Can't be right.
If my maths is correct, that means that expenses + VAT = 17%. Surely VAT alone is 20%???
Ticket income = £200k less 17% expenses / VAT = £166k
BHA take 45% cut = £74k which equates to the 37.5 pence in the pound. I'm not an accountant so could be completely off track here!
With FFP high on the radar and ignoring the £67k prize money, how much money did we make yesterday bearing in mind the cheap tickets.
Crowd 20k x £10 average per ticket = £200k gate receipts before expenses. This needs to be split three ways (BHA / Reading / FA). Not sure how the catering or...