Samantha Gordon | Page 2 | Vital Football

Samantha Gordon

Oooooo get you

Propa rattled

He gave lots of good info about Marinakis before anyone else and was proven to be right many times with his journalist contact

Surprise
Surprise
You were part of the bullying

You know what I do seem to remember he did do some of the old copy and paste

So I would say he probably had more in common with you

Owd
Ctrl C
Ctrl V

Calm down Mr Wood, no need for a meltdown.
 
Accounts published


Headlines
Net loss £36M ( up from £22M previous year)
£23 M borrowed from owner
Wages 143% of income
Bought players for £22.7M , sales of £11M, outstanding liabilities of £4.7M in add ons
Outstanding loans £59M
 
Accounts published


Headlines
Net loss £36M ( up from £22M previous year)
£23 M borrowed from owner
Wages 143% of income
Bought players for £22.7M , sales of £11M, outstanding liabilities of £4.7M in add ons
Outstanding loans £59M

That outstanding £4.7m - isn't that what we owe Fawaz?
 
Accounts published


Headlines
Net loss £36M ( up from £22M previous year)
£23 M borrowed from owner
Wages 143% of income
Bought players for £22.7M , sales of £11M, outstanding liabilities of £4.7M in add ons
Outstanding loans £59M

https://beta.companieshouse.gov.uk/company/01630402/filing-history

The P&L Acc on Page 8, shows a loss of £25.115m - which was reduced from the operating loss of £34.4m by profits from player sales (£10.5m).

Ignore the above about Fawaz, that £4.7m relates to monies owed (presumably being paid by instalments) for players.

Average no of playing staff increased to 74, from 65 (which increased the players wage bill to £31.383m (an increase of £6.6m) - again, explaining why we are yet again having to shift deadwood.

We are within the FFP limits, but the accounts to May 2020 will be crucial with regard to FFP adherance - player sales and loan fees will definitely help.

As many guessed, this pretty much explains why we've spent very little on players this season!
 
I haven't read the accounts fully but to go from a 5m loss to a 25m one whilst making a 10m profit in the transfer market feels clumsy...

Definitely clumsy bordering on mismanaged, but the legacy of failed managers and bloated squad size are abundantly evident.... yet some feel that we should have splashed even more cash in January.


The operating loss in the accounts to 2018 was £20m, from a lower turnover but notably, this saw a significantly lower (by c£14m) admin expenses.

In that year, there was also a £10m profit from player sales and a £5m loan write off, which brought that down to £5m loss.

As stated, the wages/admin expenses were over £14m higher in the year to 31-5-2019, largely due to the increase in player numbers (+9), wages & amortisation.


It is this problem that Modesto/Anigo/Sabri & co have had to address, which has seen a significant reduction in the number of players and that will reduce further.

They have also sold numerous players this season, mostly at a profit - so, you'd think the accounts to May 2020 would show the result of that hard work - they will certainly know the loss target for this year end, to ensure FFP compliance.
 
I'm no financial wizard, and not really sure of the period that these accounts are for. Am I correct in assuming they cover the period signed Carvalho, Grabban etc. Either way it def explains why the club have had to be so cautious this year, but probably been better spending nothing in Jan than bringing in the poor quality they seem to have done. IE Bong Diakaby reserve judgement on De Costa, but having said that for all the good he is doing may as well have kept that £2m in hand
 
There's a few out of contract and we can shift all the dud loan players back, we've got many years of terrible decisions to undo it's clear he's trying to get us running properly. If we don't go up no doubt 2 or 3 of our better players will be sold to balance the books, and to allow a budget to remould the squad.
 
Makes it staggering that they thought £38k a week for an untested rookie goalkeeper who wasn't even ours was appropriate value

38k per week, that is more than Manchester City are paying him; a hell of a lot more.

When he played in goal for City against Burton last season he was earning 3k per week; his new contract at the end of that season put him up to 10k per week.
 
diakhaby and bong have been waste of money

de costa seems to have vanished

so we are trying to get promoted on the cheap....which on last nights 1st half and sabris continued selection of semedo/diakhaby will fail miserably

we need to play carvalho/bostock or our best 11 where possible