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Post by allan 1958 (OAF-WROY)(SSLFF) on Feb 16, 2022 23:09:51 GMT 1
Read an artice from the Bristol City owner stating he fears they are in breach of FFP and believes another seven championship clubs are in trouble of falling foul. Hopefully the way our transfer outs, these last three years, were structured in a way that allows us to stay on the right line if the FFP rules. I hope so it will be some of our playoff competition |
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Post by Orinoco on Feb 16, 2022 23:12:57 GMT 1
Read an artice from the Bristol City owner stating he fears they are in breach of FFP and believes another seven championship clubs are in trouble of falling foul. Hopefully the way our transfer outs, these last three years, were structured in a way that allows us to stay on the right line if the FFP rules. I hope so it will be some of our playoff competition No way we can be in breach of FFP surely. |
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crux
Jimmy Glazzard Terrier
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Post by crux on Feb 16, 2022 23:18:12 GMT 1
I hope so it will be some of our playoff competition No way we can be in breach of FFP surely. Not a chance we've made losses of £39M+ in the last 3 years. Although, I think the rules have been tweaked because of Covid. |
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Post by HuddsTerrier on Feb 17, 2022 7:28:21 GMT 1
Given we still get a parachute payment this season I can’t see how we’d breach FFF. No way would Hoyle service his debt if it meant the club would get relegated- which would impact his selling price
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Sparrow
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Post by Sparrow on Feb 17, 2022 12:06:03 GMT 1
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crux
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Post by crux on Feb 17, 2022 12:50:58 GMT 1
That wage bill is f*cking stupid, to say the least. For last season it's about twice the size of ours and we still had a couple of wage stealers to pay. Even the most optimistic owners shouldn't be operating with a wage bill over 75/80% of turnover, theirs must be over 100%. I realise income will have dropped off a cliff because of Covid, but even over normal times they can't have covered a £35M wage bill. |
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Post by Mastercracker on Feb 17, 2022 20:00:16 GMT 1
That wage bill is f*cking stupid, to say the least. For last season it's about twice the size of ours and we still had a couple of wage stealers to pay. Even the most optimistic owners shouldn't be operating with a wage bill over 75/80% of turnover, theirs must be over 100%. I realise income will have dropped off a cliff because of Covid, but even over normal times they can't have covered a £35M wage bill. Most champs clubs is waaay over 100%. Some are knocking on 200%. Crazy especially when you think how bang average Bristol City are. |
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goodbet
Jimmy Glazzard Terrier
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Post by goodbet on Feb 17, 2022 23:03:27 GMT 1
So who are the other seven championship clubs that are in trouble?
are any of them in danger of being in another league next season i.e. promoted or relegated?
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stable
Iain Dunn Terrier
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Post by stable on Feb 17, 2022 23:24:42 GMT 1
So who are the other seven championship clubs that are in trouble? are any of them in danger of being in another league next season i.e. promoted or relegated? I’d presume the most likely would be:- Middlesbrough Forest Stoke Swansea Cardiff Blackburn Then, not sure Sunderland if they come up? Or possibly Reading being so far over that they’ll breach again |
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Post by allan 1958 (OAF-WROY)(SSLFF) on Feb 18, 2022 11:01:31 GMT 1
So who are the other seven championship clubs that are in trouble? are any of them in danger of being in another league next season i.e. promoted or relegated? I’d presume the most likely would be:- Middlesbrough Forest Stoke Swansea Cardiff Blackburn Then, not sure Sunderland if they come up? Or possibly Reading being so far over that they’ll breach again Cant see Blackburn being on that list. No very high earners, no relegation hangover over, no big purchases, some sales and apparently a playing squad under control. There's no rumbling in the locals about mis management. |
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stable
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Post by stable on Feb 18, 2022 14:02:33 GMT 1
I’d presume the most likely would be:- Middlesbrough Forest Stoke Swansea Cardiff Blackburn Then, not sure Sunderland if they come up? Or possibly Reading being so far over that they’ll breach again Cant see Blackburn being on that list. No very high earners, no relegation hangover over, no big purchases, some sales and apparently a playing squad under control. There's no rumbling in the locals about mis management. Didn’t they have to sell their training ground or something to comply this season? EDIT: www.lancashiretelegraph.co.uk/sport/19729186.blackburn-rovers-transfer-business-key-remaining-ffp-compliant/ |
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Post by allan 1958 (OAF-WROY)(SSLFF) on Feb 18, 2022 14:46:27 GMT 1
Yep missed that, they could have sold Beretton? and didnt. I assumed they must be ok. |
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Post by kennyk2 on Apr 20, 2022 18:05:59 GMT 1
Clickbait Tweet. I bit, but then realised that "total cost of squads" doesn't only mean transfer fees paid!
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crux
Jimmy Glazzard Terrier
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Post by crux on Apr 20, 2022 19:43:18 GMT 1
Clickbait Tweet. I bit, but then realised that "total cost of squads" doesn't only mean transfer fees paid! It appears to be the book value of the players from the intangible assets in the last published accounts, based on a question from a Town fan and the reply. That means O'Brien is worth more than 50% of our total intangible assets 🤣. It also goes to show that there's lies, dam lies and statistics! |
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Post by kennyk2 on Apr 20, 2022 19:53:57 GMT 1
Clickbait Tweet. I bit, but then realised that "total cost of squads" doesn't only mean transfer fees paid! It appears to be the book value of the players from the intangible assets in the last published accounts, based on a question from a Town fan and the reply. That means O'Brien is worth more than 50% of our total intangible assets 🤣. It also goes to show that there's lies, dam lies and statistics! So they are giving a subjective figure for squad worth then? In other words... guessing what players are worth. |
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Post by allan 1958 (OAF-WROY)(SSLFF) on Apr 20, 2022 20:08:28 GMT 1
Clickbait Tweet. I bit, but then realised that "total cost of squads" doesn't only mean transfer fees paid! It appears to be the book value of the players from the intangible assets in the last published accounts, based on a question from a Town fan and the reply. That means O'Brien is worth more than 50% of our total intangible assets 🤣. It also goes to show that there's lies, dam lies and statistics! And social media drivel 🤓 |
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Post by Mastercracker on Apr 21, 2022 10:06:53 GMT 1
It appears to be the book value of the players from the intangible assets in the last published accounts, based on a question from a Town fan and the reply. That means O'Brien is worth more than 50% of our total intangible assets 🤣. It also goes to show that there's lies, dam lies and statistics! And social media drivel 🤓 What's drivel about it? It's as of 30th June 2021. We still had Mbenza and Bacuna on the books. 30th June also the day contracts run to, so may even include Pritchard and Schindler. Fee's also paid for Pipa, Toff, Hogg, Holmes, Koroma, Thomas, Grant, Brown. Not difficult to see how it's £17m then. Nobody is saying our squad as it stands now cost £17m. |
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Post by impact on Apr 21, 2022 11:13:16 GMT 1
What's the issue here? That's just how much our squad cost to buy. Mbenza alone was half of that.
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Post by allan 1958 (OAF-WROY)(SSLFF) on Apr 21, 2022 12:45:48 GMT 1
And social media drivel 🤓 What's drivel about it? It's as of 30th June 2021. We still had Mbenza and Bacuna on the books. 30th June also the day contracts run to, so may even include Pritchard and Schindler. Fee's also paid for Pipa, Toff, Hogg, Holmes, Koroma, Thomas, Grant, Brown. Not difficult to see how it's £17m then. Nobody is saying our squad as it stands now cost £17m. I was agreeing about statistics it has been made worse by social media with many extra streams of statistical Tosh |
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Post by rothwellterrier on Jul 1, 2022 7:47:25 GMT 1
Swiss ramble (football finance expert) has been having a look over the 20/21 season figures.
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Post by kennyk2 on Jul 1, 2022 8:16:05 GMT 1
Swiss ramble (football finance expert) has been having a look over the 20/21 season figures. I’m not a financial wiz, but it seems that we have the finances under some control, especially compared to other clubs e.g. Bristol. |
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Post by Mastercracker on Jul 1, 2022 8:41:56 GMT 1
Maybe we could spend some money for once
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goodbet
Jimmy Glazzard Terrier
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Post by goodbet on Jul 1, 2022 9:05:16 GMT 1
Maybe we could spend some money for once Don't be silly |
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goodbet
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Post by goodbet on Jul 1, 2022 9:16:24 GMT 1
From:- footballeconomyv2.blogspot.com/2022/07/sound-finances-at-huddersfield.htmlJuly 01, 2022 The authoritative Swiss Ramble analyses the 2020/21 accounts of Huddersfield Town. Since these accounts, it has been reported that former owner Dean Hoyle has almost completed a takeover of the club by acquiring the 75% controlling stake he sold to Phil Hodgkinson in 2019. As Hoyle had kept 25%, he would have full ownership if the deal is finalised. Hodgkinson’s main company had been placed into administration in November 2021, so there was concern that this would cause problems for the club. The club swung from a £8.5m pre-tax loss to £2.6m profit, despite revenue falling £8m (16%) from £53m to £45m, exacerbated by decreases in profit on player sales (from £18m to £10m) and player loans (from £5.7m to £0.6m). This was thanks to a huge £33m (38%) cut in expenses. Huddersfield were one of only four clubs to post a pre-tax profit in the 2020/21 Championship, though their £2.6m was outpaced by two clubs relegated from the Premier League the prior season: Norwich £21m and Bournemouth £17m. No fewer than five clubs had losses above £20m. The operating loss (excluding player sales and interest) improved from £23m to £5m, one of the best results in the Championship, where almost every club has substantial operating losses, i.e. nearly half of them are above £30m. The club generated a £23m profit in Premier League in 2018. The club have made money in three of the last four years, boosted by two seasons in the Premier League (including a hefty £30m profit in 2018). Before that, they generally posted small losses with the £20m reported in 2017 adversely impacted by estimated £12m promotion bonuses. Revenue Main reason for the £8m revenue decrease was COVID, which drove reductions in match day, down £2.4m (58%) to £1.7m, and commercial, down £1.6m (41%) to £2.3m. Broadcasting fell £4.3m (10%) to £40.4m, as lower parachute payment were partly offset by deferred 2019/20 revenue. Since relegation from the Premier League, revenue has dropped by £75m (63%) from £119m in 2019 to £44m, very largely due to less TV money in the Championship (£64m decrease), though commercial and match day are also down £7m and £3m respectively. Even after the decrease, the £44m revenue was still 5th highest in the 2020/21 Championship, though a fair way below the clubs receiving the largest parachute payments, The revenue decrease has been cushioned by Premier League parachute payments (£42m in 2020 and £34m in 2021), though this will have fallen to £15m in 2022. That was the final year of these payments, so next season Town will have to make do without a parachute. Commercial income fell £1.6m (41%) to £2.3m, mainly due to COVID. This is the club’s lowest since 2011 and significantly down from £10.6m in top flight. This is one of the smallest in the Championship, only ahead of Luton Town, Barnsley and (probably) Wycombe. Player sales and transfers The £28m profit the club have made from player sales in the last two years is as much as previous seven years combined. Since these accounts, many players have left, but very largely on free transfers (to get them off the wage bill), with only Juninho Bacuna to Rangers attracting a fee. The club said they “continued to invest heavily in the squad”, but they actually only spent £2m on players, mainly Pipa, Duane Holmes and Sorba Thomas, which was one of the lowest in the Championship. This was less than 10% of Brentford. The club have spent £128m on players in the last five years, compared to just £11m in preceding five-year period. Unsurprisingly, expenditure was much higher in the Premier League. Down three years in a row since then. Very little was spent this season with many arrivals being on free transfers. Average attendance (for games played with fans) was 21,748 in 2019/20, so has fallen over 2,000 since the 2018 Premier League peak of 24,032. However, this was still 9th highest in the Championship and also more than the 2017 promotion season. Wages The wage bill fell £5.6m (19%) from £30m to £25m, as the club “continued to balance reducing the football wages cost while maintaining a competitive squad.” This means that wages have been cut by £39m (61%) since relegation from the Premier League. Following the decrease, the £25m wage bill was firmly in the bottom half of the Championship, the lowest of all clubs with parachute payments. Thanks to a combination of parachute payment and wage reductions, Huddersfield had by far the lowest wages to turnover ratio in the Championship with 55%, only slightly higher than 53% in the Premier League. Vast majority of clubs in this division have ratios well over 100%. Gross debt decreased £14m from £58m to £44m, so down £31m in 2 years. The amount owed to former owner Dean Hoyle was £34m (discounted at 5.5% in accounts to £30m) with the former owner rescheduling repayment to help the club. The remaining balance is a bank loan. |
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Post by Baby Ate My Eight Ball on Jul 1, 2022 10:45:15 GMT 1
Commercial income third lowest in the league seems piss poor - £2.3m compared to even Rotherham generating £3.2m.
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Melc
Jimmy Glazzard Terrier
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Post by Melc on Jul 1, 2022 11:30:03 GMT 1
Commercial income third lowest in the league seems piss poor - £2.3m compared to even Rotherham generating £3.2m. Sean Jarvis did a brilliant job driving that side of the business when he was here! |
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Post by Chips Longhorn on Jul 1, 2022 11:33:51 GMT 1
Commercial income third lowest in the league seems piss poor - £2.3m compared to even Rotherham generating £3.2m. Sean Jarvis did a brilliant job driving that side of the business when he was here! I may be wrong here but my strong feeling is that commercial revenues weren't higher comparatively when Jarvis was in charge |
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Melc
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Post by Melc on Jul 1, 2022 11:58:44 GMT 1
Sean Jarvis did a brilliant job driving that side of the business when he was here! I may be wrong here but my strong feeling is that commercial revenues weren't higher comparatively when Jarvis was in charge Not got a clue to be honest, but it seemed a lot better when he was here driving things forward and keeping the fans up to date. Now to me it feels like the communication aspect between club and fans has been cut off to a extent. |
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Post by Chips Longhorn on Jul 1, 2022 12:10:25 GMT 1
I may be wrong here but my strong feeling is that commercial revenues weren't higher comparatively when Jarvis was in charge Not got a clue to be honest, but it seemed a lot better when he was here driving things forward and keeping the fans up to date. Now to me it feels like the communication aspect between club and fans has been cut off to a extent. The comnunication was undoubtedly more comprehensive. Not sure the revenues were any better though |
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incognito
Jimmy Nicholson Terrier
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Post by incognito on Jul 1, 2022 12:29:19 GMT 1
Here's our P&L history for anyone interested:  Edit: Added indicative 'typical' Championship average |
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