194.5m losses 2010/2011

[BusterPhillips]

Just seen this on twitter, havnt seen the detailed report yet.

Thought i would share this, merge if topi already open!

 

[Blue Llama]

report on the OS and its nothing like £190M

 

[Thaksinssoldier]

It doesn't include the etihad deal or the champs league money.

Actually we look quite healthy when you factor in growth for next year with this.

 

[Andouble]

and not a pound in debt. :)

 

[Mclovin]

It doesn't include the etihad deal or the champs league money.

Actually we look quite healthy when you factor in growth for next year with this.

exactly, not as bad as it seems.

 

[cleavers]

and not a pound in debt. :)

Sssssshhhh you'll wake the neighbours.....

 

[Citizen Green]

It doesn't include the etihad deal or the champs league money.

Actually we look quite healthy when you factor in growth for next year with this.

exactly, not as bad as it seems.

So what in total would the realistic loss look like.

 

[Prestwich_Blue]

Just seen this as well. No detailed figures as yet but turnover is up to £153m, which means we should get close to £250m next year, which is excellent news.

We're carrying a hefty wage bill which includes quite a few players who won't be with us fo rmuch longer and we've also incurred significant losses on some of those players we've sold. The size of the loss is not altogether a shock but it's a little more than I expected although my estimate of around £150m didn't take player trading into account.

It sounds pretty grim but that is the worst it will get, plus a lot of the wage bill can be excluded for the first couple of years of FFPR.

 

[BusterPhillips]

It doesn't include the etihad deal or the champs league money.

Actually we look quite healthy when you factor in growth for next year with this.

exactly, not as bad as it seems.

I agree entirely, however I'm expecting a twatini quote this week on the back of this about FFP and numerous wanky jorno articles to follow

 

[Citizen Green]

Just seen this as well. No detailed figures as yet but turnover is up to £153m, which means we should get close to £250m next year, which is excellent news.

We're carrying a hefty wage bill which includes quite a few players who won't be with us fo rmuch longer and we've also incurred significant losses on some of those players we've sold. The size of the loss is not altogether a shock but it's a little more than I expected although my estimate of around £150m didn't take player trading into account.

It sounds pretty grim but that is the worst it will get, plus a lot of the wage bill can be excluded for the first couple of years of FFPR.

Exactly, I was never aware this was apart of the rules so I'm pretty happy with that, I'm also more than confident we will meet them. On paper it is very uncomfortable to look at (£195m) but it's all looking up in the long run.