| Bristol City 20:13 - Nov 17 with 2673 views | terryb |
Not a nice set of figures that you're retweeting Clive from Kevin Maguire!
A loss before interest & tax of £26.4 million for year ending 31/5/22. This follows a £37 million loss in the 2021 year & £9 million loss in 2020.
That's a lot of disallowable costs required to stay under the £39 million loss over the three year period. However, the averaging of two years accounts might save them.
Ouch! [Post edited 17 Nov 2022 20:34]
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| Bristol City on 21:56 - Nov 17 with 2468 views | davman |
Go on, like Reading, how tf can they NOT be breaching these ridiculous rules?
How does everyone get away with it and we HAVE to make every penny count?
Can someone explain please? |  |
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| Bristol City on 22:58 - Nov 17 with 2340 views | PunteR |
| Bristol City on 21:56 - Nov 17 by davman |
Go on, like Reading, how tf can they NOT be breaching these ridiculous rules?
How does everyone get away with it and we HAVE to make every penny count?
Can someone explain please? |
Because our owners are shrewd businessmen with deep pockets and short arms. |  |
| Occasional providers of half decent House music. |
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| Bristol City on 10:08 - Nov 18 with 2070 views | terryb |
| Bristol City on 21:56 - Nov 17 by davman |
Go on, like Reading, how tf can they NOT be breaching these ridiculous rules?
How does everyone get away with it and we HAVE to make every penny count?
Can someone explain please? |
*Because of Covid, the years ending '20 & '21 are averaged. That meant that the three years ending 2018, 2019 & 2020/21 had a pre allowable costs loss of approx £21 million.
It is the next set of accounts that could have an inpact, as they will be carrying circa £47 million (pre costs) losses into them. It is hard to imagine how they would be below the threshold this time next year.
* Thanks to Simon (Roller) for explaining, once again, how the Covid period is treated. | | | |
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