Welcome to the LTLF Forest Forum.
Results 1 to 25 of 25

Thread: A list of Championship clubs' finances

      
  1. #1
    Senior Member
    Join Date
    Apr 2007
    Posts
    3,288

    Default A list of Championship clubs' finances

    I can't vouch for its accuracy, but it's very interesting non the less.

    http://www.insidermedia.com/insider/...ship-club-club

    Birmingham City
    Company name: Birmingham City plc
    Owned by: Birmingham International Holdings, a Hong Kong-listed group now in receivership
    Turnover: £20.1m (£24.2m)
    Pre-tax loss: £5.5m (-£4.1m)
    Net debt: Not stated
    Total loans: £11.7m
    Wages and salaries: £18m
    Bank: HSBC
    Auditor: Edwards Chartered Accountants
    Y/E: 30 June 2014
    Despite manager Gary Rowett stabling the Blues' on field performance, the club's off field future is much less certain. Owner Birmingham International Holdings is in receivership with Carson Yeung, its largest shareholder, facing money laundering charges in Hong Kong. A company called Trillion Trophy Asia Ltd is in talks with receivers from EY to buy the club.

    Blackburn Rovers
    Company name: Blackburn Rovers Football and Athletic
    Owned by: Venky's London Ltd, owned by V H Group, an Indian company with interests in poultry, processed food, animal vaccines and pharmaceuticals
    Turnover: £30.4m (£26.9m)
    Pre-tax loss: £42.1m (-£36.5m)
    Net debt: £79.8m
    Wages and salaries: £34.5m
    Bank: State Bank of India
    Auditor: KPMG
    Y/E: 30 June 2014Turnover rose by £3.5m as attendances remained steady at 14,900, but the losses meant a transfer embargo was imposed for breaching Financial Fair Play regulations. Since the 2015 year-end, Rovers have sold Rudy Gestede to Aston Villa and the departure of top striker Jordan Rhodes to help balance the books remains a possibility.

    Bolton Wanderers
    Company name: Bolton Wanderers Football & Athletic Company
    Owned by: Isle of Man businessman Eddie Davies, a self-made millionaire, and Fildraw Private Trust, a company registered in Bermuda
    Turnover: £30.6m (£28.5m)
    Pre-tax loss: £9.1m (-£50.7m)
    Net debt: £182.1m
    Wages and salaries: £27.6m
    Bank: Barclays
    Auditor: Deloitte
    Y/E: 30 June 2014
    Chairman Phil Gartside described Eddie Davies' support as "humbling" but it's no secret the businessman is now looking for an exit as Wanderers' dream of a return to the Premier League dwindles. Investment in Neil Lennon's playing squad has been sparse this summer.

    Brentford
    Company name: Brentford FC Ltd
    Owned by: Matthew Benham, a betting industry tycoon and owner of Danish side FC Midtjylland
    Turnover: £3.3m (£3.9m)
    Pre-tax loss: £8.7m (-£4.5m)
    Net debt: £19.2m
    Wages and salaries: £8.9m
    Bank: Barclays
    Auditor: Levy + Partners
    Y/E: 30 June 2014
    After reaching the playoffs last season, the Bees will be hoping to go one better this time around and make the step up to the Premier League under new manager Marinus Dijkhuizen. A season of Championship football and its associated TV money will have increased 2015's turnover significantly.

    Brighton & Hove Albion
    Company name: Brighton & Hove Albion Holdings
    Owned by: Tony Bloom, a sports bettor and property investor
    Turnover: £24m (£23.4m)
    Pre-tax loss: £10.6m (-£15.3m)
    Net debt: Not stated
    Total loans: £62.5m
    Wages and salaries: £18m
    Auditor: Mazars
    Y/E: 30 June 2014
    Brighton remain reliant on investment from Tony Bloom – all loans are owed to him and are interest-free. He continues to cover the club's ongoing losses and is committed to funding future losses as the Seagulls seek promotion under Chris Hughton.

    Bristol City
    Company name: Bristol City Holdings
    Owned by: Pula Sport, owned by billionaire and Hargreaves Lansdown co-founder Steve Lansdown
    Turnover: £6.1m (9.9m)
    Pre-tax loss: £9.5m (-£13m)
    Net debt: £25.6m
    Wages and salaries: £9.9m
    Bank: Barclays
    Auditor: Deloitte
    Y/E: 31 May 2014
    The newly promoted club have a £20m interest-free loan from Lansdown, who continues to bankroll the Cherries. In April he revealed he hopes to take the club to the Premier League at the first time of asking and recent multimillion-pound bids for the likes of Crystal Palace striker Dwight Gayle suggest he is willing to put his money where his mouth is.

    Burnley
    Company name: Burnley Football & Athletic Company
    Owned by: Chairman Mike Garlick holds a 31.2 per cent stake, while directors including John Banaszkiewicz and Brendan Flood also have shares
    Turnover: £15.5m (£15.3m)
    Pre-tax loss: £7.9m (-£7.6m)
    Net debt: £4.6m
    Wages and salaries: £18.8m
    Bank: Lloyds
    Auditor: Cassons Business Advisers
    Y/E: 30 June 2014
    Despite suffering relegation from the Premier League, the club's balance sheet will have been significantly strengthened by their season mixing it with football's elite. Parachute payments this year will mean Sean Dyche's side are better placed to challenge for promotion than most.

    Cardiff City
    Company name: Cardiff City Football Club
    Owned by: Vincent Tan, the Malaysian businessman
    Turnover: £79.9m (£14.6m)
    Pre-tax loss: £11.7m (-£31m)
    Net debt: £81.1m
    Wages and salaries: £46.7m
    Bank: Barclays
    Auditor: Cvr Global
    Y/E: 31 May 2014
    The Bluebirds stemmed losses during the season under review, which covered their 2013/14 Premier League campaign, but the cash owed to chairman Vincent Tan continued to rise. The club's current liabilities – including sums owed to "overseas shareholders and associated undertakings" – totalled an eye watering £174m.

    Charlton Athletic
    Company name: Charlton Athletic Football Company
    Owned by: Staprix NV, a company registered in Belgium, which is 95 per cent owned by Roland Duchâtelet
    Turnover: £12.7m (£11.9m)
    Pre-tax loss: £5.7m (-£6m)
    Net debt: Not stated
    Total loans: £44.1m
    Wages and salaries: £10.4m
    Auditor: Nyman Libson Paul
    Y/E: 30 June 2014
    A total of £31m worth of debt was owed to parent company Baton 2010 Ltd, while former chairman Richard Murray and other ex-directors were owed £7m. The sale of Joe Gomez to Liverpool will no doubt help to balance the books in 2015/16.


  2. # ADS
    Circuit advertisement
    Join Date
    Always
    Posts
    Many

  3. #2
    Senior Member
    Join Date
    Apr 2007
    Posts
    3,288

    Default Re: A list of Championship clubs' finances

    Derby County
    Company name: The Derby County Football Club
    Owned by: GSE Group and chairman Mel Morris, who has made billions through King Digital Entertainment
    Turnover: £20.2m (£15.4m)
    Pre-tax loss: £7.1m (-£7.1m)
    Net debt: £14.6m
    Wages and salaries: £14.5m
    Bank: The Co-operative Bank
    Auditor: Smith Cooper
    Y/E: 30 June 2014
    Derby chief executive Sam Rush insists the club is now debt free aside from the £15m mortgage on the iPro Stadium. With the financial clout of Candy Crush tycoon Mel Morris, the Rams should be in contention for a return to the Premier League come next May.

    Fulham
    Company name: Fulham Football Club
    Owned by: Shahid Khan, a US-based billionaire who also owns Jacksonville Jaguars in the NFL, via Cougar Holdco London Ltd and Bermuda investment company Big Cat Holdings
    Turnover: £91.3m (£73m)
    Pre-tax loss: £33m (-£2.7m)
    Net debt: £24m
    Wages and salaries: £60.4m
    Bank: Santander
    Auditor: KPMG
    Y/E: 30 June 2014
    It's little over two years since Shahid Khan bought Fulham from Mohamed Al Fayed – then a Premier League club. Although there was an exodus of players last summer, the Cottagers splashed out about £18m on players over the past 12 months, although recouped about £11m through the sale of Patrick Roberts. Khan has vowed to support the club financially despite a cut in parachute payments this season.

    Huddersfield Town
    Company name: The Huddersfield Town Association Football Club
    Owned by: Dean Hoyle, founder of discount greeting cards chain Card Factory
    Turnover: £10.8m (£11.3m)
    Pre-tax loss: £6.8m (-£4m)
    Net debt: £37.4m
    Wages and salaries: £11.8m
    Bank: Lloyds Bank
    Auditor: Revell Ward
    Y/E: 31 May 2014
    Dean Hoyle, who founded Card Factory with his wife Janet in 1997, continues to bankroll the Terriers and at the year-end converted £3.5m of his existing loans to share capital. The multimillionaire has now loaned the club more than £37m since joining in April 2008. Huddersfield's losses for their most recent financial year are expected to be in the region of £6m.

    Hull City
    Company name: Hull City Tigers
    Owned by: Allamhouse Ltd, the business behind the interests of Assem Allam
    Turnover: £88.5m (£11.1m)
    Pre-tax profit: £9.4m (-£25.6m)
    Net debt: £64.8m
    Wages and salaries: £38.6m
    Bank: Lloyds Bank
    Auditor: Jacksons
    Y/E: 30 June 2014
    Promotion to the Premier League instantly inflated the club's turnover and allowed them to cut net debt by £8m and turn a profit. The 2015 year-end figures are expected to make for similar reading, although Steve Bruce's side are currently facing up to life outside of the top division. Parachute payments will help, as will the multimillion-pound sales of Tom Ince, James Chester and Robert Brady.

    Ipswich Town
    Company name: Ipswich Town Football Club Company
    Owned by: Marcus Evans through the Isle of Man-registered Marcus Evans Worldwide Holdings (IOM)
    Turnover: £13.6m (£15m)
    Pre-tax loss: £7.2m (-£9.8m)
    Net debt: £82.4m
    Wages and salaries: £13.9m
    Bank: Barclays Bank
    Auditor: KPMG
    Y/E: 30 June 2014
    Ipswich are not in debt to any financial institution with all loans owed to Marcus Evans, the conference and events entrepreneur who has a reported wealth of £765m. In the 2014/15 financial year, Evans transferred ownership of the club from a Bermuda-registered business to one in the Isle of Man.

    Leeds United
    Company name: Leeds United Football Club
    Owned by: Massimo Cellino's Eleonora Sport (75 per cent); Gulf Finance House (21.43 per cent); Leeds City Holdings [75 per cent owned by Eleonora and 25 per cent by GFH] (3.57 per cent)
    Turnover: £25.3m (£28.6m)
    Pre-tax loss: £20.3m (-£9.4m)
    Net debt: Not stated
    Total loans: £20.9m owed to GFH Capital; Eleonora Sport is owed £8.4m; Cellino is owed £1.3m; and Eleonora Immobiliaire is owed £2.5m
    Wages and salaries: £20.1m
    Bank: Barclays
    Auditor: Gibson Booth
    Y/E: 30 June 2014
    Leeds' accounts make for complicated and pretty grim reading. The club lost a staggering £20.3m as falling gate receipts and TV revenue contributed to a drop in turnover. Cellino, who this year served a Football League ban after failing its 'owners' and directors' test', has since claimed Leeds were close to break-even in 2014-15 with their wage bill down to £10.5m. If Leeds get promoted before 2017-18, they will have to pay £4.75m to the liquidator of Leeds United Association Football Club Ltd.

    Middlesbrough
    Company name: Middlesbrough Football & Athletic Company (1986)
    Owned by: Gibson O'Neill Company, which is itself wholly owned by Steve Gibson and Mike O'Neill
    Turnover: £12.8m (£14.2m)
    Pre-tax loss: £20.4m (-£18.5m)
    Net debt: Not stated
    Total loans: £76m
    Wages and salaries: £14.4m
    Bank: Barclays
    Auditor: PwC
    Y/E: 30 June 2014
    Lifelong Boro' fan Steve Gibson, a multimillionaire through his Bulkhaul logistics business, continues to bankroll the club which are dependent on his support. Clearly intent on promotion, he has continued to back Aitor Karanka's side in the transfer market and will expect them to be challenging come May. The loans totalling £76m are all owed to Gibson.

    Milton Keynes Dons
    Company name: Milton Keynes Dons
    Owned by: InterMK Group Ltd, which is wholly owned by Pete Winkelman.
    Turnover: £4.4m (£5.3m)
    Pre-tax loss: £1.7m (-£2.5m)
    Net debt: Not stated
    Total loans: £10.3m
    Wages and salaries: £3.5m
    Bank: Santander
    Auditor: Deloitte
    Y/E: 30 June 2014
    MK Dons remain reliant on Pete Winkleman, the businessman who was involved in relocating Wimbledon FC to Milton Keynes in 2001. Karl Robinson's side are currently adjusting well to life in the Championship and can expect a turnover jump in their current financial year.


  4. #3
    Senior Member
    Join Date
    Apr 2007
    Posts
    3,288

    Default Re: A list of Championship clubs' finances

    Nottingham Forest
    Company name: NFFC Group Holdings
    Owned by: Fawaz Mubarak Abdulaziz Al-Hasawi and Abdulaziz Mubarak Al-Hasawi
    Turnover: £16.5m (£15.4m)
    Pre-tax loss: £23.9m (-£8m)
    Net debt: £46.1m
    Wages and salaries: £24m
    Auditor: Baldwins
    Y/E: 31 May 2014
    The Al-Hasawi family provided additional loans of £24.8m during the year to help support the near £24m loss. The Football League imposed a transfer embargo last December which has restricted manager Dougie Freedman from reshaping his squad this summer in the way he would've perhaps liked.

    Preston North End
    Company name: Preston North End Ltd
    Owned by: Wordon Group, a company incorporated in the Isle of Man and controlled by the family interests of Trevor Hemmings
    Turnover: £6.1m (£5.8m)
    Pre-tax profit: £16.4m (-£1m)
    Net cash: £590,000
    Wages and salaries: £5.7m
    Auditor: KPMG
    Y/E: 30 June 2014
    Trevor Hemmings, who became the joint most-successful Grand National owner when his horse Many Clouds sealed victory in April, has slashed North End's debt by more than £50m since delisting them from AIM in 2010 after 15 years as a public company. During the 2013-14 financial year, £18.7m of debt was waived and £15m was issued for the release of shares, representing a reduction in debt of £34.2m.

    Queens Park Rangers
    Company name: Queens Park Rangers Football & Athletic Club
    Owned by: Tune QPR, registered in Malaysia and owned by Tony Fernandes, Kamarudin Bin Meranun and Ruben Emir Gnanalingam (66 per cent); and Sea Dream, the family holding of Lakshmi Mittal (33 per cent)
    Turnover: £38.7m (£60.6m)
    Pre-tax loss: £9.8m (-£65.4m)
    Net debt: £179.6m
    Wages and salaries: £66.4m
    Bank: Royal Bank of Scotland
    Auditor: Chantrey Vellacott DFK
    Y/E: 31 May 2014
    Air Asia tycoon Tony Fernandes and steel magnate Lakshmi Mittal wrote off loans worth £60m during the year, but QPR's accounts nevertheless make for grim reading. After years of overspending, the club's relegation from the Premier League last season means they face a battle to cut costs and Fernandes has signalled that the days of heavy investment on new players is over.

    Reading
    Company name: Reading Football Club Ltd
    Owned by: GPT Football Investment and GPT UK Investment, owned by Narin Niruttinanon (50 per cent); RFC UK Investment owned by Sasima Srivikorn (25 per cent); Universal UK Investment, owned by Sumrith Thanakarnjanasuth (25 per cent)
    Turnover: £38.1m (£59.3m)
    Pre-tax loss: £7.3m (-£2.3m)
    Net debt: £47.1m
    Wages and salaries: £30.1m
    Bank: Barclays
    Auditor: Myers Clark
    Y/E: 30 June 2014
    Narin Niruttinanon and his Thai consortium took control at Madejski Stadium in September 2014 and has since admitted it was difficult to "actually understand the magnitude" of how much needed to be committed to the club. However, he said the financial situation is now "getting better". Reading's parachute payment this season is about £8m.

    Rotherham United
    Company name: Rotherham United Football Club (RUFC) Ltd
    Owned by: ASD Lighting Holdings, owned by Tony and Joan Stewart (88 per cent); Brian Becket, Ronald Hull and Lelsie Wilson (3.92 per cent each)
    Turnover: £11m (£7.1m)
    Pre-tax profit: £167,212 (-£477,023)
    Net debt: Not stated
    Total loans: £172,000 owed to ASD
    Wages and salaries: £4.8m
    Bank: Barclays
    Auditor: Montpelier
    Y/E: 31 December 2014
    Tony Stewart took over at The Millers seven years ago from administrations and has helped to steer them to a secure financial footing. After four years playing home games in Sheffield, their 12,000-seater New York Stadium is this season hosting its second consecutive year of Championship football. Stewart has pumped more than £30m in over the last seven years.

    Sheffield Wednesday
    Company name: Sheffield Wednesday Football Club
    Owned by: Dejphon Chansiri, whose family controls the Thai Union Frozen Group, the world's largest producer of tuna
    Turnover: £13.9m (£14.9m)
    Pre-tax loss: £5.6m (-£3.7m)
    Net debt: £12.7m
    Wages and salaries: £11.1m
    Auditor: BHP Chartered Accountants
    Y/E: 31 May 2014
    Dejphon Chansiri took over the Owls from Milan Mandaric in January in a £30m deal and is targeting promotion within the next two years. He has said the club are now debt free and has backed Carlos Carvalhal in the transfer market this summer, bringing in the likes of Marco Matias and Lucas João.

    Wolverhampton Wanderers
    Company name: W.W. (1990) Ltd
    Owned by: Redrow founder Steve Morgan through Bridgemere UK plc
    Turnover: £32.6m (£32.1m)
    Pre-tax profit: £8.5m (-£33.1m)
    Net funds: £7m
    Wages and salaries: £17.9m
    Bank: Barclays
    Auditor: Deloitte
    Y/E: 31 May 2014
    After two successive relegations, Wolves secured promotion from League One at the first time of asking and enjoyed a successful 2014-15 season back in the Championship. In the 2013-14 financial year, the club incurred an actual pre-tax loss of £1.7m but due the release of a £10.2m provision a final pre-tax profit of £8.5m was declared. Steve Morgan continues to bankroll the club as they seek a Premier League return under Kenny Jackett.


  5. #4
    Left Winger
    Join Date
    Dec 2003
    Location
    Lufthansa Business Lounge
    Posts
    85,787

    Default Re: A list of Championship clubs' finances

    Well, we might be a financial basket-case but so are many other clubs at our level.

    It's also surprising that so many are reliant on a "Sugar Daddy" - us included.

    It does show thought with the consolidation of wealth at Premier League level, Championship clubs are so desperate to pick up crumbs from that table they will almost bankrupt themselves to try and get promotion.

    It's truly unsustainable in the long term, and will lead to more clubs "doing a Portsmouth" before long.

    But then, as we all know, the Premier League doesn't give a fuck about the Football League and merely tolerates it, tossing it the occasional bone and then allowing its promoted clubs in, before taking their sweets like the school bully and sending them packing back to whence they came.

    „I believe in socialism because it seems more humanitarian, rather than every man for himself and 'I'm alright jack' and all those arsehole businessmen with all the loot. I made up my mind from viewing society from that angle. That's where I'm from and there's where I've made my decisions from. That's why I believe in socialism“

    — Joe Strummer

  6. #5
    Senior Member
    Join Date
    Feb 2012
    Posts
    1,883

    Default Re: A list of Championship clubs' finances

    If I read that correctly we had the second highest wage bill in the league as of end of 13/14 season?

    So that's before Britt, mance, teshe etc came in.

    Blimey!


  7. #6
    Senior Member
    Join Date
    Oct 2012
    Posts
    3,144

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by McKenzie View Post
    If I read that correctly we had the second highest wage bill in the league as of end of 13/14 season?

    So that's before Britt, mance, teshe etc came in.

    Blimey!
    The role/influence of agents in today's game is crazy. I am of the opinion that with Fawaz and his inexperienced cronies at the helm, they're particularly susceptible to the power of agents, and that we're seen as a cash cow.


  8. #7
    Senior Member
    Join Date
    May 2012
    Posts
    117

    Default Re: A list of Championship clubs' finances

    Turnover £16.5 million wages £24 million says it all really.


  9. #8
    Where's me hammer?
    Join Date
    Oct 2012
    Posts
    50,541

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by mudskipper View Post
    Turnover £16.5 million wages £24 million says it all really.
    I do honestly believe we could make a massive bridge between them two numbers if we were just a bit more organised.


  10. #9
    Left Winger
    Join Date
    Dec 2003
    Location
    Lufthansa Business Lounge
    Posts
    85,787

    Default A list of Championship clubs' finances

    Quote Originally Posted by Bill Foster View Post
    I do honestly believe we could make a massive bridge between them two numbers if we were just a bit more organised.
    This has been the blight on our club for years. Even in the Nigel Doughty era, Mr. Doughty was keen to sanction huge contracts (which he subsidised) in an effort to gain promotion.

    This has led to the club essentially operating in a financially cavalier manner and offering frankly ridiculous incentives to players and agents.

    No sane business would run with a wage bill 1.5 times its actual turnover. That is completely unsustainable.

    But whilst we've had a series of wealthy owners we have neglected the commercial side of the club's operations, and that has bitten us badly when FFP has been introduced.

    And I include Fawaz in this, I think on his part there was an element of naivety that FFP would somehow go away and we'd be able to buy our way to success.

    Nope.


  11. #10
    Senior Member
    Join Date
    Oct 2012
    Posts
    3,144

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Bill Foster View Post
    I do honestly believe we could make a massive bridge between them two numbers if we were just a bit more organised.
    And decided to be more responsible with wages. No player should be earning over 20k p/w at this football club, but plenty do.


  12. #11
    Where's me hammer?
    Join Date
    Oct 2012
    Posts
    50,541

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by chriscl View Post
    This has been the blight on our club for years. Even in the Nigel Doughty era, Mr. Doughty was keen to sanction huge contracts (which he subsidised) in an effort to gain promotion.

    This has led to the club essentially operating in a financially cavalier manner and offering frankly ridiculous incentives to players and agents.

    No sane business would run with a wage bill 1.5 times its actual turnover. That is completely unsustainable.

    But whilst we've had a series of wealthy owners we have neglected the commercial side of the club's operations, and that has bitten us badly when FFP has been introduced.

    And I include Fawaz in this, I think on his part there was an element of naivety that FFP would somehow go away and we'd be able to buy our way to success.

    Nope.
    I think the issue is and its not just fazza but tan, the thais at leicester, venkys (even though they were prem when brought if i remember correctly) these new chaps at sheff wednesday is they all buy a club in this league on some kind of real life champ man crusade/cheap way of getting a prem team and think they only have to chuck a few millon at it and they will piss the league.


  13. #12
    Billy Davies long lost lovechild.
    Join Date
    Feb 2012
    Posts
    43,541

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Bill Foster View Post
    I do honestly believe we could make a massive bridge between them two numbers if we were just a bit more organised.
    FFP hopefully has us on our way there. We may have some long contracts in there, but at least we're not handing out daft amounts all round now.


  14. #13
    Senior Member
    Join Date
    Oct 2012
    Posts
    3,144

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Alf-Hasawi View Post
    FFP hopefully has us on our way there. We may have some long contracts in there, but at least we're not handing out daft amounts all round now.
    I really hope you're right.

    But to be honest i'm expecting us to chuck money away as soon as the embargo is lifted and shaft ourselves with long-term contracts on daft wages once again. If there's a theme over Fawaz's time, it's that he's evidently not learning.

    In his latest interview, Dougie's even stating how he wants to sell players off to get rid of the embargo so he can, wait for it... spend more money.

    We're a disaster.


  15. #14
    The Foam Hand
    Join Date
    Nov 2012
    Location
    Curry House
    Posts
    28,051

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by chriscl View Post
    This has been the blight on our club for years. Even in the Nigel Doughty era, Mr. Doughty was keen to sanction huge contracts (which he subsidised) in an effort to gain promotion.

    This has led to the club essentially operating in a financially cavalier manner and offering frankly ridiculous incentives to players and agents.

    No sane business would run with a wage bill 1.5 times its actual turnover. That is completely unsustainable.

    But whilst we've had a series of wealthy owners we have neglected the commercial side of the club's operations, and that has bitten us badly when FFP has been introduced.

    And I include Fawaz in this, I think on his part there was an element of naivety that FFP would somehow go away and we'd be able to buy our way to success.

    Nope.
    It baffles me how the commercial side is still neglected. We are one of the best supported and biggest clubs outside the Prem yet have one of the worst commercial turnovers.

    Am I missing something? Why is there no effort in this area?

    Even in this year, our 'celebratory' 150th year, what has happened? A gold badge, a banner on the Trent End and a book being released. Wow. Have I missed anything? I expected more.


  16. #15
    Left Winger
    Join Date
    Dec 2003
    Location
    Lufthansa Business Lounge
    Posts
    85,787

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Bill Foster View Post
    I think the issue is and its not just fazza but tan, the thais at leicester, venkys (even though they were prem when brought if i remember correctly) these new chaps at sheff wednesday is they all buy a club in this league on some kind of real life champ man crusade/cheap way of getting a prem team and think they only have to chuck a few millon at it and they will piss the league.
    You're right. Many of the foreign owners seem to lack an understanding of the English game and think you can just buy success.

    It doesn't work like that, unless, as in the case of Chelsea and Manchester City, you have so much money you can radically distort the market place in your favour.

    If it hadn't been for Abramovich and the Abu Dhabi government, Chelsea and Man City would still be mid-table clubs.

    People like Vincent Tan, Venkys, the Thai crowd at Leicester, and even Fawaz have seen Chelsea and Man City and thought "I'll have some of that".

    But they lack the resources of those two, and they also lack - critically, in Fawaz' case - the common sense to bring into the club people who actually know how to run a successful football business.

    If you look at Chelsea and Manchester City, their boardrooms are packed with men with years of football administrative experience.

    The guy who heads up Forest used to be an Accountant for Fawaz' property company in London.

    Is it any wonder we are an abject failure?


  17. #16
    Senior Member
    Join Date
    Sep 2007
    Posts
    582

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Bridgford_71 View Post
    It baffles me how the commercial side is still neglected. We are one of the best supported and biggest clubs outside the Prem yet have one of the worst commercial turnovers.

    Am I missing something? Why is there no effort in this area?

    Even in this year, our 'celebratory' 150th year, what has happened? A gold badge, a banner on the Trent End and a book being released. Wow. Have I missed anything? I expected more.
    How could you miss the commemorative mug?!


  18. #17
    Where's me hammer?
    Join Date
    Oct 2012
    Posts
    50,541

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by red_outlaw View Post
    How could you miss the commemorative mug?!
    John Mcgovern?


  19. #18

    Default Re: A list of Championship clubs' finances

    tldr


  20. #19
    Not that type of player
    Join Date
    Jun 2008
    Location
    The Mixer
    Posts
    37,737

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by chriscl View Post
    You're right. Many of the foreign owners seem to lack an understanding of the English game and think you can just buy success.

    It doesn't work like that, unless, as in the case of Chelsea and Manchester City, you have so much money you can radically distort the market place in your favour.

    If it hadn't been for Abramovich and the Abu Dhabi government, Chelsea and Man City would still be mid-table clubs.

    People like Vincent Tan, Venkys, the Thai crowd at Leicester, and even Fawaz have seen Chelsea and Man City and thought "I'll have some of that".

    But they lack the resources of those two, and they also lack - critically, in Fawaz' case - the common sense to bring into the club people who actually know how to run a successful football business.

    If you look at Chelsea and Manchester City, their boardrooms are packed with men with years of football administrative experience.

    The guy who heads up Forest used to be an Accountant for Fawaz' property company in London.

    Is it any wonder we are an abject failure?
    Money does buy succes, but it won't buy success without a coherent plan of action.

    Stand Firm And Strike Hard

  21. #20
    Banned
    Join Date
    Jul 2015
    Location
    NG3
    Posts
    888

    Default Re: A list of Championship clubs' finances

    We've got a new single out to bolster our turnover

    http://www.nottinghamforest.co.uk/ne...e_release.aspx

    We all agree: Nottingham Forest are tragic!
    We all agree: Nottingham Forest are tragic!

    We've got league one in our sights
    We've got that crap league one in our sights
    We've got league one in our sights
    We've got league one in our sights

    We've got the worst team in the land
    We've got the worst damn team in the land
    We've got the worst team in the land
    We've got league one in our sights

    There's Fox at left back who plays like a joke
    Wardy and Mills who we got cuz we're broke
    There's Kelvin the Wilson that very slow bloke
    We've got the worst team in the land

    We've got league one in our sights
    We've got that crap league one in our sights
    We've got league one in our sights
    We've got league one in our sights

    We've got the worst team in the land
    We've got the worst damn team in the land
    We've got the worst team in the land
    We've got league one in our sights

    There's Frey the new striker who didn't turn up
    Hamer the keeper whose loan deal we cocked up
    And Boyd's failed eye test was also fecked up
    We've got the worst team in the land

    We're gonna lose
    We're gonna lose everything
    So stand up and and sing for Dougies sacking
    (Dougie out, Dougie out, Dougie out...)

    We've got league one in our sights
    We've got that crap league one in our sights
    We've got league one in our sights
    We've got league one in our sights

    We've got the worst team in the land
    We've got the worst damn team in the land
    We've got the worst team in the land
    We've got league one in our sights

    There's Fryatt and Dexter and they're always broke
    In fact half of the squad has got a sick note
    and financial fairplay means we're stuck with the jokes
    We've got the worst team in the land

    We've got league one in our sights
    We've got that crap league one in our sights
    We've got league one in our sights
    We've got league one in our sights

    We've got the worst team in the land
    We've got the worst damn team in the land
    We've got the worst team in the land
    We've got league one in our sights

    We've got the worst team in the land
    We've got the worst damn team
    "Watch us feck it up!"


  22. #21

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Lichaj of the Tiger View Post
    tldr
    We're broke(ish)


  23. #22
    Senior Member
    Join Date
    Jul 2012
    Posts
    261

    Default Re: A list of Championship clubs' finances

    How do Wolves turn over 32mill..? we could learn from them.


  24. #23

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Jim Baxter View Post
    How do Wolves turn over 32mill..? we could learn from them.
    Are they still getting parachute payments?


  25. #24
    Banned
    Join Date
    Jul 2015
    Location
    NG3
    Posts
    888

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Jim Baxter View Post
    How do Wolves turn over 32mill..? we could learn from them.
    Jez Moxey - Chief Executive

    Commercially they squeeze every penny out of the club


  26. #25

    Default Re: A list of Championship clubs' finances

    Quote Originally Posted by Blue View Post
    Jez Moxey - Chief Executive

    Commercially they squeeze every penny out of the club
    Their tickets start at £24 too.

    Fancy that!


 

 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •