SHA Small Heath Alliance

I read the accounts as heavily pre positioned for SCR to be honest.

Likewise.

Gavlaaa40

Holdsworth_MaraSonner

Gavlaaa40

Super Hans

I'll wait for someone smarter than me to tell me if I should worry but that wage to turnover ratio is a bit scary.

Yep, i will pass judgement when someone who actually understands the underlying detail and can explain it in laymans terms without spinning it negatively or positively

About 5 people already have on this thread.

So how much of the loss is because of the investment in infrastructure? Or is the total loss football related?

I have not seen that, if someone has already put it on here then fair enough.

It is a little bit complicated to work out.
Using the fixed asset note we have added £17.8m of buildings, plus a further £3.3m for right of use.
I think the £3.3m is probably the training centre and the rest is the improvements at St Andrews and possibly some spending on the new ground.
The deprecation is £4.4m of which £1.3m relates to the £17.8m

I doubt that anything to do with the new ground is being depreciated and the spending would not have been that big in 2024-25 (compared to the overall cost). It is also not clear that all of the spending is via the football club rather than through other companies.

Effectively we have lost £35m running the club of which £10m+ is amortisation and depreciation and £10m is interest. There will be a fair amount on the academy included in that as well.
Breaking everything out in detail can't be done, but it is possible to see how we can be compliant with a £13m PSR loss per year, based on these figures.

Sheep2

It is a little bit complicated to work out.
Using the fixed asset note we have added £17.8m of buildings, plus a further £3.3m for right of use.
I think the £3.3m is probably the training centre and the rest is the improvements at St Andrews and possibly some spending on the new ground.
The deprecation is £4.4m of which £1.3m relates to the £17.8m

I doubt that anything to do with the new ground is being depreciated and the spending would not have been that big in 2024-25 (compared to the overall cost). It is also not clear that all of the spending is via the football club rather than through other companies.

Effectively we have lost £35m running the club of which £10m+ is amortisation and depreciation and £10m is interest. There will be a fair amount on the academy included in that as well.
Breaking everything out in detail can't be done, but it is possible to see how we can be compliant with a £13m PSR loss per year, based on these figures.

The last line being the important bit, for me anyway.

KH have my trust and i expect us to be compliant.

Thank you.

Wim fooked

Gavlaaa40

Sheep2

It is a little bit complicated to work out.
Using the fixed asset note we have added £17.8m of buildings, plus a further £3.3m for right of use.
I think the £3.3m is probably the training centre and the rest is the improvements at St Andrews and possibly some spending on the new ground.
The deprecation is £4.4m of which £1.3m relates to the £17.8m

I doubt that anything to do with the new ground is being depreciated and the spending would not have been that big in 2024-25 (compared to the overall cost). It is also not clear that all of the spending is via the football club rather than through other companies.

Effectively we have lost £35m running the club of which £10m+ is amortisation and depreciation and £10m is interest. There will be a fair amount on the academy included in that as well.
Breaking everything out in detail can't be done, but it is possible to see how we can be compliant with a £13m PSR loss per year, based on these figures.

The last line being the important bit, for me anyway.

KH have my trust and i expect us to be compliant.

Thank you.

This is exactly it for me. Smart people at the helm who know what they’re doing and how to maximise everything.

Look the NFL where they have a salary cap but teams spend way above it through creative accounting. Eventually it comes back to bite you but the idea is to grow revenue enough (or the salary cap in NFL terms) that you can eat the cost

Any competently run club has to be pretty much compliant.
You can't afford to lose points and be put in special measures.
It ruins up to 3 seasons or maybe even longer, not just the season you lose points.
We saw that under Dong. Leicester are seeing it at the moment.

I do think the sums lost - not just at Blues but at almost every club are horrifying.
That is a consequence of the PL clubs' income and of parachute payments. There is just no way clubs without them can compete without losing large sums every season.

Bristol City are different though.

BigBarryBoozer

Bristol City are different though.

How?

They get in some £ from rugby and concerts.
Lost £18m last season. That doesn't look so different from everyone else to me.

Plus their owner wants out.
I can't see them improving much on or off the pitch from where they are.

Kroblues

Gavlaaa40

Sheep2

It is a little bit complicated to work out.
Using the fixed asset note we have added £17.8m of buildings, plus a further £3.3m for right of use.
I think the £3.3m is probably the training centre and the rest is the improvements at St Andrews and possibly some spending on the new ground.
The deprecation is £4.4m of which £1.3m relates to the £17.8m

I doubt that anything to do with the new ground is being depreciated and the spending would not have been that big in 2024-25 (compared to the overall cost). It is also not clear that all of the spending is via the football club rather than through other companies.

Effectively we have lost £35m running the club of which £10m+ is amortisation and depreciation and £10m is interest. There will be a fair amount on the academy included in that as well.
Breaking everything out in detail can't be done, but it is possible to see how we can be compliant with a £13m PSR loss per year, based on these figures.

The last line being the important bit, for me anyway.

KH have my trust and i expect us to be compliant.

Thank you.

This is exactly it for me. Smart people at the helm who know what they’re doing and how to maximise everything.

Look the NFL where they have a salary cap but teams spend way above it through creative accounting. Eventually it comes back to bite you but the idea is to grow revenue enough (or the salary cap in NFL terms) that you can eat the cost

Teams don’t spend above the salary cap at all in the NFL it’s very hardline.

I haven't really taken an in-depth look into the regulations here, however, with the intention to build a sports quarter with multiple sports teams, i guess it is likely that, as with the women's sale, it will give further scope to maximise revenue and minimise attributable costs across the different sports to stay within the rules over any 3 year period.

Mayor, do you now want to acknowledge that I was right all along when I said circa Nov 2024 that our average earner would be on five figure weekly wages and you went to great lengths to discredit my claim as such?

Docky91

Kroblues

Gavlaaa40

Sheep2

It is a little bit complicated to work out.
Using the fixed asset note we have added £17.8m of buildings, plus a further £3.3m for right of use.
I think the £3.3m is probably the training centre and the rest is the improvements at St Andrews and possibly some spending on the new ground.
The deprecation is £4.4m of which £1.3m relates to the £17.8m

I doubt that anything to do with the new ground is being depreciated and the spending would not have been that big in 2024-25 (compared to the overall cost). It is also not clear that all of the spending is via the football club rather than through other companies.

Effectively we have lost £35m running the club of which £10m+ is amortisation and depreciation and £10m is interest. There will be a fair amount on the academy included in that as well.
Breaking everything out in detail can't be done, but it is possible to see how we can be compliant with a £13m PSR loss per year, based on these figures.

The last line being the important bit, for me anyway.

KH have my trust and i expect us to be compliant.

Thank you.

This is exactly it for me. Smart people at the helm who know what they’re doing and how to maximise everything.

Look the NFL where they have a salary cap but teams spend way above it through creative accounting. Eventually it comes back to bite you but the idea is to grow revenue enough (or the salary cap in NFL terms) that you can eat the cost

Teams don’t spend above the salary cap at all in the NFL it’s very hardline.

On official numbers they don’t. But you can covert salary to signing bonus to amortise the contract over the years rather than all hitting in one go. It’s how you end up with players with stupid cap hits in 2028 but relatively small for this season.

I don't want to pretend I know much about PSR, other than I know that generally the thing is leftist corporatism and for the good of football the whole thing should be scrapped. I'm not going to pretend I know the ins and outs of how likely in future years we are likely to breach PSR regulations if current projections are maintained.

Wages being 107% to revenue is a big concern though. That is simply unsustainable.

TresorLuntala

NouCamp

The wage to turnover ratio worries me. That's completely unsustainable and I'm surprised we're being that reckless.

If it effs us it effs us, at least its given us some hope and excitement

This is where I am at, there’s nothing I can do about it, so I am enjoying the ride and the optimism the club has.

Same, I'm old, just get the feckin' chimbleys built and don't bother me with details 😁👍

Nat

I don't want to pretend I know much about PSR, other than I know that generally the thing is leftist corporatism and for the good of football the whole thing should be scrapped. I'm not going to pretend I know the ins and outs of how likely in future years we are likely to breach PSR regulations if current projections are maintained.

Wages being 107% to revenue is a big concern though. That is simply unsustainable.

That is one of the more positive aspects of the results. You have to go back to 2015/16 and Rowett's first tenure since the figure was that low