Leicester's income of £31m in 2013/14 compares well to the £19m they generated (whilst also in the Championship) in 2012/13. The increase was due to the club signing an agreement with a company called Trestellar, who managed to triple commercial income from £5m to £15m with some sponsorship...
A lot of the figures are very erratic because of the way that player sale profits are booked. Collectively that generated £244 million of profit for PL clubs.
I'm just trying to point out that those who think that TB will get a return on his investment IF we are promoted are wrong, although at...
The Premier League being paved with profits is a myth. Research by a football finance DULLARD at some university or other has revealed that 15 Premier League clubs have to date reported their results for last season. Together those clubs generated revenue of just over £3 billion, paid out of...
They seem to run a reasonably tight ship and broke even in the last year for which I can find records. There's no one to lend them money at present, as they are a community club, so cannot spend beyond their means any more...unless the ex head of Disney, Michael Eisner, decides to pursue his...
It's proceeds less book value of the registration.
Example: Sign a player for £20m on a four year contract, and sell him at end of year two for £14 million.
Gain in accounts is £14m less (20 x 2/4) = £4 million profit, even though it seems to be a loss of £6 million to fans.
You are effectively getting a tax break which can be carried forward against future profits.
In the 2016/17 accounts you will also have the benefit of about £2.5m from a Mr T Pulis, and, setting aside rivalries, I'm delighted that you won that case. I do have a very interesting tale about the...
As any expert knows, it is common practice to discuss pre-tax profits and losses, which is where the difference of £1.4 million arises. The vagaries of the tax system create inconsistencies in the reported figures.
Amortisation (£18m) and impairment (£2m) of player registrations. If they sign a player for (say) £10m on a four year contract then each year 1/4 of the transfer fee is charged as an expense to the profit and loss account.
I wouldn't like to guess.
There are some unusual transactions with companies controlled by the directors though. One is called Smoke and Mirrors Ltd (controlled by Parish) which rents some property to Palace for £78,000, and the other sold wine for £58,000 (presumably for hospitality etc) and...