25-05-2021, 02:20 PM
The 2020 accounts issued March 2021 for the year end June 2020 show a profit of just £187,719. That's about twice the profit of a decent one man band IT contractor.
Perhaps you refer to EBITDA - which is just north of £2 million.
Can't imagine the 2021 accounts are going to be better considering a whole season in lockdown.
Turnover was £11.2 million. Of this ticket sales were £5.4 million, £2.2 from the Football League, TV was £900K, sponsors and partners £1.1 million. Where's the £7 million from advertising?
Employee costs alone were in excess of £8 million.
So on a gross profit of 3.3 million you can add player sales of £2.2 million, other operating income of about £500K. But then remove operating expenses of £4 million, depreciation and amortisation of £1.8 million.
Septic - Where on earth are you getting your numbers from?
Perhaps you refer to EBITDA - which is just north of £2 million.
Can't imagine the 2021 accounts are going to be better considering a whole season in lockdown.
Turnover was £11.2 million. Of this ticket sales were £5.4 million, £2.2 from the Football League, TV was £900K, sponsors and partners £1.1 million. Where's the £7 million from advertising?
Employee costs alone were in excess of £8 million.
So on a gross profit of 3.3 million you can add player sales of £2.2 million, other operating income of about £500K. But then remove operating expenses of £4 million, depreciation and amortisation of £1.8 million.
Septic - Where on earth are you getting your numbers from?