| £1.7m profit for last season generates a £1m dividend payout 20:19 - Feb 19 with 4778 views | NeathJack |
Seems high to me. I can't imagine many companies would pay out a dividend worth 58% of the profit. [Post edited 19 Feb 2015 20:20]
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| £1.7m profit for last season generates a £1m divident payout on 20:21 - Feb 19 with 3519 views | Swanzay |
Source? |  | | |
| £1.7m profit for last season generates a £1m divident payout on 20:22 - Feb 19 with 3502 views | NeathJack |
| £1.7m profit for last season generates a £1m divident payout on 20:21 - Feb 19 by Swanzay |
Source? |
The club accounts available on the companies house website. | | | |
| £1.7m profit for last season generates a £1m divident payout on 20:28 - Feb 19 with 3466 views | Swanzay |
| £1.7m profit for last season generates a £1m divident payout on 20:22 - Feb 19 by NeathJack |
The club accounts available on the companies house website. |
Ah interesting, could this be a tool used in order to encourage certain members of the board not to sell on their 'investment'?
Just put that thought out there...... | | | |
| £1.7m profit for last season generates a £1m dividend payout on 21:23 - Feb 19 with 3241 views | Flashberryjack |
£1 million dividend from a £1.7m profit.
Very Nice. |  |
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| £1.7m profit for last season generates a £1m dividend payout on 21:33 - Feb 19 with 3199 views | IAN05 |
Would be interesting to see how this divi is calculated . Seems they just come up with a figure of £1 million regardless of business results. |  | | |
| £1.7m profit for last season generates a £1m dividend payout on 21:35 - Feb 19 with 3187 views | icecoldjack |
Well its a healthy kick back but i got no problem with it and never have. |  | | |
| £1.7m profit for last season generates a £1m dividend payout on 21:37 - Feb 19 with 3174 views | Borojack |
| £1.7m profit for last season generates a £1m dividend payout on 21:33 - Feb 19 by IAN05 |
Would be interesting to see how this divi is calculated . Seems they just come up with a figure of £1 million regardless of business results. |
To be fair though I think we made in excess of 30 million over the 2 previous seasons combined.
So seems reasonable to me. |  |
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| £1.7m profit for last season generates a £1m dividend payout on 21:39 - Feb 19 with 3164 views | Dr_Winston |
If the club can afford to pay a £1m dividend then it doesn't need investment. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £1.7m profit for last season generates a £1m dividend payout on 21:42 - Feb 19 with 3143 views | IAN05 |
| £1.7m profit for last season generates a £1m dividend payout on 21:37 - Feb 19 by Borojack |
To be fair though I think we made in excess of 30 million over the 2 previous seasons combined.
So seems reasonable to me. |
I may be wrong but didn't they also have a £1m pay out for last 2 years as well ? | | | |
| £1.7m profit for last season generates a £1m dividend payout on 21:43 - Feb 19 with 3137 views | Dr_Winston |
| £1.7m profit for last season generates a £1m dividend payout on 21:42 - Feb 19 by IAN05 |
I may be wrong but didn't they also have a £1m pay out for last 2 years as well ? |
This is the third or fourth £1m payout as far as I remember. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £1.7m profit for last season generates a £1m dividend payout on 21:46 - Feb 19 with 3117 views | Joe_bradshaw |
£210K of that will have gone to the Trust presumably. |  |
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| £1.7m profit for last season generates a £1m dividend payout on 21:47 - Feb 19 with 3115 views | IAN05 |
| £1.7m profit for last season generates a £1m dividend payout on 21:43 - Feb 19 by Dr_Winston |
This is the third or fourth £1m payout as far as I remember. |
It's at least the third. Just strange that divi stays same regardless of profit. | | | |
| £1.7m profit for last season generates a £1m dividend payout on 21:49 - Feb 19 with 3102 views | IAN05 |
| £1.7m profit for last season generates a £1m dividend payout on 21:46 - Feb 19 by Joe_bradshaw |
£210K of that will have gone to the Trust presumably. |
It would have to I guess, but that Still wouldn't make it right (or wrong). | | | |
| £1.7m profit for last season generates a £1m dividend payout on 21:49 - Feb 19 with 3102 views | Dr_Winston |
| £1.7m profit for last season generates a £1m dividend payout on 21:47 - Feb 19 by IAN05 |
It's at least the third. Just strange that divi stays same regardless of profit. |
I'm beginning to wonder at the internal workings of the club. Wouldn't surprise me if the reason that there's so much secrecy over this "investment" nonsense is that relationships are strained between certain people. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| £1.7m profit for last season generates a £1m dividend payout on 22:01 - Feb 19 with 3037 views | SwansNZ |
| £1.7m profit for last season generates a £1m dividend payout on 21:39 - Feb 19 by Dr_Winston |
If the club can afford to pay a £1m dividend then it doesn't need investment. |
but, we'll never win the Premier and Champions Leagues without it. |  |
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| £1.7m profit for last season generates a £1m dividend payout on 22:04 - Feb 19 with 3018 views | Millie |
My understanding is that there was a gentlemans agreement that no shareholder would have more than 25% and if we ever got to the PL, a £1m divi would be paid, so long as club was in profit. | | | |
| £1.7m profit for last season generates a £1m dividend payout on 22:04 - Feb 19 with 3014 views | Uxbridge |
| £1.7m profit for last season generates a £1m dividend payout on 21:49 - Feb 19 by IAN05 |
It would have to I guess, but that Still wouldn't make it right (or wrong). |
It did, and was announced in last summer's newsletter. I'm not a fan, although it has helped furnish the Trust with a substantial fighting fund which is most useful currently.
Anyway, I'm on holiday so haven't had a chance to look at it in too much detail. Cheers to NJ for the detail. [Post edited 19 Feb 2015 22:05]
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| £1.7m profit for last season generates a £1m dividend payout on 22:42 - Feb 19 with 2874 views | jackonicko |
| £1.7m profit for last season generates a £1m dividend payout on 22:04 - Feb 19 by Uxbridge |
It did, and was announced in last summer's newsletter. I'm not a fan, although it has helped furnish the Trust with a substantial fighting fund which is most useful currently.
Anyway, I'm on holiday so haven't had a chance to look at it in too much detail. Cheers to NJ for the detail. [Post edited 19 Feb 2015 22:05]
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The accounts are not happy holiday reading now I've got a copy, Ux. I'd wait until you're back.
The club looks under strain and the balance sheet is creaking. Cash flow is a problem at times I suspect, and the club looks under capitalised. There is not much of a buffer.
Clearly, the spending on Landore And Fairwood has been a strain. Now I've looked at the accounts, it's no surprise the ground extension hasn't happened yet. The club is fortunate to have guaranteed cash flow on pre determined dates with the tv money payments fixed and pretty much certain, which means it can therefore plan around it. Our FD is a busy boy, I imagine.
The increase in commercial income is disappointing. The commercial team has grown from 18 to 55, but revenue has only gone up by 2.5m on last year. Most of that was probably from one off deals like the shirt sponsor. It makes you wonder what those 55 people doing - other than crowd facing LED screens which clearly generate next to nothing, but annoy your most valuable customers every 2 weeks. They're clearly not looking after stock levels, which are 5x higher than last year.
It's a good job we changed our accounting treatment to recognise players as intangible assets. It makes the overall balance sheet position look slightly less frightening.
An accounting profit is nice, of course. But with the way we account for things now, it's a largely meaningless number. The balance sheet is the important thing to focus on. |  | | |
| £1.7m profit for last season generates a £1m dividend payout on 22:47 - Feb 19 with 2860 views | ItchySphincter |
| £1.7m profit for last season generates a £1m dividend payout on 21:39 - Feb 19 by Dr_Winston |
If the club can afford to pay a £1m dividend then it doesn't need investment. |
There is that. I have no problem with dividends being paid, in fact I'm in favour of it but if investment is so urgently required why not reinvest from profit? It will be interesting to see who in particular will be parting with (some of) their shares. |  |
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| £1.7m profit for last season generates a £1m dividend payout on 22:55 - Feb 19 with 2833 views | Uxbridge |
| £1.7m profit for last season generates a £1m dividend payout on 22:42 - Feb 19 by jackonicko |
The accounts are not happy holiday reading now I've got a copy, Ux. I'd wait until you're back.
The club looks under strain and the balance sheet is creaking. Cash flow is a problem at times I suspect, and the club looks under capitalised. There is not much of a buffer.
Clearly, the spending on Landore And Fairwood has been a strain. Now I've looked at the accounts, it's no surprise the ground extension hasn't happened yet. The club is fortunate to have guaranteed cash flow on pre determined dates with the tv money payments fixed and pretty much certain, which means it can therefore plan around it. Our FD is a busy boy, I imagine.
The increase in commercial income is disappointing. The commercial team has grown from 18 to 55, but revenue has only gone up by 2.5m on last year. Most of that was probably from one off deals like the shirt sponsor. It makes you wonder what those 55 people doing - other than crowd facing LED screens which clearly generate next to nothing, but annoy your most valuable customers every 2 weeks. They're clearly not looking after stock levels, which are 5x higher than last year.
It's a good job we changed our accounting treatment to recognise players as intangible assets. It makes the overall balance sheet position look slightly less frightening.
An accounting profit is nice, of course. But with the way we account for things now, it's a largely meaningless number. The balance sheet is the important thing to focus on. |
Sounds delightful. I'll say no more til I read it. | |
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| £1.7m profit for last season generates a £1m dividend payout on 01:54 - Feb 20 with 2678 views | BobJack |
| £1.7m profit for last season generates a £1m dividend payout on 22:42 - Feb 19 by jackonicko |
The accounts are not happy holiday reading now I've got a copy, Ux. I'd wait until you're back.
The club looks under strain and the balance sheet is creaking. Cash flow is a problem at times I suspect, and the club looks under capitalised. There is not much of a buffer.
Clearly, the spending on Landore And Fairwood has been a strain. Now I've looked at the accounts, it's no surprise the ground extension hasn't happened yet. The club is fortunate to have guaranteed cash flow on pre determined dates with the tv money payments fixed and pretty much certain, which means it can therefore plan around it. Our FD is a busy boy, I imagine.
The increase in commercial income is disappointing. The commercial team has grown from 18 to 55, but revenue has only gone up by 2.5m on last year. Most of that was probably from one off deals like the shirt sponsor. It makes you wonder what those 55 people doing - other than crowd facing LED screens which clearly generate next to nothing, but annoy your most valuable customers every 2 weeks. They're clearly not looking after stock levels, which are 5x higher than last year.
It's a good job we changed our accounting treatment to recognise players as intangible assets. It makes the overall balance sheet position look slightly less frightening.
An accounting profit is nice, of course. But with the way we account for things now, it's a largely meaningless number. The balance sheet is the important thing to focus on. |
What, commercial team grown to 55 people from 18?
How many kids and grandkids have they had?
In all seriousness, the jobs for the boys and family member stories I have heard in last few months is amazing. They are now even getting coaching jobs !!!!!! Ffs, sort it out SCFC. | |
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| £1.7m profit for last season generates a £1m dividend payout on 02:02 - Feb 20 with 2675 views | NeiltheTaylor |
| £1.7m profit for last season generates a £1m dividend payout on 22:42 - Feb 19 by jackonicko |
The accounts are not happy holiday reading now I've got a copy, Ux. I'd wait until you're back.
The club looks under strain and the balance sheet is creaking. Cash flow is a problem at times I suspect, and the club looks under capitalised. There is not much of a buffer.
Clearly, the spending on Landore And Fairwood has been a strain. Now I've looked at the accounts, it's no surprise the ground extension hasn't happened yet. The club is fortunate to have guaranteed cash flow on pre determined dates with the tv money payments fixed and pretty much certain, which means it can therefore plan around it. Our FD is a busy boy, I imagine.
The increase in commercial income is disappointing. The commercial team has grown from 18 to 55, but revenue has only gone up by 2.5m on last year. Most of that was probably from one off deals like the shirt sponsor. It makes you wonder what those 55 people doing - other than crowd facing LED screens which clearly generate next to nothing, but annoy your most valuable customers every 2 weeks. They're clearly not looking after stock levels, which are 5x higher than last year.
It's a good job we changed our accounting treatment to recognise players as intangible assets. It makes the overall balance sheet position look slightly less frightening.
An accounting profit is nice, of course. But with the way we account for things now, it's a largely meaningless number. The balance sheet is the important thing to focus on. |
Would there have been a £1M dividend if players values hadn't been brought into the books?
I wonder if the "commercial staff" include people who work in the shop etc.?
Growing by that much makes the whole story of "Huw won't release funds so we can grow commercial revenue" excuse sound like a load of old bollocks now anyway. [Post edited 20 Feb 2015 2:04]
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| Joe_bradshaw -I thought the cryochamber was the new name for Cardiff's stadium.
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| £1.7m profit for last season generates a £1m dividend payout on 02:42 - Feb 20 with 2656 views | Treforys_Jack |
Assume the increase in staff is to do with the training and academy facilities. Who oversees the acadamy. I know Chris Llewellyn, Waggy and Johnny Gray are involved at various ages. Wasn't Pep meant to oversee it all ? |  | | |
| £1.7m profit for last season generates a £1m dividend payout on 04:23 - Feb 20 with 2629 views | dameedna |
History, history |  | | |
| £1.7m profit for last season generates a £1m dividend payout on 10:40 - Feb 20 with 2444 views | Neath_Jack |
As i said in another thread t'other day.
Greed, never again do I want to hear any of the "We are a special club" or "A club for the fans, run by fans".
They are getting so far detached they may as well be a load of foreign investors now. |  |
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