| £13m pre tax loss on 17:31 - Apr 28 with 2637 views | Whiterockin |
I always think the annual accounts not accurate if they don't show how much we still owe for players and how much other clubs owe us. An example would be the transfer of Downes in that account, is it only the money we have received with the rest coming in the next financial year or beyond. Or is it all in there. |  | |  |
| £13m pre tax loss on 17:33 - Apr 28 with 2641 views | EagleEye |
Not sure why asset stripping accusations would be a subject for discussion, hardly anyone these days makes such accusations. What is concerning is how the current owners have managed to oversee such a big loss despite the sale of Downes, Obafemi and refusal to fund any additions in January. It will be interesting to see what the new ‘investors’ make of this if/when it actually transpires.
Any idea on the reason for drop in broadcast revenue ? … “Broadcast revenue was £9.2m compared to £21.7m the previous year” |  | | |
| £13m pre tax loss on 17:40 - Apr 28 with 2622 views | Whiterockin |
| £13m pre tax loss on 17:33 - Apr 28 by EagleEye |
Not sure why asset stripping accusations would be a subject for discussion, hardly anyone these days makes such accusations. What is concerning is how the current owners have managed to oversee such a big loss despite the sale of Downes, Obafemi and refusal to fund any additions in January. It will be interesting to see what the new ‘investors’ make of this if/when it actually transpires.
Any idea on the reason for drop in broadcast revenue ? … “Broadcast revenue was £9.2m compared to £21.7m the previous year” |
Obafemi would be in the next accounts. | | | |
| £13m pre tax loss on 17:47 - Apr 28 with 2614 views | Dr_Winston |
| £13m pre tax loss on 17:33 - Apr 28 by EagleEye |
Not sure why asset stripping accusations would be a subject for discussion, hardly anyone these days makes such accusations. What is concerning is how the current owners have managed to oversee such a big loss despite the sale of Downes, Obafemi and refusal to fund any additions in January. It will be interesting to see what the new ‘investors’ make of this if/when it actually transpires.
Any idea on the reason for drop in broadcast revenue ? … “Broadcast revenue was £9.2m compared to £21.7m the previous year” |
These are the accounts to Jul 2022. The previous accounts would have been to Jul 2021, which included parachute payments.
Plenty of people make accusations of asset stripping. Plenty accuse them of lacking ambition by not spending millions in every window when it is patently obvious that the club can't afford it. Can you imagine the howls of outrage if they cut back even more as you seem to suggest they should? |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £13m pre tax loss on 17:58 - Apr 28 with 2542 views | Dr_Parnassus |
| £13m pre tax loss on 17:33 - Apr 28 by EagleEye |
Not sure why asset stripping accusations would be a subject for discussion, hardly anyone these days makes such accusations. What is concerning is how the current owners have managed to oversee such a big loss despite the sale of Downes, Obafemi and refusal to fund any additions in January. It will be interesting to see what the new ‘investors’ make of this if/when it actually transpires.
Any idea on the reason for drop in broadcast revenue ? … “Broadcast revenue was £9.2m compared to £21.7m the previous year” |
They didn’t refuse to make any additions in January, they just didn’t materialise for various reasons - none of which were due to refusals by Swansea. But none of that would be in the accounts released here, they are always a year “out of date” essentially. We also are unlikely to have got the Downes fee up front, sales and purchases are usually amortised.
We made playoffs the year before which could be linked to broadcast revenue. Which is why when people say we “failed” in the playoffs, I always state that we did no such thing. Getting there sets you up going forward, it enabled us to get the likes of Piroe. |  |
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| £13m pre tax loss on 18:39 - Apr 28 with 2441 views | SullutaCreturned |
| £13m pre tax loss on 17:47 - Apr 28 by Dr_Winston |
These are the accounts to Jul 2022. The previous accounts would have been to Jul 2021, which included parachute payments.
Plenty of people make accusations of asset stripping. Plenty accuse them of lacking ambition by not spending millions in every window when it is patently obvious that the club can't afford it. Can you imagine the howls of outrage if they cut back even more as you seem to suggest they should? |
I largely agree with you, Doc. Thing is though, if they'd taken the meausred gamble in Janyary we may beup in the top 6 now, crowds would have been higher and there'd have been ore tv money too.
It also has me questioning the opinion that we aren't ready for promotion as even if we came straight back down with the worst EPL record ever we would still have a ton of money to help us build again
I think it's a chance missed as the current situation clearly shows, just 3 more wins from that run of 3 in 21 and we'd need just ONE point to guarantee a play off place. 4 more wins and we'd be there already. |  | | |
| £13m pre tax loss on 18:43 - Apr 28 with 2432 views | Dr_Winston |
| £13m pre tax loss on 18:39 - Apr 28 by SullutaCreturned |
I largely agree with you, Doc. Thing is though, if they'd taken the meausred gamble in Janyary we may beup in the top 6 now, crowds would have been higher and there'd have been ore tv money too.
It also has me questioning the opinion that we aren't ready for promotion as even if we came straight back down with the worst EPL record ever we would still have a ton of money to help us build again
I think it's a chance missed as the current situation clearly shows, just 3 more wins from that run of 3 in 21 and we'd need just ONE point to guarantee a play off place. 4 more wins and we'd be there already. |
Giving Russy a couple of million to spend in January the way he was running things would have been a waste, not a gamble. Finding it hard to understand how anyone can look at the results he's now capable of achieving and come to the conclusion that it was the squad that was the problem. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £13m pre tax loss on 18:48 - Apr 28 with 2404 views | Dr_Parnassus |
| £13m pre tax loss on 18:39 - Apr 28 by SullutaCreturned |
I largely agree with you, Doc. Thing is though, if they'd taken the meausred gamble in Janyary we may beup in the top 6 now, crowds would have been higher and there'd have been ore tv money too.
It also has me questioning the opinion that we aren't ready for promotion as even if we came straight back down with the worst EPL record ever we would still have a ton of money to help us build again
I think it's a chance missed as the current situation clearly shows, just 3 more wins from that run of 3 in 21 and we'd need just ONE point to guarantee a play off place. 4 more wins and we'd be there already. |
No chance we would be playing the way we are if he had got his own way in January. He’s been made to look for solutions through circumstance and it is that which has made him realise his old methods were not going to work.
The acid test on whether he has turned over a fresh leaf will be in the targets he asks for in the summer. If it’s a load of defenders and central players then I fear he bas learned nothing. However if he’s actively looking to solve our width issue with doubled up width and not just right backs and left backs then we may be onto a winner.
I would happily bet that had we got Grant and a couple of others that he wanted, we would be in the mix with the likes of Huddersfield now. Complaining about dominating but not winning, not realising why. This has always been my frustration with him, the reasons have been obvious and the data has shown it clearly.
This is now clearly being taken on board. | |
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| £13m pre tax loss on 19:10 - Apr 28 with 2360 views | SullutaCreturned |
| £13m pre tax loss on 18:43 - Apr 28 by Dr_Winston |
Giving Russy a couple of million to spend in January the way he was running things would have been a waste, not a gamble. Finding it hard to understand how anyone can look at the results he's now capable of achieving and come to the conclusion that it was the squad that was the problem. |
it's difficult because I am also a critic but if we'd had 2-3 players in the right positions thn who knows? I haven't said the squad was the problem apart from maybe strength in depth. We had the quality in our best eleven, I truly believe that.
Truthfully, we will never know either way. | | | |
| £13m pre tax loss on 19:18 - Apr 28 with 2344 views | ReslovenSwan1 |
Downes went to West Ham on 7 July 2022 so hopefully the numbers do not include all of West Ham Cheques. It may cover the Connor Roberts / Jamal Lowe sales which were at the lower end. £4-5m.
I have always had the impression that the club works at a monthly deficit of £1m so needs to sell a £12m worth of players each season. Rodon at the end of the Cooper first year. [Post edited 28 Apr 2023 19:22]
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| Wise sage since Toshack era |
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| £13m pre tax loss on 19:27 - Apr 28 with 2318 views | jasper_T |
| £13m pre tax loss on 17:31 - Apr 28 by Whiterockin |
I always think the annual accounts not accurate if they don't show how much we still owe for players and how much other clubs owe us. An example would be the transfer of Downes in that account, is it only the money we have received with the rest coming in the next financial year or beyond. Or is it all in there. |
Values for debtors and creditors always appear on the accounts, yes. Just have to wait until they're up on Companies House.
£26m wages more than I expected in the post-Ayew era, but the January additions were very costly. Need to get that under tighter control if we're ever to get past the point of needing massive cash injections every year or to constantly sell players for big fees (£10m every other year doesn't cover it). | | | |
| £13m pre tax loss on 19:32 - Apr 28 with 2267 views | Dr_Parnassus |
| £13m pre tax loss on 19:27 - Apr 28 by jasper_T |
Values for debtors and creditors always appear on the accounts, yes. Just have to wait until they're up on Companies House.
£26m wages more than I expected in the post-Ayew era, but the January additions were very costly. Need to get that under tighter control if we're ever to get past the point of needing massive cash injections every year or to constantly sell players for big fees (£10m every other year doesn't cover it). |
I’ve always said the wage budgets some spout on here are wildly inaccurate.
This “bottom third budget” stuff is nothing more than a throwaway excuse guess that’s turned into fact.
We have a VERY competitive budget to be promoted. Even now. | |
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| £13m pre tax loss on 19:33 - Apr 28 with 2285 views | KeithHaynes |
| £13m pre tax loss on 19:27 - Apr 28 by jasper_T |
Values for debtors and creditors always appear on the accounts, yes. Just have to wait until they're up on Companies House.
£26m wages more than I expected in the post-Ayew era, but the January additions were very costly. Need to get that under tighter control if we're ever to get past the point of needing massive cash injections every year or to constantly sell players for big fees (£10m every other year doesn't cover it). |
Clearly that frightened the club as they’ve reduced their overall playing staff bill to a speculated figure of just under 13m this season. |  |
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| £13m pre tax loss on 19:49 - Apr 28 with 2238 views | Badlands |
| £13m pre tax loss on 17:33 - Apr 28 by EagleEye |
Not sure why asset stripping accusations would be a subject for discussion, hardly anyone these days makes such accusations. What is concerning is how the current owners have managed to oversee such a big loss despite the sale of Downes, Obafemi and refusal to fund any additions in January. It will be interesting to see what the new ‘investors’ make of this if/when it actually transpires.
Any idea on the reason for drop in broadcast revenue ? … “Broadcast revenue was £9.2m compared to £21.7m the previous year” |
Read the report |  |
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| £13m pre tax loss on 19:51 - Apr 28 with 2235 views | Badlands |
| £13m pre tax loss on 18:43 - Apr 28 by Dr_Winston |
Giving Russy a couple of million to spend in January the way he was running things would have been a waste, not a gamble. Finding it hard to understand how anyone can look at the results he's now capable of achieving and come to the conclusion that it was the squad that was the problem. |
Any other conclusion would bizarre. | |
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| £13m pre tax loss on 20:38 - Apr 28 with 2125 views | majorraglan |
| £13m pre tax loss on 19:18 - Apr 28 by ReslovenSwan1 |
Downes went to West Ham on 7 July 2022 so hopefully the numbers do not include all of West Ham Cheques. It may cover the Connor Roberts / Jamal Lowe sales which were at the lower end. £4-5m.
I have always had the impression that the club works at a monthly deficit of £1m so needs to sell a £12m worth of players each season. Rodon at the end of the Cooper first year. [Post edited 28 Apr 2023 19:22]
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I’d imagine the Downes transfer will be paid in instalments, that’s usually what happens, however a lot of clubs cash in future transfer fees at a discount to get the money upfront. The only way to check that is by looking at Companies House for charges etc. | | | |
| £13m pre tax loss on 21:25 - Apr 28 with 2045 views | Joesus_Of_Narbereth |
| £13m pre tax loss on 17:47 - Apr 28 by Dr_Winston |
These are the accounts to Jul 2022. The previous accounts would have been to Jul 2021, which included parachute payments.
Plenty of people make accusations of asset stripping. Plenty accuse them of lacking ambition by not spending millions in every window when it is patently obvious that the club can't afford it. Can you imagine the howls of outrage if they cut back even more as you seem to suggest they should? |
Also the stadiums were closed for the majority of that year so no gate receipts etc. it probably explains the increase in broadcasting money as more games were shown on telly, more people using Ifollow etc.
Covid has completely skewed the figures. |  |
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| £13m pre tax loss on 10:23 - Apr 29 with 1828 views | Dr_Winston |
| £13m pre tax loss on 21:25 - Apr 28 by Joesus_Of_Narbereth |
Also the stadiums were closed for the majority of that year so no gate receipts etc. it probably explains the increase in broadcasting money as more games were shown on telly, more people using Ifollow etc.
Covid has completely skewed the figures. |
Definitely. £4m plus extras would have gone out on Ayew's contract too. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £13m pre tax loss on 11:04 - Apr 29 with 1786 views | Dr_Winston |
| £13m pre tax loss on 19:51 - Apr 28 by Badlands |
Any other conclusion would bizarre. |
Lot of people out there still won't hear a word against him. Lot of people out there still convinced that recent results are a natural outcome of the "process" rather than the abandonment of it. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £13m pre tax loss on 11:15 - Apr 29 with 1776 views | KeithHaynes |
| £13m pre tax loss on 11:04 - Apr 29 by Dr_Winston |
Lot of people out there still won't hear a word against him. Lot of people out there still convinced that recent results are a natural outcome of the "process" rather than the abandonment of it. |
The casual observers view indeed.
As we all are. | |
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