Jump to content

June 2015 financials


farawaysaint
 Share

Recommended Posts

Some of the highlights:

 

No dividend declared nor paid to Kat

 

Salaries up £16 million from 2014

 

Directors pay increased by 200k with the highest paid director's salary increasing 120k

 

£29.8m of transfer fees receivable of which 25! million is expected to be received later than one year on

 

Kat put in £20 million to make up cashflow timing differences into her shareholder loan

 

£5 million payable to other clubs in contingent transfer fees based on appearances/goals etc

 

Interest accrued to Kat of £1.6 million on her shareholder loan

 

It cost us £8.2 million to cancel contracts of staff in 2015 (not sure who this relates to?)

Link to comment
Share on other sites

I really think that she should take a divvy, but it's of course her choice. Not sure what the loan amount is, but at least interest is being charged. Hopefully with the new TV deal coming up, everything can be paid back to her.

 

Me too. The ideal would be the club pays her back what she's put in and then she draws a relatively modest amount from profits each year - basically a hobby that pays for itself. A benign owner who basically runs the club on a sustainable self funding basis but remains ready to invest for expansion or bail out the club should we hit a major problem is the perfect scenario imo.

Edited by buctootim
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...