warmleyseagull
Well-known member
Isn't it a Football League requirement so they can impose any transfer bans in Jan if FFP rules been broken?
Got something to say or just want fewer pesky ads? Join us... 😊
[Albion] Albion accounts 2014-15
- Thread starter Titanic
- Start date
Isn't it a Football League requirement so they can impose any transfer bans in Jan if FFP rules been broken?
At June '14 we had just finished the Errea relationship and were just starting with Nike. New Nike shirts weren't available until the end of July '14.
My guess would be that the club had almost no stock left at June '14 but, since then, the Nike stuff has arrived. As such, last year was probably an artificially low figure whilst this year's might be more like BAU.
warmleyseagull
Well-known member
They are indeed the consolidated accounts. Note 18 shows that there is no net P&L activity in the holding company during 14/15 so the combined loss arose in the two trading subs: BHAFC Ltd, and Community Stadium Ltd. I may be corrected, but my understanding is that there is not much (yet anyway) within CSL so the loss is substantially what will be reported to Football League.
smiler
Active member
On the breadline after all" we are all in this together"
saafend_seagull
Well-known member
accumulated losses of 74M, at least tony won't be paying any tax
over 2 millie of players bought with potential additional fees to pay out on - wonder who thats for ? Hemed and Murphy?
over 2 millie of players bought with potential additional fees to pay out on - wonder who thats for ? Hemed and Murphy?
Yep, that makes sense. Of course, there are costs that you can strip out when seeing if you comply with FFP. The accounts say that the club will have met FFP, so, ones assumes, that when the allowable costs have been stripped out, the loss is low enough to meet FFP.
lost in london
Well-known member
Even worse if he had been fired and claimed his full compensation due.
grummitts gloves
New member
Could be worse, could be like Bolton and their eye watering £172m debt!
- Jun 27, 2012
- 13,946
Just more detail on the increase in the football budget for the Hyppia / Hughton 2014/15 season.
It went up 14% from £20m to £23m - "highest ever"
"This includes the wages of players and football staff, the costs of the Academy and training ground running costs. We have continued to increase our football investment, and in particular players' wages to give ourselves the best possible chances of success on the pitch".
Puts to rest any suggestion, and there were many on here, that the club stopped spending after Gus left and means that despite everything we almost certainly had a top 10 football budget last season in the Champ. Except that we blew it on the likes of Holla, O Grady, Colunga, Gardner, Bent, Bennett, Best, Agustien, McCourt, and CMS. (and Baldock, Stockdale, Teixeira, and Kayal).
ie: Goodbye Burke. Goodbye Sami.
Bloom and Barber have already insisted again, publicly, that the football budget for 2015/16 has increased further which is perhaps easier to believe..
It went up 14% from £20m to £23m - "highest ever"
"This includes the wages of players and football staff, the costs of the Academy and training ground running costs. We have continued to increase our football investment, and in particular players' wages to give ourselves the best possible chances of success on the pitch".
Puts to rest any suggestion, and there were many on here, that the club stopped spending after Gus left and means that despite everything we almost certainly had a top 10 football budget last season in the Champ. Except that we blew it on the likes of Holla, O Grady, Colunga, Gardner, Bent, Bennett, Best, Agustien, McCourt, and CMS. (and Baldock, Stockdale, Teixeira, and Kayal).
ie: Goodbye Burke. Goodbye Sami.
Bloom and Barber have already insisted again, publicly, that the football budget for 2015/16 has increased further which is perhaps easier to believe..
Alex Alex Dawson oo! oo!
Primary data is fact
Having not yet donated my employer's £2 to CH for the individual BHAFC Ltd & CSL accounts (assuming they are available now) I wouldn't like to comment. However, last season (ie 2013/14) they both included the annual stadium rent of £1M paid to CSL by BHAFC Ltd and I expect to see an annual rental for the completed Training Ground (also owned by CSL) to appear this year.
seagulls4ever
New member
- Oct 2, 2003
- 4,338
I haven't had a chance to read the report yet.
I presume that's gross spend rather than net spend. This is a manipulation of statistics and therefore doesn't quite tell the whole story. A 6M surplus from player sales takes that figure down considerably. I'd be interested to compare net spend compared to our first and second seasons in the Championship.
It's largely the same as us. Large debt to a single man.
The key difference is Tony Bloom's ongoing commitment to us. Bolton seem to have lost the support of Eddie Davies.
You don't need to pay for Brighton & Hove Albion Holdings Limited - http://www.seagulls.co.uk/documents/bha-holdings-signed-accounts-june-15229-2829507.pdf
Dare I ask again how Albion Sports and Leisure fit into things, as they're the ones building the hotel according to this:
http://padocs.lewes.gov.uk/AniteIM.WebSearch/Download.aspx?Download=00223957.pdf
The other key difference being that most of our debt was for building a fantastic stadium and training facility (assets) whereas most of Bolton's debt has been pissed up the wall on ridiculous transfer fees, wages and payments to agents (£15m on Elmander anyone?).
- Jun 27, 2012
- 13,946
Its grim at Bolton at the moment but Eddie Davies , ie: Bolton's Tony Bloom equivalent, has made it clear he will write off the debt/his loans if the club is sold. For reasons that aren't clear, he's decided that he no longer wishes to finance the club. (i think he's down to his last £100m from a fortune made from selling bits of kettles)
http://www.telegraph.co.uk/sport/12...-Munich-to-Brentford-has-no-end-in-sight.html
http://www.bbc.co.uk/sport/0/football/34908977
grummitts gloves
New member
Which was my next question, is Mr Davies as financially stable and is £172m their total debt or is it higher? Risky if he's waiting on a buyer as they don't strike me as the most attractive proposition at the moment. Either way, thank our lucky stars for TB.
- Jun 27, 2012
- 13,946
its not a manipulation of statistics at all.
This is the net football budget and excludes player depreciation and amortisation.
Our football budget year by year goes like this...
In pre- Withdean decade the budget hovered between £4m and £6m
Amex budgets have been...
2011/12 - £13m
2012/13- £19m
2013/14- £20m
2014/15 -£23m
via http://swissramble.blogspot.co.uk/2015/01/brighton-and-hove-albion-love-at-pier.html
Blue Valkyrie
Not seen such Bravery!
If he is down to his last 100 million, he won't want to be losing many millions each year going forward. That is understandable. He'll end up penniless if he keeps funding them, so wants to cut his losses before that.
S'hampton Seagull
Well-known member
Page 14, Current assets less liabilities £223m. Is that Uncle Tony's contribution to BHA?