[Football] Middlesbrough announce drop in losses

[Bozza]

Middlesbrough announced their latest financial results today. In short: losses for 2014-15 down to £9m from a £20.4m loss in 2013-14.

The club saw revenue soar 60% from £12.8m to £20.5m as its coffers were boosted by successful cup runs, rising home attendances, and the unsuccessful play-off final trip to Wembley.

Boro’s income for the year breaks down to gate receipts of £8m, up from £3.8m and cup income of £1.8m, a rise from just £65,000 a year earlier. Sponsorship and commercial earnings were £4m while broadcasting income was steady at £4.3m. Merchandising brought in £2.2m.

Wages for the year rose from £14.4m to £18.1m, reflecting the club’s investment in new players to secure a return to the Premier League.


More here: http://www.gazettelive.co.uk/news/teesside-news/boro-reveal-sharp-drop-annual-11156060

 

[Loftslaces]

Does anyone know how much an unsuccessful playoff final generates in £££

 

[Sheebo]

£20.4m loss in 2013-14 - didn't they also NOT fail FFP?

Obviously 15/16 accounts will be different - the amount they've spent on Downing and Rhodes alone... I'm sure these figures can be (legally) manipulated in various ways by clubs btw...

 

[Sweeney Todd]

We could do with seeing them suffer an increase on losses on the pitch.

 

[Triggaaar]

Hands up who believes the figures?

 

[El Presidente]

Downing is on an alleged £70,000 a week this season at Boro. Rhodes will be on a similar deal. Ramirez is on £40,000 a week, half of which is being paid by Stains. Nugent, Clayton (who, remember turned down the Albion for Boro 18 months ago for more money there) and others will be on £15-20,000 a week.


Sent from Konnie Huq's lingerie drawer.

 

[Mr Smggles]

Downing is on an alleged £70,000 a week this season at Boro. Rhodes will be on a similar deal. Ramirez is on £40,000 a week, half of which is being paid by Stains. Nugent, Clayton (who, remember turned down the Albion for Boro 18 months ago for more money there) and others will be on £15-20,000 a week.


Sent from Konnie Huq's lingerie drawer.

If those wage figures are true, I hope they rot. What a joke, £70,000 a week in the Championship.

 

[Prince Monolulu]

Hands up who believes the figures?

 

[Triggaaar]

Brilliant

 

[Triggaaar]

If those wage figures are true, I hope they rot. What a joke, £70,000 a week in the Championship.

Sorry, has this come as news to you? boro have blown the FFP limits out of the water!

 

[Mr Smggles]

Sorry, has this come as news to you? boro have blown the FFP limits out of the water!

I guessed that he wasn't on a small wage, but I didn't think it that high.

 

[Bozza]

The Albion break down revenues in a slightly different way, but by way of comparison (and note: this was Albion having a turgid season and Boro having a very good one):

Revenue
Boro - £20.5m
Albion - £23.7m

Gate receipts
Boro - £8.0m
Albion £9.8m

Sponsorship and commercial
Boro - £4.0m
Albion - £5.6m

TV and media
Boro - £4.3m
Albion - £4.9m

Wages
Boro - £18.1m
Albion - £20.6m

Full analysis of the Albion's results here: https://nortr3nixy.nimpr.uk/conte...-of-the-Albion-finances-(goes-on-a-bit-sorry)

 

[Green Cross Code Man]

The Albion break down revenues in a slightly different way, but by way of comparison (and note: this was Albion having a turgid season and Boro having a good one):

Revenue
Boro - £20.5m
Albion - £23.7m

Gate receipts
Boro - £8.0m
Albion £9.8m

Sponsorship and commercial
Boro - £4.0m
Albion - £5.6m

TV and media
Boro - £4.3m.
Albion - £4.9m

Wow! Just shows how, relatively, successful we've been. Our marketing and our fans are fantastic!

 

[LlcoolJ]

Boro's losses this season will be of QPR proportions.

 

[The Wizard]

Seems legit...

 

[Bozza]

£20.4m loss in 2013-14 - didn't they also NOT fail FFP?

Yep. An accounting loss is different from an FFP-reportable loss. There are all sorts of exclusions such as academy investment and community schemes. Boro have clearly been quite 'efficient' at using these exceptions.

 

[grubbyhands]

Downing is on an alleged £70,000 a week this season at Boro. Rhodes will be on a similar deal. Ramirez is on £40,000 a week, half of which is being paid by Stains. Nugent, Clayton (who, remember turned down the Albion for Boro 18 months ago for more money there) and others will be on £15-20,000 a week.


Sent from Konnie Huq's lingerie drawer.

Konnie Huq's lingerie drawer eh? mmmmmmmmmmmmm.

 

[atomised]

Does anyone know how much an unsuccessful playoff final generates in £££

Don't know but I've seen suggestions that the side promoted through the play offs have given their Wembley gate receipts to the losing side

 

[brightn'ove]

Does anyone know how much an unsuccessful playoff final generates in £££

-£120,000,000

 

[El Presidente]

Don't know but I've seen suggestions that the side promoted through the play offs have given their Wembley gate receipts to the losing side

According to the FL rules 50% of the receipts from the playoffs (after deducting expenses) are split between the two teams, and the other 50% is split evenly between the other clubs in the division.

I think some clubs promoted to the PL have voluntarily waived their 50%, but I don't think they are obliged to do so.