https://offthepitch.com/a/seagulls-set-post-loss-after-club-record-spending
Not my figures BTW but shows that it is tough to compete in the Premier League.
Not my figures BTW but shows that it is tough to compete in the Premier League.
[Albion] Albion predicted to go from £12 million profit to £13m loss last season
- Thread starter El Presidente
- Start date
Got something to say or just want fewer pesky ads? Join us... 😊
If only we could dump some high-earners off the wage bill...
warlingham seagull
New member
If only we didn't have some in the first place.....
Horton's halftime iceberg
Blooming Marvellous
Cutting to the chase, does this mean Bloom will want to cut expenditure or is okay with him still spending on players etc. Especially when we have signed a huge sponsorship deal.
schmunk
Why oh why oh why?
How long until the jesters rock up, crowing?
Sheebo
Well-known member
- Jul 13, 2003
- 29,319
Don’t think they’re in a position to talk - that would make us even for the last 2 seasons - how will theirs compare I wonder?
blue-shifted
Banned
Well, we don't know that they are entirely off the bill. We also don't know whether they are coming back.
blue-shifted
Banned
The sponsorship deal is worth £8.5m per season, so would mitigate those losses.
My guess is a continue to the current policy, which I suppose you could define as controlled speculation
My guess is a continue to the current policy, which I suppose you could define as controlled speculation
Return of the Rev
Well-known member
Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
We’ll have to wait until they file their smoke and mirrors accounts. I wonder how many months late the Spiv will release them this year?
blue-shifted
Banned
On the one hand, wage and transfer fee inflation doesn't seem to be slowing down so we'll have to continue to pay top dollar just to stay where we are.
On the other, I don't think we're far from seeing the academy self finance in terms of player sales (for example if we chose to sell Ben White, he'd be worth a fair bit) and in terms of us not having to pay out as many transfer fees.
It's also possible that we'll be able to reduce the numbers of high earners not in the team, though if it was easy for us to find clubs to take on the players Potter doesn't want permanently, we'd have probably done it already.
On the other, I don't think we're far from seeing the academy self finance in terms of player sales (for example if we chose to sell Ben White, he'd be worth a fair bit) and in terms of us not having to pay out as many transfer fees.
It's also possible that we'll be able to reduce the numbers of high earners not in the team, though if it was easy for us to find clubs to take on the players Potter doesn't want permanently, we'd have probably done it already.
Weststander
Well-known member
CPFC2010 Ltd:
Loss for 2017/18 -£36m
Income £150m, payroll costs £117m = 78%.
= the cash cow that selling clubs, players and agents love.
Thank our lucky stars that we have proper businessmen running the Albion.
Loss for 2017/18 -£36m
Income £150m, payroll costs £117m = 78%.
= the cash cow that selling clubs, players and agents love.
Thank our lucky stars that we have proper businessmen running the Albion.
Hemed is off for good, and there's every chance that Knockaert, Locadia and Andone won't be back this season.
I believe Galatasary for paying all of Andone's pay, I'd be amazed if Fulham aren't paying all of Knockaert's which only leaves Locadia. I'm struggling to see that we're not well over £100k/week better off from those four alone.
Knocky's Nose
Mon nez est retiré.
... and if that were the case, we wouldn't be in the Premier League.
blue-shifted
Banned
If it was last season, I expect it would include the purchase of Locadia, Andone, Bissouma, Ali J, Montoya, Bernardo. What's that £75m? Plus a host of youth team players, reserve keepers etc
I presume our £60M summer spend will go towards the 2019-20 figures then . . . .gulp. Is it possible to ever be profitable, even in the PL (aka the Promised land)?
...plus Kayal.
Pretty sure that transfer fees are generally amortised over the length of the contract, so a £20m player with a 5-year contract would only hit the P&L to the tune of £4m (assuming straight-line used) in that year, not the full £20m.
If only there was a football financial expert round here to verify that...