Interesting Twitter feed from @KieranMaguire on club finances. I know some of you out there would be keen to take a look but, technophobe that I am, I can't copy images from my phone and paste to Not606. Sorry, epic fail.
Club Finances
- Thread starter Cravingawin
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Fulham paid £100.30 in wages for every £100 earned! Mr Khan did his bit and dipped his hand in his pocket to the tune of Millions!
And we made a £13m loss.
Here's the link to the lodged financial statement for season 2015/16 - over to the accountant on the board to interpret the juicier bits.
https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/slMkeXx9CuBcyHgOpOVZ5otYZxEG78s8-UF31TjPzQk/application-pdf?AWSAccessKeyId=ASIAJJ6VPVEHFXJSHWMA&Expires=1491577678&Signature=qV2LVeZry5YVi18E1Jq5iBM5PAg=&x-amz-security-token=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
Here's the link to the lodged financial statement for season 2015/16 - over to the accountant on the board to interpret the juicier bits.
https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/slMkeXx9CuBcyHgOpOVZ5otYZxEG78s8-UF31TjPzQk/application-pdf?AWSAccessKeyId=ASIAJJ6VPVEHFXJSHWMA&Expires=1491577678&Signature=qV2LVeZry5YVi18E1Jq5iBM5PAg=&x-amz-security-token=FQoDYXdzEC0aDOLDYKWqZQGVW0YFZCK3AxvC3BElwuAR4HCdGVHwpLiCxwoQpnTaw040GhKMoRhYoy3TbZwloHaFBquus0WTPH7b/mjm/EhWb9FLM3sino3PuZYKFKzcz/x4cCw/LmrBgGRdFYLR6UlMkyDtsXHsUgNiLdQsQWV8Ulr94tFuSHEbcLJxkuPOmd9SEHv28fM8mJBWw7xkRfHMRk5c4ITnBA0cTd+6B07RGFIHZyE7gEfDarE750OCpzLk9SNib4ulVSiyOReEgTl7qtocu97KrbLspAHXw14dqKEcndz6qo4EDjLzPdG3yu8d/7x3U0fFeuoJfb7HEg7o3e3ifFtsvdmBlGhdaDMZPBEnlgANhOrfclkqvWtep4MjxIGqJlvWr7IIR/ehNkK2k5eaWD4phivTrXIBH2DcbgLj/l2PzEYErm0Xrv2bCsm4sPqhClNwK0ZcdUbXBwKuew16w0Vp+ihlDLceLDxkeSjGocLlrPsUUYoU0WrTzR379ZKoqpjepdCg1NlbNddlv9zqeE4jcG8zycLMLa0v+nJGGsIKhXq9BQPlVtOrsR63H2h/1LTNCX8HuT6nHBvfEy+gYwpdPM2woutLtJ0o54WexwU=
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Really good summary of the Financial Statements across the Championship for season 2015/16 from Cravings chap @KieranMaguire
You must log in or register to see images
Took it from the twitter @KieranMaguire, but I know people have said Fulham have just released their accounts on company house, so it might be part of that.
It's the P&L for the group accounts, so it likely includes a small amount of non-operational figures.
What I find the most interesting about this set of accounts is that player wages are still so high. I shudder to think how much we were paying McCormack.
What I find the most interesting about this set of accounts is that player wages are still so high. I shudder to think how much we were paying McCormack.
Would the players wages also include those on loan, The Greek, Sket's etc. but the monies we receive from the loan deal being in another column? Just ensuring we compare eggs with eggs.
It appears that the link to the set of accounts recently lodged with Companies House 3 posts from the top of this thread doesn't work. However if you Google "Companies House Beta" and enter "Fulham Football Club" you'll find them.
Worth a look because they include quite a lot of narrative from our CEO. The same Ali Mac, who as the accounts show, got a pay rise of something like £30k and last year earned £580k (despite the Club making a loss).
Likewise couldn't understand the wage situation. Okay, knew Scotty Parker was on top whack but ... ? However read something interesting which might add a tad of sense.
The suggestion was that we are still paying off Muelenstein, Curbishley, Magath and Kit. Also Stuart Gray, although now billed as Jokanovic's assistant, will be on the equivalent of a Championship manager's wage. So not all the money is by any means, going to players.
We've been allocated £16.3m from TV money (all sources) for season 2016/17. That's £4.5m down on season 2015/16.
That probably reflects that we've lost our 'big boys down from the Prem' status in many people's eyes, so are less tempting for execs choosing which games to televise. The fact that our late run had us just outside the play offs until the last few weeks probably kept our profile lower. Conversely, our status as the team that lots of people fancied for the play offs might mean that we get chosen for more televised games this time around, leading to a greater share of the cash next year. Hopefully.