Unbelievable Posted February 25, 2014 Share Posted February 25, 2014 FFP is only relevant when you qualify for Europe anyways isn't it, which we're going out of our way to avoid? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted February 25, 2014 Share Posted February 25, 2014 Sharp rise in commercial revenue! Imagine the praise will be pouring in... Link to post Share on other sites More sharing options...
Rich Posted February 25, 2014 Share Posted February 25, 2014 Link to post Share on other sites More sharing options...
Unbelievable Posted February 25, 2014 Share Posted February 25, 2014 Sharp rise in commercial revenue! Imagine the praise will be pouring in... Better than expected but still miles behind comparable clubs like Spurs. Link to post Share on other sites More sharing options...
Unbelievable Posted February 25, 2014 Share Posted February 25, 2014 Anyway IanW, you must be miffed as it's proven once again we're not reinvesting the money the club makes itself? Link to post Share on other sites More sharing options...
Flip Posted February 25, 2014 Share Posted February 25, 2014 Nice to see PROFIT! All I care about is PROFIT! Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2014 Share Posted February 25, 2014 http://i61.tinypic.com/v4m4ua.jpg Ignoring the good news bear's perception of commercial/match day income and turnover rising since last year, in the overall scheme of things they remain either pretty much static or down overall under Ashley. At least they're going the right direction. Link to post Share on other sites More sharing options...
Jtm_92 Posted February 25, 2014 Share Posted February 25, 2014 So next year's finances will be ridiculous in terms of profit i mean. More than 30 Million plus ? Link to post Share on other sites More sharing options...
Interpolic Posted February 25, 2014 Share Posted February 25, 2014 So what's to factor in by this time next year then? -New TV money -Wonga deal -Other minor commercial partnerships that have emerged -Sales of Perch, Inman and Cabaye -Harper and Simpson leaving on frees -Gosling/Gutierrez leaving on loan for a full season between them -Remy and de Jong coming in on loans -Kinnear's contract -Less matchday revenue due to less home matches Any significant new contracts in the past year? Can only think of smaller ones like Dummett and Newton. Improved prize money compared to last year, when we pip Southampton to the league. Link to post Share on other sites More sharing options...
Guest neesy111 Posted February 25, 2014 Share Posted February 25, 2014 Can this profit play in midfield? Thats only what I'm bothered about. Link to post Share on other sites More sharing options...
Rich Posted February 25, 2014 Share Posted February 25, 2014 So what's to factor in by this time next year then? -New TV money -Wonga deal -Other minor commercial partnerships that have emerged -Sales of Perch, Inman and Cabaye -Harper and Simpson leaving on frees -Gosling/Gutierrez leaving on loan for a full season between them -Remy and de Jong coming in on loans -Kinnear's contract -Less matchday revenue due to less home matches -Extra prize money from higher PL finish Any significant new contracts in the past year? Can only think of smaller ones like Dummett and Newton. Improved prize money compared to last year, when we pip Southampton to the league. So potentially £6m extra there if we stay top of the league. Link to post Share on other sites More sharing options...
Deuce Posted February 25, 2014 Share Posted February 25, 2014 Nice to see PROFIT! All I care about is PROFIT! And if we win 8th... Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2014 Share Posted February 25, 2014 The stats have come out!!! :lol: Link to post Share on other sites More sharing options...
Varadi Posted February 25, 2014 Share Posted February 25, 2014 So next year's finances will be ridiculous in terms of profit i mean. More than 30 Million plus ? Should be a lot more - if we managed to make 10 million profit with a net transfer spend of 16 million then we would be 26m up just from spending nothing all year. Add in the 20m for Cabaye, the promised extra commercial income, more TV money and a higher league finish and it should be 60m+ by my reckoning... Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2014 Share Posted February 25, 2014 Can this profit play in midfield? Thats only what I'm bothered about. On paper, profit has two good feet. Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2014 Share Posted February 25, 2014 Sharp rise in commercial revenue! Imagine the praise will be pouring in... http://www.reactiongifs.com/r/wtf.gif creased :lol: Link to post Share on other sites More sharing options...
Leazes1986 Posted February 25, 2014 Share Posted February 25, 2014 If he's just gonna let profits sit in the bank and toss off over them without spending it, I'd rather he just took some of it and lowered the debt owed to him. Link to post Share on other sites More sharing options...
Rich Posted February 25, 2014 Share Posted February 25, 2014 If he's just gonna let profits sit in the bank and toss off over them without spending it, I'd rather he just took some of it and lowered the debt owed to him. I thought he had started doing this, but then the current accounts refer to the £129m loan again. So who knows? Link to post Share on other sites More sharing options...
Rich Posted February 25, 2014 Share Posted February 25, 2014 If he's just gonna let profits sit in the bank and toss off over them without spending it, I'd rather he just took some of it and lowered the debt owed to him. I thought he had started doing this, but then the current accounts refer to the £129m loan again. So who knows? This is wrong, sorry. Original loan was £111m, he put an extra £29m in and wanted that bit back as far as I remember. Took £11m last time. Link to post Share on other sites More sharing options...
Jtm_92 Posted February 25, 2014 Share Posted February 25, 2014 So next year's finances will be ridiculous in terms of profit i mean. More than 30 Million plus ? Should be a lot more - if we managed to make 10 million profit with a net transfer spend of 16 million then we would be 26m up just from spending nothing all year. Add in the 20m for Cabaye, the promised extra commercial income, more TV money and a higher league finish and it should be 60m+ by my reckoning... What an idiot i am, I forget to add in tv money/wonga money Possible 60 million profit in the bank next year , happy days. Link to post Share on other sites More sharing options...
Varadi Posted February 25, 2014 Share Posted February 25, 2014 One bit I don't get: While Newcastle United's use of its overdraft facility stood at £4.5million on 30th June 2013 - up from just £0.3million, the Club's debt remains static in the form of a £129million interest-free loan from owner Mike Ashley. If we've made 10 million profit and Ashley hasn't taken any loan back, how do we still have an overdraft? Link to post Share on other sites More sharing options...
Stifler Posted February 25, 2014 Share Posted February 25, 2014 One bit I don't get: While Newcastle United's use of its overdraft facility stood at £4.5million on 30th June 2013 - up from just £0.3million, the Club's debt remains static in the form of a £129million interest-free loan from owner Mike Ashley. If we've made 10 million profit and Ashley hasn't taken any loan back, how do we still have an overdraft? The overdraft will have been paid off, it's like personal bank accounts. Whatever money comes in goes to pay off the overdraft first, we can't make profit before paying off an overdraft. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted February 25, 2014 Share Posted February 25, 2014 Anyway IanW, you must be miffed as it's proven once again we're not reinvesting the money the club makes itself? Yep, I believe we should be investing in the club as much as possible. Not necessarily all on transfer fees, but we shouldn't exist to make a profit for anyone. Not that we've made any profit for anyone for a while. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted February 25, 2014 Share Posted February 25, 2014 we'll use the overdraft to cover daily operations. Although over time you would expect to see the profit result in cash, it may take a few months, a year or even a few years. Assuming we still pay transfer fees upfront £23m went out in cash in January, I'd guess some season ticket money and TV/league position money will be received after 1st July, hence needing the overdraft at 30th June Link to post Share on other sites More sharing options...
Unbelievable Posted February 25, 2014 Share Posted February 25, 2014 Anyway IanW, you must be miffed as it's proven once again we're not reinvesting the money the club makes itself? Yep, I believe we should be investing in the club as much as possible. Not necessarily all on transfer fees, but we shouldn't exist to make a profit for anyone. Not that we've made any profit for anyone for a while. 50 million profit over the past 3 financial periods, and another massive profit coming up. How does that not benefit our esteemed shareholder? Link to post Share on other sites More sharing options...
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