by Elm Park Kid » 24 Dec 2014 14:07
by Stranded » 24 Dec 2014 14:16
by strap » 24 Dec 2014 15:03
by glass half full » 24 Dec 2014 15:25
Stranded Anton Zingarevich
by Man Friday » 24 Dec 2014 15:35
by glass half full » 24 Dec 2014 15:43
Man Friday Please be more specific re our previous Russian owner. Did he take money out of the club? How? Is he allowed to do that or is it fraud? How much did he take? etc etc. If you don't know (like me) then please don't respond. If you do then I can't wait to read your insightful post...
by Pseud O'Nym » 24 Dec 2014 16:01
by handbags_harris » 24 Dec 2014 16:06
by blueroyals » 24 Dec 2014 16:41
by SCIAG » 24 Dec 2014 16:50
Elm Park Kid I know that you basically need a masters degree in accounting to understand football finances; and that only limited information is released, but does anyone have a broad understanding of the problems at RFC?
As far as I can tell the headline figures are:
- We receive £15m a year in parachute payments
- Total wage bill for players and staff is £13.7m*
- The club consistently makes a profit from transfers*
So are we saying that the other costs to the club are greater than sponsorship, tv money, gate revenues, match day takings, merchandising and other income combined?
Am I missing something?
*Source (http://www.getreading.co.uk/sport/football/football-news/reading-football-club-holdings-debt-8260591)
by DaddyKuhl » 24 Dec 2014 23:31
Elm Park Kid I know that you basically need a masters degree in accounting to understand football finances; and that only limited information is released, but does anyone have a broad understanding of the problems at RFC?
As far as I can tell the headline figures are:
- We receive £15m a year in parachute payments
- Total wage bill for players and staff is £13.7m*
- The club consistently makes a profit from transfers*
So are we saying that the other costs to the club are greater than sponsorship, tv money, gate revenues, match day takings, merchandising and other income combined?
Am I missing something?
*Source (http://www.getreading.co.uk/sport/football/football-news/reading-football-club-holdings-debt-8260591)
by JIM » 25 Dec 2014 08:47
by westendgirl » 25 Dec 2014 10:19
Elm Park Kid I know that you basically need a masters degree in accounting to understand football finances; and that only limited information is released, but does anyone have a broad understanding of the problems at RFC?
As far as I can tell the headline figures are:
- We receive £15m a year in parachute payments
- Total wage bill for players and staff is £13.7m*
- The club consistently makes a profit from transfers*
So are we saying that the other costs to the club are greater than sponsorship, tv money, gate revenues, match day takings, merchandising and other income combined?
Am I missing something?
*Source (http://www.getreading.co.uk/sport/football/football-news/reading-football-club-holdings-debt-8260591)
by Sutekh » 25 Dec 2014 13:11
westendgirlElm Park Kid I know that you basically need a masters degree in accounting to understand football finances; and that only limited information is released, but does anyone have a broad understanding of the problems at RFC?
As far as I can tell the headline figures are:
- We receive £15m a year in parachute payments
- Total wage bill for players and staff is £13.7m*
- The club consistently makes a profit from transfers*
So are we saying that the other costs to the club are greater than sponsorship, tv money, gate revenues, match day takings, merchandising and other income combined?
Am I missing something?
*Source (http://www.getreading.co.uk/sport/football/football-news/reading-football-club-holdings-debt-8260591)
The thing you are missing is the rest of the seasons costs. The wages are several times the figure you quote as that is only the period after RFCHoldings bought back the football club from TSI.
If you really think the wages for a Championship club recently in the Prem could be that low you have no idea how much players are taking from the game.
by blueroyals » 25 Dec 2014 15:20
SutekhwestendgirlElm Park Kid I know that you basically need a masters degree in accounting to understand football finances; and that only limited information is released, but does anyone have a broad understanding of the problems at RFC?
As far as I can tell the headline figures are:
- We receive £15m a year in parachute payments
- Total wage bill for players and staff is £13.7m*
- The club consistently makes a profit from transfers*
So are we saying that the other costs to the club are greater than sponsorship, tv money, gate revenues, match day takings, merchandising and other income combined?
Am I missing something?
*Source (http://www.getreading.co.uk/sport/football/football-news/reading-football-club-holdings-debt-8260591)
The thing you are missing is the rest of the seasons costs. The wages are several times the figure you quote as that is only the period after RFCHoldings bought back the football club from TSI.
If you really think the wages for a Championship club recently in the Prem could be that low you have no idea how much players are taking from the game.
Players only take it as idiot clubs offer it.
by West Stand Man » 25 Dec 2014 21:28
blueroyals
And idiot clubs can only offer it thanks to Sky/BT.
by From Despair To Where? » 25 Dec 2014 21:41
West Stand Manblueroyals
And idiot clubs can only offer it thanks to Sky/BT.
And Sky /BT can only offer it thanks to idiot viewers prepared to pay over the odds for their services.
It is incredibly naive to think that Sky and BT pay all that money for the benefit of the clubs or out of a sense of evil and the desire to corrupt football. They pay it because they can get enough punters to fund it and leave them with a hefty profit. So, it all comes down to the fans!
by melonhead » 25 Dec 2014 23:28
SutekhwestendgirlElm Park Kid I know that you basically need a masters degree in accounting to understand football finances; and that only limited information is released, but does anyone have a broad understanding of the problems at RFC?
As far as I can tell the headline figures are:
- We receive £15m a year in parachute payments
- Total wage bill for players and staff is £13.7m*
- The club consistently makes a profit from transfers*
So are we saying that the other costs to the club are greater than sponsorship, tv money, gate revenues, match day takings, merchandising and other income combined?
Am I missing something?
*Source (http://www.getreading.co.uk/sport/football/football-news/reading-football-club-holdings-debt-8260591)
The thing you are missing is the rest of the seasons costs. The wages are several times the figure you quote as that is only the period after RFCHoldings bought back the football club from TSI.
If you really think the wages for a Championship club recently in the Prem could be that low you have no idea how much players are taking from the game.
Players only take it as idiot clubs offer it.
by Stevie G » 26 Dec 2014 11:22
by Man Friday » 26 Dec 2014 12:09
Users browsing this forum: No registered users and 43 guests