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March 28 2024 9.23pm

lotsofmula money from EPL

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View woody6013's Profile woody6013 Flag Bundaberg Queensland 11 Jun 18 11.29pm Send a Private Message to woody6013 Add woody6013 as a friend

Can anyone explain where the dosh goes.
Is it for wages ? or general running of the club.
If its for buying players that would be farsical as it would only lead to higher transfer fees.
The Stadium upgrade surely is from the Overseas investors, or have I got this all completely wrong.
I may be 12,000 miles away and upside down, but it would be nice to know its not getting wasted.

 

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View FairweatherEagle's Profile FairweatherEagle Flag London 12 Jun 18 1.23am Send a Private Message to FairweatherEagle Add FairweatherEagle as a friend

Yes wages and transfer fees mostly. The agents tend to make commission on all of these transactions so it gets a little more inflated. Our wage bill for 16/17 was approximately 80 million. I think it'll be closer to the 90 mark for this season. That's clearly the lion's share of the TV money gone.

Correct me if I'm wrong.

 

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View DutchEagleJohan's Profile DutchEagleJohan Flag Vlissingen, Netherlands 12 Jun 18 9.37am Send a Private Message to DutchEagleJohan Add DutchEagleJohan as a friend

You are wrong: wages in the 2015-2016 season were already 82m. being 79 percent of a turnover of just over 100m.

[Link]

Guess this clearly answers the ops question though. It is mainly wages indeed.


Originally posted by FairweatherEagle

Yes wages and transfer fees mostly. The agents tend to make commission on all of these transactions so it gets a little more inflated. Our wage bill for 16/17 was approximately 80 million. I think it'll be closer to the 90 mark for this season. That's clearly the lion's share of the TV money gone.

Correct me if I'm wrong.


 

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View YT's Profile YT Flag Oxford 12 Jun 18 10.23am Send a Private Message to YT Add YT as a friend

Sorry, I tried adding a link to the CPFC 2010 accounts for 15/16 (the latest ones published, as discussed in another thread) but I failed miserably.

Search for ‘Companies House Beta Service’

Then search for ‘CPFC 2010’

Then ‘Filing History’ and scroll down to the 2016 accounts.

Edited by YT (12 Jun 2018 10.27am)

 


Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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View cryrst's Profile cryrst Flag The garden of England 12 Jun 18 11.00am Send a Private Message to cryrst Add cryrst as a friend

The highest expenditure in any business must be wages and add on bonuses etc.
There can't be many that spend more on anything else so football clubs are businesses and share the same operational challenges.

 

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View Painter's Profile Painter Flag Croydon 12 Jun 18 1.19pm Send a Private Message to Painter Add Painter as a friend

Originally posted by cryrst

The highest expenditure in any business must be wages and add on bonuses etc.
There can't be many that spend more on anything else so football clubs are businesses and share the same operational challenges.

Are you try to suggest football is like a normal business? I don’t know of any other business, where wages are 80%+ of total revenue. I would suggest an average wage bill of 20% of turnover in most businesses.
So therefore football clubs don’t have the same operational challenges.

 

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View andyachtie's Profile andyachtie Flag Monte Giberto 12 Jun 18 3.22pm Send a Private Message to andyachtie Add andyachtie as a friend

Agreed.

Originally posted by Painter

Are you try to suggest football is like a normal business? I don’t know of any other business, where wages are 80%+ of total revenue. I would suggest an average wage bill of 20% of turnover in most businesses.
So therefore football clubs don’t have the same operational challenges.

 

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View palace1fan's Profile palace1fan Flag exiled in Cheshire 13 Jun 18 9.07am Send a Private Message to palace1fan Add palace1fan as a friend

Originally posted by Painter

Are you try to suggest football is like a normal business? I don’t know of any other business, where wages are 80%+ of total revenue. I would suggest an average wage bill of 20% of turnover in most businesses.
So therefore football clubs don’t have the same operational challenges.


Well in my business Wages run at around 70-80% of turnover and that's rife throughout the industry. In most businesses I have been involved the wage layout is always 50% plus...
so if you can nip over and get my wage bill down to 20% you would make me a millionaire in a year....

Not often I reply these days, more of a reader but your post did make me chuckle and I am sure in many ways and places you may be correct but I certainly doubt that thats the case in the football industry. Mercenary players and agents gettting every penny they can and making Hay whilst the sun shines.

 


onwards and upwards, live everyday as if its ya last

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Tipp_Eagle Flag Tipperary 13 Jun 18 12.12pm

ok most if not all the tv money goes on wages and fees, im a bit ignorant to all this so please forgive me . does any one know how much money is created by , the cpfc shop, ticket sales ,programs and advertising, and sponsorships?

 


oh yeah ,fcuk off brighton.

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