[Albion] Albion accounts 2021/22

[rool]

Theoretically I think, yes..

But I would question what exactly would external investors see as a great appeal to acquire a partial shareholding in the club?

I cannot imagine Tony selling the majority stake to a 3rd party.. so who would want to come in as a minority shareholder to a business that has not historically recorded profits, this year aside, and whose only means to grow revenues, to combat rising costs is to keep selling players or hope for better Tv deals.. as those are the only meaningful items on the revenue side, season tickets + commercial revenues will not adjust that much..!

Sportswashing PetroStates aside, not many shrewd investors would look at this current model and think wow what an opportunity?

Yet some thought Burnley and Bournemouth, for example, were?
I suppose the important word there is shrewd.

 

[Acker79]

24m profit? And people said the thermos flask ban wasn't about making money...

 

[El Presidente]

Albion have the lowest wage bill of any club reporting to date.

Of the clubs yet to report, will certainly be lower than Chels and Everton.

Highly probable to be lower than Palace, Newcastle, Southampton and Leeds

Expect only Burnley to be lower than the Albion.

For every £100 that Manchester United pay in wages, the Albion pay £29.94, yet we go into the FA Cup semi finals as underdogs but not by a long way.

 

[El Presidente]

It could be due to timings of purchases (1 July to 30 June) but last season was the second biggest in the club's history in terms of acquisitions.

Player sales in 2021/22 were greater than those of all the previous seasons in the club's history added together.

 

[El Presidente]

No Tony, No party.

 

[El Presidente]

So, theoretically the Cucurella/Bissouma/trossard/Potter money could offset £130m of the £220m losses.

Not quite, the player sales figures are gross figures, the profit is a bit lower.

 

[El Presidente]

For anyone who is a DULLARD and wants more figures, they are here.

 

[Echo the Seagull]

It's only a short-term "improvement". You can delay the P&L impact, but you can't escape it entirely.

And that's where the sale of the player comes into play....

Say you buy a £100m player on a 5-year contract, but he turns out to be a bit of a flop. Two years later you sell him for £50m. At that point you still have £60m of P&L impact stored up for future years, £20m per year. So, the P&L impact of that sale isn't a nice £50m positive, but actually a £10m negative (£50m - £60m) as you now have to crystallise that remaining £60m as the "asset" has been disposed of.

Chelsea's approach may help them now, but in a few years it could all unwind quite horribly for them.

Its the hope that kills you

 

[nwgull]

It could be due to timings of purchases (1 July to 30 June) but last season was the second biggest in the club's history in terms of acquisitions.

Player sales in 2021/22 were greater than those of all the previous seasons in the club's history added together.

View attachment 158622

View attachment 158624

Incredible that this current year's player sales should also be greater than all previous seasons in the club's history added together, yet we're on course for our most succesful ever season!

 

[nwgull]

For anyone who is a DULLARD and wants more figures, they are here.

View attachment 158627

What happened in 19/20 to make our commercial income almost treble? Did we take on the Man City sponsorship marketing department?

 

[Jim in the West]

It's only a short-term "improvement". You can delay the P&L impact, but you can't escape it entirely.

And that's where the sale of the player comes into play....

Say you buy a £100m player on a 5-year contract, but he turns out to be a bit of a flop. Two years later you sell him for £50m. At that point you still have £60m of P&L impact stored up for future years, £20m per year. So, the P&L impact of that sale isn't a nice £50m positive, but actually a £10m negative (£50m - £60m) as you now have to crystallise that remaining £60m as the "asset" has been disposed of.

Chelsea's approach may help them now, but in a few years it could all unwind quite horribly for them.

Going slightly OT, my guess is that these are the sort of maths that mean Chelsea cannot (yet) afford to sell Lukaku....they would realise a huge loss for FFP purposes, which clearly they don't want just now. Another year or so of amortisation might make a sale a possibility. In the meantime, the only thing that works financially is a loan deal (such as the one he's on at Inter).

 

[El Presidente]

Funny enough CEO’s are not paid as much as you might think by the big 6 . I’m lead to believe that PB is one of the highest paid CEO in the PL & wouldn’t get a massive pay rise even if he went to any of the so called big 6 teams .

Third highest in PL, but by far the best IMO.

 

[El Presidente]

What happened in 19/20 to make our commercial income almost treble? Did we take on the Man City sponsorship marketing department?

Think the club changed how it defined commercial and matchday.

 

[KZNSeagull]

For anyone who is a DULLARD and wants more figures, they are here.

View attachment 158627

What are PB Earnings and is the average weekly wage that of playing staff or all staff inc directors? Thanks awfully

 

[El Presidente]

What are PB Earnings and is the average weekly wage that of playing staff or all staff inc directors? Thanks awfully

PB earnings = Paul Barber total since joining the club

Ave Weeklly Wage is estimate of first team player only

 

[Farehamseagull]

I love Tony Bloom more and more every day. God like genius.

And massive credit to Barber too - we are so lucky to have these two driving our club.

 

[Berty23]

These figures blow my mind. I reckon it was 2004 when I got my bonus for completing the graduate training scheme at the company I was at. I donated 350 quid of it (or something like that) to get my name on a seat in the new stadium if/when it was built. Obviously it was built and obviously it became name on the floor and later a name on the wall. But it is not even 20 years since the club was asking fans for donations to survive and now we are dealing with numbers like these. It is nuts.

I took a trip to the driving range with a mate who plays in the national league. They are changing rules of payments to players who get injured. That was almost us and now we are talking about our ceo being paid millions and millions.

 

[southstandandy]

Really hope Tony can take some of this profit and the likely larger profits next season back for himself. Seems only fair for all he has done.

 

[schmunk]

PB earnings = Paul Barber total since joining the club

Presumably this is going to see a sharp uptick next season, given his PROMOTION to PBOBE.

 

[AmexRuislip]

Record revenue, profits, player sales

Tony Bloom walks on water

Cheers for posting, this is from my QPR mate