Breakdown of BHA Financial Report

knocky1 · Feb 6, 2014

Can we have a thread looking at the results without naming anyone at the club but just looking at figures?

I have a few questions. First is the report for the financial year 2012/13 or for the football season? If the latter the televised play off fixtures are excluded.

Secondly from The Argus article (I know they usually get things wrong) I take it that we made a 6.1 million loss for 2012/13 plus the carried over loss of 8.6 million from 2011/12 to give 14.7 million loss. At least this is a step in the right direction.

Enlightenment please.

Gazwag · Feb 6, 2014

Football accounts are for the year ended 30 June

Vegas Seagull · Feb 6, 2014

What will this new thread do that the other one of 449 posts cannot achieve? If you cannot manage to handle answers via the other thread then you clearly are not going to be able to make much use of the data.

Bob! · Feb 6, 2014

knocky1 said:
Can we have a thread looking at the results without naming anyone at the club but just looking at figures?

I have a few questions. First is the report for the financial year 2012/13 or for the football season? If the latter the televised play off fixtures are excluded.

Secondly from The Argus article (I know they usually get things wrong) I take it that we made a 6.1 million loss for 2012/13 plus the carried over loss of 8.6 million from 2011/12 to give 14.7 million loss. At least this is a step in the right direction.

Enlightenment please.

£14.7m loss is for the one season surely?

not 2 seasons added together.

Gazwag · Feb 6, 2014

Vegas Seagull said:
What will this new thread do that the other one of 449 posts cannot achieve? If you cannot manage to handle answers via the other thread then you clearly are not going to be able to make much use of the data.

TBF I have given up on the "offical" thread as it has decended into Poyet this Poyet that, guesses at transfer fees/wages and generally posters sho haven't a clue posting guesswork.

Machiavelli · Feb 6, 2014

knocky1 said:
Can we have a thread looking at the results without naming anyone at the club but just looking at figures?

I have a few questions. First is the report for the financial year 2012/13 or for the football season? If the latter the televised play off fixtures are excluded.

Secondly from The Argus article (I know they usually get things wrong) I take it that we made a 6.1 million loss for 2012/13 plus the carried over loss of 8.6 million from 2011/12 to give 14.7 million loss. At least this is a step in the right direction.

Enlightenment please.

Can I make a suggestion to knocky1 and others who are interested in Brighton's finances. Don't start a thread or pose questions. Just go to El Presidente's profile, and read his posts. He's made plenty of them on this subject over the last 24 hours.
There are ways of using NSC more productively and, I'd suggest, that this is one of them.

knocky1 · Feb 6, 2014

Machiavelli said:
Can I make a suggestion to knocky1 and others who are interested in Brighton's finances. Don't start a thread or pose questions. Just go to El Presidente's profile, and read his posts. He's made plenty of them on this subject over the last 24 hours.
There are ways of using NSC more productively and, I'd suggest, that this is one of them.

I had just thought of that. that is the advice I wanted and I am sure it will help a number of users? cheers.

Machiavelli · Feb 6, 2014

knocky1 said:
I had just thought of that. that is the advice I wanted and I am sure it will help a number of users? cheers.

Hamilton · Feb 6, 2014

It's a £14.7m loss.

We're playing Donny on Saturday.

What more do we need to know?

dougdeep · Feb 6, 2014

Is everybody allergic to question marks?

knocky1 · Feb 6, 2014

What?

knocky1 · Feb 6, 2014

Bob! said:
£14.7m loss is for the one season surely?

not 2 seasons added together.

Not allowed to talk about it, here.

Dick Knights Mumm · Feb 6, 2014

knocky1 said:
Not allowed to talk about it, here.

Excellent. Now we can use this thread to talk about Gus.

Does anyone think he is properly appreciated for his achievements at the Albion ?

fosters headband · Feb 6, 2014

Bob! said:
£14.7m loss is for the one season surely?

not 2 seasons added together.

Well I will risk answering Bob. I read the article in the Argus and my understanding is the same as knocky £14.7 total over the two years, which if correct is better than Barber was anticipating, when he said it was an £8 mill last year and that we were on track to record the same this year, which would have meant £16+mill surely?

Bozza · Feb 6, 2014

The loss for the 12 months ending June 2013 was £14.7m. The loss for the preceding 12 months was £8.6m.

The loss just reported is NOT a compound figure covering 2 years.

Notters · Feb 6, 2014

Gazwag said:
TBF I have given up on the "offical" thread as it has decended into Poyet this Poyet that, guesses at transfer fees/wages and generally posters sho haven't a clue posting guesswork.

I think you just dropped the P-Bomb!

fosters headband · Feb 6, 2014

Bozza said:
The loss for the 12 months ending June 2013 was £14.7m. The loss for the preceding 12 months was £8.6m.

The loss just reported is NOT a compound figure covering 2 years.

I am not a financial person other than my household budget. I really do not understand how can we have a guy brought in, who's job it is to get the club financially on track and announce a loss of £8 mill (not his fault) in his first year and pronounce at the time, that next years loss he expects to be the same, but he will working hard to reduce this level of loss. The very next set of accounts under his control he not only fails in his projection, but the loss increases around 40%. Is that an unfair summary of what has happened?

Braders · Feb 6, 2014

Hamilton said:
It's a £14.7m loss.

We're playing Donny on Saturday.

What more do we need to know?

What tea everyones drinking for the game?

Hamilton · Feb 6, 2014

Braders said:
What tea everyones drinking for the game?

Builders please.

Gazwag · Feb 6, 2014

fosters headband said:
I am not a financial person other than my household budget. I really do not understand how can we have a guy brought in, who's job it is to get the club financially on track and announce a loss of £8 mill (not his fault) in his first year and pronounce at the time, that next years loss he expects to be the same, but he will working hard to reduce this level of loss. The very next set of accounts under his control he not only fails in his projection, but the loss increases around 40%. Is that an unfair summary of what has happened?

Sometimes you have to spend to turn things around, redundancy costs for example, there was probably a lot of wastage pre-Barber.

I think its going to be 12 months time before we can really see what is happening. It should be remembered these accounts are 7 months out of date and almost certainly include ZERO income regarding the Amex sponsorship who's deal must be significantly higher than B&H Jobs was. Also they may include the full cost of the digital advertsing boards and we only had 5 months income from them.

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Breakdown of BHA Financial Report

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