Burnley make £22.2 million profit in 2016/17

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
Clarets4me
Posts: 5464
Joined: Thu Jan 28, 2016 9:31 pm
Been Liked: 2607 times
Has Liked: 1113 times
Location: Ightenhill,Burnley

Re: Burnley make £22.2 million profit in 2016/17

Post by Clarets4me » Wed Apr 04, 2018 11:29 pm

dsr wrote:You only report post balance sheet events in detail if their effect is so substantial that it would make a reader of the accounts come to a different conclusion about what they show. Since the money received on transfers was matched (more or less) by amounts paid out, I don't think that would apply.
Just done a " back of a fag packet " calculation on our " post balance sheet " events, and I suspect we made a small profit of between £ 2.5 - £5.5m, based on the figures available. I've reduced the Keane figure to account for the 20% due to Manchester United. However, I suspect all of and more this will be spoken for in increased wages for the incoming players, over and above those departing...

Whilst we're all on here keen to consume news on the Clarets, I see no merit in providing any information on what we might value our players at ! Why give competing Clubs any more information than we have to ? In any event, there are so many variables, injury, loss of form, how much a pursuing Club wants a player etc. that they would be of little value..

claretandy
Posts: 4751
Joined: Thu Jan 21, 2016 12:47 pm
Been Liked: 953 times
Has Liked: 238 times

Re: Burnley make £22.2 million profit in 2016/17

Post by claretandy » Thu Apr 05, 2018 6:05 am

Clarets4me wrote:Just done a " back of a fag packet " calculation on our " post balance sheet " events, and I suspect we made a small profit of between £ 2.5 - £5.5m, based on the figures available. I've reduced the Keane figure to account for the 20% due to Manchester United. However, I suspect all of and more this will be spoken for in increased wages for the incoming players, over and above those departing...

Whilst we're all on here keen to consume news on the Clarets, I see no merit in providing any information on what we might value our players at ! Why give competing Clubs any more information than we have to ? In any event, there are so many variables, injury, loss of form, how much a pursuing Club wants a player etc. that they would be of little value..
I think i've heard Dyche say in an interview that we are about £3M in profit on player trading.

Post Reply