Finances

[Svlad Cjelli]

Not again!

For the 4th time in the past 3 weeks, the distribution of play-of money is :

Semi-finals : All money (after expenses) from all 4 games is split 50% to the FL "Pool" then 12.5% to each team.

Final : All money (after expenses) from this game is split 50% to the FL "Pool" then 25% to each team.

[Hoop Blah]

Dirk, to be fair to those posting above, I think they've pretty much got that bit now, it's more about how much value those percentage are worth to the club.

Basically the way I look at it is that the clubs done pretty well out of this season financially and we're now in a better position than we were last year.

The parachute payments might have gone but once we've lost the last of the former Premier League players our wage bill will be closer to where we want it to be as a top half Championship club.

Our budget from last season will probably have been showing a big positive figure as we won't have budgetted for £7m from Sigurdsson and all the money from the successes we've had on the pitch. How big that surpluss is doesn't worry me too much.

[roadrunner]

Best Estimates (to be updated)

I realise these may be way off.


IN

4qq.0 Million Sale of Shane Long
2.0 Million Play-Off Final
1.0 Million Man City FA Cup
0.7 Million Everton FA Cup
0.3 Million PO Semi

8.0 Million

Wages saved.

5K per week (Presumed "extra" Shane was earning")
6K per week (Mooney and Armstrong)



Other Possible Transfers


2.0 Million Mills
1-3 Million Kebe
1-3 Million Federici or McCarthy
0.5 Million McAnuff
0.3 Million Howard

Ingimarsson's sizeable wage saved.

[Ian Royal]

Given that almost certainly none of us have a jeffing clue what the costs associated with staging a match are and what bonuses might be involved in players wages there is basically zero point in trying to work any of this out.

Anything anyone can come up with is so fantastically pie in the sky, with such a large margin for error as to be able to tell us absolutely nothing.

[Schards#2]

You could, of course, drop irony, drop sarcasm,
drop fighting stances, drop factions, and try
to actually answer the questions.


For example, we might get as little as 750K from the PO Final, or as much as 4 Million. I really do not know.

Does anyone?

My understanding was that 50% of the play off final revenue goes to the clubs and, traditionally, the winners give their share to the losers. So if we take an average ticket price at, say £55, 55 X 86000 = 4.73m, divided by two = £2.36m

You failed to take into account all the costs of staging the match which are deducted before anything is divvied up. Also there was a lot of kids and OAPs in attendance at the playoff which will reduce the average ticket price a fair bit.

I don't think I've 'failed' at anything, I've just taken a best guess at answering Snowball's question.

Given that the most adult seats were £64+ going up to £90 odd, an average of £55 to take account of concessions and running costs is probably on the cautious side but it's only a guess.

[Snowball]

[

My understanding was that 50% of the play off final revenue goes to the clubs and, traditionally, the winners give their share to the losers. So if we take an average ticket price at, say £55, 55 X 86000 = 4.73m, divided by two = £2.36m

We also get 12.5% of gate receipts from the 4 semis, say £20 X 20,000 = £400,000, X 4, X 12.5% = £200,000

Plus TV Revenue and FA Cup TV and performance revenue

Thanks Schards... 2.36 + .2 + 24 = 2.8 Million EXTRA funds and then Man C and Everton gates/TV and prize money


Looks like these are approaching 4 Million in total, before any player sales

[ZacNaloen]

There will be performance bonuses for the results that got us to Wembley, this extra money could well be only just enough to cover those for all we know.

[Snowball]

My understanding was that 50% of the play off final revenue goes to the clubs and, traditionally, the winners give their share to the losers. So if we take an average ticket price at, say £55, 55 X 86000 = 4.73m, divided by two = £2.36m

You failed to take into account all the costs of staging the match which are deducted before anything is divvied up. Also there was a lot of kids and OAPs in attendance at the playoff which will reduce the average ticket price a fair bit.[/quote]


First, weren't the cheapest seats £62 for adults, rising to the 98 I had to pay? Say an average of 75-80.

Then what proportion of fans were 18-64.9? I'd say at least 3/4

.25 at 40 quid .75 at 80 quid is an average of 70 quid a ticket, so 55 seems low, if anything

[Wycombe Royal]

Given that the most adult seats were £64+ going up to £90 odd, an average of £55 to take account of concessions and running costs is probably on the optimistic side but it's only a guess.

Corrected for you

[Snowball]

Dirk, to be fair to those posting above, I think they've pretty much got that bit now, it's more about how much value those percentage are worth to the club.

Basically the way I look at it is that the clubs done pretty well out of this season financially and we're now in a better position than we were last year.

The parachute payments might have gone but once we've lost the last of the former Premier League players our wage bill will be closer to where we want it to be as a top half Championship club.

Our budget from last season will probably have been showing a big positive figure as we won't have budgetted for £7m from Sigurdsson and all the money from the successes we've had on the pitch. How big that surpluss is doesn't worry me too much.

Exactly.

Say, for simplicity LAST SEASON there was a 4 Million "Black Hole"

7M in, less say 1M for Elwood leaves 6M.

Less the 4M leaves 2M

Less 500K for Manset-Williams-Morrison leaves 1.5 M

The various movements out, Cisse, Matejovsky, Rasiak lowered our wage costs, and Gunnar/Ingi got lowered wages.

Say we upped Shane's earnings 5K a week... that's 260K

Still looks like a surplus of 1.14 Million.

Now add in Man City (1M), Everton, two PO semis, (3 together 1M) PO Final worth approx 2M and we get to 5.14 Million extra income.

Less some bonuses. Be extreme and say the total 1.14 MILLION. Leaves 4M.

I truly fail to see how there can be any black hole this season.

And virtually all players (except Shane) will be on sensible championship wages

[Schards#2]

In the plus column should also be an unexpected spike in Shirt/Merchandise sales and higher than anticipated season ticket sales.

[Hoop Blah]

In the plus column should also be an unexpected spike in Shirt/Merchandise sales and higher than anticipated season ticket sales.

Higher than anticipated ST sales? Weren't renewals at the same level as last season? How do you know what they anticipated?

Basically the Sigurdsson sale more than covered the short fall in budget for the season. The rest is all a bonus but we don't really know how big that surplus is and I have a hunch it'll just about be enough to cover next season projected deficit.

[Royal Lady]

I suspect a lot more people bought a season ticket prior to Monday, in the hope they'd get cheaper Prem football. Just a guess. Whereas when budgeting at the beginning of the season, they wouldn't have budgeted for a play off final or a sixth round of the FA cup either.

[Forbury Lion]

How have the chairman's other business done over the season? - Like it or not, that could be the key question in determining how much cash the club need to raise.

Didn't he get shot of the Station Hill development?

[Harpers So Solid Crew]

How have the chairman's other business done over the season? - Like it or not, that could be the key question in determining how much cash the club need to raise.

Didn't he get shot of the Station Hill development?

Only if you think that JM should lend money to the football club, which one day will need to be repaid. And he lost a lot on Station Hill, google it if you want the details.

[Toon Toon Blue army]

Basicaly, I reckon we're loaded, if not I'll be megga suprised. Very good season for this club in terms of money.

[Harpers So Solid Crew]

I suspect a lot more people bought a season ticket prior to Monday, in the hope they'd get cheaper Prem football. Just a guess. Whereas when budgeting at the beginning of the season, they wouldn't have budgeted for a play off final or a sixth round of the FA cup either.

And many of those would have been pay on the day fans, so overall money in bank, but possible less per match overall.

[STAR Liaison]

we never talk specific finances at the meetings STAR go to but there are comments made that mean I think that some of the figures for last season before Wembley are optimistic so I am just cautioning spending too much in your dreams for next season.

For instance:
crowd size was under that used in the budget.
Playing staff were over budget.

[Libertine]

Any chance of defining what "too much" is?

[Millsy]

We will have a net surplus of £4.67million and that's WITHOUT selling Long.

As Ian says we can't really know. All we can do is sort of guess and there's my totally unsubstantiated random figure above. One thing is for sure though: our finances are sound with Madejski at the helm. Much as I dislike his attitude, noone can take away from him that he runs things safely.