| Financial statements to 31/5/17 09:50 - Mar 2 with 14758 views | CroydonCaptJack |
I think these must be imminent now. I am pretty sure they were due by the end of Feb so we should find out pretty soon how much better (or less worse!) we are doing as regards to FFP. |  | | |  |
| Financial statements to 31/5/17 on 20:48 - Mar 10 with 1277 views | terryb |
| Financial statements to 31/5/17 on 08:03 - Mar 10 by JamesB1979 |
I know we need to look at profit for FFP but really everyone should be looking at cash flow, especially as our profit figure includes 11.3m amortisation of current player values (love to see the breakdown by player here!)
If you look at our operating cash flow, we’re cash flow positive at 900k. The only reason that shareholders have needed to put funds into the club is due to a net cash out on player sales and purchases. This looks to be relating to past player purchases from previous years.
Do need to lower cost by 10m (surely we don’t need 111 playing staff and coaches.... roughly same number as Burnley) when we lose last of parachute money (after end of next season I think) but to me accounts are very positive.
Only concern I have is owner shift. Is Ruben just increasing his stake to then control a sale? Or continue cutting cost until he can start taking some cash out? Say what you like about Tony but club was more a hobby to him and he just kept stumping up cash to support it. Did he ever think he’d make some cash? |
Are the 111 all playing/coaching staff?
Surely that figure would include Ian Taylor etc plus Connor & his workmates in the box office or are they in addition?
Come to that, the part time matchday staff would need to be included somewhere as well. |  | | |
| Financial statements to 31/5/17 on 22:04 - Mar 10 with 1199 views | JamesB1979 |
| Financial statements to 31/5/17 on 20:48 - Mar 10 by terryb |
Are the 111 all playing/coaching staff?
Surely that figure would include Ian Taylor etc plus Connor & his workmates in the box office or are they in addition?
Come to that, the part time matchday staff would need to be included somewhere as well. |
Accounts say these 111 are players, managers and coaches. Total staff is 170. So, likes of Ian Taylor would not be in the 111. | | | |
| Financial statements to 31/5/17 on 13:28 - Mar 11 with 1061 views | terryb |
| Financial statements to 31/5/17 on 22:04 - Mar 10 by JamesB1979 |
Accounts say these 111 are players, managers and coaches. Total staff is 170. So, likes of Ian Taylor would not be in the 111. |
Cheers James. | | | |
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