The financial experts will be out in force soon
Extracts from the Accounts which some may find interesting (2107 figures at side to give comparison)
Average League Attendance 8514 v 9783
Season Tickets Sold 5582 v 6194
Turnover 9,967,653 v 12,949,528
Loss Before Taxation 510,601 v 1,219,867
P&L Account -4,413,543 v -3,902,942
More detail can be obtained from companies house direct http://direct.companieshouse.gov.uk/
RUFC company number is 06550400. Costs £1to get a copy of the accounts downloaded
The financial experts will be out in force soon
Am I reading it the right way round, We are down on season tickets?
Surprised at that because I thought we sold more, we’re in championship and sold less tickets, amazing
Last edited by millertop; 26-02-2019 at 11:46 AM.
Yes, but bear in mind that these are the accounts for last season.
The accounts contain a thank you message to season ticket holders, which is a nice touch. They also confirm that ASD covered some of the reduced revenue following relegation by increased sponsorship, which is something to bear in mind when considering the actions of the club's owners.
So the losses aren't as severe but still a loss making operation.
Shows that size wise we are a league 1 club at best
Could have been a much gloomier picture to be honest
2017/18 figures are first (on left)
Wage bill reduction of 2.4 million.. so it looks like players/staff have a 25% relegation Clause written into there contracts or Stubbs spent/wasted way above his means on has been ex premium players..