An independent review of our finances for 2017/2018
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An independent review of our finances for 2017/2018
Don't let the sub header put you off. Interesting read:
http://priceoffootball.com/burnley-2017 ... were-dead/" onclick="window.open(this.href);return false;
http://priceoffootball.com/burnley-2017 ... were-dead/" onclick="window.open(this.href);return false;
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Re: An independent review of our finances for 2017/2018
Great, simple to understand, article. Well done the board and our miracle manager, his staff and our team of heroes, over that year and previous years.
Re: An independent review of our finances for 2017/2018
A good read that. Although a bit premature to be saying it’ll take a miracle for us not to be in the Premier League next season!
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Re: An independent review of our finances for 2017/2018
Thanks ever so much for this.
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Re: An independent review of our finances for 2017/2018
you got to love this bit.
Burnley had a net spend of only £7 million in 2017/18 so to achieve their final legal position on such as modest outlay is a testament to the management, coaching team and commitment of the players.
unsure about this though think its worded wrong.
Barring a miracle they will be in the Premier League in 2019/20 where once again they will fly under the radar, accumulating points but getting little credit for doing this without handouts from owners.
Burnley had a net spend of only £7 million in 2017/18 so to achieve their final legal position on such as modest outlay is a testament to the management, coaching team and commitment of the players.
unsure about this though think its worded wrong.
Barring a miracle they will be in the Premier League in 2019/20 where once again they will fly under the radar, accumulating points but getting little credit for doing this without handouts from owners.
Re: An independent review of our finances for 2017/2018
Still pretty gobsmacked that our wage bill is so high, and at comparable levels to Brighton and Watford
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Re: An independent review of our finances for 2017/2018
Very well summarised. I agree 100% with the comment in the summary that we were best out od the EL early.
Re: An independent review of our finances for 2017/2018
Certainly a very well run organisation
Taking those figures over the last 4 years shows just how important staying in the Premier League is (figures for our year when relegated clearly show this)
Whilst we did spend some significant amounts of monies on new players/wages in the summer, none of these additions currently plays in the first team and I think that reflects in our current league position ie a starting eleven has to be improved upon every season
First of all, hoping that we maintain Premier League status, but also that our achilles heel on recruitment is finally put right this summer
Taking those figures over the last 4 years shows just how important staying in the Premier League is (figures for our year when relegated clearly show this)
Whilst we did spend some significant amounts of monies on new players/wages in the summer, none of these additions currently plays in the first team and I think that reflects in our current league position ie a starting eleven has to be improved upon every season
First of all, hoping that we maintain Premier League status, but also that our achilles heel on recruitment is finally put right this summer
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Re: An independent review of our finances for 2017/2018
Sean Dyche has a pet hamster called Big Dave??
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Re: An independent review of our finances for 2017/2018
My favourite bit is where it describes Crystal Palace as a "small club"
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Re: An independent review of our finances for 2017/2018
why is our player amort more than Bournemouth's?
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Re: An independent review of our finances for 2017/2018
Virtually the same as Bournemouth.Papabendi wrote:why is our player amort more than Bournemouth's?
In that financial year we added the likes of Cork, Wood, Wells, Walters etc. at a cost of over £43m.
All those would be depreciated over one year of their contract terms.
Re: An independent review of our finances for 2017/2018
Frightening figures for those 4 playersRoyboyclaret wrote: In that financial year we added the likes of Cork, Wood, Wells, Walters etc. at a cost of over £43m.
.
Is that with or without wages and/or signing on fees?
On a side note we paid 8.5m in tax, that's a good players 3 year salary.
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Re: An independent review of our finances for 2017/2018
Ric_C wrote:Still pretty gobsmacked that our wage bill is so high, and at comparable levels to Brighton and Watford
Is this not because of the bonuses though? So whilst technically true it's a bit misleading.
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Re: An independent review of our finances for 2017/2018
Lancasterclaret wrote:My favourite bit is where it describes Crystal Palace as a "small club"
Brighton fan I think.
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Re: An independent review of our finances for 2017/2018
Bonuses are now consolidated within the Total Wage figure in the accounts.duncandisorderly wrote:Is this not because of the bonuses though? So whilst technically true it's a bit misleading.
It makes the Wage graph in the link somewhat misleading in that the 2016 figure of £27.1m excludes bonuses. They ought to have increased that figure by £12.2m in order to represent a fair comparison to the latest figures.
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Re: An independent review of our finances for 2017/2018
Just seen that!Longsidebovril wrote:Sean Dyche has a pet hamster called Big Dave??
Check out the combination of opening sentence letters.
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Re: An independent review of our finances for 2017/2018
He does it on all his articles I think.jdrobbo wrote:Just seen that!
Check out the combination of opening sentence letters.
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Re: An independent review of our finances for 2017/2018
He does - the Middlesborough one is quite funnyLongsidebovril wrote:He does it on all his articles I think.
Re: An independent review of our finances for 2017/2018
A good read. I particularly liked this graph
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Re: An independent review of our finances for 2017/2018
Royboyclaret wrote:Virtually the same as Bournemouth.
In that financial year we added the likes of Cork, Wood, Wells, Walters etc. at a cost of over £43m.
All those would be depreciated over one year of their contract terms.
Cork 10m
Wood 15m
Wells 5m
Walters 2m
43m ??
Re: An independent review of our finances for 2017/2018
Nice one longsidebovril. How did you discover his idiosyncrasy.
Re: An independent review of our finances for 2017/2018
The "etc" in Roy's post will include any fees paid for Lennon, Taylor and Bardsley as well which probably accounts for the difference. The compensation we had to pay for Taylor was reported as £6-7m.AndyClaret wrote:Cork 10m
Wood 15m
Wells 5m
Walters 2m
43m ??