The "Albion 2012 financial results" thread

[Driver8]

With 200% rise in turnover and 30% rise in profits its all good. If anyone walked in to a bank and said my business is growing by that amouth with that amount of profit rise they would fall over themselves to sign them up

What profit? The loss increased by 29%!

 

[CP 0 3 BHA]

How come ticketing was only £7.9m

16k ordinary season tix @ say average £400 = £6.4m (many cost more but there are concessions)
2k 1901 members @ c. £1k = £2m (from memory its about £80 per month?)
100k sundry tickets (2k league games, £20k cup games) @ c. £20 = £2m

Total c. £10.4m

I know they're all guestimates but even so I can't see where £2.5m difference would come from?

 

[Paddy B]

Essentially our our revenue and expenses have grown at similar rates meaning our loss is about the same as at Withdean. Except for something called "player amortisation" that was zero in 2011. Any ideas?

 

[Lady Whistledown]

Can someone explain what is the key data is and how we compare against our rivals?

I like the players wages % thing, would love to see a league table of that and would be very interested to see where we sit.

It's not just player wages, is it, it must be all wages (I guess).

The move to the Amex must have meant loads of new staff were hired, in all areas of the business.

 

[El Presidente]

Come on Bozza, get El Pres off the porn stash, cleaned up and working on these so the rest of us know what is going on

I am Sweden for the Republic of Ireland game!

 

[Camicus]

What profit? The loss increased by 29%!

Col4 profit after tax UP 35% do keep up dear or do a book keeping course

 

[El Presidente]

Essentially our our revenue and expenses have grown at similar rates meaning our loss is about the same as at Withdean. Except for something called "player amortisation" that was zero in 2011. Any ideas?

This is where the club writes off transfer fees over the contract period. So CMS cost £2.5 million but has a 4 year contract, and therefore £625k a year will be charged to the P&L for 4 years.

 

[KZNSeagull]

It's not just player wages, is it, it must be all wages (I guess).

The move to the Amex must have meant loads of new staff were hired, in all areas of the business.

Yup - players up 5 to 56
Management and Admin up 58 to 122
And an average of 106 more part-time staff on match days (495 in total)

 

[Lord Bracknell]

How come ticketing was only £7.9m

16k ordinary season tix @ say average £400 = £6.4m (many cost more but there are concessions)
2k 1901 members @ c. £1k = £2m (from memory its about £80 per month?)
100k sundry tickets (2k league games, £20k cup games) @ c. £20 = £2m

Total c. £10.4m

I know they're all guestimates but even so I can't see where £2.5m difference would come from?

Don't forget that a significant proportion of ticket sales revenue disappears as VAT. And then there are the discounted tickets, including special deals for families, kids, seniors, etc. Not to mention season ticket discounts.

The average revenue per ticket sold seems to me to be a little under £15.

 

[El Presidente]

How come ticketing was only £7.9m

16k ordinary season tix @ say average £400 = £6.4m (many cost more but there are concessions)
2k 1901 members @ c. £1k = £2m (from memory its about £80 per month?)
100k sundry tickets (2k league games, £20k cup games) @ c. £20 = £2m

Total c. £10.4m

I know they're all guestimates but even so I can't see where £2.5m difference would come from?

Figures in the accounts are NET of VAT. You need to multiply the amounts you pay for season tickets by 100/120 to get closer to the figures in the accounts

 

[Titus]

Do Chrystal Palace have their figures out yet?

 

[Lady Whistledown]

Do Chrystal Palace have their figures out yet?

Yeah. We scored three. They scored none.

Hope this helps

 

[El Presidente]

As I don't want to incur roaming charges, can someone have a peek at the directors emoluments section?

 

[saafend_seagull]

Tony converted some of the debt to shares (40m) in September. Anyone know why he didnt do the whole lot?

 

[Chris001]

It's not just player wages, is it, it must be all wages (I guess).

The move to the Amex must have meant loads of new staff were hired, in all areas of the business.

Yes, must be all staff.

Would love to see an ascending league table of these stats, my gut tells me we'd be high up the league.

 

[saafend_seagull]

As I don't want to incur roaming charges, can someone have a peek at the directors emoluments section?

That help?

 

[ngood77]

Any guesses as to the highest paid director who is getting £142k !

And would it be Brown getting the loss of office payment of £74k ?

 

[Titus]

Our friends oop North are on the case.
Brighton lost £9.1m in 2012... - CPFC BBS

 

[KZNSeagull]

As I don't want to incur roaming charges, can someone have a peek at the directors emoluments section?

 

[saafend_seagull]

View attachment 40806

That help?

Worth noting mandatory pensions come into play October 2012 so this figure will be going up?