Financial gubbins | Vital Football

Financial gubbins

MadAmster

Vital Squad Member
14.6M profit they say mainly down to the sell off and lease back of the ground. Staff costs 11M more than turnover which is something that is not sustainable but ought to see us within FPP rules if I've read it correctly. That should stave off any points deduction based on the leaked info from that EFL meeting at the ****ty Ground https://www.dcfc.co.uk/news/2019/04/...ancial-results
 
What is the total debt figure like? There have been recent articles describing the peril a lot of Championship clubs are in. Reading that report it doesn't seem to be 'Birmingham-esque' or 'Bolton-like'
 
No idea. The only debt is to our owner Mel Morris and he is a lifelong fan so not hurrying to get his cash back. It is said he has pumped about £120M into the club. Anybody's guess how much of that is debt and how much has been written off or converted into extra shares........ The cynics amongst us might be excused for thinking that next season's get out of FFP jail card is the sell off and lease back of the Moor Farm training complex ;)
 
Aaah. Some big numbers there. Is the training complex land in a potentially lucrative area? At least your main debtor seems to be a benevolent one (for now at least). Too much money in the sport nowadays.
 
Latest Rams News