jwoodall

New Member

ccfcway

Well-Known Member

Sub

Well-Known Member

Brighton Sky Blue

Well-Known Member

Brighton Sky Blue

Well-Known Member

skyblueman

New Member

Ashdown

Well-Known Member

Brighton Sky Blue

Well-Known Member

SkyBlueScottie

Well-Known Member

smouch1975

Well-Known Member

Brighton Sky Blue

Well-Known Member

Users who are viewing this thread

The accounts are out! (1 Viewer)

New Member

Active Member

New Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

New Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

New Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Users who are viewing this thread

Privacy & Transparency

Privacy & Transparency