The Albion posts losses of £14.7m

[Tyreman123]

cant wait to see how overspending clubs like QPR and Forest fudge round the rules!

 

[tonyt]

I wonder if the losses include the income that we have seen so far from the AMEX shirt sponsorship deal?

 

[gravnast]

A crazy suggestion.

(We're well on track to be within the £8m max loss for 2013-14.)

Do you know this for sure? For instance how much did we pay Gus off. I don't think that would have been cheap

 

[Rogero]

What is happening at other clubs?

 

[Black Rod]

I'm really interested as to how this could have happened? It has to be training ground costs right?

Puts the transfer window dealings into perspective, admittedly.

I don't think the training ground costs are included. The majority of it is the £6.1m increase in the playing budget from 2011-12 to 2012-13

 

[El Presidente]

Where's El Pres?

Cooey!

Pointless saying too much until I see the statutory accounts. Need to see how much of the costs are disallowable for FFP purposes, and also the extent to which costs are non-recurring in nature (such as redundancy). It does show why the club was so keen to dismiss Poyet and his team without having to fully pay up their contracts.

 

[Bold Seagull]

An FA Cup semi final at Wembley might help the coffers. I wonder what sort of side will face Hull....Full strength I hope.

Yes, and hopefully a defeat at Sunderland, and perhaps a draw or worse at home to Southampton will have Hull firmly in the relegation dog fight and forcing Bruce to be resting a fair few of their key players.

 

[Hamilton]

One thing you can be sure of. Nobody on this thread is privy to the detail so it's all guesswork and not worth getting het up about - unless you don't trust the Board, and commercially we have no reason to distrust them.

If [MENTION=743]Henfield One[/MENTION] starts raising eyebrows, then I'll worry.

 

[martin tyler]

Not surprised personally.
Anyone with common sense would have put as much debt as possible onto last years accounts to assist the next set of figures as its them that count for FFP.

 

[Shy Talk]

Do you know this for sure? For instance how much did we pay Gus off. I don't think that would have been cheap

we didn't

 

[DarrenFreemansPerm]

The people crying out for greater investment during the transfer window and suggesting the club isn't showing enough ambition are notable by their absence on this thread...

At least it gives self righteous people like yourself a reason to swell your post count eh

 

[Vegas Seagull]

Things like the electric advertising boards were put in sooner than needed to try and get those costs out the way before FFP took hold.

Indeed, £1m spend before rules commence, extra TV revenue as a consequence after.

 

[El Presidente]

What is happening at other clubs?

Bolton have lost £50 million, Leicester £30 million, Blackburn £36 million, Forest have not yet published their accounts.

 

[gravnast]

I thought I heard we decided to settle out of court?

 

[Titanic]

One thing you can be sure of. Nobody on this thread is privy to the detail so it's all guesswork and not worth getting het up about - unless you don't trust the Board, and commercially we have no reason to distrust them.

If @Henfield One starts raising eyebrows, then I'll worry.

The accounts are public.... what 'detail' are we not privy to?

 

[DarrenFreemansPerm]

What is happening at other clubs?

A lot worse I'd imagine!

 

[Superphil]

I wonder if the losses include the income that we have seen so far from the AMEX shirt sponsorship deal?

Wrong season

 

[glasfryn]

Bolton have lost £50 million, Leicester £30 million, Blackburn £36 million, Forest have not yet published their accounts.

Jeez those are large losses

 

[El Presidente]

So when Poyet said he wasn't being backed last season with a budget, what he actually meant was an incrwase of £6.1m on the previous season wasn't enough for him?

I thought he said we had reached the ceiling.

Remember, according to TB, the playing budget has been INCREASED by 6% for Oscar compared to what Gus had last year.

 

[Black Rod]

Do you know this for sure? For instance how much did we pay Gus off. I don't think that would have been cheap

I imagine that the new sponsorship deals Barber has struck with Amex and Heineken etc will be worth a fair bit