From the club site just now: Key points from the accounts: - For the year ending June 30 2015, the total club turnover was £24.4m - down from £25.3m - The club has continued to carefully manage its operating cost base effectively and continued the process of restructuring the business in order to help realise these savings. - As a result of the work undertaken, the overall losses at the club have reduced significantly from £22.9m for the year ending 2014 to £2m for the year ending 2015. This represents a 91% reduction in overall losses. - The position has been helped by an improvement in player trading and a significant reduction in the overall cost of sales at the club of £2.29m (-58%) on the previous year. - Investment in the first-team playing squad totalled £6.1m during the year ending June 30 2015, compared to £2.3m during the year ending June 30 2014. - Net assets at June 30 2015 were £1m, this compared to net liabilities of £13.5m as at June 30 2014. - During the year ending June 30 2015, Eleonora Sport converted £6.5m of debt into equity. Eleonora Sport injected further capital into the club through acquiring additional shares. - The accounts show that Eleonora Immobiliare SpA, parent company of Eleonora Sport Limited, has injected capital totalling £42.96m into the Group. - First-team playing squad and first-team coaching staff wages in the year were £17.4m, equating to 71% of total turnover. - Average age of players in the first-team squad during the 2014/15 season was 23 years old. - Average home league attendance in the season was 24,278. This figure was down from 25,089 the previous season. - The club's Grass Roots ticket initiative, designed to encourage groups of young people to watch live football at Elland Road, continues to be popular with 8,571 people attending during the 2014/15 season. Chairman Massimo Cellino said: "I would like to thank the senior management team and all of our employees for their hard work and effort during this difficult period to help achieve these improvements in the business performance of the club. "The accounts illustrate the commitment that has been made to resolve the financial issues which have surrounded Leeds United Football Club. The club is now on a stable financial footing for the first time in many years. "We are confident that we can continue to make further improvements in the years ahead. We hope that we can now finally begin to focus and invest the club's income, generated through our supporters and sponsors, into improving the quality of the playing squad and performances on the pitch. "We would like to thank the supporters and our sponsors for their continued patience and support."
I was only pulling yours plums.......everyone knows you're the glue that keeps this club together...........
I think Cellino should be begging SKY to show more live matches.......at least then he won't miss those stay away fans........
More unsubstantiated and fanciful financials from the hate squad to harm our club with. Our current average home gate is just short of 23,000. Source: http://www.soccerstats.com/attendance.asp?league=england2 Even setting aside the additional income streams from cups, tv etc., the numbers are ludicrous. Let me paraphrase the salient points from Gombawn's excellent post using the actual average gate figure: If it is 25,000, and the actual average is 23,000, that's 2,000 less than break even over 23 home games = 46,000 less fans over the season. At a max average of £35 per ticket, that's a total £1,610,000 for the year or £135,000 a month. Is that near enough a million? No, it's 86.6% less than a million. Qualifies as scaremongering propaganda, methinks.
Has the same problem with his anti Cellino club,Glory recons they are a majority of thousands when in reality its 288 from what I hear.
Oh look it's the boards failed blackmailer...... You seem as inept at that as you are at reading situations, personal relationships and diagnosing mental health issues in others........ Hardly surprising since you keep reading things no one posted. For the benefit of everyone else, I won't talk to or about you if you don't talk to or about me on the boards. Deal? Oh and never pm me again.
I notice that you've employed your usual tactic after being caught out making up stuff. Again. Better to attack someone than substantiate your nonsense claim, eh? Your big accusation against me appears to be that on one occasion I allegedly told one lie. I won't go back over that ground as you don't want to know. However it appears to be ok for you to spout lie after unsubstantiated lie about the Cellino regime. And anyone who challenges you on this, or any other matter you pontificate on, gets a barrage of abuse. So it comes as no surprise that most people don't challenge you, as they just want to discuss football, our club etc., and understandably don't want to lose the will to live as you abuse them right, left & centre. So now you want me to give you licence to spout nonsense and lies without challenging you? Sorry precious, I don't see why I have to make a deal. Someone has to put your poisonous gas at a peep. Are you for real? As for the pm, I did express regret that you felt obliged to make your revelation, but explained that I had no recollection of it. I explained to you what I was actually talking about, and did you the courtesy of communicating by pm, as I didn't want to harm your reputation. If I was the bad man you make out, I could also have gone to town on your revelation, but I didn't, did I?
I have said I don't understand the spin put in the figures in cellinos press release...... Not as clever as you. Feel free to go to town......... But be prepared for the consequences...... My reputation? You really think having a broken relationship (not my fault she had knicker elastic problems) and estranged kids is that unusual? The only person who can beat me up about how things turned out 27 years ago is me, and I have... Nothing more can be said or done now. I don't want you to do anything. I am requesting you don't engage with me for the benefit of everyone else that reads these pages. I am sure they don't want to see us going at it me I couldn't careless but you are the intelligensia here according to you. Genuine questions. Given you want me kicked, TC kicked and only six weeks ago you did your very best to get our mods kicked why are you here? And what is your real objective?
OK, Smart ass. If you "don't understand the spin put in the figures in Cellino's press release", why don't you just STFU? Instead you post the poisonous fairy story "On cellinos figures of 25000 to break even we are now losing circa £200k a week. Near enough £1 mill a month, exactly the same as we were when he "rescued us"". This is pure and absolute nonsense, with no substantiation whatsoever. Pure poison & completely made up. Time & time again you post pish & get uppity if anyone points out that it's complete & utter rubbish. So why don't you STFU until you actually do understand something, or have links to the evidence to back back up your increasingly hysterical fantasies?
Ok, had a deliberate breather for a few weeks but feel the need to speak. This is an open message to you both (WJ & Chippy to be clear). I have only posted on here for a year or so but am a fan not a season ticket holder to use the football analogy. Genuinely have liked and respected posts from both of you for all of that time until recently and would happily go to a meet up with one or both of you but you are both losing your way and this is becoming familiar. If I were a mod I would be groaning at the way this is heading. Calling each other out on here, talking about secrets you have shared and trying to get the better of each other with every post is below both of your dignities. If it continues to degenerate it will lead to even more posters leaving and likely one or both of you being banned - nobody wants that. I thought you were mates?? If I have mis-read this and it is banter I apologise but I don't think it is. If it is a situation that has got out of hand, please go to your local and sort it out over a game of conkers in the Car Park and then buy each other a pint and a Campari. If it is beyond you to try to reconcile may I recommend the ignore function? It is truly cathartic. You may think you are too proud to back down but I have found it more akin to sitting behind the noisy twat in the ground that spouts sh1t so I just moved seats!! Finally, rather than shout at me or each other from your keyboard, how about you help me solve this riddle? FFP means a limited % of income can be spent on players. If those players perform poorly fans stay away making the income drop. This in turn means less money to buy decent players. The likely outcome is performances deteriorate even further. Obvious but how do you break that ever decreasing circle??
