The Hotel End
April 16, 2024, 17:32:18 pm
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
  Home Help Search Arcade Downloads Gallery Links Staff List Calendar Login Register Chat  


Pages: 1 2 3 [4] 5 6   Go Down
Author Topic: Accounts  (Read 2660 times)
Hero Member
Offline Offline

Posts: 8031

View Profile
Badges: (View All)
« Reply #60 on: April 02, 2024, 20:09:11 pm »

Seemingly happy to compare ourselves with clubs losing more money but nobody mentioning clubs who are not in that boat....?

The mighty Walsall, playing in the division below don't forget, have announced an annual turnover of 7.615m, which actually led to them returning into the black, only to the tune of 11k granted, but still a profit.

How about Exeter City? Turnover for the year was 5.844m, and proceeds from player sales was 1.39m, their costs were actually less than their turnover, and as a result they announced a profit for the year of over 300k.

Our accounts show our turnover is 700k less than Exeter (and nearly 2.5m less than Walsall) but our costs were over a million higher than Exeter whilst we too recorded a similar amount from player sales (1.21m) as they did.

So, are our costs too high, or is our revenue too low? What were we missing out on if at the same time we are recording increased gates, a surge in season ticket revenue (a lot of which would have been banked before the June 30th accounts date) and the fact that the EFL cut in funding was only 100k or so, our turnover fell year on year?

I'm sure there is work going on behind the scenes to try and grow revenue in all areas, and its not just from the fans who turn up every other week. Have we tried to get anyone to take on the naming rights for the stadium since the demise of PTS for example?

It seems at the moment we are in a chicken and egg situation......we won't speculate and pay out money now for a return medium term, but we can't grow the revenue without speculating!

I hope to be pleasantly surprised but I can't see the wishlists being prepared from stakeholders in the Fans Advisory Board are going to amount to anything. I mean, even putting hot water taps in the toilets is a cost which will see nil return on a balance sheet, same goes for an awning/cover for the DJ or whatever.
This won't sit well with Melly and the can't speculate, can't accumulate, Duston is a liar crew!
Report Spam   Logged
Pages: 1 2 3 [4] 5 6   Go Up
Jump to:  

Powered by EzPortal
Parental guidance is urged as this messageboard may not be suitable for all persons especially those under the age of 16 as the forums may contain words, phrases and expressions not considered appropriate for a younger audience so please express caution. If any posts in the forums offend you, please let us know and we will look at them and if we agree with your complaint, we will remove them. You are personally responsible and potentially liable for the contents of your posting and may be sued should your posting contain content of a defamatory or other illegal nature. Every message posted leaves a traceable IP number. We check the forums at various times of the day and remove offending posts. Other supporters are welcome but abusive or silly posts will be removed and the offenders potentially barred from future access to the site. We advise that you never reveal any personal information about yourself or anyone else (for example: telephone number, home address or email address), and please do not include postal addresses of any kind. This messageboard is not endorsed or in any way affiliated with Northampton Town FC. All postings on this board become copyright of The Hotel End & may not be reproduced without the permission of the board administrator. By signing up to this message board you agree to this. The Hotel End cannot be held liable for the actions or postings of its members. The Hotel End reserve the right to edit, delete, move or close any thread for any reason. The Hotel End may disclose user information to government authorities at their discretion or when required by law. The Hotel End may also disclose user information when The Hotel End has reason to believe that someone is causing injury to or interference with its rights or property, other The Hotel End users, or anyone else that could be harmed by such activities. By registering for The Hotel End, you agree to indemnify The Hotel End its representatives, and agents, and hold them harmless from any and all claims (including claims for legal fees) which may arise from your participation on the The Hotel End. You also agree that The Hotel End is not responsible for the materials posted by users of The Hotel End. In addition, you grant The Hotel End and its affiliates, worldwide, royalty-free perpetual, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display any message or content posted on The Hotel End and/or e-mail sent by you to The Hotel End (in whole or in part). The Hotel End reserves the right to make the rules up as it goes along. Thank you - The Hotel End I love Quidco
Bookmark this site!
Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy