Because when your Mum & Dad lend you £2000 for your first car and say 'pay it back when you've got it."
That.
expansion will cost £15m Could cost £130 million if we fail to get promoted due to not enough money going into team building
Why is it 15 million for the expansion. Seems horrific that. Some Stadiums go up for not much more than that.
Those figures are concerning !!
Will be interesting to see what difference The Amex shirt deal makes to the sponsorship column next time out.y
Most telling stat is the £5.7m from TV in Championship with addition of televised cup games. Wolves got £39m for coming bottom of the Premier League. Therein is the reason clubs will spend huge wages to turnover ratios to gamble at going up.
Glad we don't though.
expansion will cost £15m Could cost £130 million if we fail to get promoted due to not enough money going into team building
Because when your Mum & Dad lend you £2000 for your first car and say 'pay it back when you've got it."
That.
I would love to have a detailed trawl through, but I'm about to go on holiday so I can't. From what I can read on the comments and info above, the 67% wages to income looks very important. The sources of income also look solid, so we need some more data on the "other expenses" - how much is recurring and how much is one-off. Presumably there is a fair bit of depreciation coming through, or to come through. Financing also seems sound, but, as we already know, is dependant on TB's continuing support.
I would love to have a detailed trawl through, but I'm about to go on holiday so I can't. From what I can read on the comments and info above, the 67% wages to income looks very important. The sources of income also look solid, so we need some more data on the "other expenses" - how much is recurring and how much is one-off. Presumably there is a fair bit of depreciation coming through, or to come through. Financing also seems sound, but, as we already know, is dependant on TB's continuing support.
That's fascinating reading. But yes, we perhaps could do with more posts of statistical analysis in order for those amongst us who are not accountants to make real sense of things.