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| The Board - general discussion (including Res 12); notes from the AGM | |
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| Topic Started: 15 Jul 2014, 12:03 AM (1,414,446 Views) | |
| kellybhoy | 20 Sep 2017, 10:36 PM Post #11501 |
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Play me or trade me
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Don't think anyone else has notice the last line in PL's report.
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| culchie | 20 Sep 2017, 10:38 PM Post #11502 |
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Everyone's Fantasy Football first pick
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| jim62 | 20 Sep 2017, 11:59 PM Post #11503 |
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up on the roof!!
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What has caused the operating expenses to rise to £76mill...up 33%....I know that the manager and presumably Sinclair/Dembele must be on big bucks....but that figure is about £20mill higher than tbe previous year ?? How much is PL's bonus this year
Edited by jim62, 21 Sep 2017, 12:01 AM.
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| Quiet Assasin | 21 Sep 2017, 12:08 AM Post #11504 |
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..for the maintenance of dinner tables for the children and the unemployed
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Payments to GCC, the Labour Party, the Co-Op and the Vatican
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| Pendy12 | 21 Sep 2017, 03:16 AM Post #11505 |
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First-team starter
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I think it may be the 18 million cost of the hotel |
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| CM1975 | 21 Sep 2017, 03:56 AM Post #11506 |
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Club Captain
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| remy mcswain | 21 Sep 2017, 07:02 AM Post #11507 |
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Big in Canada
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That is not correct. Wages/bonuses will be massive for CL qualification, we have spent a lot of money on BR and his back room team and we had far too big a squad of non playing high earners last season. |
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| Torquemada | 21 Sep 2017, 07:45 AM Post #11508 |
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Off treasure hunting in Holland
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It takes a special kind of miserablist (the kind KDS specialises in!) to scratch around for a downside to the best financials in the club's history, and all on the back of an unbeaten Treble-winning season.
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| k3vkr | 21 Sep 2017, 08:32 AM Post #11509 |
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The weather is fine in Majorca
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First thing that jumped out at me too. Thats a massive jump... |
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| Tiny Tim | 21 Sep 2017, 08:52 AM Post #11510 |
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"a Premier League player in all but status"
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We had to hand back the state aid. |
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| dazabhoy67 | 21 Sep 2017, 08:59 AM Post #11511 |
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Off treasure hunting in Holland
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Great results, although that expenses figure seems ridiculously high as well. |
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| puroresu_boy | 21 Sep 2017, 09:11 AM Post #11512 |
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First-team starter
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Do they explain why the jump in operating expenses? |
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| littlegmbhoy | 21 Sep 2017, 09:23 AM Post #11513 |
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Club Captain
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Electricity has shot up last 12 months... Heating driveways ain't what it used to be.
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| fatboab | 21 Sep 2017, 09:31 AM Post #11514 |
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Just before the Dawn
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do you think we got BR and his team for free? What about Sinclair, Dembele, Roberts etc? These guys cost a lot of money to tempt to the club, whether in salary or in bonuses. As others have pointed out, the cost of getting to the CL by way of remunerations is considerable. For once, perhaps we should just drink in the fact we have a hugely successful football club both on and off the park. |
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| BardseyCelt | 21 Sep 2017, 09:39 AM Post #11515 |
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The planning for the future of the club is of paramount importance here. We want to build an infrastructure that generates Champions League quality players. It will take a long time, but certainly puts paid to the ridiculous idea that we're going to go out and spend our "30 million" CL money to compete in the same terms as the European big guns.
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| Bhoyball | 21 Sep 2017, 09:39 AM Post #11516 |
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No trouble with trebles.
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How did we end up with cash in bank of 18m ? With 6.9m profit this year and only 0.6m last. Did we historically have 11m cash in bank? |
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| DannyS_83 | 21 Sep 2017, 10:47 AM Post #11517 |
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I'm new. Be gentle.
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Yeah, I'm also confused with the 18mil talk. Can someone please enlighten? Might be being thick though
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| remy mcswain | 21 Sep 2017, 11:08 AM Post #11518 |
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Big in Canada
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Haven't seen detailed figures yet but cash at end June is usually high as a lot of ST money has been banked. It doesn't go through P&L as income until this season though so the credit sits on balance sheet as a deferred income "liability" which reduces after every home game. |
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| Bhoyball | 21 Sep 2017, 11:12 AM Post #11519 |
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No trouble with trebles.
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Of course, makes perfect sense .
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| Devo | 21 Sep 2017, 11:18 AM Post #11520 |
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Occasional Substitute
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Cash at the bank is part of the balance sheet and not directly related to the profit and loss account. Items on the balance sheet which have affected how much cash there is include £5.5m owing to other companies that is not due to be paid within the next 12 months (typically players bought with payment due over a period of time) - last year we had no long term amounts owing. There was also £2.7m in 'Capital Reserve' that has now been moved to cash but not yet spent - the company knows that it wants to invest in a long-term project so makes a provision in the accounts for a capital reserve to help fund the project. There's also £2.5m more of deferred income this year than last - that's typically cash received from season ticket sales before the financial year end (30th June), but can't be booked as revenue as it relates to this new season. |
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Don't think anyone else has notice the last line in PL's report.









8:46 AM Jul 11