Saints are back!!!

[AlexLaw76]

 

 

[Toussaint]

Relegation is good business.

[AlexLaw76]

PSR, innit

[Miltonaggro]

Thank goodness, best news of the season thus far! 

[Midfield_General]

Cool

We should hire an open-top bus for Rasmus to proudly drive down Shirley High Street while from the top Phil Parsons scatters ticker tape made of shredded copies of our FY25 financial statements 

Edited Saturday at 09:43 by Midfield_General

[SaintsLoyal]

What is the overall debt ? They paid back some of the covid loan and then took another loan and refinanced the whole lot !

 

Overall debt needs to be addressed as im sure in the future all games will be available like FL and reduced tv income.

[Suhari]

1 hour ago, Miltonaggro said:

Thank goodness, best news of the season thus far! 

Apparently we are considering opening a radio station.

[Saint Fan CaM]

The price of relegation.

[Miltonaggro]

8 hours ago, Suhari said:

Apparently we are considering opening a radio station.

Farking great! 

[SaintsBarry74]

We're doing well

[Saint86]

Had a look through some of the numbers today and whilst the headline figure (£5.7M profit) sounds good on face value but there is a bit more to it than that.

Brief summary of key points:

• Total wage spend last season was £70.7M, whilst turnover (with parachute payments) was £84.8M. So circa 83.3% turnover.
• Turnover itself dropped by £60.7M to £84.4M, which was largely due to tv monies, but within that we also dropped our commercial revenue by £5.5M (35% reduction) from £15.6M to £10.1M.
• Amortisations of players was £51.1M in the champ (down from £52M in the previous prem season). Given the extreme outlay in 2022/23, i suspect we'll see similar again when this year's books are released in a years time.
  • High level figures then, turnover of £84.8M vs wages of 70.7M and player amortisations of £51M (actual total operating costs of £122.4M, a loss for the year of £35.9M if player trading revenue is excluded).
• Some good news (i guess) was that we paid down our loan by £23.8M bringing it to £69.6M - However this is still a significant sum. I would guess we'll have done similar this year so it probably stands at around £45M going into the champ next season?

Looking ahead to next season then:

• Based on the above, assume turnover will be similar at around £84M.
  • Assume player amortisation will be similar at around £50M.
  • Assume wages will be similar at around £70M.
• Therefore excluding the loan repayments, we'll be looking to make a circa £35M transfer profit to balance the books...
• I don't know what the terms are on the loan, but potentially another £20-25M additional on top of that, so £60M transfer profit to balance the books.
• Then whatever money we want to spend on strengthening the team will also need to come from additional wage reductions/sales.
• Add on agents fees...

Could all be utter horeshite, but thats my take on it all anyway 😇

Edited 10 hours ago by Saint86