Decent Financial Performance - Annual Accounts 31st Dec 2014

[PeteWaller]

Not bad reading, here are a few excerpts with last years in Brackets, I have posted on Banter as well :-

Turnover 10,998,390 (7,071,695)

Gross Profit 2,504,930 (5,641,656)

Admin Expenses 2,337,557 (1,899,411)

Operating Profit 170,706 (Loss of 469,372)

Interest Payable 3,494 (7,651)

Profit Before Tax 167,212 (Loss 477,023)

Tax 29,295

Profit for the Year 137,917

Some other stuff :-

Wages and Salaries 4,818,523 (3,774,013)

Match Receipts 2,613,807 (2,026,087

Central Distributions 2,811,502 (1,125,290) Haven't a clue what this is?

Commercial Revenue 3,067,631 (3,389,930)

Merchandising Income 699,501 (384,589)

Media Receipts 188,250 (9000)

Other Receipts 1,617,699 (136,799)


But boy are we fishing with the big boys in this League

[Rothbiz]

Thanks for the heads up. I'll have an article up tomorrow.

[Rothbiz]

BTW, central distributions are the monies paid to clubs from the Football League and is mostly from their TV deals.

[PeteWaller]

BTW, central distributions are the monies paid to clubs from the Football League and is mostly from their TV deals.

Cheers mate

[John2]

Interesting that both rights payments and commercial revenue generate more income than ticket sales.

This gives me tremendous hope that if we can get the commercial side of things right - redevelop the G&C area and make it an entertainment/shopping hub for the town center we can punch way above our attendances weight... and if we get the football aspect right and expand the stadium, those attendances revenues could increase too.

[gm_gm]

Interesting that both rights payments and commercial revenue generate more income than ticket sales.

This gives me tremendous hope that if we can get the commercial side of things right - redevelop the G&C area and make it an entertainment/shopping hub for the town center we can punch way above our attendances weight... and if we get the football aspect right and expand the stadium, those attendances revenues could increase too.

Was about to post the same...perhaps any ground extensions will include more corporate facilities.

If we can overcome the obstacles of G&C it will generate income per square foot which could equate to another few thousand season tickets. Gone a bit quiet on this front would be nice if RothBiz could give an update

[caytonmiller]

so did we run at a loss or profit?

[gm_gm]

A creditable profit Cayton

Well done TS

[caytonmiller]

so will this put an end to posters moaning SE has wasted money on poor/loan signings?

[LiverDamage]

No the point is he could have had better if he'd used it better..UTM