Geordie Ahmed Posted March 6, 2012 Share Posted March 6, 2012 What time period will these accounts cover? Link to post Share on other sites More sharing options...
Taylor Swift Posted March 6, 2012 Share Posted March 6, 2012 If we have made a profit before player trading then it's very good news. I expect our overall profit to be £20m+ when you factor in player trading. It looks like we're being run well. The wage bill must not be very high, the gate receipts must be higher than the past couple of years. If we're making a profit before player trading then we should be able to spend a bit in the summer given that there is still a bit of the Carroll money available. Link to post Share on other sites More sharing options...
Anderson Posted March 6, 2012 Share Posted March 6, 2012 What time period will these accounts cover? Approximately last season. Link to post Share on other sites More sharing options...
Taylor Swift Posted March 6, 2012 Share Posted March 6, 2012 It'll cover the year of 2011, which includes the Carroll transfer, the Ben Arfa transfer, the Cabaye transfer but it won't include the Cisse transfer. It covers our first season back in the Premiership and the start of this season, so it should see us return to 100m+ in revenue for the first time in a few years. The fact that our attendances ticked up this year will show in the accounts, as will the good number of season tickets that were sold in the promotion period in Nov/December. Link to post Share on other sites More sharing options...
BottledDog Posted March 6, 2012 Share Posted March 6, 2012 Not all sunshine and smiles. HMRC are chasing us for potential tax avoidance due to how we have been compensating players via image rights payments. Could be nasty. Link to post Share on other sites More sharing options...
Optimistic Nut Posted March 6, 2012 Share Posted March 6, 2012 Not all sunshine and smiles. HMRC are chasing us for potential tax avoidance due to how we have been compensating players via image rights payments. Could be nasty. http://uk.finance.yahoo.com/news/newcastle-united-settles-image-rights-060002355.html Link to post Share on other sites More sharing options...
BottledDog Posted March 6, 2012 Share Posted March 6, 2012 Ha, fair enough, all's good then. Link to post Share on other sites More sharing options...
Rebellious Posted March 6, 2012 Share Posted March 6, 2012 If I have got it right Next Accounts Due: 31/03/2012. Name & Registered Office: NEWCASTLE UNITED LIMITED ST. JAMES' PARK NEWCASTLE UPON TYNE NE1 4ST Company No. 02529667 Name & Registered Office: NEWCASTLE UNITED FOOTBALL COMPANY LIMITED ST JAMES PARK, NEWCASTLE-UPON-TYNE NE1 4ST Company No. 00031014 Shouldn`t they update there registered office to Sports Direct Arena. Link to post Share on other sites More sharing options...
Crumpy Gunt Posted March 6, 2012 Share Posted March 6, 2012 Is this the first set of returns since the last increased SKY deal? Link to post Share on other sites More sharing options...
NG32 Posted March 6, 2012 Share Posted March 6, 2012 Good news, finally sorted out shepherds mess and his own early mistakes. Good to see we have just about peddled all the aging players on big wages and then been really sensible in the transfer market. Its a million miles away from Shepherds model. Link to post Share on other sites More sharing options...
Guest neesy111 Posted March 6, 2012 Share Posted March 6, 2012 It'll cover the year of 2011, which includes the Carroll transfer, the Ben Arfa transfer, the Cabaye transfer but it won't include the Cisse transfer. It covers our first season back in the Premiership and the start of this season, so it should see us return to 100m+ in revenue for the first time in a few years. The fact that our attendances ticked up this year will show in the accounts, as will the good number of season tickets that were sold in the promotion period in Nov/December. No it won't. Ashley and every club do their accounts over a season and not on a financial year. Link to post Share on other sites More sharing options...
Benwell Lad Posted March 6, 2012 Share Posted March 6, 2012 Progress on the playing side allied to reduced costs and profitability is a clever conjuring trick in today's world. Perhaps the RBS should head hunt Dekka ? Link to post Share on other sites More sharing options...
Guest neesy111 Posted March 6, 2012 Share Posted March 6, 2012 We'll also have 3.5M in wages free after the summer after Smith has left. This is good news but expected. Link to post Share on other sites More sharing options...
quayside Posted March 6, 2012 Share Posted March 6, 2012 Telegraph Sport understands there is still some money left from the sale of Andy Caroll to Liverpool for £35million last year, despite the £10million signing of Papiss Demba Cissé in January. That's some Mensa-level maths from the Telegraph there, there's no fooling them is there? Tbf I have been fully expecting that money to go towards reducing the club's debt to Ashley which still stands at £150m. if it did, which wouldn't surprise me i doubt it would be so straightforward. Why? just think it he would more hidden, deeper in the accounts than me or you would realise. hence why i'd like quayside or LLLO to make a re appearance. I'm here and will do my best to help when the accounts are published. Link to post Share on other sites More sharing options...
Spider Jerusalem Posted March 6, 2012 Share Posted March 6, 2012 We'll also have 3.5M in wages free after the summer after Smith has left. This is good news but expected. Aye, enough to cover the wages of approximately two and a half more players under the current wage structure. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted March 6, 2012 Share Posted March 6, 2012 It'll cover the year of 2011, which includes the Carroll transfer, the Ben Arfa transfer, the Cabaye transfer but it won't include the Cisse transfer. It covers our first season back in the Premiership and the start of this season, so it should see us return to 100m+ in revenue for the first time in a few years. The fact that our attendances ticked up this year will show in the accounts, as will the good number of season tickets that were sold in the promotion period in Nov/December. No it won't. Ashley and every club do their accounts over a season and not on a financial year. Yep 1 July 2010 to 30 June 2011. They are supposed to be filed no later than 1 April, were late last year iirc. Link to post Share on other sites More sharing options...
Shayno Posted March 6, 2012 Share Posted March 6, 2012 Well done Bean Counters! Link to post Share on other sites More sharing options...
Dokko Posted March 6, 2012 Share Posted March 6, 2012 We'll also have 3.5M in wages free after the summer after Smith has left. This is good news but expected. Aye, enough to cover the wages of approximately two and a half more players under the current wage structure. Add Harper & lovenkrands to that as well, at least £5-6m a year saved with no impact to quality. Link to post Share on other sites More sharing options...
Dokko Posted March 6, 2012 Share Posted March 6, 2012 This is fanastic news btw, especially before player trading. Would be even better if we got that much talked about £10m for the unwanted sponsorship of the ground. Link to post Share on other sites More sharing options...
madras Posted March 6, 2012 Share Posted March 6, 2012 We'll also have 3.5M in wages free after the summer after Smith has left. This is good news but expected. alternativly krul's pay rise,jonas's, possibly even colo's. Link to post Share on other sites More sharing options...
Dokko Posted March 6, 2012 Share Posted March 6, 2012 We'll also have 3.5M in wages free after the summer after Smith has left. This is good news but expected. alternativly krul's pay rise,jonas's, possibly even colo's. I think Krul will be the only one with a meaningful pay rise, other two it was about the length. Link to post Share on other sites More sharing options...
NG32 Posted March 6, 2012 Share Posted March 6, 2012 It should be an interesting summer, would like Ba tied down on a new contact given that harry redknapp was blabbing on about T&Cs. Link to post Share on other sites More sharing options...
OzzieMandias Posted March 6, 2012 Share Posted March 6, 2012 "Return" to profit. I wonder when was the last time. Link to post Share on other sites More sharing options...
Guest icemanblue Posted March 6, 2012 Share Posted March 6, 2012 Mint! When's the trophy presentation? Link to post Share on other sites More sharing options...
quayside Posted March 6, 2012 Share Posted March 6, 2012 "Return" to profit. I wonder when was the last time. A trading profit was made in 2004 - although it was then wiped out by a dividend payment to the shareholders. Link to post Share on other sites More sharing options...
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